Autoliv (ALV) announced that Jiangling Motors, or JMC, and Autoliv Management will start a new strategic cooperation to advance innovation and support global expansion. JMC is a company in China’s commercial vehicle industry and a new force in the field of passenger vehicles. Autoliv has supplied seatbelts to JMC since 1997. The new strategic cooperation aims to leverage the companies’ respective strengths and enhance global presence together. Efficient supply chain and modularization are expected to create new global market opportunities.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALV: