Delphi Corp. is awarded two new electric power steering (EPS) contracts with a North American auto maker worth more than $400 million over the life of the contract. EPS eliminates the traditional power steering pump, hoses and hydraulic fluids and helps drivers save up to 4% in fuel economy while offering better handling, Delphi says. The supplier has produced more than 3.5 million EPS systems since 1999, and the technology currently is featured on five European and three North American ...

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