onths, BGS, Cummins, ETAS, and KPIT will continue contributing to Eclipse CANought. These contributions will be refined by the larger Eclipse SDV community, making them production-ready for commercial use. Both Eclipse Kanto and Eclipse CANought will be incorporated into telematics offerings set to launch in 2025. (From Cummins press release dated September 25, 2024) Pirelli Smart tire technology -The Company and Pirelli Tyre S.p.A. (Pirell...

Major Suppliers  Updated at: 2025/05/28

ems to Hyundai Motor Company and Kia Corporation as well as Renault Korea. It used to have a plant in Songdo in the Incheon Metropolitan City but decided to build a new plant in the Daegu Metropolitan City, considering the locations of major clients, and relocated the production base. The new plant launched its operation in October 2024. (From some releases on November 26, 2024) -The Company’s subsidiary, Brose Sitech, has started operation of ...

Major Suppliers  Updated at: 2025/05/28

lippery conditions. The PILOT SPORT A/S 4 NE0 has been developed for high-end and sports vehicles. It is ideal for various climates and driving conditions. (From a press release dated April 26, 2024) Pilot Sport EV MO1 Mercedes AMG EQE SUV  -The Company announced that, in Q1/2023, Mercedes-AMG launched its first fully electric SUV, the Mercedes AMG EQE, fitted with the Company’s Pilot Sport EV MO1 tires as original equipment (OE). The tire...

Major Suppliers  Updated at: 2025/05/27

o-be-opened Mexican Plant by the year ending March 2015. Ever since the company liquidated its two production subsidiaries in the U.S. in fiscal year 2010, products for the U.S. market have been delivered from Daido Metal's plants in Japan, Europe and Southeast Asia. The company is now preparing to launch production operations in Mexico, positioning it as a supply hub for the North American market. Although the plant is a prospective facility to ...

Major Suppliers  Updated at: 2025/05/20

Battery Materials Division. Drive Battery business: -In 2024, CATL's lithium-ion battery sales reached 475 GWh, up 21.79% y/y. Vehicle drive battery system sales totaled 381 GWh (+18.85% y/y), while energy storage battery system sales reached 93 GWh (+34.32% y/y).   -For passenger vehicles, CATL launched the Shengxing and Qilin battery series, meeting diverse needs for charging speed, range, and power. The Xiaoyao battery was developed for hyb...

Major Suppliers  Updated at: 2025/05/19

on 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 Award from Hyundai-Mobis KSS ITALIA launches airbag supply to Maserati KSS receives FAW-VW Best Technology Development Award KSS receives BAIC Best Technology Development Award KSS recei...

Major Suppliers  Updated at: 2025/05/17

nd Getriebe NAIAS 2019: Mahle presents mobility concept "MEET" Mahle develops new process for steel pistons for car engines Mahle acquires license package for wireless charging technology Mahle acquires ZG-Zahnraeder und Getriebe Mahle Powertrain presents new 48-volt battery technology Mahle launches cost reduction program Mahle relocating work from closed Pennsylvania plant, Italian plant to St. Johns, Michigan MAHLE develops new polyme...

Major Suppliers  Updated at: 2025/05/15

ing segment were EUR 3,995 million, an increase of 2.8% from the previous year. The increase in the segment's sales was mainly due to the full consolidation of Beijing Hella BHAP Automotive Lighting since this fiscal year. It was also supported by slight growth in the Americas region, including new launches for headlamp and rear lamp projects. In contrast, reduced production volumes in the automotive market and the discontinuation of high-volume ...

Major Suppliers  Updated at: 2025/05/15

’s business groups now have a presence in the U.S. (From a press release dated April 16, 2024)-EKPO, a joint venture between ErlingKlinger and the Company, opened EKPO Fuel Cell (Suzhou) Co., Ltd., its new Chinese headquarters and manufacturing site, in Suzhou New District (SND). Concurrently, EKPO launched a phase-II project dedicated to providing market-leading hydrogen fuel cell technologies, products, and solutions. EKPO Suzhou contains a h...

Major Suppliers  Updated at: 2025/05/14

Hard Trim division, and the sale of the trunk trim operations. 4) Technology Solutions-Sales in the Company’s Technology Solutions business unit totaled EUR 392.3 million in the fiscal year ended December 31, 2024, an increase of 7.3% from the previous year. The increase was driven by new product launches in Germany and Mexico. Acquisition -In 2024, the Company acquired an additional 16% stake in Antolin Chongqing Auto Interiors Trim Systems, C...

Major Suppliers  Updated at: 2025/05/13

t of production start-ups, the division is expected to enter a new growth phase after 2025.4) Light Division-In the fiscal year ended December 31, 2024, sales in the Light Division were EUR 5,554 million, a slight increase of 0.2% from the previous year. The growth was driven by numerous production launches in Europe for European automakers. In China, the division’s performance was fueled by recent production start-ups in electrification for a ...

Major Suppliers  Updated at: 2025/05/12

siness Group in the fiscal year ended December 31, 2024 totaled EUR 5,108.4 million, increasing by 3.8% over the previous year. The Business Group’s organic growth was 5% and was boosted by growth in tooling sales. In addition, the increase in sales was also driven by a large number of production launches leading to double-digit growth in North America. In contrast, the Business Group had low single-digit percentage growth in Europe and a decli...

Major Suppliers  Updated at: 2025/05/09

sion -Electric Drives-Controls-Mechatronics & Modules -Engine & Transmission Systems-Powertrain Solutions-Chassis Systems -Repair & Maintenance Solutions-Platform Business-Specialty Business-Emerging Business -Industrial Bearings-Automotive Bearings-Linear Motion -In November 2023, the Company launched a public tender offer for all outstanding shares in Vitesco Technologies Group AG, with the tender offer concluding in January 2024. The Comp...

Major Suppliers  Updated at: 2025/05/09

3 798.5 (3.4) 5) Factors1) Net Sales-The Company’s revenue in the fiscal year ended December 31, 2024, increased by 1.6% over the previous year to USD 4,276.1 million, despite a decrease in global OEM light vehicle production. The increase in revenue was driven by the ongoing benefit from the launch of new and conquest programs over the past few years. Excluding negative currency exchange effects and decreased commodity recoveries, revenue ...

Major Suppliers  Updated at: 2025/05/08

fferent components and accessories such as bumpers, rear side members, door rings, and other moving parts of the passenger vehicle. (From the Ministry of Industry and Tourism, Spain press release on May 10, 2024)    Business Plan Phoenix plan to improve performance in NAFTA region -The Company launched the Phoenix plan to improve its performance in the NAFTA region, which has diluted its overall performance in recent years. In this market, i...

Major Suppliers  Updated at: 2025/05/08

ed December 31, 2024, slightly decreased by 0.8% from the previous year to USD 10,390 million. Excluding negative currency translation effects of 1.2%, the organic sales increased by 0.4% compared to the global light vehicle production (LVP) decrease of 1.2%. This increase was driven by new product launches and higher prices, partly offset by negative customer and model mix. 2) Operating Income-For the fiscal year ended December 31, 2024, the Co...

Major Suppliers  Updated at: 2025/05/07

cs and SAIC Volkswagen Automobile establish joint automotive electronic laboratory Renesas develops perception quick start software Renesas develops new flash memory for automotive microcontroller based on 28nm process Renesas supplies SoC and microcontroller for Nissan Skyline ProPILOT 2.0 Renesas launches Lithium-ion battery management IC Bosch develops camera with AI for ADAS application Renesas launches full HD video controller Renesas and S...

Major Suppliers  Updated at: 2025/05/07

eDrive Project in Shenyang. Located in Hunnan District, the Project involves an investment of over CNY 1 billion with a land area of 83,333 square meters and a planned workforce of 900 employees, and will mainly produce 3-in-1 e-axle drive assemblies for NEVs. The first phase of the Project will be launched in March 2025. The products to be manufactured at the new plant are based on ZF’s modular kit electric drive platform and cover both front ...

Major Suppliers  Updated at: 2025/05/07

GC Asahi Glass to establish new R&D facilities Asahi Glass announces progress in AGC-plus 2017 mid-term plan Solvay completes sale of its Vinythai stake to AGC Asahi Glass AGC Automotive Americas to relocate from Kentucky to Michigan AGC Asahi Glass completes acquisition of Vinythai PCL Asahi Glass launches Brightorb, molding materials for 3D printers Asahi Glass begins mass production of 3D curved cover glass for car-mounted displays Toyota hon...

Major Suppliers  Updated at: 2025/05/07

apital expenditure policy in the fiscal year ending December 2025, focusing on investments in property, plant, and equipment for new drive technologies (battery technology, fuel cell technology, and lightweighting) and orders related these area. Investment outside Germany -The Company announced the launch of a new Battery Center in the US, located in Easley, Pickens County, South Carolina. The Company's CEO met the Governor of the US state on Jun...

Major Suppliers  Updated at: 2025/05/06