o expand its existing plant. (From a press release, August 13, 2013) The ILJIN Group is supplying ball joints for Chrysler's Jeep Cherokee SUV. The company provided ball joints for 240,000 Jeep Cherokees during 2013, which added approximately KRW 3.4 billion to the Group's sales. ILJIN has also won contracts to supply ball joints to the Chinese facilities of Fiat and Chrysler, starting by 2016. (From a press release on December 31, 2013) The auto...

Major Suppliers  Updated at: 2025/09/30

Power Switch Module Sustainable Seat Solution-Sustainable Materials Financial overview  (in KRW millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of Change(%) Sales 12,746,390 11,693,980 9.00 Operating income 78,662 116,988 (32.8) Net income 23,086 96,745 (76.1) Contracts Hyundai Transys to supply electric vehicle drive systems to Ceer, Saudi Arabia‐On June 11, Ceer, Saudi Arabia’s first electric vehicle (...

Major Suppliers  Updated at: 2025/09/30

ovation for the components for EVs that the Daimler Group and Ford are planning to produce from 2020 to 2027. The supply is scheduled to begin in the latter half of 2020. The total amount of orders confirmed today has reached USD 400 million (JPY 42.4 billion). The company expects to win additional contracts of more than USD 300 million (JPY 31.8 billion). (From various releases on August 10, 2020) On July 30, SK innovation announced that it will...

Major Suppliers  Updated at: 2025/09/30

der liners/sintered parts 40.0 Federal-Mogul TPR (India) Ltd. Bangalore,India Piston rings 40.0 China United Piston Ring Co., Ltd. Hebei Province,China Piston rings 35.0 Federal-Mogul (Anqing) Powder Metallurgy Co., Ltd. Anhui Province, China Sintered parts 20.0   Major Joint Venture Contracts (As of Mar. 31, 2025) Contracted with Country Joint-venture Company Details Contract StartDate Federal-Mogul (T&N) Hong Kong Ltd. C...

Major Suppliers  Updated at: 2025/09/30

made up of two co-located plants within its 96,640 square meters footprint. Recent Developments -In 2024, the Company’s GKN Powder Metallurgy division progressed in developing low heavy rare earth and rare earth-free magnets for EV motors, with a new production line expected to launch in H2/2025. Contracts GKN Automotive division-In the fiscal year ended December 31, 2024, the Company's GKN Automotive division won new contracts worth more than ...

Major Suppliers  Updated at: 2025/09/26

for connected vehicles. (From an announcement by the company on September 7, 2016) Samsung SDI Co. Ltd. will acquire the entire battery pack business from Magna Steyr, an Austria-based operating unit of Magna International, including all 264 employees, production and development sites and existing contracts of the business. The acquisition is expected to enhance Samsung SDI's capabilities in batteries for electric vehicles. The transaction is ex...

Major Suppliers  Updated at: 2025/09/25

operative in March 2012. Under the initial plans, the start of production was scheduled for the middle of 2009, however, it was suspended due to the economic downturn since last fall and the production cuts by its customers. The Company has now decided to go ahead with its original plan as the new contracts in Thailand has been on steady track to recovery and its existing facility, by itself, cannot support future business expansion, space-wise....

Major Suppliers  Updated at: 2025/09/25

. The Japanese brake supplier will establish supply capacity at its existing production facilities in Japan, the U.S., China and Southeast Asia starting in 2013 with a bid to raise sales share for global platform vehicles to 20 percent of its consolidated sales in 2020. Akebono has been awarded the contracts from Japanese and European automakers for brake systems used in their global platform models that are slated to be built and sold in Japan, ...

Major Suppliers  Updated at: 2025/09/25

Nikkan Jidosha Shimbun on Jan. 15, 2009) To cope with declining demand for automatic transmissions, JATCO Ltd. will review the number of its production workers. It is slashing about 300 current contract-based employees entirely by the end of fiscal 2008 to curtail labor costs by discontinuing their contracts as they expire. The transmission supplier will also trim by some 20 percent the original capital investment plan of about 30 billion yen for...

Major Suppliers  Updated at: 2025/09/25

ion, the PHC’s structure also offers good thermal insulation and sound insulation properties, thus increasing interior comfort. In 2022, the Company localized this technology in the U.S. and developed a multi-panel hardtop roof system for the Ford Bronco. (From a press release on August 27, 2024) Contracts Roof sensor module and 800-volt heater for Lotus Emeya-The Company announced that the new, all-electric Lotus Emeya is equipped with its ret...

Major Suppliers  Updated at: 2025/09/22

ms for commercial vehicles, and high-content mirrors for motorcycles Increasing focus on new technologies such as advanced surface lighting, logo lamps, and side turn indicators Implementing initiatives for increased backwards integration, including the localization of actuators and electronics   Contracts -Contracts that the Company secured during the fiscal year ended March 31, 2025 include the following: Camera Monitoring System for a flags...

Major Suppliers  Updated at: 2025/09/22

ropean operations, China operations touching pre-COVID-19 levels Recticel divests Eurofoam joint venture and automotive interiors division Recticel to restructure operations in Rheinbreitbach, Germany Recticel subsidiary admits participation in cartel Recticel receives new automotive interior parts contracts Proseat to close Hulshout plant in Belgium Recticel N.V./S.A. will invest EUR 10 million in its insulation plant in Wevelgem (Belgium), ...

Major Suppliers  Updated at: 2025/09/19

m plant in Serbia PKC to consolidate wiring system businesses in Europe and South America PKC to close plant in Nogales, Mexico PKC to restructure wiring systems business in Europe and South America PKC to acquire rolling stock electrical distribution system business from Groclin Group PKC wins new contracts worth EUR 30 million PKC's Chinese joint venture starts operations PKC completes acquisition of Wiring & Controls business of Groclin ...

Major Suppliers  Updated at: 2025/09/18

quired 8.7% shares of Synergies Castings Limited, an aluminum wheel manufacturer based in India. Concurrently, Superior entered into an agreement to make additional equity investments in Synergies up to approximately 26% of Synergies' total equity by the end of 2010. The Indian company has existing contracts with Toyota, General Motors and Chrysler, among others. (From a press release on June 29, 2010) Superior Industries International, Inc. ann...

Major Suppliers  Updated at: 2025/09/12

’s Modules & Polymer Products division. The acquisition of Yachiyo Industry expands the Company’s portfolio to include products such as sunroof systems, fuel tanks, bumpers and rear slide windows. In October 2024, Yachiyo Industry changed its name to Motherson Yachiyo Automotive Systems Co., Ltd. Contracts Contracts awarded during fiscal year ended Mar. 31, 2025-During the fiscal year ended March 31, 2025, the Company secured numerous new ord...

Major Suppliers  Updated at: 2025/09/10

rategically located near the Company's customers. Mar. 1999 Group and Poliuretanos S. W., de C. V. announced the expansion of their Joint Venture with the addition of a third manufacturing facility in Mexico. Apr. 1999 Opened manufacturing facility in Sarnia, Ontario, Canada. Sep. 1999 Signed contracts with the Belgian Group, Recticel.Recticel will have a 51% stake in the manufacturing joint venture and the Company will have 49%. Feb. 20...

Major Suppliers  Updated at: 2025/09/05

switch products. Feb. 1992 Acquired TED, a manufacturer of electronic instrumentation components, modules and systems. Jan. 1994 Alphabet, Inc. and Alphastac, Inc. were merged into the Company. Nov. 1995 Acquired the business, machinery and equipment, intellectual property rights and purchase contracts of the actuator business of Kelsey-Hayes. Apr. 1996 Acquired approximately 45% of Berifors AB. Aug. 1997 Entered into two joint venture ...

Major Suppliers  Updated at: 2025/09/05

mpleted the sale of its entire stake of 55.8 million ordinary shares, or 5.58%, in Pirelli & C. S.p.A. The shares were sold to institutional investors at a price of EUR 5.07 per share, generating gross proceeds of approximately EUR 282.9 million. (From a Company press release dated October 2, 2024) Contracts Brakes for Acura ZDX Type S-The Company develops brakes for the all-electric Acura ZDX Type S, which delivers an estimated 500 horsepower. T...

Major Suppliers  Updated at: 2025/09/04

tery housing production facility in the Czech Republic and will continue to ramp up production in 2025. The Company originally had planned to invest a total of USD 200 million for the launch of the three production facilities, which were expected to generate annual revenue totaling USD 350 million. Contracts -In 2024, the Company won approximately new business comprised of USD 460 million in annual revenue. Approximately 80% of the new contracts ...

Major Suppliers  Updated at: 2025/09/03

ved in recapitalizing the newly formed company (NewCo) aimed at safeguarding the plant. Marelli will sell production assets to NewCo at a symbolic value. The plant will see an investment of EUR 17 million. Over the plan period, Marelli will also contribute around EUR 70 million to the plant through contracts negotiated with Tecnomeccanica, ensuring continued production at the plant.  (From MIMIT and FIOM-CGIL press releases on August 8, 2024) Ma...

Major Suppliers  Updated at: 2025/09/03