unched on the stock exchange. 1986 LuK took over AFT in Werdohl. (today called AFT Atlas Fahrzengtechnik) 1987 LuK took over Repco S.A. (today called LuK Africa)LuK took over Laycock in England. (today called LuK UK) 1990 INA's R&D center in Herzogenaurach opened.LuK took over TCM Ltd. in Hereford, England. (today called Hereford Ltd.) 1991 Joint-venture between LuK and Barmag. (the future BarLuK)LuK took over the automotive hydraulics di...

Major Suppliers  Updated at: 2025/05/08

creased by 3.4% year-over-year to USD 771.3 million. Restructuring -The Company revealed the relocation of the steering columns business from its US site in Saginaw, Michigan to its Mexico site in Juarez remains on schedule, with completion now expected by 2025, earlier than initially planned. This transition is expected to improve profit margins via larger scale and more competitive production and supply chain costs. Recently development Holding...

Major Suppliers  Updated at: 2025/05/08

arding the PERTE for the development of the Electric and Connected Vehicle (PERTE VEC) that represents a boost for the Spanish automotive industry to develop impact projects that promote the electric vehicle. Gestamp continues to focus on the development of projects that help its clients accelerate transition such as battery box and extreme-size parts. Gestamp provides solutions that make mobility cleaner and safer by adding new products to its p...

Major Suppliers  Updated at: 2025/05/08

lopment team with leading Machine Learning and Artificial Intelligence capability for driving and sensing features. (From press releases dated July 8, 2024)Sale of Ferentino, Italy site for e-minibus production to ICAP Group-The Company announced that ICAP Group would take over Ferentino Automotive Transition Srl, the Company owning the Ferentino site. Both companies signed a closing agreement for it. ICAP Group’s subsidiary Tecnobus, an Italia...

Major Suppliers  Updated at: 2025/05/07

main focus of this system is safety in respect to Forward Collision Warning, which alarms a driver to an imminent collision with the vehicles in front as well as in the case of a Lane Departure. Other features available on this system are: Automatic High Beam Switching, with a smooth high/low beam transition, allowing for increased night time driving safety. Traffic Sign Recognition, providing the driver with information about speed sign zones. ...

Major Suppliers  Updated at: 2025/05/07

agang base ZF completes production start-up of 800V electric drive axles in Hangzhou ZF TRW's latest crash sled now operational in China ZF TRW to open two new plants in Zhangjiagang, Jiangsu ZF TRW Automotive to invest additional USD 30 million in Wuhan Plant ZF's axles adopted for Wuhan Bus Rapid Transit ZF invests EUR 50 million to expand engineering center in Shanghai ZF transmission and rear axle systems supplied to Chinese Foton ZF to offer...

Major Suppliers  Updated at: 2025/05/07

08) ElringKlinger AG acquires SEVEX AG, Sevelen, a Swiss manufacturer of thermal and acoustic shielding systems. The agreement was finalized and signed on March 31, 2008. In addition to acquiring the Swiss parent company, ElringKlinger takes over the US-based subsidiary SEVEX North America, Inc., Buford, as well as SEVEX Asia, headquartered in Suzhou, China. Both parties have agreed not to disclose details of the purchase price. The closing of th...

Major Suppliers  Updated at: 2025/05/06

DAS features in India on the Mahindra XUV7OO in 2021.(From a press release dated January 9, 2024)   Contracts Mobileye Drive platform for Deutsche Bahn (DB)’s KIRA project-The Company announced that Deutsche Bahn (DB)’s KIRA project has chosen the Mobileye Drive platform for testing public transit in Germany. KIRA is the first project in Germany to test autonomous vehicles for public transport at Level 4. Mobileye’s autonomous vehicle ...

Major Suppliers  Updated at: 2025/04/26

mber 19, 2024)Dual Clutch Transmission Eco for European OEM-The Company was awarded its first high-volume contract for its Dual Clutch Transmission Eco (DCT Eco) solution, serving a European OEM. The DCT Eco supports various global vehicle models with ICE transmissions. It enables a seamless hybrid transition on the same vehicle platform with minor changes. Its efficient and compact design with an optimized torque-to-weight ratio reduces CO2 emis...

Major Suppliers  Updated at: 2025/04/25

nd North American markets. -The Module business had total sales of EUR 2,814 million in 2024, or a decrease of 3.4% from 2023. The reduction in sales from the previous year was primarily due to lower call-offs by our customers in almost all markets, in particular from our core customers Volkswagen, Ford, Daimler and BMW. The ramp-up and start of production at our new plant in Bratislava, Slovakia partly compensated for the lower volumes. -The Com...

Major Suppliers  Updated at: 2025/04/25

hemistries across multiple battery suppliers. Sensata’s acquisition of Spear Power Systems advances its electrification portfolio and strategy, expanding upon its earlier acquisition of Lithium Balance in battery management systems. The acquisition will enable Sensata to help its customers in the transition from combustion to electrified applications across a variety of automotive markets. The acquisition is expected to be completed during the ...

Major Suppliers  Updated at: 2025/04/23

Eaton Corporation plc USA Craig Arnold (Chairman and CEO) -The Company is a diversified power management company. The Company’s solutions assist in the global energy transition from fossil fuels to renewable energy, as it focuses on electrification, invests in electric vehicles and utilizes digital technologies for power management. The Company provides solutions for the mobility, data center, utility, industrial, commercial, machine building, ...

Major Suppliers  Updated at: 2025/04/23

lp optimize alternator, further optimizing the electrical/electronic system. (From a press release on June 11, 2007) Delphi Corp. announced on June 22, 2007 that it reached a tentative agreement and signed a Memorandum of Understanding with the UAW and General Motors covering site plans, workforce transition as well as other comprehensive transformational issues. The agreement is subject to union ratification and approval by the U.S. Bankruptcy ...

Major Suppliers  Updated at: 2025/04/23

se over the previous year's net income. Click here for details Multiple sources reported that Lear Corporation will apply an Employment Regulation File (ERE) to close its plant in Almussafes. It will impact 159 workers. It will close its plant in 2024 due to the end of production of the van Ford Transit Connect and the uncertainty of new models in the future.  (Based on multiple sources on December 11, 2023) The Federation of Metallurgical ...

Major Suppliers  Updated at: 2025/04/23

loud-based, IoT fleet solutions and GPS tracking. This follows the Company’s strategy to focus on its core strengths and streamline its business operations. Founded in 2001, Zonar is headquartered in Seattle, Washington and has pioneered smart mobility solutions across the vocational, pupil, mass transit, and commercial trucking industries. (From a press release dated December 3, 2024)Suspension of planned carve-out of User Experience business ...

Major Suppliers  Updated at: 2025/04/22

vanced braking and steering systems. The funds will enable the Company to invest a total of EUR 1.3 billion for the R&D of braking and steering system technologies, focusing specifically on by-wire technology, including steer-by-wire systems. The loan will help the Company remain competitive in the transition to software-defined vehicles. The project will contribute to more efficient and sustainable mobility in Europe, with 30% of the planned inv...

Major Suppliers  Updated at: 2025/04/11

way end markets, a measured and more moderate approach to the EV market, and the streamlining of the Company’s cost structure. The strategy will result in measures such as more disciplined investments, and is expected to yield approximately USD 300 million in annual savings. The Company will also transition into a two-segment business structure, integrating the Power Technologies segment into one of the other operating segments.-Since 2014, the...

Major Suppliers  Updated at: 2025/04/02

ect partners Fermata Energy and Lion Electric a USD 3 million grant for an innovative V2G project. This initiative is set to bring grid-supporting and cost-saving V2G solutions for services provided by American Transportation to California school districts, marking a significant step forward in the transition to electric school buses and utilizing excess power from solar and wind farms for use in the evening when demand is high. The grant, funded...

Major Suppliers  Updated at: 2025/04/02

e design of radiators. The Changchun facility has the capacity to produce 1.2 million brazed radiators, 250,000 mechanical radiators and 240,000 HVAC systems annually. FVCC serves a range of automakers such as FAW-Volkswagen, FAW Car, FAW Jiefang, FAW Xiali, FAW Haima, Shanghai Volkswagen, Chang'an Ford, Chery, Geely, and Great Wall. (From a press release on June 22, 2010) China's Yanfeng Visteon Automotive Electronics (YFVE) developed an instrum...

Major Suppliers  Updated at: 2025/03/27

e and systems engineering division of Sagem SA and the German automotive battery manufacturer Hoppecke Automotive GmbH & Co. KG. Oct. 2002 Acquired the automotive battery business of Varta Automotive Battery Division (Varta).  Varta is a major original equipment supplier to BMW, DaimlerChrysler, Ford, PSA and Volkswagen. 2003 Acquired Borg Instruments AG (Borg), an automotive electronics company with headquarters in Germany. Also acquired Va...

Major Suppliers  Updated at: 2025/03/11