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1 - 20 of 82 results
TI Automotive Limited (Formerly TI Fluid Systems Plc. )
nks 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 enterprise value of over GBP 1.8 billion. The combined business will be rebranded...
Major Suppliers Updated at: 2025/07/31
LG Chem Ltd.
the cylindrical batteries will be supplied to Tesla. (From multiple media reports dated June 14, 2022) USA 2012 Holland, Michigan,LG Energy Solution Michigan Inc. LG Energy Solution (100%) 25 GWh -Expansion work to increase production capacity from 5 GWh to 25 GWh is expected to be completed in 2025. 2022 Lordstown, Ohio, Ultium Cells LLCWarren Plant GM(50%)LG Energy Solution(50%) 41 GWh -The first plant of Ultium Cells. -Located near ...
Major Suppliers Updated at: 2025/07/29
OPmobility SE (Formerly Compagnie Plastic Omnium SE)
h includes battery systems, electronics, and power electronic components for passenger vehicles, trucks, buses, trains, and machinery H2-Power business group: Designs and manufactures hydrogen solutions including high-pressure fuel tanks, fuel cell stacks and integrated systems -As of February 1, 2025, the Company continued its restructuring activities, combining the Exterior and Lighting business groups into a single business group called Exte...
Major Suppliers Updated at: 2025/07/29
Freudenberg SE
group. The Company tripled production capacities to meet demand, launching two production cells in Reichelsheim, Germany in 2023. A third DIAvent production line will be operational in Berlin, Germany, in the first half of 2024. The Company will also start at least one additional production line in 2025 at its U.S. site in Shelbyville, Indiana. The DIAvent HighFlow integrates bidirectional pressure compensation with an emergency degassing functio...
Major Suppliers Updated at: 2025/07/29
TE Connectivity plc. (Formerly Tyco Electronics Ltd.)
and 2 greenhouse gas (GHG) emissions by 80% between September 2020 and October 2024, exceeding its goal of a 70% reduction. In 2024, the company reduced its Scope 1 and 2 emissions by 30% YoY. Other progresses in 2024 include (i) 87% renewable electricity use globally, surpassing its goal of 80% by 2025, and (ii) 14% reduction in Scope 3 GHG emissions since 2022, toward a goal of 30% reduction by 2032. It also set a new zero waste to landfill goa...
Major Suppliers Updated at: 2025/07/29
Autoliv Inc.
to reduce 2,000 indirect jobs and 6,000 direct jobs. The Company estimates that these reductions will result in annual savings of approximately USD 135 million when fully implemented, with around USD 50 million in savings recorded in 2024, which is expected to increase to around USD 100 million in 2025 and the remaining amount in 2026 and 2027. -At the end of 2024, around 1,400 of the planned indirect reductions were completed. -In addition, the...
Major Suppliers Updated at: 2025/07/29
Schaeffler AG
ons 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 reporting structure into four primary divisions as well as the Others division, each comprised of multiple individua...
Major Suppliers Updated at: 2025/07/29
ZF Friedrichshafen AG
ms, seat belts, and airbags. (Based on Company press release on March 29, 2024) Restructuring Reduction of working hours in Schweinfurt-The Company and the employee representatives in Schweinfurt, Germany, have agreed to reduce working hours to 32.5 hours per week from December 1, 2024, to June 30, 2025. The decision is in response to declining sales and high costs associated with e-mobility, requiring adjustments to the site’s capacities. This...
Major Suppliers Updated at: 2025/07/29
Valeo Group
-The Company’s global product groups market share in 2024: Driving Assistance (ADAS and AD): 13% Interior Experience: 5% Power, including powertrain and thermal systems: 10% Lighting systems: 15% Wiper systems: 23% -The Company is listed on the Euronext Paris stock exchange (As of Feb. 27, 2025) Major Shareholders % of share capital BlackRock, Inc. 5.80 SITAM Belgique 5.62 Bpifrance Participations 5.15 Capital Group 5.12 ...
Major Suppliers Updated at: 2025/07/29
Continental AG
s into a standalone, independent entity. The spin-off of the Automotive sector will enable the new entity to have increased transparency and agility, while also providing new opportunities for partnerships and investments. The spin-off will operate under a new brand, which will be launched by April 2025. The spin off is expected to be complete by the end of 2025, with the new resulting company listed on the Frankfurt Stock Exchange at that time. ...
Major Suppliers Updated at: 2025/07/29
Bosch (Robert Bosch GmbH)
the business sector made considerable progress in cost reduction, this was not enough to fully offset the impact of weaker sales and the additional costs from structural measures announced during the year. Outlook -The Company foresees high uncertainties during the fiscal year ending December 31, 2025, due to global trade disruptions, such as tariff barriers and geopolitical tension. Despite these challenges, the Company expects its sales to in...
Major Suppliers Updated at: 2025/07/29
The Goodyear Tire & Rubber Company
Avon, and Remington brands, and various other Company-owned house brands, as well as the private-label brands of certain customers. -The Company has three operating segments representing its regional tire businesses: Americas: Europe, Middle East, and Africa (EMEA); and Asia Pacific. -On January 7, 2025, the Company signed a purchase agreement with Sumitomo Rubber Industries, Ltd. to sale its Dunlop brand and other rights in Europe, North America...
Major Suppliers Updated at: 2025/07/28
Gentex Corporation
24 million decrease from the previous year's net income. Acquisitions Definitive agreement to acquire VOXX International Corp.-On December 18, the Company entered into a definitive agreement and plan to acquire VOXX International Corp. in an all-cash transaction that is expected to close in Q1 2025. Under the agreement, the Company will acquire all the issued and outstanding shares of VOXX common stock not already owned by the Company for a ...
Major Suppliers Updated at: 2025/07/28
Tenneco Inc.
a leader in high-performance braking systems for USD 405 million paid for using available cash. Öhlins Racing manufactures premium suspension technology for automotive, motorcycle, and motorsport applications in both original equipment and aftermarket segments. The sale was completed on January 2, 2025. Competitors -Marelli-Eberspaecher-Forvia-Hitachi Astemo-KYB-Yutaka Giken-ZF -As of November 17, 2022, the Company was acquired by funds managed ...
Major Suppliers Updated at: 2025/07/28
Harman International Industries, Inc.
facturing facilities for numerous leading global automotive and technology brands. The new facility is expected to further scale Company’s solutions and effectively deliver on its promise of building in-cabin consumer experiences at an automotive grade. Construction is expected to be completed by 2025. The local workforce is planned at 1,200 initially leading up to the facility’s official opening date slated for 2025. (From a press release da...
Major Suppliers Updated at: 2025/07/28
Sensata Technologies, Inc.
operation, building on more than 15 years of technology acquired from LiTHIUM BALANCE. This new facility comprises specialized labs and engineering test facilities, as well as collaboration areas where teams can work together on global projects. (From a press release dated April 16, 2024) Awards 2025 PACE Awards-The Company announced that two of its systems have been recognized as finalists for the 2025 Automotive News PACE Awards. The SMC600...
Major Suppliers Updated at: 2025/07/28
Cummins Inc.
Brazil-On November 13, the Company announced plans to localize the production of its MS-18X HD axle for heavy-duty trucks at its Osasco factory, starting in January. Initially, the plant will produce core components, including the crown and pinion gears, with a gradual increase in local content by 2025. Enhancements, such as surface treatments for greater durability and updated bearings, will boost load capacity and reduce wear. The axle, design...
Major Suppliers Updated at: 2025/07/28
Visteon Corporation
eatured in production vehicles, such as the Alpine A290, Renault R4, and Renault R5, at the Paris Motor Show and Sofia Motor Show. Its 10.25-inch cluster was also showcased in the Dacia Bigster. (From Company social media updates on November 4, 2024) Outlook -For the fiscal year ending December 31, 2025, the Company expects its net sales to be between USD 3.65 billion and 3.85 billion, based on the expectation that automotive production will decl...
Major Suppliers Updated at: 2025/07/28
American Axle & Manufacturing Holdings, Inc.
f approximately USD 12 billion on a non-adjusted combined basis. Within the first full year following the close of the transaction, the combination is expected to deliver an approximate USD 300 million annual run rate in cost synergies and high earnings accretion. The deal is expected to close in 2025 subject to shareholder and regulatory approvals including from the European Union, United States, and China, where Dowlais operates a joint ventu...
Major Suppliers Updated at: 2025/07/28
Dana Incorporated (Formerly Dana Holding Corporation)
ember 31, 2024, totaled USD 380 million and 3.7% of sales, a decrease from USD 501 million and 4.7% of sales in the fiscal year prior. The downward trend is expected to continue in the following fiscal year, as the Company expects that its capital expenditure for the fiscal year ending December 31, 2025 will be approximately 3.0% of its sales, which are expected to decrease again. The decline in capital investments is due to both global market he...
Major Suppliers Updated at: 2025/07/28