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Auto parts biggies to skip Shanghai expo

By Li Fangfang (China Daily)
Updated: 2009-04-03 07:56

Organizers of the forthcoming Shanghai automobile exhibition are confident that the show would evoke good attendance from global automobile companies, even as some of the major parts suppliers have decided to skip the event to cut costs.

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Auto parts biggies to skip Shanghai expo

French tire giant Michelin said yesterday that "Michelin China would not participate in Shanghai auto show this year", as "our company is involved in many other activities and preparing for an important launch".

Some of the other automobile parts suppliers like Delphi, ArvinMeritor and Johnson Controls have also decided not to participate in the Shanghai expo to cut costs.

Automobile firms like Fiat, Renault and Daihatsu are also skipping the event to be held from April 20 to 28.

"It is a cost-saving measure that Fiat is adopting," said the Italian company in a statement.

The full text is available in the April Issue of Auto China.Please visit publications for more subscription details.

(For more biz stories, please visit Industries)

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