CTS wins production

CTS Automotive Products has been awarded two new production programs for its Electronic Throttle Control (ETC) Accelerator Pedal Modules from Japanese and Chinese vehicle manufacturers. Both awards represent new programs for vehicles sold into the growing China market, and will result in an increase in CTS’ global market share. The pedal modules will be used on both compact car and a multi-purpose vehicles (MPV). Deliveries will begin in late 2012 and will be manufactured in CTS’ Zhongshan, China facility. Total revenues from these awards are expected to reach approximately USD 10 million over the anticipated five-year lives of the programs.