April 19 Automotive exteriors and fuel systems
group Plastic Omnium said on Wednesday that it aims to
double its revenue in China to 1.3 billion euros in 2021.
The company, which will be exhibiting at the Auto Shanghai
trade show this month, said it aims for market share of 26
percent in bumpers and 16 percent in fuel systems in 2021 in
"At this rate, Plastic Omnium will grow much faster than
Chinese automotive production, which is set to hit the 30
million vehicle mark in 2021, up from 26 million in 2016," the
company said in a statement.
(Reporting by Alan Charlish in Gdynia; Editing by Thyagaraju