TRW Automotive Advanced Airbag Technologies New

WASHINGTON, June 13, 2011 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety systems, has developed a range of curtain airbag technologies that help mitigate the risk of occupant ejection.

TRW will be demonstrating its automotive safety solutions, including its curtain airbags with X-tether technology to assist in mitigating occupant ejection, at the 22nd annual Enhanced Safety of Vehicles Conference (ESV) in Washington D.C. About TRW
With 2010 sales of $14.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. 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.  TRW Automotive news is available on the internet at www.trw.com.

TRW Automotive (NYSE:TRW) closed Monday's calm trading session at $52.36. This covered call has a duration of 130 days, provides 11.08% downside protection and an assigned return rate of 7.39% for an annualized return rate of 20.74% (for comparison purposes only). A lower-cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase.

 

TRW Automotive has highlighted a range of advanced steering features which can be programmed within the software of an Electrically Powered Steering (EPS) system to assist the driver. Frank Lubischer, vice president of TRW steering engineering, has commented: "With the given mechanical and hydraulic constraints of traditional hydraulic steering systems, there are limits to what can be achieved – compromising the ability to implement functions and steering feel characteristics beyond conventional physical boundaries.
Likewise, the electric steering system can be programmed to respond intelligently to varying vehicle and environmental conditions - such as different tyre types, payloads, or road surfaces."
TRW also asserts that electric steering safety enhancements are achievable through integration with other systems. For example, when combined with driver assist technologies, such as camera-based systems, electric power steering can help assist the driver in staying in the intended lane by providing a torque through the steering wheel that guides the driver back toward the centre of the lane.