enture in China to produce and market Warrior brand passenger car and light truck tires for the local market. The new company, Double Coin Group (Anhui) Warrior Tires Co, will be owned 40% by Michelin and 60% by its Chinese partners. The Michelin Group will contribute capital of 667 million Chinese yuan (approximately 75 million euros) to the joint venture. Double Coin Group (Anhui) Warrior Tires Co will operate a plant now being built in Wuwei, ...

Major Suppliers  Updated at: 2025/05/27

cquire a majority shareholding in the joint venture of Chery automotive company and Atech Australia, based in Wuhu, Anhui Province, China. The joint venture develops, manufactures and sells instrument clusters and car infotainment systems. Five hundred associates generated sales of some 200 million yuan (22 million euros) in 2011. (From a press release on April 25, 2012) The Bosch Group announced that it will spend more than 4 billion euros for r...

Major Suppliers  Updated at: 2025/05/23

shareholding ratio : 51.0%) Oct. 2002 Closed Nagoya plant after transferring all the production equipment to Inuyama Plant and Gifu Plant. Dec. 2002 Established Daido Precision Metal (Suzhou) Co., Ltd. as a joint venture with China Daido Metal Industries Inc. (Paid-in capital of 11,126 thousand yuan, the shareholding ratio of the Company : 50%) Mar. 2004 Listed shares and convertible bonds on the second section of the Tokyo Stock Exchange. ...

Major Suppliers  Updated at: 2025/05/20

The project aims to build a green industry cluster area for the entire lithium battery chain to stimulate new momentum for green sustainable growth.(From a Dongying Municipal People’s Government press release dated March 15, 2025) Fuzhou  -  -  40GWh  Drive batteries According to a Luoyuan County press release, the Fuzhou Municipal People’s Government signed a strategic cooperation framework agreement on zero-carbon city construc...

Major Suppliers  Updated at: 2025/05/19

fety Systems Co., Ltd, in Huzhou, Zhejiang Province, China. The plant went into production in June 2009 and has an annual capacity of 1 million inflators for driver and passenger airbags. New lines will be added for side and curtain airbag inflators with an investment of 7.5 million USD (51 million yuan) to be implemented by the end of 2010. Further expansion is planned over the next four years, bringing annual capacity up to between ten and twel...

Major Suppliers  Updated at: 2025/05/17

nt in Tianjin. The plant in Tianjin is the second production site of the joint company. For Hella, it’s the fifth plant to produce automotive lights in China. The new facility is built on a site of 39,873 square meters and has a floor space of 21,520 square meters. The total investment is Chinese yuan (CNY) 200 million paid 50% by Hella and 50% by Beijing Hainachuan Automotive Parts. The plant is going to produce 0.6 million automotive head lig...

Major Suppliers  Updated at: 2025/05/15

iner substrate (South America)Lighting console (Europe) - Nissan Rogue Lighting console - Skoda Octavia Instrument panel, door panels, pillar trim, and multipurpose lamp - Honda Civic Ambient lighting - BYD Qin Plus Sunvisors - 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...

Major Suppliers  Updated at: 2025/05/13

climbed 3 percent year-on-year to 725 million euros. New orders received during 2012 were worth 15.8 billion euros, which was a record high figure. (From a press release, February 23, 2013) Valeo Wenling Automotive Systems Co. Ltd. announced that it has already won wiper programs worth 870 million yuan since January 2013. Sales have been growing steadily at the company; they reached 460 million yuan in 2010, 600 million yuan in 2011, and 740 mil...

Major Suppliers  Updated at: 2025/05/12

ction is expected to close during 2016. (From a press release on December 14, 2015) Faurecia S.A. announced on July 3, 2017, an establishment of Faurecia Liuzhou Automotive Seating Co., Ltd., a joint company with Liuzhou Wuling Automobile Industry Co.,Ltd.. The new company is capitalized at Chinese yuan (CNY) 150 million, owned 50% or CNY 75 million by Faurecia and another 50% or CNY 75 million by Liuzhou Wuling Automobile. Faurecia Liuzhou Autom...

Major Suppliers  Updated at: 2025/05/09

steering technologies for sophisticated driving assistant and autonomous driving systems. Dongfeng and Nexteer plan to launch the first mass production of the EPSs by the end of 2019. According to their business plans, they aim to achieve 20% shares in the Dongfeng car markets and sales of Chinese yuan (CNY) 1.2 to 1.4 billion by 2023. (From a press release on October 31, 2017) Nexteer Automotive announced the continued expansion of its automate...

Major Suppliers  Updated at: 2025/05/08

es of commercial vehicles in 2012 ZF China announces 2013 business plan at Shanghai Motor Show ZF to construct plant to produce rebuilt transmissions in Shanghai ZF Liuzhou Drive Axle producing samples of AP3000 axles for construction vehicles Shanghai ZF Steering announces sales of over 6 million yuan for 2012 ZF Transmission Shanghai opens new plant ZF Shanghai Steering produces first dual-pinion type EPS system ZF Shanghai Steering completes ...

Major Suppliers  Updated at: 2025/05/07

The demerger of the Company's industrial services businesses to Brambles Industries plc and the combination (by way of a dual listed companies structure) of Brambles industries plc with Brambles Industries Limited. Feb. 2005 Entered into an agreement to form a new company in China with Henan Zhongyuan Engine Fittings Stock Company Limited (ZYNP).Completed the acquisition of the 51 % equity interest that it does not already own in Velcon S.A. de...

Major Suppliers  Updated at: 2025/05/03

r 20, 2018) Freudenberg Group announced on December 5, 2018, a plan to build two plants targeting China. The company aims at launching their operations in 2020. One of them will be made in Chongqing as a new facility for producing vibration control solution programs. Another one will be built in Taoyuan, Taiwan, by expanding its production lines for annually producing 11,000 tons of interior parts and non-woven fabric for carpets. Headquartered i...

Major Suppliers  Updated at: 2025/04/26

nal trading area of the Suzhou Industrial Park held a ceremony to commemorate the signing of investment contracts regarding ten projects including the ones with Delphi research and development (R&D) center and Magna closure system global R&D center. The total investment in those projects is Chinese yuan (CNY) 5 billion. Delphi has already begun constructing a new plant in the Suzhou Industrial Zone in November 2017. Now the company plans to build...

Major Suppliers  Updated at: 2025/04/25

d., a subsidiary of Eaton Corporation, said it's now expecting to complete the construction of  car component plant in October 2018 and launch the production in December. The project had been started in November 2017 and the construction launched in April 2018. With the total investment of Chinese yuan (CNY) 200 million, the company is now building a factory with ten new production lines at a site of 20,000 square meters. Upon completion, the ne...

Major Suppliers  Updated at: 2025/04/23

revious year's USD 20.1 billion.-The decrease in sales was primarily driven by a 2% decrease in sales volumes, due to decreased global automotive production, primarily in Europe and North America. Other decreased sales factors include negative foreign currency impacts, mainly related to the Chinese Yuan Renminbi. 2) Operating Income (Loss)-Operating income increased 18.2% YoY to USD 1.8 billion. This was a USD 283 million increase over the previo...

Major Suppliers  Updated at: 2025/04/23

struction, Lear will invest in the leather project at Eagle Ottawa and complete the project in February 2018. The second phase will cover other projects, which are slated to conclude in June 2018. Once the new facilities start working at full capacity, they are expected to generate sales of Chinese yuan (CNY) 3 billion. (From some releases on September 1, 2017) Lear Corporation announced construction of a USD 29.3 million plant for the subassembl...

Major Suppliers  Updated at: 2025/04/23

n the Lingang Economic Development Zone in Jinan, Shandong province, China – Continental Automotive Jinan Co., Ltd. It is Continental's first facility in China that specializes in manufacturing electronics for commercial vehicles and the aftermarket. The investment is valued at 57 million Chinese yuan (approximately 6.2 million euros), and the total floor space of the new facility in Jinan is 21,169 square meters. With the new location, Contine...

Major Suppliers  Updated at: 2025/04/22

78.0% from KRW 1.4 trillion in the same term last year. Hyundai Mobis explained that the declines in the sales and profits are attributable to an increase in fixed cost burden due to the reduction in volume in China, influence of currency fluctuations such as the weakening of US dollar and Chinese yuan, strikes in Korea, initial cost for mass production at a new factory, for example. (From a press release on January 25, 2018) Hyundai Mobis Ltd. ...

Major Suppliers  Updated at: 2025/04/16

retaining the same size of accumulator, or utilize a smaller accumulator. (From a press release on July 16, 2019) On September 2, 2017, Foton-ZF held a groundbreaking ceremony for its high-end automated manual transmission project in Jiaxing, Zhejiang. The total investment in the project is Chinese yuan (CNY) 5 billion. The new facilities to be built on a site of 253,000 square meters will produce high-end intelligent transmissions for light-duty...

Major Suppliers  Updated at: 2025/04/11