Federal-Mogul posts higher Q2 profit despite aftermarket, currency setbacks

Diversified supplier Federal-Mogul posted a $31 million profit in the second quarter, up 41 percent from the year-earlier period, driven by a gain in its powertrain unit.

Ferrari, Altair Product Design team up for next-gen vehicle platform

Ferrari is teaming up with longtime design, engineering and software partner Altair Product Design to create the company’s next-generation

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