RICHMOND, British Columbia (May 15)—SmarTire Systems Inc. and Visteon Corp. have formed an agreement, in principle, to develop and market tire monitoring products for vehicle makers. The two are still working out the details of the non-exclusive pact. "Feedback to SmarTire and Visteon from auto makers indicates the need to offer a range of solutions integrating direct measurement technology with existing automotive modules and electronics systems," the companies said in a written release.
SmarTire, Visteon to co-develop tire pressure monitors
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