hnology Co., Ltd., its joint venture in South Korea, for EUR 7.8 million. Orders -The major orders announced in the fiscal year ended December 2024 are as follows: Model Main products Start of Production Dodge RAM pickup DT (6th Generation) (North America) Door Panels and modular headliners H2/2025 Mercedes V530 EQE (Germany) Complete interior ambient lighting H1/2027 BMW 3 Series (Shenyang, China) Modular headliners H1/2027 Volvo FM a...

Major Suppliers  Updated at: 2025/06/05

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: 2025/06/03

et. Additional service orders are also expected. The Company booked an order from the same manufacturer for various electric oil pumps in late 2023. Production of the initial order (from 2023) is set to start in May 2024, while this recently awarded production uplift is planned to begin in February 2025 and run for six years until December 2030. The Company’s various electric oil pumps can work with innovative dielectric solutions which offer f...

Major Suppliers  Updated at: 2025/06/03

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: 2025/06/02

the Company’s functional and business areas. Global vehicle production in 2024 fell by around 1 million compared to 2023 to 89.1 million vehicles. Restructuring Plan -The Company 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 ma...

Major Suppliers  Updated at: 2025/06/02

Integrated Strength Award (Advanced Manufacturing Industry) - Gold Award for 2023 from Shanghai Jiading Industrial Zone Administrative Committee Excellent Quality Partner from FAW-Volkswagen Excellent Team for Production Injection Molding from FAWAY Outlook -For the fiscal year ending December 31, 2025, the Company expects sales to remain roughly at the same level as in 2024, with an EBIT margin in the mid-single-digit range. The Company project...

Major Suppliers  Updated at: 2025/06/02

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: 2025/05/29

everal leading companies in the tire, rubber, and oil industries, including Michelin. This is the first full-scale recycling plant to be constructed by the JV (following its formation in March 2023). The plant’s construction will start in the first quarter of 2024 and will be fully operational in 2025. (From a press release dated February 7, 2024) Business Partnership Partner Details Beontag RFID-enabled smart tires-Beontag announced a par...

Major Suppliers  Updated at: 2025/05/27

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: 2025/05/23

ng for consolidation and currency translation effects, sales declined by 9.9% in the Thermal Management business unit and by 5.7% in the Electronics and Mechatronics business unit. *Figures other than the four main business units have been omitted from the chart. Restructuring -Effective January 1, 2025, the Company reduced its business units from five to three to enhance efficiency and accelerate the implementation of its MAHLE 2030+ strategy. ...

Major Suppliers  Updated at: 2025/05/15

in standardization and automation. It will To increase efficiency in R&D and administration by using AI or relocation or possible bundling of activities. -The annual gross savings targeted by the measures up to 2028 are around EUR 400 million, of which around EUR 150 million should be achieved by 2025.-The company plans to spend around EUR 200 million to implement these measures until 2028, of which a large extent will be spent by the end of 20...

Major Suppliers  Updated at: 2025/05/15

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: 2025/05/14

-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: 2025/05/12

the fiscal year ended December 31, 2024, decreased by 3.4% year-over-year to USD 771.3 million. Restructuring -The Company revealed the relocation of the steering columns business from its US site in Saginaw, Michigan to its Mexico site in Juarez remains on schedule, with completion now expected by 2025, earlier than initially planned. This transition is expected to improve profit margins via larger scale and more competitive production and suppl...

Major Suppliers  Updated at: 2025/05/08

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: 2025/05/07

uction of vehicles.Operating temperature: minus 40 to 105 degrees Celsius Automotive multi-domain SoC"R-Car X5H" ADAS, IVI, gateways, etc First product in the 5th generation R-Car series Uses 3nm process technology AI accelerator with up to 400 TOPS and GPU with up to 4TFLOPS The first half of 2025: Sample shipments to start Around the second half of 2027: Mass production to start Automotive HD Link (AHL) video decoder"RAA279974" For surr...

Major Suppliers  Updated at: 2025/05/07

erformance Chemicals”, which include fluoropolymers used as an automotive wire covering material, into the strategic businesses. (From an article in the Nikkan Jidosha Shimbun on February 9, 2024) The Company strengthening next-generation mobility products to achieve sales of JPY 40 billion in FY 2025-AGC Inc. (AGC) has been strengthening the development of products for next-generation mobility. AGC has been developing a glass antenna to be mou...

Major Suppliers  Updated at: 2025/05/07

to CERTINA-The Company completed the sale of its Heat and Noise Shielding sites in Sevelen (Switzerland) and Buford (USA) to CERTINA, following a year of profound and in-depth negotiations and three months after the signing event on October 7, 2024. (Based on CERTINA press release dated January 9, 2025) Plant Closure To close Thale plant in Germany-The Company has decided to discontinue operations at its Thale site in Germany due to current mark...

Major Suppliers  Updated at: 2025/05/06

t solutions for hot-humid climates, Coating processes for flat glass, Grinding technology for abrasives   Capital Expenditure (in EUR millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Total 2,049 2,029 1,940 -For the fiscal year ended December 31, 2025, the Company's capital expenditure is expected to be around 4.5% of its sales, with a strict allocation to structurally high-growth markets. Inve...

Major Suppliers  Updated at: 2025/05/01

ced new partnerships with the Company, May Mobility, and Nexar to advance autonomous vehicle (AV) access within its rideshare platform. With the Company, Lyft will give small and large fleet operators access to Mobileye’s self-driving technology, allowing seamless “Lyft-ready” deployment. In 2025, May Mobility will introduce Toyota Sienna minivans to Lyft’s platform in Atlanta, Georgia, starting a scaled deployment that will scale over t...

Major Suppliers  Updated at: 2025/04/26