Knorr-Bremse AG is the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems. Headquartered in Munich, Germany, Knorr-Bremse generates approximately €7.1 billion in annual revenues with approximately 33,000 employees. The company's Commercial Vehicle Systems division supplies air disc brakes, drum brakes, air management systems, steering systems, advanced driver assistance, and transmission automation to major truck and bus OEMs including Daimler Trucks, Volvo, MAN, and PACCAR. Knorr-Bremse holds market-leading positions in every major truck brake market globally.
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