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Balance Sheet Cash Flow Statement Chaussée de Wavre, 1789 1160 Brussels, Belgium Tel. +32-2-663-98-00 Fax +32-2-675-43-42 |
Type: Public
On the web:
http://www.wabco-auto.com
Employees:
7,200
Employee growth: (6.5%)
Before WABCO, it was impossible to stop a train in an emergency. The company's founder, George Westinghouse, invented the air brake in 1868. The global auto parts maker designs and sells braking, stability, suspension, and transmission control systems for heavy-duty trucks, trailers, buses, SUVs, and luxury cars, such as AUDI and Mercedes-Benz. It also makes shock absorbers, cruise control components, and tire pressure monitors. The company's products are sold directly to auto and component manufacturers, including Ford, GMC, Nissan, Volvo, and Volkswagen, while spare parts are sold through independent aftermarket dealers. WABCO gets about three-quarters of its sales in Europe.
Key numbers for fiscal year ending December, 2008:
Sales: $2,588.0M
One year growth: 7.1%
Net income: $213.3M
Income growth: 70.1%
Officers:
Chairman and CEO: Jacques Esculier
SVP and CFO: Ulrich Michel
CTO: Christian Wiehen
Competitors:
Bendix Commercial Vehicle Systems
China FAW
Haldex
