Just in time for the '02 model year, Continental Teves Inc. forms a joint venture with retired Detroit Pistons basketball star Vinnie Johnson to assemble brake corner modules for General Motors Corp. luxury cars. The joint venture, Piston Modules LLC, will supply 150,000 rear corner modules for GM vehicles in the first year, beginning this fall. The component package will include steering knuckle, wheel bearing, hub, brake disc and caliper, anti-lock brake sensor, wiring and covers. ...
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