• Suspension technology: Tenneco developed the Da Vinci mechanical suspension featuring non-linear damping without electronics, software, or sensors, designed as an affordable high-tech solution across passenger vehicle OEMs.
• Order book visibility: Management noted that 2028 revenues are already 100% booked, providing clear visibility for double-digit growth.
• Capacity and CAPEX: Operating near peak capacity at its 7-million-shocks-per-year Hosur plant, the company has announced a new clean air facility in Kharkhoda, Haryana, with further capacity expansions expected.
• Capital efficiency: Tenneco reported a return on capital (ROC) close to 60% for FY25, supported by high utilization and a standardized, modular "Lego brick" manufacturing strategy across vehicle variants.