TRW 2004 Annual Report
Cover Driving Innovation Safety Systems Financial Highlights Letter At a Glance Financials Leadership Corporate Info
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TRW Automotive supplies more than 40 major vehicle  manufacturers and 250 nameplates around the world.
TRW at a Glancec    
 
Overview
TRW Automotive ranks among the world’s top 10 largest and most diversified suppliers of automotive systems, modules and components to global vehicle manufacturers and related aftermarkets.
$12.0 billion annual sales in 2004
Strategically focused product portfolio with more than 80% of sales derived from safety related products
Industry-leading sales diversification, with the largest geographic sales region amounting to 55% of sales, largest customer concentration amounting to 17% of sales and largest product group amounting to 17% of sales
Customers include all major vehicle manufacturers across the primary automotive producing regions
Market leadership positions in most primary product lines

Operating Segments
The Company conducts all of its operations through its subsidiaries and along three operating segments.

Chassis Systems
2004 sales of $7.0 billion or 58% of total sales
Primary products include steering gears and systems, foundation brakes, brake control (ABS, electronic stability control and traction control systems) and suspension systems

Occupant Safety Systems
2004 sales of $3.4 billion or 29% of sales
Primary products include airbags, seat belts, safety electronics and steering wheels

Automotive Components
2004 sales of $1.6 billion or 13% of sales
Primary products include body controls, engine valves and engineered fasteners

Employees
Our people are our true competitive advantage. As of December 31, 2004, the Company had approximately 60,000 employees, of which 27% are considered salaried workers with the remaining 73% hourly workers.
Europe 32,200  
North America 20,200  
South America 4,200  
Asia Pacific 3,300  
 
 
Locations
TRW has more than 200 facilities in 24 countries with principal executive offices located in Livonia, Michigan.

Austria
Brazil
Canada
China
Czech Republic
France
Germany
Italy
Japan
Malaysia
Mexico
Poland
Portugal
Romania
Singapore
South Africa
South Korea
Spain
Sweden
Switzerland
Thailand
Turkey
United Kingdom
United States


Research, Development and Engineering
We operate a global network of technical centers worldwide.
At present, employ approximately 4,800 engineers, researchers, designers, technicians and support personnel
Invested approximately 5% of sales in 2004 to support global efforts
Maintain a patent portfolio of more than 10,000 patents and pending patent applications
Developed a substantial body of manufacturing know-how that we believe provides a significant competitive advantage
Utilize sophisticated testing and computer simulation equipment, including computer-aided engineering, noise-vibration-harshness rigs, crash sleds, math modeling and vehicle simulations

Health, Safety and Environment
At TRW Automotive, we are committed to continuous improvement of worker health and safety.
Our health, safety and environmental vision and goals help ensure a consistent and dedicated approach at all of our facilities worldwide
Our vision and goals flow from our corporate culture valuing customers, people, quality and integrity
   
   
   
     
     
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TRW Automotive Holdings Corp. 2004 Annual Report