About Haldex
Strategy Traction Systems
The main elements of the Division’s strategy are:
- To meet the market’s requirements for cost-effective solutions and premium products based on the modularity inherent in Haldex’s solutions.
- To strengthen Haldex’s position in the North American market and, in the long term, to secure its position as the global leader in controllable AWD systems. To achieve this goal, additional production capacity will be required. As a result, major investments were made during 2007 in the plant in Landskrona, Sweden, and a new plant in Irapuato, Mexico.
- To reduce costs by increasing purchases from low-cost countries combined with technological advances of products and production.
- To strengthen our position as the technology leader in controllable AWD systems through continued aggressive investments in product development.
Key events during 2007
- Series production of Generation IV.
- Introduction of Generation V.
- Series deliveries of XWD to SAAB 9-3.
- Series deliveries to VW’s new Tiguan car model.
- Order from the Ford group for the new Kuga car model.
- New production unit in Mexico for manufacturing of AWD systems for the North American market.
- Prototype order from the Korean carmaker Huyndai-KIA Motors.
Focus in 2008
- Building up capacity at the plant in Landskrona, Sweden, to ensure that we can manage deliveries to VW and Ford for the Tiguan and Kuga car models.
- Full capacity at the new plant in Mexico to enable us to manage deliveries for General Motors’ SAAB 9-3, 9-4 and Cadillac car models.
- Supplier development in North America and Asia.
- Product change to the new Generation IV on existing car models.
- Marketing for Generation V.
Net sales and operating income
Net sales per region
| Key Figures |
2007 |
2006 |
| Net sales |
848 |
745 |
| Operating income* |
50 |
48 |
| Operating margin*, % |
5.9 |
6.5 |
| Assets |
433 |
352 |
| Liabilities |
258 |
195 |
| Return on capital employed |
21.3 |
27.3 |
| Investments |
95 |
55 |
| Depriciation |
40 |
31 |
| No. of employees |
296 |
249 |
* Excl. restructuring costs