Automotive OEMs

Tokyo, June 26, 2008 — Mitsubishi Motors Corporation (MMC) today signed a technology licensing agreement with its powertrain JV enterprise in China Harbin Dongan Automotive Engine Manufacturing Co., Ltd. (DAE) covering production of 4- and 5-speed automatic transmissions.

DAE began construction work on a new factory in March this year with a view to commence production in April 2010. Plans call for the new facility to have an annual production capacity of 150,000 units and to produce 50,000 units in its first year of operation. Production capacity will be raised to meet future increases in demand.

Brake Boost

LIVONIA, Mich., June 24 /PRNewswire - FirstCall/ -- Kelsey-Hayes Company, a subsidiary of TRW Automotive Holdings Corp. (NYSE: TRW), has developed a modular multi-piston pump electronic stability control (ESC) system with enhanced performance to rapidly build brake pressure independent of vacuum boost from the engine.

TRW's Modular Multi-Piston Pump Electronic Stability Control

Traditional brake systems rely on a vacuum booster that is assisted by vacuum from the internal combustion engine. But with the rapid growth of direct injection engine technologies, engine vacuum levels are trending lower.

June 2008 -- The new dual clutch transmission is presented for the first time to approximately 900 engineers and press representatives at the VDI 'Transmissions in Vehicles' Event in Friedrichshafen. The 7DT sports transmission is particularly suited for applications with high engine speed requirements. Gear changes without traction interruption allow for very good acceleration and vehicle handling with low fuel consumption. The transmission was developed in Kressbronn, Brandenburg, and Schweinfurt; it is produced at the Brandenburg site of ZF's Car Driveline Technology division.

Hydraulic brake systems: the essence of rapid and safe braking

Frankfurt am Main / Rheinböllen, Germany, June 19, 2008 -- Continental, the international automotive supplier, today celebrated the production of the world's 500 millionth floating caliper at its Rheinböllen site.

World's 500 millionth floating caliper with special coating

Stuttgart, Germany, June 2008 -- Last year in September, at the International Motor Show (IAA) Cars in Frankfurt, Behr GmbH & Co. KG, systems partner to the international automobile industry, showcased another world first: the comfort vent. This innovation provides for the very first time draft-free and individually adjustable airflow through the vehicle cabin, without taking up any additional space.

Last year in September, at the International Motor Show (IAA) Cars in Frankfurt, Behr GmbH & Co. KG, systems partner to the international automobile industry, showcased another world first: the comfort vent. This innovation provides for the very first time draft-free and individually adjustable airflow through the vehicle cabin, without taking up any additional space.

ALFDORF, Germany, June 17, 2008 -- A subsidiary of TRW Automotive Holdings Corp. (NYSE: TRW), TRW Automotive GmbH, today unveiled a new head protection system for convertible vehicles. It is the first system located in the seat mount rather than the door trim - designed to offer head protection for the unique characteristics of convertibles. The development furthers TRW's strategy of innovation to help vehicle manufacturers provide intelligent safety solutions for consumers.

The system combines a thorax or pelvic-thorax module together with a head restraint module located in the upper seat-back. It is due to be launched with a major European vehicle manufacturer during the first half of this year.

Joint venture planned to start in September 2008 with company to be headquartered in Korea

Stuttgart, June 16, 2008 – Robert Bosch GmbH and the Korean company Samsung SDI Co. Ltd. have decided to set up a joint venture to develop, manufacture, and sell lithium-ion batteries. It is planned that the joint venture, which is to be named "SB LiMotive Co. Ltd." and to be headquartered in Korea, will start operations in September 2008. The shareholding of Robert Bosch GmbH will be 50 percent and that of Samsung SDI Co. Ltd. 50 percent – both companies will be equally represented on the board of management and on the board of directors. The foundation of the joint venture is still subject to approval by antitrust authorities.

TROY, Mich., June 18, 2008 — ArvinMeritor, Inc. (NYSE: ARM) announced today that it received the 2008 Corporate ‘Closing the Gap’ Award from New Detroit, a coalition of local community, business and labor leaders.

ArvinMeritor was honored for its economic and philanthropic support of the Southwestern/Fort Street community; specifically, Detroit’s Southwestern High School. The company has contributed to the construction of new facilities at the high school such as a new football field and all-weather track, as well as a renovation of the performing arts theater; created cooperative education programs; and funded scholarship and internship programs with Kettering University for Southwestern High School students.

PITTSBURGH, June 19, 2008 – PPG Industries (NYSE: PPG) has presented eight Excellent Supplier Awards for superior performance in 2007.

Award criteria included product quality, delivery, documentation, innovation, responsiveness, continuous improvement and participation in PPG’s Supplier Added Value Effort ($AVE) program.

Kathleen McGuire, PPG vice president, purchasing and distribution, praised the performance of the award-winning suppliers. “Their products, services, reliability, innovation and overall value in 2007 were outstanding,” she said. “We consider them invaluable business partners who provide a significant competitive advantage to PPG.”

On an annual basis, PPG purchases nearly $7 billion in materials and services from thousands of suppliers.

Ford Motor Company purchased a record $4.2 billion in products and services from its minority suppliers in 2007

DEARBORN, Mich., June 2, 2008 – Ford Motor Company North America set a new record in purchasing spend from minority- and women-owned business enterprises (MWBE) in 2007. Ford purchased a record $4.2 billion in goods and services from tier one minority-owned suppliers and broke through the billion-dollar barrier by spending $1.2 billion with tier one women-owned suppliers.

Highlights:
* Purchases from women-owned suppliers broke the billion dollar barrier with a record $1.2 billion in 2007.
* Combined tier one spend with minority and women suppliers totaled $2.1 billion.

Board of Management members present Volkswagen Group Award 2008 on Ibiza

Wolfsburg / Ibiza, 25 May 2008 - The “Volkswagen Group Award 2008” was presented to the Volkswagen Group’s top suppliers on the Spanish island of Ibiza yesterday evening. Prof. Martin Winterkorn, Chairman of the Board of Management of Volkswagen Aktiengesellschaft, and Francisco J. Garcia Sanz, Member of the Board of Management of Volkswagen Aktiengesellschaft with responsibility for ‘Procurement’, presented a total of 15 international winners with their awards for outstanding achievement.

Chassis & Safety Division is investing in the Budapest plant and recruited 150 new employees

Frankfurt am Main, Germany / Budapest, Hungary, May 19, 2008 -- The international automotive supplier Continental invested approximately EUR 24 million in the Budapest plant in 2007 and intends to increase this amount in 2008. The largest investment project planned for 2008 was the construction of the new Electronic Braking Systems (EBS) production hall and the installation of additional production lines.

Regensburg, May 20, 2008 -- Despite a certain degree of market saturation in North America, Western Europe and Japan, the worldwide car production will continue to increase – from 63 million in 2005 to a forecasted 74 million in 2013. The four major emerging countries Brazil, China, India and Russia will increase their share of the global car production from 14% at present to 20% in 2013.

Continental Body Control Unit "Basic Function Controller": With the Basic Function Controller (BFC), Continental has developed a new central body control unit for the low-cost car segment.

Highlights:
- The consistently function-oriented design guarantees high flexibility at a very low price.

AUBURN HILLS, Mich., May 16, 2008 -- Bishop Steering Technology's variable ratio rack and pinion steering, new to the 92nd Indianapolis 500 race, wins the BorgWarner Louis Schwitzer Award for most exceptional racing technology advancement.

Engineers Andrew Heathershaw, Soungjin Wou and Nick Belonogoff of Bishop Steering Technology and Andrea Toso from Dallara Chassis will be honored with the 42nd annual BorgWarner Louis Schwitzer Award for their work in the development and implementation of this technology for the IndyCar(R) Series.

The variable ratio rack and pinion steering technology developed by Bishop, whose North American facility is located in Indianapolis, IN, offers a number of driver performance benefits:

-- Reduces driver fatigue through improved ease in steering

Lake Forest, Illinois, May 6, 2008 – Tenneco Inc. (NYSE:TEN) announced at its annual meeting today that its shareholders re-elected Charles W. Cramb, Dennis J. Letham, Frank E. Macher, Roger B. Porter, David B. Price, Jr., Gregg M. Sherrill, Paul T. Stecko, Mitsunobu Takeuchi and Jane L. Warner to the company’s board of directors.

The directors have been re-elected to serve a term expiring at the 2009 annual meeting of stockholders. Stockholders also ratified the appointment of Deloitte & Touche LLP as independent public accountants for 2008.

First-time volume production of hybrid modules in Europe

May 2008 -- On May 07, 2008, ZF's CEO Hans-Georg Härter and the Federal Minister of Economics and Technology, Michael Glos, officially inaugurated Germany's first production location for the industrial production of hybrid drive modules. Currently, release samples are being produced in a new production hall at the ZF Sachs location in Schweinfurt.

ZF Hybrid Drive Module: Pioneer: Europe-wide, ZF is the first supplier to produce hybrid modules in volume production. The electric motors developed for use in the driveline feature a capacity of 10 to 100kW, depending on the application and customer request. (Photo: ZF)

Highlights:

LIVONIA, Mich., May 5, 2008 -- TRW Automotive Holdings Corp. (NYSE: TRW), through its TRW Polska Sp. z o.o. manufacturing facility in Czestochowa, Poland, has earned a prestigious Ford Motor Company World Excellence Award for exemplary performance in the supply of airbags in 2007.

"We thank Ford Motor Company for this recognition and are working hard again in 2008 to exceed expectations," said president and chief executive officer John Plant. "This is a true testimony to our plant in Poland that has now earned this award for a second consecutive year."

STUTTGART, Germany, May 7, 2008 – ArvinMeritor, Inc. (NYSE: ARM) today announced a significant investment made in the technical capabilities of its Vehicle Dynamics Technology Center (VDTC) located in Troy, Mich., United States, to better serve OEMs throughout the world. The VDTC serves the company’s Light Vehicle Systems (LVS) business group as its global center for excellence for vehicle chassis systems. Today’s announcement was made from the company’s display booth in Stuttgart, Germany at the 2008 Vehicle Dynamics Expo.

SHANGHAI, China, May 7, 2008 — Yanfeng Visteon Automotive Electronics Co. Ltd. (YFVES), a joint venture between Visteon Corporation and Yanfeng Visteon Trim Systems Co., Ltd., recently received Shanghai General Motors’ (SGM) Supplier Quality Excellence Award. The coveted award recognizes YFVES‘ outstanding achievements in 2007.

The Supplier Quality Excellence Award was established by SGM as a way to recognize the suppliers’ performance in helping SGM maintain its excellent reputation in delivering high quality vehicles. As an industry leader, SGM has set high standards in developing its supplier base for SGM and General Motors globally.

AURORA, ONTARIO, Canada, May 5, 2008 – Cosma International and Decoma International, two operating units of Magna International Inc., have received the General Motors 2007 Supplier of the Year award for their significant contributions to GM’s global product and performance achievements. The 16th annual awards – themed the “Best of the Best” -- were given during ceremonies Saturday, April 26, at the Sawgrass Marriott Hotel in Jacksonville, Fla.

“We are proud to honor both Cosma and Decoma as Supplier of the Year winners in 2007,” said Bo Andersson, GM group vice president, Global Purchasing and Supply Chain. “These divisions received this honor for their outstanding performance and making a significant contribution to the manufacturing of our world-class vehicles.”