Tenneco Supplies Suspension Technology on the New PEUGEOT 3008 SUV

Tenneco Inc. (NYSE: TEN) announced today that its Multi-Tuned Valve (MTV) suspension technology is featured on the new PEUGEOT 3008 SUV, which was named 2017 European Car of the Year during the Geneva Motor Show in Switzerland earlier this year.

Tenneco’s MTV valve technology offers improved damper performance and durability compared to conventional passive valve designs and enables the optimum balance between body control and driver comfort.  This clamped-disc, full-displacement valve system is engineered to provide a wide range of shock absorber tuning options, excellent noise characteristics and performance benefits for every road environment.

“We are delighted to support the 2017 European Car of the Year and to continue Tenneco’s long tradition of developing and supplying innovative ride control products that enhance vehicle performance and help deliver a superior driving experience,” said Martin Hendricks, executive vice president and president, Ride Performance, Tenneco.

The Car of the Year is an international award, judged by a panel of senior automotive journalists across Europe. The award recognizes the most outstanding new car to go on sale in the 12 months preceding the annual Geneva Motor Show.

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Bill Dawson North America at 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 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.
 

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