R)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate ofchange (%) Factors Overall   Net Sales 7,762 7,937 (2.2) 1) Factors1) Net Sales-The Company had sales of EUR 7,762 billion for the fiscal year ended December 31, 2024, a decrease of 2.2% from the previous year. Sales declined across all of the Company’s business divisions and regions. In 2024, the Company generated sales of around EUR 1.2 billion in China. The Company als...

Major Suppliers  Updated at: 2025/05/28

uring its first phase.-(Based on Michelin press release on February 23, 2024)   R&D Expenditure (in million EUR)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Overall 786 756 698   R&D Facilities -The Company has nine research and development centers across the world distributed as follows: Asia: 3 centers Europe: 2 centers North America: 2 centers South America: 1 center Africa/India/Middle East:...

Major Suppliers  Updated at: 2025/05/27

n addition, destocking by the region’s largest OEM customer posed a significant headwind. However, sales in tanks and brake lines increased, while demand for thermal products was weaker. Contracts -In 2024, the Company won new business bookings totaling EUR 2,700 million (2023: EUR 3,000 million) across all powertrain platforms. Despite tender delays, as customers revised their electrification plans, the Company won new EUR 1,100 million bookin...

Major Suppliers  Updated at: 2025/05/23

Bosch (Robert Bosch GmbH) Germany Stefan Hartung (Chairman) -The Company is one of the world’s largest automotive suppliers, with approximately 490 subsidiaries and regional companies located across more than 60 countries. -The Company is organized into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. -The Mobility business sector is comprised of the following divisions: Divisions Ma...

Major Suppliers  Updated at: 2025/05/23

even at 120km/h. For structural safety, the Bedrock Chassis contains a 3D biomimetic tortoise shell structure, where the body and the energy unit framework are integrated and deeply coupled to greatly enhance the body strength. The aircraft carrier-grade arresting structure disperses impact forces across multiple pathways during collision, gradually decelerating the vehicle and significantly reducing the depth and speed at which obstacles intrud...

Major Suppliers  Updated at: 2025/05/19

s for steering wheels Steering wheels with integrated lightbars or ambient illumination Multifunctional switches for steering wheels Steering wheel decorative trim Premium rim surfaces Vegan material wrapped steering wheels Next-generation steering devices >>>Locations-The Company has 59 locations across 22 countries worldwide. Dec. 1986 The Company was incorporated in Delaware as Breed Automotive Corp. Sep. 1992 Changed its name to Breed T...

Major Suppliers  Updated at: 2025/05/17

MAHLE GmbH Germany Arnd Franz (CEO and Chairman of the Management Board) -The Company is a leading supplier for future mobility, focusing on systems and components across all types of powertrains, filtration and thermal management systems, and electric and electronic components and systems. -With the automotive industry in the midst of transformation based on multiple advanced technology trends including electrification, the Company has issued ...

Major Suppliers  Updated at: 2025/05/15

ping the seventh generation of 77 GHz radar products. These Gen7 radar sensors further expand the Company's radar portfolio to include front, rear, and side radars and increase measurement capability. With new antenna technology and a new chip design, they offer a greater range and better precision across the entire field of vision and thus support complex scenarios for highly automated driving (level 3 and higher). Additionally, the Company focu...

Major Suppliers  Updated at: 2025/05/15

ny press release dated January 26, 2024)-The Company announced the groundbreaking of its fifth plant in India and the inauguration of a new R&D center in Pune. (Based on Company social media updates on March 9, 2024) -As of December 31, 2024, the Company has 150 manufacturing facilities distributed across 28 countries as follows: Europe: 61 Asia: 53 North America: 26 Rest of World: 10 1947 Company was founded in Paris, France. 1962 The Com...

Major Suppliers  Updated at: 2025/05/14

s Product market share (reported by Company, based on sales in 2024) 1. Product Systems Headliners -Headliner substrates, modular headliners and lit overheads -The global leader in overhead systems, with approximately 20% of the global market share.-The Company also achieved a leading position across regions in overhead systems, with a 30% market share in Europe, 58% market share in South America, and a 31% market share in North America. D...

Major Suppliers  Updated at: 2025/05/13

ures will provide structural savings of EUR 200 million from 2026, starting with EUR 50 million in the second half of 2024 and then EUR 150 million in 2025. Elimination of 868 jobs in France and closure ofSarthe and Yvelines sites-Several media sources reported the Company's plans to cut 868 jobs across its operations in France, responding to declining car production in Europe and weak prospects for EV sales. This will affect the Company’s 8 ...

Major Suppliers  Updated at: 2025/05/12

ny completed the sale of the SAS Cockpit Modules division to the Motherson Group. -On October 31, 2021, the Company sold its Acoustic Soft Trim business to the Adler group from its Interiors segment. Market share -As of the fiscal year ending December 31, 2024, the Company’s holds these positions across various automotive markets: The Company is the global market leader in seat structure systems and is ranked third globally in complete seating...

Major Suppliers  Updated at: 2025/05/09

ed on developing, manufacturing, and servicing components and systems including bearings, transmissions, gearboxes, dampers, sensors, ECUs, actuators, electronics, electric drive systems, energy generation systems, energy storage systems, and digital services for powertrain and chassis applications across various markets including the automotive, commercial vehicle, rail, and industrial sectors.-Through the fiscal year ended December 31, 2024, th...

Major Suppliers  Updated at: 2025/05/09

plit platforms. Booking secured from leading Chinese OEMs increased by 38% compared to 2023, representing a record 28% of total bookings. -The Company launched 77 customer programs in the fiscal year ended December 31, 2024, which introduced new product applications in steering and Driveline system across all regions and vehicle segments. Of these, 68 were new or conquest business, 45 were for EV platforms, and 52 were in the Asia Pacific region ...

Major Suppliers  Updated at: 2025/05/08

Gestamp Automocion S.A. Spain Francisco José Riberas Mera (Executive Chairman) -The Company is an international supplier which designs, develops and manufactures metal components and assemblies for the automotive market, primarily focusing on light passenger vehicles. -The Company’s products are organized across the following groups: Body-in-White Chassis Mechanisms (Edscha) Presses and Dies (Loire Gestamp) -Since April 7, 2017, the Company ...

Major Suppliers  Updated at: 2025/05/08

h a global market share of 44%. By specific product groups, the Company has a global market share of 45% in seatbelts, and 44% in airbags and steering wheels.-In June 2021, the Company announced its commitment to becoming carbon neutral in its own operations by 2030 and achieving net-zero emissions across its supply chain by 2040, becoming the first automotive safety supplier to commit to these goals. Competitors -Ashimori Industry-FinDreams Tech...

Major Suppliers  Updated at: 2025/05/07

m) as a wholly owned subsidiary. Renesas will acquire all outstanding shares of Altium with cash for a price of approximately AUD 9.1 billion. Through the acquisition, Renesas will build an integrated and open electronics system design and lifecycle management platform that allows for collaboration across component, subsystem, and system-level design. The platform will streamline the design of electronic devices and systems, which are becoming in...

Major Suppliers  Updated at: 2025/05/07

pit System (Changchun) Group Co., Ltd. (FAWSN Group). The two parties will jointly explore and actively introduce security solutions for active and passive integration of zero-gravity seats. FAWSN Group, an integrated supplier of automotive seat systems, has 10 manufacturing sites and 5 R&D centers across China, as well as an overseas development department in Europe. (From a ZF press release dated September 18, 2023) -ZF announced the signing o...

Major Suppliers  Updated at: 2025/05/07

. The rebranding of Glaverbel is part of a global brand unification that unites all AGC companies under a single brand and logo. The company will benefit from a single brand identity in all its European operations, which will provide AGC Flat Glass Europe with increased recognition for its products across the world. With approximately €2bn in annual sales, AGC Flat Glass Europe employs some 10,700 people throughout Europe, from Spain to Russia,...

Major Suppliers  Updated at: 2025/05/07

itical turbulence, armed conflicts, the threat of heightened trade barriers such as higher tariffs, the industry's technological transformation to meet climate targets, and the recession in Germany. Excluding the effects of exchange rates, sales declined by EUR 15.9 million or 0.9%. Sales also fell across all business segments except for the Aftermarket, which saw a slight increase.2) Original Equipment segment sales-Sales of the Company’s ori...

Major Suppliers  Updated at: 2025/05/06