# WABCO signs long-term agreement to supply air suspension to European automaker

WABCO has signed a 10-year agreement with a major European high-end passenger vehicle manufacturer to develop and supply innovative air suspension technology, including air supply modules and control software.

- Type: Contract
- Announced: 2019-03-10
- Where: United States
- Value: $180.0M
- Status: announced
- Products: air suspension modules, control software
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [WABCO](https://endata.com/companies/3234.md)
- [WABCO](https://endata.com/companies/3234.md) (investor)
- [R. H. Sheppard](https://endata.com/companies/38252.md) (supplier)

## Sources

- [ostairsuspension.com](http://www.ostairsuspension.com/news/wabco-wins-european-big-order-to-develop-innov-21629626.html), 2019-03-10: "We are honored that this leading European manufacturer continues to rely on WABCO on its latest high-end passenger vehicle platform."
- [automotiveworld.com](https://www.automotiveworld.com/news/wabco-signs-180-million-agreement-with-global-manufacturer-to-supply-power-steering-gears/), 2019-03-26: "R. H. Sheppard, its subsidiary that develops and manufactures steering systems for commercial vehicles has signed a $180 million long-term extension agreement with one of the world’s leading original equipment manufacturers (OEM) to supply power steering gears for its truck brands in the U.S."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.