Rheinmetall : Major orders for Rheinmetall Automotive
June 21, 2016 at 04:35 am EDT
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21 Jun 2016
State-of-the-art control and exhaust gas technology for China
Pierburg GmbH, a member of the Rheinmetall Group's Automotive component, has booked €375 million in new orders from a well-known Chinese automobile manufacturer. The products are intended for a vehicle series sold in the Chinese domestic market as well as for models marketed worldwide.
The contracts for gasoline and diesel engines include throttle and control valves, differential pressure flaps, electric recirculating water pumps, switchable mechanical water pumps as well as high- and low-pressure exhaust gas recirculation valves.
Production of the relevant models has already started or will do so in the course of 2016. The start of production of further models of this customer for which Pierburg will be supplying parts will take place successively in the period up to 2020.
These mechatronic products are being manufactured at Pierburg locations in Shanghai and Kunshan as well as at Pierburg sites in Hartha, Germany, Abadiano, Spain, and Ústí in the Czech Republic.
About Rheinmetall Automotive
Rheinmetall Automotive, the engine technology arm of the Düsseldorf, Germany-based high-tech enterprise for mobility and security, is one of the world's top 100 auto parts makers, with annual sales of around €2.6 billion (2015). 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.
Rheinmetall AG published this content on 21 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 June 2016 08:35:02 UTC.
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Rheinmetall AG specializes in the design, manufacture and marketing of equipment, components and solutions for the military and civilian industries. Net sales break down by family of products as follows:
- vehicle systems (35.1%): multi-purpose wheeled and tracked vehicles (tactical military vehicles, support vehicles, logistics vehicles and special vehicles);
- sensors and actuators (20.5%): actuators, exhaust gas recirculation systems, throttle valves, exhaust gas dampers for electric motors, solenoid valves, pumps, etc. used in thermal and fluid management applications in the mobility and industrial sectors;
- weapon and ammunition systems (19.5%): automatic cannons for land, air and sea vehicles, smooth-bore weapons, artillery systems, smart projectiles, high-energy lasers, etc.;
- electronic solutions (13%): sensors and networking systems, cyberspace protection solutions, air defense systems, radar systems, technical documentation solutions, integrated electronic systems, drones and automated ground robots, training and simulation solutions;
- engine components and systems (11.6%);
- other (0.3%).
At the end of 2022, the Group had 132 production sites worldwide.
Net sales are distributed geographically as follows: Germany (29.5%), Europe (35.7%), Asia and Middle East (16.3%), Americas (9%) and other (9.5%).
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