--(www.USEquityNews.com)-- 12/11/2007 - Automotive Technology industry alert provided by U.S. Equity News. China Automotive Systems, Inc. (NASDAQ: CAAS), a leading power steering components and systems supplier in China, recently announced it has entered into its first aftermarket supply contract in the United States with R&B, a major aftermarket supplier. With this agreement and the first shipment of power steering products, China Automotive Systems has officially entered the U.S. auto parts aftermarket. R&B conducted a strict selection process in China before entering into the agreement with China Automotive Systems.
Titan International Inc. (NYSE: TWI) announced a regular quarterly dividend of 0.5 cents per share. The holding company said the dividend is payable Jan. 15 to shareholders of record as of Dec. 31. Titan International, Inc. and its subsidiaries manufacturer wheels, tires, and assemblies for off-highway vehicles used in the agricultural, earthmoving/construction, and consumer markets in the United States.
In a world first for automotive turbocharger products, BorgWarner's (NYSE: BWA) regulated two-stage (R2S(R)) turbocharger technology is combined with variable turbine geometry (VTG(TM)) to help International Engine Group's PowerStroke 6.4-liter V8 diesel engine meet stringent North American emission requirements without compromising increased horsepower and torque. The powerful diesel engine is installed in Ford's F-Series heavy-duty pickup trucks, including the F250, F350, F450 and F550. A first in the American heavy-duty pickup segment, the R2S turbocharging system consists of two turbochargers of different sizes arranged in series.
AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock/small-cap information site, released its latest spotlight company PTA Holdings, Inc. (OTC: PTAH). PTA Holdings, Inc. is a diversified holding company with a core focus in the automotive industry. In April 2007, PTA acquired ProFlow, Inc., headed since its inception by a world class NASCAR Winston Cup winning management team who designed and developed the V-Flow Fuel Maximizer patent-pending technology.
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