ovember 12, 2024)Expansion of partnership with BYD in Europe-The Company has agreed to further expand its partnership with BYD in Europe. After launching BYD’s first operations in Europe in Hungary through the Company’s joint venture with BYD, the joint venture plans on launching a new plant in Turkey as well. (From a press release dated October 21, 2024) Recent Developments Adjusted sales guidance for FY 2024-On September 27, the Company ann...

Major Suppliers  Updated at: 2025/07/02

turing and corporate globalization made the Company one of the world's leading providers of braking technology. 1996 Pneumatic disc brakes for commercial vehicles were first produced on an industrial scale. 1997-98 Knorr-Orsan Ticari Arac Sistemleri Ltd, a joint-venture between Knorr-Bremse and Turkey's Orsan Yedek Parca Sanayi ve Ltd, opened a new factory in Corlu. The joint-venture produces diaphragm cylinders and brake components for buses...

Major Suppliers  Updated at: 2025/06/24

ngqing Auto Interiors Trim Systems, Co., Ltd., increasing its current total shareholding to 67%. Divestitures -During the second quarter of 2024, the Company inked with its partner Diniz Holding A.S. for the sale of a 45% stake in its joint venture Ototrim Panel Sanayi ve Ticaret, A.S. (Ototrim) in Turkey for an amount of EUR 45 million. The transaction was completed in October 2024. The Company maintains a 5% stake in Ototrim and expects to cont...

Major Suppliers  Updated at: 2025/06/05

nd Freudenberg to form joint venture within antivibration solutions Freudenberg transferring shares in European joint venture enmech to its partner NOK Freudenberg expands sealing products plant in Germany Freudenberg's China sales reach CNY 6 billion Freudenberg opens EUR 10 million plant in Turkey Freudenberg to invest EUR 40 million in Maisach site, Germany Trelleborg to sell its shares in TrelleborgVibracoustic to Freudenberg Trelleborg...

Major Suppliers  Updated at: 2025/06/03

UMMEL opened an office in Tehran and therefore now for the first time has its own representation in Iran. MANN+HUMMEL will primarily use the newly established office in the capital city of Iran to support customers in the automotive and industrial sector. In addition to the locations in the UAE and Turkey, Iran is the third office MANN+HUMMEL has established in the Near East. (From a press release on August 18, 2017) MANN+HUMMEL announced that it...

Major Suppliers  Updated at: 2025/06/02

1886 Opened "Workshop for Precision Mechanics and Electrical Engineering" in Stuttgart 1984 Established Nippon ABS Ltd. with Nippon Air Brake, Japan. 1990 Formed a joint venture company called ELBO Gas Appliances and Control Units Manufacturing and Trading Co. together with Elginkan Holding AS, Turkey. 1991 Acquired equity share in MotoMeter AG, in Leonberg, Germany which is engaged in the manufacture of display systems for automobiles. T...

Major Suppliers  Updated at: 2025/05/29

es and approximately 210 million truck and bus tires during the year.>>>Link to Tire Market Share Graphs  Tire Market in 2023 (in million units)   Passenger car and light truck tires Truck tires OE Replacement OE Replacement 2024 2023 2024 2023 2024 2023 2024 2023 Europe (Including Turkey and Eastern Europe) 76 83 403 371 5.9 7.4 25.6 25.7 North America 74 75 323 316 5.7 6.4 33.0 30.8 South America 15 15 81 79 2.4 1.9 17.2 16...

Major Suppliers  Updated at: 2025/05/27

cent. The steel pistons recently received Renault's award for "Outstanding Innovation Performance in 2014." Fully automatic assembly lines installed for the new product at the Rottweil plant took up production in November 2014. Production is also slated to commence at a further location in Izmir in Turkey before the end of 2015. Accordingly, well over two million steel pistons can roll off the lines in the coming year. (From a press release on Oc...

Major Suppliers  Updated at: 2025/05/15

ities Purchase Agreement (SPA) with Compagnie Plastic Omnium SE to divest its four-wheeler lighting systems operations in the Americas and Europe. The EUR 600 million transactions will see Varroc divesting its lighting System operations in the USA, Brazil, Mexico, Poland, Czech Republic, Germany, Turkey, and Morocco. The divestment is part of VEL’s (Varroc) strategy to align its resources with the high-value and high-growth primary markets i...

Major Suppliers  Updated at: 2025/05/14

e of around EUR 250 million, Spheros leverages its technological leadership to supply air conditioning systems to all the main bus manufacturers and major fleet operators. It employs 1,100 associates and has a worldwide sales network and a vast industrial footprint, with plants in Germany, Finland, Turkey, the United States, Brazil, China and India. The acquisition will allow Valeo to extend its thermal management activities to the bus market. (F...

Major Suppliers  Updated at: 2025/05/12

tors contributing to the Company’s sales are as follows: Western Europe: Sales in the region decreased by 9.7% to EUR 4,219.3 million from the previous year. Eastern Europe: Sales increased by 11% to EUR 1,902.0 million, despite being negatively impacted by exchange rate effects, particularly in Turkey. NAFTA: Sales in the region decreased by 2.8% to EUR 2,401.9 million. Mercosur: Sales in the region increased by 3.1% to EUR 927.6 million, but...

Major Suppliers  Updated at: 2025/05/08

eering wheels began in the United States. Oct. 1999 Purchased a 49.5% interest in the Estonian company Norma AS, the dominant seat belt supplier to the Russian car industry, and received an option to increase its Norma holding to 51%. 1999 New plants were completed in Argentina, Canada, Poland, Turkey and Tunisia. Construction of a new technical center was completed in Japan. Jan. 2000 Acquired from Izumi 99% of Japan's second largest ste...

Major Suppliers  Updated at: 2025/05/07

ElringKlinger receives Supplier of the Year from GM ElringKlinger partners with Sensor-Technik Wiedemann on lithium-ion battery systems ElringKlinger inaugurates new plant in Suzhou ElringKlinger to acquire 27% stake in German engineering company hofer ElringKlinger inaugurates new plant in Bursa, Turkey ElringKlinger receives a major lightweight contract from U.S. market ElringKlinger to supply lightweight shielding systems to Japanese automake...

Major Suppliers  Updated at: 2025/05/06

Driveline to consolidate development activities in Japan by merging four subsidiaries GKN Driveline Japan to close Utsunomiya plant in two years American Axle buys GKN Automotive owner Dowlais for USD 1.44 billion GKN Driveline, U.K., starts manufacturing driveline components in Turkey GKN Driveline reinforcing development of drive units for hybrid and electric vehicles GKN Driveline's drive unit selected for PSA's new H...

Major Suppliers  Updated at: 2025/05/03

lass production joint venture in China Bekaert to sell Specialty Films activities to Saint-Gobain Saint-Gobain developed new windscreen Saint-Gobain marketing heat conducting silicone sponge for use in electric vehicles Saint-Gobain Sekurit and Trakya Cam Sanayii A.S., a flat glass manufacturer in Turkey, signed an MOU Saint-Gobain Sekurit provides the new Citroen C3 with a windshield Systaic AG and Saint-Gobain Sekurit will start a cooperation ...

Major Suppliers  Updated at: 2025/05/01

Regulation (GSR) standards requiring automatic sensing of speed limits in all new vehicle models, without relying on third-party map and GPS data. The new software, designed for Mobileye’s EyeQ platform, has been certified for use in all 27 EU countries as well as Israel, Norway, Switzerland, and Turkey. The EyeQ4 and EyeQ6-based ISA system could update with no new hardware required. The ISA system is expected to go into production in Q4/2023. ...

Major Suppliers  Updated at: 2025/04/26

and comfort, and has been adopted for the Golf Variant eTSI Style and eTSI R-Line. The tire size is 225/45 R17 91W. (From a press release dated August 23, 2021) The Goodyear Tire & Rubber Company (Goodyear) announced that it will adopt 100% renewable energy at its Goodyear plants across Europe and Turkey in the first of a multiple-phase plan to procure 100% renewable energy in all its facilities across Europe, Middle East and Africa by the end o...

Major Suppliers  Updated at: 2025/04/25

g, China Magna International Receives Top-Supplier Award from Volkswagen Magna supplies seat systems for Chevrolet Equinox and GMC Terrain Magna opens powertrain plant in China Magna opens two new plants in Mexico Magna's German subsidiary inspected by Federal Cartel Office Magna opens new plant in Turkey Magna opens seat components plant in Serbia Magna's 11 divisions receive Supplier Quality Excellence Awards from GM Magna produces 5 millionth ...

Major Suppliers  Updated at: 2025/04/25

es the control valve of the injector. To date, Delphi has invested more than 155 million euros in production projects at the site. Worldwide, the group now operates sites dedicated to diesel engine management system activities, with a presence in France, Spain, the United Kingdom, Romania, Hungary, Turkey, Mexico, Brazil, India, Singapore and Korea. (From a press release on November 7, 2011) Delphi Automotive LLP and Great Wall Motors signed a st...

Major Suppliers  Updated at: 2025/04/23

egrated sensors, data processor and communication system, housed in a rubber container that is glued to the inner surface of the tire tread. It can be retrofitted to any tire brand. ContiPressureCheck will be available from spring 2013 on European markets, starting with Germany, Poland, Benelux and Turkey. (From a press release on September 18, 2012) Continental AG launched three new production lines in Changchun, Jilin Province, China: NOx Senso...

Major Suppliers  Updated at: 2025/04/22