xtension for its Fluoro-Comp and stainless-steel braided hoses from a global Tier 1 automotive supplier. The 5-year contract renewal is worth over EUR 56 million in estimated lifetime revenue. These hoses will be produced and supplied by KA’s Suffield, Grand River (USA), and Ramos Arizpe (Mexico) plants. They are critical for use in ICEs, HEVs, and EVs. (From a press release dated December 20, 2024) Air suspension lines One of largest global ...

Major Suppliers  Updated at: 2025/06/06

llar trim (North America) - Toyota Corolla License plate lamp (China)Headliner substrate and sunvisors (Europe and South America)Lighting console, door panels, center console, ambient lighting and multipurpose lamp (Europe)Package tray (South America) - Toyota RAV4 Lighting console (Europe) - Ford F-Series Modular headliner and lighting console - Honda CR-V Modular headliner (Thailand)Headliner substrate (India)Lighting console, and ambie...

Major Suppliers  Updated at: 2025/06/05

aditional cathode manufacturing processes. The pCAM was manufactured at Ascend Elements’ facility in Westborough, Massachusetts. The material was then sintered and finished as CAM at Ascend Elements’ location in Novi, Michigan, before being shipped to Freudenberg e-Power Systems’ XALT Energy plant in Midland, Michigan. (From a press release on June 19, 2024) XRANGE Battery Pack -The Freudenberg e-Power Systems Business Group has present...

Major Suppliers  Updated at: 2025/06/03

. The certificate confirms that KAE has effectively implemented Vehicle Cybersecurity Management System (V-CSMS) in accordance with the ISO/PAS 5112 and ISO/SAE 21434 guidelines. (From the company's social media updates on July 30, 2024) -KOSTAL Brazil has received the Q1 quality certification from Ford for the second time. The award was first presented to the plant in São Bernardo do Campo in 2018. The certification has now been extended to KOS...

Major Suppliers  Updated at: 2025/06/03

on of innovative DC link capacitors was completed in March 2024. The capacitors feature nano-layers made of plastic and aluminum, which will be manufactured on site in the future. (From a press release dated July 11, 2024) Investments outside Germany -The Company announced that it is building a new plant in Szeged, Hungary. This is its first large hybrid site, where the Group's civilian business and defense technology activities are combined unde...

Major Suppliers  Updated at: 2025/06/03

ring Restructuring of German locations under Bearings & Industrial Solutions division-The Company has recently announced structural measures affecting several European locations, primarily in the Bearings & Industrial Solutions division with the Schweinfurt and Homburg sites in Germany. The Homburg plant produces components for drive systems, guides, and mechatronic system solutions. The division’s main plant in Schweinfurt will absorb producti...

Major Suppliers  Updated at: 2025/06/02

are expected to account for approximately 45% of the Company's planned sales in 2025. -The CPV (contents per vehicle) for the top 10 platforms will be around USD 190. -8 out of 10 top platforms include multiple powertrain options (ICE, HEV, and BEV).   Sealing systems Fluid handling systems Ford F-150 〇 〇 Chevrolet Equinox 〇 〇 Chevrolet Silverado 〇 〇 Ford Explorer 〇 〇 Chevrolet Traverse 〇 〇 BMW X1 〇 〇 C...

Major Suppliers  Updated at: 2025/06/02

ith around 700 jobs eliminated at the Company's German locations. In addition, the Company is optimizing its global production network to improve cost competitiveness by using and reusing production facilities, scaling back automation, sourcing internationally, and planning to close non-competitive plants. (From a press release dated May 21, 2025) 700 jobs in Germany to be cut under global restructuring plan-The Company announced the decision to ...

Major Suppliers  Updated at: 2025/06/02

d the premium segment. The system removes potentially harmful particles and dries the air before it enters the suspension’s sensitive air chambers.Eco-friendly filters-In 2024, the Company developed 29 sustainable filters for the automotive sector. These filters will be partially impregnated with plant-based lignin instead of oil-based resin. The CO2 footprint of affected lignin impregnation was reduced by up to 5%, while the use of crude oil w...

Major Suppliers  Updated at: 2025/06/02

s certain, which is when the Company received first consideration of USD 72,000,000 on December 29, 2023, as stated in agreement. (From SET Announcement on January 2, 2024) Business partnership Collaboration with Changan to localize EV parts in Thailand-During the visit to the Company’s Ayutthaya plant on May 14, 2024, Changan Automobile Purchasing Center presented a letter of nomination and a car model to the Company’s president, symbolizing...

Major Suppliers  Updated at: 2025/05/30

at was insufficient to cover structural costs. Higher personnel expenses and price increases further impacted results, even though raw material costs declined. Other negative factors included increased distribution and administrative expenses, higher R&D costs, and greater depreciation of property, plant, and equipment. Although the company implemented additional adjustment measures, such as cost reductions and improvements in raw materials and e...

Major Suppliers  Updated at: 2025/05/29

oil company Total takes majority shareholding. 1978 Full control of Paulstra and merger with Hutchinson SA. 1991 Public exchange offering total over Hutchinson.Total take-over of Spontex and Pongs (Hutchinson Aachen) in Aix-la-Chapelle (Germany) 1993 Purchase of the glove business of Pirelli (plant in Bentong, Malaysia) and of Russells Rubber (Hutchinson Ltd) in the United-Kingdom and take-over of part of Bostik's activities. 1996 Acquisi...

Major Suppliers  Updated at: 2025/05/29

s a power source. (From a press release dated May 22, 2024) 400V motor stators and rotors -The Company won a new drive motor business order for 400V motor stators and rotors from a Chinese client, with the total lifecycle order value estimated at EUR 600 million and production expected at a Chinese plant in mid-2024. The 400V motor stators and rotors to be supplied adopt an 8-layer flat wire short-pitch winding design to enable a maximum motor ef...

Major Suppliers  Updated at: 2025/05/29

is notably exposed, and a shift in demand toward less premium vehicles. However, the percentage of 18-inch and larger tires in the sales mix continued to rise sharply, supported by a fast-growing market where the Company maintained its competitive positions. Restructuring To close CHOLET and VANNES plants in France by 2026-The Company announced its plan to close CHOLET and VANNES plants in France by 2026, affecting around 1,254 employees. The dec...

Major Suppliers  Updated at: 2025/05/27

) in Auburn Hills, Michigan. Apr. 2025 The Company was acquired by ABC Technologies Inc. for an enterprise value of over GBP 1.8 billion. TI Automotive develops plastic fuel tanks for hybrid vehicles TI Automotive to supply fuel tank system for Renault and Daimler TI Automotive opens two new plants in India TI Automotive opens new fuel tank systems plant in India TI Automotive opens new manufacturing plant in Czech Republic TI Automotive p...

Major Suppliers  Updated at: 2025/05/23

erformance Daido Metal Co., Ltd.'s third quarter results (cumulative) Daido Metal Co., Ltd.'s second quarter results (cumulative) Daido Metal Co., Ltd.'s first quarter results Manufacturing Facilities in Japan (Automotive bearing metal) Facility Location Main Products Inuyama Site Aichi Pref. Plant for Automobile Engine Bearings, Non-Automobile Bearings, Material of Bearings and R&D base Gifu Plant Gifu Pref. Plant for Automobile Bearings...

Major Suppliers  Updated at: 2025/05/20

se product lineup of chemical systems, including condensed batteries, ternary high nickel batteries, ternary high voltage medium nickel batteries, M3P batteries, lithium iron phosphate batteries, and sodium ion batteries. CATL's automotive clients include BMW, Mercedes-Benz, Stellantis, Volkswagen, Ford, Toyota, Hyundai, Honda, Volvo, SAIC, Geely, NIO, Li Auto, Yutong, and Xiaomi.   -In passenger cars, the Company's products can be applied to di...

Major Suppliers  Updated at: 2025/05/19

s new R&D center Takata facing tough negotiations on restructuring plan Takata prepares to apply for Civil Rehabilitation Law on June 26 Key Safety Systems establishes Takata Acquisition Management Committee KSS commences steering wheel production in India Key Safety Systems opens its sixth Mexican plant in Matamoros Key Safety Systems to acquire Takata assets for USD 1.588 billion KSS opens new technical center in Korea KSS wins Best Supplier Aw...

Major Suppliers  Updated at: 2025/05/17

tments-In response to the transformation in mobility, the shift away from the internal combustion engine, and the increasing competitive pressure, the Company relocated selected product groups from the Sempeter site in Slovenia to other European locations. It also adjusted capacities at the Hambach plant in France and the Zell site in Germany. Production in Gaildorf (Germany), Mattighofen (Austria), and Naucalpan (Mexico) has also been discontinu...

Major Suppliers  Updated at: 2025/05/15

urope. This decline was partially offset by positive development in the radar business due to new series launches in the Americas region. Restructuring Realigning lighting production at Lippstadt site; cutting 420 jobs by mid-2026 -The Company announced a plan to restructure its lighting production plant in Lippstadt, Germany, to strengthen its competitiveness. This decision is due to changes in the European market environment, caused by lower ve...

Major Suppliers  Updated at: 2025/05/15