has voluntarily filed for Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware to comprehensively restructure its long-term debt. -Approximately 80% of the company’s lenders have signed a Restructuring Support Agreement (RSA) to deleverage its balance sheet and strengthen its liquidity. The company has also secured a significant commitment for USD 1.1 billion in debtor-in-possession financing (DIP Financing) from ...

Major Suppliers  Updated at: 2025/08/04

loyee representatives have agreed on a plan to increase efficiency and flexibility at its HQ in Friedrichshafen regarding central functions and R&D (Operation Z). This plan includes the ZF Mobility Solutions division (Operation XAZ), which is also located at the site. The agreement is based on strengthening and permanently securing the role of the companies as the headquarters of the group, as a leading location for R&D, and as a provider of prod...

Major Suppliers  Updated at: 2025/07/29

ollaboration enables the Company to integrate Seeing Machines’ expertise in interior monitoring perception software into its hardware and software for driver and occupant monitoring systems, offering a best-in-class full system for interior sensing. Meanwhile, Seeing Machines will be able to strengthen its presence in Europe by leveraging the Company’s existing infrastructure. (From press releases dated July 8, 2024) Sennheiser ImagIn for i...

Major Suppliers  Updated at: 2025/07/29

Stock Market. -Xavier System on Chip (SoC)-In-vehicle computing hardware for autonomous driving platform DRIVE AGX Pegasus capable of 320 TOPS DRIVE AGX Xavier capable of 30 TOPS with low power consumption DRIVE AGX Orin capable of 200 TOPS NVIDIA Drive AGX Thor capable of 1,000 TOPS NVIDIA Drive Hyperion data collection and perception evaluation platform -Software for autonomous driving platform DRIVE AV Safety Force Field computational fram...

Major Suppliers  Updated at: 2025/07/28

lar communication (CDMA/GSM)-Edge compute and on-board diagnostics-Domain controllers (body & security, propulsion/chassis)-Zone controllers (power management and smart fusing, data input/output)-Secure connected gateways (vehicle network management, broadcast, cellular, GPS, V2X)-Integrated OS and hyper visors-Digital twin and cloud services-Threat detection and mitigation servicesElectrical Distribution Systems-High-voltage cabling-High-voltage...

Major Suppliers  Updated at: 2025/07/28

tion of three North American companies (April 2025) The Company announced it will consolidate three non-manufacturing companies in North America: 1. AISIN World Corp. of America, 2. AISIN Holdings of America, Inc., and 3. AISIN Technical Center of America, Inc. The purpose of the merger is to strengthen the company's ability to respond to the aftermarket. The reorganization is scheduled for April 1, 2025.(Detailed news) Closure of Gamagori P...

Major Suppliers  Updated at: 2025/07/28

yre plant in Voronezh, Russia Pirelli tires are fitted to models at Geneva Motor Show Pirelli's tires fitted on BMW X5 and X6 Pirelli launches fifth-gen P Zero tire for premium and prestige vehicles Pirelli denies speculation about investment in US Pirelli develops bespoke P Zero R for Porsche 911 GTS Pirelli and Apulia regional government launch world’s first integrated road monitoring system Pirelli tires fitted on Tesla Model X Aeolus Tyre ...

Major Suppliers  Updated at: 2025/07/22

ller platform NXP Semiconductors to supply automotive NFC devices to five OEMs Infineon launches “Productive4.0” research project NXP and HARMAN Extend Partnership for Connected Car of the Future NXP and Elektrobit collaborate on new platform for highly automated driving NXP and Harman to strengthen technical collaboration for connected cars NXP Semiconductors partners with Changan Automobile Torc Robotics, NXP partner to advance self-drivin...

Major Suppliers  Updated at: 2025/07/04

duce maintenance time and vehicle downtime. (From a press release dated September 16, 2024) Tire made with 71% renewable and recycled materials -The Company announced that their first tire made with 71% renewable and recycled materials, will be tested in France. The tire will be used in a Porsche GT4 e-Performance to hit the track in the testing center of France. The tire is made of materials like natural rubber, recycled carbon black, recycled...

Major Suppliers  Updated at: 2025/05/27

ew major customer programs in the region and has since been expanding its manufacturing capabilities. Nexteer currently provides EPS for several Dongfeng affiliated vehicles, including the Peugeot 2008 crossover. (Nexteer press release on April 10, 2017) Nexteer Automotive announced that it is strengthening its steering system offerings with market-leading cyber security technologies to protect against malicious intrusions and unverified steering...

Major Suppliers  Updated at: 2025/05/08

ation power-steering systems. Development of motors with attached ECUs for brakes, clutches, seats and sunroofs. Development of pump actuators that are used to manage autobody heat. Development of integrated packages that combine automotive sensing and control motors and drive motors for EVs. Strengthening R&D activities in Bulgaria-The Ministry of Innovation and Growth, Bulgaria, presented a class A certificate for investment in scientific and ...

Major Suppliers  Updated at: 2024/12/24

evelopment requirements of the automotive market for diversification and structural optimization are driving manufacturers to integrate more and more new technologies into automotive glass, refreshing requirements for the glass. Inovance Technology and Fuyao Group will work together to further strengthen the tackling of original leading technologies in areas such as equipment automation and digital energy management. They will promote the innovat...

Major Suppliers  Updated at: 2024/12/09

aysia Faurecia to collaborate with Magneti Marelli for automotive HMI solutions Magneti Marelli supplies components for Fiat Viaggio at Auto China 2012 Magneti Marelli's technologies featured on Alfa Romeo Giulia Quadrifoglio Magneti Marelli to reinforce AT business Magneti Marelli to strengthen development of drive control systems for clean cars Magneti Marelli wins "Special Award Innovation" from Daimler Magneti Marelli unveils new ope...

Major Suppliers  Updated at: 2024/11/13

ategic partnership covering areas such as the R&D of vehicle safety systems, driver assistance systems, automation functions, powertrains, and electrified solutions, new material applications, and parts supply. In the future, Bosch China and Seres will establish a special collaborative team to strengthen collaborative innovation and technology empowerment. (From a Bosch press release dated August 25, 2023) Wuxi National High-tech Industrial Dev...

Major Suppliers  Updated at: 2024/10/16

eted the second-phase expansion. Nov. 2019 Suzhou Dongfeng Valeo Pyeong Hwa Clutch Co., Ltd. started operations in the Suzhou Industrial Park in Jiangsu. May 2023 The Shanghai Comfort and Driving Assistance Systems R&D Center was completed. Valeo inaugurates two new sites in China Valeo strengthening ties with Great Wall Motor Chery and Valeo to establish joint venture Valeo aiming to double China sales by 2015 Valeo highlighting five maj...

Major Suppliers  Updated at: 2024/10/16

y Financial Centre. The establishment of the branch will effectively enhance EVE Energy’s responsiveness to the demand of the Southeast Asian market and its customer service capacity. With strong platform R&D and superior manufacturing and service capabilities, EVE Energy will continuously strengthen Sino–Singaporean cooperation and improve the distribution of the Southeast Asian marketing network to contribute to the development of the New...

Major Suppliers  Updated at: 2024/07/31

2023 Annual Report) Financial Overview (CNY millions)   FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Change（%） Factors Sales 27,005.88 20,374.94 32.54 -Mainly due to the increase of production capacity, diversification of product lines, growth in market and customer demand, strengthening cooperation with core customers, further diversification of customer base, and continuous growth in the passenger and commercial vehicle busi...

Major Suppliers  Updated at: 2024/07/30

s business unit is a 50:50 JV of Rheinmetall and HASCO, a subsidiary of the SAIC group. (From a press release dated April 17, 2023) Strategic alliances Brose The company announced the renewal of an agreement on Shanghai Brose Automotive Components Co., Ltd. (Shanghai Brose) with Brose Fahrzeugteile SE & Co. KG, Coburg (Brose). Established in 1999 and located in Anting Town, Jiading District, Shanghai, Shanghai Brose is 60% and 40% owned by...

Major Suppliers  Updated at: 2024/06/27

glassHUD front glassSound insulating glassHeat insulating glassInternal heating wire printed glassHead-up display (HUD) glassDimming glass Financial Overview (CNY millions)   FY ended Dec. 31, 2023 FY ended Dec. 31, 2022 Rate of Change (%) Factors Sales 33,161.10 28,098.75 18.02 -Strengthening marketing activities. At the same time, technical innovations have increased the proportion of high value-added products. Operating income ...

Major Suppliers  Updated at: 2024/06/27

hthalate (PET) fiber tire cords.The iON is South Korea’s first commercialized tire that uses recycled PET-fiber-based tire cords. SK chemicals supplies its circular recycled PET product “Skypet CR” to Hyosung Advanced Materials Co., Ltd., and Hyosung Advanced Materials developed the high-strength recycled PET-based tire cords using it as a raw material. Hankook Tire used this cord for the EV-exclusive tires. (From a press release on March 5...

Major Suppliers  Updated at: 2024/06/04