WABCO Holdings Inc. provides electronic, mechanical and mechatronic products for the manufacturers of commercial trucks, buses, trailers and passenger cars. The company develops, manufactures, and sells control systems, including advanced braking, stability, suspension, transmission automation, as well as air compression and processing. The company also supplies products for applications in passenger cars and sports utility vehicles (SUVs). The company’s main products are pneumatic anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), automated manual transmission systems, air disc brakes, and conventional mechanical products, such as actuators, air compressors and air control valves for heavy and medium-sized trucks, buses and trailers. The company also supplies advanced electronic suspension controls and vacuum pumps to the passenger car and SUV markets in Europe, North America and Asia. In addition, the company supplies commercial vehicle aftermarket distributors and service partners, as well as fleet operators with replacement parts, fleet management solutions, diagnostic tools, training and other expert services. The company also provides remanufacturing services worldwide. In 2014, the company acquired Transics International, a provider of fleet management solutions in Europe. This acquisition aligns with a WABCO strategic objective to expand business relationships with fleets worldwide. In 2014, the company introduced its TX-TRAILERGUARD fleet management solution, marking the first production integration after WABCO acquired Transics. In 2014, the company announced mBSP, its modular braking system platform. It enables commercial vehicle manufacturers worldwide to interchangeably equip their diverse global truck and bus platforms with ABS or EBS systems based on regional market or regulatory requirements. In 2014, the company introduced OptiPace, its predictive economic cruise-control technology for trucks and buses. OptiPace uses on-board digital map technology and proprietary algorithms to anticipate and adapt the vehicle's most economic speed based on the road topography ahead, which enables fuel economy. In addition, the company unveiled in 2014 its OptiFlow Tail solution, an aerodynamic product that helps to improve fuel economy and operational efficiency of trailers in Europe. The company supplies advanced emergency braking systems (AEBS) homologated in Europe in accordance with European Union regulations. It detects moving, decelerating and stationary vehicles ahead; and alerts the driver via acoustic, visual and haptic signals. OnGuardPLUS autonomously applies the brakes and can bring the vehicle to a complete stop, helping to prevent or mitigate rear-end collisions. Customers The company sells its products primarily to four groups of customers worldwide: truck and bus OEMs, trailer OEMs, commercial vehicle aftermarket distributors for replacement parts and services, and major car manufacturers. The company’s major customer is Daimler, which accounted for approximately 11% of sales in 2014. Volvo, its another customer, accounted for approximately 10% of its sales in 2014. The company’s other customers include Ashok Leyland; BMW; China National Heavy Truck Corporation (CNHTC); Cummins; Fiat (Iveco); Hino; Hyundai; Krone; MAN Nutzfahrzeuge AG (MAN); Meritor; Meritor WABCO (a joint venture); Paccar (DAF Trucks N.V. (DAF), Kenworth, Leyland and Peterbilt); First Automobile Works; Otto Sauer Achsenfabrik (SAF); Scania; Schmitz Cargobull AG; TATA Motors; and ZF Friedrichshafen AG (ZF). Strategy The company’s growth strategy is focused on four platforms, which help to further differentiate WABCO within the global commercial vehicle industry: technology innovation, geographic expansion, aftermarket growth and opportunistic automotive application of its products and systems. Joint Ventures The company’s joint ventures are as follows: The company has a majority-owned joint venture (90%) in Japan with Sanwa-Seiki (WABCO Japan, Inc.) that distributes WABCO's products in the local market. The company formed a majority-owned (70%) partnership in the United States with Cummins Engine Co. (WABCO Compressor Manufacturing Co.), a manufacturing partnership formed to produce air compressors designed by the company. The company formed a majority-owned joint venture (70%) with Guangdong FUWA Heavy Industry Co., Ltd., (FUWA) to produce air disc brakes for commercial trailers in China. FUWA is the manufacturer of commercial trailer axles in China and worldwide. The company has a 50% owned joint venture in Germany with Wurth Group (WABCOWURTH Workshop Services GmbH) that supplies commercial vehicle workshops, fleet owners and operators and end users internationally with multi-brand technology diagnostic systems. The company has a 50% owned partnership in North America with Meritor, Inc. (Meritor WABCO) that markets ABS and other vehicle control products. The company has a 49% owned partnership in South Africa with Sturrock & Robson Ltd (WABCO Automotive South Africa), a distributor of braking systems products. Competition The company’s principal competitors are Knorr-Bremse (Knorr's U.S. subsidiary is Bendix Commercial Vehicle Systems), and in certain categories, Haldex. History WABCO Holdings Inc. was founded in the United States in 1869.
wabco holdings inc (WBC:New York)
Chaussée de Wavre, 1789
Phone: 32 2 663 98 00
Fax: 32 2 663 98 96www.wabco-auto.com
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