Westport and Delphi Automotive sign joint development agreement Westport (WPRT) announced a joint development agreement with Delphi Automotive (DLPH). Through the agreement, Westport and Delphi will combine their intellectual property and engineering strengths to co-develop and manufacture high-pressure natural gas fuel injectors designed for multiple engine original equipment manufacturers.
Deutsche sees upside potential for Mobileye, raises target After speaking with Dr. Mark Rosekind, the National Highway Traffic Safety Administration's new Administrator, Deutsche Bank believes the U.S. is about to adopt a more proactive stance on active safety technologies like Forward Crash Avoidance and Mitigation Systems. It thinks FCAM growth is likely to exceed its prior assumptions, providing upside potential for Mobileye (MBLY) and possibly Delphi Automotive (DLPH) and Autoliv (ALV). Deutsche raised its price target for Mobileye shares to $55 from $53 and keeps a Buy rating on the name.