ArvinMeritor supplies air disc brakes to Volvo Group

TROY, Mich. (Dec. 16, 2002) — The Volvo Group has selected ArvinMeritor’s Commercial Vehicle Systems (CVS) division to supply next-generation air disc brakes for Renault and Volvo heavy trucks.

The four-year supply agreement announced by ArvinMeritor last week begins in 2004 and is valued at more than $250 million US. It cements ArvinMeritor as the preferred supplier of air disc brakes for the Volvo Group’s heavy commercial vehicles, said Tom Gosnell, president of ArvinMeritor CVS.

“This is a significant extension of our current supply agreements with the Volvo Group and further evidence of ArvinMeritor’s collaborative global partnership with this industry leader,” said Gosnell. “This award marks Volvo’s confidence in our ability to serve its well-known family of truck brands with proven product technologies that deliver reliable — dependable performance over the long haul.”

Earlier this year, ArvinMeritor was also awarded additional new business from the Volvo family of trucks for its truck axles in North America.