The company has published a press release (see below) which indicates that it intends to become an ‘extended workbench’. The technology for the components it will deliver to a first-tier car component supplier (Brose) has been developed by this client and ElringKlinger will be the producer in two existing factories (in Hungary and Mexico) and in one new plant (in China). As ElringKlinger has neither developed the technology nor supplies the OEM directly, we believe that this is a
07 Jun 2016
ElringKlinger moves towards mass-volume, low-margin production
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ElringKlinger moves towards mass-volume, low-margin production
ElringKlinger AG (ZIL2:WBO) | 0 0 (-0.7%) | Mkt Cap: 1,074m
- Published:
07 Jun 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The company has published a press release (see below) which indicates that it intends to become an ‘extended workbench’. The technology for the components it will deliver to a first-tier car component supplier (Brose) has been developed by this client and ElringKlinger will be the producer in two existing factories (in Hungary and Mexico) and in one new plant (in China). As ElringKlinger has neither developed the technology nor supplies the OEM directly, we believe that this is a