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Slow Auto Recovery Is Forecast

The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.

Eaton, Tenneco to Develop New System

Power management company Eaton and Tenneco announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations.

Boeing Extends Retirement Age for CEO

Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.