TI Automotive signs deal to supply Vw with plastic fuel tank systems

Article by Christian A., on October 6, 2010

TI Automotive LLC will supply three million plastic fuel tank systems to be used in the European models of the Volkswagen Group, including Audi, Volkswagen, Seat and Skoda.

According to this new contract that TI Automotive has recently signed, production of the systems will start in 2011 at TI's facilities in Ettlingen and Rastatt, Germany, and Pamplona, Spain. The agreement effectively consolidates a big piece of VW's global production into TI's responsibility.

The contract actually stands for about a third of TI's global volumes. TI didn’t disclose the amount of the deal but TI CEO Bill Kozyra released a statement, indicating that under this new program, TI will continue to develop innovative, lightweight fuel tank systems that will cut emissions and help Volkswagen meet its goal of becoming the world's largest automaker.

In the last seven months, TI has entered new contracts amounting to about $3 billion with automakers.

This includes a deal with Daimler AG wherein TI will supply fuel tanks for most of Daimler's Mercedes-Benz models. Presently, TI is the supplier of fuel tanks systems to the VW Passat in Asia and the Audi Q5 and VW Caddy in Europe.

Topics: vw

If you liked the article, share on:

Comments

Recommended

If you’re selling some of the most expensive and most exclusive cars in the world, perhaps it would be a great idea to commission an ultra-rare work from the same...
by - May 24, 2017
Ford Motor Co. now has a new man on the top, and he goes by the name of Jim Hackett. Effective May 22, 2017, Hackett is named the new president...
by - May 24, 2017
Skoda recently launched the new Karoq compact SUV as a replacement model to its now-defunct Yeti small crossover. Slotted below the newly introduced Skoda Kodiaq, the new Karoq features a...
by - May 23, 2017
There are already rumors suggesting that the next generation BMW 5-Series GT is expected to be joining the 6-Series range. The latest reports instead tell us that that 3-Series GT...
by - May 23, 2017
In 2004, the British marque Rolls-Royce officially entered South Korea with the opening of their showroom located in Seoul before opening their second showroom last September in Busan. Now RR...
by - May 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries