The Brake Report

The Brake Report

The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest news & headlines from around the industry.

School Bus Crash Linked to Brake Recalls

School bus crash

CHARLOTTE, N.C. (FOX 46 CHARLOTTE) – The CMS school bus that crashed into a townhouse on Statesville Avenue Thursday morning, sending two people to the hospital, is linked to two recalls affecting the bus’ brakes, a FOX 46 investigation discovered. Since 2017, two recalls…

Reuters Adds Update on ZF-WABCO

ZF Wabco

ZF, TRW confirm companies have held takeover talks ZF says no decision taken on whether to pursue deal ZF Wabco have developed automated braking system for trucks (adds details, background) FRANKFURT, Feb 28 (Reuters) – Automotive supplier ZF Friedrichshafen on…

WABCO Comment on ZF

WABCO

Wabco released the following statement regarding the news that ZF is contemplating a takeover: BRUSSELS, Belgium, Feb. 27, 2019 (GLOBE NEWSWIRE) — While it is the long-standing policy of WABCO Holdings Inc. (“WABCO” or the “Company”) (NYSE: WBC) not to comment on rumors in…

ZF Mulls Takeover of WABCO

ZF Wabco

German newspaper Handelsblatt is reporting that ZF may be preparing a bid for WABCO. According to the site: “Wabco is the only brake manufacturer left. The interest is great, “says an insider. The topic had already been discussed in the supervisory bodies…

FCA Announces Major Investments

FCA investments

FCA to Expand Production Capacity in Michigan to Grow Core Brands, Electrify Jeep® Vehicles$4.5 Billion to Build New Assembly Plant in Detroit and Add Production at Five Existing Michigan Facilities, Creating Nearly 6,500 Jobs FCA total committed investments in the U.S.…