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According to preliminary estimates, US Light Vehicle (LV) sales grew by 7.9% year-on-year (YoY) in June, to 1.37 million units.
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High mileage vehicles are often considered to be relatively unreliable. However, eBay aims to change this assumption.
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Annual production capacity will be expanded to 350,000 units, with some output shifted from Mexico.
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Micron said it is raising production of key automotive memory products, alongside capacity expansions aimed at supporting lengthy product lifecycles.
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Autoliv said the revised framework is designed to improve resilience and strengthen the competitiveness of both companies in international markets.
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The market continues to be supported by the recent vehicle tax cuts.
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Bloomberg reported that Strnad is negotiating with state-backed Sinochem Holdings Corp. over the purchase of a 14% stake in Pirelli.
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The report said the proposed flotation may value Webasto Roofsystems India at nearly $2bn.
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Electric, seven-seat MPV with fast charge 800V tech and up to 382 miles of range is claimed.
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Calls for tighter rules to ensure automakers do not undermine the purpose of the incentives.
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