Reuters, Shanghai, July 11, 2011 Aziz Aghili, president of Dana Holdings (DAN.N: Quotes) Asia Pacific, a US auto parts maker, reports that China is the world's largest auto market and local automotive production and demand will boost its business in China. Substantial growth. Aziz Aghili said in an exclusive interview with Reuters, “We are preparing to implement some strategies and business growth will be explosive. We expect to see significant growth in the coming years.â€
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Dana is looking to build more partnerships in China and step up the hiring of engineers. The company is an axle, driveshaft and transmission supplier.
Dana Asia Pacific President expects Chinese business to show explosive growth in the near future