BRUSSELS, July 16 /PRNewswire-FirstCall/ -- WABCO Holdings Inc. (NYSE:
WBC) today announced that WABCO-TVS (India) Ltd. has earned a "Zero PPM"
quality award (zero defective parts-per-million) from Tata Motors, the
largest manufacturer of commercial vehicles in India and the world's second
largest bus manufacturer as well as fourth largest truck manufacturer. Tata
Motors has now increased worldwide sales of commercial vehicles by 46
percent over a three-year period to more than 312,000 units annually.
WABCO-TVS provides Tata Motors with pneumatic anti-lock braking systems
and complete air brake systems for commercial vehicles. This award commends
the consistently excellent quality and reliability of the products supplied
by all of WABCO-TVS's manufacturing facilities located in India. The award
focuses on a performance period over the past three years. Mr. T.
Rajagopalan, WABCO-TVS General Manager Original Equipment Sales, accepted
the award from Mr. S.B. Borwankar, Plant Head, Tata Motors, Jamshedpur
Plant, at the "Vendor Awards Ceremony 2008" recently held in Jamshedpur.
"As a leading global manufacturer of commercial vehicles, we are
committed to setting and sustaining the industry's highest requirements for
quality and reliability," said Anil Singh, General Manager, Materials, Tata
Motors, Jamshedpur Plant. "WABCO-TVS has demonstrated a track record of
superlative results over a prolonged period of production volume growth.
Our "Zero PPM" quality award acknowledges that WABCO-TVS has achieved the
ultimate goal of supplying defect-free products on a continuous basis."
"This award from Tata Motors marks our ability to deliver products with
top-notch quality at increasingly higher volumes, year in, year out," said
Nikhil Varty, WABCO Vice President, Compression and Braking. "Tata Motors
has an aggressive roadmap for defect-free products and we are passionate
about sustaining our mutual success through excellence in quality."
As recently reported, WABCO-TVS has expanded its global capabilities in
India by opening a new manufacturing facility in Jamshedpur and another one
in Mahindra World City, near Chennai where the company owns its third
factory located in India.
WABCO-TVS (India) Ltd. is an affiliate of WABCO and its joint venture
partner, members of the TVS Group.
About WABCO
WABCO Vehicle Control Systems is one of the world's leading providers
of electronic braking, stability, suspension and transmission automation
systems for heavy duty commercial vehicles. Customers include the world's
leading commercial truck, trailer, and bus manufacturers. Founded in the
U.S. in 1869 as Westinghouse Air Brake Company, WABCO was acquired by
American Standard in 1968 and spun off in 2007. Headquartered in Brussels,
Belgium, WABCO employs more than 7,700 people in 31 countries worldwide. In
2007, WABCO's total sales were $2.4 billion. WABCO is a publicly traded
company and is listed on the New York Stock Exchange with the stock symbol
WBC. Website: http://www.wabco-auto.com
About the TVS Group
The TVS Group, one of India's most respected business conglomerates, is
a leading supplier to the automotive sector. Founded in 1911 as a transport
company, it aligned business opportunities with steady growth, expansion
and diversification. Today the Group comprises over 30 operating companies
with strong presence in manufacturing Motorcycles, Scooters, Automotive
Components, Automotive Dealerships, Logistics, Finance, Insurance and
Electronics. These diverse business entities have taken the Group's
presence across the globe and employ more than 40,000 people.
http://www.tvsiyengar.com.
Media contact
Tobias Mueller, +49-69-7191-6834, tobias.mueller@klenkhoursch.de
Investors and financial analysts contact
Mike Thompson, +32-2-663-9854, mike.thompson@wabco-auto.com
Jason Campbell, +1-732-369-7477, jason.campbell@wabco-auto.com
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SOURCE WABCO Holdings Inc.
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CONTACT:
Media contact: Tobias Mueller,
+49-69-7191-6834, tobias.mueller@klenkhoursch.de. Investors and
financial analysts contact: Mike Thompson, +32-2-663-9854,
mike.thompson@wabco-auto.com; Jason Campbell, +1-732-369-7477,
jason.campbell@wabco-auto.com
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