l 23, 2013) Inalfa Roof Systems Group B.V. held an opening ceremony for its new North American Technology Center in Auburn Hills, Michigan, USA. Technical Center project represents an investment of over USD 4 million. The NA Technology Center will provide engineering services for all North American customers including Ford, GM, Chrysler, BMW, and Nissan. (From a press release on October 2, 2013) Inalfa Roof Systems Group B.V. announced that it ha...

Major Suppliers  Updated at: 2025/08/01

Company, Baotou Bei Ben Heavy Duty Truck Company, Beiqi Foton Motor Company and from two engine plants within China National Heavy Duty Truck Group. WABCO in China also received a "Supplier Excellence" award from Dongfeng Liuzhou Motor Company in addition to a "Quality Contribution" award from this customer. Additionally, WABCO received a "Quality Excellence" award by FAW Jiefang Automotive Company, a "Development Contribution" award by Baotou Be...

Major Suppliers  Updated at: 2025/08/01

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: 2025/07/31

s of lighting technologies which includes design lighting and lighting for driver assistance systems Lifecycle Solutions Develops and manufactures solutions extending the vehicle lifecycle, special original equipment, spare components, and workshop equipment   -The Company’s four largest customers, consisting of VW, Stellantis, Ford, and Mercedes-Benz, comprised 45.4% of its net sales in the fiscal year ended December 31, 2024, compare...

Major Suppliers  Updated at: 2025/07/29

ed a plan to set up technical centers in the U.S. and Europe by 2023, investing KRW 120 billion. The new tech centers will provide comprehensive technical solutions such as product development, quality improvement, and productivity improvement to those who purchase its petrochemical products to its customers and partners. The South Korean company will build the US tech center in Ohio and the European tech center in Frankfurt. The company currentl...

Major Suppliers  Updated at: 2025/07/29

Ds), independent rear-wheel steering systems, and next-generation active road noise cancellation (ARNC) technology. The company plans to invite 80 clients, including Geely Automobile, Volkswagen (VW), and Stellantis, in advance to meet and have a business talk at a booth exclusive to those invited customers. Paris,France Oct. 2024 Hyundai Mobis Ltd. announced that it would debut at the Paris Motor Show 2024 held on October 14 to 20. At this ...

Major Suppliers  Updated at: 2025/07/29

hree strategic pillars as guidance through the evolution of mobility. The strategic pillars are the enhancement of the Company’s technological leadership, the diversification of its global presence, specifically in relation to its position in North America and Asia, and the diversification of its customer portfolio, specifically with new entrants in the mobility ecosystem. Examples of the Company following its strategy  include the following: ...

Major Suppliers  Updated at: 2025/07/29

people. The goal is to make the entire business unit competitive in the long term and to secure the future of the German sites, including Lockweiler. Meanwhile, the company will increase capacities at its more cost-competitive locations outside Germany, maintaining nearness to its key suppliers and customers.The new setup of the project business is expected to be gradually implemented by the end of the 2024/25 financial year. (From a press releas...

Major Suppliers  Updated at: 2025/07/29

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: 2025/07/29

at “after a strategic decision, it will maintain its operations in Brazil 'through' its two Cravinhos plants. Kostal produces electromechanical and electronic components in the country for automobiles and motorcycles. The Manaus unit served the two-wheel sector and would have Honda as its largest customer. (From multiple sources on June 10, 2020) Kostal agreed to maintain its operations at the Sao Bernardo do Campo, Brazil plant until at least ...

Major Suppliers  Updated at: 2025/07/29

ion as well as other applications. The transaction is expected to close May 30, 2019, following the completion of customary regulatory approvals. With this acquisition, TE further expands its portfolio of specialty relays and switches to support the needs of industrial and commercial transportation customers - truck, bus, construction and other specialized vehicle manufacturers. Headquartered in Wildberg, Germany, Kissling is a privately owned co...

Major Suppliers  Updated at: 2025/07/29

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 mix. 2) Operating Income-For the fiscal year ended December 31, 2024, the Company’s operating income increased by 41.9% over the...

Major Suppliers  Updated at: 2025/07/29

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: 2025/07/29

onn Chassis Modules GmbH supplies global premium and volume manufacturers and is represented at 25 locations worldwide, employing approximately 3,800 people. The division's 2023 sales amounted to approximately EUR 4.3 billion. Through the JV, the Company secures resources for profitable growth, new customer access, and additional development fields beyond the growing core market of axle system assembly. For Foxconn, the joint venture opens new pe...

Major Suppliers  Updated at: 2025/07/29

a slight increase of 0.2% from the previous year. The growth was driven by numerous production launches in Europe for European automakers. In China, the division’s performance was fueled by recent production start-ups in electrification for a North American automaker (with start-ups for the same customer also boosting business in North America) and several Chinese automakers. Restructuring Cost reduction measures and organizational restructur...

Major Suppliers  Updated at: 2025/07/29

ess release dated September 26, 2024)Elektrobit appoints JOTACTIC as its distributor in Taiwan-Elektrobit has selected JOTACTIC as its agent in Taiwan to address the growing demand for its software and services. JOTACTIC will resell Elektrobit's AUTOSAR software products and provide engineering and customer support services. This will provide fundamental in-market support for automakers' new electric and autonomous vehicles. Elektrobit has create...

Major Suppliers  Updated at: 2025/07/29

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: 2025/07/29

of tires and rubber products. -The Company manufactures and sells tires under the Goodyear, Cooper, Dunlop, Kelly, Debica, Sava, Fulda, Mastercraft, Roadmaster, Mickey Thompson, Avon, and Remington brands, and various other Company-owned house brands, as well as the private-label brands of certain customers. -The Company has three operating segments representing its regional tire businesses: Americas: Europe, Middle East, and Africa (EMEA); and ...

Major Suppliers  Updated at: 2025/07/28

ge effects. However, this increase was partially offset by global declines in the automotive market, particularly in Europe and North America, lower volumes on programs the Company has significant business in, lower production on certain programs that are concluding, and lower sales related to 2023 customer cost recoveries. Recent Developments Gigacasting plant in Welland, Ontario facing delays-During its Q3 earnings call, the Company announced i...

Major Suppliers  Updated at: 2025/07/28

assembly, testing and packaging of its products, while performing quality assurance and configuration on incoming semiconductors itself. The Company has recently expanded its supplier relationships to improve redundancy and resilience in its long-term manufacturing strategy and better align it with customer demand. Competitors-Alibaba-Alphabet-Amazon-Ambarella-AMD-Baidu-Broadcom-Huawei-Intel-Microsoft-Qualcomm-Renesas-Samsung-Tesla -The Company...

Major Suppliers  Updated at: 2025/07/28