Chinese auto parts firm eyes Ford unit
HANGZHOU, China - Wanxiang, China's largest car-parts maker and one of its most acquisitive companies, is in talks with Ford to buy assets from the US carmaker's troubled components arm. Lu Guanqiu, founder and chairman of Wanxiang,
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And now it seems that (profitable, I assume) Chinese auto parts producers are interested in buying the (unprofitable/ bankrupt) US parts producers -- often parts producers spun off from GM or Ford. Wanxiang wants to buy what was once
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FT: Chinese auto parts firm eyes Ford unit - Financial Times
Wanxiang, China's largest car-parts maker and one of its most acquisitive companies, is in talks with Ford to buy assets from the US carmaker's troubled
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