Production of motor vehicles and parts climbed 2 percent after a rising 5.2 percent a month earlier, today’s report showed. Automaker assemblies rose to an 11.55 million annualized rate in September, the most since June 2006.
Ford Motor Co. (F) earned a $2.3 billion profit in North America in the third quarter and raised its forecasts for pretax profit and operating margin for the full year. The Dearborn, Michigan-based company said last week that its automotive sales rose 12 percent to $33.9 billion. It also earned a rare profit on overseas operations on rising demand for Focus compact cars in China and B-Max vans in Europe.
Eaton Corp., which makes electrical equipment for buildings and hydraulics for machinery, is seeing steady, albeit slow, improvement in the U.S. economy, Chief Executive Officer Sandy Cutler said during an Oct. 25 conference call. The U.S. accounted for about half of Eaton’s revenue in 2012.
TiroGage, a division of Tiro Technologies, LLC was created in 2010 to explore the commercialization of technology developed between 2004 and 2007 by Creative Auto Resources, Inc. to address the problem of tire pressure monitoring on any vehicle. TPMS is becoming one of the most important topics in effective automotive cost management, in many discussions regarding energy and environmental conservation, and in all discussions about vehicle operational safety. With the high cost of fuel, tires, insurance, roadside downtime and repairs, on time efficiency, vehicle costs, carbon pollution concerns and safety, TPMS will remain one of the hottest market segments today. TiroGage provides drivers of many types of vehicle types and sizes better stability, handling, braking, safety and savings TiroGage is assembled to exacting technical and quality specifications in the United States at the headquarters of Wika Instrument LP USA in Lawrenceville, GA.
You can learn more about TiroGage at the annual SEMA SHOW held each November in Las Vegas, Nevada.
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| The Best Tire Pressure Monitoring System |
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