DRiV™ Expands Monroe® Quick-Strut®, OESpectrum® and Magnum™ Ride Control Coverage
19 New Monroe Part Numbers Address Nearly 800,000 Additional Potential Service Opportunities
SOUTHFIELD, Mich., Aug. 8, 2019 /PRNewswire/ -- The Monroe® brand of ride control products has expanded its Monroe Quick-Strut®, OESpectrum® and Magnum™ ride control offerings to cover nearly 800,000 additional potential service opportunities. The latest Monroe units include 12 additional Quick-Strut assembly part numbers, eight of which offer exclusive coverage from a major aftermarket ride control manufacturer. Also available are six additional Monroe OESpectrum shock and strut part numbers and one new Monroe Magnum commercial vehicle shock part number.
"Our overriding goal is to provide our trade partners the combined advantage of best-in-class quality and coverage so they can earn more ride control business every day," said Rebecca Mahan, director, brand marketing. "DRiV and the Monroe brand represent a proven path to stronger growth in this vital product and service category."
The new Monroe Quick-Strut part numbers offer first-to-market coverage for more than 511,000 registered vehicles, including 2000-2005 Hyundai Sonata (rear), 2001-2006 Kia Optima (rear), 1998-2005 Lexus GS300 (front), 1998-2000 Lexus GS400 (front), 2001-2005 Lexus GS430 (front), 2008-2011 BMW 135i (front), 2004-2008 Mazda RX-8 (front), and 2006-2012 Mitsubishi Eclipse (rear) models. Also now covered by the Quick-Strut product range are the following additional BMW models: 2006 325i; 2008-2013 28i and 135i; 2013 135is; 2007-2013 328i and 335i; and 2011-2013 335is (all front).
Assembled in Paragould, Ark., Monroe Quick-Strut assemblies feature premium Monroe strut technologies tuned and tested for original-equipment (OE) style ride and handling; vehicle-specific coil spring technology featuring U.S.-grade steel and corresponding OE-equivalent spring design; premium, OE-style upper strut mount and bearing plate; and other high-quality components.
The new Monroe OESpectrum part numbers include the aftermarket's first front shock absorbers for 2018-2020 Jeep Wrangler models, as well as coverage of 2015-2018 Hyundai Sonata (rear), 2013-2017 Hyundai Santa Fe (rear) and 2014-2015 Kia Sorento (rear) models. Also now available are Monroe OESpectrum front struts for 2011-2013 Infiniti QX56, 2014-2019 Infiniti QX80 and 2017-2019 Nissan Armada models.
Monroe Magnum front shock absorbers – covering nearly 100,000 Freightliner Cascadia trucks, model years 2017-2018 – are now available through Monroe suppliers.
Monroe Quick-Strut assemblies and OESpectrum shocks and struts are covered by a limited lifetime warranty and the brand's exclusive "Feel the Difference™" Guarantee money-back consumer offer. Monroe Magnum commercial vehicle shocks are covered by an exclusive 90-day risk-free ride offer. Restrictions apply. See www.monroe.com for more information.
To learn more about Monroe ride control products, visit www.monroe.com or contact a Monroe supplier. Connect with Monroe at Facebook.com/MonroeShocks, Twitter.com/MonroeShocks and Instagram.com/MonroeShocks.
About DRiVTM - the future Aftermarket and Ride Performance Company
Following Tenneco Inc.'s (NYSE: TEN) expected separation to form two new, independent companies, an Aftermarket and Ride Performance company (DRiV™) as well as a new Powertrain Technology company, DRiV will be one of the largest global multi-line, multi-brand aftermarket companies, and one of the largest global OE ride performance and braking companies. DRiV's principal product brands will feature Monroe®, Öhlins®, Walker®, Clevite® Elastomers, MOOG®, Fel-Pro®, Wagner®, Ferodo®, Champion® and others. DRiV would have 2018 pro-forma revenues of $6.4 billion, with 54% of those revenues from aftermarket and 46% from original equipment customers.
Safe Harbor
This release contains forward-looking statements. These forward-looking statements include, among others, statements relating to our plans to separate into two independent public companies. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to materially differ from those described in the forward-looking statements, including the possibility that Tenneco may not complete the spin-off of the Aftermarket & Ride Performance business from the Powertrain Technology business (or achieve some or all of the anticipated benefits of such a spin-off); the possibility that the acquisition of Federal-Mogul or the separation may have an adverse impact on existing arrangements with Tenneco, including those related to transition, manufacturing and supply services and tax matters; the ability to retain and hire key personnel and maintain relationships with customers, suppliers or other business partners; the risk that the benefits of the acquisition of Federal-Mogul or the separation, including synergies, may not be fully realized or may take longer to realize than expected; the risk that the acquisition of Federal-Mogul or the separation may not advance Tenneco's business strategy; the risk that Tenneco may experience difficulty integrating all employees or operations; the potential diversion of Tenneco management's attention resulting from the separation; as well as the risk factors and cautionary statements included in Tenneco's periodic and current reports (Forms 10-K, 10-Q and 8-K) filed from time to time with the SEC. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Unless otherwise indicated, the forward-looking statements in this release are made as of the date of this communication, and, except as required by law, Tenneco does not undertake any obligation, and disclaims any obligation, to publicly disclose revisions or updates to any forward-looking statements. Additional information regarding these risk factors and uncertainties is detailed from time to time in the company's SEC filings, including but not limited to its annual report on Form 10-K for the year ended December 31, 2018.
CONTACT:
Karen Shulhan (DRiV) – 248.354.4383
[email protected]
Drew Shippy (Pinnacle Media) – 330.688.3500
[email protected]
SOURCE Tenneco Inc.
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