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The world's largest commercial auto show, the Hanover Commercial Vehicle Expo (IAA2008), was unveiled on September 25th. WABCO Automotive Control Systems (NYSE: WBC), the world's leading provider of commercial automotive electronic brakes, stabilizers, suspensions and variable speed control systems, brought its full line of products to the show and introduced many new products And technology.
Of all the new products on display, OnGuardMaxTM is particularly eye-catching. OnGuardMaxTM utilizes WABCO's latest R&D results, pioneering the driver assistance technology - Automatic Emergency Brake System (AEB), which is second to none in the industry and can quickly help heavy-duty trucks catch up with dangerous situations. Automatic braking response helps drivers avoid danger and drive safely.
WABCO's new products also include: a trailer remote communication system that can help transport vehicles to improve operational efficiency; a new modular automated mechanical transmission control system (AMT) can help vehicle manufacturers and transmission manufacturers faster The company will launch products to the market; at the same time, it will also have the latest R&D and innovation achievements in the vehicle electronic control system (VEA), vehicle dynamic stability control, air management, and aftermarket. WABCO hopes to bring a wealth of products and technology solutions to improve the performance, safety, efficiency, and longevity of commercial vehicles and reduce the overall operating costs of vehicles.
“The passion for innovation, technology, and globalization is our best response to challenges, user needs, and market opportunities. WABCO's demonstration of innovation at this fair further strengthens our technological leadership. It has been growing at a level higher than the market growth rate,†said Jacques Esculier, WABCO's global CEO. “We have been keeping in close contact with users all over the world, thinking what they want and what they need.â€
The exhibition welcomed over 2,000 exhibitors from 50 countries. The exhibition area exceeded 270,000 square meters, which was the highest ever. During this time, WABCO not only demonstrated on-site the truck loaded with WABCO OnGuardMaxTM equipment, but also demonstrated the latest products and systems for users in its new testing ground. At the same time, WABCO's factory in Hanover is also open to the outside world, welcoming users to the site and experiencing WABCO's R&D, innovation and manufacturing processes.
Dr. Liu Liang, President of WABCO Asia Pacific also stated: "WABCO has been providing valuable products and trusted service guarantees to the world's major manufacturers of trucks, buses and trailers. We are WABCO's products and technologies. We are excited to improve road safety. We also attach great importance to the Chinese market and are committed to introducing the most advanced technology into China."
In the past five years, WABCO's global sales have increased by more than 10%, and in the Asia Pacific region it has grown by 17%. What is more worth mentioning is that in 2007 WABCO's sales in China increased by 100% year-on-year.
WABCO OnGuardMax - Revolutionary Driver Assistance System
WABCO Automotive Control Systems (NYSE: WBC), the world's leading provider of commercial automotive electronic brake, stability, suspension and variable speed control systems, recently exhibited its full range of commercial vehicle exhibitions in Hannover, Germany product. Among the new products, OnGuardMaxTM is particularly noticeable.
For the first time, OnGuardMaxTM applies WABCO's automatic emergency braking technology (AEB) and applies it to commercial vehicles. The system can detect, analyze and react to other vehicles that are stationary and moving. When facing the danger of rear-end collision, it can quickly make automatic braking reactions to help drivers avoid dangerous and safe driving.
OnGuardMaxTM collects information on various road conditions while driving through built-in recording equipment and laser distance sensors, and analyzes and processes these information in conjunction with AEB's advanced algorithms, making the vehicle's position and potential danger to surrounding objects during driving. The judgment is more accurate. OnGuardMaxTM maintains communication and cooperation with brake systems and vehicle engines, variable speed and stability control systems, and helps drivers avoid potential risks. According to statistics, rear-end crashes and chain collisions account for nearly half of commercial vehicle traffic accidents, and the emergence of OnGuardMaxTM will also greatly improve road traffic safety.
Jacobs Esculier, CEO of WABCO, said: "We have always been committed to bringing our innovative products and technologies to our customers and enhancing road safety. We have been actively developing groundbreaking driver assistance systems, from automatic cruise control systems ( ACC), Collision Warning System (CMS), to the latest Automatic Emergency Brake System (AEB)."
WABCO also held a demonstration of the OnGuardMaxTM real car at the Expo site. Many visitors have witnessed its shocking function. Many customers also expressed strong interest in this technology.
Dr. Liu Liang, President of WABCO Asia Pacific also stated: "WABCO has been providing valuable products and trusted service guarantees to the world's major manufacturers of trucks, buses and trailers. We are WABCO's products and technologies. We are excited to improve road safety. We also attach great importance to the Chinese market and are committed to introducing the most advanced technology into China."
About WABCO
WABCO is the world's leading provider of commercial automotive electronic braking, stabilization, suspension and variable speed control systems. Clients include the world's leading manufacturers of commercial trucks, trailers, passenger cars and cars. Founded in the United States in 1869, the Westinghouse Air Brake Company was the predecessor of WABCO. It was acquired by American Standards Corporation in 1968, and it has been separated from US standards companies in 2007. The company is headquartered in Brussels, Belgium. It has 31 offices and production sites around the world and employs more than 7,700 people. In 2007, WABCO's global sales were US$2.4 billion. Now WABCO is an independent listed company listed on the New York Stock Exchange under the symbol WBC.
About WABCO Technology
WABCO's industry-leading technology continues to drive innovations in electronic control systems, including braking, variable speed, and air suspension systems. Its milestone contribution to the industry is the best interpretation:
In 1981, the first heavy truck anti-lock braking system (ABS) was born
In 1986, the first commercial vehicle electronically controlled air suspension system (ECAS) was born
In 1986, the first commercial vehicle automatic transmission control system was born
In 1996, the birth of the first electronic braking system (EBS)
In 2001, the first commercial vehicle electronic stability control system (ESC) was born
In 2008, the first commercial vehicle collision warning system (CMS) with automatic braking function was born
In 2008, the first commercial vehicle's automatic emergency braking system (AEB) was born