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ArvinMeritor sells emissions systems unit to focus on core markets
TROY, Mich. -- Just a few months after boosting its marketshare in the commercial vehicle emissions solutions industry, ArvinMeritor has signed a definitive agreement to sell its Emissions Technologies business group to New York-based equity investment firm One Equity Partners (OEP) for about $310 million.
Delphi creates groundbreaking SCR technology
LUXEMBOURG -- The world's first automotive ammonia sensor has been developed by Delphi Corp. The new technology will allow direct closed-loop control of the SCR (Selective Catalytic Reduction) systems used by an increasing number of diesel vehicles to reduce NOx.