Hitachi, targeting major auto hub, plans first component plant in Chongqing
Hitachi Automotive Systems will build a plant in the southwest China municipality of Chongqing to supply engine and chassis components to local automakers.
The 300 million yuan ($48 million) factory will open in 2018, the company said. It will be the Japanese parts supplier's first production site in inland China.
Hitachi Automotive Systems maintains 13 production sites all located in eastern and southern China.
Suppliers have been flocking to set up manufacturing operations in Chongqing, a major production hub for several automakers.
The city is home to Chongqing Lifan Industry Group Co., a private manufacturer of cars and motorcycles, and state-owned Changan Automobile Co. and its partnerships with Ford Motor Co. and Suzuki Motor Corp.
SAIC-GM-Wuling Automobile Co., a partnership between SAIC Motor Corp, General Motors and the Liuzhou government in southwest China's Guangxi region, also has an assembly plant there. And this week, Beijing Hyundai Motor Co. broke ground on an assembly plant in Chongqing.
Hyundai's factory is expected to start production in 2017.
Hitachi Automotive Systems maintains 13 production sites all located in eastern and southern China.
Suppliers have been flocking to set up manufacturing operations in Chongqing, a major production hub for several automakers.
The city is home to Chongqing Lifan Industry Group Co., a private manufacturer of cars and motorcycles, and state-owned Changan Automobile Co. and its partnerships with Ford Motor Co. and Suzuki Motor Corp.
SAIC-GM-Wuling Automobile Co., a partnership between SAIC Motor Corp, General Motors and the Liuzhou government in southwest China's Guangxi region, also has an assembly plant there. And this week, Beijing Hyundai Motor Co. broke ground on an assembly plant in Chongqing.
Hyundai's factory is expected to start production in 2017.
