Tenneco Targets Growth With Japanese Customers - aftermarketNews

Tenneco Targets Growth With Japanese Customers

New Tenneco Chairman and CEO Gregg Sherrill said the company is now focusing on growth with Japan-based original equipment customers. Tenneco yesterday hosted a press briefing, following a week of customer meetings in Japan , to outline its long-term expansion plans with the Japanese OEMs. Tenneco now serves Japanese customers in 14 countries and the revenue from Japanese OEMs accounted for 10 percent of Tenneco's 2006 global original equipment revenues and 20 percent of North American original equipment revenue. The company anticipates this growth will continue with an expected 32 percent increase in global OE revenue from Japanese customers by 2008.

TOKYO New Tenneco Chairman and CEO Gregg Sherrill said the company is now focusing on growth with Japan-based original equipment customers. Tenneco yesterday hosted a press briefing, following a week of customer meetings in Japan , to outline its long-term expansion plans with the Japanese OEMs.

"One of our key growth strategies is to expand our business with Japan-based customers, some of the fastest growing original equipment manufacturers worldwide," said Sherrill. "Our advanced ride and emission control technologies, a sharp focus on development and platform launch performance, and Tenneco’s commitment to quality and customer support are driving new contracts with these customers."

Tenneco now serves Japanese customers in 14 countries and the revenue from Japanese OEMs accounted for 10 percent of Tenneco’s 2006 global original equipment revenues and 20 percent of North American original equipment revenue. The company anticipates this growth will continue with an expected 32 percent increase in global OE revenue from Japanese customers by 2008.

The company continues to make progress on becoming a development partner with customers in Japan . Tenneco has been named a development supplier in Japan on four different platforms with vehicles that will be p rod uced in Asia , Europe and North America .

One industry analyst (Global Insight) predicts that roughly 34 percent of global light-duty vehicle p rod uction growth over the next 10 years will be generated by the Japanese OEMs.

"Our goal is to increase our business with fast-growing OEMs so that the revenues we generate from these customers roughly match their global market share," said Sherrill. "This growth will be driven by increasingly stringent emissions regulations worldwide and the increase in diesel powered vehicles, which create demand for our hot-end emission control capabilities and diesel aftertreatment technologies. The growth in our ride control business comes from customers who are looking for improved handling and stability and unique ride characteristics that help differentiate their vehicles."

Some of the company’s recent launch successes include the Toyota Tundra in North America and the Suzuki Swift in Japan and Europe . Tenneco is one of just 18 on-site suppliers to Toyota ‘s Tundra, which is assembled in San Antonio , TX . The company invested in two new facilities to supply the full exhaust system on the vehicle and int rod uced a new advanced laser welding technology designed to reduce muffler weight and lower material costs.

Tenneco also saw great success last year with its ride control components, front strut module and rear shock, on the Suzuki Swift Sport, launched in Japan and Europe . Close collaboration between Suzuki and Tenneco engineers resulted in vehicle suspension components that provide a tight sport ride without sacrificing ride comfort.

Tenneco demonstrated its advanced technology capabilities at a technical review with Nissan this week. Among the p rod ucts and technologies on display were Tenneco’s latest diesel technologies, a Tenneco core competency. Tenneco was one of the first to market with a diesel particulate filter passenger car application in Europe and the company has transferred that technology to other markets worldwide. Also highlighted was the company’s CES shock absorber, its first electronic suspension system, which is gaining customer acceptance globally. Tenneco participated in similar shows with Toyota in Japan and North America last year.

For more information about Tenneco, go to: http://www.tenneco.com.

You May Also Like

Dana Participating in Easter Jeep Safari

The event will take place in Moab, Utah, March 23-31.

Dana to Participate in Easter Jeep Safari 2024

Dana Incorporated will participate in Easter Jeep Safari 2024, held March 23-31 in Moab, Utah. Dana products will be on site and available for demonstrations.

“At Dana, we are committed to rigorously testing and validating our products in the most challenging conditions to guarantee superior quality, durability, and performance,” said Bill Nunnery, senior director, sales and marketing, global aftermarket for Dana. “Easter Jeep Safari features rugged trails that offer us an ideal terrain for product trials. The event also gives us the opportunity to engage with Jeep enthusiasts and understand how we can enhance their off-road experiences through vehicle customizations.”

ZF Aftermarket Releases 80 New Parts

The latest additions expand coverage to more than 5 million vehicles in operation.

ZF Aftermarket Releases 80 New Parts
Schaeffler Highlights ESG Progress in 2023 Sustainability Report

Schaeffler is currently focusing on seven key ESG goals in the implementation of its sustainability strategy.

Schaeffler 2023 Sustainability Report
CMA, DoubleCoin to Showcase Long-Haul Steer Tires at MATS

Company reps will be on-site to answer questions, schedule meetings and coordinate a raffle of outdoor sporting equipment in booth #11140.

tire-distribution-outlook-tire-rack
GB Reman to Host Jackpot Giveaway Winner at Long Beach Grand Prix

Jon Hetzel, owner of Hesski ServiCenter in Levittown, Pennsylvania, will join GB Reman in the company’s hometown next month

GB Reman to Host Jackpot Giveaway Winner at Grand Prix of Long Beach

Other Posts

Bendix Surpasses Worker Safety Goals

Bendix says its Total Case Improvement Rate improved since 2022.

Bendix Announces Worker Safety Statistics
New Rislone ‘DEF Crystal Clean’ Clears P20EE Codes

The product scrubs away crystal contaminants from the selective catalytic reduction systems of diesel cars, trucks and SUVs.

New Rislone DEF Crystal Clean Diesel DEF & SCR Emissions System Cleaner Announced
SMP Announces New Oil Filter Housing Kits

The kits feature multiple design improvements to prevent leaks, according to SMP.

SMP Announces New Oil Filter Housing Kits
NTK Technologies Announces Merger into Niterra North America

The merger will take effect on April 1, and NTK Technologies will begin operating under Niterra North America Inc.

Niterra Merger