Market Overview

WABCO Enters Into Strategic Partnership with Hino Trucks to Supply Braking and Advanced Driver Assistance Systems to Support Hino's Heavy-Duty Truck Debut in North America

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BRUSSELS, Belgium, Aug. 23, 2018 (GLOBE NEWSWIRE) -- WABCO Holdings Inc. (NYSE:WBC) (www.wabco-auto.com), a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, today announced that it has entered into a strategic partnership with Hino Trucks, a premier commercial truck brand headquartered in Novi, MI, U.S. Under the agreement, WABCO will provide its latest generation braking control technology and a range of advanced driver assistance systems (ADAS) for Hino Trucks' forthcoming heavy-duty truck debut in North America.

WABCO will furnish Hino Trucks with a range of technologies from its portfolio of industry-leading safety and vehicle control technologies to support Hino's all-new XL Series line of Class 7 and 8 heavy-duty trucks which will begin series production in early 2019. These include WABCO's breakthrough modular braking system platform mBSP™ to enable anti-lock braking (ABS), ESCsmart™ Electronic Stability Control and products from its suite of industry-leading ADAS technologies.

Hino will offer their new XL7 and XL8 trucks with WABCO's breakthrough OnGuardACTIVE™ collision mitigation system onboard. With powerfully differentiating performance, particularly in low visibility conditions, OnGuardACTIVE assists truck drivers to recognize and respond to potentially dangerous traffic or weather conditions that could lead to a rear-end collision with moving or stationary vehicles ahead. This radar-only system provides acoustic, visual and haptic alerts to prompt the driver's response to imminent collisions. If the driver does not take corrective action, OnGuardACTIVE can autonomously apply the brakes and can bring the vehicle to a complete stop.

Hino will also offer this range of heavy-duty trucks with WABCO's powerful OnLaneALERT™ Lane Departure Warning System (LDWS). Helping drivers to avoid unintentional lane drifting, the most common accident involving heavy-duty vehicles, OnLaneALERT utilizes a forward-looking, windshield-mounted camera to monitor the vehicle's position within its highway lane. When the system detects the vehicle crossing its driving lane markings without a turn signal having been previously activated, OnLaneALERT provides an audible warning from the side of the vehicle affected. This alert prompts the driver to take corrective action to help prevent potential collisions or road run-offs.

"WABCO's global technology leadership in the commercial vehicle industry makes it the perfect partner to support our entry to the North American heavy-duty truck segment," said Yoshinori Noguchi, President and CEO, Hino Trucks North America. "As we continue to expand Hino's presence in the local Class 7 and 8 market, WABCO's ADAS and innovative modular technologies offer distinct advantages that further differentiate the versatile and stylish Hino XL Series for fleet customers."

"WABCO's pioneering ADAS and modular braking system platforms provide significant advantages for global original equipment manufacturers seeking to penetrate new markets," said Jon Morrison, WABCO President, Americas. "We are honored that Hino has selected WABCO to support the North American launch of its next-generation heavy-duty trucks, underlining our technology leadership and relentless focus on delivering value for our customers wherever they choose to operate."

About Hino Trucks

Hino Trucks, a Toyota Group Company, assembles, sells, and services a lineup of Class 4-8 diesel commercial trucks in the United States. Hino Trucks is the premier heavy and medium duty nameplate in the United States with a product lineup that offers fully connected vehicles with low total cost of ownership, superior fuel economy, unmatched reliability and maneuverability and the most comprehensive bundle of standard features in the market. Headquartered in Novi, Michigan, Hino has a network of over 230 dealers nationwide committed to achieving excellence in the ultimate ownership experience. Learn more about Hino Trucks at www.hino.com or follow us on Facebook, Twitter and YouTube.

About WABCO

WABCO (NYSE:WBC) is a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO continues to pioneer breakthrough innovations to enable autonomous driving in the commercial vehicle industry. Today, leading truck, bus and trailer brands worldwide rely on WABCO's differentiating technologies, including advanced driver assistance, braking, steering and stability control systems. Powered by its vision for accident-free driving and greener transportation solutions, WABCO is also at the forefront of advanced fleet management systems that contribute to commercial fleet efficiency. In 2017, WABCO reported sales of $3.3 billion and has nearly 15,000 employees in 40 countries. For more information, visit www.wabco-auto.com and, for WABCO's 2017 Annual Report, visit ar.wabco-auto.com.

WABCO global media contact

Nina Friedmann, +49 69 719 168 171, wabco@klenkhoursch.de

WABCO North America media contact

John Tews, +1 248 276 1970, jtews@millerschingroup.com

WABCO investors and analysts contact

Sean Deason, +1 248 270 9287, investorrelations@wabco-auto.com

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