Aftermarket Strength

Tenneco’s global aftermarket continued its steady, profitable performance in 2011, supported by the strength of the North and South American markets. Europe remained a challenge where we saw market declines, particularly in Western Europe as a result of the scrappage programs introduced several years ago to promote new vehicle sales. We also saw a mix change due to growth in ride control sales in Eastern Europe with a lower premium mix of products. Globally, the aftermarket trends are favorable, with a large and growing global base of aging vehicles, and a steady increase in the car parcs in emerging markets. Tenneco is well-positioned to benefit from these trends based on our premium products, leading market positions and the strength of our brands globally.

During 2011, Tenneco was awarded the company’s first-ever emission control products business with AutoZone, a leading distributor and retailer of auto parts in the North American market. In recognition of our ongoing commitment to the highest levels of customer service and satisfaction, we were honored to be named as supplier of the year in 2011 by several of our aftermarket customers including NAPA, Advance Auto Parts, and Hahn Automotive.