WABCO Inks Big Deal to Supply Vacuum Pumps to Large China Car Maker
WABCO Holdings Inc. (NYSE: WBC), a leading global supplier of technologies for commercial vehicles, has reported details of its new multi-year supply agreement with Geely, one of China’s largest automobile manufacturers and owner of Volvo passenger cars.
Details show that WABCO will supply the vast majority of vacuum pumps for Geely cars and sport-utility vehicles in the Chinese market, starting in 2019.
WABCO will provide this original equipment manufacturer (OEM) with compact vacuum pumps that feature modular, lightweight design and ultra-low power consumption for braking and non-braking functions on gasoline direct-injection engines. This technology, according to WABCO, “enables better fuel economy and reduced emissions.”
With more than 50 years of experience in vacuum pump design and production, WABCO currently furnishes a global base of passenger car manufacturers.
Category: General Update