The company’s award caps recent success that is illustrated by a growth in market share of 400% since 2008. In addition to Exides success, their partners have seen their sales grow by 20% annually.
In a statement, the Institute of Transport Managements Pat Sheedy said: The battery manufacturing business has become more competitive in recent years. Innovation in the sector means that batteries need to be replaced less frequently, so quality standards and the right price points are more important than ever. But as well as this, the customer is looking for tailored products batteries that fit in with particular vehicle needs, products that perform reliably under specific conditions. It is because of this that the Institute of Transport Management (ITM) has awarded Exide Technologies the title of Best Automotive Battery Range 2011.
Andrew Bevington, Exides UK Sales & Marketing Director, commented: It is a great achievement to pick up the Institute of Transport Managements Best Automotive Battery Range 2011 award. With a recent increase in the pace of market innovation, this is a strong signal that Exide will lead today and tomorrow.
Exide Technologies, with operations in 80 countries and fiscal 2009 net sales of approximately $3.3 billion, is one of the world’s largest producers, distributors and recyclers of lead-acid batteries. Visit www.exideuk.co.uk to find out more.