Thursday, January 7, 2010

GM Selling Nexteer

GM announced today that it is planning to sell Nexteer, a supplier of steering and driveline components. Nexteer is based in Saginaw, Michigan where it employs nearly 6,200 workers worldwide. GM makes up nearly half of Nexteer's sales, thought the manufacturer also supplies Ford, Toyota, Chrysler, and others.

-Anthony Alaniz
[Source: Left Lane News]

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