Tenneco Supplies Electronic Suspension on All-New 2018 Volvo XC40 Compact Crossover SUV

Tenneco Supplies Electronic Suspension on All-New 2018 Volvo XC40 Compact Crossover SUV

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’sXC60 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.





 

 



 

 




 

 

 

Tenneco News
Bill Dawson Media Relations-North America
Simonetta Esposito Media Relations-Europe, Tenneco
About Tenneco - Aftermarket EMEA

About Tenneco

Headquartered in Lake Forest, Illinois, Tenneco is one of the world’s leading designers, manufacturers and marketers of Aftermarket, Ride Performance, Clean Air and Powertrain products and technology solutions for diversified markets, including light vehicle, commercial truck, off-highway, industrial and the aftermarket, with 2018 revenues of $11.8 billion and approximately 81,000 employees worldwide. On October 1, 2018, Tenneco completed the acquisition of Federal-Mogul, a leading global supplier to original equipment manufacturers and the aftermarket.  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 the second half of 2019.

About DRiV™ - the future Aftermarket and Ride Performance Company

Following the separation, 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.

 About the new Tenneco - the future Powertrain Technology Company

Following the separation, the new Tenneco 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 new Tenneco would have 2018 pro-forma revenues of $11.4 billion, serving light vehicle, commercial truck, off-highway and industrial markets.

 Safe Harbor

 This release contains forward-looking statements. These forward-looking statements include, but are not limited to, (i) all statements, other than statements of historical fact, included in this communication that address activities, events or developments that we expect or anticipate will or may occur in the future or that depend on future events and (ii) statements about our future business plans and strategy and other statements that describe Tenneco’s outlook, objectives, plans, intentions or goals, and any discussion of future operating or financial performance. These forward-looking statements are included in various sections of this communication and the words  “may,” “will,” “believe,” “should,” “could,” “plan,” “expect,” “anticipate,” “estimate,” and similar expressions (and variations thereof) are intended to identify forward-looking statements. Forward-looking statements included in this release concern, among other things, the closing of the transaction described in this release, the benefits of the Federal-Mogul acquisition; the combined company’s plans, objectives and expectations; future financial and operating results; and other statements that are not historical facts. 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 outcome of any legal proceeding that may be instituted against Tenneco and others following the announcement of the transaction; the possibility that the combined company 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 transaction 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 transaction, including synergies, may not be fully realized or may take longer to realize than expected; the risk that the transaction may not advance the combined company’s business strategy; the risk that the combined company may experience difficulty integrating all employees or operations; the potential diversion of Tenneco management’s attention resulting from the transaction; 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.

 

 

  

 

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