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Continental's subsidiary, Continental Teves, is preparing to cooperate with SABC in Shanghai to produce brake systems for cars.
Eurol will invest 18 million euros in the construction of a joint venture plant.
Continental plans to use this new joint venture to produce braking system components for Volkswagen. With this new joint venture plant, together with a company that already has an electronic brake system for Continental Davis, the company can become a complete brake system supplier in China.
Continental, the German auto parts company, announced that the company has decided to develop auto parts production in China.
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