Pacific Century Motors
|Zhao Guangyi, Chairman|
|Parent||AVIC Automobile Industry Holding|
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.
- Clothier, Mark (Nov 29, 2010). "Pacific Century Motors Says It Plans More U.S. Takeovers After Next Year". Bloomberg.com. Retrieved 21 April 2011.
- Lynch-Morin, Kathryn (July 8, 2010). "New chapter begins today for Saginaw's Nexteer after purchase by Chinese auto-parts maker announced". The Saginaw News. Retrieved 15 April 2011.
- "Nexteer Automotive Inc.:Private Company Information". Business Week.com. Bloomberg. Retrieved 15 April 2011.
- Lynch-Morin, Kathryn (April 12, 2011). "Nexteer's parent acquired: Company says move positions it for growth". The Saginaw News. Retrieved 15 April 2011.
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