GM and ZF negotiate sales of French transmission plant

December 2012, the world's largest carmaker General Motors, the company is the sale Strasbourg, France (Strasbourg) transmission plant to conduct high-level talks with Belgium and Germany PunchMetalsInternational company ZF Friedrichshafen AG (ZFFriedrichshafenAG).

ZF Transmission Products

General spokesman Stefan Weinmann said on the phone that ZF and Punch will jointly bid, but now they are negotiating for the price and they have not settled yet.

Negotiations have entered an advanced stage and they have signed a long-term contract with General Motors on the production of an 8-speed gearbox . Punch spokesperson MarcMaes said that it is still in business.

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