Volvo, owned by China's Zhejiang Geely Holding Group Co Ltd, plans to spend $11 billion on developing new products and boosting its manufacturing footprint in the next few years.
Bosch Automotive Diesel Systems Co Ltd recently announced that it will invest 1.6 billion yuan in a new facility in the eastern port city of Qingdao to produce diesel fuel injectors and other products.
The world shortage of natural rubber will deepen this year as the economy improves in China and India, the biggest buyers, and car sales expand, according to the Association of Natural Rubber Producing Countries.
The automotive supplier Lingyun Industrial Group Corp and two other Chinese companies signed an agreement on March 13 to acquire 100 percent of the German car-lock maker Kiekert AG, a step meant to strengthen Lingyun's technology and position it for global growth.
The Australian lithium start-up Galaxy Resources Ltd plans to invest in the production of batteries for electric bicycles in the Chinese market.
Robert Bosch GmbH plans to keep investing in China this year to meet the demands of both automakers and customers in the largest market for vehicles.
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