Haldex wins new AWD business

Haldex wins new AWD business Haldex Traction has received a Nomination Letter from a European car manufacturer, specifying Haldex AWD system (All Wheel Drive) on two platforms. One platform regards a passenger car and the other a light commercial vehicle. Serial deliveries are estimated to start year 2002 and 2003 respectively. The order value over a 5-year period is estimated to 600-800 MSEK. Haldex has developed a unique, controllable system for four-wheel drive and with this new business, Haldex AWD system will be present in most types of vehicles: sports-cars, family cars and light commercial vehicles. The market for four-wheel drive systems is large and growing. The world market for Haldex scope of supply is estimated to 15 billion SEK. Haldex has put up a first step goal to reach a 10% share of the world market and grow sales to 1.5 billion SEK within this product area within the next 5 years. Haldex Group is a global supplier of proprietary products for trucks, cars and industrial vehicles, with special emphasis on performance & safety. The Group is listed on the Stockholm Stock Exchange and has yearly sales of 6 BSEK with 4,150 employees. The Group has sales companies in Europe, North & South America and Asia. Production takes place at 8 factories in Europe, 8 in the U.S. and 1 in India and Brazil. For further information contact Claes Warnander or Lennart Hammargren, phone +46 8 678 72 70. August 25, 2000 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/25/20000825BIT00640/bit0001.doc http://www.bit.se/bitonline/2000/08/25/20000825BIT00640/bit0002.pdf

About Us

Haldex develops, manufactures and distributes products for brake and suspension systems for commercialvehicles. Our customers include manufacturers of heavy trucks, buses and trailers, and axle manufacturersfor these types of vehicles. Other applications as agriculture and special vehicles are also served. Theproduct portfolio comprises all of the main components and sub-systems included in a complete brake orsuspension system. Haldex, with headquarters in Landskrona, Sweden, has a global presence in terms of sales, research, development, technical serviceand production. Net sales amounted to approximately 3.9 billion SEK in 2013. Manufacturing takes place inSweden, Germany, Hungary, China, India, Brazil, Mexico and the USA. The company employs 2 135 people.