LAKE FOREST, Ill., Dec. 4, 2019 /PRNewswire/ -- Throughout its
63-year history, the Nissan Skyline has showcased a broad range of
innovative technologies engineered to deliver a differentiated and
highly enjoyable driving experience. This tradition continues in
2020 Skyline 400R, which is now available in Japan with the Intelligent Dynamic Suspension
(IDS) featuring DRiV™ Continuously Variable Semi-Active (CVSAe)
suspension technology. DRiV is a Tenneco Inc. (NYSE: TEN) business
and leading global aftermarket and ride performance supplier to
OEMs globally.
The CVSAe system is one of several electronic suspension
solutions available in the DRiV Monroe® Intelligent
Suspension portfolio. The CVSAe system automatically senses road
and driving conditions and independently adjusts the four
electronically controlled shock absorbers in real time for superior
comfort, handling and driving enjoyment.
With the addition of the Nissan car brand, the market leading
CVSAe technology continues to grow. "Since its introduction in
1957, the iconic Skyline has helped set the standard for driving
enjoyment. We are pleased to help continue this impressive
tradition with Monroe Intelligent Suspension technology in
Japan," said Brad Norton, executive vice president and
president, Ride Performance, DRiV. "Our CVSAe solution is a
popular, proven solution that enables consumers to customize their
ride experience based on driving situation and personal
preference."
About Monroe® Intelligent Suspension:
The Monroe® Intelligent Suspension portfolio includes selective
suspension solutions (Dual Mode) and semi-active solutions with
external valve (CVSAe), and two independent valves (CVSA2). The
portfolio also includes Kinetic® for pitch and roll control.
Visit www.monroeintelligentsuspension.com for more
information.
About DRiV™ - the future Aftermarket and Ride Performance
Company
Following the expected separation of Tenneco to form two-
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®, Ӧhlins®, 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
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 separation of the Aftermarket & Ride Performance business
from the Powertrain Technology business (or achieve some or all of
the anticipated benefits of such a separation); 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.
Media
contacts:
|
|
Bill
Dawson
|
Simonetta
Esposito
|
Media Relations
– North America
|
Media Relations –
Europe
|
847
482-5807
|
32 (0) 2 706
9232
|
bdawson@driv.com
|
sesposito@driv.com
|
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SOURCE DRiV