Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange)
June 29, 2017
TENNECO EXPANDS ITS SEMI-ACTIVE SUSPENSION TECHNOLOGY MARKET TO NORTH AMERICAN SUV MARKET
Waterford, Mich., June 29, 2017 - Tenneco Inc. (NYSE: TEN), a leading global supplier of Clean Air and Ride Performance products and systems, is expanding its portfolio of continuously variable semi-active suspension (CVSA) technology to the North American sport utility vehicle market. The technology, which has been launched on more than 40 vehicle models globally, offers customers more precisely tuned ride handling and comfort.
“With SUVs and light trucks accounting for more than 60 percent of vehicle sales in North America, it presents an ideal opportunity to expand electronic suspension technology to this important market segment,” said Ben Patel, vice president and chief technology officer, Tenneco. “Consumers expect the same comfort, control and refinement in the ride and handling of SUVs as they find in today’s leading sedans. Tenneco’s proven CVSA solutions meet these expectations without compromising ride comfort for handling.”
CVSA technology is part of the Monroe® Intelligent Suspension portfolio. It is designed to adjust to changing road conditions in real time, continuously sensing the road and driving conditions and adjusting the damper within milliseconds, offering enhanced ride comfort with outstanding dynamic response. CVSAe utilizes an externally mounted electronic valve that independently adjusts the damper’s compression performance in real time for a more comfortable and controlled ride. CVSA2 features two electro-hydraulic valves that control the damper’s rebound and compression motions independently, delivering a larger tuning range for even higher levels of comfort and control.
About Monroe® Intelligent Suspension
The Monroe® Intelligent Suspension portfolio includes:
Dual Mode, selective suspension solution
DRiV, adaptive suspension solution
CVSA, continuously variable suspension solution
Kinetic, active roll control solution
ACOCAR® active suspension technology
Visit www.monroeintelligentsuspension.com for more information.
Tenneco is an $8.6 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 31,000 employees worldwide. Tenneco is one of the world’s largest designers, manufacturers and marketers of clean air and ride performance 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®Elastomers.
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 for the year ended December 31, 2016.
# # #
Media Relations – North America
1 847 482-5807