GM Asset Sale Brings Technology Transfer To Parts Segment

General Motors Company (GM)'s sale of its Nexteer Automotive steering unit to a Chinese joint venture (JV) is another acquisition geared towards bringing international standard technology to the Chinese auto sector. The fact the deal includes 22 production plants in Asia, Europe, and North and South America also supports BMI's core view for the global expansion of companies in emerging markets (EMs).

To read the full article, please choose one of the following options: