NASDAQ OMX

Recognition for SinterCast at North American International Auto Show

13.1.2016 08:01 | NASDAQ OMX

Dela
  • Ram 1500 diesel engine wins third consecutive Wards 10 Best Engines award
  • Nissan Titan XD earns finalist position in the Truck of the Year awards
  • SinterCast-CGI petrol engine in six Ford and Lincoln vehicles

[Detroit, 13 January 2016] - An important part of SinterCast's annual calendar, the 2016 North American International Auto Show (NAIAS) provided a positive start to the year, with new recognition for SinterCast's Compacted Graphite Iron (CGI) engine technology, including the following highlights:

Ram 1500 EcoDiesel:  The 3.0 litre V6 diesel engine, with a SinterCast-CGI cylinder block and bedplate designed and produced by VM Motori, won a third consecutive Wards 10 Best Engines award.  The CGI diesel was the only engine to receive a third consecutive award; one of only two repeat winners; and, was the only diesel among the ten winning engines.  The judging panel commented that the Ram EcoDiesel set the "gold standard for refinement and fuel efficiency in the world of light duty trucks".  The Ram 1500 EcoDiesel also retained the best-in-class fuel economy rating at NAIAS in the full size light duty pick-up sector.

Nissan Titan:  The all-new Nissan Titan XD pick-up truck, with a 5.0 litre V8 diesel engine designed and built by Cummins, based on a SinterCast-CGI cylinder block, was honoured as one of the three finalists in the North American Truck of the Year award.  In a competition that included 21 trucks and sport utility vehicles, the Titan was the only pick-up to earn a spot as a finalist, together with the Volvo XC90 and the Honda Pilot.  The recognition as a finalist provides momentum to the Titan in parallel with the start of sales.  The Truck of the Year award is highly respected throughout the industry.  Now in its 23rd year, it is the only award given by an independent group of automotive journalists rather than by a single media outlet.

Lincoln Continental:  Lincoln unveiled the 2017 Continental on 12 January, with a 3.0 litre V6 CGI EcoBoost petrol engine.  The engine is a uniquely designed derivative of the SinterCast-CGI 2.7 litre petrol engine and is available only for Lincoln brand vehicles.  The twin turbo 3.0 litre engine is projected to provide 400 horsepower and to be the most performant engine in the Lincoln's history.  The SinterCast-CGI 2.7 and 3.0 litre petrol engines are also available in the Lincoln MKX luxury crossover and the MKZ luxury sedan.

Ford F-Series pick-ups:  Ford retained the best-selling truck title for the 39th consecutive year, with the F-150 being the best-selling vehicle in North America in 2015.  Ford noted that globally, throughout 2015, an F-Series pick-up was sold every 18 seconds.  Approximately 25% of Ford F-150 pick-ups are sold with the SinterCast-CGI 2.7 litre V6 petrol engine while more than 80% of F-250 through F-750 Super Duty trucks are sold with the SinterCast-CGI 6.7 litre V8 diesel engine.  The 2.7 litre petrol engine is also available for sale in the Ford Edge crossover and was announced at the NAIAS for the new 2017 Ford Fusion, where it will be the exclusive engine option for the Fusion Sport.

"As auto shows evolve to focus more on mobility and connectivity than on driving and powertrain technology, it is rewarding to have our technology recognised in a variety of vehicle applications" said Dr. Steve Dawson, President & CEO of SinterCast.  "New engines and new vehicle applications provide important growth opportunities for SinterCast.  If the Lincoln Continental and the Nissan Titan approach their stated sales ambitions, the incremental growth from these two vehicles alone provides the potential to add 10% to our current series production volume."
For more information:

Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel:  +46 8 660 7750
e-mail: steve.dawson@sintercast.com

SinterCast is the world's leading supplier of process control technology for the reliable high volume production of Compacted Graphite Iron (CGI). With at least 75% higher tensile strength, 45% higher stiffness and approximately double the fatigue strength of conventional grey cast iron and aluminium, CGI allows engine designers to improve performance, fuel economy and durability while reducing engine size, weight, noise and emissions. The SinterCast technology, with 44 installations in 13 countries, is primarily used for the production of petrol and diesel engine cylinder blocks and exhaust components for passenger vehicles, medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles, and industrial power engine components for marine, rail, off-road and stationary engine applications. SinterCast's series production components range from 2 kg to 9 tonnes, all using the same proven process control technology.  The SinterCast share is quoted on the Small Cap segment of the Stockholm NASDAQ OMX stock exchange (Stockholmsbörsen: SINT). For more information: http://www.sintercast.com

END




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SinterCast via Globenewswire

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