Powertrains

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.

Paris, Tokyo, June 17, 2008— PSA Peugeot Citroen and Mitsubishi Motors Corporation (MMC) announced today that both companies agreed to start a feasibility study on an extended technical collaboration in the field of electric powertrains.

This project, which will run over several months, relates to the development, the manufacture and the use of an electric powertrain for small urban vehicles.

To step up the viability of electric vehicle projects and accelerate market introduction, the companies agreed that cooperation on electric vehicle development and production would be mutually beneficial.

This new agreement reinforces the bonds between the two manufacturers who, a week ago, laid the first stone of their joint Russian factory, in Kaluga (180 km south west of Moscow)

Regensburg/Hanover, March 27, 2008 -- Continental AG, Hanover, is restructuring its Power­train Division, which specializes in cutting-edge drive system technology. "We offer a broad range of products and we are convinced that they hold significant market potential that we will be able to fully exploit in the near future", explained Dr. Karl-Thomas Neumann, a member of Continental's Executive Board. "But to achieve this we have to ensure that we are properly structured. We will undertake a global restructuring program with the aim of optimizing pro­duction within a period of around two years and achieving a much better balance between high-cost and low-cost locations."

Highlights:
* Dr. Karl-Thomas Neumann assumes responsibility for Powertrain Division

Powertrain's objective is to reduce emissions and enhance comfort and driving pleasure

Regensburg, Jan. 17, 2008. Dieter Rogge is the head of Continental's new Powertrain Division which employs around 27,000 people. With more than 60 sites throughout the world, the Division is one of the three new automotive divisions within Continental, the international automotive supplier. Powertrain brings together innovative and efficient system solutions affecting every aspect of a vehicle's drive train and is divided into the following business units: Gasoline Systems, Diesel Systems, Electronics, Transmission, Sensors, Hybrid Electric Vehicle, Turbochargers and Actuators, Motor Drives & Fuel Supply.

2007-10-18, BALTIMORE – General Motors Corp. announced today the production of its one-millionth Allison A1000 transmission at its Baltimore transmission plant. The transmission is a key component of the powertrain for GM’s award-winning Chevrolet Silverado and GMC Sierra pickup trucks.

GM Powertrain’s Baltimore transmission plant was built in 2000, and produced its first transmission on December 5 that year. The A1000-series transmission was first introduced in the 2001 model Chevrolet Silverado and GMC Sierra heavy-duty pickups and since then, customer enthusiasm for the transmission has been outstanding. In fact, the A1000-series transmission provides segment-leading torque output of 660-lb ft.

Continental is building its first production facility in Costa Rica with the aim of expanding its position in this growth market and getting closer to its customers

2007-10-11, PONTIAC, Mich. - Transmission engineers at General Motors Corp. have given new meaning to the term "overdrive." By using high-tech computerized tools, they launched nine new fuel-saving six-speed transmission models - the industry's largest lineup - in just four short years. Furthermore, their use of this technology has shaved as much as six months and $15 million from the typical transmission development process.

Hydra-Matic 2008 6L80 (MYC) Six Speed RWD Automatic Transmission

Ford Becomes Inaugural Sustaining Member of MIT Energy Initiative

DEARBORN, Mich., Oct. 1 – Ford Motor Company and MIT today announce a major new energy research partnership that will focus on new powertrain, fuel and energy technologies to deliver sustainable transportation for consumers.

“Energy related issues pose some of society’s greatest challenges,” said Sue Cischke, Ford’s senior vice president – Sustainability, Environment and Safety Engineering. “We are delighted to work with MIT toward sustainable solutions.”