New order for Haldex's All Wheel Drive system secured for one of the world's most exclusive sports cars Haldex is expanding deliveries of its fourth-generation all-wheel-drive system. The new order is from a well-known European manufacturer of exclusive sports cars. Delivery start is estimated to be during 2010. The system will be manufactured and delivered by Haldex's production facility in Landskrona, Sweden. Haldex already delivers proprietarily developed, state-of-the-art all-wheel-drive systems and solutions for Landrover, Volvo, Ford, Saab, Audi, Bugatti, Seat, Skoda and VW. "The new order for our all-wheel-drive system for one of the world's most exclusive sports car makers strengthens Haldex's position as one of the world's leading suppliers of technologies of this type," says Joakim Olsson, President and CEO of Haldex. For further information, please contact: Joakim Olsson, President and CEO, Tel: +46 (0)8-545 049 52 or Ulf Ahlén, Head of Traction Systems, Tel: +46 (0)418-47 65 31 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 Wednesday October 15, 2008.
New order for Haldex's All Wheel Drive system secured for one of the world's most exclusive sports cars
| Source: Haldex AB