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