SKF signs significant agreement with Volvo Cars

Gothenburg, 29 January 2015: SKF has signed a significant agreement to supply Volvo Car Corporation with wheel hub bearing units for their future car lines.

Stephane Le-Mounier, President, Automotive Market, says, “Working with Volvo Cars in the development of solutions that meet their high demands has been a successful team effort. Our focus is on developing solutions that support high performance and improved energy efficiency. Combined with our global manufacturing and technical support footprint, this was instrumental in securing the agreement announced today.”

SKF’s wheel hub bearing units with low friction grease have been specifically developed to meet Volvo Cars demands on performance, weight reduction and stiffness, contributing to a more comfortable driving experience and lower fuel consumption.

Aktiebolaget SKF
      (publ)

For further information, please contact:
MEDIA HOTLINE: 46 31 337 2400

PRESS: Theo Kjellberg, Director, Press Relations
tel: 46 31 337 6576, mobile: 46 725-776576, e-mail: theo.kjellberg@skf.com

INVESTOR RELATIONS: Marita Björk, Head of Investor Relations
tel: 46 31-337 1994, mobile: 46 705-181994, e-mail: marita.bjork@skf.com

SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has around 15,000 distributor locations worldwide. Annual sales in 2014 were SEK 70 975 million and the number of employees was 48 593. www.skf.com   

® SKF is a registered trademark of the SKF Group.

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SKF is a leading global supplier in the areas of bearings, seals, mechatronics, services and lubrication systems. The Group’s service offer includes technical support, maintenance services, engineering consultancy and training.

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“Working with Volvo Cars in the development of solutions that meet their high demands has been a successful team effort. Our focus is on developing solutions that support high performance and improved energy efficiency. Combined with our global manufacturing and technical support footprint, this was instrumental in securing the agreement announced today.”
Stephane Le-Mounier, President, Automotive Market