Market Overview

China Zenix Auto International Selected as Exclusive Wheel Producer to Chery-CIMC Truck JV

China Zenix Auto International Limited (NYSE: ZX) today announced that it has been selected as its exclusive wheel producer by C&C Trucks Co., Ltd. a joint venture between Chery Automobile Co., Ltd and China International Marine Containers (Group) Ltd..

C&C is a relatively new entrant into the commercial vehicle market producing heavy-duty road tractors, tippers and mixers, among other truck models. The wheels will be delivered to the C&C Truck Plant at the Sanshan Economic Development Zone in Wuhu, Tang Gang. The truck plant has a current capacity of 30,000 vehicles annually with plans for expansion in the future.

Posted-In: News Contracts

 

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