TRW Group (China) Business Report FY ended Dec. 2013

Business Highlights

Contracts

-Shanghai TRW Automotive Safety Systems Co., Ltd. (STASS) has achieved an average year-over-year growth rate of 14 percent over the past three years. Following the seatbelt contract for the SAIC Rowew 550 it won in 2012, STASS has received a number of new orders since January 2013. These include seatbelt programs for the Shanghai GM Buick Excelle and Chevrolet Cruze, a front- and side-airbag program for the Chevrolet Cruze, and a driver-seat airbag program for the Shanghai VW New Polo. (From a press release, March 17, 2013)

-TRW will supply belt-driven electric power steering systems for Great Wall Motor’s new mid-size SUV, starting in 2015. TRW has established a number of production bases in the Asia Pacific region in order to reduce production cost. Over the past two years, the company’s Anting Plant has established a belt-driven EPS assembly line capable of producing 800,000 units per year. The belt driven EPS improves fuel efficiency by 0.3-0.4 liter and reduces emission by 7-8 grams per 1 kilometer drive. (From news releases issued by multiple sources on April 22, 2014)

- Shanghai TRW Automotive Safety Systems Co., Ltd. (STASS) won seatbelt contract for the SAIC Rowew 550 in 2012. It received a number of new orders since January 2013. These include seatbelt programs for the Shanghai GM Buick Excelle and Chevrolet Cruze, a front- and side-airbag program for the Chevrolet Cruze, and a driver-seat airbag program for the Shanghai VW New Polo. (From a press release, March 17, 2013)

Business in China

-TRW announced that its Anting Plant in Shanghai would start producing electrically powered steering (EPS) belt drive systems for global platform vehicles, becoming the first facility to make such EPS products in China.The EPS would install in three further China domestic platforms in 2013. TRW offers two Electrically Powered Steering (EPS) solutions to cover the full vehicle platform range. The first is the column drive unit which is mounted on the steering column inside the passenger compartment and the second is belt drive where the assist is applied directly to the rack with a belt and ball nut mechanism. Installation of new manufacturing equipment had already been completed. The plant’s production volume is expected to reach 400,000 sets by 2014. (From news release issued by multiple sources on July 1, 2013)

Award

-The TRW Group announced that its 10 global group companies received General Motors’ 2013 Excellent Supplier Award. The 10 companies included two Chinese subsidiaries: TRW Automotive Components (Shanghai) Co., Ltd. that manufactures brake systems and electronic stability control systems in Anting, Shanghai; and Lucas Varity Langzhong Brake Co., Ltd. that produces brake systems in Langfang, Hebei. (From news releases issued by multiple sources on December 5, 2013)

R&D

R&D facility

- The group's development center in Asia Pacific
Company Name Year Established Overview
TRW Automotive Research & Development (Shanghai) Co., Ltd. July 2004 - Providing technical support to the Group's plants and customers in the Asia Pacific region.

- Conducting winter road testing at its specialized facility in Heihe, Heilongjiang Province.
TRW Anting Technical Center 2013 -Research and development, engineering design and application, testing and validation activities across all of TRW's product lines

-The company, which is developing EPS technology through a joint project with a Chinese automaker, is planning to introduce the new technology onto three vehicle platforms used in China. The EPSs will be produced at an electric parts factory in Anting, Shanghai. TRW is planning establishment of an advanced technical center in Anting in the second half of 2013. The center covers an area of 32000 square meters. Approximately 1,000 engineers will engage in development of products for the Asia Pacific region. The facility will be the Group’s second Global Technical Center, being one of the largest in scale among its worldwide facilities. (From news releases issued by multiple sources on May 2, 2013)

Investment Activities

Investment in China

-John C. Plant, president and CEO of TRW, said it is intending to invest over 200 million dollars to enhance its China business during 2013. (From news releases issued by multiple sources on May 2, 2013) 

-TRW announced that the plant, with investment of 110 million U.S. dollars in Wuhan Economic Development Zone, first phase of the project completed and came into operation today. The second phase will be finished in 2017. After completion of the project, the plant has the capacity of 8.7 million units various brakes, 7 million airbags and 22 million seat belts. The sales is expected to reach 800 million U.S. dollars. (From news release issued by multiple sources on Jan. 10, 2013)