If adversity is the best teacher, the Great Recession should have been a prime learning opportunity for companies worldwide. It certainly was for many companies in the Automotive After-Market industry, small and large, traditional and trend setting.
Electric cars have been in the news recently, with Tesla Motors raising large amounts of money from investors and General Motors banking on the Chevy Volt to renew its prospects for becoming a viable company again. GM is planning to roll out the Chevy Volt next year (OK, the Volt is not an all-electric car, but it can be fairly described as mostly electric), but it is not clear how well it will be embraced by potential buyers.
The Chrysler Group recently announced that their 2007 Chrysler Sebring and the 2008 Dodge Avenger will be equipped with a technologically advanced drive system. The said cars will be outfitted with BorgWarner’s Interactive Torque Management (ITM 3e) system. The technology will enhance the Sebring’s and the Avenger’s stability, performance and fuel efficiency as well. BorgWarner’s ITM 3e system is already being used by the 2007 Chrysler Pacifica and has already made a lot of good impression on the motoring public. The technology that the Sebring and the avenger will employ is only one of the torque management system products of BorgWarner and it is the latest technology developed by the said company.