TOYKO (Oct. 22)—Groupe Michelin and TRW Automotive have formed a joint venture to bring advanced tire pressure monitoring systems to markets worldwide, concentrating on direct systems for passenger and light truck models. Based in the U.S. and led by TRW executive Richard Wolfe, EnTire Solutions L.L.C. will offer tire pressure monitoring systems, tools, parts and services to meet the needs of original equipment manufacturers. The venture currently is shipping systems to customers in Canada for introduction to the U.S. market this year, according to the partners.
TRW, Michelin form JV for tire pressure monitoring systems
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