Kongsberg Automotive wins EUR 25 Million contract in China & UK
Thursday, 17 October 2013
Interior Systems announces EUR 25 million order for their new Seat
Actuator product The Interior Business Area has recently won a
significant contract for a new generation of seat actuators within its
Light Duty Cable business unit. This electromechanical actuator allows
a second or third row seat to fold or fold and tumble, at the push of a
button. This
Interior Systems announces EUR 25 million order for their new Seat Actuator product
The Interior Business Area has recently won a significant contract for
a new generation of seat actuators within its Light Duty Cable business
unit. This electromechanical actuator allows a second or third row seat
to fold or fold and tumble, at the push of a button. This product is
mainly applied to SUVs to quickly expand the luggage area.
The value of this new business is €25 million over the product life and
will commence at the end of 2014. The Actuator will be fitted onto a
new model of a premium European SUV which will be manufactured in the
UK and China. The nomination for the business has come directly from
the vehicle manufacturer but it will be sold through one of our Tier 1
seating customers. KA will build the Actuator at our Light Duty Cable
facility in Siofok, Hungary.
This is an important attainment for this new strategic product, which
was developed in North America through the Interior Systems Innovation
Group.Teams from North America and the UK have worked closely with our
facility in Siofok, to make this a truly global achievement.
From Press release
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