Tag: steering

HL Mando forms power steering JV

South Korean automotive components manufacturer HL Mando has launched a new venture with China’s Tianrun Industrial Technology to make commercial vehicle components. According to local reports, the two companies have established a new joint venture in China, Tianrun Mando, producing electric power steering for commercial vehicles. Tianrun was understood to have invested CNY60m (US$8.3m) for […]