the Company sales amounted to EUR 788.2 million, a decrease of EUR 96.7 million (-10.9%) , compared to the previous year, including negative currency translation effects of EUR 2.3 million. The decrease was mainly driven by weak demand in automotive markets in the second half of 2024, especially in Europe and North America.2) Drive Control Systems sales-Drive Control Systems sales amounted to EUR 351.2 million in 2024, compared to EUR 410.4 milli...

Major Suppliers  Updated at: 2025/06/06

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. Doors and Hard trim -Door panels, pillar trims and plastic part...

Major Suppliers  Updated at: 2025/06/05

ill increase the Company’s production capacity by 15% and will run on 100% renewable energy. It will focus on producing components for damping and steering systems, rubber and metal for sealing, and components to reduce vibration in vehicles. 75% of its products will be exported to the markets of Europe and Mexico. (From multiple sources on February 9, 2024)-The Company inaugurated two advanced manufacturing facilities in Morinda, India, coveri...

Major Suppliers  Updated at: 2025/06/03

vo Car Group). (From a press release on November 30, 2017) Hungarian Investment Promotion Agency announced that KOSTAL Group establishes a new business service center (BSC) in Budapest that will employ up to 360 highly skilled workers. It will support and enable the Group’s existing operations in Europe and across the globe. BSC will bring a wide range of services, including IT, finance, sales, HR, and logistics, under one roof. It will enable ...

Major Suppliers  Updated at: 2025/06/03

lutants and fuel consumption, reduction of weight and friction, e-mobility and digitization, hydrogen technology, and thermal management systems across passenger and commercial vehicles. -As of January 1, 2024, the Company’s structure has been comprised of the following divisions: Vehicle Systems Europe, Vehicle System International, Weapon and Ammunition, Electronic Solutions, Power Systems-The Power Systems division is the only division d...

Major Suppliers  Updated at: 2025/06/03

s division. In addition, the Company renamed the Automotive Aftermarket division to the Vehicle Lifetime Solutions 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 repor...

Major Suppliers  Updated at: 2025/06/02

nology Co., Ltd., a supplier to Korean automotive OEM's, and entered into a Cooperation Agreement with Guyoung. 2006 Finalized two joint venture agreements with Jingda, one of the largest tube manufacturers in China. Feb. 2006 Acquired fifteen fluid handling systems operations in North America, Europe and China from ITT Industries, Inc. Mar. 2007 Completed the acquisition of the fuel rail manufacturing business from Automotive Components Ho...

Major Suppliers  Updated at: 2025/06/02

2039. (From a press release dated June 18, 2024) Outlook -The Company anticipates stagnant sales of around EUR 7.7 billion for the fiscal year ending December 31, 2025, due to ongoing market challenges. These include sluggish demand for electric vehicles (EVs), which is causing sales to decline in Europe and North America. Meanwhile, Chinese car manufacturers are increasing their global market share, especially for EVs, and are increasingly rely...

Major Suppliers  Updated at: 2025/06/02

tivities AeroSolfd and H2MAC projects-In 2024, the Company participated in two innovative initiatives: AeroSolfd, focused on clean mobility in urban areas, and H2MAC, aimed at developing a cathode air filtration system for fuel cell-powered mobile machinery. Both projects are co-financed by Horizon Europe, the EU’s primary funding program for research and innovation."Product Validation System for R&D processes-In 2024, the Company completed the...

Major Suppliers  Updated at: 2025/06/02

ntly, AAPICO Lemtech (Thailand) Co., Ltd. was renamed AAPICO Leadtech Co., Ltd. in December 2024. Acquisition of remaining AAPICO Sodecia stake completed-In December 2024, the Company acquired the remaining 50% stake in its joint venture, AAPICO Sodecia (Thailand) Co., Ltd., from Sodecia Automotive Europe GmbH. As a result, the Company's shareholding in AAPICO Sodecia increased from 50% to 100%, making it a wholly owned subsidiary. Divestitures S...

Major Suppliers  Updated at: 2025/05/30

a slight increase.   Featured report   Bosch ConnectedWorld 2024  Click here for featured report   Source: Bosch Media Kit   ETAS: Three Important Trends Toward SDVs  Click here for featured report   Photo：ETAS   Business Overview of Suppliers in Europe and the U.S.  Click here for featured report   -The Company is privately held, with majority ownership by Robert Bosch Stiftu...

Major Suppliers  Updated at: 2025/05/29

to EUR 5,000 million. Contracts Flush glazing solution for AITO M9-The Company revealed that its flush glazing solution is featured in the AITO M9, a collaboration between Seres and Huawei. The solution’s benefits include cost efficiency, design, simple assembly, and weight reduction. Launched in Europe and Asia already, the solution is preparing to make its debut in the US. (From Hutchinson social media updates on October 18, 2024)Solutions fo...

Major Suppliers  Updated at: 2025/05/29

usinesses.(3) The Vehicle Lifetime Solutions Division will focus on aftermarket activities.(4) The Bearings & Industrial Solutions Division will consist of Schaeffler’s current Industrial Division and its Automotive Bearings business. The combined company will also divide business into 4 regions: Europe, Americas, Greater China, and Asia/Pacific. On a pro-forma basis for 2023, it is expected to have consolidated annual sales of around EUR 25 bi...

Major Suppliers  Updated at: 2025/05/29

nd light truck tires and approximately 210 million truck and bus tires during the year.>>>Link to Tire Market Share Graphs  Tire Market in 2023 (in million units)   Passenger car and light truck tires Truck tires OE Replacement OE Replacement 2024 2023 2024 2023 2024 2023 2024 2023 Europe (Including Turkey and Eastern Europe) 76 83 403 371 5.9 7.4 25.6 25.7 North America 74 75 323 316 5.7 6.4 33.0 30.8 South America 15 15 81 ...

Major Suppliers  Updated at: 2025/05/27

mber one supplier of brake and fuel lines, a top three supplier of fuel tanks 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 enterpr...

Major Suppliers  Updated at: 2025/05/23

ubsidiary. Jan. 2017 Acquired all the stock shares in ATA Casting Technology Japan, Co., Ltd., which is now a consolidated subsidiary. Jan. 2018 Established DM Casting Technology Co., Ltd. in Thailand (currently a consolidated subsidiary). Oct. 2018 Acquired 30% of the equity shares in NPR of Europe GmbH (Germany), making it a consolidated subsidiary based on the equity method of accounting. Apr. 2022 Moved from the First Section to the P...

Major Suppliers  Updated at: 2025/05/20

its testing and validation headquarters lab was granted module and battery cell testing lab certificates by VW Group after its Thuringian plant. This makes CATL the world’s first battery manufacturer to be granted the two VW Group certificates and the only company with VW Group-certified labs in Europe. As early as 2009, VW Group started developing corporate standards for power batteries. After more than a decade of development, its PV test st...

Major Suppliers  Updated at: 2025/05/19

oards for the automotive, computer and telecommunications markets. May 1996 Acquired all of the outstanding shares of Force Imaging Technologies, Inc., a manufacturer of thin-profile variable force sensors for multi-function automotive capabilities. Jul. 1996 Acquired Gallino, the third largest European manufacturer of steering wheels, from IAO Indusrie Riunite. Oct. 1996 Acquired the steering wheel operations of UTA (United Technologies Au...

Major Suppliers  Updated at: 2025/05/17

in the Behr-Hella Thermocontrol (BHTC) joint venture and the sale of the thermostats product group impacted sales of EUR 269 million. The Company’s organic sales decreased by EUR 721 million during the fiscal year ended December 31, 2024, due to volume reductions, especially in North America and Europe, and the continued delay of the e-mobility ramp-up. 2) Engine Systems and Components-The Engine Systems and Components business unit had sales...

Major Suppliers  Updated at: 2025/05/15

y's Electronics segment decreased by 2.3% from the previous to EUR 3,296 million, primarily due to the general downturn in the industry environment, postponements of new launches on the customer side, negative effects from the customer and product mix in China and the slowdown in electrification in Europe. This decline was partially offset by positive development in the radar business due to new series launches in the Americas region. Restructuri...

Major Suppliers  Updated at: 2025/05/15