Spanish car-part supplier Gestamp eyes added China capacity as peers back off

Quick Summary:

We could be a very active player,’ executive chairman says at Shanghai Auto Show.

Mera’s stance represents a rare strategy among foreign carmakers and component suppliers, as they lose ground to home-grown rivals while falling victim to a brutal price war.“We want to invest more, grow more, and also develop more strong relationships with Chinese car assemblers,” Mera said.“We want not only to be their partners here in China, but also their partners when they open plants abroad.

We are open to any kind of cooperation here.

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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets: Hong KongChina

Topics: “we Gestamp Mera Market China’s Automotive World’s Company Assemblers Plants Open

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-27 @ 15:30:53 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 47 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28225322

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