Gestamp Signs JV Agreement with Beijing Hainachuan Automotive Parts Co. Ltd
January 25, 2018 at 06:30 am EST
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Gestamp has signed a JV Agreement with Beijing Hainachuan Automotive Parts Co. Ltd. The new alliance improves Gestamp's strategic positioning, in order to support not only Daimler, Hyundai and other non-Chinese brands in the Beijing area, but also BAIC's own vehicle brands in all of China. Outside of Beijing, Tianjin, and Hebei Province, Gestamp will continue to manufacture auto components to all non-BAIC clients outside of the JV.
Gestamp Automocion SA is a Spain-based company primarily engaged in the auto parts manufacture. It focuses on the design, development and production of metal components and structure systems for the automotive industry. The Company's products portfolio includes skin panels and closure parts, structural and body components, chassis, bumpers and dashboard crossbeams, among others. The Company's customers include Volkswagen, Renault-Nissan, PSA, Daimler, General Motors and BMW, among others. The Company is a parent of the Gestamp Automocion Group, a group, which comprises a number of subsidiaries with operations established in North and South America, Europe and Asia. The Company is controlled by Acek Desarrollo y Gestion Industrial SL.
GESTAMP AUTOMOCIÓN, S.A. 
