Wuhan Faurecia Tongda Automotive Exhaust System Company reached the annual production capacity of 1 million sets with sale volume of 1.1 billion Yuan (US$1.75 billion), according the statement made jointly by French leading car parts maker Faurecia and Hubei Tongda Co., Ltd.
The company has become the leading company in car parts maker in Wuhan Economic and Technological Development Zone where automotive and spare parts are dominant pillar industries.
Local companies should upgrade their technology and train their R&D groups by the cooperation with international giants, Wang Xingang, chairman of Hubei Tongda said.
The joint venture was established in Wuhan, Hubei's capital city in 1992 while two sides set up their second company in Chongqing in 2011.
The company has become the leading company in car parts maker in Wuhan Economic and Technological Development Zone where automotive and spare parts are dominant pillar industries.
Local companies should upgrade their technology and train their R&D groups by the cooperation with international giants, Wang Xingang, chairman of Hubei Tongda said.
The joint venture was established in Wuhan, Hubei's capital city in 1992 while two sides set up their second company in Chongqing in 2011.
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