Industry | Automotive |
---|---|
Products | All-wheel drive (AWD) systems |
Parent | BorgWarner |
Website | www |
Haldex Traction is a manufacturer of intelligent all-wheel drive (AWD) systems, founded in Sweden. Since invention of Gen I in 1998, the company produced several generations of products licensed to and customized for some major automotive brands, that in turn have marketed Haldex Traction AWD under different names. On 17 December 2010, American-based BorgWarner announced that it had signed an agreement to acquire the Traction Systems division of Haldex AB.[1] BorgWarner completed the acquisition of the Traction Systems division on 1 February 2011.[2] Haldex Traction Systems was incorporated in BorgWarner TorqTransfer Systems.[3]