SOUTHFIELD, Mich., Aug. 29, 2019 /PRNewswire/ -- The
Walker® emissions control brand now offers coverage of
nearly 100 million additional vehicle service opportunities as a
result of a significant expansion announced today by DRiV™
Incorporated. DRiV is a Tenneco Inc. (NYSE: TEN) business and
leading global aftermarket and ride performance supplier.
The Walker range includes 60 new CARB-certified Walker CalCat® direct-fit and
universal catalytic converters covering 910 popular applications up
to and including the 2019 model year. Engineered for states where
CARB-certified catalytic converters are required – which now
include California, Maine and New York-- Walker CalCat converters feature an exclusive
catalytic technology that offers the right loading of precious
metals, the proper catalyst material and design, and a high
technology washcoat for enhanced oxygen storage capacity ensuring
optimal conversion of harmful emission gases to help keep the MIL
light off and maintain engine performance. Also new are nine new
EPA-compliant Walker Ultra® direct-fit converters
covering 46 popular late-model applications. Walker Ultra
converters, designed for OBD II vehicles (1996 and newer), include
a premium substrate material and high technology washcoat to ensure
exceptional oxygen storage capacity to reduce harmful emissions,
helping to keep the MIL light off and maintain proper engine
performance. All Walker direct-fit converters include original
equipment-style hangers, brackets, routings and heat shields to
ensure fast, easy installation and a precise fit.
"Vehicle service professionals trust Walker to offer the right
combination of late-model and older coverage to help accelerate the
growth of their businesses," said Rebecca
Mahan, director, brand marketing. "Our extensive, ongoing
investment in new parts, including CARB- and EPA-compliant
converters, helps shops earn more business across virtually all
passenger vehicle nameplates."
Also available through Walker suppliers are 36 new muffler and
muffler assembly part numbers offering combined coverage of more
than 8 million additional replacement opportunities. These include
18 premium Walker
Quiet-Flow® SS mufflers and assemblies available
for more than 100 popular applications up to and including the 2018
model year. Walker Quiet-Flow SS mufflers and assemblies are built
for precision fit, form and performance and offer the exceptional
durability of premium 409 stainless steel. Quiet-Flow SS mufflers
and assemblies are covered by a limited lifetime warranty and
90-day Safe & Sound® Guarantee. See
www.WalkerExhaust.com for details.
Walker also has introduced 14 additional resonator, pipe and
hardware part numbers offering combined coverage of nearly 6
million replacement opportunities.
To learn more about Walker emissions control products, visit
www.WalkerExhaust.com and the brand's YouTube channel and
connect with Walker at Facebook.com/WalkerEmissions and
Instragram.com/WalkerEmissions.
About DRiVTM - the future Aftermarket and
Ride Performance Company
Following Tenneco Inc.'s (NYSE: TEN) expected separation to form
two new, independent companies, an Aftermarket and Ride Performance
company (DRiV™) as well as a new Powertrain Technology company,
DRiV will be one of the largest global multi-line, multi-brand
aftermarket companies, and one of the largest global OE ride
performance and braking companies. DRiV's principal product
brands will feature
Monroe®, Öhlins®,
Walker®, Clevite® Elastomers,
MOOG®, Fel-Pro®, Wagner®,
Ferodo®, Champion® and others. DRiV would
have 2018 pro-forma revenues of $6.4
billion, with 54% of those revenues from aftermarket and 46%
from original equipment customers.
Safe Harbor
This release contains forward-looking statements. These
forward-looking statements include, among others, statements
relating to our plans to separate into two independent public
companies. Forward-looking statements are subject to a number
of risks and uncertainties that could cause actual results to
materially differ from those described in the forward-looking
statements, including the possibility that Tenneco may not complete
the spin-off of the Aftermarket & Ride Performance business
from the Powertrain Technology business (or achieve some or all of
the anticipated benefits of such a spin-off); the possibility that
the acquisition of Federal-Mogul or the separation may have an
adverse impact on existing arrangements with Tenneco, including
those related to transition, manufacturing and supply services and
tax matters; the ability to retain and hire key personnel and
maintain relationships with customers, suppliers or other business
partners; the risk that the benefits of the acquisition of
Federal-Mogul or the separation, including synergies, may not be
fully realized or may take longer to realize than expected; the
risk that the acquisition of Federal-Mogul or the separation may
not advance Tenneco's business strategy; the risk that Tenneco may
experience difficulty integrating all employees or operations; the
potential diversion of Tenneco management's attention resulting
from the separation; as well as the risk factors and cautionary
statements included in Tenneco's periodic and current reports
(Forms 10-K, 10-Q and 8-K) filed from time to time with the SEC.
Given these risks and uncertainties, investors should not place
undue reliance on forward-looking statements as a prediction of
actual results. Unless otherwise indicated, the forward-looking
statements in this release are made as of the date of this
communication, and, except as required by law, Tenneco does not
undertake any obligation, and disclaims any obligation, to publicly
disclose revisions or updates to any forward-looking statements.
Additional information regarding these risk factors and
uncertainties is detailed from time to time in the company's SEC
filings, including but not limited to its annual report on Form
10-K for the year ended December 31,
2018.
CONTACT:
Karen Shulhan (DRiV) –
248.354.4383
karen.shulhan@fmmotorparts.com
Drew Shippy (Pinnacle Media) –
330.688.3500
drew@pinnmedia.com
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SOURCE DRiV