ion at its high-wage locations as the German automotive industry is struggling. This move is part of an effort to streamline the organization by reducing hierarchies and increasing spans of management. The Company’s plants with their automated production facilities are also underutilized and they cannot be changed in the short term. To diversify economic risk, the Company will open to partners. This reorganization also aims to reinforce the inf...

Major Suppliers  Updated at: 2025/05/28

o cooperate in the recycling of tire raw materials. Less than one percent of all carbon black material used globally in new tire production comes from recycled end-of-life tires. In the tire industry, efforts for recycling of raw materials are intensified. However, an industry-wide recycling system cannot be built only by individual companies’ efforts and the utilization of recovered carbon black is not expanding. Through this cooperation, the ...

Major Suppliers  Updated at: 2025/05/27

developed a new stereo video camera to give driver assistance systems binocular vision. Thanks to its binocular vision, it can measure distances to other objects using the video signal alone. The stereo camera data alone can be used to trigger an automatic emergency braking process. If an accident cannot be prevented, the speed of impact and thus the severity of the accident can at least be minimized – and by priming the passenger restraint sy...

Major Suppliers  Updated at: 2025/05/23

t 30 million unit market (31,436,000 units in 2024) although Mitsubishi Motors Corporation and others are pulling out of the country. Assuming that PHVs account for 20% of the total, there is annual demand for engine parts needed for about 6 million vehicles. In the fields where local manufacturers cannot easily catch up, Japanese parts manufacturers are likely to gradually enhance their presence. (From an article in the Nikkan Jidosha Shimbun on...

Major Suppliers  Updated at: 2025/05/20

combination lamps of the 2019 Audi A8. Static relay attack protection for remote keys via motion detection technology, showcased through a car access demo. The company's cybersecurity solution protects against these attacks by putting the key in "sleep mode" while it is not moving. Unmoved key fobs cannot be triggered by any wireless communication device. Structural Health and Knock Emission (SHAKE) Sensor – a first-of-its-kind solution for pro...

Major Suppliers  Updated at: 2025/05/15

ations, and plans to pass on costs to customers “We have defined what will be necessary for the entire impact to be passed on to our clients and suppliers. Because we can’t do otherwise,” Forvia CEO Olivier Durand said at a news conference. Forvia joins peer Valeo in saying car part suppliers cannot bear the burden of tariffs alone and would pass on the full costs of U.S. trade levies on goods from Mexico, China and Canada to customers. Val...

Major Suppliers  Updated at: 2025/05/12

ations, and plans to pass on costs to customers “We have defined what will be necessary for the entire impact to be passed on to our clients and suppliers. Because we can’t do otherwise,” Forvia CEO Olivier Durand said at a news conference. Forvia joins peer Valeo in saying car part suppliers cannot bear the burden of tariffs alone and would pass on the full costs of U.S. trade levies on goods from Mexico, China and Canada to customers. Val...

Major Suppliers  Updated at: 2025/05/09

nd the resulting implications for the global economy. The strategic initiatives and priorities defined in its Roadmap 2025 continue to remain unchanged. When it approved the annual financial statements on February 22, 2022, the board of managing directors had issued full-year guidance for 2022 that cannot be maintained due to the developments since the date of approval. Neither the future course of events nor their economic implications can be re...

Major Suppliers  Updated at: 2025/05/09

lant will entail an investment of over GBP 70 million. Gestamp's investment will add up to the GBP 56.3 million for the new factory construction. The new West Midlands plant expects to host stamping equipment in its 50,000 square meters and is designed to safeguard the 800 jobs at Gestamp's current Cannock plant by progressively moving production to the new facility. The plant is expected to provide a better service to customers in the area, name...

Major Suppliers  Updated at: 2025/05/08

ures in e.g. France, Italy, Spain and Germany. It estimates that 63 customer plants in Europe will close or have already closed. Autoliv is taking cost reduction actions to mitigate the impacts and Autoliv will adjust its production in accordance with the development of the demand situation, and it cannot be excluded that temporary Autoliv plant closures may become necessary. Management focus is currently on strategic planning for various scenari...

Major Suppliers  Updated at: 2025/05/07

is noteworthy in this capital increase, unveiled at the press conference on December 10, is that Renesas' clients for semiconductors are investing; Toyota and Nissan will invest 5 billion yen, 3 billion yen, respectively, Keihin Corp. and Denso Corp. will each put in 1 billion yen, Panasonic Corp., Cannon Inc., Nikon Corp. each financing 500 million yen, and Yasukawa Electric will invest 150 million yen. (From an article in the Nikkan Jidosha Shi...

Major Suppliers  Updated at: 2025/05/07

omotive applications. AGC's chemically strengthened Dragontrail glass material was released in January 2011. In addition to offering a significantly higher level of product strength than conventional glass, Dragontrail is extremely resistant to scratches, while featuring a high texture quality that cannot be achieved with plastics. The Dragontrail is already used widely in cover glass of smartphones, tablet PCs, LCD TVs and other electronic devic...

Major Suppliers  Updated at: 2025/05/07

e public support and there was no sufficient evidence that the investment would take place in another location. Consequently, the aid lacked the necessary "incentive effect" and did not effectively encourage GKN Automotive to invest in the specific region of Észak Magyarország. Therefore, the aid cannot be granted by Hungary. (From a press release dated June 11, 2024) GKN Automotive, a division of Dowlais Group PLC, has signed a Virtual Power P...

Major Suppliers  Updated at: 2025/05/03

al supply chains with direct and indirect effects on the Freudenberg Group. They will be reflected in limited product availability, particularly when it comes to raw materials and supplier parts, as well as in across-the-board increases in energy and logistics costs. The effects are unavoidable and cannot be offset by short-term operational and strategic measures. Freudenberg expects the macro-economic and geopolitical environments to remain unce...

Major Suppliers  Updated at: 2025/04/26

r Ocean under contract since 2022. Kotagiri continued, “We fully impaired our operating assets and warrants in the first quarter totaling USD 294 million. We have USD 95 million in deferred revenue associated with the Fisker contract that could offset the USD 294 million in asset impairments that cannot be recorded in Q1. This amount will be recognized in income as performance obligations are satisfied or upon termination of the fiscal contract...

Major Suppliers  Updated at: 2025/04/25

permanent magnets. This contributes to cost reduction of rare-earth magnets and does not require any changes to conventional motor assembly. ※The photo shows the rotor position sensor alone. GigaFuse is an electromagnetic fuse that enables instantaneous interruption at a set current value, which cannot be achieved with thermal fuses. With contactors for high-voltage EVs that can handle up to 1000V/600A, these will contribute to solving problem...

Major Suppliers  Updated at: 2025/04/23

ure. Motional and Lyft have deployed an autonomous pilot program in Las Vegas, which has provided more than 100,000 rides. (From a press release on December 16, 2020) FCA filed suit in the federal U.S. District Court against Martinrea International Inc. over an alleged breach of contract because it cannot provide enough engine blocks needed to build popular Jeep SUVs, Ram trucks and Chrysler minivans. According to FCA, Martinrea "improperly and u...

Major Suppliers  Updated at: 2025/04/23

ing its ContiConnect tire monitoring management service for autonomous driving. The service automatically adjusts air pressure with sensors installed in tires, and provides notification of wear. It reduces the burden on the maintenance for autonomous driving without a driver when vehicles and tires cannot be controlled. Continental will start proposing the ContiConnect for applications such as Robo-Taxis. Tires are constantly monitored with senso...

Major Suppliers  Updated at: 2025/04/22

rt vessels. The delay time is usually around 8 weeks. As a result, the tire production process can be longer than usual. BTI pointed that it used a lot of materials from the domestic market in the tire production process. However, the existence of obstacles to the supply of other imported materials cannot be underestimated by the company. If there is only one material that is lacking, then tire production cannot be carried out. (From Gaikindo pre...

Major Suppliers  Updated at: 2025/04/18

ified the Commission of its plans to grant EUR 95 million of public support for the expansion. The Commission has doubts about whether the measure has an “incentive effect” and the public support's contribution to regional development and its appropriateness and proportionality. The Commission cannot exclude at this stage that the public support exceeds the maximum permissible aid intensity for the project. The Commission will now investigat...

Major Suppliers  Updated at: 2025/04/17