Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,262.56 89.32 0.55%
S&P 500 1,842.98 12.37 0.68%
NASDAQ 4,034.16 11.47 0.29%
Ticker Volume Price Price Delta
STOXX 50 3,125.94 34.42 1.11%
FTSE 100 6,571.02 29.41 0.45%
DAX 9,267.73 94.02 1.02%
Ticker Volume Price Price Delta
NIKKEI 14,417.68 420.87 3.01%
TOPIX 1,166.55 30.46 2.68%
HANG SENG 22,696.01 24.75 0.11%

WABCO Supplies Breakthrough Air Compression Technology for Trucks at Ford Otosan; Expands Agreement with Turkey's Largest


WABCO Supplies Breakthrough Air Compression Technology for Trucks at Ford Otosan; Expands Agreement with Turkey's Largest Manufacturer of Commercial Vehicles

BRUSSELS, BELGIUM -- (Marketwired) -- 08/07/13 -- 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 expanded its long-term supply agreement with Ford Otosan, Turkey's largest manufacturer and exporter of commercial vehicles. The expanded agreement adds the supply of WABCO's breakthrough c-comp(TM) air compressor with integrated clutch for series production in 2015 to support Ford Otosan's current and new platforms of heavy duty trucks.

WABCO's c-comp features the industry's most compact compressor design available, combining high performance and best-in-class efficiency. WABCO's breakthrough technology also supports engines that meet upcoming EURO VI emission standards, contributing to improved environmental sustainability.

The new contract between Ford Otosan and WABCO expands their partnership that began more than 10 years ago, with WABCO supplying a broad portfolio of braking, air management and electronic suspension technologies and systems to support series production of Ford Otosan's trucks.

"This significant new contract with Ford Otosan further demonstrates WABCO's technology leadership as yet another major global truck manufacturer adopts our industry-leading air compressor with integrated clutch for volume production," said Mike Thompson, WABCO Vice President, Compression and Braking. "We are proud to expand our partnership with Ford Otosan as we continue to help sustain their success through WABCO innovations that improve vehicle efficiency and performance while also providing clean air solutions."

Ford Otosan has a long track record of market leadership in Turkey and in 2012 the company accounted for 60 percent of the country's total commercial vehicle exports. Ford Otosan exports heavy duty trucks to 30 countries in Europe, Asia and Africa.

About WABCO

WABCO (NYSE:WBC) is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough electronic, mechanical and mechatronic technologies for braking, stability and transmission automation systems supplied to the world's leading commercial truck, bus and trailer manufacturers. With sales of $2.5 billion in 2012, WABCO is headquartered in Brussels, Belgium. For more information, visit www.wabco-auto.com. Contacts: Media contact Tobias Mueller +49 69 7191 6834 tobias.mueller@klenkhoursch.de

Investors and analysts contact Christian Fife +1 732 369 7465 christian.fife@wabco-auto.com

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement