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FinancialsAlliedSignal puts brakes on ABS; tiny 6% market share is not enoughAlliedSignal puts brakes on ABS; tiny 6% market share is not enough
After spending the good part of a decade playing catch-up in the battle royal for antilock braking system (ABS) market share, Alliedsignal Automotive is throwing in the towel. Since the mid-'80s the company worked to dispel the image that it wasn't a serious threat in the world ABS market because it trailed too far behind its competitors in both technology and experience. And even though it landed
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