Kongsberg Automotive awarded contract worth EUR 27.2 million estimated lifetime revenue
Kongsberg Automotive’s Powertrain and Chassis (P&C) has won a transmission controls contract worth EUR 27.2 million estimated lifetime revenue, and average annual revenue of EUR 3.4 million. The secured contract is for Kongsberg Automotive Automated Manual Transmission (AMT) Shifter and the MT Cable Shifter. Designed for truck and bus applications, the MT Cable Shifter uses mechanical cables to connect the shifter to the transmission, and the AMT Shifter uses shift-by-wire technology. Both products will be supplied to a leading original equipment manufacturer (OEM) based in North