ility is TI Automotive’s third fuel tank production facility within China. The new facility is dedicated to producing low-emission plastic fuel tank systems for Great Wall Motors’ Haval brand of sport-utility and crossover-utility vehicles. TI Automotive expects to employ 120 people at full capacity at the Baoding facility. (From a press release on June 15, 2016) TI Automotive Limited has opened a new manufacturing facility in Monterrey, Mexi...

Major Suppliers  Updated at: 2025/05/23

at Bosch Engineering in Germany -The Company announced a plan to cut the working hours of 2,300 employees at its subsidiary, Bosch Engineering GmbH, which specializes in developments in the automotive sector. The decision is due to the tense situation in the mobility sector and the existing overcapacity and high-cost pressure. Starting in October 2024, weekly hours will initially be reduced from 40 to 37 hours, with a further hour to be cut start...

Major Suppliers  Updated at: 2025/05/23

onsolidated subsidiaries until end of June 2010 Daido Metal to establish production subsidiary in Mexico Daido Metal’s subsidiary in Thailand to suspend operations Daido Metal aiming for top spot in global sliding bearing market in new mid-term business plan Daido Metal to increase production capacity of automotive bearings in Russia Daido Metal receives quality excellent management award by Hino Motors Daido Steel receives VA Promotion Excelle...

Major Suppliers  Updated at: 2025/05/20

a, Hyundai, Honda, Volvo, SAIC, Geely, NIO, Li Auto, Yutong, and Xiaomi.   -In passenger cars, the Company's products can be applied to different market segments such as BEV, PHEV, and HEV. In commercial vehicle applications, the Company's products can be used in road passenger transport and intra-city delivery vehicles, construction equipment such as forklifts and loaders, as well as in electric marine and aircraft applications. -The company co...

Major Suppliers  Updated at: 2025/05/19

uti Suzuki India KSS receives Chery Best Supplier Award KSS majority shares acquired by Hong Kong-based equity firm Key Safety Systems opens new technical center in Sunnyvale, California, USA Key Safety Systems opens new technical center in Suzhou, China Key Safety Systems expanding production capacity of airbag inflators KSS receives excellent supplier award from SAIC KSS receives technology and innovation award from Shanghai GM KSS receives ex...

Major Suppliers  Updated at: 2025/05/17

drogen powertrain testing capabilities at Northampton site, UK-The Company’s subsidiary, MAHLE Powertrain, has expanded its Northampton facility in UK to include a dedicated hydrogen powertrain testing capability for light and heavy-duty vehicles. The new facility features a dual tube-trailer capacity with rapid switch-over that enables extended the testing, and upgraded engine dynamometers which will support up to 4,000Nm and 900kW. The facili...

Major Suppliers  Updated at: 2025/05/15

echnological innovation, intelligent manufacturing, industry incubation and other aspects in China. The government leader gave an in-depth introduction of Shanghai's overall business environment and related policy trends of Shanghai, while also encouraging continued investment by the Company in the city. The meeting concluded with a fruitful exchange of views, with both parties expressing their commitment to ongoing cooperation and mutual benefit...

Major Suppliers  Updated at: 2025/05/15

to supply e-shifters for Kia's EV KCW to transfer wiper division to KB Wiper Systems, joint venture with Bosch Electrical Drives Kyung Chang to supply DCT parts for Volkswagen China's hybrid model KCW to establish joint venture with Bosch Electrical Drives KCW to sign investment contract with Daegu City for JV project with Bosch Electrical Drives Kyung Chang to supply DCT housing to BorgWarner Kyung Chang Industrial to increase shareholding in KC...

Major Suppliers  Updated at: 2025/05/14

2024)-The Company inaugurated a new module assembly plant in Austin, Texas, to accommodate a historic order from a major U.S. electric mobility company. The plant, built in only six months, has already produced 100,000 modules since it started in September 2023. It will have an annual assembly capacity of 2.5 million modules comprised of 1.5 million front-end modules and 1 million cockpit modules and will have over 400 employees by 2025. The pla...

Major Suppliers  Updated at: 2025/05/14

Spain. The Company and Dongfeng Visteon Wuhan Automotive Trim Systems Co., Ltd. announced that they will establish a joint venture to produce interior parts in China. Opened its second factory in Tangier, Morocco, dedicated to sewing seat covers. Set up a new manufacturing facility in Kansas City, Missouri, U.S. Acquired the 25% stake held by a minority shareholder in the Russian company Antolin Autotechnika Nizhny Novgorod, Ltd. which c...

Major Suppliers  Updated at: 2025/05/13

tation system and high-standard sewage treatment equipment, the entire plant is designed as an intelligently operated facility with an FM-certified fire extinguishing system, green energy, and energy-saving products. (From a press release dated May 31, 2024)-The Company has increased production capacity at its Rakovník plant in the Czech Republic with ten new fully automated SMT (surface mount technology) machines for manufacturing printed circu...

Major Suppliers  Updated at: 2025/05/12

on January 16, 2024) Joint Ventures Innoplate joint venture inaugurated new production site in Haguenau-Schaeffler announced that Innoplate, its 50/50 joint venture with Symbio, inaugurated a new production site for fuel cell bipolar plates (BPP) in Haguenau, France. With an initial production capacity of 4 million plates, Innoplate aims to reach an annual capacity of 50 million plates by 2030. Innoplate began production in the first quarter of ...

Major Suppliers  Updated at: 2025/05/09

es-The Company announced structural measures in Europe to increase its long-term competitiveness amid the challenging market environment. The measures focus on increasing earnings from the Bearings & Industrial Solutions division, realizing synergies from the merger with Vitesco, and realigning capacity due to the declining volume in ICE technology and the weakening of new e-drive programs in Europe. The restructuring will affect approximately 4,...

Major Suppliers  Updated at: 2025/05/09

outh Korea’s Posco agreed to provide the Company with its PosZET GIGA technology. The technology makes it possible to apply PosZET, a welding solution for ultra-high-hardness coated steel sheets for automobiles, to welding "giga steel.” Giga steel is an ultra-high-strength steel with a load capacity of over 100kg per 1 square millimeter. The PosZET GIGA solution can more than double the corrosion resistance and the durability of car parts whe...

Major Suppliers  Updated at: 2025/05/08

by new product launches and higher prices, partly offset by negative customer and model mix. 2) Operating Income-For the fiscal year ended December 31, 2024, the Company’s operating income increased by 41.9% over the previous year to USD 979 million. The increase was mainly driven by reduced capacity alignment accruals, lower R&D expenses, and higher gross profit, which was due to lower costs for labor, premium freight and waste and scrap, as ...

Major Suppliers  Updated at: 2025/05/07

31, 2023 Capital Expenditure 90.0 75.5 Capital Investment [Japan, Kofu Factory] Started 300mm wafer fabrication for power semiconductors Schedule: Start of operation in April 2024, mass production in 2025 Production items: Power semiconductors such as IGBTs and power MOSFETs Production capacity: approximately double the current capacity Detailed news [India] To build JV post-process assembly plant In Sanand, Gujarat, India Joint ventur...

Major Suppliers  Updated at: 2025/05/07

system, rolled off the production line at the new plant. Jointly established by Dongshi Motor Technology Group Co., Ltd. (Dongshi Group) and ZF Group (China) in 2005, ZF Dongfeng mainly designs, manufactures, and sells shock absorbers for light-, medium-, and heavy-duty trucks, with an annual capacity of 4 million units.(From a Dongshi Group press release dated August 26, 2023) -ZF announced that the new Phase II plant buildings of ZF Automot...

Major Suppliers  Updated at: 2025/05/07

l Contribution Award from Toyota Asahi India commence production at Patan, Gujarat plant in FY 2020-21 AGC reports business impact of Russia-Ukraine crisis AGC reports operational situation in Ukraine and Russia AGC to supply Low-E coating panoramic sunroof for Lexus RZ AGC to reduce production capacity in Europe through profitability improvement measures for automotive glass business AGC Inc.'s second quarter results (cumulative) Asahi India upd...

Major Suppliers  Updated at: 2025/05/07

in Tokyo from February 28 to March 1, 2024. OPmobility’s 150kW FCM (fuel cell module) for trucks of 16 tons and over will be showcased in Asia for the first time. It includes an NM12 Twin fuel cell stack, developed by EKPO, that takes hydrogen and oxygen from the air to instantly generate electricity used to power the electric motor. The fuel cell is incorporated into a system that manages all the associated functions, including thermal contro...

Major Suppliers  Updated at: 2025/05/06

he closure of its all-wheel drive site in Köping, Sweden. In addition, the division continued to expand its new production facility in Miskolc (Hungary) to support the transfer of Driveline assembly capabilities from Mosel plant in Germany. -The division also continued to expand its production capacity in plants in Celaya and Villagran, Mexico between 2020 and 2024. This included the addition of a 54,000-square-meter building extension in Villag...

Major Suppliers  Updated at: 2025/05/03