Comisiones Obreras de Castilla-La Mancha (CCOO) union has strongly rejected this decision. (From CCOO press release and multiple sources dated September 19-20, 2025)Workforce restructuring plan in Spain agreed with workers' representatives-Multiple media sources reported that the Company reached an agreement with workers' representatives regarding the restructuring of its workforce at the Motilla del Palancar factory and the Valencia Technology C...

Major Suppliers  Updated at: 2026/06/30

ns in order to increase its range of charging solutions across various markets. The expanded partnerships include the following: OpConnect: The partnership will use the Company’s Adapta digital tool to monitor, manage, and optimize EV charging operations that was co-developed with OpConnect. The agreement will utilize charging equipment that is network enabled with Adapta. Autel: The agreement with Autel will provide a range of level 2 and lev...

Major Suppliers  Updated at: 2026/06/29

azil. Asia: Sales in the region decreased by 7.7% to EUR 1,823.5 million. Gescrap: Gescrap's revenue decreased by 6.8% to EUR 534.5 million. Business Partnership Collaboration with Hydnum Steel for green steel for automotive components-The Company and primary metals producer Hydnum Steel signed an agreement to use clean steel produced with renewable energy and green hydrogen for the manufacturing of automotive components. The Company, through it...

Major Suppliers  Updated at: 2026/06/29

a major restructuring for the long-term viability of its industrial and technological operations. Following Stellantis' withdrawal as a customer for all hydrogen-related activities, Symbio’s three shareholders: the Company, Michelin, and Stellantis, approved a new business plan with a refinancing agreement, allowing Symbio to continue operations. The plan will help Symbio achieve financial stability and strengthen its competitiveness. Symbio ai...

Major Suppliers  Updated at: 2026/06/29

Company’s production sites in China. Its core products will cover HOD (Hands-On Detection), PPMI (pre-pretensioner mechatronic integration), and electronic applications for seatbelt systems and driver units. (From a press release dated October 9, 2025) Recent Developments Two new renewable energy agreements-The Company has entered into two Virtual Power Purchase Agreements (VPPAs) with Alight and Eurowind Energy to ensure a consistent and reaso...

Major Suppliers  Updated at: 2026/06/28

n Ontario, Canada, are expected to launch in late 2028. (From multiple sources on February 26, 2026) Recent Developments Expanded partnership with Palantir on manufacturing and supply chain technology -The Company has expanded its partnership with Palantir Technologies Inc. through a new five-year agreement to broaden the use of Palantir’s Foundry, Warp Speed manufacturing operating system, and Artificial Intelligence Platform (AIP) across its...

Major Suppliers  Updated at: 2026/06/26

ving joint venture with Hyundai Motor from 15% as of March 31, 2025, to approximately 13% as of December 31, 2025. Recent Developments Intercable’s NEV project in Jiading, Shanghai-The Company’s subsidiary, Intercable Automotive Solutions S.R.L. (Intercable), has signed a strategic cooperation agreement with the Anting Town People’s Government of Jiading District of Shanghai Municipality for a New Energy Vehicle (NEV) project. Planned to b...

Major Suppliers  Updated at: 2026/06/26

m standardization, and investments in applications with higher margins. -In November 2023, the Company launched a public tender offer for all outstanding shares in Vitesco Technologies Group AG, with the tender offer concluding in January 2024. The Company entered into a formal business combination agreement with Vitesco to create a new combined company under the same Company name Schaeffler AG. Following the conclusion of the public tender offer...

Major Suppliers  Updated at: 2026/06/25

provides complete vehicle engineering and contract manufacturing expertise.-The Company is organized into the following four product segments: Body Exteriors & Structures Power & Vision Seating Systems Complete Vehicles -On April 9, 2026, the Company announced that it had entered into definitive agreements to sell its Lighting and Rooftop Systems business operations across three different transactions. The Company will divest its European Ligh...

Major Suppliers  Updated at: 2026/06/25

h the same period of 2024. It has also conducted an exhaustive review of its supply chain to mitigate the direct impact of the new tariffs. As a result, more than 90% of products produced by the Group in Mexico and imported into the U.S. are now compliant with the USMCA (United States-Mexico-Canada-Agreement). For products affected by the increase in tariffs, the Company aims to obtain compensation from customers for 100% of the costs. To date, c...

Major Suppliers  Updated at: 2026/06/25

a Shimbun on May. 17, 2013) G-TEKT Corporation announced that it will acquire the 50 percent of the shares of PT. Auto-Body Manufacturing Indonesia from H-One Co., Ltd. to turn the joint venture into its wholly-owned subsidiary. The 50-50 joint venture was established in February 2013. Through this agreement, G-TEKT is dissolving its joint venture with H-One with an eye toward integrating Auto-Body Manufacturing Indonesia with PT. G-TEKT Indonesi...

Major Suppliers  Updated at: 2026/06/24

e Company’s shift in strategy is due to its viewpoint of favoring a balanced product and technology portfolio, as EV adoption has become more inconsistent in recent years across various regional markets. This is further highlighted by its plans to enter the data center market through a new supply agreement with TurboCell to supply a modular turbine generator system, utilizing the Company’s core competencies in the automotive market.-While the...

Major Suppliers  Updated at: 2026/06/22

inty in vehicle production combined with potential tariff policy changes. In the EMEA region, the Company is in the middle of a multi-year restructuring plan to improve performance and profitability by improving plant efficiencies and reducing expenses in the region. In China, the Company signed an agreement with a regional Chinese seating supplier that has significant business with Chinese OEMs, enabling opportunities to increase market share an...

Major Suppliers  Updated at: 2026/06/19

capacity of 42 to 45 million interior automatic-dimming mirror units and 19 to 22 million exterior mirror units. In 2025, the Company shipped 28.6 million interior automatic-dimming mirrors and 16.2 million exterior automatic-dimming mirrors.-In December 2024, the Company entered into a definitive agreement to acquire VOXX International through an all-cash transaction. Under the agreement, the Company will acquire all issued and outstanding shar...

Major Suppliers  Updated at: 2026/06/18

co Ltd.Acquired 14.52% stock of Clarion Co., Ltd., resulting in Hitachi being its largest stockholder.Commenced the operation of Guangzhou Hitachi Unisia Automotive Parts, Co., Ltd, in China.Established Unisia Steering Systems, Inc., in Georgia, U.S.A. 2005 Concluded a comprehensive business ties agreement regarding CIS business with Clarion Co., Ltd.Established CIS Division as a business department of in-vehicle information terminal.Completed ...

Major Suppliers  Updated at: 2026/06/18

ality and high-efficient semiconductors.Detailed news Rapidus Considering additional investments in Rapidus They will meet Rapidus’ request for additional investments in order to launch volume production of advanced semiconductors in JapanDetailed news Quadric.inc Signed a development license agreement for a Neural Processing Unit (NPU) semiconductor NPU specializes in arithmetic processing of AIThe new in-vehicle semiconductor NPU IP will ...

Major Suppliers  Updated at: 2026/06/16

1994 Established FIC America Corporation in Illinois, US. (currently a consolidated subsidiary) Mar. 1997 Finished building the headquarters building. Feb. 2000 Established Futaba Hiraizumi in Iwate Prefecture. Dec. 2000 Futaba Industrial Co., Ltd. announced the conclusion of a joint business agreement with US Tenneco Automotive in the UK. The business was established in December with capital investment of 51% by Futaba and 49% by Tenneco. ...

Major Suppliers  Updated at: 2026/06/16

c focus is centered around three primary themes: an emphasis on on-highway end markets, a more measured and moderate approach to the EV market, and the streamlining of the Company’s cost structure. In keeping with its focus on its core on-highway end markets, the Company entered into a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings, Inc. on June 2025. It completed the transaction on January 1, 2026, recei...

Major Suppliers  Updated at: 2026/06/15

n, China SKF signs MoU with ABB to collaborate on industrial automation SKF breaks ground on green intelligent technology center in China SKF breaks ground for 3rd-phase project of its high-precision bearings industrial park and R&D center in Zhejiang Province SKF signs 3-year strategic cooperation agreement with Wolong Electric SKF develops new hybrid deep groove ball bearing for E-mobility SKF raises EUR 400 million to finance green investments...

Major Suppliers  Updated at: 2026/06/12

nt is focused on the areas of AI, digital twins, and sustainability. Throughout 2024, the Company restructured its research and development operations, shifting specific departments from Corporate R&D to specific divisions and centralizing other activities.   -In March 2022, the Company reached an agreement with AEQUITA SE & Co. KGaA for the sale of its Electronic Interfaces product line under the Electrified Powertrain Technology division. The ...

Major Suppliers  Updated at: 2026/06/12