Haldex secures Land Rover order

Tata-owned Land Rover has roped in Haldex to supply all-wheel-drive (AWD) systems for one of Land Rover’s new car models. Production for this new vehicle is scheduled to commence in 2011.

Land Rover is Europe’s foremost manufacturer of jeeps that satisfy meticulous demands in terms of off-road characteristics. Haldex received its first Land Rover order for an AWD system in 2004. The new order reflects Land Rover’s continued confidence in Haldex’s leading-edge expertise in the field of advanced AWD. According to Joakim Olsson, president and chief executive officer of Haldex, “As a result of the order, Haldex strengthens its position as an AWD partner with Land Rover and thus also within the expansive Tata Group. This transaction also strengthens Haldex’s position in the fuel-efficient cross-over segment."