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Hayes Lemmerz International Wins Key Contract

11 November 1998

Hayes Lemmerz International Wins Key Contract for Aluminum Wheels From New Customer, the PSA Group

    ROMULUS, Mich.--Nov. 11, 1998--Hayes Lemmerz International, Inc. , the world's leading supplier of wheels and brake components to the transportation industry, today announced that its European Aluminum Wheel division received a contract from PSA Group for aluminum wheels for the new Peugeot 806 MPV vehicle.
    The orders will be filled by the company's plant in Dello, Italy. That plant is also responsible for the fulfillment of contracts from BMW, Renault, Alfa Romeo, Porsche, and PSA Group.
    "This contract marks a new beginning with PSA Group and a terrific growth opportunity for Hayes Lemmerz," said Giancarlo Dallera, President of the European Aluminum Wheel division of Hayes Lemmerz. "We look forward to having a promising future with PSA, which may have the greatest new demand for our aluminum wheels in Europe."


    Hayes Lemmerz International, Inc. , with annual sales of over $1.7 billion, is the world's largest wheel manufacturer and is a leader in the design, engineering, and manufacture of steel and aluminum wheels and brake drums and rotors for the automotive and commercial highway markets in North and South America, Europe, and Asia. Hayes Lemmerz International has more than 10,000 employees and 26 manufacturing facilities in 12 countries worldwide.
    For more information about Hayes Lemmerz International, please be sure to visit the web site at www.hayes-lemmerz.com.