Haldex expands in Mexico

Haldex expands in Mexico                                                  

Driven by growing demand, Haldex increases its manufacturing footprint in Mexico
through completion of a new state-of-the-art facility dedicated to production of
the latest generation of Limited Slip Couplings and Differentials 

Located in the emerging Castro del Rio Industrial Park in Irapuato, State of
Guanajuato, near several facilities operated by automakers and suppliers, the
2,500 square meter plant comprises manufacturing, warehousing, logistical
functions and administrative space for 70 employees with room for future
expansion.

Realized and operated by the Traction Systems Division, the entity offers an
installed annual capacity of 250 000 for production of the 4th generation,
electronically controlled Limited Slip Couplings and Differentials (eLSD), and
will serve a number of All-Wheel Drive platforms at General Motors. 

First vehicle model to feature the systems produced in Irapuato is the recently
introduced SAAB 9-3 XWD, the first ever All Wheel Drive offering from the
automaker. The awarded platforms are global in scope with several General Motors
brands and assembly plants worldwide due to receive torque transfer technology
manufactured by Haldex Irapuato.

The facility, Traction Systems' first in North America, has recently obtained
customer approval for serial production and will ramp-up its output all through
2008 as additional All-Wheel Drive models are launched by the General Motors
brands. It also constitutes one of the pillars for Traction's continued strong
expansion and growth in the Americas with General Motors and other automakers.

Official inauguration is taking place today, February 15, 2008.

“The creation of this world-class facility in Irapuato, Mexico underlines the
company's unabridged commitment to excellence not only in the area of innovation
but even in realization of  modern and efficient manufacturing facilities on a
global basis” says Joakim Olsson, President and CEO of the Haldex Group. “The
strategic ambition is to offer our extensive global customer base a local
presence and manufacturing capabilities for the product areas served by the
Haldex Group”

Haldex Traction Systems is a leading producer of All-Wheel Drive systems for the
global light vehicle market. Customers include VW, Audi, Bugatti, Seat, Skoda,
Volvo, Ford Europe, Land-Rover and General Motors.


For additional information, please contact Joakim Olsson, President and Group
CEO, phone. +46 8 545 049 52 or +46 70 545 86 54 or Stefan Johansson, CFO,
phone. +46 8 545 049 52 or +46 70 224 24 01.

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
8 billion SEK with 6,000 employees.


Haldex discloses the information in this press release according to the Swedish
Securities Market Act and/or the Swedish Financial Trading Act. The information
was provided for public release on Friday, 15 February 2008.