UltraSense Systems and Mankiewicz develop next-gen ShyTech Smart Surfaces On August 27, UltraSense Systems, a next-generation Tier 2 supplier of Human-Machine Interface (HMI) systems and modules, and Mankiewicz, a global leader in high-performance coating systems, announced a collaboration to modernize vehicle interiors and exteriors with cost-effective, seamless smart surface solutions. The partnership combines Mankiewicz’s INSIGHT ShyTech hid...

News  Updated at: 2025/08/28

TactoTek, Finland partners with TK Group for automotive IMSE film supply chain in China On July 10, TactoTek announced that TK Group (Holdings) Limited, a precision molding company, has joined its IMSE ecosystem as a licensee. The partnership establishes the first automotive-grade IMSE functional film supply chain in China and positions TK Group as a global Tier 1 supplier of finished IMSE products for non-automotive markets. Under the agreement,...

News  Updated at: 2025/07/11

SK Tec inaugurates expansion in Mexico On July 9, it was reported that Japan-based auto parts manufacturer SK Tec inaugurated the expansion of its plant in Irapuato, Mexico, following an investment of USD 19.8 million. The expansion strengthens the company’s role as a Tier 2 supplier in the Mexican automotive value chain and is expected to generate 80 specialized jobs. SK Tec employs 200 workers and focuses on stamping, welding, assembly, and p...

News  Updated at: 2025/07/11

Marelli does business with 1,731 suppliers in Japan A survey conducted by Teikoku Databank, Ltd. has revealed that there are 1,731 suppliers dealing with Marelli Holding Co., Ltd. (Marelli) or Marelli Group companies, which have gone bankrupt, in Japan. The total amount of their dealings is estimated to be JPY 260.04 billion, and the number of relevant employees is about 287,000. The impact on such suppliers is a matter of concern if the reconstr...

News  Updated at: 2025/06/24

SUBCON Thailand 2025 spurs strong trade, xEV parts deals reach THB 3.65 billion Announced on May 20, 2025, Thailand’s Board of Investment (BOI) reported strong results from the 19th SUBCON Thailand 2025, held from May 14–17. The event drew over 46,000 attendees and 68 buyer delegations from 13 countries, resulting in 9,975 business matching sessions and projected trade value exceeding THB 22 billion in industrial parts. A special activity, th...

News  Updated at: 2025/05/27

Teikoku Databank survey: 19,016 companies deal with Nissan in Japan According to a survey conducted by Teikoku Databank, Ltd. (Teikoku Databank), there are 19,016 companies dealing with Nissan Motor Co., Ltd. (Nissan) in Japan. Of the total number, 1,816 companies are tier 1 parts suppliers, 12,120 companies are tier 2 parts suppliers, and 5,080 companies are Tier 3 and downstream parts suppliers. By sales scale (of 18,357 companies whose busines...

News  Updated at: 2025/05/20

TAPMA: "Japan First" policy to foster innovation in Thailand’s auto/parts industry Reported on March 11, 2025, the Thai Auto-Parts Manufacturers Association (TAPMA) praised the "Japan First" policy by the Thai government that aims to attract high-tech automotive investments across ICE vehicles, EVs, and HEVs. This policy encourages the use of locally manufactured auto parts and fosters innovation in Thailand’s auto industry. This policy was m...

News  Updated at: 2025/03/12

ZF Thailand selects 75 suppliers from 8 key auto parts groups at matchmaking event On March 4, 2025, ZF Thailand, in collaboration with the Board of Investment (BOI), organized a matchmaking event in Bangkok. At the “ZF Thailand Supplier Day 2025," the company selected 75 suppliers across 8 key auto parts manufacturing groups, including Chassis solutions, Electromechanical and assembly, Chemical components, Casting, Steel components, Forging an...

News  Updated at: 2025/03/05

Toyota to continue support for parts suppliers, and expand support to Tier 2 and other suppliers On February 12, Toyota Motor Corporation (Toyota) unveiled a policy to continue its support to suppliers in the first half of 2025 (April to September). Moreover, the company will reflect the increased costs of raw materials, energy, and logistics in the transaction price. As for its “investment in people” policy, Toyota will focus on expanding th...

News  Updated at: 2025/02/13

Motherson Group to acquire Brazil based tier-2 supplier BALDI INDUSTRIA On December 14, Samvardhana Motherson International Limited (SAMIL) announced that its wholly owned subsidiary Samvardhana Motherson Automotive Systems Group B.V. will acquire 100% shareholding of BALDI INDUSTRIA E COMERCIO LTDA. (Baldi). The agreement is a cash consideration of BRL 47 million (USD 7.8 million).  Baldi is a Tier 2 automotive supplier providing wrapping solu...

News  Updated at: 2024/12/16

Infineon Technologies Japan aiming to double sales within next six years Infineon Technologies Japan K.K. (Infineon Technologies Japan, Shibuya Ward, Tokyo) announced its plan to double its sales within next six years. Mr. Hajime Kambe, who became the company’s president in July 2024, answered an interview. The company, whose automotive-related business sales account for about 70% of its total sales, aims to increase sales in the renewable ener...

News  Updated at: 2024/09/05

Fibocom sells 100% of equity in Rolling Wireless, Luxembourg On July 26, Rolling Wireless announced that Fibocom decided to sell 100% of the equity in Rolling Wireless (Luxembourg) S.à r.l. and all its subsidiaries. The new owner is a fund composed of international investors predominantly from Europe and North America, with some representation from Asia. Rolling Wireless is the world’s leading Tier 2 supplier of network access devices (NADs) t...

News  Updated at: 2024/08/02

VLF, Italian electric two-wheeler manufacturer to enter Indian market On July 6, VLF, an Italian electric two-wheeler brand announced its entry into the Indian electric two-wheeler market with its electric scooter named ‘Tennis’. It is partnering with KAW Veloce Motors Pvt Ltd to handle manufacturing and distribution. The manufacturing facility will be established in Kolhapur, Maharashtra. It plans to launch the scooter during the festive sea...

News  Updated at: 2024/07/08

Statiq, India partners with Hyundai, ChargeMOD and Glida for EV charging network On June 12, the Statiq EV charging network collaborated with Charge Point Operators (CPOs), Hyundai, ChargeMOD, and GLIDA. This partnership will allow users to access these multiple CPOs charging networks through the Statiq mobile app. It is poised to onboard 2,000+ new public chargers through these partnerships. The app offers features like locating charging station...

News  Updated at: 2024/06/13

Siete Leguas Automotive inaugurates new plant in Mexico On May 23 it was announced that Siete Leguas Automotive inaugurated a new plant in the Mexican state of Durango thanks to an investment of MXN 900 million. This new plant will help increase production in the machining aluminum injection and assembly area, generating 300 new direct jobs. The company is a Tier 2 dedicated to the machining of highly complex components for OEMs and has clients l...

News  Updated at: 2024/05/29

Lemtech inaugurates first plant in Mexico On May 10, it was announced that Lemtech Holdings, a Taiwanese Tier 2 company, inaugurated its first plant in Mexico, located in Queretaro state, thanks to an investment of USD 7 million. This plant is dedicated to metal stamping, plastic injection molding and mechanical assemblies for the automotive industry, creating 60 jobs by the end of 2024 and plans to have 80 employees by 2025. An expansion is expe...

News  Updated at: 2024/05/11

Provizio, Ireland partners with Mergon for imaging radar solutions On April 15, Provizio announced a strategic partnership with Mergon, a global Tier 1 and Tier 2 automotive supplier. This collaboration marks a significant leap forward in expediting the production of Provizio’s VizioR&I family of industry-leading imaging radars with embedded 5D Perception, poised to accelerate the delivery of safe, cost-effective, and scalable L3+ autonomy and ...

News  Updated at: 2024/04/17

Auto Plastek invests USD 5.5 million to inaugurate new plant in Silao, Mexico On February 7, the inauguration of the third plant of the Mexican company Auto Plastek, Tier 2 supplier to the automotive sector, was announced. Auto Plastek is dedicated to plastic injection, mainly for the automotive industry, although it also works for other sectors.  For this 7,500 square meter plant and additional 2,500 square meters for its future expansion, USD ...

News  Updated at: 2024/02/10

Daihatsu directly explains compensation to tier 2 parts suppliers Daihatsu Motor Co., Ltd. (Daihatsu) has started directly explaining compensation to some tier 2 parts suppliers. Until now Daihatsu had only made the content of its compensation known to tier 2 parts suppliers through its tier 1 parts suppliers. However, the OEM has started explaining the compensation contents through direct visits or online to companies whose sales greatly depend ...

News  Updated at: 2024/02/07

Teikoku Databank reveals results of survey on Toyota Industries’ supply network Teikoku Databank, Ltd. (Teikoku Databank) has revealed the results of a survey on Toyota Industries Corporation’s (Toyota Industries’) supply chain (supply network) in conjunction with Toyota Industries’ certification test fraud issue. Toyota Industries has 5,319 business partners (1% or greater of their sales depend on Toyota Industries) in Japan, and the amo...

News  Updated at: 2024/02/05