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CAPAC Plans to Ally with U.S. Parts Suppliers
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2011-04-01
CAPAC is expanding its technical center located in the suburb of Detroit, which is the first step of making an alliance with U.S. parts suppliers.
This state-owned group is organized by 100 suppliers and has invested USD10 million in establishing an R&D center, which is co-used by CAPAC and China's chassis parts manufacturer, Tempo.
The global sale of CAPAC is USD 30 billion. Its major products are after-sale parts and annual sale in the U.S. is USD80 million.
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