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Thursday, June 6, 2013

Harman Considers Third Factory in China Amid Europe Auto Slump

... its reliance on Europe, where the auto market is contracting for a sixth consecutive year to a two-decade low. The Stamford, Connecticut-based company is targeting to get 25 percent of its worldwide revenue from China by 2018, up from 10 percent ...

http://washpost.bloomberg.com/Story?docId=1376-MNNV0P6TTE1Z01-49PETVT5CIHDA79TJ3CVV4SOI3

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