Faurecia settles in Chongqing
CHONGQING (CQNEWS) -- Faurecia, one of the largest auto parts manufacturers in the world, has completed the construction of its plant in the New North Zone of Chongqing on June 14, 2012.
This plant, with a total investment of 70 million yuan, will produce instrument board, water tank, door panel and some other automotive parts for car markers like Chang'an Ford, SAIC-Iveco Hongyan.
It is estimated that the plant will realize an annual output value of 900 million yuan.
A total of four car markers and some well-known auto supporting enterprises have established plants in the New North Zone, forming a complete auto industry chain, with an annual output value of 150 billion yuan.