Pareto Point Industries to License its Automatic Oil Management Technology to Engineered Machined Products
Engineered Machined Products (EMP), a leading developer and producer of engine thermal and oil management systems, has entered into an agreement with Pareto Point Industries (PPI) to exclusively license PPI’s patented oil management system known as APLS (Automatic Pulsed Lubrication System). Pareto Point Industries engages in the research and development of engine thermal and oil management and advanced filtration systems.
Denso’s Thai Unit Aims to Raise Quality, Lower Costs
Autoparts maker Denso Corp.’s Thai unit will work to improve quality while lowering the cost of its products, President Shinji Takeuchi of Denso (Thailand) Co. told The Nihon Keizai Shimbun daily newspaper. The launch of Toyota Motor Corp.’s Innovative International Multi-purpose Vehicle project, in which it produces common automobile models overseas and exports them around the world, is expected to have an impact on the way autoparts makers operate in Southeast Asia.
Ford, Magna Face Multi-Million-Dollar Class-Action Suit Over Door Latches
Up to 400,000 Canadians might be driving Ford vehicles with faulty door latches that could lead to serious injury or death, according to a class-action lawsuit commenced Tuesday against Ford Motor Co., Magna International and several of its subsidiaries.