Linamar eyes Ford's Mexican power transfer unit

Newswire

TORONTO, April 30 (Reuters) - Linamar Corp. said on Monday it was in talks with Ford Motor Co. to buy the automaker's Converca I Plant power transfer unit in Nuevo Laredo, Mexico. The companies said the transaction is subject to due diligence, negotiation of remaining business terms and approval of mutually satisfactory agreements. No financial terms were disclosed. ($1=$1.11 Canadian)

Premium Content (PAID Subscription Required)

"Linamar eyes Ford's Mexican power transfer unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×