The chairman of Exor John Elkann said the Italian holding group’s commitment to carmaker Fiat Chrysler remained unchanged.Exor is Fiat’s biggest shareholder.
Author: World_Newz Mon
Chinese tyre maker Prinx Chengshan to invest $318 mln in Thai plant
Chinese tyre maker Prinx Chengshan will invest 10.1 billion baht ($318.4 million) in its first overseas plant in Thailand, industrial estate developer WHA Corp Pcl said on Monday.Prinx Chengshan is setting up the plant in an industrial estate run by WHA with an initial workforce of 1,200 and annual production capacity of 4.8 million tyres for passenger cars and trucks.The workforce will exceed 2,000 as capacity grows to its production target of 12 million tyres per year.