Highlights include:

·         Fourth quarter revenue of $3.9 billion, up 6.8% over Q4 2010; full year revenue of $16.0 billion, up 16.1% over 2010

·         Fourth quarter net income of $290 million compared with $75 million in Q4 2010; full year net income of $1.1 billion, up $514 million from full year 2010

·         Fourth quarter diluted earnings per share of $0.88; full year diluted earnings per share of $2.72

·         Fourth quarter EBITDA of $530 million compared with $223 million in Q4 2010; full year EBITDA of $2.1 billion versus $1.4 billion in 2010

·         Fourth quarter EBITDA margin of 13.6%; full year EBITDA margin of 13.2%

·         Strong earnings growth and cash flow generation in 2011 resulted in full year cash flow from operating activities of $1.4 billion and cash flow before financing of $859 million

·         Board of Directors authorized $300 million share repurchase program

Qatar Ag and Prodrive sign Memorandum of Understanding to establish a strategic partnership in the Carbon Fibre Composite Industry

·         Qatar AG is poised to be a new driving force in the global automotive industry

·         Qatar AG aims to build a cutting-edge hub for the automotive technology of the future in Qatar

·         MoU is first milestone in Qatar AG’s  plans for the development of carbon fibre composite parts to the rest of the world

Metalized and ambient lighting offer interior customization for any vehicle

Wiesbaden, Germany, 19 January, 2012…. Federal-Mogul Corporation (NASDAQ: FDML) is offering a portfolio of innovative automotive interior lighting products that provide automotive designers with improved integration, energy efficiency, ease of packaging and distinctive styling options. Automaker and consumer demand for premium lighting features that enable personalization and enhance vehicle differentiation has grown significantly in recent years.

Leyland, 18 January 2012 – Testing work on the Rotrak variable drive supercharger is underway in Torotrak’s rolling-road test facility. The company’s engineers already have the technology running in a B-segment donor vehicle on a dynamometer and are calibrating the control strategy to prove its driveability, performance, CO2 and fuel economy benefits.

New site in partnership with TecDoc delivers speed, performance and easier navigation,
delivering a full range of car, light commercial and commercial vehicle applications

Warwick, UK — Delphi Automotive (NYSE:  DLPH) announced today the launch of its new online eCatalog parts locator, called WebCat, covering the full range of car, light commercial vehicle and commercial vehicle applications. Developed in conjunction with TecDoc, this easy-to-use website (http://webshop-cs.tecdoc.net/delphi) allows the browser to quickly locate parts with fewer “clicks” of the mouse. With various search options available, including searches by make, model and/or Delphi and competitor part numbers, a full suite of essential information is easily accessible and works with the latest web browsers.

Wiesbaden, Germany, January 13, 2012... Federal-Mogul Corporation (NasDAQ: FDML), a leading global supplier of powertrain technologies, is supplying products for all 10 of Ward's 10 Best Engines for 2012 model year vehicles.  Federal-Mogul has designed and manufactured leading technologies for most of the engines recognized as Ward's "10 Best" during the last 18 years.  This is the second year in a row that Federal-Mogul technologies have been featured on all 10 engines.

Oerlikon Graziano transfers coating and actuation innovations from supercar transmissions to tractors

Rivoli (Torino), 9th January 2011 – High-performance transmission specialist Oerlikon Graziano has used its carbon-faced synchroniser technology to develop an innovative forward-reverse shift actuator that gives agricultural transmissions smoother shuttling control and longer life. Originally developed to give high-performance sports cars very fast gear-shift times, the company is developing carbon synchronisers for a growing number of off-highway transmissions.

Twin motor technology can improve electric vehicle efficiency by up to 15 percent

Torino – Italy, 9 January 2011 – High-performance transmission specialist Oerlikon Graziano has revealed further technical details of its revolutionary multi-speed transmission for electric vehicles (EVs). The innovative transmission uses the principles of dual clutch transmissions (DCTs) to provide seamless shifting and up to 15 percent improvement in vehicle efficiency.