Wabco signs supply deal with China truck maker
Belgian auto-parts supplier Wabco Holdings Inc. said it will supply China's largest heavy truck manufacturer with parts through 2016 in a deal worth hundreds of millions of dollars.
WABCO has supplied air management systems, braking and transmission control parts to China National Heavy Truck Corporation since 1997. The new contract expands the partnership and makes WABCO CNHTC's sole supplier of automated manual transmission systems for the life of the deal.
Over the past decade, WABCO has transformed from a European export company into a global organization that successfully adapts to the requirements of the Chinese market," said Cai Dong, CNHTC president, in a statement.
WABCO Chief Executive Jacques Esculier said the deal confirms the company's strategy of globalizing its engineering, sourcing and manufacturing capabilities.
The Brussels-based company, which specializes in safety and control systems parts for commercial vehicles, had $2.8 billion in sales in 2008.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- WABCO Shareholders Approve ZF Friedrichshafen Acquisition 2019-07-02
- Changchun WABCO Vehicle Control System Co., Ltd. Starts Operation 2019-03-01
- WABCO Signs Deal with Hyundai to Supply Advanced Techs for New Medium Trucks 2018-11-12
- Wabco Announces JV in China with FAW Jiefang for CV Safety Products 2018-09-25
- IAA 2018: WABCO to Display Industry's First Electric Trailer Prototype 2018-09-17
- Wabco Launches First Customer Care Center in North America 2018-08-03
- WABCO Signs First Deal to Export Power Steering Syetem to India Tata Motors 2018-07-16
- WABCO Achieves a New annual Record for Customer Awards and Industry Recognition 2018-06-15
- Sinotruk Extends Cooperation Agreement with WABCO on ADAS, AMT, EBS, ECAS Tech 2018-04-12
- Wabco Stood Out among Other Suppliers to Win Two Awards from Sinotruk 2018-03-15
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
