Tenneco Supplies Electronic Suspension on All-New 2018 Volvo XC40 Compact Crossover SUV
October 18 2018 - 6:45AM
Business Wire
Tenneco Inc. (NYSE: TEN), a global supplier of Ride Performance
and Clean Air products and systems, announced today that the
all-new 2018 Volvo XC40 compact crossover SUV features Tenneco’s
CVSAe adaptive suspension technology from its Monroe® Intelligent
Suspension portfolio.
A proven technology that has been launched on more than 40
vehicle models, Tenneco’s CVSAe semi-active suspension technology
continuously senses road and driving conditions and independently
adjusts damping levels in real-time to provide superior comfort and
handling. Each electronically controlled shock absorber connects to
a central ECU, which can realign damping settings every 10
milliseconds based on sensor inputs monitoring wheel assembly
acceleration, body displacement and steering angle. An externally
mounted electronic valve connects to the vehicle’s driving mode
control, giving drivers the ability to select damping settings that
fit their needs.
“Drivers today expect higher levels of comfort and performance
from their vehicles, as well as a differentiated driving
experience,” said Neville Rudd, senior vice president, Tenneco
Global Ride Control. “CVSAe, like other technologies from the
Monroe Intelligent Suspension portfolio, offers a highly tunable
suspension solution that delivers optimal control, comfort and
road-holding capabilities under a variety of driving
conditions.”
The XC40 complements Volvo’s XC60 mid-size and XC90 full-size
SUV models, both of which also feature Tenneco’s CVSAe suspension
system. Tenneco will supply the CVSAe suspension technology for
Volvo from its plant in Ermua, Spain.
About Tenneco
Headquartered in Lake Forest, Illinois, Tenneco is one of the
world’s leading designers, manufacturers and marketers of Ride
Performance and Clean Air products and technology solutions for
diversified markets, including light vehicle, commercial truck,
off-highway equipment and the aftermarket, with 2017 revenues of
$9.3 billion and approximately 32,000 employees worldwide.
On October 1, 2018, Tenneco completed the acquisition of
Federal-Mogul, a leading global supplier to original equipment
manufacturers and the aftermarket with nearly 55,000 employees
globally and 2017 revenues of $7.8 billion. Additionally, the
company expects to separate its businesses to form two new,
independent companies, an Aftermarket and Ride Performance company
as well as a new Powertrain Technology company, in late 2019.
About the Future Aftermarket and Ride Performance
Company
Following the separation, the aftermarket and ride performance
company 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. The aftermarket and ride
performance company’s principal product brands will feature
Monroe®, Walker®, Clevite®Elastomers, MOOG®, Fel-Pro®, Wagner®,
Champion® and others. The Aftermarket and Ride Performance company
would have 2017 pro-forma revenues of $6.4 billion, with 57% of
those revenues from aftermarket and 43% from original equipment
customers.
About the Future Powertrain Technology Company
Following the separation, the powertrain technology company will
be one of the world’s largest pure-play powertrain companies
serving OE markets worldwide with engineered solutions addressing
fuel economy, power output, and criteria pollution requirements for
gasoline, diesel and electrified powertrains. The powertrain
technology company would have 2017 pro-forma revenues of $10.7
billion, serving light vehicle, commercial truck, off-highway and
industrial markets.
This press release contains forward-looking statements. Words
such as “anticipate,” “expects,” "will", "continue" and similar
expressions identify forward-looking statements. These
forward-looking statements are based on the current expectations of
the company (including its subsidiaries). Because these
forward-looking statements involve risks and uncertainties, the
company's plans, actions and actual results could differ
materially. Among the factors that could cause these plans, actions
and results to differ materially from current expectations are: (i)
changes in automotive or commercial vehicle manufacturers'
production rates and their actual and forecasted requirements for
the company's products, including the company's resultant inability
to realize the sales represented by its awarded book of business;
(ii) any change in customer demand due to delays in the adoption or
enforcement of worldwide emissions regulations or any other changes
in consumer demand and prices, including decreases in demand for
automobiles or commercial vehicles which include the company's
products, and the potential negative impact on the company's
revenues and margins from such products; (iii) the general
political, economic and competitive conditions in markets where the
company and its subsidiaries operate; (iv) workforce factors such
as strikes or labor interruptions; (v) material substitutions and
increases in the costs of raw materials; and (vi) the company's
ability to develop and profitably commercialize new products and
technologies, and the acceptance of such new products and
technologies by the company's customers. The company undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this press release.
Additional information regarding risk factors and uncertainties is
detailed from time to time in the company's SEC filings, including
but not limited to its report on Form 10-K for the year ended
December 31, 2017.
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version on businesswire.com: https://www.businesswire.com/news/home/20181018005218/en/
Tenneco Inc.Bill DawsonMedia Relations – North America847
482-5807bdawson@tenneco.comorSimonetta EspositoMedia Relations –
Europe32 (0) 2 706 9232sesposito@tenneco.com
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