Japan's NTN Corporation claims it has developed a new constant-velocity joint that costs 20% less to manufacture.
The part is aimed at low-cost vehicles priced at less than 1 million yen that Toyota, Nissan Motor Co. (TSE:7201), France's Renault SA and other automakers plan to launch around 2010 in Japan and the BRIC countries of Brazil, Russia, India and China.
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