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Ford Posts Quarterly Profit

Ford Motor Co. said on Feb. 3 it posted a fourth-quarter profit compared with a year-earlier loss.

Eaton Introduces New Business Unit

Power management company Eaton announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle (EV) transmission, reduction gearing and differential portfolio.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.