Wabco Holdings Inc was founded in the United States in 1869 as Westinghouse Air Brake Company. The Company and its subsidiaries develops, manufactures and sells braking, stability, suspension and transmission automation and air management control systems for commercial vehicles. Its products are pneumatic ABS, EBS, ESC, automated manual transmission systems, air disc brakes and a conventional mechanical products such as actuators, air compressors and air control valves for heavy- and medium-sized trucks, buses and trailers. The Company supply's electronic suspension controls and vacuum pumps to the passenger car and SUV markets in Europe, North America and Asia. In addition, the company supply's commercial vehicle aftermarket distributors and service partners as well as fleet operators with replacement parts, fleet management solutions, diagnostic tools, training and other services. The Company sells its products to four groups of customers around the world: truck and bus OEMs, trailer OEMs, commercial vehicle aftermarket distributors of replacement parts and services, and automotive OEMs. It also provides remanufacturing services globally. The Company sells its products to four groups of customers around the world: truck and bus OEMs, trailer OEMs, commercial vehicle aftermarket distributors for replacement parts and services, and car manufacturers. The competitors are Knorr-Bremse and, Bosch (automotive) and Continental. The Company's operations are subject to local, state, federal and foreign environmental laws and regulations that govern activities or operations that may have adverse environmental effects and which impose liability for clean-up costs resulting from past spills, disposals or other releases of hazardous wastes and environmental compliance.