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Stock impact report

WABCO Pioneers Breakthrough Air Suspension Technology for Premium Electric Sport Utility Vehicles; Remains Industry’s Sole Supplier of Electronically Controlled Air Supply Systems for Elec...

WABCO HOLDINGS (WBC) 
Last wabco holdings earnings: 2/21 07:04 am Check Earnings Report
US:NYSE Investor Relations: ir.wabco-auto.com
Company Research Source: GlobeNewswire
BRUSSELS, Belgium, Jan. 17, 2017 (GLOBE NEWSWIRE) -- WABCO Holdings Inc. (NYSE:WBC) (www.wabco-auto.com), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today announced that for the first time it will supply a major German passenger car maker with WABCO’s breakthrough electric Twin Compressor air suspension technology. WABCO is expected to equip all of the customer’s premium electric sport utility vehicles (SUVs) in global series production starting in late 2018. This new long-term supply agreement further strengthens WABCO’s leadership position as the passenger car industry’s sole supplier of electronically controlled air supply systems for electric-powered passenger vehicles. WABCO’s air supply system on electric vehicles lowers the body at high speeds, reducing aerodynamic drag and, therefore, improves energy consumption. It also enables intelligent lowering of the vehicle when parked to optimiz Show less Read more
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