GOTHEBURG, Sweden – SKF has been recognized as a best quality supplier with the Fiat Qualitas Award. The Fiat Qualitas Award is given to Fiat’s best suppliers and recognizes companies for their outstanding contribution to improved vehicle value.

Tryggve Sthen, president of SKF Automotive, said, “This is a highly prestigious award. It is truly inspiring and proves that we deliver the right value. Our cooperation goes back over 100 years and is based on trust and shared experiences. In addition to this award, another proof of our strong partnership is the recent agreement to supply products for Fiat’s new X-UV platform.”

SKF was recently nominated to supply the SKF wheel hub bearing units (HBU) for the front and rear wheels for four different models of Fiat and Jeep on the new X-UV platform. The agreements combined are expected to amount to approximately SEK 1 billion (approximately $150 million).