TRW Automotive Holdings Corp. (TRW) announced the launch of a new vacuum sensor that will measure and report the level of vacuum in the brake booster. Brake boosters and master cylinders are integral parts of brake actuation systems produced by TRW.
These brake actuation systems are typically used with traditional internal combustion engines that generate significant volumes of vacuum. The vacuum helps to amplify the brake force to increase the pressure of the brake fluid and actuate the brakes.
The product, which is scheduled for launch in 2013, is expected to see substantial demand from vehicle owners because of reliable and flexible configuration, enhanced performance capability, packaging and lower pricing.
Last month, TRW also announced an upgraded version of Electric Park Brake (EPB) system, that will enable users to enjoy a wide range of safety benefits and improve performance of the braking system in case of acute emergency.
In 2010, TRW Automotive earned a profit of $844 million or $6.57 per share, improving significantly from $137 million or $1.26 per share in 2009. Sales also rose 24% to $14.38 billion driven by an increase in volume. The company expects full year 2011 sales in the range of $14.9 billion−$15.3 billion, including $3.9 billion for the first quarter of the year.
Based in Michigan, TRW Automotive Holdings is a leading manufacturer of advanced technology products and services for the automotive markets. Its products and services include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems, driver assistance, powertrain, engine components, fastening systems and aftermarket products and services. Key competitors of TRW include Magna International Inc. (MGA), Johnson Controls Inc. (JCI) and Navistar International Corp. (NAV).
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