Haldex Signs Deal For Supply Of ABA


News: Swedish supplier Haldex and an undisclosed global truck manufacturer have signed a Long Term Agreement (LTA) for the supply of Haldex's automatic brake adjuster (ABA). The five-year deal has a total value of SEK350mn (US$52mn). Haldex claims that it has supplied the manufacturer since the early 1970s. The ABAs are manufactured in Sweden, the US, Brazil, India and China and cater to customers on a regional basis.

This article is tagged to:
Sector: Autos
Geography: Sweden

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