15.10.2013 16:43:00

First Ever Hybrid Ferrari Vehicle Launches With EPHS From TRW

TURIN, Italy, Oct. 15, 2013 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW) today announced that it is supplying Electrically Powered Hydraulic Steering (EPHS) technology to Ferrari's latest vehicle launch 'LaFerrari' - the first Ferrari to feature hybrid propulsion.

(Photo:  http://photos.prnewswire.com/prnh/20131015/DE97754 )

TRW's EPHS system offers fuel savings of up to 0.3L/100km and a reduction of carbon dioxide emissions of approximately 7g/km when compared with traditional hydraulic power steering systems. The technology also delivers fuel economy and CO2 reduction benefits comparable to full electric steering solutions.

Giorgio Marsiaj, president, TRW Italy, explained: "The demand for more efficient cars continues to grow across all vehicle segments and our EPHS technology is well suited to meet this trend. TRW's role as the official partner for technological innovation on the new 'LaFerrari' super car demonstrates our ability to support one of the most prestigious brands in the world. With more than 20 million systems in the field, our EPHS is a proven solution for both conventional and hybrid vehicle platforms."

TRW's EPHS features a compact Motor Pump Unit (MPU) connected with a conventional rack and pinion power gear. As with other electric steering solutions, EPHS is independent of the combustion engine.

In addition to the fuel efficiency and comfort features offered by EPHS, the system can also offer advanced speed proportional steering technology. This flexible tuning capability allows TRW's EPHS system to adapt to different driving conditions, providing a comfortable setting for parking and city driving, while delivering a robust feel at higher speeds. There is also the option for EPHS to vary assist levels depending on the vehicle loading information provided by other vehicle subsystems.

Marsiaj concluded: "TRW is proud of being a Ferrari strategic partner and is committed to continue to jointly develop the newest technologies. The launch of the EPHS system for 'LaFerrari' is another example of how TRW is able to support growing safety requirements for luxury as well as mass market vehicles across the globe, thanks to a broad product portfolio and to scalable/modular technology/product concepts, which are making safety affordable across all brands and segments."

All future Ferrari models will be equipped with advanced fuel savings technologies to ensure they are compliant with emissions regulations.

About TRW

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.

Forward-Looking Statements

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.

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