USA: Continental Teves JV to produce corner modules for GM
Continental Teves and Piston Automotive have announced the formation of Piston Modules, a joint venture to assemble and sequence vehicle modules. It will occupy a 30,000 square foot area of Piston Automotive's Michigan Avenue factory in Detroit. The $US10 million joint venture will assemble brake corner modules for several General Motors luxury car lines though Piston Modules is looking for additional business from other North American vehicle makers.
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