US: Tenneco reports record Q1 net income

Tenneco has reported revenue of US$1,760m in Q1 2011, an increase of US$444m, or 33.7%, from the US$1,316m generated in Q1 2010. The increase was driven by higher OE production volumes and aftermarket sales, and incremental revenue from new light and commercial vehicle launches. Commercial and specialty vehicle OE revenue increased Subscribe to Automotive World … Continued

• By Webmaster
• May 4, 2011