WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they only fill the niche roles. WABCO was acquired by ZF Friedrichshafen in May 2020.
27-554: R62 may refer to: R62 (New York City Subway car) R62 (South Africa) , a road HD 32034 , a star HMS Cassandra (R62) , a destroyer of the Royal Navy HMS ; Glory (R62) , an aircraft carrier of the Royal Navy R62: Possible risk of impaired fertility , a risk phrase in chemistry [REDACTED] Topics referred to by
54-489: A 13% premium above WABCO's February 26 stock price, according to The Wall Street Journal . WABCO shareholders approved the acquisition in July 2019. In January 2020, the U.S. Department of Justice raised concerns about the market power that the combined entity would have if the acquisition was allowed to proceed. In a news release, a Justice Department spokesman said: “The merger, as originally structured, would have given ZF
81-734: A merger agreement and thereafter became the Commercial Vehicle Control Systems division of ZF. WABCO Holdings' key product groups are brake actuators , air compressor/air management, foundation brake , anti-lock braking , conventional braking, electronic braking, air suspension, transmission automation, vehicle electronic architecture and stability control/support. Major customers for WABCO Holdings are commercial and consumer vehicle OEMs and commercial after-market parts suppliers. Commercial truck and bus OEMs - such as Daimler (largest customer; 13% of sales, 2010), Cummins , Paccar , and Volvo - account for
108-605: A monopoly over an essential steering systems component used in trucks and buses that move products and people across the United States.” WABCO was required to divest the steering systems business in order to proceed with the transaction. The companies reached a settlement with the Department of Justice, and ZF completed the $ 7 billion takeover in May 2020. On 29 May 2020, WABCO was acquired by ZF Friedrichshafen through
135-498: Is different from Wikidata All article disambiguation pages All disambiguation pages R62 (New York City Subway car) The R62 is a New York City Subway car model built between 1983 and 1985 by Kawasaki Heavy Industries in Kobe, Japan , for the A Division . A total of 325 cars were built, originally as single units. When the reliability of the fleet improved, they were converted to five-car sets. The cars replaced
162-536: The 14th Street–Union Square station in Manhattan. The train was diverted from the express track to the local due to repairs, and the motorman sped through the switch at 40 miles per hour (64 km/h); as a result, the first car made the switch while several other cars in the consist did not. Five riders were killed, and several dozen were injured. Cars 1435–1437 and 1439–1440 were wrecked in this accident; cars 1435, 1437, and 1439–1440 were scrapped by 2001, while 1436
189-480: The 2 , 5 , and 7 trains. The cars entered service on May 7, 1984, as part of the Car Appearance Program. Soon after delivery, the cars also proved themselves much less prone to breakdowns than previous rolling stock. All 325 cars were in service by August 1985, making the 4 the first entirely graffiti-free service in the system in many years. Kawasaki did not wish to build the additional cars
216-614: The Philadelphia Transportation Company 's (now SEPTA ) Market–Frankford Line in Philadelphia , for the oldest elevated IRT and BMT lines; however, this proposal failed because most of the remaining elevated lines were subsequently closed and demolished instead. In 1973, another proposal to replace the R12 through R17 series was deferred because not enough voters approved it. Finally, in 1979, with
243-508: The "R62" contract. The R62 order was originally proposed as an order of 260 cars, each of which were to be 64 feet (20 m) long. The selected plan called for 325 51.4-foot (15.7 m) IRT cars instead. In July 1981, the NYCTA began the bidding process for 325 cars under the R62 contract. Nissho-Iwai American Corp , the parent company of Japanese train car builder Kawasaki Heavy Industries ,
270-739: The 1970s period. Currently, all R62s are maintained at the Livonia Yard in Brooklyn and assigned to the 3 , with an additional set being assigned to the 1 . After the R36 cars were delivered in 1963–1964, no more IRT cars were built for another 20 years. Several rolling stock orders were proposed for the IRT during this time. In 1966, the Budd Company proposed a lightweight R39 subway car, similar to their M-3 (A49/A50/A51) cars then in use on
297-508: The MTA wanted as a separate part of the R62 order, under contract R62A , for the same price per car. Bombardier Transportation , an Integrated Transportation rail car company headquartered in Montreal , won a contract to supply these additional 825 cars under a license from Kawasaki. On August 28, 1991, a sleep-deprived and intoxicated motorman caused a southbound 4 train to derail north of
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#1732775880956324-566: The R62s in 2010, including LED destination signs and automated announcements. In January 2019, the MTA announced that it would be replacing the R62/A fleets with the R262s , a new fleet that would be ordered as part of a future capital program. WABCO Vehicle Control Systems The Westinghouse Air Brake Company was founded in the U.S. in 1869 and acquired by American Standard in 1968. It
351-571: The bus and train fleets in poor and decrepit shape, the New York City Transit Authority (NYCTA) looked into capital maintenance and bond acts to replace the oldest IRT cars (the R12s, R14s, R15s, and R17s) and to rebuild and refurbish newer (at the time) IRT cars (R21s and beyond). A bond issue for 136 new IRT cars was approved, and funds were procured for another new 1,014 IRT cars in 1981. These cars were referred to as
378-417: The late-2020s, when they will be replaced with the R262s . The R62s are numbered 1301–1625, totaling 325 cars. Each car was purchased at an average price of US$ 918,293. The R62 was the first stainless steel and air-conditioned subway car built for the A Division . A graffiti -resistant glaze was applied to all of the cars because of the extensive graffiti tagging of nearly all of the subway cars in
405-534: The majority of sales (62% of sales, 2013). Commercial after-market suppliers represent a significant minority of sales (25% of sales, 2013). Trailer and consumer vehicle OEMs also contribute a small percentage of sales. WABCO Holdings primary market is in Europe (61% of sales, 2013). They get some business from Asia/Pacific region and much less from other regions of the world. North America Vehicle Control System and some compressor sales and support are provided by
432-600: The order (1587–1591) were built with bench seating after complaints by passengers upon delivery. The R62s have full-width cabs at each end of each five-car set, but retain intermediate half-width cabs in the remaining cab positions, as the trains were originally built as single cars. The R62s also brought back the much more reliable WABCO RT-2 or SMEE braking system after an absence from subway equipment last used on their R42s in 1969. WABCO also discontinued their trouble-prone RT-5 or P-wire braking systems after disastrous results, with continuous teething problems used during
459-417: The remaining R12s , R14s , and R15s , which were all retired by the end of 1984. The R62 was the first order of A Division cars in 20 years (following the R36 order from 1963), and the first stainless steel subway car built for the A Division. The first cars entered revenue service testing on November 29, 1983, and officially entered service on May 7, 1984. The R62s are scheduled to remain in service until
486-448: The same term This disambiguation page lists articles associated with the same title formed as a letter–number combination. If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=R62&oldid=1121051856 " Category : Letter–number combination disambiguation pages Hidden categories: Short description
513-555: The stock symbol WBC. On February 27, 2019, WABCO's stock price increased 8% on rumors of a takeover bid by a competitor and trading in the stock was suspended. The following day, a trade publication reported that WABCO had confirmed that it had "been approached" by German auto parts maker ZF Friedrichshafen and was "engaged in preliminary discussions concerning a potential transaction.” On March 28, 2019, ZF Friedrichshafen announced plans to acquire WABCO for $ 136.50 per share ($ 7 billion) in an all-cash transaction. The offer represented
540-497: The system since 1969. They continued a controversial interior design by employing bucket seating , which was very narrow, with each seat being about 17 inches (430 mm) wide. This reduced the number of seats per car when compared to standard bench seating, but allowed for higher standing capacity. This design originated with the R44 and continued through the R68A order. Five cars in
567-583: The undamaged half of car 1370 were donated to the FDNY Randall's Island training center, where they are used as training cars along with R40A 4461 . Meanwhile, cars 1367 and 1368 were reefed in February 2008. Though no R62s were retired by replacement, the aforementioned accidents caused the premature retirement of ten cars. The remaining cars are expected to be replaced starting around the late 2020s. The MTA proposed mid-life technological upgrades for
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#1732775880956594-547: Was acquired by Ingersoll-Rand the following year. Previously headquartered in Bern, Switzerland (having moved from Brussels, Belgium in February 2019), WABCO employed more than 11000 people in 34 countries worldwide. In 2013, WABCO's total sales were $ 2,720.5 million, a rise of 10% over the previous year. WABCO was a publicly traded company listed on the New York Stock Exchange as WABCO Holdings, Inc. , with
621-476: Was designated as American Standards' Vehicle Control Systems division. The earthmoving and mining product range was sold to Dresser Industries in 1984. American Standard changed its name to Trane, Inc. and on July 31, 2007, Trane spun off its Vehicle Control Systems as WABCO Holdings, Inc. via a special dividend to its shareholders. The owners of Trane, Inc. stock received one share of WABCO Holdings for every three shares of Trane, Inc. which they held. Trane, Inc.
648-609: Was rear-ended by another out-of-service train of R33s at the 239th Street Yard . All five cars suffered anticlimber damage, but were repaired and returned to service. On October 25, 2000, during the 2000 World Series , a 4 train collided head-on with a work train at the Fordham Road station on the IRT Jerome Avenue Line in the Bronx . Car 1369 and one half of 1370 were damaged beyond repair. Car 1366 and
675-415: Was reefed in February 2008. The remaining five cars of the consist (cars 1431–1434 and 1438) are now unitized. On December 21, 1994, disgruntled computer analyst Edward J. Leary firebombed a crowded 4 train at Fulton Street . Car 1391 suffered interior damage, but was repaired and returned to service. A little more than three years later, however, on February 3, 1998, cars 1391–1395, while out of service,
702-482: Was the first time a foreign company was chosen to build cars for the New York City Subway , which was possible since no federal funding was involved . Because a 1981 law now allowed the MTA and suppliers to broker contracts rather than simply accept the lowest bid, the MTA awarded the base contract to Kawasaki . The cars entered revenue testing on the 4 on November 29, 1983, and were also tested on
729-570: Was the lowest bidder for the initial 325 cars, while the American Budd Company submitted a high bid for the initial contract and a low bid for the rest of the cars. The NYCTA did not want to award the large contract to a single builder (as it did in 1975–78 with the R46s , which were plagued by mechanical problems and cracks in the chassis). The R62 contract was ordered on April 12, 1982, and awarded to Kawasaki Heavy Industries . This
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