Last $105.57 USD
Change Today -0.50 / -0.47%
Volume 185.5K
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Company Description

Contact Info

Chaussee de Wavre, 1789

Brussels, 1160

Belgium

Phone: 32 2 663 98 00

Fax: 32 2 675 43 42

WABCO Holdings Inc. provides electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. The company manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems. Products and Services The company develops, manufactures, and sells advanced braking, stability, suspension and transmission control systems primarily for commercial vehicles. The company’s major products are pneumatic anti-lock braking systems (ABS), electronic braking systems (EBS), automated manual transmission systems, air disc brakes, and a large variety of conventional mechanical products, such as actuators, air compressors and air control valves for heavy and medium-sized trucks, trailers and buses. The company also supplies advanced electronic suspension controls and vacuum pumps to the car and SUV markets in Europe, North America and Asia. The company sells replacement parts, diagnostic tools, training and other services to commercial vehicle aftermarket distributors, repair shops, and fleet operators and provides remanufacturing services. The company delivers hydraulic as well as pneumatic ABS with ESC systems for manufacturers of commercial vehicles of all sizes from Class 5 to Class 8, offering the comprehensive portfolio of stability control solutions. In 2012, the company introduced OnLane, a lane departure warning system (LDWS) for trucks and buses. OnLane increases vehicle safety by providing the driver with visual and acoustic warnings or an optional seat-vibration warning, in case of unintentional lane departure. Also in 2012, the company acquired Ephicas, a company in the field of aerodynamic solutions for commercial vehicles. The company is developing a range of aerodynamic products, branded OptiFlow, that are designed to increase vehicle efficiency and reduce fuel consumption for trucks, trailers and buses. In 2011, the company signed contracts with European commercial vehicle manufacturers to deliver its new c-comp clutchable air compressor technology. The c-comp technology optimally disengages a truck or bus air compressor from the engine when the vehicle's air system reaches full pressure, allowing for fuel savings up to 264 gallons (1,000 liters) on long haul applications while reducing the vehicle's carbon dioxide emissions. Strategy The company’s strategy is focused on four key platforms, helping further differentiation in the market place: technology innovation, geographic expansion, aftermarket growth and opportunistic automotive application of its products and systems. Joint Ventures The company uses joint ventures to expand and enhance its access to customers. The company’s important joint ventures are as follows: a majority-owned joint venture (90%) in Japan with Sanwa-Seiki (WABCO Japan, Inc.) that distributes the company's products in the local market; 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; a majority-owned joint venture (70%) with Guangdong FUWA Heavy Industry Co., Ltd., (FUWA) to produce air disc brakes for commercial trailers in China; 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; a 50% owned joint venture in North America with Meritor, Inc. (Meritor WABCO) that markets ABS and other vehicle control products; and a 49% owned joint venture in South Africa with Sturrock & Robson Ltd (WABCO SA), a distributor of braking systems products. 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 and Volvo. Other key 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). Significant Events In March 2014, WABCO Holdings Inc. announced that it has formed a strategic alliance with SmartDrive Systems. This new alliance enables WABCO to expand its fleet management solutions to commercial vehicle fleets in North America. In April 2014, In Q1 2014, WABCO announced that it had acquired Transics International N.V., a market leader in Europe of fleet management solutions headquartered in Ypres, Belgium. 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.

 

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