The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Automotive & Transport Equipment > Auto Parts > Torotrak Plc

Torotrak Plc
 PROFILE
If Torotrak is successful, the sound of teen drivers grinding gears will become a thing of the past. Engineers at Torotrak are testing an infinitely variable transmission (IVT) designed by the company to deliver smooth and steady power without the gear changes now necessary in automatic and manual transmissions. Manufacturers have been working on IVT systems since the 1950s. But Torotrak -- armed with some 470 patents -- is poised to begin production of 10,000 pilot units. The company boasts that its IVTs offer fuel efficiency improvements of more than 17% over manual transmissions. Licensees include General Motors, Toyota, Ford, and LG Machinery. Torotrak was spun off from British Technology Group in 1998.

 COMPETITION
Delphi Automotive Systems Corporation (DPH)
Eaton Corporation (ETN)
Visteon Corporation (VC)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 0.90
1-Yr. Sales Growth: (61.4)%
Employees: 104
Revenue per employee: $8,653.85

 KEY PEOPLE
• Maurice Martin
    CEO
• Rebecca Joyce
    CFO

 CONTACT INFO
1 Aston Way
Leyland Lancashire PR5 3UX, United Kingdom
Phone: 44-1772-900-900
Fax: 44-1772-900-929
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001