Sogefi to supply engine coolant pumps for Volvo's hybrid cars

Sogefi SpA

06/06/2018 08:00

MILAN, June 6 (Reuters) - Italian parts maker Sogefi
 SGFI.MI  has signed a contract with Volvo Cars to supply engine
coolant pumps for several of the Chinese-owned carmaker's future
generation hybrid models, it said on Wednesday. 
    The contract, which regards Volvo's XC40, S60, V60, XC90 and
S90 hybrid models, will bring Sogefi 10 million euros ($11.70
million) of additional annual sales, the company added in a
statement.
    Sogefi will start producing the coolant pumps at its plant
in Wujiang, China, in 2019. 
    Gothenburg-based Volvo Cars, owned by China's Zhejiang Geely
Holding Group Co Ltd, said last year all of its models launched
after 2019 would be electric or hybrids. urn:newsml:reuters.com:*:nL8N1JW0JU
    ($1 = 0.8548 euros)

 (Reporting by Agnieszka Flak, editing by Stephen Jewkes)
 ((agnieszka.flak@thomsonreuters.com; +39 02 6612 9450; Reuters
Messaging: agnieszka.flak.thomsonreuters.com@reuters.net))