Federal-Mogul Featured on Nine of Ward's '10 Best Engines' for 2010
SOUTHFIELD, Mich., Jan. 13, 2010 -- Federal-Mogul Corporation , a global leading supplier of powertrain technologies, is supplying system components for nine of Ward's "10 Best Engines" for 2010 model year vehicles. Over the past eight years, Federal-Mogul has designed and manufactured leading technologies for most of the engines recognized as Ward's "10 Best."
Federal-Mogul provides a wide range of power-cylinder, sealing, bearing and heat insulation components for the award-winning Ward's engines. Power-cylinder components include pistons, rings, liners, bearings, bushings, valve seats and guides. Sealing and systems protection products include cylinder head gaskets, intake and exhaust manifold gaskets, oil pan gaskets and abrasion protection sleeves.
Engines featuring Federal-Mogul technologies include: -- Audi A4 2.0L TFSI Turbocharged DOHC I-4 -- Audi S4 3.0L TFSI Supercharged DOHC V-6 -- BMW 335d 3.0L DOHC I-6 Turbodiesel -- Ford Fusion Hybrid 2.5L DOHC I-4 Hybrid -- Chevrolet Equinox 2.4L Ecotec DOHC I-4 -- Hyundai Genesis 4.6L Tau DOHC V-8 -- Subaru Legacy 2.5 GT 2.5L Turbocharged DOHC H-4 -- Toyota Prius 1.8L DOHC I-4 Hybrid -- Volkswagen Jetta Sport Wagen TDI 2.0L SOHC I-4 Turbodiesel
"We worked very closely with our automotive customers to develop next-generation technologies that helped to enhance these exceptional powertrains. We play a key role in supporting our customer's drive for improved fuel economy, reduced emissions and better overall performance. We salute the success of these companies and continue our commitment of providing them with world-class products and leading technologies and innovation in the future," said Jose Maria Alapont, Federal-Mogul President and CEO.
Winners of the 16th annual Ward's "10 Best Engines" awards were selected by a panel of judges from Ward's Communications. The awards, presented at a ceremony today in conjunction with the North American International Auto Show in Detroit, are considered the industry benchmark for automotive powertrain excellence.
About Federal-Mogul
Federal-Mogul Corporation is a leading global supplier of powertrain and safety technologies, serving the world's foremost original equipment manufacturers of automotive, light commercial, heavy-duty, agricultural, marine, rail, off-road and industrial vehicles, as well as the worldwide aftermarket. The company's leading technology and innovation, lean manufacturing expertise, as well as marketing and distribution deliver world-class products, brands and services with quality excellence at a competitive cost. Federal-Mogul is focused on its sustainable global profitable growth strategy, creating value and satisfaction for its customers, shareholders and employees. Federal-Mogul was founded in Detroit in 1899. The company is headquartered in Southfield, Michigan, and employs nearly 39,000 people in 36 countries. Visit the company's Web site at www.federalmogul.com.
Forward-Looking Statements
Statements contained in this press release, which are not historical fact, constitute "Forward-Looking Statements." Actual results may differ materially due to numerous important factors that are described in Federal-Mogul's most recent report to the SEC on Form 10-K, which may be revised or supplemented in subsequent reports to the SEC on Forms 10-Q and 8-K. Such factors include, among others, the cost and timing of implementing restructuring actions, the Company's ability to generate cost savings or manufacturing efficiencies to offset or exceed contractually or competitively required price reductions or price reductions to obtain new business, conditions in the automotive industry, and certain global and regional economic conditions. Federal-Mogul does not intend or assume any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.