Elkhart auto supplier starting new pedal production
Posted: 07/11/2012 at 1:15 am
The CTS Automotive Products division has been awarded three new production programs for its Electronic Throttle Control Accelerator Pedal Modules and pedal position sensors. Total revenues from these awards are expected to reach about $25 million over the anticipated program lives.
CTS did not release the names of the customers but did note the first pedal module program is for one of the North American luxury models of a major Japanese vehicle manufacturer and the other is for a European economy car platform shared by two vehicle makers.
Deliveries will begin in 2014. CTS will also supply pedal position sensors to a major Tier 1 supplier for the European vehicle market with shipment beginning in late 2012.