TRW Automotive acquires EnTire joint venture stake

TRW Automotive U.S. LLC has acquired Michelin North America's stake in the EnTire Solutions, LLC joint venture, which TRW and Michelin established in 2003 to develop and manufacture direct tire pressure monitoring systems. The terms of the transaction were not disclosed.

Ed Carpenter, vice president of TRW Automotive's Electronics business, said TRW will continue to develop the technology.