Constellium N.V. (NYSE: CSTM) announced today that it will be the primary supplier of aluminium Auto Body Sheet for the new Mercedes-Benz CLS model, which was released at the 2017 Los Angeles Auto Show. This four-door coupe entered the market in March 2018.
Constellium will provide the coils for the outer trunk lid panels and fenders of the Mercedes-Benz CLS. Constellium’s Surfalex®, which offers high surface quality as well as specific hemming and roping properties, has been chosen by Mercedes to achieve the new pioneering structure and look set by Mercedes designers. Surfalex® is the ideal material for demanding skin quality for closure parts and provides solutions for the most trendsetting design requests while contributing to lightweighting.
“Constellium is proud to contribute to the new Mercedes-Benz CLS with our Surfalex® aluminium solutions. This new program reflects the strong relationship established over the years with our customer as we deliver aluminium solutions to all main Mercedes-Benz auto lines. Our commitment to innovation enables us to develop new alloys and solutions from the original model design phase to the start of production,” said Dieter Höll, Constellium’s Vice President Global Automotive.
Aluminium is increasingly being adopted by automakers as an ideal material for automotive applications allowing high-performance designs in terms of aesthetic, safety and lightweighting. With its unique cutting-edge manufacturing experience and innovative expertise, Constellium is one of the top aluminium suppliers offering a broad range of innovative rolled and extruded aluminium specialty products.
Forward Looking Statement
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain “forward-looking statements” with respect to our business, results of operations and financial condition, and our expectations or beliefs concerning future events and conditions. You can identify forward-looking statements because they contain words such as, but not limited to, “believes,” “expects,” “may,” “should,” “approximately,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” likely,” “will,” “would,” “could” and similar expressions (or the negative of these terminologies or expressions). All forward-looking statements involve risks and uncertainties. Many risks and uncertainties are inherent in our industry and markets. Others are more specific to our business and operations. These risks and uncertainties include, but are not limited to, economic downturn, the loss of key customers, suppliers or other business relationships; disruption to business operations; the inability to meet customer quality requirements; delayed readiness for the North American Auto Body Sheet market, the capacity and effectiveness of our hedging policy activities, failure to retain key employees, and other risk factors set forth under the heading “Risk Factors” in our Annual Report on Form 20-F, and as described from time to time in subsequent reports filed with the U.S. Securities and Exchange Commission. The occurrence of the events described and the achievement of the expected results depend on many events, some or all of which are not predictable or within our control. Consequently, actual results may differ materially from the forward-looking statements contained in this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.