Chrysler 2013 Annual Report Download - page 78

77
Report on
Operations
Powertrain
Revenues totaled €898 million, which was in line with the prior year on a constant currency basis. In Europe, an increase in turnover from sales
of the direct injection pump to Hyundai more than compensated for lower sales of a similar component to PSA.
A modest increase in sales to FIASA and Volkswagen in Brazil and the supply of new products to Chrysler more than compensated for the loss
of revenues associated with the sale of the carburetor business to Edelbrock in 2012.
Activity in the Chinese market was in line with 2012, while sales to Maruti Suzuki in India were down, particularly in the second half, due to an
overall decline in local demand.
On the innovation front, development continued on electric inverters and motors for application on hybrid electric and battery electric vehicles
(HEV/BEV) for Ferrari, Qoros Group (China) and Chrysler.
Major orders received during the year included: systems and components for FAW and Volkswagen, intake manifolds for the Chrysler Pentastar,
systems and components for Chrysler and Qoros hybrid vehicles, manifolds and throttle bodies for Fire MultiAir turbo engines for Fiat/Chrysler
and Mazda.
Suspension Systems
Revenues were €470 million, substantially in line with 2012. Increased sales associated with the Ducato in Brazil and Mexico compensated for
contractions across brands for Fiat Group, the business line’s principal customer, in Italy and Poland.
Research and innovation activities related to high-resistance metal (steel and iron) and alloy solutions (carbon steel) and variable thickness
components continued during the year.
Major new orders included suspension components for the new SUV vehicle platform for Fiat/Chrysler in Italy and Brazil.
Shock Absorbers
The business line recorded revenues of €309 million for 2013, a 4% year-over-year decrease at constant exchange rates attributable to an
overall contraction in demand in the business line’s core markets.
Principal new product developments during the year related to aluminum mono-tube shock absorbers that contribute to reduced emissions,
cabin leveler shock absorbers for Iveco, low-cost Dual Stage Valve shock absorber technology, and E_FSD (electronic frequency selective
damping) shock absorbers. Development also continued on regenerative shock absorbers.
Electronic Systems
Revenues totaled €935 million for the year, an increase of approximately 7% over 2012 driven primarily by growth in sales of telematics and
body products to PSA (RT5, RT6 and RT6FF radio navigation systems and SMEG A9 and SMEG+ infotainment systems).
Ongoing innovation projects included: development of a new infotainment system for BMW (launched in November 2013); the new instrument
cluster platform for Audi and Fiat/Chrysler SUVs; new body computers for Chrysler and Fiat/GAC’s Compact United States Wide (CUSW)
platform, the L7 family in Slovakia (Ducato and Iveco MY 2014), the L9 family for application on FIASA models in LATAM.
New orders included: the E-call system for FGA, a telematics box for GM and Suzuki, an infotainment system for the BMW EVO range and
a body computer for the 2014 Ducato.