The aftermarket and ride performance company’s principal product brands will feature Monroe®, Walker®, Clevite®Elastomers, MOOG®, Fel-Pro®, Wagner®, Champion® and others. 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.Ībout the Future Aftermarket and Ride Performance Companyįollowing 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. 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. 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. Tenneco will supply the CVSAe suspension technology for Volvo from its plant in Ermua, Spain. The XC40 complements Volvo’sXC60 mid-size and XC90 full-size SUV models, both of which also feature Tenneco’s CVSAe suspension system. “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.” “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.
NEW VOLVO CROSSOVER COMING OUT IN 2018 DRIVERS
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. 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. (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.Ī 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.
Lake Forest, Illinois, Octo– Tenneco Inc.
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