Wei WorldCom said on August 24, intends to invest in China suppliers and Bo Nell in Wuhu automotive electronic systems Ltd (Wuhu Bonaire Auto Electrical Systems Co.Ltd), but did not give details.
Bo Nile is Chery in Wuhu subsidiary, Wei Bo WorldCom investment Wuhu Nell, in order to build a better partnership with Chery. This investment will consolidate its position in the Asian market, last year, Visteon Asia occupies more than their share of the global business 40%. Visteon's management and investors are considering increasing its Korea joint venture Chinese investment in air conditioning.
Beginning in May there were rumours that Visteon will collapse, Visteon make concessions agreed its biggest investor Alden Global Distressed Opportunities Master Fund LP 2 members to its Board, to avoid a proxy battle. Visteon specializing in car interiors, electronics and lighting to its subsidiaries Halla air conditioners and yanfeng Visteon assets even more than the entire company.ADD802 A/C Pocket Digital Thermometer
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