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Huf Group to form China JV on TPMS

时间:2018-07-24  【转载】   

Date: Jul 24th  2018   Copy editor: Tyrefull

German automotive supplier Huf Hülsbeck & Fürst signed a letter of intent in July with Shanghai’s vehicle components maker Baolong Automotive to form a joint venture on tire pressure monitoring systems (TPMS).


The official contract will be signed in September and tnew company, 55/45 owned by Baolong and Huf Group, will be launched in January 2019, said the press release.


It will combine the former’s TPMS unit with 400 employees in Shanghai and Wuhan.


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