The ratings reflect TRW Automotive Acquisition Corp.'s average business profile as a leading provider of automotive systems, combined with a below-average financial profile, characterized by a heavy debt load and subpar cash flow protection. TRW Automotive is one of the world's largest manufacturers of original equipment automotive parts. The company's product lines include active safety systems and components in the areas of braking, steering, and suspension; passive safety systems and components such as inflatable restraints (airbags), seat belts, and steering wheels; and other automotive components such as engine valves, engineered fasteners, and body control systems. The company's average business profile reflects its leading market positions, strong technical capabilities, moderate growth prospects, and good diversity within the automotive industry. TRW Automotive
