Kongsberg Automotive Holding ASA - Kongsberg Automotive awarded contracts valued at MNOK 150 / ¤18M
A major producer of passenger cars in the US has chosen Kongsberg Automotive to supply gearshift systems into future vehicles in the North American and European market. The total order value of the multiple contracts is estimated to be 18M Euro (YTD), and production will be in Kongsberg Automotive facility in Nuevo Laredo, Mexico. ### Kongsberg Automotive is headquartered in Kongsberg, Norway and has more than 50 facilities in 20 countries on all continents. Kongsberg Automotive, with revenues of about EUR1 billion and over 11,000 employees, provides system solutions to vehicle makers