Kongsberg wins contract for gear shift cables  [ North America ]

Kongsberg Automotive ASA (KA) announced that it has been awarded a contract with a major car manufacturer for gear shift cables for an automatic transmission application. The contract is worth 36.5 million euros (277 million NOK) over 5 years for a full-size truck and SUV platform in the North American market. Total vehicle volume is expected to reach between 800,000 and 1 million units annuall...