Chinese auto parts firm sets sights on German brakes unit
By Zhang Yuwei | China Daily | Updated: 2011-08-05 07:58
NEW YORK - Chinese auto parts maker BWI Group (Beijing West Industries) is the frontrunner to acquire the brakes manufacturing unit of German automotive supplier Robert Bosch GmbH, according to a BWI manager in the United States.
"The (Bosch) deal is really to strengthen the capacity of BWI's business in brakes and suspension systems," said Steve Lin, an engineering manager at BWI Group's Michigan office.
When China Daily reached Bosch representatives at its Michigan office, the company couldn't confirm or comment on the deal.
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