press release dated August 19, 2022) AB SKF (SKF) announced that it signed a three-year framework agreement for a strategic partnership with Wolong Electric Group Co., Ltd. (Wolong Electric). The companies will focus on intelligent and clean energy technologies as well as the transformation towards digitalization and low-carbonization. They already established a deep partnership in the industrial and transportation fields. SKF has been providing ...

Major Suppliers  Updated at: 2025/07/15

icle. It will support further development and integration of electrification, AD/ADAS technologies and software. Chassis Brakes International’s highly experienced global management team will help drive further operational excellence, including quality standards, operating tools and processes, and digitalization. At the same time, Hitachi Automotive Systems would be investing in a growth segment. The combined business would have strong growth po...

Major Suppliers  Updated at: 2025/07/14

al inflation rates between 2% and 3%. The Company also aims to achieve an overall EBIT margin from operations between 7% and 7.5%. In the Mobility business sector, it targets an average annual sales growth of 5%. -The Company’s general strategic focus is centered on the topics of electrification, digitalization, connectivity combined with the Internet of Things, artificial intelligence, and sustainability. For the Mobility business sector, the ...

Major Suppliers  Updated at: 2025/07/09

unced that at the 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023), it will showcase the combined technologies of Faurecia and HELLA, as well as the latest solutions in the following three areas: electrification and energy management, safety and automated driving, and digitalization and personalized experiences in sustainable cockpits. (From a press release dated February 28, 2023) Faurecia announced that it will at...

Major Suppliers  Updated at: 2025/07/02

’s product portfolio with the target to increase profits towards a double-digit margin by 2024/25. The new FCS business unit will bring together technology know-how, and years of experience from both FTS and Couplings to boost systems innovation within KA as the company focuses on electrification, digitalization, and sustainability. It will help the company achieve a targeted revenue of approximately EUR 400 million by 2025. The merger of FTS a...

Major Suppliers  Updated at: 2025/06/06

alent to Antolin. -The 4 key levers set to help the Company achieve these objectives are: Strengthening relationships with car manufacturers through innovation and a customer-centric culture. Developing operational and industrial excellence. Fast-tracking technological development, innovation, and digitalization. Team talent and engagement coupled with management leadership. -The Transformation Plan has been putting in place a new organizationa...

Major Suppliers  Updated at: 2025/06/05

effects, sales declined by 1%. This was mainly due to the weak truck market and lower demand across most of the division’s business units, including Sensors and Actuators, Air Management, Thermal management, and Bearings. In contrast, the division recorded slight growth in the Electrification and Digitalization product area, while solenoid valves remained largely stable and the Trade business unit achieved the highest sales in the Company's his...

Major Suppliers  Updated at: 2025/06/03

ng on utilizing opportunities for growth in the independent aftermarket segment. There are five key future trends that open up special opportunities for the Schaeffler Group - sustainability and climate change, new mobility and powertrain electrification, autonomous production, the data economy and digitalization, and demographic change. Based on these trends, Schaeffler has formulated five areas in which the company wants to further enhance its ...

Major Suppliers  Updated at: 2025/06/02

in filters. (From a press release dated April 9, 2020) MANN+HUMMEL announced that it will continue with its transformation strategy and continue to invest in restructuring, new strategic business fields, and research & development in the area of highly innovative filtration solutions as well as in digitalization. MANN+HUMMEL expects the financial year 2020 to be affected by the financial crisis precipitated by the COVID-19 coronavirus pandemic, ...

Major Suppliers  Updated at: 2025/06/02

o 1,100 positions in the offices and up to 1,200 in the plants). To support this simplification and competitiveness plan, Michelin will commit the capital expenditure needed to modernize its plant-based and office-based activities and to improve the quality of work life, with a focus on automation, digitalization, ergonomics and environmental excellence, etc.  To support the evolution of the corporate and administrative and manufacturing operati...

Major Suppliers  Updated at: 2025/05/27

ny boasts rich experience in areas such as battery banks and energy replenishment for battery swapping infrastructure. (From a CATL press release dated March 3, 2025) Baidu CATL signed a strategic cooperation agreement with Baidu in Ningde, Fujian. Focusing on driverless technology as well as digitalization and intelligentization, the two companies will jointly bolster the popularization and development of driverless mobility services and t...

Major Suppliers  Updated at: 2025/05/19

ness MAHLE presents new 48-volt battery for mild-hybrid vehicle Mahle transfers various expertise to fuel cell project Mahle develops new oil management module Automotive parts suppliers strengthen thermal management business Mahle and Aeristech present 20kW electric motor Mahle and SAP partner for digitalization Mahle to suspend all European plants Keihin signs MOU with MAHLE Behr on air conditioning business Mahle opens facility for battery p...

Major Suppliers  Updated at: 2025/05/15

expenses are invested in pre-development, basic research, software and tools to support future new business initiatives.-The Company aims to reduce its R&D ratio to below 10% by the end of 2025 to increase competitiveness worldwide and in Europe in the long term. Key measures for this are using AI, digitalization, standardization, and simplification of processes, as well as the relocation and consolidation of R&D activities in its global network....

Major Suppliers  Updated at: 2025/05/15

cluding the Greer pilot plant (South Carolina) for the Group's Industry 4.0 program. Its advanced research center for new energies, Δ-Deltatech will open in Brussels mid 2019. The building of a new development and testing center for fuel systems in Wuhan (China) will be completed in 2019. By 2020, digitalization and enlargement of the world R&D center for exterior body parts in Lyon will be finished. (From a press release on July 20, 2018) Plast...

Major Suppliers  Updated at: 2025/05/14

ers and three-wheelers). Google Cloud: Acceleration in AI with Google Cloud tools Applied Intuition: Partnership to provide digital twin technology for ADAS simulation Teledyne FLIR: Strategic collaboration on thermal imaging technology for automotive safety systems Dassault Systèmes: Boosting the digitalization of R&D and deployed Dassault Systèmes' 3DEXPERIENCE platform to optimize the development of new technologies MAHLE: Development of an ...

Major Suppliers  Updated at: 2025/05/12

ld a data network and digital infrastructure that connects companies, suppliers, and customers along the entire value chain to improve efficiency, transparency, and agility in business processes. This alliance is in line with Gestamp’s roadmap, focused on the development and implementation of its digitalization and ESG strategies to boost the circular economy and Industry 4.0. Catena-X’s technological architecture allows Gestamp to promote an...

Major Suppliers  Updated at: 2025/05/08

,400 of the planned indirect reductions were completed. -In addition, the Company continues to improve the efficiency of its value chain through the Autoliv Production System, which is based on lean manufacturing methodology to continuously increase output with fewer resources, along with increased digitalization and automation. Several hundred projects are either in implementation or under development. Contracts Product Customers Details Ai...

Major Suppliers  Updated at: 2025/05/07

otor and ZF. (From a press release dated February 9, 2023) ZF announced that it will participate in the Auto Shanghai 2023 event to be held from April 18 to 27. The company will exhibit products and technologies in the areas of electrification, autonomous, intelligentization, and safe mobility with digitalization and software as the core. (From a ZF press release dated April 14, 2023) ZF signed a strategic cooperation agreement with Foton Motor. ...

Major Suppliers  Updated at: 2025/05/07

izes, from 16 to 22 inches in rim diameter. It is compatible with a range of vehicles including the Kia Telluride, GMC Acadia, Jeep Grand Cherokee, Ford Explorer, Mercedes GLE, Honda CR-V, and Toyota Camry. (From a press release on August 20, 2024) Technological Alliance Partnership with LIST for digitalization and sustainability in tire industry-The Company and the Luxembourg Institute of Science and Technology (LIST) announced the start of a ...

Major Suppliers  Updated at: 2025/04/25

teler opens its first plant in Poland Benteler to sell Benteler Engineering to France-based Altran Benteler opens location in Coventry to support its customer Jaguar Land Rover BENTELER Automotive opens new plant in Brazil Benteler joins innovation platform STARTUP AUTOBAHN for future mobility and digitalization Benteler announces investment of EUR 200 million for its German sites Chassix to acquire BENTELER Automotive Farsund’s casting busin...

Major Suppliers  Updated at: 2025/04/25