WABCO and Sinotruk's Strategic Supply Agreement Extended to 2016
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WABCO Holdings Inc. announced on March 12 that it has signed a strategic supply agreement with China National Heavy Truck Group Co., Ltd. (abbreviation: China National Heavy Duty Auto Group). The strategic agreement between the two parties will be extended to 2016, cumulative sales. The amount will reach hundreds of millions of dollars.
WABCO became a supplier to China National Heavy Duty Truck in 1997. It will continue to supply air management products, anti-lock brakes and other braking systems and transmission control systems. The agreement further enhances the cooperation between the two parties. Before 2016, WABCO will be the sole supplier of China National Heavy Duty Truck Automatic Transmission (AMT) system. Sinotruk is the first OEM in the world to use WABCO's advanced modular AMT system in batches.