and other elements to output an overall kg of CO2 emission. The app lets the user select alternate inputs to check if it can reduce the carbon footprint. By identifying the high contributors of the product’s carbon footprint and the alternate options, the company is able to start discussions with customers for CO2 reduction and make more environmentally responsible sourcing decisions. One of the major aspects for increased visibility and ensure...

Major Suppliers  Updated at: 2025/06/17

Recognition Award recipients, including:・ AAPICO Amata Co., Ltd. received recognition for its axle-housing cost-reduction initiative. ・ Gibbs Die Casting Corporation received recognition for its three-piece torque tube technology.・ NTN Bearing Corporation received recognition for its overall customer satisfaction.(From a press release on June 20, 2013) Continental AG and Schaeffler AG announced that twelve of the companies were newly appoi...

Major Suppliers  Updated at: 2025/06/11

EUR 0.3 million. This decrease was mainly due to the declining sales in the commercial vehicles market in Europe. Restructuring Cost adjustment initiatives-The Company announced new cost adjustment initiatives to further streamline operations and reduce overhead costs in response to lower near-term customer demand. The measures include a reduction of the global workforce by approximately 150 positions. The Company targets overhead cost reduction...

Major Suppliers  Updated at: 2025/06/06

g to improved energy efficiency and driving range. This collaboration will enable the development and validation of the technology under real automotive use conditions. The final goal is to offer auto manufacturers and end users new surfaces that are customizable, smart, and green while reinforcing customers’ branding. (From a press release dated October 23, 2024) Partnership with VIA optronics on OLED Center Information Display-VIA optronics a...

Major Suppliers  Updated at: 2025/06/05

industry, negative exchange rate effects, a sharp downturn in the automotive industry since the 3rd quarter of 2024 resulting in OEMs and suppliers implementing plans for massive restructuring measures, as well as large discrepancies between order backlog and delivery call-offs due to unpredictable customer order behavior.3) Vibracoustic-Sales in the Vibracoustic Business Group for FY 2024 decreased by 1.6% from the previous year to EUR 2,634.7 ...

Major Suppliers  Updated at: 2025/06/03

at will employ up to 360 highly skilled workers. It will support and enable the Group’s existing operations in Europe and across the globe. BSC will bring a wide range of services, including IT, finance, sales, HR, and logistics, under one roof. It will enable the core business to purely focus on customer-centric functions. BSC is considered a flagship project that is to maximize the efficiency of business processes within the Group. (From a pr...

Major Suppliers  Updated at: 2025/06/03

s two factories of the Chinese joint venture KSHP in Shanghai and Chongqing. Comitans will operate the small-bore pistons division as an independent, autonomous company with its organization with the “Kolbenschmidt Pistons” brand. (From a press release dated April 16, 2024) Contracts Product Customer Detail Electric vapor pumps Well-known German car manufacturer -The Company won a new order in low double-digit million-euro range for its ...

Major Suppliers  Updated at: 2025/06/03

on combined with Vitesco’s Powertrain Solutions Division, excluding Vitesco’s aftermarket activities. The Vehicle Lifetime Solutions division adds Vitesco’s aftermarket activities in the Powertrain Solutions Division to the Company’s existing aftermarket activities and is organized based on customer groups. The Bearings & Industrial Solutions division also has reorganized its business divisions based on products instead of by region. Fina...

Major Suppliers  Updated at: 2025/06/02

tting, and regulating especially needed to address the complex glycol thermal management needs of fully electrified or hybrid vehicles. This eCoFlow Switch Pump offers automakers efficiency improvements, part consolidation, electrical wire harness reduction and reduced packaging space, and provides customers with options to potentially reduce battery cell needs for their target vehicle range. It enhances the thermal management system's efficienci...

Major Suppliers  Updated at: 2025/06/02

Beijing (China) as well as in Queretaro (Mexico) and acquired a new production site in New Boston/Detroit (USA). (From a press release on June 21, 2013) Brose Fahrzeugteile GmbH & Co. KG announced that its hands-free liftgate drive received BMW's "Supplier Innovation Award" in the category "highest customer benefit." The drive also won the "Pace Award" of North America's automotive industry. This product will be fitted in 14 different vehicle mod...

Major Suppliers  Updated at: 2025/06/02

oduct lines and offers cost advantages through increased efficiency. The PVS also integrates automated life cycle assessments and assigns CO₂ footprints to individual product variants. Digital solutions enhance the PVS by applying machine learning for optimized element designs, thereby optimizing customer-specific development of new filter solutions. Product Development Filtration solution for passenger car air suspension-The Company developed ...

Major Suppliers  Updated at: 2025/06/02

les-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. Although sales increased in China, Portugal, and Malaysia, these gains were insufficient to offset the signific...

Major Suppliers  Updated at: 2025/05/30

n California, the U.S., in 2025. The new pump will allow CVs to be refueled with enough hydrogen for 1,000 km of driving in only 10 minutes. (From a press release dated September 16, 2024) VinFast EV charging infrastructure across Europe -The Company partnered with VinFast Auto to enable VinFast customers in Europe to access the Company's network of 700,000 charging points across 30 European countries. The partnership will provide VinFast cust...

Major Suppliers  Updated at: 2025/05/29

Company’s capacity assurance for energy efficient SiC power semiconductors. The development partnership with Rohm for chips made of SiC, which started in 2020, created the basis for this signed supply partnership. The Company’s inverters with integrated Rohm’s SiC chips will be adopted by two customers, to be applied inside EV powertrains. The first series production of the SiC power electronics is set to be started in 2024. These chips sup...

Major Suppliers  Updated at: 2025/05/29

stop manufacturing around 12,000 sqm of cable, and 3 shifts in a cable manufacturing workshop to stop producing around 33 tons of metal wire. These deactivations will be distributed in February 2024 and will affect around 699 people. (From multiple sources on January 26, 2024) Contracts Product Customers Details K1 MICHELIN Pilot Sport Cup 2 R tire Ferrari F80 -The Company has developed K1 MICHELIN Pilot Sport Cup 2 R tire as original equi...

Major Suppliers  Updated at: 2025/05/27

the Middle East and Africa (EMEA), and Asia Pacific.-On April 15, 2025, the Company was acquired by ABC Technologies Inc. (ABC) for an enterprise value of over GBP 1.8 billion. The combined business will be rebranded as TI Automotive. The business is ideally positioned to support a diverse range of customers with its propulsion agnostic portfolio. It will have a combined revenue of USD 5.4 billion and 34,600 employees in 26 countries. TI Automoti...

Major Suppliers  Updated at: 2025/05/23

decided on dissolution at their board of directors meeting in February this year. (From an article in the Nikkan Jidosha Shimbun on December. 25, 2009) Daido Metal Co., Ld. said on September 27 it will set up a subsidiary in Mexico to produce bearings for automobile engines in a bid to comply with customer needs and respond to growing demand in the North American region. A new company tentatively called Daido Metal Mexico S.A. de C.V. will be es...

Major Suppliers  Updated at: 2025/05/20

of a battery swapping ecosystem, CATL developed 10 battery-swappable models with Changan Auto, GAC Group, BAIC Group, Wuling Motors, and FAW Group for launch at the end of 2024. Concurrently, the company optimized vehicle buying and selling processes with top players in several industries to offer customers flexible battery swapping solutions. Announced at the conference were rents for swappable lithium-iron phosphate battery packs. Also signed ...

Major Suppliers  Updated at: 2025/05/19

7 Signed a Memorandum of Understanding with Siemens Aktiengesellschaft, Automotive Systems Group to form a global strategic alliance for the worldwide research, development, engineering, assembly and marketing of motor vehicle occupant safety restraint systems. This strategic partnership will offer customers the Company's occupant safety system technologies and components combined with Siemens Automotive's advanced sensors and occupant safety ele...

Major Suppliers  Updated at: 2025/05/17

on engines. The Company will continue to develop and provide new components and technologies to enhance the efficiency of combustion engines, including those that can run on e-fuels or other sustainable fuels. It will look to optimize its cost structures and continue its existing relationships with customers in the field. -For the fiscal year ended December 31, 2024, the Company was organized into five business units, three profit centers, and c...

Major Suppliers  Updated at: 2025/05/15