Toyoda Gosei invests in Chinese interior component manufacturer

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Toyoda Gosei, via its regional headquarters in China, is investing in Wuhan Binyu Auto Part Company, in a move it says will improve its supply system for interior and exterior automotive parts in central China.

Wuhan Binyu is a production company that forms part of the Yibin Group (Ningbo Yibin Electronic Technology Corp.) that supplies interior and exterior automotive parts in China’s major automobile manufacturing regions (north China, south China, central China). For example, it provides center console boxes and cockpit components to Dongfeng Honda Automobile and Dongfeng Nissan in central China.

With this investment, the Toyoda Gosei Group’s aim is to grow sales in China by merging its expertise as a global supplier of plastic parts with the business partnerships that Ningbo Yibin has built over many years with auto makers in China.

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Lawrence has been covering engineering subjects – with a focus on motorsport technology – since 2007 and has edited and contributed to a variety of international titles. Currently, he is responsible for content across UKI Media & Events' portfolio of websites while also writing for the company's print titles.

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