cost-cutting program Deutz examines sales of Cologne-Deutz site The Volvo Group has sold its shares in Deutz AG Deutz enters the field of electrification and acquires electric drive specialist Torqeedo Deutz approves engines for the use of alternative fuels Deutz postpones medium-term goals from 2022 to 2023/2024 Deutz announces EUR 41 million investment in German plants Deutz observes significant increase in incoming orders Deutz welcomes new...

Major Suppliers  Updated at: 2025/08/07

’s battery materials business for USD 75 million, which included a manufacturing facility, R&D center, and pilot plant. Jan. 2018 Sold automotive battery systems business to Cummins. Nov. 2021 Announced intent to sell the Battery Materials business unit and completely exit the business. Jan. 2022 Completed sale of Advanced Glass Technologies business unit to Fenzi Holdings SPV S.p.A. for GBP 173 million. Nov. 2022 Completed the sale of ...

Major Suppliers  Updated at: 2025/08/06

p, to establish a joint-venture production plant to manufacture constant-velocity joints, at the KIM Industrial Park in Karawang located in eastern Java Island. Jun. 2021 Turned Taira Forging into a consolidated subsidiary. Jul. 2021 Established NTN Europe Holdings SAS in Annecy, France. Apr. 2022 Moved to the Prime Market of the Tokyo Stock Exchange. Mar. 2023 Changed name of NTN-SNR Roulements S.A. in France, to NTN Europe S.A. Aug. 2...

Major Suppliers  Updated at: 2025/08/04

subsidiary) Apr. 2021 NS Advantech merged with NS Electronics May 2021 Established the Utsunomiya Technical Center in Utsunomiya, Tochigi Prefecture Jun. 2021 Nippon Seiki De Mexico S.A. De C.V. merged with Nissei Advantech De Mexico S.A. De C.V. and Nissei Display Mexico, S.A de C.V. Apr. 2022 Moved to the Standard Market of the Tokyo Stock Exchange from the Second Section due to the Tokyo Stock Exchange’s reorganization. Oct. 2022 ...

Major Suppliers  Updated at: 2025/08/04

rations. Feb. 2012 Established P.T. TD Automotive Compressor Indonesia to manufacture air-conditioner compressors. Jan. 2013 TIBC Co., Ltd., joint venture with Ibiden Co., Ltd., has been dissolved. Oct. 2016 Sold off all the shareholdings held in Toyota Motor Industries Poland Sp.zo.o. Oct. 2022 Ishihama Plant began operations. Toyota Industries develops new components for the new Toyota Prius Toyota Industries' newly developed plasti...

Major Suppliers  Updated at: 2025/08/04

ng to in-wheel motors. The technology directly supplies power to vehicle motors from the road surface while a vehicle is in motion or is stopped to extend mileage of electric vehicles (EVs) even with a limited number of batteries. The technology will be evaluated using vehicles, including tires, by 2022, aiming for a shift to demonstration tests in 2025. The University of Tokyo will develop the concept and the core technologies, NSK will develop ...

Major Suppliers  Updated at: 2025/08/04

the intelligent upgrading and sustainable development of the automotive lighting sector. (Detailed news) Awards -In 2024, the Company received 30 quality awards from OEMs Carbon Neutral Initiatives -Exhaust-emissions targets are listed below. (2030) Scope 1, 2, and 3: 42% reduction compared to 2022 emissions (2045) Net zero. 90% for all scopes compared to 2022 emissions Investment activities Expand display production in Brazil-Marelli, in...

Major Suppliers  Updated at: 2025/08/04

cations worldwide and will work closely with ZF’s existing Commercial Vehicle Technology division, ZF’s aftermarket division and the global development team. Additionally, ZF can offer digital fleet management solutions and an extensive global network of aftermarket services for CVs.-In January 2022, ZF merged the Commercial Vehicle Control Systems Division with the Commercial Vehicle Technology Division, creating the Commercial Vehicle Solut...

Major Suppliers  Updated at: 2025/08/01

bes for all DAF trucks, and fuel tanks and delivery systems for MMC 5F00 and Nissan L02D (Nissan Almera) projects. (From a press release dated July 30, 2024) Financial targets -By 2026, the Company expects to generate sales between EUR 3.8 billion to EUR 4.2 billion at a constant currency (based on 2022 average rates) and return to a double-digit Adjusted EBIT margin. It also aims to receive sales of more than EUR 4.5 billion by 2030. R&D Facilit...

Major Suppliers  Updated at: 2025/07/31

.S. Precision Works Hennef GmbH, and P.C.S. Precision Works KFT) have ceased operations in accordance with the resolution of the Board of Directors’ meeting on August 11, 2023. Capital Expenditure    (in million THB)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Total 237.9 567.5 243.8   -The Company’s headquarters and production facilities are located in Nakorn-Rajsima, Thailand. The Company also...

Major Suppliers  Updated at: 2025/07/31

e Battery Based Electric Motor Vehicle Acceleration Program (KBLBB) Astra Otopower charging networks. As of the end of 2024, the Company has 37 EV charging stations in 32 locations.   Capital Expenditure (in billion IDR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Overall 573.4 571.4 389.8 -The Company's capital expenditure in the fiscal year ended December 31, 2024, totaled IDR 573.4 billion to enhanc...

Major Suppliers  Updated at: 2025/07/31

lity, customizability, and sustainability of mobility. Its strategy is aligned with the major trends in the current mobility market of electrification and sustainability, automated driving and safety, and digital and sustainable cockpit experiences.-Following the acquisition of Hella on January 31, 2022, the Company is organized into six business units as follows: Business Group   Seating Develops and manufactures complete vehicle seats, se...

Major Suppliers  Updated at: 2025/07/29

mber 31, 2024) Production capacity (including estimates) Notes Korea 2004 Chungcheongbuk-doOchang No.1 LG Energy Solution (100%) 18 GWh -Invested KRW 150 billion (about JPY 15 billion) to add a 4GWh-scale 2170-type cylindrical battery production line. (From multiple media reports dated June 14, 2022) 2012 Chungcheongbuk-doOchang No.2 LG Energy Solution (100%) -The company will invest KRW 580 billion (about JPY 58 billion yen) to build a new...

Major Suppliers  Updated at: 2025/07/29

to Hyundai and Kia accounted for 41.2% and 34.9% of total sales, respectively.-In addition to its domestic Korean facilities, the Company operates production facilities in China, India, Indonesia, Hungary, the Czech Republic, Slovakia, Turkey, Mexico, U.S., Russia, Brazil and Spain.-On November 14, 2022, the company announced the formal establishment of two module and part manufacturing subsidiaries. The module production subsidiary is Motras, wh...

Major Suppliers  Updated at: 2025/07/29

The light beam is generated by RGB LEDs. It can be installed behind a central HMI display at dashboard level or elsewhere in the interior. (From a press release dated January 9, 2024)   R&D Expenditures (in million EUR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Net R&D Expenditures 262 300 277   R&D Structure -The Company has approximately 2,900 engineers employed at its research and development ce...

Major Suppliers  Updated at: 2025/07/29

ch possess key technologies for industry decarbonization, will be combined at the start of the new fiscal year on October 1, 2023, into the new segment Decarbon Technologies. The segment will have approximately 15,000 employees, generate pro forma sales of approximately EUR 3 billion in fiscal 2021-2022, and be headquartered in Dortmund, Germany.(From a press release on September 14, 2023) Organizational restructuring with changes in operational ...

Major Suppliers  Updated at: 2025/07/29

laundry care products offered under various brands.   Specialties Freudenberg Chemical Specialities -Specialty lubricants, mould release agents for the manufacture of articles, surface treatment chemicals and products for repair and maintenance.   Freudenberg e-Power Systems -Founded in April 2022-Fuel cell and battery systems for heavy-duty applications such as buses and trucks, as well as other market.-Under the XALT Energy brand, it prod...

Major Suppliers  Updated at: 2025/07/29

services, including IT, finance, sales, HR, and logistics, under one roof. It will enable the core business to purely focus on customer-centric functions. BSC is considered a flagship project that is to maximize the efficiency of business processes within the Group. (From a press release on May 24, 2022) The Government of the Republic of Northern Macedonia announced a new big project that Kostal is starting. The project, worth EUR 25 million, wit...

Major Suppliers  Updated at: 2025/07/29

from the Swiss Stock Exchange. The delisting will take place after the final judgment on the cancellation of Schaffner's remaining shares. (From the press release dated December 14, 2023) R&D Expenditure (in million USD)   FY ended Sep. 27, 2024 FY ended Sep. 29, 2023 FY ended Sep. 30, 2022 Overall 621 593 610   Capital Expenditure (in million USD)   FY ended Sep. 27, 2024 FY ended Sep. 29, 2023 FY ended Sep. 30, 20...

Major Suppliers  Updated at: 2025/07/29

rom an Autoliv press release dated June 3, 2024)   Outlook -For the fiscal year ending December 31, 2025, the company expects that its organic sales will increase by approximately 2%. R&D Expenditure (in million USD)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Net R&D Expenditure 398 425 390 % of Sales 3.8 4.1 4.4 -No single customer project accounted for more than 3% of the company’s research ...

Major Suppliers  Updated at: 2025/07/29