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SinterCast : Breakthrough for SinterCast: First diesel engine for US light duty pick-up trucks

  SinterCast : Breakthrough for SinterCast: First diesel engine for US light
                             duty pick-up trucks

                                      

  *3.0 litre V6 EcoDiesel engine confirmed for Ram 1500 pick-up

  *SinterCast-CGI Cylinder block and bedplate production ramping-up

  *Chrysler and Audi increase diesel momentum in critical US market



For pictures, see PDF



[Stockholm, 18  February  2013] -  Following  the  launch of  the  Jeep  Grand 
Cherokee with a  3.0 litre V6  EcoDiesel at the  North American  International 
Auto Show in Detroit on 14 January, the Chrysler Group has confirmed that  the 
EcoDiesel engine  will also  be available  in  the model  year 2014  Ram  1500 
pick-up truck. Showroom sales  will begin during the  third quarter of  2013. 
Although performance and fuel economy ratings were not disclosed for the  Ram 
1500, the EcoDiesel provides 240 horsepower and 570 Nm of torque in the  Grand 
Cherokee, and  40% improved  fuel economy  compared to  the V6  petrol  engine 
alternative. Ram  is the  first brand  to  announce a  diesel engine  in  the 
critical half-ton pick-up sector, resulting in new competitive benchmarks  for 
fuel economy, CO[2] emissions, driving range and torque.

The 3.0 litre  V6 EcoDiesel is  based on a  SinterCast-CGI cylinder block  and 
bedplate, cast  at the  Tupy foundry  in Brazil.  Following pre-machining  at 
Tupy, final  machining and  engine assembly  is performed  in a  purpose-built 
manufacturing facility  at diesel  engine  specialist VM  Motori in  Italy,  a 
member of the  Fiat-Chrysler Group. Engine  production has been  successfully 
underway since 2010  for the European  Jeep Grand Cherokee,  Chrysler 300  and 
Lancia Thema. Series production of the cylinder block and bedplate  ramped-up 
during the second half of 2012, in  advance of the Jeep and Ram  announcements 
in the US. Volumes are expected  to exceed 100,000 Engine Equivalents  during 
2013.

The diesel momentum in the US was further buoyed by Audi at the Detroit  Show, 
announcing that it would  introduce its A6,  A7, A8 and Q5  diesels to the  US 
during 2013. The diesel options will provide an average of 30% improved  fuel 
economy compared to the base petrol engine alternatives. Audi announced  that 
36% of its current US Q7 sales  were diesels, based on the SinterCast-CGI  3.0 
litre V6. Overall, when US passenger vehicles are made available with  diesel 
options, the  take  rate  is greater  than  30%.  The diesel  take  rate  for 
heavy-duty pick-ups is in excess of 60%.

"Despite media  focus  on  vehicle downsizing  and  electrification,  pick-ups 
remain the best-selling vehicles in the  US. The Ford F150 and the  Chevrolet 
Silverado pick-ups continue to be the top  two vehicles in the US and the  Ram 
1500 is solidly in the Top 10. Together with Ram's impressive 2013 awards  as 
Motor Trend's 'Truck of the Year', 'The North American Truck of the Year'  and 
'Truck of  Texas', the  first  diesel offering  in  the half-ton  sector  will 
undoubtedly lead to increased sales for  Ram, and set a competitive  benchmark 
for the other OEMs  to respond to"  said Dr Steve Dawson,  President & CEO  of 
SinterCast. "Together  with  the  previously  announced  commitment  for  the 
first-ever high volume CGI  petrol engine, with start  of production in  2013, 
the Ram announcement represents a second breakthrough for SinterCast in  2013, 
providing a strong foundation for continued growth."

Dr Steve Dawson
President & CEO
Tel:   +46 8 660 7750
e-mail: steve.dawson@sintercast.com

SinterCast is the world's leading  supplier of process control technology  for 
the reliable high volume production of Compacted Graphite Iron (CGI). With  at 
least 75%  higher tensile  strength, 45%  higher stiffness  and  approximately 
double the fatigue strength of conventional grey cast iron and aluminium,  CGI 
allows engine designers  to improve performance,  fuel economy and  durability 
while reducing engine weight, noise  and emissions. The SinterCast  technology 
is used for the production of more  than 50 CGI components, ranging from 2  kg 
to 17  tonnes, all  using the  same proven  process control  technology.  The 
end-users of  SinterCast-CGI components  include Aston  Martin, Audi,  Cameron 
Compression, Caterpillar,  Chrysler, DAF  Trucks, Ford,  Ford-Otosan,  General 
Electric Transportation Systems, General  Motors, Hyundai, Jaguar, Jeep,  Kia, 
Lancia, Land  Rover, MAN,  Navistar,  Porsche, PSA  Peugeot-Citroën,  Renault, 
Rolls-Royce Power Engineering,  Scania, Toyota, VM  Motori, Volkswagen,  Volvo 
and Waukesha Engine. The SinterCast share  is quoted on the Small Cap  segment 
of  the  NASDAQ  OMX  stock   exchange  (Stockholmsbörsen:  SINT).  For   more 
information: www.sintercast.com

                                     END

Press Release PDF

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Source: SinterCast via Thomson Reuters ONE
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