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Pacific Century Motors
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 } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ... 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. References Auto parts suppliers of China {{motorvehicle-company-stub ...
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Beijing
} Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 million residents. It has an administrative area of , the third in the country after Guangzhou and Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province with the exception of neighboring Tianjin to the southeast; together, the three divisions form the Jingjinji megalopolis and the national capital region of China. Beijing is a global city and one of the world's leading centres for culture, diplomacy, politics, financ ...
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Tempo Group
Tempo Group is a Chinese auto parts supplier in brakes, shocks, control arms and other automotive chassis parts and components. Its main manufacturing operations are in China. The company has also operated since the late 1990s in North America where it maintains a sales presence and has an equity stake of 24% in the former chassis business of Delphi Automotive. Acquisitions In 2009 it participated in a consortium that included the government of the Fangshan District of Beijing and Shougang Corporation to acquire the bankrupt chassis and brakes business of Delphi Automotive. Later it participated in another consortium with Beijing Etown, E-Town, an economic development agency of Beijing, to acquire Nexteer from General Motors for $450 million. References

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Nexteer Automotive
Nexteer Automotive () is a global leading motion control technology company accelerating mobility to be safe, green and exciting. It is a publicly traded company that is owned about one-third by its shareholders and about two-thirds by Pacific Century Motors, which in turn is 51% owned by AVIC Automotive. Nexteer's global headquarters is in Auburn Hills, Michigan, United States. Nexteer is an automotive supplier delivering electric and hydraulic power steering systems, steer-by-wire systems, steering columns and intermediate shafts, driveline systems and software solutions for original equipment manufacturers (OEMs). The company has 26 manufacturing plants, four technical and software centers and 13 customer service centers located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Changan, Dongfeng Peugeot Citroën Automobile, Ford, General Motors, Maruti Suzuki India, Renault ...
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