WABCO extends agreement to supply automated manual transmission control technology to a major OEM
WABCO Holdings Inc. announced that it has extended its long-term agreement to supply automated manual transmission (AMT) control technology for a leading global original equipment manufacturer, which is headquartered in Europe. WABCO did not name the OEM. Under this extended agreement which is valued at over $500 million, WABCO will continue to supply this global
WABCO headquarters to be built in Auburn Hills, Michigan; slated to open in Q3
WABCO Holdings Inc. announced that its new headquarters for the Americas will be located in Auburn Hills, Mich. The facility is currently under construction and is expected to open in the third quarter of 2018. The new, 102,000 sq.-ft. facility will house approximately 200 employees when it opens, including employees who are currently located at
A Q&A with WABCO President Jon Morrison on air disc brakes
Air disc brakes (ADBs) have steadily carved out a bigger piece of the braking market for themselves over the past few years. The growth of ADBs has been steady and is showing no signs of slowing down; if anything, we should expect an increase in ADB market share, thanks in no small part to the
Peterbilt to offer WABCO OnGuardActive on its medium-duty trucks
Peterbilt Motors Co. announced the availability of WABCO’s OnGuardActive safety system on its medium-duty Models 348, 337 and 220. OnGuardActive is an advanced driver assistance system that provides the driver with acoustic, visual and haptic alerts in potentially dangerous situations. The system will also engage the braking system to prevent a collision with a moving
WABCO launches ProVia budget spare parts brand
WABCO has launched ProVia, a new budget spare parts brand ProVia. According to the company, ProVia will help customers to bridge the gap between parts of questionable origin and premium aftermarket parts, striking a balance between safety, reliability and cost. ProVia products highlighted by WABCO include: Brake pads: ProVia brake pads cover the most commonly
WABCO invests in Nikola Motor Co.
WABCO Holdings Inc. announced that it has made a $10 million strategic investment in Nikola Motor Co., a maker of hydrogen-electric vehicles, vehicle components, energy storage systems and electric vehicle drivetrains. In addition to the strategic investment, WABCO and Nikola signed an agreement to accelerate the development of safety technologies specifically designed for electric commercial
WABCO launches OnSide blind spot detection system
WABCO introduced the OnSide blind spot detection system for commercial trucks and trailers. The radar-based system alerts drivers of the presence of a moving vehicle in a truck’s blind spot and provides a side collision warning to reduce the risk of accidents. WABCO OnSide helps improve commercial vehicle safety by alerting drivers to the potential
WABCO launches OnLaneAssist advanced driver assistance system
WABCO introduced OnLaneAssist active steering technology for WABCO’s portfolio of Advanced Driver Assistance Systems (ADAS). WABCO’s OnLaneAssist helps improve commercial vehicle safety and driver comfort by avoiding collisions related to unintentional lane departures, WABCO said. The launch follows WABCO’s recent acquisition of steering technology supplier R.H. Sheppard Co., and the signing of a cooperation agreement
WABCO completes acquisition of R.H. Sheppard
WABCO Holdings Inc. has completed the acquisition of RH Sheppard Co., Inc., a supplier of steering technologies for commercial vehicles. This follows the successful conclusion of the required regulatory review. Sheppard currently offers a suite of power-steering gears that has set the industry standard for heavy-duty commercial and specialty vehicles. Employing more than 900 people
WABCO buys out Meritor WABCO joint venture
WABCO Holdings Inc. has signed an agreement to purchase Meritor, Inc.’s stake in the Meritor WABCO joint venture business. WABCO’s purchase price is $250 million. The transaction is expected to close on Oct. 1, and immediately prior to closing, Meritor will receive a final closing partnership distribution. With the agreement to take full control of the