Knorr-Bremse, the world market leader in braking and other systems for commercial vehicles and rail, yesterday received the “Best Brand” award in the brakes category from ETM publishing house in Germany. Knorr-Bremse has now won the ETM Award for the 15th consecutive time.
Once more in 2020, EuroTransportMedia (ETM) asked the readers of the most widely read commercial vehicle magazines in Germany – “trans aktuell”, “lastauto omnibus” and “Fernfahrer” – to vote for the best brands in the industry in its readers’ poll.
Knorr-Bremse was voted “Best Brand 2020” in the brakes category by the trade readership of its three commercial vehicle magazines. As well as an indicator of brand image, this accolade is regarded as a seal of quality for the safety and reliability of the winning brands and products.
Dr. Peter Laier, Member of the Executive Board of Knorr-Bremse AG and responsible for the Commercial Vehicle Systems division, comments: “Winning the ‘Best Brand’ award once again underscores our technology leadership in the market segments we serve. With our innovations we make a vital contribution to the industry trends of traffic safety, emissions reduction and e-mobility, connectivity and automated driving. Knorr-Bremse, with its solutions and systems expertise and global presence, plays a key role in ensuring that state-of-the-art commercial vehicle technologies and products find their way into every region of the world.”
The award ceremony of Germany’s largest readers’ poll for commercial vehicles was held online for the first time, as the in-person event originally planned for 18 June 2020 could not be held due to the restrictions imposed following the Covid-19 pandemic. In a virtual award ceremony, ETM and DEKRA announced the winners of the renowned ETM Awards on 23 July 2020.
Knorr-Bremse completes acquisition of R.H. Sheppard
The awards cap is a good couple of months for Knorr-Bremse. The company closed the acquisition of R.H. Sheppard Co. on June 1. The acquisition is a major step towards becoming a leading global manufacturer of steering systems for commercial vehicles, following its earlier acquisition of the Hitachi steering business in 2019.
Sheppard is an industry-leading manufacturer of steering systems for commercial vehicles in the North American market. Knorr-Bremse acquired Sheppard from WABCO Holdings, which sold Sheppard in connection with the acquisition of WABCO by ZF Friedrichshafen AG.
With the acquisition of Sheperd by Knorr-Bremse, the company says that it opens further opportunities for them as a market leader in braking and driver assistance systems.