Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
November 6, 2019
DRIV™ EARNS SIX AWARDS FOR EXCELLENCE FROM THE WOMEN IN AUTO CARE’S AUTOMOTIVE COMMUNICATIONS AWARD PROGRAM
Southfield, Michigan, November 6, 2019…DRiV Incorporated, along with three of its leading brands, received six awards for excellence in digital communications and content in the annual Automotive Communications Award program, presented by Women in Auto Care. The awards recognize companies and agencies that provide automotive information through outstanding advertising, marketing and public relations efforts. Winners were honored at the Women in Auto Care press conference and reception on Tuesday, November 5, during AAPEX in Las Vegas, Nev.
DRiV™ received the following awards for excellence:
- Article/Blog/Content Piece: Fel-Pro®, Four Leaks You Shouldn’t Ignore
- Article/Blog/Content Piece, Technical: Fel-Pro Tech Tip Series
- Promotional Goods, Gear and Marketing Collateral: Fel-Pro, Designed for the Repair Environment Brochure and Top Trending Gaskets Brochure
- Business-to-Consumer (B2C) Co-op Advertising: Champion® Digital Campaign with Pep Boys
- Website: Walker® Website
- Digital, Newsletter: DRiV Monthly Newsletters - Warehouse Distributor, Repair Shop Owner/Technician, and Heavy-Duty
“I am extremely proud that DRiV has been acknowledged by Women in Auto Care with these six ACA awards, as it is a testament to all the hard work and creativity that our team puts in to generating smart and relevant marketing materials to showcase our leading global brands,” said Michael Proud, vice president, marketing, Americas, DRiV. “We are honored to be recognized for all the effort we put toward helping our customers.”
To learn more about DRiV or any of our leading global brands, visit www.driv.com.
About Women in Auto Care
Women in Auto Care is comprised of auto care professionals dedicated to providing opportunities, education and career leadership to women in the auto care industry through networking, mentoring, recruitment, recognition, industry advisors, and communication.
About DRiVTM - the future Aftermarket and Ride Performance Company
Following Tenneco Inc.’s (NYSE: TEN) expected separation to form two new, independent companies, an Aftermarket and Ride Performance company (DRiV™) as well as a new Powertrain Technology company, 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.
This release contains forward-looking statements. These forward-looking statements include, among others, statements relating to our plans to separate into two independent public companies. 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 possibility that Tenneco 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 acquisition of Federal-Mogul or the separation 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 acquisition of Federal-Mogul or the separation, including synergies, may not be fully realized or may take longer to realize than expected; the risk that the acquisition of Federal-Mogul or the separation may not advance Tenneco’s business strategy; the risk that Tenneco may experience difficulty integrating all employees or operations; the potential diversion of Tenneco management’s attention resulting from the separation; 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. Additional information regarding these risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its annual report on Form 10-K for the year ended December 31, 2018.
Karen Shulhan (DRiV) – 248.354.4383
Drew Shippy (Pinnacle Media) – 330.688.3500