ARVINMERITOR Inc, the world's leading auto parts maker, is targeting a sales revenue of US$1.6 billion from the Asia Pacific market within five years, said Rakesh Sachdev, the newly appointed president of ArvinMeritor Asia Pacific Region yesterday.
Along with the sales increase, it also aims to boost its sourcing from the Asia Pacific markets from US$500 million last year to US$1 billion during the same period.