Tenneco Supplying Suspension Technology on Jaguar E-PACE SUV
September 26, 2018
TENNECO SUPPLYING SUSPENSION TECHNOLOGY ON JAGUAR E-PACE SUV
Lake Forest, Illinois, September 26, 2018 – 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.
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 expects to complete 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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