SKF AB (Sweden) announced it has won the contract from General Motors Europe
to supply wheel bearings for the Opel Astra replacement (the European C platform) due
to launch in the 2005 model year.
SKF recently won the contract for rear wheel hub assemblies for the Opel Vectra
replacement (the European D platform) which is due to launch next year.
The hub units selected by GM are so-called "third-generation" unitized hub and
bearing assemblies, meaning the units incorporate an integrated, active electronic
sensor assembly.
The total value of the two contracts is expected to top € 50 million every
year, as the units are used in vehicles built in both Europe and Latin America.