TRW Automotive Holdings Corp.
) is making a new Electronic Horn System (EHS) which can be used by
touching the conductive area on the steering wheel airbag cover.
The upgraded technology is more efficient than conventional horn
systems as it provides improved visual appearance, enhanced
functionality, lower actuation forces and fewer components.
The new EHS, which will be manufactured in 2014, is equipped with a
lesser number of springs, silver contact, screws and fixation clips
which makes it more convenient compared with the bulky and
expensive Classic vehicle horn systems. In addition, EHS is well
fitted with proper symmetry as there are no moving parts in the
system, which enables the driver airbag to be fixed directly into
the steering wheel.
Moreover, the special coating of EHS helps the airbag cover to be
converted into a 3D electrical conductive surface, which can detect
the position of the finger or hand of the driver and send signal to
the ECU. Thus, no mechanical force is required in this process. In
addition, the EHS is designed in such a way that it prevents the
horn from getting activated by accident.
Headquartered in Michigan, U.S., TRW Automotive is one of the
world's largest manufacturers of advanced technology products and
services for the automotive markets. The company supplies to more
than 40 major vehicle manufacturers and 250 nameplate producers.
Together with continuous research and development, the company is
well positioned to benefit from the changing demands of both
established and emerging markets for advanced and affordable safety
solutions. Its major customers include
Ford Motor Co.
General Motors Company
Currently, TRW Automotive retains a Zacks #3 Rank, which translates
into a short-term Hold rating. We have a long-term (more than 6
months) Neutral recommendation on the stock.
FORD MOTOR CO (F): Free Stock Analysis Report
GENERAL MOTORS (GM): Free Stock Analysis Report
TRW AUTOMTV HLD (TRW): Free Stock Analysis
(VLKAY): ETF Research Reports
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