IIHS Small Car TOP SAFETY PICK+ Winners Feature TRW Safety Technology
LIVONIA, Mich., Aug. 29, 2013 /PRNewswire/ -- Four of the six small vehicle models earning TOP SAFETY PICK+ accolades from the Insurance Institute for Highway Safety (IIHS), based on its recent small frontal crash overlap testing, feature various automotive safety technologies supplied by TRW Automotive Holdings Corp. (NYSE: TRW).
The TOP SAFETY PICK+ designation acknowledges vehicles that offer superior crash protection. IIHS added the small overlap frontal test to its lineup of vehicle evaluations last year. It replicates what happens when the front corner of a vehicle strikes another vehicle or an object like a tree or a utility pole.
Safety content from TRW – including occupant safety systems, electronics and braking technology ranging from electric power steering components, airbag modules and sensors to seatbelts and tire pressure monitoring systems – are featured on four of the six small vehicles receiving a TOP SAFETY PICK+ rating.
"Having our technologies featured on vehicles with superior safety ratings from IIHS is always important and even more so when it comes to small cars," said Peter Lake, TRW executive vice president, sales and business development. "One of TRW's main goals is to develop technologies that are affordable for all vehicles. We strive to provide intelligent solutions that enhance passenger safety across all vehicle segments."
With 2012 sales of $16.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 25 countries and employs approximately 65,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2012 (our "Form 10-K") and our Reports on Form 10-Q for the fiscal quarters ended March 29 and June 28, 2013, such as: any developments related to antitrust investigations adversely affecting our financial condition, results, cash flows or reputation; the loss of any of our largest customers or the loss of a significant amount of their business materially adversely affecting us; economic conditions adversely affecting our business, results or the viability of our supply base; the unsuccessful implementation of our current expansion efforts adversely impacting our business or results; any shortage of supplies causing a production disruption for any customers or us; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; commodity inflationary pressures adversely affecting our profitability or supply base; pricing pressures from our customers adversely affecting our profitability; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or adverse effects on our business, reputation and results from governmental regulations; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; work stoppages or other labor issues at our facilities or at the facilities of our customers or those in our supply chain adversely affecting our business or results; any disruption in our information technology systems adversely impacting our business and operations; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
SOURCE TRW Automotive Holdings Corp.