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Eaton to Develop Gearing for EVs

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

GM Profit Rebounds in Quarter

General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.

Caterpillar Profit Slips Due to Pandemic

Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.