e creation, net revenue decreased by 9% year-on-year. The decline in sales was mainly driven by changes in the product mix and lower monolith prices. Additional contributing factors included a sharp economic slowdown in key markets, global uncertainties, slowing momentum in international industrial production, and lower-than-expected demand for e-mobility products.2) Purem by Eberspaecher Division-Sales in the Purem by Eberspaecher Division in th...

Major Suppliers  Updated at: 2025/06/26

ems 3,791.2 4,247.4 (10.7%) 3) Technology Solutions 392.3 365.7 7.3% 5) Factors1) Net Sales-For the fiscal year ended December 31, 2024, the Company had sales of EUR 4,190.7 million, a decrease of EUR 426.7 million or 9.2% from the previous year. The decrease was due to a global light vehicle production reduction of around 1.1% in the year caused by geopolitical tension, macro uncertainty, high prices and costs, and slow demand for electric...

Major Suppliers  Updated at: 2025/06/05

's social media updates on July 30, 2024) -KOSTAL Brazil has received the Q1 quality certification from Ford for the second time. The award was first presented to the plant in São Bernardo do Campo in 2018. The certification has now been extended to KOSTAL Cravinhos following the relocation of the production process. (From a press release dated January 1, 2024) R&D Expenditure -The Company invests more than EUR 200 million annually in research a...

Major Suppliers  Updated at: 2025/06/03

motive OEM Division sales-Sales in the Company’s Automotive Technologies division in the fiscal year ended December 31, 2024 totaled EUR 6,955 million, a decrease of 1.1% from the previous year. Excluding currency effects, sales decreased by 0.1%. The decline in sales was due to decreased vehicle production from a weaker automotive environment during the year. Despite the weaker automotive environment, individual business divisions in the Autom...

Major Suppliers  Updated at: 2025/06/02

Company’s business divisions and regions. In 2024, the Company generated sales of around EUR 1.2 billion in China. The Company also recorded an operating loss of EUR 14 million and a net income loss of EUR 142 million for 2024. This negative result was primarily driven by declining global vehicle production volumes, worsening market conditions, and restructuring costs in all of the Company’s functional and business areas. Global vehicle produ...

Major Suppliers  Updated at: 2025/06/02

e of change (%) Factors Sales 27,002 30,389 (11.1) 1) Net Profit 7,477 1,610 (53.6) 2)  Factors1) Sales-In the fiscal year ended December 31, 2024, the Company’s sales decreased by 11.5%, or THB 3,387 million, from the previous year to THB 27,002 million. The decrease was due to the lower production volume of the Company’s OEM auto parts manufacturing business in Thailand, driven by decreased customer orders from existing clients. Alt...

Major Suppliers  Updated at: 2025/05/30

ecember 31, 2024, decreased slightly by 0.7% from the previous year to EUR 55,793 million. Excluding currency exchange rate effects, sales increased slightly by 0.2%. The business sector fell short of its forecast growth of 7 to 9%. The decrease in its sales was due to the global decline in vehicle production, especially in Europe. In addition, growth in strategic areas such as electromobility and automated driving fell significantly short of int...

Major Suppliers  Updated at: 2025/05/29

and related distribution segment in the fiscal year ended December 31, 2024, were EUR 14,667 million, a decrease of 1.3% from the previous year’s EUR 14,859million. The decline was mainly driven by the decrease in the Original Equipment segment, due to a global 2% year-on-year drop in automotive production, with particularly weak demand in Europe and North America. Sales were further impacted by a slowdown in the electric vehicle segment, wher...

Major Suppliers  Updated at: 2025/05/27

reased by 3.1% at constant currency, including the contribution of the Cascade Engineering Europe acquisition. The increase was driven by strong sales growth in fuel tanks and delivery systems. In the second half of 2024, demand for thermal products for EVs also increased as customers ramped up BEV production ahead of 2025 European CO2 emissions standards. 3) Sales in Asia Pacific-Sales in the Company's Asia Pacific for the fiscal year ended Dece...

Major Suppliers  Updated at: 2025/05/23

million rupees. The Company's shareholding ratio : 40.0%) Jan. 2002 Established Daido Metal Kotor Ltd. jointly with a local investor in the Republic of Montenegro. (Paid-in capital of 9,067 euro, the Company's 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 D...

Major Suppliers  Updated at: 2025/05/20

tteries, and through refining and synthesis produces battery cathode materials, ternary precursors, iron phosphorus precursors, lithium salts, etc. It also reuses the recovered copper and aluminum through third-party organizations, promoting the circular use of metal resources necessary for battery production. Battery Mineral Resources: -In 2024, battery mineral resources revenue was CNY 5.493 billion (-28.98% y/y).     New Technology/New Pro...

Major Suppliers  Updated at: 2025/05/19

evious year. The increase in the segment's sales was mainly due to the full consolidation of Beijing Hella BHAP Automotive Lighting since this fiscal year. It was also supported by slight growth in the Americas region, including new launches for headlamp and rear lamp projects. In contrast, reduced production volumes in the automotive market and the discontinuation of high-volume series production in China decreased sales in the segment.3) Elect...

Major Suppliers  Updated at: 2025/05/15

ure 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 Exterior & Lighting.-The Company is the global leader in the development and production of fuel systems with a market share of 22%. Annually, the Company produces approximately 22 million bumpers, 3 million tailgates and spoile...

Major Suppliers  Updated at: 2025/05/14

ss unit is the global market leader in interior systems and modules. The Company is among market leaders across multiple automotive electronic market segments including radars, voltage converters, sensors, displays, and in-vehicle infotainment systems. The Company is the global market leader in the production of ultra-low emissions (ULE) systems for thermal vehicles The Company is among the top three suppliers globally for automotive lighting sol...

Major Suppliers  Updated at: 2025/05/09

.2 168.1 5.4 3) -Steering columns 440.2 379.4 16.0 4) Driveline system 771.3 798.5 (3.4) 5) Factors1) Net Sales-The Company’s revenue in the fiscal year ended December 31, 2024, increased by 1.6% over the previous year to USD 4,276.1 million, despite a decrease in global OEM light vehicle production. The increase in revenue was driven by the ongoing benefit from the launch of new and conquest programs over the past few years. Excluding ...

Major Suppliers  Updated at: 2025/05/08

actors 1) Net Sales-The Company's overall net sales for the fiscal year ended December 31, 2024, slightly decreased by 0.8% from the previous year to USD 10,390 million. Excluding negative currency translation effects of 1.2%, the organic sales increased by 0.4% compared to the global light vehicle production (LVP) decrease of 1.2%. This increase was driven by new product launches and higher prices, partly offset by negative customer and model mi...

Major Suppliers  Updated at: 2025/05/07

n the announcement of the company's financial results. Past Performance Renesas Electronics Corporation's third quarter results (cumulative) Renesas Electronics Corporation's second quarter results (cumulative) Renesas Electronics Corporation's first quarter results Business Activities To reduce production of automotive semiconductors Reduce production of mainstay automotive semiconductors and focus on R&D Cause: Excess inventory due to norma...

Major Suppliers  Updated at: 2025/05/07

y areas of vehicle motion control, integrated safety systems, autonomous driving and electric drives, ZF offers comprehensive product and software solutions for existing car manufacturers as well as start-up mobility service providers.-ZF sets up its Asia-Pacific headquarters in Shanghai. Nearly 50 production sites and four R&D centers have been established in more than 20 major cities, including Shanghai, Beijing, Tianjin, Chongqing and Hangzhou...

Major Suppliers  Updated at: 2025/05/07

EUR 499.9 million, while its Metal Forming and Assembly Technology business unit generated sales of EUR 266.4 million in 2024, a decrease of 6.4. In contrast, the E-Mobility business unit’s sales more than doubled at EUR 102.5 million, or an increase of 112.2%. This was driven by the large series production order placed by a global battery manufacturer. Divestitures Sold Heat and Noise Shielding sites in Switzerland, and USA to CERTINA-The Comp...

Major Suppliers  Updated at: 2025/05/06

ish the Base” program by another EUR 75 million in savings by 2026 in response to the market uncertainties in 2025, particularly in the automotive sector. The extended program focuses on overhead, corporate, and manufacturing structures. Additionally, it will affect additionally more than 500 non-production employees, of which around one-third of functions will be relocated to lower-cost countries. It is expected to deliver total savings of EUR...

Major Suppliers  Updated at: 2025/05/01