Haldex secures order for All-Wheel Drive system to Volvo Car Corporation

The business awarded is a continuation of the existing business with Volvo cars.

Volvo has chosen Haldex as supplier of AWD technique to replace the current Generation four product in their current and future platform. The AWD-system is the fifth generation of the established Haldex AWD-coupling. The fifth generation is developed to meet future market requirements on weight, cost and fuel consumption. The new order starting in 2012 is strategically important to Haldex, as it strengthens our position as Market leader long term and also shows our good and valuable relation ship with Volvo Car Corp. The Haldex coupling will be manufactured and supplied from the Haldex production facility in Landskrona, Sweden. Haldex currently supplies several of the major OEM:s, Volkswagen, Audi, Skoda, Seat, Volvo, Ford Motor Company, Land Rover and General Motors with proprietary and advanced systems and solutions for All-Wheel-Drive system. The winners are appointed by a jury of highly qualified representatives of industry, the academic community and the Association Fluid Scandinavia.