the Company’s functional and business areas. Global vehicle production in 2024 fell by around 1 million compared to 2023 to 89.1 million vehicles. Restructuring Plan -The Company aims to implement the restructuring measures swiftly and consistently, and to return to a positive operating result in 2025. This comes amid ongoing market challenges, including a slowdown in demand for EVs and intensifying competition, particularly from Chinese car ma...

Major Suppliers  Updated at: 2025/05/28

everal leading companies in the tire, rubber, and oil industries, including Michelin. This is the first full-scale recycling plant to be constructed by the JV (following its formation in March 2023). The plant’s construction will start in the first quarter of 2024 and will be fully operational in 2025. (From a press release dated February 7, 2024) Business Partnership Partner Details Beontag RFID-enabled smart tires-Beontag announced a par...

Major Suppliers  Updated at: 2025/05/27

nks and refrigeration lines and connectors, and a top five supplier of coolant modules.-Effective from 1 January 2024, the Company is operating under a new regional reporting structure with three geographic regions: Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific.-On April 15, 2025, the Company was acquired by ABC Technologies Inc. (ABC) for an enterprise value of over GBP 1.8 billion. The combined business will be rebranded...

Major Suppliers  Updated at: 2025/05/23

the business sector made considerable progress in cost reduction, this was not enough to fully offset the impact of weaker sales and the additional costs from structural measures announced during the year. Outlook -The Company foresees high uncertainties during the fiscal year ending December 31, 2025, due to global trade disruptions, such as tariff barriers and geopolitical tension. Despite these challenges, the Company expects its sales to in...

Major Suppliers  Updated at: 2025/05/23

r-Cylinder head covers-PCU cases-Inverters-Cylinder blocks-Steering-system parts, housings-Transfer cases-Electric-power-steering parts, gear housings-Bearings and sub-assemblies for suspensions-Brake bearings-Bearing materials for wipers Financial Overview (in JPY millions)   FY ended Mar.31, 2025 FY ended Mar.31, 2024 Rate of change (%)   Net sales 136,303 128,738 5.9 1) Operating profit 7,091 6,084 16.6 2) Ordinary profit 6,820 5,8...

Major Suppliers  Updated at: 2025/05/20

duct lineup of chemical systems, including condensed batteries, ternary high nickel batteries, ternary high voltage medium nickel batteries, M3P batteries, lithium iron phosphate batteries, and sodium ion batteries. CATL's automotive clients include BMW, Mercedes-Benz, Stellantis, Volkswagen, Ford, Toyota, Hyundai, Honda, Volvo, SAIC, Geely, NIO, Li Auto, Yutong, and Xiaomi.   -In passenger cars, the Company's products can be applied to differen...

Major Suppliers  Updated at: 2025/05/19

rmance Award from VW India KSS wins Quality Excellence Award from GM KSS supplying interior components for Chrysler's SRT Viper Littelfuse completes acquisition of Hamlin KSS wins Performance Award from Maruti Suzuki Littelfuse to acquire sensor subsidiary of KSS KSS receives performance award from Toyota Motor Europe KSS wins Excellent Supplier Award from Geely KSS receives appreciation certificate from Maruti Suzuki India KSS receives Chery Bes...

Major Suppliers  Updated at: 2025/05/17

ng for consolidation and currency translation effects, sales declined by 9.9% in the Thermal Management business unit and by 5.7% in the Electronics and Mechatronics business unit. *Figures other than the four main business units have been omitted from the chart. Restructuring -Effective January 1, 2025, the Company reduced its business units from five to three to enhance efficiency and accelerate the implementation of its MAHLE 2030+ strategy. ...

Major Suppliers  Updated at: 2025/05/15

in standardization and automation. It will To increase efficiency in R&D and administration by using AI or relocation or possible bundling of activities. -The annual gross savings targeted by the measures up to 2028 are around EUR 400 million, of which around EUR 150 million should be achieved by 2025.-The company plans to spend around EUR 200 million to implement these measures until 2028, of which a large extent will be spent by the end of 20...

Major Suppliers  Updated at: 2025/05/15

h includes battery systems, electronics, and power electronic components for passenger vehicles, trucks, buses, trains, and machinery H2-Power business group: Designs and manufactures hydrogen solutions including high-pressure fuel tanks, fuel cell stacks and integrated systems -As of February 1, 2025, the Company continued its restructuring activities, combining the Exterior and Lighting business groups into a single business group called Exte...

Major Suppliers  Updated at: 2025/05/14

cturer of interior automotive lighting components in Europe, and a relevant supplier in the ambient light segment, especially for premium vehicles.     Competitors Headliners Doors and Hard trim Instrument panels and Central consoles Component and  JITs Lighting -Howa Tramico-IAC-Tuopu-Toyota Boshoku-IMR-Industrialesud-Yanfeng-Nobo Auto -FORVIA-Yanfeng-Ningbo Huaxiang Electronic (NBHK)-Toyota Boshoku-Seoyon e-Hwa-Motherson-Kasai Ko...

Major Suppliers  Updated at: 2025/05/13

-The Company’s global product groups market share in 2024: Driving Assistance (ADAS and AD): 13% Interior Experience: 5% Power, including powertrain and thermal systems: 10% Lighting systems: 15% Wiper systems: 23% -The Company is listed on the Euronext Paris stock exchange  (As of Feb. 27, 2025) Major Shareholders % of share capital BlackRock, Inc. 5.80 SITAM Belgique 5.62 Bpifrance Participations 5.15 Capital Group 5.12 ...

Major Suppliers  Updated at: 2025/05/12

cia Aptoide Automotive has been recognized as a global partner in key markets across the world. Its apps market platform brings apps in categories such as music streaming, gaming, video, and navigation into the automotive ecosystem. It is forecasted to achieve 20% market share in automotive apps by 2025 and 35% by 2030. Aptoide and the Company will continue to cooperate in Faurecia Aptoide's app store and related services development. (From a Com...

Major Suppliers  Updated at: 2025/05/09

ons division. Automotive Technologies division Vehicle Lifetime Solutions division Bearings & Industrial Solutions division -E-Mobility-Engine & Transmission Systems-Chassis Systems -Europe-Americas-Greater China-Asia Pacific -Europe-Americas-Greater China-Asia Pacific -At the beginning of 2025, the Company reorganized its reporting structure into four primary divisions as well as the Others division, each comprised of multiple individua...

Major Suppliers  Updated at: 2025/05/09

the fiscal year ended December 31, 2024, decreased by 3.4% year-over-year to USD 771.3 million. Restructuring -The Company revealed the relocation of the steering columns business from its US site in Saginaw, Michigan to its Mexico site in Juarez remains on schedule, with completion now expected by 2025, earlier than initially planned. This transition is expected to improve profit margins via larger scale and more competitive production and suppl...

Major Suppliers  Updated at: 2025/05/08

ss strategy allows for a life cycle complete traceability. This plan also supports tit to achieve full decarbonization targets in Scopes 1 and 2 by 2045, working with the supply chain to guarantee alignment.-(From a press release dated June 20, 2023) Outlook -For the fiscal year ending December 31, 2025, the Company expects sales for the auto business to outperform market production volumes growth in the low-single digit range with an EBITDA marg...

Major Suppliers  Updated at: 2025/05/08

to reduce 2,000 indirect jobs and 6,000 direct jobs. The Company estimates that these reductions will result in annual savings of approximately USD 135 million when fully implemented, with around USD 50 million in savings recorded in 2024, which is expected to increase to around USD 100 million in 2025 and the remaining amount in 2026 and 2027. -At the end of 2024, around 1,400 of the planned indirect reductions were completed. -In addition, the...

Major Suppliers  Updated at: 2025/05/07

me Market of the Tokyo Stock Exchange  (As of Dec. 31, 2024) Shareholder Investment Ratio (%) The Master Trust Bank of Japan, Ltd. (Trust Account) 14.39 Custody Bank of Japan, Ltd. (Trust Account) 5.87 STATE STREET BANK AND TRUST COMPANY 505001 (Standing proxy Mizuho Bank, Ltd.) 4.32 Toyota Motor Corporation 4.17 Denso Corporation 4.17 JP MORGEN CHASE BANK 385632 (Standing proxy Mizuho Bank, Ltd.) 3.05 GIC PRIVATE LIMITED - C...

Major Suppliers  Updated at: 2025/05/07

software technologies. Covering a planned area of 12,000 square meters for the first phase, the plant covers four production lines for advanced driver-assistance systems, high-performance domain controllers, safety electronics, and chassis control systems, and plans to achieve mass production in 2025. (From a ZF press release dated August 1, 2023)  -ZF announced that it signed an investment agreement with Wuhan Economic and Technologic...

Major Suppliers  Updated at: 2025/05/07

erformance Chemicals”, which include fluoropolymers used as an automotive wire covering material, into the strategic businesses. (From an article in the Nikkan Jidosha Shimbun on February 9, 2024) The Company strengthening next-generation mobility products to achieve sales of JPY 40 billion in FY 2025-AGC Inc. (AGC) has been strengthening the development of products for next-generation mobility. AGC has been developing a glass antenna to be mou...

Major Suppliers  Updated at: 2025/05/07