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Nexteer cancels Rane Group Order of steering gears

Rane Group informed that it has received an official communication from Nexteer Automotive Poland Sp.z. for cancellation of Letter of Intent (LOI) for manufacture and supply of steering gears. Nexteer has taken this step as its customer General Motor has sold Opel Brand to PSA in Europe. In July 2016, Rane Madras Lim....

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