Wingcast LLC, a telematics joint venture of Ford Motor Co. and Qualcomm Inc., will be dissolved, with Qualcomm taking a third-quarter write-off of $11 million on its 15% stake in the JV. Ford says it still wants to be involved in telematics, but doesn’t feel it needs to own a telematics service provider to do so. Metaldyne Corp. wins a contract with Ford to design, test, machine and assemble an aluminum front knuckle assembly for the ’03 Mercury Marauder and Grand Marquis, Ford Crown ...
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