Hirschvogel Group (Hirschvogel Holding GmbH) Germany Matthias Kratzsch (CEO) -The Company is one of the largest international automotive suppliers in steel and aluminum forged and machined parts.-In 2021, the Company adjusted its strategy to the trends shaping the automotive industry, focusing on aligning its business towards E-mobility and zero-carbon mobility concepts. -At the start of 2022, the Company underwent a restructuring process, leadi...

Major Suppliers  Updated at: 2025/07/10

ge annual sales growth between 6% and 8%, given normal inflation rates between 2% and 3%. The Company also aims to achieve an overall EBIT margin from operations between 7% and 7.5%. In the Mobility business sector, it targets an average annual sales growth of 5%. -The Company’s general strategic focus is centered on the topics of electrification, digitalization, connectivity combined with the Internet of Things, artificial intelligence, and su...

Major Suppliers  Updated at: 2025/07/09

Bosch (Robert Bosch LLC) USA Paul Thomas (President) -The Company is a wholly owned subsidiary of Robert Bosch GmbH. It develops and produces systems including fuel injection systems, powertrain control devices, alternative drive systems, safety systems, in-vehicle information and communication systems. The Company’s Mobility sector is currently focused on automated, reduced emission, connected, and personalized vehicle technologies.-As of Janu...

Major Suppliers  Updated at: 2025/07/09

ponents Technology Co., Ltd., Shanghai IAC Automotive Interior Trim Co., Ltd., IAC Group (China) Co., Ltd., IAC Automotive Parts (Changshu) Co., Ltd., and IAC Automotive Components (Tianjin) Co., Ltd., as well as 75% equity in Wuhan Xiangxing Automotive Parts Co., Ltd. (IAC China). These operations focus on developing and manufacturing automotive interior trims such as cockpit modules, instrument panels, center floor tunnels, door panels, and col...

Major Suppliers  Updated at: 2025/07/09

on ACU will be sold, with sales reaching CNY 200 million. (From multiple sources dated June 9, 2022) Wanxiang Qianchao Co., Ltd. (Wanxiang Qianchao) announced that it plans to set up a subsidiary in Binhai New Area, Shaoxing, Zhejiang Province. 100% funded by Wanxiang Qianchao, the subsidiary will focus on planning and building a new auto parts plant in Binhai New Area. Revolving around the automobile development in the “connected, autonomous,...

Major Suppliers  Updated at: 2025/07/08

th the VR5510 PMIC, S32K microcontrollers supported by the FS25 safety system basis chip with Wistron's system integration capabilities. Wistron specializes in in-vehicle communication, with the core technologies of on-board computing system related solutions and central control units. The lab will focus on R&D and verification of key technologies for automotive Ethernet, such as in-vehicle network architecture design, network security protection...

Major Suppliers  Updated at: 2025/07/04

FORVIA SE (FORVIA faurecia) (Formerly Faurecia SE) France Michel de Rosen (Chairman), Martin Fischer (CEO) -The Company is a major automotive technology group focused on providing solutions to improve the safety, affordability, customizability, and sustainability of mobility. Its strategy is aligned with the major trends in the current mobility market of electrification and sustainability, automated driving and safety, and digital and sustainable...

Major Suppliers  Updated at: 2025/07/02

NAIAS RECARO Automotive North America acquires C12 Technology assets Recaro Automotive files bankruptcy; No impact on Recaro Automotive Japan RECARO Automotive not out of business Johnson Controls to acquire Keiper Recaro's seat business Recaro seats selected as original equipment on Ford Focus ST Recaro seats fitted as optional equipment on Audi RS4 Avant Recaro seats selected as original equipment on Ford Fiest ST Recaro supplying sea...

Major Suppliers  Updated at: 2025/07/02

to be between USD 3.3 billion and USD 3.5 billion. (From a press release dated February 20, 2025) R&D Expenditure (in USD millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Overall 187 175 153 -More than 50% of the Company’s total R&D spend in 2024 focused on zero emission technologies -Almost 60% of the Company's total research, development, and engineering expenditure in 2024 was directed towar...

Major Suppliers  Updated at: 2025/07/02

systems, and automotive controls for a range of vehicles.-The Company is organized into three divisions and one business area as follows: Purem by Eberspaecher: This division provides exhaust aftertreatment systems for vehicles, lowering emissions and noise. Climate Control Systems: This division focuses on developing and manufacturing thermal management solutions for vehicles. Automotive Controls: This division develops and provides electronic...

Major Suppliers  Updated at: 2025/06/26

e prior-year level.  Divestitures Sale of GT Emissions Systems to Rcapital Partners-The Company completed the sale of its subsidiary GT Emissions Systems to Rcapital Partners, a private equity fund from the UK, on January 22, 2025. This sale aligns with the Company’s portfolio optimization plan, focusing on strategic fit and performance. It is the fourth successful divestment under the Company’s BOOST 2026 program within 12 months, with almo...

Major Suppliers  Updated at: 2025/06/24

is reinforced with glass fiber and produced via injection molding. This product is a part of the Company’s scope 3 carbon emission reductions in its Sustainability Roadmap, aiming to reduce carbon emissions in the supply chain by working with strategic suppliers, sourcing low-carbon material, and focusing on a circular economy. (From a press release dated June 28, 2024) Investments outside Germany -The Company is investing nearly CAD 23 milli...

Major Suppliers  Updated at: 2025/06/17

rst half of the year compared to the second half of 2024, with potential for improvement in the second half. The Company also anticipates improved EBIT margins through cost optimization. Business Plan -The Company updated its long-term financial goals and established new ambitions for 2028. It will focus on organic growth and improved profitability. The Company has successfully won numerous long-term contracts with well-reputed automotive brand n...

Major Suppliers  Updated at: 2025/06/06

s-The Company has inked a strategic development agreement with UltraSense Systems, a Silicon Valley-based pioneer in SmartSurface human-machine interface (HMI) system solutions. They aim to create advanced SmartSurface touch systems for automotive applications, enhancing user experiences. They will focus on designing, developing, and producing innovative touch systems for both interior and exterior applications, such as center console infotainmen...

Major Suppliers  Updated at: 2025/06/05

rets del Vallès, Barcelona, Spain. The new facilities, which replace and modernize the existing facility and employ 171 people, were inaugurated on February 9, 2024. The 6,800-square-meter plant will 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 i...

Major Suppliers  Updated at: 2025/06/03

and produces electronic, electromechanical, and mechatronic products for automotive and industrial applications.-The Company is organized into 7 business divisions: Automotive Electrical Systems Manufactures mechatronic and electrical systems for the automotive industry Industrial Electronics Focuses on drive, electronic and photovoltaic systems for markets outside the automotive industry Connectors Develops and manufactures plug connecto...

Major Suppliers  Updated at: 2025/06/03

Rheinmetall AG Germany Armin Papperger (CEO) -The Company is an integrated technology group with a focus on security technology and mobility. For the mobility market, the Company focuses on the reduction of emissions, pollutants 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 st...

Major Suppliers  Updated at: 2025/06/03

Schaeffler AG Germany Klaus Rosenfeld (CEO) -The Company is a global mobility and motion technology company focused 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 ...

Major Suppliers  Updated at: 2025/06/02

Co. 4Q, 2014 Acquired the remaining 49% equity interests of Fonds de Modernisation des Equipementiers Automobiles (FMEA) interest in Cooper Standard France, a body sealing, anti-vibration systems and low pressure hoses joint venture. 4Q, 2014 Sold its Australian business to allow the Company to focus resources on its four core product groups. 4Q, 2014 Acquired Cikautxo Borja, S.L.U, a manufacturer of heating and cooling hoses. Feb. 2015 A...

Major Suppliers  Updated at: 2025/06/02

ny aims to implement the restructuring measures swiftly and consistently, and to return to a positive operating result in 2025. This comes amid ongoing market challenges, including a slowdown in demand for EVs and intensifying competition, particularly from Chinese car manufacturers. The Company is focusing on simplifying its global organizational structures, reducing costs, and actively managing its portfolio with a focus on the automotive busin...

Major Suppliers  Updated at: 2025/06/02