STOCKHOLM, Sweden, Jan. 26, 2004 (PRIMEZONE) --Haldex informed in a press release dated April 2001, that an AWD contract had been secured from an American car manufacturer. At the recent auto show in Detroit the result was shown: production version of three new Ford cars -- Ford Freestyle, Ford Five Hundred and Mercury Montego, all equipped with Haldex AWD system.
The three cars are built on similar platforms but target different customer groups. Freestyle is a crossover; Five Hundred a sedan; and Mercury Montego an upscale sedan.
The technology of the Haldex AWD system is similar to the one supplied to Volvo cars, e.g. Volvo XC90, using Haldex proprietary software that has been tailored to Ford's specifications of vehicle dynamics.
The new Ford cars will arrive in the American show rooms this fall.
The Haldex group (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 over 6 billion SEK with 4,000 employees.
For further information contact: Claes Warnander, president and CEO or Lennart Hammargren, CFO phone +46 8 545 049 50
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2004/01/26/20040126BIT20120/wkr0006.pdf