Wheel bearings

Proton Recalls Proton Savvy Cars to Address Possible Wheel Bearing Problem

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Shah Alam, 31 March 2008 -- PROTON is recalling its PROTON Savvy cars to address a possible problem.

In line with PROTON's continuing commitment to quality, regular random checks are conducted on PROTON cars as part of its i.Care programme. The results from the most recent inspection brought to attention the possibility of water entry into the rear wheel-bearing which could lead to a malfunction of the affected components.

PROTON's Managing Director Dato' Syed Zainal Abidin Syed Mohamed Tahir said, "The safety and satisfaction of our customers is a primary concern. As a precautionary measure, we are recalling all Savvy's for inspection and repair. We do apologise to all the Savvy owners for any inconvenience".

Delphi Signs Sale Agreement for Wheel Bearings Business

Files Motion to Request Hearings with the Bankruptcy Court

January 17, 2008, TROY, MICH. -- Delphi Corporation (PINKSHEETS: DPHIQ), through its subsidiaries, has entered into an asset sale and purchase agreement with Resilience Capital Partners for the sale of its Wheel Bearings business, company officials announced today. Pursuant to the procedures outlined in the Bankruptcy Code, the company filed a motion with the U.S. Bankruptcy Court for the Southern District of New York to request a bidding procedures hearing on Jan. 25, 2008.

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