TROY, MI – WABCO Holdings is upping the ante in its North American ownership, announcing this morning that it is taking full control of the he Meritor WABCO joint venture.
In a press release, WABCO Holdings said it was purchasing Meritor’s stake in the joint venture business, with a transaction that is expected to close Oct. 1.
Meritor WABCO, a distributer of WABCO products for commercial vehicles in North America, employs about 200 people and had sales of $300 million in fiscal year 2016
With this agreement, WABCO will take over the former joint venture’s application engineering and supply chain operations, including the distribution center and customer service hub in Hebron, Kentucky.
AUBURN HILLS, MI – WABCO Holdings and Nexteer Automotive are steering into the future together, announcing a long-term cooperation agreement today.
The two companies will collaborate to develop and supply active steering systems for medium- and heavy-duty commercial vehicles, and also look to work together on developing autonomous trucking technology.
BRUSSELS, BELGIUM – Wabco Holdings has signed an agreement to acquire RH Sheppard — a U.S. maker of power steering gears — securing access to a key piece of technology needed for self-driving vehicles.
SCHAUMBURG, IL – Advanced driver assistance systems like the ones that sound an alarm if you’re tailgating — or even apply vehicle brakes automatically — are proving themselves to be more than a novelty.
Schneider has already equipped 12,000 of its trucks with autonomous emergency braking systems that will act if a crash seems imminent. Related collisions have now dropped by 69% and their severity has plunged 95%, says Thomas DiSalvi, the fleet’s vice president – safety and loss prevention. “This is ready for prime time.”
The underlying technologies have clearly come a long way, according to participants in a roundtable hosted this week by the U.S. National Safety Council.
BRUSSELS, Belgium – Daimler Trucks has extended a supply agreement with WABCO for heavy-duty Automated Manual Transmission controls in North America, Europe, Japan and South America. Domestically, that affects Freightliner and Western Star brands.
LOUISVILLE, KY – WABCO has opened the doors to a new US $20-million facility in South Carolina that will for the first time give it a place to build air disc brakes in the U.S.
The 145,000-square-foot facility employs 230 people.
The manufacturing facility is 60% larger than a previous Charleston location that made air compressors, and will continue that work by producing single- and twin-cylinder models under a joint venture with Cummins, first established in 1998.
But it also has the capacity to produce about 200,000 air brake units per year, says Jon Morrison, president – Americas. In five years, he predicts the market for those products will be double what it is today, in part because of the rollout of active safety systems.
NASHVILLE, TN – The first new product has emerged in the wake of WABCO’s purchase of Laydon Composites, and it comes in the form of a self-deploying trailer boat tail.
HANNOVER, Germany – Autonomous driving took a step forward with the new collaboration of the German company with both Peloton and Mobileye.
LOUISVILLE, KY — We’re approaching an era when trucks act more like trusted co-drivers than equipment alone. Optional Collision Warning Systems and Lane Departure Systems use things like radar and cameras to watch the road and sound the alarm if a driver fails to notice a hazard or drifts into danger. Collision Mitigation Systems – or adaptive cruise controls — go a step further and actually begin to slow a vehicle before a driver reacts. And the technologies all come together in prototypes for “semi-autonomous” and “platooning” vehicles that promise at times to drive themselves.
“The vision is about providing that 360-degree cocoon around the truck, to enable the truck and the driver to operate as safely as they can,” says WABCO Americas president Jon Morrison.
AACHEN, GERMANY — Automated collision avoidance is several steps closer to reality. At a demonstration event held here on Wednesday, ZF Friedrichshafen AG and WABCO Holdings revealed a prototype collision avoidance technology for commercial vehicles called Evasive Maneuver Assist.
WABCO launches new OnLane system combined with SmartDrive driver analytics
ROCHESTER HILLS, MI — Wabco Holdings Inc. has joined the Commercial Vehicle Safety Alliance (CVSA), the international not-for-profit whose mission is to promote commercial vehicle safety and security by providing leadership on safety issues to law enforcement, industry, and policy makers.
ROCHESTER HILLS, MI — Wabco Holdings Inc. has appointed 30-year global transportation industry veteran Jon Morrison as president for its Americas business unit.
Hendrickson has partnered with WABCO to introduce a trailer air disc brake system
WABCO shows off air disc brakes for commercial trailers