11-05-2007

Fiat's auto parts unit Magneti Marelli expects to quadruple its China sales by 2010, aided by robust demand from the country's home-grown vehicle makers as they expand at home and abroad, its China chief said yesterday. While mature auto markets such as Europe and North America stagnate, China has become a hot spot, attracting Volkswagen AG, General Motors and parts suppliers such as Robert Bosch GmbH.

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