her increase in the equity ratio to over 35% are targeted. (From a press release on November 4, 2021) Autoneum Holding Ltd. (Autoneum) announced that it has adjusted its financial year 2022 outlook due to impacts of the Ukraine war on the automotive industry and vehicle production, including higher inflation. Autoneum faces higher material, energy, and transport costs due to the increasing inflation and rising prices in the commodities markets. B...

Major Suppliers  Updated at: 2025/07/16

Electric-driven fan Window regulator motor Fuse box Smog ventilation sensor Acceleration sensor Electronically controlled suspension ECU Electric power steering (EPS) Rear wheel steering ECU Headlamp levelling ECU TPMS sensor Electric-driven fan shroud Relay box Seatbelt ECU Fuel cell radiator Tire inflation pressure sensor Front camera Battery sensor Keyless entry system Power seat tilt motor Power seat lift motor Seat heater HVAC control panel ...

Major Suppliers  Updated at: 2025/07/14

g markets, including China, India, ASEAN, and Africa regions Increase market share and improve market potential in North America Improve diversification across the Company’s business sectors -Through 2030, the Company aims to achieve an average annual sales growth between 6% and 8%, given normal 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 busine...

Major Suppliers  Updated at: 2025/07/09

revious year’s USD 16.5 billion to USD 17.3 billion. Sales to third parties in the Company’s Mobility sector increased by 2.9% year over year to USD 10.7 billion, despite market challenges. Outlook -The Company aims to achieve annual sales growth of 6–8% on average through 2030, with a normal inflation rate of 2–3%. Despite ongoing market challenges, it targets an improved EBIT margin of 7% in 2026. To remain successful amid changing mark...

Major Suppliers  Updated at: 2025/07/09

urs on March 12, 2024. This is the result of unsuccessful collective labor negotiations. FNV has been negotiating with NXP for months about a better collective labor agreement for the approximately 3,000 NXP’s employees in the Netherlands. The employees demand a 9% wage increase to compensate for inflation and want an 8% bonus for all employees based on pre-set criteria. NXP did not want to go further than 2.5% on an annual basis and rejected a...

Major Suppliers  Updated at: 2025/07/04

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 solutions declined due to portf...

Major Suppliers  Updated at: 2025/06/03

lion in annual sales. Stojkovski said that because of all the new business the company has been awarded, that it expects its sales in the region to double, resulting in talks now with various states. Vitesco is comparing state and local incentives available to the company, incentives under the U.S. Inflation Reduction Act, and factors including skilled labor and access to wind and solar power. Due to uncertainty about the pace of electrification ...

Major Suppliers  Updated at: 2025/05/29

plan to close CHOLET and VANNES plants in France by 2026, affecting around 1,254 employees. The decision followed the structural transformation of the Passenger car & Light truck and Truck tire markets and worsening competitiveness of Europe. Both plants have been facing these challenges, including inflation and rising energy prices, for several years.-The CHOLET plant employs 955 people and mainly manufactures 17-inch and smaller Light truck tir...

Major Suppliers  Updated at: 2025/05/27

on of TI Fluid Systems, combined business rebranded as TI Automotive TI Fluid Systems launches new lightweight Thermoplastic Refrigerant Lines for EVs TI Fluid Systems to expand with new E-Mobility Innovation Center in Auburn Hills, Michigan TI Fluid Systems supports North American customers with Inflation Reduction Act (IRA)-compliant battery production TI Fluid Systems’ Tangier plant in Morocco acquires Ford Q1 certification TI Fluid System...

Major Suppliers  Updated at: 2025/05/23

Mexico, South Carolina or Kentucky would be part of an expansion for CATL beyond China and serve OEM customers including Ford and BMW, people familiar with the process have said. But CATL has slowed the process of vetting sites for potential new plants since late August when the U.S. passed the new Inflation Reduction Act (IRA), imposing tough restrictions on the sourcing of material used in EV batteries. The IRA requires automakers to have 50% o...

Major Suppliers  Updated at: 2025/05/19

4)   Outlook -The Company expects the global production of passenger cars and light commercial vehicles to remain flat in 2025 at around 89.5 million units, the same level as in 2023. This is due to several uncertainty factors and geopolitical tensions, including weaker purchasing power due to inflation and rising protectionism such as trade tariffs by the new US administration. Against this background, the Company forecasts a slight organi...

Major Suppliers  Updated at: 2025/05/15

otive production growth, Operating margin of between 5% and 6% of revenue, and Free cash-flow generation in excess of EUR 260 million. The worldwide automotive market remains highly disrupted with trends differing from one region to another. The situation in Ukraine is accentuating the already high inflation and tensions on European supply chains, which continue to be impeded by the chip shortage. Supply chain disruptions continue to trigger decl...

Major Suppliers  Updated at: 2025/05/14

ustry partners such as Autoliv conduct R&D in collaboration with the test laboratory to improve the level of road and vehicle safety in Southeast Asia and worldwide. (From a press release on June 1, 2022) Autoliv, Inc. (Autoliv) announced that it has been negotiating with customers to offset higher inflation. Autoliv continues to work with customers to secure price increases to compensate for the higher inflations and supply chain issues. The com...

Major Suppliers  Updated at: 2025/05/07

International Motor Show 2015. The first concept – named "BHO3" – offers the possibility of charging the batteries of electric cars by transforming the heat generated by the rolling tire into electrical energy. The second concept – named "Triple Tube" – contains three tubes that adjust tire inflation pressure in response to changing road conditions, delivering new levels of performance and versatility. (From a press release on March 3, 20...

Major Suppliers  Updated at: 2025/04/25

nifold absolute pressure (MAP) sensor TPMS receiver Vacuum brake pressure sensor Differential and relative pressure sensor Battery management system (BMS) A/C pressure temperature sensor HVAC sensor Pressure sensor Exhaust gas temperature sensor Oil level sensor Air Conditioner pressure sensor Tire inflation pressure sensor...

Major Suppliers  Updated at: 2025/04/23

factors include negative foreign currency impacts, mainly related to the Chinese Yuan Renminbi. 2) Operating Income (Loss)-Operating income increased 18.2% YoY to USD 1.8 billion. This was a USD 283 million increase over the previous year's USD 1.6 billion.-Despite declines in volume and the global inflationary environment, the strong growth was driven by lower cost of sales and restructuring expenses. The increase was partially offset by increas...

Major Suppliers  Updated at: 2025/04/23

alist for port tow tractors and trailer solutions MOL have announced their cooperation at the TOC fair in Amsterdam. MOL terminal and RoRo tractors can be equipped with the Continental TractorMaster as an iTire: The tire already comes with a pre-installed sensor ex-factory which constantly monitors inflation pressure as well as tire temperature and transmits the information in real time via the ContiPressureCheck system to the driver’s dashboar...

Major Suppliers  Updated at: 2025/04/22

Basauri (Basque Country). This decision is driven by changes in the European tire market, which requires adjustments to the company's production structure for greater competitiveness and sustainability. The agricultural radial (AGR) and truck and bus radial (TBR) tire sectors have contracted due to inflation, uncertainty, and regulatory changes, while the rise of non-European manufacturers has increased competitive pressure. According to several ...

Major Suppliers  Updated at: 2025/04/18

roduced in Tennessee plant are expected to be primarily used by Ultium Cells, though LG Chem’s cathode materials may also be used by GM in other EV projects.  In Tennessee, LG Chem intends to utilize its local supply chain to ensure that customers can meet the EV subsidy criteria set by the U.S. Inflation Reduction Act (IRA). On December 2023, LG Chem commenced construction of the cathode plant in Tennessee with an annual production capacity o...

Major Suppliers  Updated at: 2025/04/17

etirement charges from both periods were $61 million or $0.60 per diluted share in 2007 and $104 million or $1.01 per diluted share in 2006. The year-to-year comparison was negatively impacted by difficult industry conditions, including lower North American customer vehicle production and commodity inflation, as well as an adverse mix of products sold and a higher tax rate between the two periods. (From a press release on May 2, 2007) The 2007 m...

Major Suppliers  Updated at: 2025/04/11