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19.07.2016 14:33:41
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DGAP-News: SAF-Holland S.A.
DGAP-News: SAF-Holland S.A. SAF-HOLLAND wins a pioneering order for disc brake technology in North America
U.S. Xpress, one of the largest US truckload carriers, for the first time has decided to equip around 1,800 of its newly purchased trailers with disc brakes using SAF-HOLLAND's P89 disc brake technology. This is the first time U.S. Xpress has decided in favor of the advantages offered by disc brake technology - an area SAF-HOLLAND has pioneered in Europe for years and for which it has extensive expertise - also signaling a change from the wide use of drum brakes in the US market to disc brakes.
This generation of SAF-HOLLAND disc brakes, introduced in the North American market in June 2016, not only offers significantly better brake performance but also high running performance, ease of maintenance, and a longer life for a lower total cost of ownership for end customers. Whereas the large majority of trailers in Europe are already equipped with disc brakes offering superior performance over drum brakes, the share of disc brakes in the US market has ranged at around 10%. These new, more cost- efficient solutions, combined with the weight advantages offered by disc brake technology, are receiving increasing attention in North America from the major fleet operators. Groundbreaking concepts such as platooning should also support demand for disc brake technology, which allows shorter braking distances.
"By using disc brake technology in our axle systems, we can significantly expand our "value sold in" a vehicle and at the same time reduce the vehicle's weight and operating costs. As a pioneer in this technology in Europe, we since 1998 possess the know-how and experience in this segment to meet the high-quality and safety demands also of our North American customers. We see significant opportunities for added sales in this structurally growing segment in the important US market in the years ahead," CEO Detlef Borghardt is convinced.
About SAF-HOLLAND: SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe. With sales of approximately EUR 1,060 million in 2015 and more than 3,100 employees, the company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear and is marketed under the brands SAF, HOLLAND, and Neway. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEMs) on six continents. The Group's Aftermarket business sells spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global network of parts distribution centers. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide.
Contact: SAF-HOLLAND GmbH Stephan Haas Hauptstraße 26 63856 Bessenbach
Phone +49 6095 301-617 Stephan.Haas@safholland.de
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19.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Grand Duchy of Luxembourg Phone: +49 6095 301 - 0 Fax: +49 6095 301 - 260 E-mail: info@safholland.de Internet: www.safholland.com ISIN: LU0307018795, DE000A1HA979, WKN: A0MU70, A1HA97 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------
483795 19.07.2016
DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous
SAF-HOLLAND S.A. SAF-HOLLAND wins a pioneering order for disc brake
technology in North America
19.07.2016 / 14:33
The issuer is solely responsible for the content of this announcement.
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Luxembourg, July 19, 2016 - SAF-HOLLAND received a trendsetting contract in
the US market from U.S. Xpress for complete axle and suspension systems
equipped with the latest generation of disk brakes.
U.S. Xpress, one of the largest US truckload carriers, for the first time has decided to equip around 1,800 of its newly purchased trailers with disc brakes using SAF-HOLLAND's P89 disc brake technology. This is the first time U.S. Xpress has decided in favor of the advantages offered by disc brake technology - an area SAF-HOLLAND has pioneered in Europe for years and for which it has extensive expertise - also signaling a change from the wide use of drum brakes in the US market to disc brakes.
This generation of SAF-HOLLAND disc brakes, introduced in the North American market in June 2016, not only offers significantly better brake performance but also high running performance, ease of maintenance, and a longer life for a lower total cost of ownership for end customers. Whereas the large majority of trailers in Europe are already equipped with disc brakes offering superior performance over drum brakes, the share of disc brakes in the US market has ranged at around 10%. These new, more cost- efficient solutions, combined with the weight advantages offered by disc brake technology, are receiving increasing attention in North America from the major fleet operators. Groundbreaking concepts such as platooning should also support demand for disc brake technology, which allows shorter braking distances.
"By using disc brake technology in our axle systems, we can significantly expand our "value sold in" a vehicle and at the same time reduce the vehicle's weight and operating costs. As a pioneer in this technology in Europe, we since 1998 possess the know-how and experience in this segment to meet the high-quality and safety demands also of our North American customers. We see significant opportunities for added sales in this structurally growing segment in the important US market in the years ahead," CEO Detlef Borghardt is convinced.
About SAF-HOLLAND: SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe. With sales of approximately EUR 1,060 million in 2015 and more than 3,100 employees, the company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear and is marketed under the brands SAF, HOLLAND, and Neway. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEMs) on six continents. The Group's Aftermarket business sells spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global network of parts distribution centers. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide.
Contact: SAF-HOLLAND GmbH Stephan Haas Hauptstraße 26 63856 Bessenbach
Phone +49 6095 301-617 Stephan.Haas@safholland.de
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19.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: English Company: SAF-HOLLAND S.A. 68-70, boulevard de la Pétrusse L-2320 Luxembourg Grand Duchy of Luxembourg Phone: +49 6095 301 - 0 Fax: +49 6095 301 - 260 E-mail: info@safholland.de Internet: www.safholland.com ISIN: LU0307018795, DE000A1HA979, WKN: A0MU70, A1HA97 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------
483795 19.07.2016
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