Key contract win for Driveline worth EUR 83 million

Kongsberg

Kongsberg Automotive (KA) has received nomination from a major Global OEM for supply of the complete manual gear shifter system to a global platform.

The shifter system will be used in B Segment cars which will be sold in Europe, South America and Asia under two different brands.

The contract has a total value of EUR 83 million over 7 years. Production supply will be out of 6 plants Cluses (France), Vrable (Slovakia), Wuxi (China), Jundiai (Brazil), Gurgaon (India) and Nuevo Laredo (Mexico).

Production will start in H1 2016 with a peak volume in 2020.

KA continues to leverage the benefit of being a global player with 32 manufacturing locations in 20 countries.
“It’s very satisfying that we are able to bring products to the market which contribute to a sustainable future”, said Joachim Magnusson, Executive Vice President at Kongsberg Automotive’s Driveline business area.