Volume 5 Issue 16
Seven months after its commercial launch, General Motors says it is pleased with the uptake of its latest engine oil specification for gasoline-powered vehicles – Dexos 1 Gen 3 – which is on a trajectory similar to that of its predecessor spec.
Energy-efficient hydraulic fluids are proving crucial as some types of off-highway vehicles – such as backhoe loaders and track loaders – transition away from diesel engines to electrical power, a speaker said during a Society of Tribologists and Lubrication Engineers webinar last week. A speaker from an engineering college said electrification requires fluids and systems that conserve energy.
Mexico’s government nationalized the country’s nascent lithium industry this week as legislators approved President Andrés Manuel López Obrado’s bid to take control of mining the mineral. The move raises questions about prospects for Mexico to become a major supplier of the chemical, which is drawing growing global interest because of its use in electric vehicles.
WD-40 Co. reported net income of $19.5 million for its second quarter ending Feb. 28, a 13% increase compared to the same quarter last year.