FOR IMMEDIATE RELEASE: (November 5, 2019)
Anes Seokyong An (Ms.)
A 50-year-old auto parts brand is reborn in the US this year
“Take OE tech with you” at AAPEX 2019
Los Angeles, California: CTR, a global leading manufacturer of automobile suspension, steering and driving parts with safety in the center of corporate philosophy, announces today that it opens CTR AMERICA in Los Angeles. With the establishment of legal entity in the U.S. the brand will embark upon its penetration into the largest marketplace for aftermarket brands.
CTR is not a brand new brand. It has been widely recognized in other parts of the world as a quality aftermarket brand. Its remarkable achievement can be easily found especially in Russia where it enjoys the market no. 1 standing in terms of brand preference as well as market share. It also has solid market presence in countries of CIS (Commonwealth of Independent States), South America, Middle East and Africa.
Established in 1971, CTR first took off as OE supplier for global car brands. It has built its technology and quality standard through continuous investment in research and development. Being a long-lasting reliable partner it has been credited by its OE customers including GM, Hyundai, and Renault. The company is also known for its fast movement along with the new market shift towards electric and smart mobility.
Taking advantage of its infrastructure from OE business, CTR now boasts of over 8,500 items of high caliber in its aftermarket catalogue. “We have long been an Asian specialist with our portfolio focused around Japanese and Korean car brands,” says Ray Noh, Sales Director of CTR, “Opening of CTR AMERICA, however, means that we are committed to expand our portfolio spanning not only Asian but American car applications.”
The company will present its story and offerings at AAPEX (Automotive Aftermarket Products Expo) as a silver sponsor at Sands Expo Las Vegas on November 5 to 7 this year.
<CTR's Suspension & Steering Parts> About CTR:
CTR is a leading manufacturer of automobile suspension, steering and driving parts with safety in the center of corporate philosophy, aiming to contribute to a safer world and better life. Established in 1971, CTR is headquartered in Korea and has global network to serve worldwide customers in over 100 countries. With its proven technology and quality standard, CTR continues to invest in research and development to innovate and expand to add safety to all transportations in the future. The EHS (Environment, Health and Safety) management system in CTR, certified with ISO 14001 and OHSAS 18001, builds zero hazard environment for its employees as well as drives continuous improvement toward customer satisfaction. CTR generated sales of USD 1,144 million in 2018 with approximately 2,194 employees. More information can be found on www.ctr.co.kr
. CENTRAL to your safe mobility.