Knorr-Bremse Commercial Vehicle Systems is substantially expanding its commitment to China: On July 25, 2014, Knorr-Bremse Asia Pacific (Holding) Ltd. in Hong Kong and the Chinese company Dongfeng Electronic & Technology Co., Ltd. (DETC) signed an agreement governing the formation of the joint venture company “Knorr-Bremse DETC Commercial Vehicle Braking Technology Co., Ltd.”. The new company, in which Knorr-Bremse holds[Read More…]