Kongsberg Automotive (KA) has won two significant contracts with one of the world’s largest manufactures of commercial vehicles in the heavy duty truck segment. The value of the contracts is estimated to be at a level more than 65 million dollars (450 Mill NOK), and represent one of KA’s largest contracts ever. The new business includes delivery of several components from KA’s innovative driveline (engine-clutch-transmission) portfolio.
The contracts are won in sharp competition with well-known international players, and the award strengthens KA`s position as a leading global supplier of driveline components for heavy duty trucks.
The driveline components will be manufactured at KA’s commercial vehicles plants in Hvittingfoss, Norway and Heiligenhaus, Germany. The contract has a term of five years, starting from 2010, but it is expected that the products will have a life-cycle far beyond the set contract term.
“With these new contracts KA has increased its market share and reinforced its position as a leading global provider of driveline products and systems for commercial vehicles,” says Håkon Amnundsen, VP Sales & Marketing. “Thanks to our long and profound customer relationship, ability to continuous improvements and cost-effective solutions, we have managed to continue and increase our business with one of the leading heavy duty truck manufactures in the world. Since the sales of heavy duty trucks have decreased significantly the last months, this contract feels like winning the gold medal,” he concludes.
Kongsberg Automotive is headquartered in Kongsberg, Norway and has approx. 50 facilities in 20 countries on all continents. Kongsberg Automotive, with over 8,000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays.