CTS Corporation says its Automotive Products group has been awarded a new programme to supply a parking position sensor for a global economy car for an unnamed Japanese vehicle manufacturer and existing customer.
Total expected revenues from the new sensor award are around US$9m for the five-year life of the contract.
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“This business win is a direct result of CTS’ successful initiative to develop and launch a series of new products for transmission applications in its sensor product line,” said a CTS statement.
CTS says the sensor will help improve vehicle performance, fuel economy and emissions by accurately determining gear position.
It will be manufactured at CTS’ Elkhart, Indiana, facility with first deliveries expected in mid-2013.
