s green electricity from wind power Schaeffler forms joint venture Cofinity-X GmbH with BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Siemens, T-Systems, Volkswagen, and ZF Schaeffler breaks ground on NEV core parts project Schaeffler to cut 1,300 positions worldwide Schaeffler to build new plant in Changwon, South Korea Schaeffler Group signs agreement to sell its Russian subsidiaries Schaeffler to manufacture new in-wheel electric drives Schaeff...

Major Suppliers  Updated at: 2025/06/02

asses its activities in favor of the international automotive industry.Elring Gaskets (PTY) Ltd. was founded in Johannesburg/RSA as a joint venture company. 1988 Klinger Automotive Ltd., since known as ElringKlinger (GB) Ltd., was founded in Skelton/GB. 1990 Jell Elring Co. Ltd. was founded in Changwon/Korea as a joint venture company. 1993 Changchun Elring Gaskets Co. Ltd. was founded in China as a joint venture company.A division for the...

Major Suppliers  Updated at: 2025/05/06

Production Facilities in Korea (As of Dec. 31, 2024) Plant Location Major products Jincheon Plant Jincheon-gun,Chungcheongbuk-do -Electronics products and multimedia products-This plant was formerly one of the facilities of Hyundai Autonet, which was absorbed by the Company in June 2009 Changwon Plant Changwon,Gyeongsangnam-do -CBS (hydro-mechanical brake systems), power steering oil pumps and gearboxes-This facility was originally o...

Major Suppliers  Updated at: 2025/04/16

2001 Together with Chinese manufacturer Jincheng, the Company opened up the new joint venture ZF Steering Jincheng Co. in Nanjing China in order to manufacture passenger car and commercial vehicle steering pumps. 2001 Acquired Mannesmann Sachs AG Aug. 2001 The Sachs Korea Suspension Co. Ltd., Changwon, Kyungyuam (SKS) was founded an important building block for ZF Sachs in Asia. ZF Sachs AG has 70% share of this company and the Korean shock...

Major Suppliers  Updated at: 2025/04/11

includes 19% with the North American domestic OEMs compared with 11% in the previous three-year net new business. (From a press release on November 5, 2013) BorgWarner Cooling Systems Korea, Inc., which is a Korean unit of BorgWarner Cooling Systems Korea, Inc. announced that it will close down its Changwon plant, Kyongsang-namdo, which produces engine cooling systems for Hyundai Motor and other automakers. The plant's operations are scheduled to...

Major Suppliers  Updated at: 2025/04/02

6,980 87,508 (0.6%) Manufacturing facilities in Korea Plant Location Products Busan Busan MotorsEngine and transmission partsElectric componentsSuspensionsAirbags Incheon Incheon SuspensionsEngine componentsWheel & Tire Boryeong Boryeong, Chungcheongnam-do KnucklesTransmission parts Changwon Changwon, Gyeongsangnam-do SuspensionsEngine components Yangsan Yangsan, Gyeongsangnam-do Electric components Jeonggwan Busan Motors ...

Major Suppliers  Updated at: 2025/01/27

., Ltd. Changzhou,China Manufacture and sale of Diesel engine fuel pumps, Diesel electronic fuel injection systems, direct fuel injection systems for gasoline engines 100.0 Denso Manufacturing (Hangzhou) Co., Ltd. Guangzhou,China Manufacture and sale of motor parts 100.0 Denso Korea Corporation Changwon,Korea Manufacture and sale of automotive systems and components 100.0 Affiliated Company under the Equity Method Tsuda Industries Co., Lt...

Major Suppliers  Updated at: 2024/12/24

Dec. 31, 2023) Major Shareholders InvestmentRatio (%) Sebang Co., Ltd 37.95 GS Yuasa International Ltd. 16.00 Others 46.05 Total 100.00 Automotive Battery-AGM Series-EFB Series-GB Series-TAXI WING PLUS Series-SMF car battery Major Production Facilities in Korea Facility Location Changwon Plant Changwon,Gyeongsangnam-do Gwangju Plant Gwangju   Major Subsidiaries and Affiliates (As of Dec. 31, 2023) Company name...

Major Suppliers  Updated at: 2024/10/25

1978 Dongyang Hydraulics Co., Ltd. was established. Sep. 1986 The Company opened Incheon plant. Aug. 1988 The Company adopted a new company name, Dongyang Mechatronics Corporation. May 1989 The Company was listed on the Korea Stock Exchange. Mar. 1991 The Company moved its headquarters from Changwon to Incheon. Mar. 1995 The Company established Dongyang Inalfa (currently Inalfa Korea) jointly with Inalfa of the Netherlands. Aug. 1996 ...

Major Suppliers  Updated at: 2024/10/09

lligence seatsFor eco-friendly vehicles-Traction motors-Rotor assembly-Stator assembly Manufacturing facilities in Korea Facility Location Major items  Cheonan #1 Plant Cheonan,Chungcheongnam-do Coil springsStabilizer bars Cheonan #2 Plant(Seonghwang Plant) Cheonan,Chungcheongnam-do Seats Changwon #1 Plant Changwon,Gyeongsangnam-do Coil springsStabilizer bars Torsion barsLeaf springs Changwon #2 Plant Haman,Gyeongsangnam-do Valve spri...

Major Suppliers  Updated at: 2024/10/03

s manufacturing subsidiary were established. MOVIENT has factories in Ansan City, Gyeonggi Province and Gwangju Metropolitan City, and manufactures chassis modules and platform modules. TECZEN manufactures core parts such as those for engines and constant velocity joints at its factories located in Changwon, Gyeongsangnam-do, Pyeongtaek, Gyeonggi-do, and Seosan, Chungcheongnam-do. Note that Hyundai WIA wholly owns 100% of the shares in both of th...

Major Suppliers  Updated at: 2024/09/05

h discs at its Watagashima Factory (Shizuoka Prefecture, Japan), Hamakita Factory (Shizuoka Prefecture), and Suzuka Factory (Mie Prefecture) and supplies them to Seojin Automotive based in Gyeonggi-do, Korea. Seojin Automotive then assembles clutches and delivers them to Hyundai WIA’s facility in Changwon, Korea. Mass production started in March 2017. Sales of the clutch discs is expected to reach approximately JPY 40 million by the fiscal year...

Major Suppliers  Updated at: 2024/07/30

ons and meet increasing demand. (From an article in the Nikkan Jidosha Shimbun on May 23, 2016) NSK Needle Bearing Korea Co., Ltd. (NNBK), a Korean subsidiary of NSK Ltd., announced that it will construct a new plant in Cheonan, Chungcheongnam-do. NNBK was established in February 2004. Its plant in Changwon, Kyungsangnam-do produces needle bearings and other products. (From a press release on May 20, 2015) NSK Ltd. (NSK) will launch development o...

Major Suppliers  Updated at: 2024/07/16