Pacific Century Motors
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| Founded | November 2010 |
|---|---|
| Founder | E-town Tempo Group |
Key people | Zhao Guangyi, Chairman[1] |
| Parent | AVIC Automobile Industry Holding |
| Subsidiaries | Nexteer Automotive |
Pacific Century Motors is a Chinese company formed to buy and hold Nexteer Automotive.
Originally, Pacific Century was a subsidiary of E-town, the Beijing municipal government's investment company, and Tempo Group, a Chinese car component manufacturer.[2] Nexteer Automotive was acquired by Pacific Century Motors on November 30, 2010.[3] Pacific Century also announce that they would be making additional acquisition in the next year or so.[1] In March 2011, AVIC Automobile Industry Holding Co., a Chinese state-owned parts manufacturer, purchased a 51 percent interest in Pacific Century Motors.[4]
