SKF signs a long term contract with Valeo for supply to the new i-StARS
SKF has signed a three-year contract worth around SEK 34 million with Valeo to supply SKF Rotor Positioning Bearings for the new i-StARS, Valeos stop-start system. i-StARS automatically cuts off the vehicle’s engine when slowing down under 8 km/h, e.g when stopping for a red light. The system enables further reduction in CO2 emissions and even less fuel consumption compared to the first generation StARS.
i-StARS will initially be used with both manual and automated manual transmissions to equip the new diesel engine family, e-HDi, for the Citroen and Peugeot brands.
The SKF solution provides a powerful, accurate, repeatable and durable magnetic field making it possible for the control unit to receive data on the positioning of the shaft which enables the system to stop and re-start the engine at the correct time in a smooth way.
- Working in close cooperation with Valeo, and using our engineering knowledge we have developed solutions, to support their innovative and patented stop-start systems. The industry is demanding new technologies and we constantly develop new offers to meet these demands, says Tryggve Sthen, President SKF Automotive Division.
This is the second business awarded to SKF by Valeo for this kind of application. SKF already supplies this solution to the first generation of StARS.
Deliveries will start during the third quarter this year.
Gothenburg, 1 July 2010
Aktiebolaget SKF
(publ)
| AB SKF may be required to disclose the information provided herein according to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 13.00 CEST on 1 July 2010. |
For further information, please contact:
PRESS: Ingalill Östman, SKF Group Communication, tel: +46 31-337 3260, mobile:
+46 706-973260, e-mail: ingalill.ostman@skf.com
IR: Marita Björk, SKF Investor Relations, tel: +46 31-337 1994, mobile: +46 705-181994, e-mail: marita.bjork@skf.com
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. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. The Group’s annual sales 2009 were SEK 56,227 million. The number of employees was 41,172. www.skf.com.
Aktiebolaget SKF, 415 50 Göteborg, tel: 031 337 1000, fax 031 337 1722, www.skf.com
