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Sina Automotive News October 31, 2007 Qingdao, China - Today, WABCO Automotive Control Systems (NYSE: WBC), the world's leading supplier of electronic automotive brake, stabilizer, suspension and variable speed control systems, announces Its first wholly-owned production base in China was opened in Qingdao. CEOs of WABCO Global CEO Gu Jieke, Asia Pacific President Dr. Liu Liang and WABCO's key customers and partners in the Asia Pacific region attended the opening ceremony.
WABCO's Qingdao plant is its main production base in China, providing advanced commercial vehicle control systems for China and even global customers, including ABS-Antilock Braking System, air compressors and other brake products. And systems. The Qingdao factory employs 240 staff, and it is expected that the number of employees will increase to more than 1,000 by 2012; its grand opening underscores WABCO’s continued efforts to serve the regional commercial vehicle market and its determination and the importance of China as a global export platform .
At the opening ceremony, Weibo Chief Executive Officer Gu Jie may emphasize the importance of WABCO development in China and the Asia-Pacific region and pointed out: “China is the world’s largest and fastest-growing commercial vehicle market, and its output has exceeded Europe’s and In North America, the rapid growth of the market provides us with many opportunities, we will consistently introduce our advanced products and professional technologies into China, and increase investment in production facilities and human resources according to the needs of the market. The Boko Global Six Sigma Lean Production concept and value stream management concept demonstrated units that achieved high quality production and cost savings; it marked the beginning of WABCO's construction of a global supply chain. I was able to put WABCO products Technology and technology are introduced into China to support China's efforts to improve road safety and efficiency and to create a better environment."
As early as 1981, WABCO collaborated with Mercedes-Benz and for the first time jointly developed an ABS system dedicated to trucks, trailers and buses. It is also the first international manufacturer of ABS for commercial vehicles in China following the Chinese government's enactment of the mandatory ABS regulations in 2005.
Today, WABCO is one of the largest and most trusted suppliers of commercial vehicles ABS on the market. As the Secretary of the Economic and Technological Development Zone of Qingdao Municipality, Jiang Jie, said at the opening ceremony, “The development of automobiles and parts and components is the dream of more than 500,000 people in the Qingdao Development Zone over the years. WABCO Automotive Control Systems is located in our district. (China) Co., Ltd. has been committed to improving the lean production of the company and brings its advanced product technology and production management experience to China, which will greatly promote China's road safety."
As early as 1977, WABCO entered the Asia Pacific region and was one of the few international companies to enter the commercial vehicle market in the Asia Pacific region. At present, WABCO has five production bases in Asia Pacific and provides customers with world-class products and services. The customers of WABCO's Qingdao plant include China National Heavy Duty Truck, FAW, Dongfeng, Jinlong, Futian, Yutong, CIMC and Dongfeng Cummins; Nissan Diesel, Hino and Isuzu in Japan; Hyundai Motor in South Korea and Meritor WABCO in the US.
Dr. Liu Liang, President of WABCO Asia Pacific, also welcomed the guests attending the Qingdao event. He said: “Our ABS technology helps improve traffic safety. Our advanced air compressor technology reduces emissions, improves fuel economy, and supports China’s Emission standards have been raised from country 2 to country 3. All our products have made corresponding contributions to the Chinese government's sustainable development goals. We are very honored to establish close cooperation with local trucks, passenger cars and trailer manufacturers. It also serves the local needs of multinational customers. We are committed to fully understanding the needs and development trends of the local market, while meeting the needs of the vehicle and aftermarket, and implementing WABCO products and services throughout the entire vehicle life cycle."
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