WABCO Secures Orders to Supply Anti-Lock Braking Systems from Six Major Trailer
Manufacturers in Brazil
BRUSSELS, BELGIUM -- (Marketwire) -- 01/29/13 -- WABCO Holdings Inc.
(NYSE:WBC), (www.wabco-auto.com) a global technology leader and
tier-one supplier to the commercial vehicle industry, today announced
that it has won contracts to provide anti-lock braking systems (ABS)
to six of Brazil's leading trailer manufacturers.
From January 1, 2013, new legislation by the Brazilian federal
government to further increase vehicle and road safety took effect.
It mandates that 40 percent of commercial vehicles produced by each
original equipment manufacturer (including trailer manufacturers)
during 2013 must be equipped with ABS. As of January 2014, all new
trucks, buses and trailers must have ABS installed.
Trailer manufacturers that placed recent orders with WABCO in Brazil
include Facchini, Guerra, Rodofort, Usicamp and two other leading
local manufacturers. Together, these companies supply around 45
percent of the new trailers manufactured in Brazil, the single
largest market in South America.
"As the leading supplier of technologies and control systems for the
safety and efficiency of commercial vehicles in South America, WABCO
welcomes the opportunity to support these major trailer manufacturers
in their response to the new legislation," said Reynaldo Contreira,
WABCO South America Business Leader. "In each case, WABCO provided
them with technical support and a high degree of local customization
of WABCO's industry-leading trailer ABS systems to fulfill their
WABCO's ABS for trailers maximizes the effectiveness of the trailer's
brakes on all types of road surfaces in all weather conditions. It
prevents the locking of the trailer's wheels when road friction is
not sufficient to transmit braking forces, enabling braking to take
place effectively and safely when road conditions are wet, muddy or
WABCO pioneered ABS for commercial vehicles, launching the first
system of its kind into volume production in 1981, followed by the
launch of ABS specifically for trailer applications in 1989. As of
2012, WABCO continues to be the global market leader for ABS
installed on trailers with over 3.5 million systems in the market.
world's leading supplier of anti-lock braking systems, WABCO
is uniquely equipped to support truck, bus and trailer manufacturers
in Brazil," said Nikhil Varty, WABCO President, Americas. "As well as
addressing the challenge of improving vehicle and road safety with
its technologies, WABCO offers its customers the additional benefits
of local application engineering, installation, release testing,
homologation and training support."
WABCO (NYSE:WBC) is a leading global supplier of technologies and
control systems for the safety and efficiency of commercial vehicles.
For over 140 years, WABCO has pioneered breakthrough electronic,
mechanical and mechatronic technologies for braking, stability and
transmission automation systems supplied to the world's leading
commercial truck, trailer and bus manufacturers. With sales of $2.8
billion in 2011, WABCO is headquartered in Brussels, Belgium. For
more information, visit www.wabco-auto.com.
WABCO Holdings Inc.
+49 69 7191 6834
Investors and analysts contact
WABCO Holdings Inc.
+1 732 369 7477
Press spacebar to pause and continue. Press esc to stop.