Exhibit 99.1

WABCO Reports Q3 2011 Results; Posts 20% Organic Sales Growth; Delivers Another Quarter of Strong Profitability; Maintains Guidance for 2011

BRUSSELS, Belgium, October 27, 2011 – WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, today reported Q3 2011 sales of $706 million, up 20 percent in local currencies from a year ago and up 30 percent on a U.S. GAAP basis, reflecting the industry’s strong global growth.

“Q3 2011 marked yet another period of consistently robust results as we generated significant sales growth of 20 percent in local currencies while continuing to deliver a superior level of incremental operating profit margin at 29 percent, thus continuing at near-record levels in profitability,” said Jacques Esculier, WABCO Chairman and Chief Executive Officer. “Propelled by the global growth in our industry, our third quarter results mark how WABCO continues to demonstrate its ability to outperform the overall market, improve productivity and deliver high incremental profitability.”

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“During Q3 2011, the commercial vehicle industry continued to develop strongly as Europe, North America and South America generated double-digit growth in production of trucks and buses. WABCO continued to outperform the overall market globally,” said Esculier. “In Q3 2011, China, India and Brazil still produced 58 percent of the world’s trucks and buses. WABCO further benefited from our well anchored position in these emerging markets where we successfully maintain an increasing level of adoption of WABCO technologies and systems, resulting in a higher value of WABCO content per vehicle.”

WABCO reported Q3 2011 performance operating income of $94.5 million, two thirds higher than $56.4 million a year ago, while operating income was $92.4 million on a U.S. GAAP basis, up from $54.8 million a year ago. The ratio of the increase in performance operating income in Q3 2011 and the 20 percent increase in sales represents an incremental operating margin of 29 percent, excluding the impact from foreign exchange translation.

WABCO reported Q3 2011 performance operating margin of 13.4 percent, up from 10.3 percent a year ago, while operating margin was 13.1 percent on a U.S. GAAP basis, up from 10.1 percent a year ago.

WABCO reported Q3 2011 performance net income of $81.9 million or $1.19 per diluted share, up from $47.1 million or $0.71 per diluted share a year ago, and Q3 2011 U.S. GAAP net income of $83.8 million or $1.22 per diluted share, up from $44.0 million or $0.66 per diluted share a year ago.

WABCO generated $103.7 million in net cash from operating activities in Q3 2011, resulting in free cash flow of $83.1 million, excluding payments of $8.5 million for streamlining and separation activities, which is a conversion rate of 101 percent of performance net income.

“Q3 2011 marks another quarter of superior results, showing how WABCO consistently and efficiently transforms strong global sales growth into robust profitability,” said Esculier. “WABCO delivered an operating margin of 13.4 percent on a performance basis, which ranks near our all-time record of 13.6 percent for performance operating margin that we achieved in the previous quarter. We also delivered Q3 2011 performance net income of $81.9 million, very close to WABCO’s record that we set last quarter.”

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“WABCO’s Operating System, one of our industry’s most advanced management environments, continues to yield a high level of productivity. It generated $17.3 million of materials and conversion productivity in Q3 2011. Gross materials productivity represented 4.9 percent of total materials cost but, as expected, the impact of commodity inflation reduced net materials productivity to 3.1 percent,” said Esculier. “Q3 2011 was also another powerful quarter throughout our organization for conversion productivity, which surged to a record level of 6.3 percent, marking a commanding achievement, particularly in a long series of consecutive quarters of high growth.”

Since the inception of WABCO’s share buyback program announced on May 27, 2011, the company has repurchased 2.4 million shares for $131 million in open market transactions while maintaining a strong balance sheet with a positive net cash position of $36.0 million as of September 30, 2011.

Recent Highlights

On October 6, WABCO announced that it has entered into a long term agreement with IVECO to supply innovative anti-lock braking systems (ABS) with WABCO’s breakthrough ESCsmart™ technology that certifies electronic stability control (ESC) for commercial vehicles. IVECO is a global manufacturer of commercial vehicles headquartered in Italy. WABCO’s ABS and ESCsmart technologies will equip Eurocargo Euro 6 medium duty on-road trucks starting in 2013 for series production in Europe. WABCO’s ESCsmart is the commercial vehicle industry’s first and most efficient technology of its kind to homologate ESC, saving significant time and labor for truck and bus manufacturers.

In Q3 2011, WABCO reported that it will supply its breakthrough c-comp™ clutchable air compressor technology to a global customer headquartered in Europe, one of the world’s largest manufacturers of heavy duty trucks, as part of the multi-year extension of a major long-term agreement to supply advanced air compression technology. WABCO c-comp air compressors allow fuel savings up to 264 gallons (1,000 liters) on long haul applications annually while reducing the vehicle’s carbon dioxide emissions by as much as 5,700 pounds (2,600 kilograms). Deliveries worldwide will start in 2013 in support of the customer’s truck engines that will meet upcoming EURO VI emission standards.

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During Q3 2011, WABCO entered into new agreements with several major customers to supply advanced safety technologies and systems for series production. For example, WABCO will supply KAMAZ with anti-lock braking systems (ABS) that are integrated with anti-slip controls (ASR) to improve braking and driving performance. KAMAZ is the largest manufacturer of commercial vehicles in the Russian Federation. WABCO will supply Van Hool with Adaptive Cruise Control (ACC) for buses. Van Hool, based in Belgium, is one of the industry’s largest independent manufacturers of buses.

WABCO disclosed in Q3 2011 that it has entered into a multi-year agreement with leading global automaker General Motors to supply innovative mechanical vacuum pump technology for gasoline direct-injection (GDI) engines in passenger cars to be produced in North America, Europe and Asia. Series production is expected to begin in 2012. WABCO’s industry-leading vacuum pump technology offers a compact, light-weight design with ultra-low power consumption attributes.

WABCO announced in Q3 2011 that its subsidiary WABCO India has been honored with two excellence awards from TATA Motors, India’s largest manufacturer of commercial vehicles. TATA Motors has recognized WABCO for “Excellence in Technology and Innovation” and “Excellence in Quality.” WABCO currently supplies TATA Motors with an extensive range of products and systems related to braking as well as air generation and management for trucks and buses. TATA Motors is the world’s fourth largest truck manufacturer and the world’s second largest bus manufacturer.

WABCO also reported in Q3 2011 that it has been honored in Brazil with ZF South America’s first Sustainability Award for best performance in sustainable practices. ZF is a leading worldwide automotive supplier for driveline and chassis technology headquartered in Germany. For this award, ZF’s supplier must have environmental management systems certified as ISO 14001 compliant as well as Occupational Health and Safety Assessment Series (OHSAS) 18001 certification. The supplier must also demonstrate strong results on four out of five sustainability pillars: environment, society, education, culture and sports. WABCO supplies ZF with conventional and advanced technologies and components for transmission automation and driveline controls.

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Also in Q3 2011, WABCO presented its new IVTM™ system, which is the company’s latest breakthrough technology for integrated monitoring of tire pressure on trucks, trailers and buses. Together with TrailerGUARD™ telematics, IVTM provides drivers and fleet operators with real-time tire pressure information. It helps maintain tire inflation at optimum level and, as a result, reduces fuel consumption by up to 2 percent while increasing the lifetime of tires by up to 20 percent. It also improves vehicle safety as correct tire inflation enables better road handling and shorter braking distance.

Recently, the Meritor WABCO joint venture in North America announced that it intends to form a strategic alliance with Takata, a global leader in safety systems, to develop new active safety system products for commercial vehicles in North America. Starting now, Meritor WABCO markets and distributes Takata’s SafeTraK® lane departure warning systems for trucks and trailers. The proposed alliance complements and enhances Meritor WABCO’s portfolio of industry-leading active safety technology such as OnGuard™ collision safety systems and SmartTrac™ stability control systems.

WABCO Maintains Full Year 2011 Guidance

WABCO maintains its previously disclosed full year 2011 guidance: sales growth to range from 22 to 25 percent in local currencies; full year performance operating margin to range from 13.2 to 13.8 percent and operating margin on a U.S. GAAP basis to range from 12.8 to 13.4 percent; and diluted earnings per share on a performance basis to range from $4.55 to $4.80 and on a U.S. GAAP basis to range from $5.01 to $5.26.

WABCO maintains that it expects to convert between 80 and 90 percent of its full year 2011 performance net income into free cash flow, excluding payments associated with streamlining and separation activities.

“We continue to leverage WABCO’s three-pillar strategy of technology leadership, globalization and excellence in execution, enabling our global organization to take fast, flexible and full advantage of changing market conditions,” said Esculier. “Looking ahead, we expect to continue to outperform the global market while driving productivity gains and continuing to deliver outstanding profitability.”

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Conference Call

WABCO Chairman and Chief Executive Officer Jacques Esculier and Chief Financial Officer Ulrich Michel will discuss WABCO’s results and outlook on a conference call at 9 a.m. Eastern Time today. It will be webcast at www.wabco-auto.com where the press release and financial information will be available under “WABCO Q3 2011 Results.”

The call is also accessible by telephone in listen only mode. Dial-in number is +1 408 940 3818 and U.S. toll-free dial-in number is 877 844 0834.

A replay of the call will be available from 12:00 Noon Eastern Time on October 27 until midnight November 27, 2011. Replay dial-in number is +1 404 537 3406 and U.S. toll-free dial-in number is 855 859 2056. Pass code is 10535542.

About WABCO

WABCO (NYSE: WBC) is a leading global supplier of technologies and control systems for the safety and efficiency of commercial vehicles. For over 140 years, WABCO has pioneered breakthrough electronic, mechanical and mechatronic technologies for braking, stability and transmission automation systems supplied to the world’s leading commercial truck, trailer and bus manufacturers. With sales of $2.2 billion in 2010, WABCO is headquartered in Brussels, Belgium. For more information, visit www.wabco-auto.com

Forward-Looking Statements

This document contains certain “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995 that are based on management’s good faith expectations and beliefs concerning future developments. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “strategies,” “prospects,” “intends,” “projects,” “estimates,” “plans,” “may increase,” “may fluctuate,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward looking in nature and not historical facts. Actual results may differ materially from these expectations as a result of many factors. These factors include, but are not limited to, the actual level of commercial vehicle production in our end markets, adverse developments in the business of our key customers, pricing changes to our supplies or products, and the other risks and uncertainties described in the “Risk Factors” section and the “Information Concerning Forward Looking Statements” section of WABCO’s Form 10-K, as well as in the “Management’s Discussion and Analysis of Financial Condition and Results

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of Operations - Information Concerning Forward Looking Statements” section of WABCO’s Form 10-Q Quarterly Reports. WABCO does not undertake any obligation to update such forward-looking statements. All market and industry data are based on company estimates.

Non-GAAP Financial Measures

To facilitate the understanding of Q3 2011 results, several tables follow this news release. Sales excluding the effects of foreign exchange, incremental gross and operating margin and EBIT are non-GAAP financial measures. Additionally, operating income, EBIT, net income and net income per diluted share on a “performance basis” are non-GAAP financial measures that exclude separation and streamlining items, the EC fine indemnification, and discrete and other one-time tax items, as applicable. Free cash flow presents our net cash provided by operating activities less net cash used for purchases of property, plant, equipment, and computer software. These measures should be considered in addition to, not as a substitute for, GAAP measures. Management believes that presenting these non-GAAP measures is useful to shareholders because it enhances their understanding of how management assesses the operating performance of the company’s business. Certain non-GAAP measures may be used, in part, to determine incentive compensation for current employees.

Attachment

Media, investors and analysts contact

Jason Campbell, +1 732 369 7477, jason.campbell@wabco-auto.com

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WABCO HOLDINGS INC.

Consolidated Statements of Income

(Unaudited)

WABCO HOLDINGS INC.

Condensed Consolidated Balance Sheet

WABCO HOLDINGS INC.

Consolidated Statement of Cash Flows

(Unaudited)

WABCO HOLDINGS INC.

Q3 2011 Data Supplement Sheet (Unaudited)

Note: The presentation of the performance measures above are not in conformity with generally accepted accounting principles (GAAP). These measures may not be comparable to similar measures of other companies as not all companies calculate these measures in the same manner.

WABCO HOLDINGS INC.

Nine Months Ended September 30, 2011 Data Supplement Sheet

(Unaudited)