BRUSSELS — The European Commission gives its approval for the automotive lighting joint venture of Robert Bosch Corp. and Magneti Marelli. The merger of the companies' worldwide activities in automotive lighting will create the second-largest lighting supplier, after Valeo SA. The JV will develop all automotive lighting systems including headlights, auxiliary front lamps, rear lamps, auxiliary rear lamps and leveling controls for the main headlight. The companies will rotate chairmanship ...
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