Chinese Automakers Expand Business in Taiwan

www.chinabuses.org: According to the news from China Association of Automobile Manufacturers (CAAM for short as below) reported that two major Chinese mainland automakers are seeking to research and develop their products in Taiwan, southeastern part of China. Both of these auto companies is going to build production base in Taiwan.

The insider reveals that Taiwan Yulon Motor Co., Ltd may become the strategic partner for these two mainland automakers. However, the exact details have not been ruled out. Taiwan Yulon Motor Co., Ltd expresses that it has great confidence for the cooperation with Chinese mainland auto company. The cooperation is a win-win solution to develop both sides of auto industry, especial for Taiwan's auto industry. Currently, Taiwan auto industry is in downturn. It needs more positive power to push it moving forward.

If the cooperation moves smoothly, China automakers may expand the investment and building the automobile research and testing center.

 

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