Wabco Extends ZF Contract

WABCO Holdings Inc. (NYSE: WBC) has extended its long-term agreement to supply ZF with transmission automation systems for their AS Tronic and AS Tronic lite automatic transmissions. According to Wabco, the contract will be worth several hundred million dollars in cumulative sales into the next decade.

Wabco’s transmission automation systems enable a manual transmission to be operated automatically, using mechatronics that combine mechanical systems with electronics and computational algorithms for greater efficiency and reliability, the company said.

According to ZF, the AS Tronic is fully integrated transmission that offers reduced maintenance, reliability, cost-effectiveness and environmental compatibility.