PresseBox
Pressemitteilung BoxID: 768630 (Rheinmetall Automotive AG)
  • Rheinmetall Automotive AG
  • Karl-Schmidt-Straße 2-8
  • 74172 Neckarsulm
  • http://www.rheinmetall-automotive.com
  • Ansprechpartner
  • Ulrich Fischer
  • +49 (7132) 33-0

Rheinmetall subsidiary to supply steel pistons worth €150 million

Follow-up order from European commercial vehicle manufacturer

(PresseBox) (Neckarsulm, ) Auto-component supplier KSPG AG, a member of the Rheinmetall Group, has been awarded by a notable commercial vehicle manufacturer a follow-up order to supply its newest-generation steel piston assemblies. The contract which will run until 2019, is worth a total €150 million. Series production start-up is scheduled for the first quarter of 2017.

The contract comprises the entire piston assembly consisting of pistons, piston pins, retaining rings, piston rings, and cylinders (liners). This contract once again emphasizes the KSPG subsidiary KS Kolbenschmidt's competence as a foremost supplier of complete piston assemblies.

The units are destined for commercial vehicle engines manufactured to the latest Euro 6 emission standard and feature a fuel-saving Fuel Consumption Package. The piston assemblies are being installed in the 13 and 11 Liter engines of the OEM. The vehicles are intended for operation in Europe and NAFTA.

Shipments will be according to the principle "local for local," with the pistons for the customer's European plants being made in Neckarsulm while the North American locations are being supplied from Kolbenschmidt de Mexico. This arrangement also allows flexible coordinated response to short-notice requirement fluctuations.

Rheinmetall Automotive AG

KSPG (Kolbenschmidt Pierburg), which represents the Mobility sector within Germany's Rheinmetall Group, has annual sales of around €2.5 billion (2014) and ranks among the 100 biggest auto-industry suppliers worldwide. Some 11,000 employees at around 40 production plants in Europe, the Americas, Japan, India and China develop and manufacture components, modules and assemblies for the drive systems of present and future vehicles.

This first-tier supplier, present on the international automotive markets, consists of three divisions: Hardparts, Mechatronics, and Aftermarket. Clustered under the Kolbenschmidt brand is the business of KSPG's Hardparts division comprising car and commercial vehicle pistons, large-bore pistons, engine blocks, cylinder heads, and structural parts in aluminum. Also included are other castings, plain bearings and continuous castings.

KSPG AG Corporate Communications · Karl-Schmidt-Straße · 74172 Neckarsulm Tel. +49 7132 33-3141 · Fax +49 7132 33-3150 · www.kspg.com · A Rheinmetall Company Under the Pierburg brand, KSPG's Mechatronics division specializes in modules and assemblies for emission control, solenoid valves, actuators and valve train systems, oil, water and vacuum pumps for cars, trucks and offroad vehicles.

Last but not least, the Aftermarket division under the Motorservice brand embraces the global aftermarket business in the Group's and third-party products in over 130 countries. As a foremost supplier of engine components Motorservice offers its customers from a single source an extensive lineup of engine parts.