Press release from Marketwire
WABCO Secures Agreement to Supply Hydraulic Anti-Lock Braking Technology to Agrale, a Major Manufacturer of Commercial Vehicles in Brazil
Tuesday, June 25, 2013
WABCO Secures Agreement to Supply Hydraulic Anti-Lock Braking Technology to Agrale, a Major Manufacturer of Commercial Vehicles in Brazil07:00 EDT Tuesday, June 25, 2013
BRUSSELS, BELGIUM--(Marketwired - June 25, 2013) - 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 entered into an agreement with Agrale, a major original equipment manufacturer based in Brazil and Argentina, to supply innovative hydraulic anti-lock braking (ABS) technology for Agrale's full range of light commercial vehicles that use hydraulic brakes.
As of 2013, new vehicle and road safety legislation in Brazil is in effect. It mandates ABS on 40 percent of trucks, buses, trailers and passenger cars manufactured during 2013. From January 2014, all such vehicles must have ABS installed. Light duty vehicles (less than 6 tons gross weight) normally use hydraulic braking systems whereas heavier vehicles typically deploy pneumatic systems.
"As the leading supplier of technologies and control systems for the safety and efficiency of commercial vehicles in South America, WABCO is proud to enter the hydraulic ABS market together with Agrale while also providing world-class technical support," said Reynaldo Contreira, WABCO South America Business Leader. "As our industry's leading supplier of anti-lock braking systems, WABCO also has the global connectivity to seize market growth driven by current and future regulations for compulsory ABS in different regions of the world."
In 1981, WABCO pioneered ABS for commercial vehicles. It prevents locking of a vehicle's wheels when road friction is insufficient to transmit braking forces, thus helping to maintain vehicle steering control and enabling safe braking, for example, in slippery road conditions.
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.
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