Stoneridge Inc. announces that it has been awarded a global driver information platform for a major commercial vehicle manufacturer across multiple geographies and platforms. The award includes medium- and heavy-duty trucks and represents an estimated $38 million in peak annual revenue based on forecasted production levels. Start of production will begin in 2020.
“This award, which includes our fully programmable instrument cluster platform as well as our hybrid instrument clusters, showcases our market-leading technology and global capabilities,” says Joacim Wenna, Vice President, Driver Information Systems, Stoneridge. “Our team worked hard to develop the right system and this award clearly shows that Stoneridge is recognized as the global leader for commercial vehicle instrumentation.”
“Stoneridge is focused on continuing to provide solutions to our customers to fit their global needs,” says Jon DeGaynor, President and CEO, Stoneridge. “This business award is a realization of our efforts to continue to expand our driver information systems across multiple regions of the world and deepen our relationships with our global OEM partners.”