WABCO Signs Largest Ever Contract in South Korea

WABCO Holdings Inc. (NYSE: WBC), a global supplier of technologies and services that are designed to improve the safety, efficiency and connectivity of commercial vehicles, announced its largest ever contract in South Korea. Under the long-term agreement with Hyundai Motor Company, South Korea’s leading manufacturer of commercial vehicles, WABCO will supply its breakthrough MAXX™ single-piston air disc brake technology for series production on Hyundai’s new medium-duty trucks starting in August 2019.

Hyundai Motors will now become the first manufacturer to adopt ADB technology on all axles as standard on medium-duty trucks in the South Korean market. Significantly reducing brake noise, Hyundai Motor’s new range of medium-duty trucks will be equipped with WABCO’s MAXX19 ADB featuring a specially customized new brake pad solution.

“Further enhancing the safety, efficiency and market competitiveness of Hyundai Motor’s new medium-duty trucks, I am pleased that we are leading the way in the South Korean market by adopting WABCO’s high-performance air-disc brakes as a standard feature,” said Young Duk Tak, Hyundai Motor Company Executive Vice President.

“Representing our largest ever contract in South Korea, this ground-breaking air disk brake agreement builds on the success of over two decades of working in close partnership with Hyundai Motor Company,” said Sujie Yu, WABCO President, APAC and Business Leader, China. “Building on WABCO‘s strategy of technology leadership, globalization and excellence in execution, we are successfully leveraging WABCO‘s localized engineering capability, market intimacy and cost-competitive supply chain across the region to deliver affordable technologies, customized solutions and differentiating value for local original equipment manufacturers.“

 

Category: Breaks, Suspensions & Chassis, Featured, General Update, News