KONGSBERG AUTOMOTIVE SECURES A MEUR 7.5 GEARSHIFT SYSTEM CONTRACT

​

Kongsberg Automotive has been awarded a contract for the supply of gearshift systems to a global truck manufacturer. The gearshift systems are based on the new generation cable gearshift system developed at the Kongsberg Automotive R&D centre in Heiligenhaus, Germany. The contract is for the European and Brazilian markets and the estimated life time of the contract is 5 years with a start of production in 2013.

 “The contract is consolidating Kongsberg Automotive’s position as the leading global supplier of advanced manual gear shift systems for the truck and bus market”, says Håkon Amundsen, Vice President of Sales & Marketing for the Actuation & Chassis Business Area within Kongsberg Automotive.

 “This contract is in line with our ambition to pursue growth in emerging markets like Brazil” adds Trond Fiskum Executive Vice President for Actuation & Chassis.

 ###

 Kongsberg Automotive is headquartered in Kongsberg, Norway and has 50 facilities in 20 countries. Kongsberg Automotive, with more than 10.000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.

 ###

 FOR MORE INFORMATION, CONTACT:

 Hans Peter Havdal, CEO

Phone: +4732770520. Mobile: + 4792065690

Philippe Toth, Director, Merger and Acquisition & Investor Relations

Phone : +4732770503. Mobile : +4798214021

Tags: