much on references to primary sources . please improve this by adding secondary or tertiary sources . july 2011 learn how and when to remove this template message wabco holdings inc. type public nyse wbc industry component manufacture and supply for commercial vehicles predecessor trane inc. s vehicle control systems division founded in 2007 as spin off of trane s vehicle control systems division headquarters piscataway nj united states area served worldwide 34 countries key people jacques esculier ceo products electronic braking systems stability systems suspension systems transmission automation systems services customized aftermarket solutions and dedicated support for fleet operators maintenance workshops and distribution partners revenue usd 2.72 billion 2013 operating income usd 332 million 2013 net income usd 653 million 2013 number of employees 11000 website http www.wabco auto.com wabco holdings inc. is a provider of electronic braking stability suspension and transmission automation systems for heavy duty commercial vehicles . their products are present in many commercial vehicles as truck bus trailer and off highway vehicles but only fill niche roles . 1 2 contents 1 history 2 notable products 3 markets 4 see also 5 references history edit westinghouse air brake company was founded in 1869 . part of that company was acquired by american standard in 1968 and were designated as american standards vehicle control systems division . american standard changed its name to trane inc. and on july 31 2007 trane spun off its vehicle control systems as wabco holdings inc via a special dividend to its shareholders . the owners of trane inc. stock received one share of wabco holdings for every three shares of trane inc which they held . 3 trane inc. was acquired by ingersoll rand the following year . 4 notable products edit wabco holdings key product groups are brake actuators air compressor air management foundation brake anti lock braking conventional braking electronic braking air suspension transmission automation vehicle electronic architecture stability control support . 5 6 markets edit major customers for wabco holdings are commercial and consumer vehicle oems and commercial after market parts suppliers . commercial truck and bus oems such as daimler largest customer ; 13 % of sales 2010 cummins paccar and volvo account for the majority of sales 62 % of sales 2013 . commercial after market suppliers represent a significant minority of sales 25 % of sales 2013 . trailer and consumer vehicle oems also contribute a small percentage of sales . 7 8 wabco holdings primary market is in europe 61 % of sales 2013 . they get some business from asia pacific region and much less from other regions of the world . 9 north america vehicle control system and some compressor sales and support is provided by a joint venture jv with meritor inc. formerly rockwell automotive while disc brake sales and higher margin compressor sales are handled directly by offices in rochester hills mi and charleston sc . north american operations also has a division wabco reman solutions formed to offer remanufacturing of various brands of defective automotive components as well as wabco branded defective components . see also edit wabtec another spin off from the original westinghouse air brake company . wabco vehicle control systems references edit wabco holdings . us sec form 10 k 2010 reuters . profile wabco holdings inc. retrieved july 31 2011 . wabco holdings . us sec form 10 k 2010 wabco holdings . us sec form 10 k 2010 wabco holdings . us sec form 10 k 2013 reuters . profile wabco holdings inc. retrieved july 31 2014 . wabco holdings . us sec form 10 k 2013 reuters . profile wabco holdings inc. retrieved july 31 2014 . wabco holdings . us sec form 10 k 2010 retrieved from https en.wikipedia.org w index.php title wabco holdings inc. & oldid 689523720 categories companies listed on the new york stock exchangeauto parts suppliersautomotive companies of the united stateshidden categories articles lacking reliable references from july 2011all articles lacking reliable referencespages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 7 november 2015 at 19 08 . text is available under the creative commons attribution sharealike license ; 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