BRIEF-Nexteer Automotive says unit formed joint venture with Dongfeng Components

April 10 (Reuters) - Nexteer Automotive Group Ltd:

* On 2 March 2017, Nexteer China Holding entered into JV

agreement with Dongfeng Components

* JV co shall have initial registered capital of RMB150

million & shall be contributed equally by Nexteer China and

Dongfeng Components

* JV company will principally engage in developing,

manufacturing, assembling, and sale of electric power steering

Source text: (

Further company coverage: