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GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Eaton, Tenneco to Develop New System

Power management company Eaton and Tenneco announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations.