In Launching Total Product and Service Platform, Company to Be Direct Source of Braking, Stability Control, ADAS and Other Solutions for OE Service and Aftermarket Customers
AUBURN HILLS, Michigan (USA), January 22, 2019 – WABCO Holdings Inc. (NYSE: WBC), the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles, today announced it will acquire -- through termination of an existing exclusive distribution agreement -- full distribution rights for its complete aftermarket product portfolio, including WABCO-branded ABS technologies, stability control, advanced driver assistance systems (ADAS), air systems and other replacement products previously distributed by Meritor, Inc. As a result of the agreement, and for the first time in company history, the entire WABCO North American aftermarket product line, as well as all related sales, distribution, customer service and technical support, will be provided directly by WABCO in North America.
“As a single point of contact for this expanded platform, we look forward to providing our industry-leading commercial vehicle technologies through a growing network of authorized WABCO distributors and service providers throughout the North American market,” said Jon Morrison, President, WABCO Americas. “We will use this platform to deliver an enhanced customer experience for OE service providers, aftermarket parts distributors and fleets seeking to maximize uptime and reduce cost-per-mile for each asset at every stage of its ownership service lifecycle.”
WABCO’s portfolio of aftermarket lifecycle solutions, including WABCO original parts, remanufactured solutions and ProViaTM quality aftermarket products currently distributed by Meritor, include electronic stability control systems and components; hydraulic and pneumatic tractor and trailer anti-lock braking system components; WABCO OnGuard® and OnLane® ADAS systems; electronically controlled air suspension systems and parts; air dryers and cartridges, including System Saver® and ProVia series; air compressors; and other items. The company expects to begin directly distributing these products to OE service providers and aftermarket distributors in March 2020.
In addition to the products currently distributed by Meritor, WABCO offers an extensive range of replacement components and repair kits for air disc brakes, brake chambers, automatic slack adjusters, OnSide® blind spot detection systems, automated manual transmissions, aerodynamic solutions, MICO® hydraulic components and brake systems.
The company further supports customers via extensive sales and technical training, advanced diagnostic solutions, technical services and parts ordering support provided through the WABCO Customer Care Center
in Auburn Hills, Mich. Additional details on WABCO’s expanding aftermarket product portfolio and planned service enhancements for its North America customers will be previewed later this month at Heavy Duty Aftermarket Week (HDAW) ‘20 in Grapevine, Tex.
WABCO (NYSE: WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry. WABCO continues to pioneer innovations to address key technology milestones in autonomous mobility and apply its extensive expertise to integrate the complex control and fail-safe systems required to efficiently and safely govern vehicle dynamics at every stage of a vehicle’s journey – on the highway, in the city and at the depot. Today, leading truck, bus and trailer brands worldwide rely on WABCO’s differentiating technologies. Powered by its vision for accident-free driving and greener transportation solutions, WABCO is also at the forefront of advanced fleet management systems and digital services that contribute to commercial fleet efficiency. In 2018, WABCO reported sales of over $3.8 billion and has more than 16,000 employees in 40 countries.
WABCO Americas media contact:
Collin Shaw, +1 248 759 6074, email@example.com