Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
March 29, 2016
TENNECO MONROE® INTELLIGENT SUSPENSION FEATURED ON NEW RENAULT TALISMAN
Renault combines 4Control four-wheel steering technology with semi-active suspension
Lake Forest, Illinois, March 29, 2016 – Tenneco Inc. (NYSE: TEN) is supplying the newly-launched Renault Talisman D-segment sedan with its continuously variable semi-active (CVSAe) suspension, part of the company’s Monroe® Intelligent Suspension portfolio of original equipment advanced technologies.
The Talisman provides what Renault calls a personalized driving experience via its Multi-Sense technology, which offers drivers the choice of comfort, sport, eco, neutral and perso modes. Tenneco’s CVSAe technology is available as an option within Renault’s Multi-Sense system, allowing drivers to select outstanding ride comfort or dynamic, agile handling for a sportier ride. The Talisman model offers a shortcut button to switch instantly between the comfort and sport modes.
“Our Monroe® Intelligent Suspension portfolio offers our OE customers a choice of advanced technologies that can be seamlessly integrated into their vehicle control systems to help deliver a superior driving experience,” said Enrique Orta, Tenneco senior vice president, Ride Performance. “We are delighted that Renault has chosen Monroe® Intelligent Suspension for this innovative new compact, executive sedan with its combination of four-wheel steering and semi-active suspension.”
The Talisman is the second model in the Renault range to feature Monroe® Intelligent Suspension. In 2014, Renault launched CVSAe on its new Espace.
About Monroe® Intelligent Suspension
CVSAe is part of the Monroe® Intelligent Suspension portfolio, which includes adaptive suspension solutions (Dual Mode) for compact cars and semi-active solutions with external valve (CVSAe), internal valve (CVSAi) and two independent valves (CVSA2) for mid-range and higher-end cars. The portfolio also includes CVSA2/Kinetic® and ACOCAR® active suspension solutions for premium luxury cars, high-end sports cars and SUVs with off-road capability. Visit monroeintelligentsuspension.com for more information.
Tenneco is an $8.2 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 30,000 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, commercial truck and off-highway 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 for the year ended December 31, 2015.
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