Pacific Century Motors
Encyclopedia
Pacific Century Motors is a Chinese company formed to buy and hold Nexteer Automotive
.
Originally, Pacific Century was a subsidiary of E-town, the Beijing
municipal government's investment company, and Tempo Group, a Chinese car component manufacturer. Nexteer Automotive
was acquired by Pacific Century Motors on November 30, 2010. Pacific Century also announce that they would be making additional acquisition in the next year or so. In March 2011, AVIC Automobile Industry Holding Co., a Chinese state-owned parts manufacturer, purchased a 51 percent interest in Pacific Century Motors.
Nexteer Automotive
Nexteer Automotive is an automotive parts supplier owned by Pacific Century Motors and headquartered in Saginaw, Michigan, United States. Nexteer is a global manufacturer of steering and driveline products....
.
Originally, Pacific Century was a subsidiary of E-town, the Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
municipal government's investment company, and Tempo Group, a Chinese car component manufacturer. Nexteer Automotive
Nexteer Automotive
Nexteer Automotive is an automotive parts supplier owned by Pacific Century Motors and headquartered in Saginaw, Michigan, United States. Nexteer is a global manufacturer of steering and driveline products....
was acquired by Pacific Century Motors on November 30, 2010. Pacific Century also announce that they would be making additional acquisition in the next year or so. In March 2011, AVIC Automobile Industry Holding Co., a Chinese state-owned parts manufacturer, purchased a 51 percent interest in Pacific Century Motors.