JCI jvs its auto interiors with China's Yanfeng

摘要

Brussels - The European Commission (EC) and Chinese competition authorities have approved the joint venture of the automotive interiors business of Johnson Controls (JCI) by Yanfeng of China. The jv is 70% owned by Yanfeng. Auto interior and exterior product manufacturer Yanfeng makes seating, electronics and safety systems while JCI's interiors business manufactures door panels, instrument panels and floor consoles for major car makers.