TRW's Electric Park Brake Technology Brings Distinct Advantages to North American Market
LIVONIA, Mich., Sept. 29 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety, is seeing increased interest in its industry-leading Electric Park Brake (EPB) technology in the North American market. The EPB system functions as a conventional hydraulic brake for standard service brake applications, and as an electric brake for parking and emergency braking.
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TRW launched the first integrated caliper EPB system in 2001 and has seen steady growth of this product in Europe and Asia. In North America, adoption of this technology has lagged other regions primarily as a result of a higher percentage of automatic transmissions and drivers using their parking brake less often. However, as the technology evolves, a wide range of functional and ancillary benefits can be included at lower system cost making EPB more attractive to consumers and vehicle manufacturers. TRW now expects the penetration rate for vehicles sold in North American to approach 10 percent by 2015.
Jim Cossins, chief engineer, EPB Systems for North America, said: "TRW EPB technology goes well beyond the simple functionality of holding a vehicle in a stopped position – because it is based on electronics it can be integrated with other vehicle systems. For example, the EPB can work with a vehicle's Electronic Stability Control system in emergency stop situations to enable full four-wheel anti-lock functionality enhancing safety in an emergency braking situation.
"The EPB system, utilizing electrical cables and a control switch instead of a typical foot pedal or hand lever, simplifies routing and allows for greater freedom of design for vehicle interiors. Its smaller package becomes even more attractive as vehicle manufacturers continue to requisition vehicle space for new features and options and it can significantly reduce weight when compared to conventional park brake systems. For example, in a larger SUV/pickup popular in the North American market, an EPB system can save as much as 16 pounds versus a Drum-in-Hat rear park brake system. Furthermore, for the OEM, the assembly of the EPB system into the vehicle is much simpler and the robustness of the system can result in fewer warranty complaints."
Other benefits include an auto-apply option – if the driver were to exit the vehicle and mistakenly leave the vehicle in gear – the EPB system can be activated automatically when the driver opens the door or releases their seatbelt. This is particularly beneficial for preventing unintentional roll-away either in a driveway or at a boat launch ramp. There is also a drive away assist function which holds the vehicle in a stopped position without the need to constantly depress the brake pedal – an excellent traffic jam feature.
About TRW
With 2009 sales of $11.6 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
Forward-Looking Statements
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which can cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2009 (our "Form 10-K") and our Form 10-Q for each of the quarters ended April 2, and July 2, 2010, such as: the financial condition of our customers adversely affecting us or the viability of our supply base; disruptions in the financial markets adversely impacting the availability and cost of credit negatively affecting our business; any shortage of supplies adversely affecting us; any further material contraction in automotive sales and production adversely affecting our results, liquidity or the viability of our supply base; escalating pricing pressures from our customers; commodity inflationary pressures adversely affecting our profitability or supply base; our dependence on our largest customers; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations; limitations on available cash and access to additional capital due to our substantial debt; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans; risks associated with non-U.S. operations, including foreign exchange risks and economic and political uncertainty in some regions; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers; assertions by or against us relating to intellectual property rights; the possibility that our largest stockholder's interests will conflict with our or our other stockholders' interests; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
SOURCE TRW Automotive Holdings Corp.
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