Brembo wins Toyota contract for new Lexus model

Fri Apr 13, 2007 7:10am EDT

MILAN, April 13 (Reuters) - Italian auto parts maker Brembo (BRBI.MI) said on Friday it had won a deal with Toyota Motor (7203.T) to supply parts for a new model under the Japanese automaker's Lexus premium brand.

Brembo said in a statement it would make the braking system for the Lexus IS-F 350, production of which is scheduled to begin in the second quarter of the year.

Brembo Chairman Alberto Bombassei said he expected the contract to give a boost to revenues this year.

The contract is Brembo's first with Toyota.

Its stock was up 2.83 percent at 10.54 euros in Milan.

((Reporting by Gilles Castonguay, editing by Quentin Bryar; Reuters Messaging: gilles.castonguay.reuters.com@reuters.net; +39 02 6612 9507; fax +39 02 801 149; milan.newsroom@news.reuters.com)) Keywords: BREMBO TOYOTA/

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