Volkswagen has reached an agreement with Scania stock owners Investor AB and the Wallenberg Foundations regarding the purchase of their entire stakes in Scania, or 30.62% of Scania's voting rights. The purchase of the stake, reportedly worth approximately $4 billion, will increase Volkswagen's total votes in Scania to 68.60% (previously 37.98%) which corresponds to 37.73% of the capital (previously 20.89%).

Haldex, whose primary competitors include Bosch Rexroth, Parker Hannifin, Eaton, ArvinMeritor, BorgWarner, and Sauer Danfoss, has acquired Concentric, a leading supplier of oil, water and fuel pumps for medium and heavy duty diesel engines. Concentric will form part of Haldex's Hydraulic Systems Division which will have combined sales of approximately SEK 2.4 billion (US$ 382.3 million).

In a letter dated February 18, 2008, Chevron announced a general price increase to its marketers to be effective March 20, 2008. Chevron stated that it will increase the prices of lubricating oils by an average of 5% to 9%, and all Gear Lubes and Greases by an average of 3% to 5%.

Fuchs Lubricants has recently launched TITAN CARGO MAXX SAE 10W-40 for commercial vehicles. TITAN CARGO MAXX SAE 10W-40 is a new technology, synthetic based, diesel engine oil which combines several key specifications in one product. TITAN CARGO MAXX SAE 10W-40 is suitable for use in most EURO 3 and EURO 4 HGVs and certain LCVs making it an ideal service oil for many commercial fleets.

The Synthetic Fire Resistant Hydraulic Fluids Cross Reference Chart is the 11th of a 22-chart series of the Third Edition of our Synthetic Lubricant Cross Reference Chart Series. This 22-set series consists of over 7,000 (fully) synthetic lubricants marketed by over 450 worldwide lube manufacturing & marketing companies and OEMs.