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November 9, 2012
09:00 EDTTENTenneco to supply Scania with Euro VI diesel aftertreatment systems
Tenneco recently announced that it will supply Scania Group with advanced diesel aftertreatment systems for its European on-road heavy-duty trucks ahead of the 2013 deadline for Euro VI implementation. This is the second on-road business award from Scania. Tenneco is currently supplying Scania with Euro V aftertreatment systems for South America from its manufacturing facility in Sao Paulo, Brazil. The Euro VI systems will be manufactured at Tenneco’s emission control manufacturing facility in Edenkoben, Germany.
News For TEN From The Last 14 Days
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October 8, 2015
08:28 EDTTENAuto supplier stocks likely to get bid, says Wells Fargo
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September 28, 2015
07:11 EDTTENAuto parts makers defend diesel amid Volkswagen scandal, WSJ reports
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September 25, 2015
09:17 EDTTENAuto suppliers decline on Volkswagen fears overdone, says Wells Fargo
Wells Fargo says that a 10% decline in diesel's market share in Europe would only reduce the annual EPS of Tenneco (TEN0, BorgWarner (BWA) and Delphi (DLPH) by 1%-5%, while the stocks have fallen by a median of 10.2% since September 17. The firm does not expect Volkswagen (VLKAY) sales to drop tremendously. It views fears about BorgWarner and Tenneco as "way overdone," and says that Delphi's weakness is also unjustified.

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