Wabco signs development and supply agreement with Ashok Leyland

Wed. August 12, 2009; Posted: 08:36 AM

Aug 12, 2009 (Datamonitor via COMTEX) -- ASQKF | Quote | Chart | News | PowerRating -- Wabco Holdings, a tier-one supplier to the commercial vehicle industry, has signed an agreement with Indian commercial vehicle manufacturer Ashok Leyland for the development of transmission automation technology and the long-term supply of automated manual transmission systems from 2010 through 2015.

Starting in 2010, Wabco will supply Ashok Leyland with its new OptiDrive modular automated manual transmission system.

According to Wabco, depending on the driver's preference, the new OptiDrive system can change gears in full automatic mode or as initiated by the driver. By shifting gears at the most efficient speed, the OptiDrive system significantly contributes to fuel economy.

Hans-Jurgen Sander, vice president of driveline control at Wabco, said: "Our long term agreement with Ashok Leyland marks another milestone in expanding and securing Wabco's global leadership position in automated manual transmission technology.

"As a technology breakthrough, Wabco's OptiDrive system will continue to grow demand for automated manual transmissions worldwide, particularly in emerging markets like Brazil, Russia, China and India, where adoption of such systems is expected to expand rapidly."

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