ich secures long-term 34.4 MW capacity, supports the Company’s sustainability goals, specifically in reducing Scope 2 emissions by 25% and indirectly covering most of its European electricity consumption. This project is set to generate around 90 GWh annually for 15 years, commencing in September 2025. (From a press release dated November 12, 2024) R&D Facilities -As of December 28, 2024, the Company has a total of nine engineering, research a...

Major Suppliers  Updated at: 2025/06/17

sponse to lower near-term customer demand. The measures include a reduction of the global workforce by approximately 150 positions. The Company targets overhead cost reductions of EUR 17 million in 2024. It also aims for additional annual savings of at least EUR 10 million with full effect from Q3/2025. The measures will be introduced during Q4/2024 and H1/2025. These mid-term measures will support the Company’s 2028 financial goals of over EU...

Major Suppliers  Updated at: 2025/06/06

hnology Co., Ltd., its joint venture in South Korea, for EUR 7.8 million. Orders -The major orders announced in the fiscal year ended December 2024 are as follows: Model Main products Start of Production Dodge RAM pickup DT (6th Generation) (North America) Door Panels and modular headliners H2/2025 Mercedes V530 EQE (Germany) Complete interior ambient lighting H1/2027 BMW 3 Series (Shenyang, China) Modular headliners H1/2027 Volvo FM a...

Major Suppliers  Updated at: 2025/06/05

group. The Company tripled production capacities to meet demand, launching two production cells in Reichelsheim, Germany in 2023. A third DIAvent production line will be operational in Berlin, Germany, in the first half of 2024. The Company will also start at least one additional production line in 2025 at its U.S. site in Shelbyville, Indiana. The DIAvent HighFlow integrates bidirectional pressure compensation with an emergency degassing functio...

Major Suppliers  Updated at: 2025/06/03

et. Additional service orders are also expected. The Company booked an order from the same manufacturer for various electric oil pumps in late 2023. Production of the initial order (from 2023) is set to start in May 2024, while this recently awarded production uplift is planned to begin in February 2025 and run for six years until December 2030. The Company’s various electric oil pumps can work with innovative dielectric solutions which offer f...

Major Suppliers  Updated at: 2025/06/03

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: 2025/06/02

by USD 123 million compared to the net loss of USD 202 million in the fiscal year ended December 2023.   *The above financial information is automatically updated based on the announcement of the company's financial results. Orders -The following is a summary of the Company's product adoption in 2025. The top 10 vehicle platforms are expected to account for approximately 45% of the Company's planned sales in 2025. -The CPV (contents per vehicl...

Major Suppliers  Updated at: 2025/06/02

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: 2025/06/02

Integrated Strength Award (Advanced Manufacturing Industry) - Gold Award for 2023 from Shanghai Jiading Industrial Zone Administrative Committee Excellent Quality Partner from FAW-Volkswagen Excellent Team for Production Injection Molding from FAWAY Outlook -For the fiscal year ending December 31, 2025, the Company expects sales to remain roughly at the same level as in 2024, with an EBIT margin in the mid-single-digit range. The Company project...

Major Suppliers  Updated at: 2025/06/02

turing Car Dealerships Internet of Things (IoT) Connectivity & Mobility -Sales from the Company’s OEM Auto Parts Manufacturing unit contributed around 68% of total sales in the fiscal year ended December 31, 2024. -The Company is listed on the Stock Exchange of Thailand. (As of As of Mar. 14, 2025) Top ten largest shareholder accounts Shareholding (%) Mr. Yeap Swee Chuan Group 23.54 Thai NVDR Company Limited 10.88 Ms. Yeap Xin R...

Major Suppliers  Updated at: 2025/05/30

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: 2025/05/29

es Hutchinson launches new generation anti vibration solutions Hutchinson launches OBI-1 project to develop bipolar plates for new-gen fuel cells Hutchinson reveals new Chennai plant in India during Open Day Hutchinson presents solutions for low-carbon mobility at Chery Tech Day Battery Show Europe 2025: Hutchinson showcases latest innovations for electrification Hutchinson rolls out Flush Glazing solution in new Range Rover and Range Rover Sport...

Major Suppliers  Updated at: 2025/05/29

er 3, 2023) Power module using transfer molding technology-The Company announced that it is developing a power module that will be manufactured using a transfer molding process. Manufactured at the Nuremberg electronics plant, the power modules will be delivered to a large global car maker from mid-2025 onwards. During this process, the power electronics are sealed under a dielectric material that protects the components extremely well. The power...

Major Suppliers  Updated at: 2025/05/29

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

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

rantee long-term and efficient operation. Furthermore, CATL Synland forged strategic development partnerships with OEMs including FAW Jiefang Qingdao Automotive Co., Ltd., Shaanxi Automobile Group Commercial Vehicle Co., Ltd., and Qingling Motors Co., Ltd. (From a CATL press release dated March 4, 2025) Integrated Intelligent Chassis——Flexhub -The CIIC (CATL Integrated Intelligent Chassis) integrated intelligent chassis features an inver...

Major Suppliers  Updated at: 2025/05/19

n addition, all new designs will prioritize sustainability using environmentally friendly materials and processes. (From a press release dated November 25, 2024) Delhi Auto Expo 2014 China International Auto Products Expo 2010 SAE 2016 World Congress Delhi Auto Expo 2016 Bharat Mobility Global Expo 2025 Steering wheel Seat belts buckles Product lineup of KSS Seat belt Yanfeng Key (Shanghai) Automotive Safety Systems Co., Ltd. Steering wheel (wi...

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