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WABCO Holdings Inc. has signed an agreement to establish a joint venture with FAW Jiefang Automotive Company for vehicle control systems, starting with manufacture of MAXX single-piston air disc brakes from 2019.
Knorr-Bremse signed a cooperation framework agreement with FAW Jiefang Automotive Company to collaborate on commercial vehicle braking systems, AMT products, chassis components, steering systems, and smart driving.