xtension for its Fluoro-Comp and stainless-steel braided hoses from a global Tier 1 automotive supplier. The 5-year contract renewal is worth over EUR 56 million in estimated lifetime revenue. These hoses will be produced and supplied by KA’s Suffield, Grand River (USA), and Ramos Arizpe (Mexico) plants. They are critical for use in ICEs, HEVs, and EVs. (From a press release dated December 20, 2024) Air suspension lines One of largest global ...

Major Suppliers  Updated at: 2025/06/06

sors - Nissan Bluebird/Sylphy Lighting console and sunvisors - BYD Yuan Plus Modular headliner - Volkswagen Passat Ambient lighting - Škoda Kylaq Standard and sunroof headliners, and ambient lighting -The Company is providing both standard and sunroof headliners, produced in its Ranjangaon plant, for Škoda Kylaq, a newly unveiled compact SUV. It is also providing ambient lighting for this model, which is produced in its lighting facilit...

Major Suppliers  Updated at: 2025/06/05

aditional cathode manufacturing processes. The pCAM was manufactured at Ascend Elements’ facility in Westborough, Massachusetts. The material was then sintered and finished as CAM at Ascend Elements’ location in Novi, Michigan, before being shipped to Freudenberg e-Power Systems’ XALT Energy plant in Midland, Michigan. (From a press release on June 19, 2024) XRANGE Battery Pack -The Freudenberg e-Power Systems Business Group has present...

Major Suppliers  Updated at: 2025/06/03

cations, providing real-world data to enhance their performance. The collaboration will initially focus on the development of SiC MOSFETs in topside cooled (TSC) QDPAK packaging for onboard chargers in EVs. (From a press release dated November 5, 2024) Awards -KOSTAL North America has received the "Most Improved Supplier" Award from Stellantis. (From a press release dated October 4, 2024) -KOSTAL Automobil Elektrik GmbH & Co. KG (KAE) has been no...

Major Suppliers  Updated at: 2025/06/03

ms-In the fiscal year ended December 31, 2024, the Power Systems division had sales of EUR 2,038 million, representing a decrease of 2.2% compared to the previous year. Excluding currency translation effects, sales declined by 1%. This was mainly due to the weak truck market and lower demand across most of the division’s business units, including Sensors and Actuators, Air Management, Thermal management, and Bearings. In contrast, the division ...

Major Suppliers  Updated at: 2025/06/03

ring Restructuring of German locations under Bearings & Industrial Solutions division-The Company has recently announced structural measures affecting several European locations, primarily in the Bearings & Industrial Solutions division with the Schweinfurt and Homburg sites in Germany. The Homburg plant produces components for drive systems, guides, and mechatronic system solutions. The division’s main plant in Schweinfurt will absorb producti...

Major Suppliers  Updated at: 2025/06/02

ulative) Sanoh Industrial to produce automotive pipe tubes locally in U.S. Nishikawa Rubber to deepen collaboration with U.S. Cooper-Standard Automotive in automobile rubber sealing business Cooper acquires U.S.-based coating supplier Cooper to establish joint venture in France Cooper to open new plant in Romania Cooper acquires sealing business of Italy-based Sigit Cooper-Standard acquires U.S.-based EDC Automotive Honda launches worl...

Major Suppliers  Updated at: 2025/06/02

ith around 700 jobs eliminated at the Company's German locations. In addition, the Company is optimizing its global production network to improve cost competitiveness by using and reusing production facilities, scaling back automation, sourcing internationally, and planning to close non-competitive plants. (From a press release dated May 21, 2025) 700 jobs in Germany to be cut under global restructuring plan-The Company announced the decision to ...

Major Suppliers  Updated at: 2025/06/02

d the premium segment. The system removes potentially harmful particles and dries the air before it enters the suspension’s sensitive air chambers.Eco-friendly filters-In 2024, the Company developed 29 sustainable filters for the automotive sector. These filters will be partially impregnated with plant-based lignin instead of oil-based resin. The CO2 footprint of affected lignin impregnation was reduced by up to 5%, while the use of crude oil w...

Major Suppliers  Updated at: 2025/06/02

s certain, which is when the Company received first consideration of USD 72,000,000 on December 29, 2023, as stated in agreement. (From SET Announcement on January 2, 2024) Business partnership Collaboration with Changan to localize EV parts in Thailand-During the visit to the Company’s Ayutthaya plant on May 14, 2024, Changan Automobile Purchasing Center presented a letter of nomination and a car model to the Company’s president, symbolizing...

Major Suppliers  Updated at: 2025/05/30

ented 61.84% of the Company's total sales. The Company has gradually achieved a better balance of sales between its Mobility and other business sectors, benefiting from the acquisition of BSH Hausgeräte in 2015, which improved the Company's Consumer Goods sales. Despite a decline in sales across almost all the company’s divisions, including Mobility, the Consumer Goods division recorded a slight increase.   Featured report   Bosch Co...

Major Suppliers  Updated at: 2025/05/29

oil company Total takes majority shareholding. 1978 Full control of Paulstra and merger with Hutchinson SA. 1991 Public exchange offering total over Hutchinson.Total take-over of Spontex and Pongs (Hutchinson Aachen) in Aix-la-Chapelle (Germany) 1993 Purchase of the glove business of Pirelli (plant in Bentong, Malaysia) and of Russells Rubber (Hutchinson Ltd) in the United-Kingdom and take-over of part of Bostik's activities. 1996 Acquisi...

Major Suppliers  Updated at: 2025/05/29

s a power source. (From a press release dated May 22, 2024) 400V motor stators and rotors -The Company won a new drive motor business order for 400V motor stators and rotors from a Chinese client, with the total lifecycle order value estimated at EUR 600 million and production expected at a Chinese plant in mid-2024. The 400V motor stators and rotors to be supplied adopt an 8-layer flat wire short-pitch winding design to enable a maximum motor ef...

Major Suppliers  Updated at: 2025/05/29

is notably exposed, and a shift in demand toward less premium vehicles. However, the percentage of 18-inch and larger tires in the sales mix continued to rise sharply, supported by a fast-growing market where the Company maintained its competitive positions. Restructuring To close CHOLET and VANNES plants in France by 2026-The Company announced its plan to close CHOLET and VANNES plants in France by 2026, affecting around 1,254 employees. The dec...

Major Suppliers  Updated at: 2025/05/27

erformance Daido Metal Co., Ltd.'s third quarter results (cumulative) Daido Metal Co., Ltd.'s second quarter results (cumulative) Daido Metal Co., Ltd.'s first quarter results Manufacturing Facilities in Japan (Automotive bearing metal) Facility Location Main Products Inuyama Site Aichi Pref. Plant for Automobile Engine Bearings, Non-Automobile Bearings, Material of Bearings and R&D base Gifu Plant Gifu Pref. Plant for Automobile Bearings...

Major Suppliers  Updated at: 2025/05/20

ogy standards. Under the agreement, the two companies, following the transformation and upgrade trends in the global automotive industry, will leverage their respective advantages such as technology, management, platforms, and brand resources in relevant areas to establish the world’s largest and most technically advanced battery swapping service network for passenger vehicles. In response to China’s national strategic plan for New Energy Veh...

Major Suppliers  Updated at: 2025/05/19

s new R&D center Takata facing tough negotiations on restructuring plan Takata prepares to apply for Civil Rehabilitation Law on June 26 Key Safety Systems establishes Takata Acquisition Management Committee KSS commences steering wheel production in India Key Safety Systems opens its sixth Mexican plant in Matamoros Key Safety Systems to acquire Takata assets for USD 1.588 billion KSS opens new technical center in Korea KSS wins Best Supplier Aw...

Major Suppliers  Updated at: 2025/05/17

s Cabin filters Condensers Climate controls Fragrancing systems Electric air conditioning compressors Engine cooling components, modules, and systems Battery cooling Charge air cooling Coolant pump Cooling modules EGR coolers Low temperature radiators Oil heating and cooling systems Radiators Thermostats and control valves Electric coolant pumps Systems for air management Air intake modules Air filters Electrical heaters for blow-by systems E...

Major Suppliers  Updated at: 2025/05/15

urope. This decline was partially offset by positive development in the radar business due to new series launches in the Americas region. Restructuring Realigning lighting production at Lippstadt site; cutting 420 jobs by mid-2026 -The Company announced a plan to restructure its lighting production plant in Lippstadt, Germany, to strengthen its competitiveness. This decision is due to changes in the European market environment, caused by lower ve...

Major Suppliers  Updated at: 2025/05/15

an entity focused on the development of software to support the Company’s mobility solutions. The Company also introduced One4you to provide customized exterior solutions combining the synergies from Company’s business groups. Diversification of global presence: The Company opened a new Module plant in Austin, Texas in 2024, its 12th plant in the U.S. The Company also has a network of 37 plants and 5 R&D centers in China. In India, the Compa...

Major Suppliers  Updated at: 2025/05/14