TRW Automotive

From Wikipedia, the free encyclopedia
Jump to: navigation, search
TRW Automotive
Type Public
Traded as NYSETRW
Industry Automotive industry
Predecessor(s) TRW Inc.
Founded 1904
Headquarters Livonia, Michigan, United States
Number of locations 200+ facilities
Area served Worldwide
Key people John C. Plant (Chairman & CEO)
Products Automotive systems
Revenue Increase US$ 16.4 billion (FY 2012)
Operating income Decrease US$ 1.09 billion (FY 2012)
Net income Decrease US$ 1.01 billion (FY 2012)
Total assets Increase US$ 10.9 billion (FY 2012)
Total equity Decrease US$ 7.30 billion (FY 2012)
Employees 66,100
Website www.trw.com
References: [1]
TRW Automotive headquarters building

TRW Automotive, headquartered in Livonia, Michigan, is a major American global supplier of automotive systems, modules and components to automotive original equipment manufacturers (OEMs) and related aftermarkets.

TRW originally stood for "Thompson Ramo Wooldridge"; it was formed when Thompson Products merged with Ramo-Wooldridge in 1958.[2]

The company's operations primarily encompass the design, manufacture and sale of safety systems and is one of the world's largest players in the field. It operates approximately 200 facilities with 66,100 employees in 26 vehicle-producing countries. TRW's shares are listed on the New York Stock Exchange under the symbol TRW.

TRW is ranked:

  1. #5 on FORTUNE Motor Vehicles and Parts industry list (2010)
  2. #7 on Top 150 North America Suppliers by Automotive News (2010)
  3. #10 on Top 100 Global Suppliers by Automotive News (2009)
  4. #161 on FORTUNE 500 List (2011)

History[edit]

When aerospace company Northrop Grumman purchased competitor TRW in 2002, it sold TRW's automotive division to private equity firm Blackstone Group. TRW Automotive went public in a February 2004 initial public offering (IPO), after which Blackstone held a 56.7% interest in TRW, Northrop Grumman, 17.2%, and TRW management, 1.7%. The company can trace its history back to TRW Inc's beginnings in 1901, but was founded as TRW Automotive in 2002.

Current status[edit]

TRW Automotive is among the world's largest automotive suppliers and is one of the top financial performers in the industry, with 2011 sales of $16.2 billion. TRW supplies more than 40 major vehicle manufacturers and 250 nameplates. The company produces advanced active systems in braking; steering and suspension; and sophisticated occupant safety systems, including airbags, seat belts and steering wheels. TRW has over 60,000 employees working in more than 185 locations in every vehicle-producing region worldwide.

Business Units[edit]

  • Chassis Systems
  • Occupant Safety Systems
  • Electronics
  • Automotive Component

Automotive History[edit]

List

  • 2008 - First Lane Keeping System, integrating camera and electric steering technology
  • 2008 - Scalable Airbag Electronic Control Unit for emerging markets
  • 2008 - Active Buckle Lifter seat belt system to enhance convenience, comfort and safety
  • 2008 - Head protection system for convertible vehicles
  • 2007 - Electric Drum-in-Hat park brake technology
  • 2007 - ESC-R regenerative brake technology for hybrid vehicles
  • 2007 - Efficient Climate Control system to maintain occupant comfort and enhance fuel economy
  • 2006 - Non-rotating driver airbag technology
  • 2006 - Slip Control Boost hybrid braking stability control technology
  • 2005 - Active Dynamic Control family of active suspension systems
  • 2004 - Touch Sensor Technology capacitive sensing for interior vehicle controls
  • 2004 - Silicon initiator technology for airbag inflators
  • 2003 - Weight-based Occupant Classification System
  • 2002 - Active Control Retractor
  • 2002 - Adaptive Cruise Control
  • 2002 - Electric Park Brake
  • 2001 - Airbag Rollover Canopy System
  • 2001 - Electrically Powered Steering
  • 2001 - Vehicle Stability Control
  • 1998 - Electrically Powered Hydraulic Steering
  • 1996 - Electronic Actuation System with Brake Assist
  • 1994 - Single-source production of Vehicle Occupant Restraint System
  • 1994 - Frontal airbag and sensor system
  • 1994 - Solid propellant frontal airbag system, including crash sensors
  • 1994 - Four-wheel ABS systems for GM
  • 1994 - Complete vehicle occupant restraint system
  • 1989 - Switches made in TRW Sunderland
  • 1988 - Remote keyless entry system
  • 1987 - Seat belt pre-tensioning device
  • 1986 - Rear Wheel ABS system
  • 1979 - Colette Front Calipers
  • 1972 - Power rack and pinion steering
  • 1968 - Electronically Controlled Anti-Lock Braking System
  • 1967 - Rack and pinion steering
  • 1964 - Brake proportioning valves
  • 1964 - Disc Braking System - North America
  • 1957 - Disc Brake System - Europe
  • 1952 - Integral power steering system for Chrysler New Yorker
  • 1946 - Power brake systems
  • 1935 - Wedge/Roller Actuated Drum Brake
  • 1939 - Standard equipment hydraulic brake systems
  • 1932 - Composite Brake Drum
  • 1928 - Parking brakes for Ford
  • 1909 - Wooden wheels for Ford Model "T"
  • 1904 - First two-piece automotive valve for Winton Motors Company

Contributions[edit]

References[edit]

  1. ^ "TRW Automotive Holdings Corp. (TRW)". Yahoo! Finance. 
  2. ^ Who really made your car. Retrieved 2011-08-04. 

External links[edit]