BRUSSELS, Belgium, March 02, 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, was recognized for its extraordinary performance by Daimler AG. WABCO received the Daimler Supplier Award 2016 in the category Partnership. Headquartered in Germany, Daimler Trucks is the world’s leading manufacturer of commercial vehicles.
Daimler Trucks annually recognizes its top supplier performance as measured in quality, costs, delivery reliability, and innovation. The commercial vehicle manufacturer selected WABCO for its outstanding commitment in a global system partnership with Daimler Trucks in terms of electronic brake systems, safety features, and powertrain components.
“Safety, efficiency and connectivity - WABCO and its technologies improve our trucks in all three aspects,” said Dr. Marcus Schoenenberg, Vice President Procurement Daimler Trucks and Buses. “The WABCO team always meets its commitments, even in challenging times. I have rarely met a partner who understands the value of joint success as well as WABCO does. That is what strategic partnership is all about.”
“It is an incredible honor to receive Daimler’s top Supplier Award on behalf of the entire WABCO team worldwide,” said Jacques Esculier, WABCO Chairman and Chief Executive Officer. “Our passion to build on more than 50 years of strategic partnership with Daimler Trucks burns stronger than ever as we contribute industry-leading safety and efficiency technologies. The Daimler Supplier Award 2016 powerfully demonstrates our sustained differentiation as a supplier in the dynamic commercial vehicle industry.”
For more information on the Daimler Supplier Award 2016 please read Daimler's press release HERE.
About WABCO
WABCO (NYSE:WBC) is a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough innovations for advanced driver assistance, braking, stability control, suspension, transmission automation and aerodynamics. Partnering with the transportation industry as it maps a route toward autonomous driving, WABCO also uniquely connects trucks, trailers, cargo, drivers, business partners and fleet operators through advanced fleet management systems and mobile solutions. For five consecutive years, Institutional Investor named WABCO among the “Top 3” in its sector for “Best CEO.” WABCO reported sales of $2.8 billion in 2016. Headquartered in Brussels, Belgium, WABCO has 13,000 employees in 40 countries. For more information, visit www.wabco-auto.com.
WABCO media contact
Nina Friedmann, +49 69 719 168 171, wabco@klenkhoursch.de
WABCO investors and analysts contact
Christian Fife, +1 248 270 9290, christian.fife@wabco-auto.com