Tenneco's Technology Drives Growth
Innovation enables increasing dollar content per vehicle and bolsters margins.
Tenneco (TEN) supplies emission- and ride-control systems and products to more than 60 vehicle manufacturers for use on nearly 300 vehicle platforms. Automakers demand technologically advanced emission-control systems to support their efforts to meet ever-increasing clean-air legislation around the world. Ride-control products are essential to the character of a vehicle and play an important role in safety, steering feel, and ride comfort.
The company holds one of the top two spots in each of its product markets. Tenneco’s total revenue is well diversified geographically, with around 45% in North America, one third in Europe, and the remainder from South America and Asia-Pacific. New technologies combined with a global presence enable Tenneco to increase its dollar content per vehicle as well as its penetration into new, adjacent markets.
Richard Hilgert does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.