DETROIT - Sachs Automotive of America and Piston Automotive have formed a $50 million joint venture that will assemble suspension modules in Detroit. The new company, PASA Modules LLC, will launch production in six to eight months on shock modules for the Ford Expedition and Lincoln Navigator sport-utilities. The business will provide volume of 240,000 units in its first year and revenue of $50 million annually. Other deals are in the works, and executives expect PASA's annual contracts to more than double from the $50 million level within the next six months.
Renault enters Indonesia
TOKYO - Renault SA will re-enter the Indonesian market, selling through …
Комментариев нет:
Отправить комментарий