WABCO Holdings Inc. · Brussels Belgium ·(NYSE: WBC)
Company Description
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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. To read the full description, subscribe now.
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Key WABCO Holdings Inc. Financials
| Company Type | Public - NYSE: WBC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,588.0 |
| 2008 Employees | 7,200 |
WABCO Holdings Inc. Executives
26 executives listed for WABCO Holdings Inc.'s Brussels, location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Jacques Esculier | Network |
| SVP and CFO | Ulrich Michel | Network |
| CIO | Peter Bal | Network |
Competition
Competitive Landscape for WABCO Holdings Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top WABCO Holdings Inc. Competitors
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