SOUTHFIELD, Mich., Feb. 18, 2020 /PRNewswire/ -- Monroe® Shocks and Struts, a leading global brand from DRiV has introduced new part numbers to offer expanded coverage to over 2.2 million vehicles in operation (VIO) in the month of February. New products include a conversion kit, Magnum™ steering stabilizer, and OESpectrum® shocks and struts for 37 popular domestic and import passenger vehicles.
For over one million VIO, the latest Monroe rear conversion kit is now available for the 2006-2018 Dodge Charger and 2005-2008 Magnum. This conversion kit replaces the old nivomat suspension originally equipped on these vehicles and comes with two shocks, two coil springs, and mounting hardware. Additionally, a front Monroe steering stabilizer is available for 2018-2019 Jeep Wrangler.
Monroe OESpectrum front struts are new for the 2011-2013 Kia Sorrento and 2010-2012 Hyundai Santa Fe (73044); 2007-2009 Santa Fe (73047); and 2007-2012 Hyundai Veracruz (72639). Monroe OESpectrum rear passenger car shocks are currently available for 2013-2015 Mazda 6 models. These four new products also cover over one million VIO.
Monroe OESpectrum shocks and struts are covered by a limited lifetime warranty and the brand's exclusive "Feel the Difference™" Guarantee money-back consumer offer. Restrictions apply. See www.monroe.com for more information.
To learn more about Monroe ride control products, visit www.monroe.com or contact a Monroe supplier. Connect with Monroe at Facebook.com/MonroeShocks, Twitter.com/MonroeShocks and Instagram.com/MonroeShocks.
About DRiV™ - 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.
Bill Dawson (DRiV) – 847.482.5807
Karen Shulhan (DRiV) – 248.354.4383