Business
Constellium N.V. (NYSE and Euronext Paris: CSTM) announced today that it supplies aluminium Automotive Body Sheets and Crash Management Systems for the new BMW 5 Series, including its hybrid and touring models. The latest edition of the iconic BMW 5 Series saves 137 pounds (62 kg) compared to the previous model thanks to the use of lightweight materials like aluminium.
Constellium is the primary supplier of aluminium Automotive Body Sheet for the BMW 5 Series, providing the coils used for the inner and outer applications such as doors, roofs, fenders, deck lids and structural parts. In addition, Constellium designed and produces the rear Crash Management System, including an integrated holder for the exhaust system.
For the hood outer panel and fenders, Constellium provides Surfalex® with high surface quality and specific hemming and roping properties, which allow sporty designs that are sharp, sleek and striking.
For the inner hood, the superior formability and mechanical resistance of our materials solution enable efficient processing of complex shapes.
“BMW is a great customer to work with as they are looking for innovative aluminium solutions for automotive body sheets for their new models. We are proud to supply the BMW 5 Series not only for closures but also for structural inner parts and reinforcement applications requiring specific crash and mechanical performance such as the one offered by Securalex®HS” said Dieter Höll, Sales & Marketing Director Automotive & Specialties.
Aluminium is the ideal material for Crash Management Systems because it provides superior energy absorption to help protect vehicle occupants in the event of a collision. It also has a crash behavior that helps reduce damage to the vehicle and therefore minimizes repair costs. The bumper beam and crash boxes are extruded components, allowing Constellium to design a product that is not only lightweight, but also engineered to customer specifications in terms of size, shape, package space and strength.
“Constellium is a longtime supplier to BMW and it is an honor to contribute to the redefined Ultimate Driving Machine,” said Lionel Chapis, Constellium’s Managing Director for Automotive Structures. “The new BMW 5 Series features our most advanced rear crash management system with extrusions made of Constellium’s patented high-strength 6000-series crushable alloys.”
Aluminium continues to be a material of choice for automakers to lightweight vehicles for improved fuel economy and lower emissions. By saving weight throughout the vehicle, automakers are able to integrate additional features that differentiate their vehicles for unique appeal to consumers.
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, the ability of Constellium and Wise to achieve expected synergies and the timing thereof; the risk that the businesses will not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected; Constellium’s increased levels of indebtedness as a result of the acquisition of Wise Metals, which could limit Constellium’s operating flexibility and opportunities; the potential failure to retain key employees as a result of the acquisition of Wise Metals or during the integration of the business, the loss of customers, suppliers and other business relationships as a result of the acquisition of Wise Metals; disruptions to business operations resulting from the acquisition of Wise Metals; slower or lower than expected growth in the North American market for Body-in-White aluminium rolled products 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 publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as required by law.