Tenneco Supplying Suspension Technology on Jaguar E-PACE SUV

Tenneco Inc. (NYSE:TEN), a global supplier of Ride Performance and Clean Air products and systems, will supply suspension technology for the Jaguar E-PACE compact SUV. Tenneco’s conventional front strut and rear shock absorber will be standard equipment on the vehicle, while the Continuously Variable Semi-Active (CVSAe) suspension system from its Monroe® Intelligent Suspension portfolio will be included in the adaptive dynamics package.

One of the industry’s most proven advanced suspension technologies over the last decade, Tenneco’s CVSAe dampers are integrated in the Jaguar Land Rover Adaptive dynamic system, that senses road and driving conditions in real-time, independently adjusting each damper to provide a more comfortable and controlled driving experience.

“By continuously adjusting damping levels, Tenneco’s precision-engineered CVSAe technology offers drivers an optimal balance of handling and comfort,” said Neville Rudd, senior vice president, Tenneco Global Ride Control. “The compact SUV segment is fast-growing and competitive, and Tenneco’s advanced suspension technology solutions provide OE customers a way to differentiate their models in the marketplace. In addition, consumers benefit from enhanced comfort, control and the freedom to select the ride to fit their needs.”

Tenneco is a leader in advanced ride control systems for the OE market, offering vehicle manufacturers a range of passive and advanced suspension technology solutions. The company supplies the Jaguar E-PACE front strut and rear shock from its manufacturing facilities in Gliwice, Poland and Hodkovice, Czech Republic and the CVSAe suspension system from its facility 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.

 

 

  

 

Tenneco - Aftermarket EMEA
Avenue du Bourgetlaan 50
1130 Brussels
Belgium