Lumax Buys Majority of IAC India Business

Tier-1 automotive systems and components supplier Lumax Auto Technologies has signed an agreement to acquire a majority stake in IAC International Automotive India from the International Automotive Components (IAC) Group. IAC is a global supplier of powertrain-agnostic automotive interior and exterior systems and components, including instrument panels, cockpits and consoles, door and trim systems, headliner…
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