ELKHART, USA: CTS Corp. announced that CTS Automotive Products was awarded a production program for a new sensor to be introduced by a Japanese OEM for global light vehicle manufacture. This new program continues the outstanding working relationship that has been established between CTS and Japanese OEMs on a variety of automotive sensing needs.
The sensor is used as a key part of an advanced engine management system on gasoline engines for added fuel economy and improved emissions on small cars sold globally. Sensor production is anticipated to begin late 2011 with total revenues over the life of the five-year program to be approximately $5.0 million.
With constant market pressures to improve emissions, improve fuel economy and reduce engine costs, automotive manufacturers are increasingly relying on advanced sensors to meet these needs. CTS’ sensor will provide automotive OEMs with a cost-effective solution for higher accuracy requirements.
The awarded program is the first in a targeted effort to establish CTS as an advanced sensor supplier for all automotive OEMs utilizing a variety of engine management strategies. An important milestone has been reached as CTS has adapted its current sensor technologies into new automotive market segments.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.