Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
November 5, 2019
GARAGE GURUS® EXPANDS ELEARNING PLATFORM FOR TECHNICIANS
Online Technical Education Program from DRiV Incorporated’s Garage Gurus Adds New Courses to its Training Library
Southfield, Michigan, November 5, 2019 – Garage Gurus®, the first-of-its-kind national training platform from DRiV™, has expanded the number of training courses that are accessible to technicians online. Available now are over 110 e-learning sessions, covering topics from piston-to-tailpipe: including brakes, chassis, drivability, engine and sealing, ignition, heavy-duty, as well as complete ASE-certification preparation classes.
Garage Gurus eLearning online is a way for technicians to sharpen their skills, or pick up new ones. Designed as a convenient option for techs who cannot attend any of the Garage Gurus classroom training sessions, courses are available online 24 hours a day, seven days a week, so they can be accessed according to each tech’s schedule and need. For example, in the “ABS Braking” class, technicians can learn about the types of antilock braking systems and key components; antilock braking system controls; and antilock braking system operation. If a tech needs to sharpen his or her skills in preparation for an ASE-certification test, Garage Gurus has several courses that provide the relevant content for the test. Topics range from engine repair through transmissions, suspension and steering, brakes, and even electronics or heating and air conditioning.
“With cars becoming more and more advanced, it may be difficult for some techs to keep up with all the latest technologies, so it remains our goal to give them an informal way to access training, at a time and place that is easy for them,” said Michael Proud, vice president, marketing. “A small investment goes a long way toward learning a lot, and Garage Gurus remains committed to helping technicians develop new techniques and abilities to provide the best service possible to their shop customers.”
In addition to its online classes, Garage Gurus offers onsite and on-demand instructional classes, regularly scheduled at the state-of-the-art Garage Gurus technical education centers located in 12 U.S. markets: Atlanta; Baltimore; Boston; New York; Chicago; Dallas/Fort Worth; Houston; Rancho Dominguez, Calif.; South Florida; St. Louis; Suburban Detroit; and Van Nuys, Calif., with new locations opening in Mexico City, Mexico; and Toronto, Ontario, Canada in 2020. Garage Gurus similarly will visit repair facilities and educate techs on the latest repair tools, replacement part solutions and technology using its fleet of product technology vans.
To download the course catalog and to sign up for classes, or to learn more about the Garage Gurus network, please visit www.garagegurus.tech.
About DRiVTM - the future Aftermarket and Ride Performance Company
Following Tenneco Inc.’s (NYSE: TEN) expected separation to form two 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 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 separation of the Aftermarket & Ride Performance business from the Powertrain Technology business (or achieve some or all of the anticipated benefits of such a separation); 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