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BRIEF-Nexteer Automotive says unit formed joint venture with Dongfeng Components
April 10, 2017 / 10:34 AM / 6 months ago

BRIEF-Nexteer Automotive says unit formed joint venture with Dongfeng Components

April 10 (Reuters) - Nexteer Automotive Group Ltd:

* On 2 March 2017, Nexteer China Holding entered into JV agreement with Dongfeng Components

* JV co shall have initial registered capital of RMB150 million & shall be contributed equally by Nexteer China and Dongfeng Components

* JV company will principally engage in developing, manufacturing, assembling, and sale of electric power steering Source text: (bit.ly/2opyUGl) Further company coverage:

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