City of Industry, CA --(www.USEquityNews.com)-- 11/08/2007 - Automotive Technology industry alert provided by U.S. Equity News. Automotive supplier ArvinMeritor Inc. (NYSE: ARM) said recently it plans to close its commercial vehicle systems axle plant in Arden, N.C. by next September, as part of a previously announced restructuring plan. The closure will affect 56 employees, who will be transferred to a plant in Fletcher, N.C., the company said. The plant's operations will be relocated to the company's Forest City, N.C. facility and to a new plant in Monterrey, Mexico, beginning in February.

TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety systems, is launching its Slip Control Boost (SCB) advanced regenerative-compatible braking system to provide full Stabilitrak functionality for the new Chevrolet Tahoe and GMC Yukon hybrid sport utility vehicle. SCB is being supplied through TRW's Kelsey-Hayes subsidiary. The SCB system incorporates high performance stability control and brake actuation within a 12-volt system architecture and is an integral part of the hybrid Tahoe's regenerative braking system.

Shares of Tenneco Inc. (NYSE: TEN) surged recently on an analyst's prediction the auto supplier is poised to benefit from its exposure to growing demand for diesel and emissions products. Tenneco shares rose $3.34, or 11.2 percent, to close at $33.23. Over the past 52 weeks, Tenneco shares have traded between $21.93 and $37.73.

PTA Holdings, Inc. (OTC: PTAH) recently announced that it executed a Letter Of Intent with US Boron, LLC ("USB"), a major chemical lubricant manufacturer that supplies specialty lubricants to heavy industry and manufacturing, to form a Joint Venture to develop and market Mileage Enhancement Modification Packages for internal combustion engines. The Joint Venture will be called Mileage Management Corp. ("MMC") and PTA will license its proprietary V-Flow Fuel Maximizer for use in this package. For the full StocksJournal CFA report, please visit, http://www.stocksjournal.com

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