Tenneco Inc. (ticker: TEN, exchange: New York Stock Exchange) News Release
December 8, 2014
TENNECO SUPPLIES MONROE® INTELLIGENT SUSPENSION ON NEW RENAULT ESPACE
Latest generation technology helps Renault deliver a totally new driving experience
Brussels, Belgium, December 8, 2014 – Tenneco (NYSE: TEN) announced today that Renault has chosen the latest generation of Tenneco’s Continuously Variable Semi-Active suspension system (CVSAe) for the new Espace which made its debut at the Paris Motor Show.
According to Renault, the new Espace explores a new dimension of driving enjoyment. “It is a wholly immersive experience, giving rise to more sensations and putting the choice of emotions in the hands of the driver.” *
This concept of driving pleasure is supported by a new Renault technology called Multi-Sense®, a device that controls and co-ordinates the input of the technologies installed in the new Espace. Multi-Sense® manages the 4Control® chassis, electronic damper control system which commands the CVSAe dampers. These enhance the comfort and handling of a vehicle’s ride by continuously adjusting all four shock absorbers up to 100 times per second to changing road conditions and dynamic driving situations like cornering, lane changes, acceleration and braking. CVSAe dampers can be switched from standard to sport or comfort mode at any time according to driver preferences for a more comfortable, more dynamic or more sporty ride.
Gérard Payen, Deputy Programme Director, Renault, said: “The new Espace offers a driving experience that changes according to the driver’s mood and a spectrum of on-road performance characteristics. It is capable of adapting its characteristics to deliver the appropriate sensations, making it a little like owning several cars all rolled into one.”
Sandro Paparelli, Vice President and General Manager, Ride Performance Europe, said: “We are committed to meeting the needs of our customers as they design vehicles capable of adapting to different environments, situations or ride preferences to offer consumers both comfort and performance, and the freedom to choose their driving experience. We are delighted that Renault has chosen our CVSAe intelligent suspension technology for this flagship model.”
CVSA technology is in production on 37 vehicle models. Applications for nine new vehicle models are currently under development.
About Monroe® Intelligent Suspension
CVSAe is part of the Monroe® Intelligent Suspension portfolio which includes adaptive suspension solutions (DualMode) 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 Tenneco for more information.
Tenneco is an $8 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 26,000 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, 2013.
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