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Globaltec Enters into Commercial Vehicle Component

Globaltec - CV -components
Globaltec Formation Bhd, through its wholly-owned subsidiary AutoV Corp Sdn Bhd,  entered the commercial vehicle segment by partnering with Blue Breeze Sdn Bhd to establish a joint venture focused on leaf spring assembly and sales.

Globaltec Eyes Commercial Vehicle Components

The new entity, named GFB Hongli Sdn Bhd, will operate as a 50:50 joint venture between AutoV and Blue Breeze, with technical support from China-based Jiangxi Hongli Auto Parts Co Ltd, a specialist in heavy vehicle components.

Leaf springs are essential elements in the suspension systems of heavy commercial vehicles, ...

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