Invest in growing markets with proprietary technologies:
- Emission control products and technologies to meet environmental mandates
- Adjacent markets, such as commercial and specialty vehicles, for new revenue opportunities
- Advanced ride control technology to enhance vehicle safety and comfort
- BRIC +T markets for rapid growth
- Growth OEMs to enhance customer mix
- Leverage aftermarket premium brands and distribution strength
Advance operational excellence:
- Continuous productivity improvements with Tenneco Manufacturing System
- Standardized global processess and capabilities
- Improvements in safety and quality
- Optimize our global footprint
Improving financial strength:
- Capitalize on cash flow and EVA (econimic value-add) discipline
- Focus on reducing leverage
- Target net debt/adjusted mid-cycle EBITDA ratio of 2.0x