Sales in the Vibracoustic Business Group for FY 2024 decreased by 1.6% from the previous year to EUR 2,634.7 million. This decrease was due to a global decline in vehicle production, delay in the transformation to BEVs, more intense competition, market share losses of Western OEMs, and supply chain disruptions. Adjusted for inflation, sales of passenger car solutions, particularly air springs in North America, grew, while commercial vehicle solut...

Major Suppliers  Updated at: 2025/06/03

over as a new mobility concept for urban spaces. At its urban mobility research hub in Singapore, the company is engaged in development and testing of advanced mobility solutions and software in partnership with start-ups. “Strategic partnerships and co-creation are key for success in this era of disruption and transformation in the mobility sector. (From a press release on October 24, 2019) Schaeffler informed that its joint venture company Sc...

Major Suppliers  Updated at: 2025/06/02

onsiderable progress in cost reduction, this was not enough to fully offset the impact of weaker sales and the additional costs from structural measures announced during the year. Outlook -The Company foresees high uncertainties during the fiscal year ending December 31, 2025, due to global trade disruptions, such as tariff barriers and geopolitical tension. Despite these challenges, the Company expects its sales to increase between 1% to 3%, f...

Major Suppliers  Updated at: 2025/05/29

d industrial markets. As part of the modernization, Benteler extended the push bench - the core of the hot rolling mill - and fitted it with new drives. It increased the average shift output by 5%. The extensive modernization was carried out during the 2019/2020 winter shutdown in order to minimize disruption to ongoing production. (From a press release on September 8, 2020) Benteler announced that it is cooperating with Fraunhofer IEM, within it...

Major Suppliers  Updated at: 2025/04/25

on area. (From a press release dated March 8, 2022)  Continental announced that in the event the geopolitical situation, in particular in Eastern Europe, remains tense or even worsens, it can result in lasting consequences for production, supply chains, and demand. Depending on the severity of the disruption, this may result in lower sales and earnings in all group sectors as well as for the Continental Group compared to the prior year. Not incl...

Major Suppliers  Updated at: 2025/04/22

ia to consider leaving the country. While the operations of automotive plants in Russia have been affected by the economic sanctions, the plants of Bridgestone Corporation and Yokohama Rubber Co., Ltd. were operating normally on March 8. However, if the supply of raw materials is stopped due to the disruption of transportation, there will be inevitable negative impacts on their tire production. Toyota Motor Corporation suspended operations at its...

Major Suppliers  Updated at: 2025/04/18

though the semiconductor supply is expected to improve in the second half of 2022, the ongoing Covid-19 pandemic, general supply bottlenecks, and rising inflation make an outlook for the current year more difficult. The war in Ukraine and its negative global impact exacerbates this situation. The disruption of supply chains of both passenger car and commercial vehicle manufacturers has already caused the first production halts. Although ZF is n...

Major Suppliers  Updated at: 2025/04/11

apt to rapidly changing demand levels of its key customers due to COVID-19 (coronavirus) control efforts. Dana’s actions include additional employee safety measures, adjusting production schedules, idling certain manufacturing facilities, and managing controllable costs. Due to this unprecedented disruption in mobility markets and associated economic uncertainty, the company believes it is prudent to withdraw its most recent full-year financial...

Major Suppliers  Updated at: 2025/04/02

Chakan (Pune, Maharashtra), Sanand (Gujarat) and Hosur (Tamil Nadu) will resume operations gradually based on customer demand after following all requisite guidelines to adhere to the national directives for coronavirus management. It is too early to envisage the financial impact of this temporary disruption of manufacturing operations at all Plants of the Company. Its impact will be ascertained in due course based on the culmination of this pan...

Major Suppliers  Updated at: 2025/01/16

ia to consider leaving the country. While the operations of automotive plants in Russia have been affected by the economic sanctions, the plants of Bridgestone Corporation and Yokohama Rubber Co., Ltd. were operating normally on March 8. However, if the supply of raw materials is stopped due to the disruption of transportation, there will be inevitable negative impacts on their tire production. Toyota Motor Corporation suspended operations at its...

Major Suppliers  Updated at: 2024/12/24

isting stock, but it is possible that our production will start to become affected”. Clarion and Panasonic say it is unlikely that the disaster will have an impact on their domestic operations, but they are currently examining the supply conditions of components used in their products. Meanwhile, disruption is imminent at some companies including Renesas Electronics. Yasushi Akao, president of the semiconductor supplier says, “We are asked by...

Major Suppliers  Updated at: 2024/12/24

cycling Johnson Matthey joins UN Global Compact Johnson Matthey stops all new commercial activities in Russia and Belarus  Johnson Matthey to invest EUR 50 million at Gliwice, Poland plant Johnson Matthey receives GBP 400 million financing for hydrogen projects Johnson Matthey expects supply chain disruption due to Russia-Ukraine war Schaeffler, Bekaert, Johnson Matthey, and TNO work on PEM technology development Johnson Matthey sells part of ...

Major Suppliers  Updated at: 2024/11/08

ties across the plants located in Italy, France and Spain. Limited production will continue in certain sites in order to fulfill aftermarket needs. It is aligned with governmental measures currently adopted in the countries where production sites are located. It also takes into account supply chain disruption and significant market decline. Measures will be implemented at local level in coordination with social partners. The Group is continuously...

Major Suppliers  Updated at: 2024/10/28

isting stock, but it is possible that our production will start to become affected”. Clarion and Panasonic say it is unlikely that the disaster will have an impact on their domestic operations, but they are currently examining the supply conditions of components used in their products. Meanwhile, disruption is imminent at some companies including Renesas Electronics. Yasushi Akao, president of the semiconductor supplier says, “We are asked by...

Major Suppliers  Updated at: 2024/09/27

h 11, the parts supplier resumed production at all production lines except the one hit by the accident. Some parts of the factory building, such as an outside wall, roof, and floor surface, were damaged by the accident, and Chuo Spring will continue to step up efforts to repair the building. Supply disruption of Chuo Spring’s parts affected the production of vehicles by OEMS including Toyota Motor Corporation, Daihatsu Motor Co., Ltd., and Suzu...

Major Suppliers  Updated at: 2024/09/11

ngs will be provided starting in September to hand down to younger generations special techniques in possession of the company's skilled mechanics. This program is aimed at carrying over techniques and know-how on production, quality control and kaizen activities accumulated in the company to avoid disruption due to the retirement of the baby-boom generation. The training center will be located in the former Kasadera plant of Nagoya Works. By bui...

Major Suppliers  Updated at: 2024/09/11

isting stock, but it is possible that our production will start to become affected”. Clarion and Panasonic say it is unlikely that the disaster will have an impact on their domestic operations, but they are currently examining the supply conditions of components used in their products. Meanwhile, disruption is imminent at some companies including Renesas Electronics. Yasushi Akao, president of the semiconductor supplier says, “We are asked by...

Major Suppliers  Updated at: 2024/09/09

td. (Imasen Electric) will switch the production of core parts used for seat adjusters for markets outside Japan to local production. The risk of a system that exports all of the products from Japan is increasing due to intensifying price competition in China and other countries, in addition to the disruption of sea transportation due to a shortage of containers. The company will produce core parts locally to reduce costs and ensure a stable supp...

Major Suppliers  Updated at: 2024/08/29

l also install a new baghouse – state-of-the-art dust and gas collector for reducing air emissions. (From a press release dated July 28, 2022) Norsk Hydro ASA (Hydro) announced that its part-owned primary aluminum plant, Albras, in Brazil is restarting the production line that experienced a power disruption failure on February 19, 2022. The Albras plant was operating at 25% reduced capacity following a power distribution failure within one potl...

Major Suppliers  Updated at: 2024/07/19

ia to consider leaving the country. While the operations of automotive plants in Russia have been affected by the economic sanctions, the plants of Bridgestone Corporation and Yokohama Rubber Co., Ltd. were operating normally on March 8. However, if the supply of raw materials is stopped due to the disruption of transportation, there will be inevitable negative impacts on their tire production. Toyota Motor Corporation suspended operations at its...

Major Suppliers  Updated at: 2024/07/11