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On November 17, the next chapter in Tenneco’s great story started as the sale of the company officially closed, making Tenneco a privately held company. I am thrilled to introduce myself as Tenneco’s new CEO and look forward to leading this talented global team, working with our partners and serving our customers around the world. Tenneco is an extraordinary company with an outstanding heritage of serving its customers with the highest quality parts and services. Beginning today, we have a unique opportunity to continue that tradition and help position Tenneco for long term success. As we move forward, I look forward to working with all our partners in business and the communities where we live and work as we strengthen our relationships and build upon our tradition of accomplishments. For those potential team members who are thinking about joining us, Tenneco strives to be an employer of choice and is always searching for the best and brightest who desire to either begin or continue their careers with us.
Tenneco to Supply Monroe Intelligent Suspension Technology for Li Auto Electric SUV September 29, 2022 SKOKIE, Ill., Sept. 29, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced that it will supply the electronic suspension technology for the upcoming L9 electric luxury SUV from Li Auto. Tenneco's Advanced Suspension Technologies (AST) business will manufacture Monroe® Intelligent Suspension CVSAe™ electronic dampers for the new luxury model. The L9 is the second series model from the Beijing, China-based manufacturer of smart electric vehicles and the third model from a Chinese OEM to feature CVSAe technology. Monroe® Intelligent Suspension CVSAe(TM) electronic dampers CVSAe electronic damping technology continuously adapts to changing road conditions based on data provided by multiple onboard ride control sensors. An electronic control unit (ECU) processes sensor inputs and independently adjusts the electronic valve within each of the system's four dampers, resulting in optimal handling and comfort characteristics. Drivers can choose their preferred driving mode, ranging fr