Nexteer Automotive names Laurent Bresson as new COO
Saginaw, Mich.-based Nexteer Automotive has appointed Laurent Bresson as its new chief operating officer, effective immediately, according to the company’s May 10 statement. Prior to his... Read more
General Motors selling its steering business
General Motors Co. has been rumored to be negotiating the sale of its steering business for at least the past four months to a Chinese buyer but now, the carmaker acknowledges that it is... Read more
Report: Workers at GM’s Nexteer unit approve new concessions
The sale of General Motors Co.'s Nexteer Automotive steering plant will now proceed as wage and other concessions were approved by its workers at the Saginaw, Mich. plant. Earlier, the... Read more
GM reaches agreement with Pacific Century Motors to sell Nexteer Automotive
General Motors and Pacific Century Motors (PCM), announced that they reached an agreement for GM to sell GM Global Steering Holdings a.k.a. Nexteer, to PCM. For those who don't know,... Read more
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