Rane (Madras) provides business update

Capital Market 

LoI from Nexteer gets cancelled

has received an official communication from Nexteer cancelling the LOI, due to their customer, General Motor having sold their Opel Brand to PSA in Europe.

The order was for manufacture and supply of steering gears for Passenger Vehicles from Nexteer Automotive Poland Sp.z.o.o.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Rane (Madras) provides business update

LoI from Nexteer gets cancelled

LoI from Nexteer gets cancelled

has received an official communication from Nexteer cancelling the LOI, due to their customer, General Motor having sold their Opel Brand to PSA in Europe.

The order was for manufacture and supply of steering gears for Passenger Vehicles from Nexteer Automotive Poland Sp.z.o.o.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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