Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
July 26, 2018
TENNECO’S MONROE INTELLIGENT SUSPENSION TECHNOLOGY FEATURED ON THE NEW MERCEDES-BENZ G-CLASS
Latest System First Use of CVSA2 Suspension Technology for SUV Applications
Lake Forest, Illinois, July 26, 2018 – Tenneco Inc. (NYSE: TEN), a global supplier of Ride Performance and Clean Air products and systems, announced today that the Mercedes-Benz G-Class line of SUVs will offer adaptive adjustable damping using Tenneco’s Continuously Variable Semi-Active (CVSA2) suspension technology from the Monroe® Intelligent Suspension portfolio. The CVSA2 technology will be standard on the Mercedes-AMG G 63 performance SUV and offered as an option on G350d and G500 models. These are the first SUVs to offer Tenneco’s CVSA2 technology.
CVSA2 is a semi-active suspension technology designed around a lightweight damper that features two externally mounted electro-hydraulic valves that independently control rebound and compression damping. The technology allows for a flexible tuning range between minimum and maximum damping levels, which delivers superior comfort, handling and stability. Initially designed for use with high-performance sports cars, the latest generation of CVSA2 technology has been adapted to SUV applications. The CVSA2 corner modules have integrated aluminum yokes and can either be installed with coil springs (like on the G-class) or air springs.
“Our research into consumer preferences coupled with the increasing popularity of our Monroe Intelligent Suspension portfolio, confirms a growing demand for advanced suspension solutions across multiple vehicle segments,” said Martin Hendricks, president, Ride Performance, Tenneco. “One of our most advanced offerings, the latest generation of our CVSA2 technology combines proven road handling benefits, unsurpassed off-road capability and advanced ride comfort tuning capabilities for SUVs.”
Tenneco is a $9.3 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 32,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of ride performance and clean air products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco’s principal brand names are Monroe®, Walker®, XNOx® and Clevite® Elastomer.
This press release contains forward-looking statements. Words such as “anticipate,” “expects,” "will", "continue" and similar expressions identify forward-looking statements. These forward-looking statements are based on the current expectations of the company (including its subsidiaries). Because these forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause these plans, actions and results to differ materially from current expectations are: (i) changes in automotive or commercial vehicle manufacturers' production rates and their actual and forecasted requirements for the company's products, including the company's resultant inability to realize the sales represented by its awarded book of business; (ii) any change in customer demand or any other changes in consumer demand and prices, including decreases in demand for automobiles or commercial vehicles which include the company's products, and the potential negative impact on the company's revenues and margins from such products; (iii) the general political, economic and competitive conditions in markets where the company and its subsidiaries operate; (iv) workforce factors such as strikes or labor interruptions; (v) material substitutions and increases in the costs of raw materials; and (vi) the company's ability to develop and profitably commercialize new products and technologies, and the acceptance of such new products and technologies by the company's customers. The company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Additional information regarding risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its report on Form 10-K/A for the year ended December 31, 2017.
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