9th
November 2007 - TRW Automotive
Supplies Advanced Braking Systems for New Mazda CX-9 Versions
TRW Automotive Holdings today announced
that its TRW Automotive Japan Co., Ltd. subsidiary is supplying advanced
braking systems, including electronic stability control, to the latest
versions of Mazda Motor Corp's CX-9 sport utility vehicles.
Working closely with
their Mazda colleagues, TRW engineers helped to design and develop the
electronic stability control and brake actuation systems for the CX-9
and is also supplying ball joint suspension components. The Mazda CX-9
has been launched into the North American Market since January 2007.
The TRW electronic stability control
(ESC) system offers full anti-lock braking, traction control and lateral
stability functions. ESC systems are designed to assist drivers in
avoiding accidents or reducing an accident's severity by providing a
greater degree of vehicle control in situations like panic stops or
oversteer/understeer through a turn. These systems can assist drivers in
keeping their vehicle on the road in varying road and weather
conditions, a key factor in minimizing rollover accidents.
"We are pleased to assist in the
development of advanced braking solutions for this exciting new
vehicle," said Peter Lake, executive vice president, Sales and Business
Development for TRW Automotive. "The CX-9 is a great combination of
stylish design and utility, and TRW safety systems like electronic
stability control have also been designed to have a real-world impact in
helping drivers to avoid accidents."
About TRW
With 2006 sales of $13.1 billion, TRW
Automotive ranks among the world's leading automotive suppliers.
Headquartered in Livonia, Michigan, USA, the Company, through its
subsidiaries, operates in 28 countries and employs approximately 63,800
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.trwauto.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 Private Securities Litigation
Reform Act of 1995. All forward-looking statements involve risks and
uncertainties. Our actual results could differ materially from those
contained in forward-looking statements made in this release. Such
risks, uncertainties and other important factors which could cause our
actual results to differ materially from those contained in our
forward-looking statements are set forth in our Report on Form 10-K for
the fiscal year ended December 31, 2006 (the "10-K") and on Form 10-Q
for the quarters ended March 30, June 29 and September 28, 2007, and
include: production cuts or restructuring by our major customers; work
stoppages or other labor issues at the facilities of our customers or
suppliers; non-performance by, or insolvency of, our suppliers and
customers, which may be exacerbated by bankruptcies and other pressures
within the automotive industry; the inability of our suppliers to
deliver products at the scheduled rate and disruptions arising in
connection therewith; interest rate risk arising from our variable rate
indebtedness; loss of market share by domestic vehicle manufacturers;
efforts by our customers to consolidate their supply base; severe
inflationary pressures impacting the market for commodities; escalating
pricing pressures from our customers; our dependence on our largest
customers; fluctuations in foreign exchange rates; our substantial
leverage; product liability and warranty and recall claims and efforts
by customers to alter terms and conditions concerning warranty and
recall participation; limitations on flexibility in operating our
business contained in our debt agreements; the possibility that our
owners' interests will conflict with ours and other risks and
uncertainties set forth under "Risk Factors" in the 10-K and in our
other SEC filings. We do not intend or assume any obligation to update
any of these forward-looking statements
Source: TRW Automotive Press
Release