Visteon to supply Ford with digital radio systems
DETROIT - Visteon Corp. of Dearborn, Mich., was awarded a contract to supply Ford Motor Co. with Mach satellite digital radio systems for a future vehicle.
The name of the vehicle and terms of the deal were undisclosed.
Visteon has partnered with Sirius Satellite Radio Inc. of New York, which will broadcast digital radio programming to vehicles.
Sirius prepares for launch
NEW YORK - Satellite radio broadcaster Sirius Satellite Radio Inc. completed the in-orbit testing of its third satellite launched in November. The test showed the satellite performed to specification.
The New York company is scheduled to begin broadcasting its audio entertainment service this month.
Westport to work with Isuzu
VANCOUVER, British Columbia - Westport Innovations Inc. of Vancouver, British Columbia, will create an efficient, low-emissions natural gas fuel system for Isuzu Motors Ltd.'s light-duty diesel engine.
Westport will design a fuel injector, natural gas fuel supply system and electronic engine control system for the engine.
The companies' technology agreement will last until June 2002.
IBM, N.C. State form lab
RALEIGH, N.C. - IBM and North Carolina State University have partnered to establish a vehicle research and design laboratory.
The lab, which is located on N.C. State's campus in Raleigh, N.C., will focus on the reduction of driver distraction, the development of new technology and the design integration of in-vehicle features such as entertainment and navigation systems.
Actuant wins convertible deal
MILWAUKEE - Actuant Corp.'s Power-Packer division has won the convertible top actuation system business for the Volkswagen New Beetle convertible. The Milwaukee company did not disclose the program's value, length or volume.
The New Beetle convertible, however, will expand the global convertible market by at least 5 percent, Actuant CEO Robert Arzbaecher said.
The New Beetle convertible will be produced in Mexico by Volkswagen and Karmann GmbH.
SaarGummi opens Mexican plant
DETROIT - German supplier SaarGummi opened a manufacturing plant in Guadalajara, Mexico.
This plant will produce the removable, encapsulated glass panels for the Chevrolet Avalanche, which will be manufactured at General Motors' plant in Silao, Mexico.
This is SaarGummi's first plant in Mexico.
Visteon acquires LTD
DETROIT - Visteon Corp. of Dearborn, Mich., acquired LTD Parts Inc., a Sparta, Tenn., remanufacturer of starters and alternators.
Visteon did not disclose the acquisition cost.
Autoliv issues earnings estimate
STOCKHOLM - Swedish safety system supplier Autoliv Inc. expects its 2000 and 2001 earnings per share to be between $1.65 and $1.75.
This is lower than current average market estimates and 1999 earnings per share of $1.95.
Autoliv cites decreases in European and North American light-vehicle production and higher than anticipated raw material costs as contributing factors.
Despite predictions that global light-vehicle production in the first six months of this year will be lower than the same period in 1999, the supplier said it plans to increase its investments in research and development.
Motorola, Zytek sign agreement
NORTHBROOK, Ill. - The Automotive and Industrial Electronics Group of Motorola Inc. signed an alliance agreement with Zytek Group to develop electronic control systems for engines and powertrains.
The Automotive and Industrial Electronics Group also will make an equity investment in the Zytek Group. The amount of this investment was undisclosed.
The alliance forms a new department, Motorola Zytek Technologies, which will be located near Zytek's U.K. headquarters.
Exide to invest in plant
PRINCETON, N.J. - Exide Technologies plans to invest $21 million to reopen and upgrade its Maple, Ontario, manufacturing plant to produce industrial batteries.
The plant, which used to produce automotive batteries, was shut down in November 1999.
Exide anticipates that the plant will reach full production levels by Oct. 1.
Unigraphics wins contract
ST. LOUIS - Unigraphics Solutions Inc. of St. Louis signed a three-year contract to supply Jaguar Racing with three of its software products.
The software will assist the United Kingdom-based racing organization in the design and manufacture of its race cars. Terms of the deal were undisclosed.
Sommer-Allibert deal OK'd
PARIS - The European Commission on Dec. 20, 2000, approved Faurecia's acquisition of Sommer-Allibert SA, a cockpit, trim and carpeting supplier.
Faurecia of Boulogne, France, is a supplier of seats, cockpits, door panels and exhaust systems.
Bosch orders Moldflow software
WAYLAND, Mass. -Robert Bosch GmbH ordered more than $100,000 in Moldflow Corp.'s software packages for its plant in Waiblingen, Germany, that makes automotive connectors.
The software will allow Bosch to monitor the plant's production equipment and troubleshoot problems such as warpage or shrinkage before production begins.
Wayland, Mass.-based Moldflow shipped the software in the second quarter of its 2001 fiscal year that began July 1, 2000.