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SKF awarded significant contract from Volvo Car Corporation

Resource from:  SKF Group Likes:129
Jun 14,2013
SKF to deliver wheel hub bearing units for Volvo’s next generation of premium vehicles Gothenburg, Sweden, 13 June, 2013: SKF has been awarded a contract to supply their next generation wheel hub bearing units (HBU3) to Volvo Car Corporation. SKF will supply the HBU3 specifically developed according to Volvo’s demanding technical specification for their scalable product architecture (SPA). “We are delighted to have been awarded the largest contract ever received by SKF from Volvo Car Corporation. It is also one of the most significant orders received from our automotive customers. Working in close cooperation, we used our technical knowledge and expertise to meet their very challenging requirements for a high performance design that meets their weight reduction goals. The robust technical solution that we have developed will be supplied to Volvo Car Corporation utilizing our global manufacturing footprint”, says Tryggve Sthen, President, SKF Automotive. With SPA, Volvo Car Corporation is focusing on a lightweight automotive design with a goal to reduce the vehicle weight significantly, without negative impact on performance or comfort. The HBU3, optimized for reduced weight, includes high performance seals with reduced friction. This solution is robust and withstands more strain for increased reliability and prolonged life. SKF offers a complete portfolio of products and services to the automotive industry that help reduce CO2 emissions, including the next generation of low-friction, lightweight solutions to reduce emissions, increase fuel efficiency and compete in a rapidly changing market. Aktiebolaget SKF (publ) For further information, please contact: Media Hotline: +46 31 337 2400 Press Relations: Rebecca Janzon, +46 31-337 3880; +46 727-173 880; rebecca.janzon@skf.com Investor Relations: Marita Björk, +46 31-337 1994; +46 705-181 994; marita.bjork@skf.com
(SKF Group)
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