Bohai Trimet made gearboxes and body parts for VW
Several automotive suppliers based in Saxony-Anhalt have been forced to file for bankruptcy in the past six months, including Boruszew Kunststofftechnik and Schlote.
Bohai Trimet is owned by Bohai Automotive Systems that's parent company is Shandong Binzhou Bohai Piston Co. Ltd. Chinese company have problems with adapting to the changing European market.
Thank you Shas!
They did not mention that Bohai Trimet is owned by Bohai Automotive Systems that's parent company is Shandong Binzhou Bohai Piston Co. Ltd. Chinese company have problems with adapting to the changing European market.
ReplyDeleteWhoa... no, they did NOT mention that, no one drills into the ownership of companies to determine who the owners are, especially now when so many companies have been bought, sold, merged, and conglomerated. THANK you! I'll add that info to the post!
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