Toyota Introduces Certified Used Hybrid Program
As the industry’s first dedicated certified pre-owned program for hybrid vehicles, TCUH was designed to drive sales of certified used hybrids while expanding Toyota’s customer base for these types of vehicles.
ArvinMeritor to Sell Emissions Technologies Group
ArvinMeritor has signed a definitive agreement to sell its Emissions Technologies business group to One Equity Partners (OEP), an equity investment firm based in New York. "The decision to sell our Emissions Technologies business is part of our long-term strategy to refocus our company and concentrate on the strengths and core competencies that will generate future earnings growth for ArvinMeritor," said Chairman, CEO and President Charles "Chip" McClure