STOCKHOLM, Sweden, Sept. 22, 2005 (PRIMEZONE) -- Haldex Traction Systems, a division in the Haldex group, has since the first Haldex Coupling was produced in 1998 been producing one million Haldex Couplings in total by September 23. 2005. It started with the VW Golf and Audi TT in 1998 and the latest model now equipped with Haldex Coupling is the new VW Passat, which also will be the receiver of the millionth Haldex Coupling. The organic growth of the Haldex Traction Systems continues and the turnover for 2005 will be close to 800 MSEK.
Since the launch of the innovative Haldex Coupling in 1998 entering the All Wheel Drive market for passenger cars with a new concept, Haldex has consistently been able to win new business in hard international competition and kept market leadership for controllable All Wheel Drive Systems. Haldex is now the world-leading supplier of intelligent all-wheel-drive systems (AWD-systems) for excellent vehicle dynamics performance in both passenger cars and SUV's.
Haldex (www.haldex.com), headquartered in Stockholm, Sweden, is a provider of proprietary and innovative solutions to the global vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Stockholm Stock Exchange and has annual sales of nearly 7 billion SEK with 4,400 employees.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://wpy.waymaker.net/client/waymaker1/WOLReleaseFile.aspx?id=132985&fn=wkr0001.pdf