WABCO Holdings Inc., a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, provided an update yesterday on its strategies to deliver differentiating shareholder value creation at its Investor Day.
The theme of the business update was “Sustaining Differentiation,” focusing on WABCO’s roadmap to serve the industry as it converges on a vision for commercial vehicles to become increasingly more autonomous, connected and productive.
“WABCO is proud to be at the vanguard of technology innovation to serve both vehicle manufacturers and fleet operators,” said Jacques Esculier, WABCO chairman and CEO. “Sustaining differentiation is at the heart of our company’s global, high-performance culture and the driving force behind our innovation pipeline. As we welcome investors and analysts today in New York, we will outline WABCO’s strategies that underpin its commitment to continue to deliver value creation for our shareholders.
“As our industry enters a new dynamic era, WABCO remains focused on our proven strategies of technology leadership, globalization and excellence in execution to deliver shareholder value. Our aim is to further the industry’s vision for safer, more efficient and connected commercial vehicles through innovating key technologies that will ultimately enable key milestones towards fully autonomous driving,” said Esculier.
Speakers at the Investor Day were:
- Jacques Esculier, chairman and CEO
- Alexander De Bock, interim chief financial officer
- Jorge Solis, president, Truck, Bus and Car Original Equipment Manufacturers Division
- Nick Rens, president, Trailer, Aftermarket and Off-Highway Division
- Christian Brenneke, vice president of engineering
Technology Leadership and Innovation
WABCO highlighted how its technologies and services help advance vehicle safety and fleet productivity. The company says early anticipation, constant innovation and unique ability to frugally re-engineer its existing portfolio exemplify why commercial vehicle makers view WABCO as their supplier of choice, resulting in increasing adoption of WABCO technology worldwide, according to the company.
WABCO says it is supporting the development of self-driving commercial vehicles, through active braking, active steering, electronic stability control and other advanced driver assistance systems. As part of that strategy, WABCO announced in August an agreement to acquire RH Sheppard Co. Inc, a key supplier of commercial vehicle technologies, with vehicle steering capabilities, based in Hanover, Pennsylvania, and a cooperation agreement with Nexteer Automotive, a global leader in intuitive motion control, headquartered in Auburn Hills, Michigan. These developments will enable WABCO to offer a cost-effective, breakthrough technological solution that enables active steering control for commercial vehicle manufacturers in North America and beyond.
Reflecting the advancement toward vehicle electrification, WABCO also said it is continuing to expand its portfolio of products to meet increasing demand for green and new energy vehicles.
Furthermore, as commercial vehicles become more connected to the Internet of Things, WABCO says it also aims to empower commercial fleets to become more productive through offering fleet management solutions and big data capabilities to support them in streamlining their operating costs.
Returning Value to Shareholders
WABCO is firmly on a path to provide a differentiated offering to its customers around the globe. With a rich reservoir of organic growth, a relentless drive to generate productivity, and unique capability in frugal engineering, WABCO says it is reiterating its commitment to outperform the commercial vehicle market by 6 to 10 percent over a five-year period.