Valeo SA signs a contract to supply PSA Peugeot Citroen with its StARS start-stop, micro-hybrid technology for use on more than 1 million PSA vehicles by 2011. StARS shuts off a vehicle’s engine at a stop and restarts it when the throttle is depressed, resulting in fuel savings and emissions reductions of up to 15% in urban cycles, the supplier says. Korea’s Iljin Bearing Co. Ltd. opens a second plant in Tianjin, China, that will supply wheel bearings to Shanghai General Motors Co. Ltd., ...
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