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December 12, 2002 01:00 AM

SmarTire and Visteon sign pact for monitoring systems

Tire Business Staff
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    RICHMOND, British Columbia (Dec. 12, 2002)—In anticipation of coming tire monitoring requirements under the TREAD Act, SmarTire Systems Inc. and Tier 1 supplier Visteon Corp. finalized a partnership to supply tire monitoring systems to auto makers.

    Under the agreement, Visteon will have manufacturing rights to some SmarTire products that will be presented to auto makers to comply with TREAD Act regulations starting in late 2003. The companies also will jointly look into other possibilities, such as the commercial vehicle market, Richmond-based SmarTire said. The two had been working together since May under a memorandum of understanding.

    “This relationship with Visteon opens the door for SmarTire to the original equipment marketplace,” said SmarTire President and CEO Robert Rudman.

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    • News
      • OPINION
      • BUSINESS/FINANCIAL
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      • Humanitarian Award
      • RETAIL TIRES
      • SERVICE ZONE
      • TIRE MAKERS
      • Best Places to Work
      • RUSSIA WAR IN UKRAINE
    • Aligning with ADAS
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      • DATA STORE
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      • SEMA LIVESTREAMS
    • Resources
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
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