rive system. It features high-density electrically conductive fiber bristles for long service life, stable electrical properties, and an ultra-low friction coefficient, with a compact and scalable design for easy integration into existing or new e-drive systems. For commercial vehicles, the Company launched a kingpin bearing solution consisting of a full set of custom-developed tapered roller bearings with seals, patented self-lubricating sliding...

Major Suppliers  Updated at: 2025/07/15

ounced that its Trimension NCJ29Dx family of Ultra-Wideband (UWB) fine-ranging ICs is deployed by Audi AG to enhance smart, hands-free secure car access functionality for new Premium Platform Electric (PPE) cars. Models equipped with Trimension UWB technology, such as the Audi Q6 e-tron, are set to launch in 2024. Trimension NCJ29Dx family delivers precise and secure real-time localization for Audi’s hands-free secure car access via smart mobil...

Major Suppliers  Updated at: 2025/07/04

ive GmbH, with full production continuing to fulfill all existing orders and new customer inquiries. -On December 4, 2024, Proma Group signed an investment agreement with the Company to take over the business and began the transition period. This investment has allowed the Company to continue and relaunch its operations across Europe as of January 2025. Several employees from the original Sales and Technology departments have been retained at the...

Major Suppliers  Updated at: 2025/07/02

development facilities in the following locations: Esslingen, Germany Hermsdorf, Germany Herxheim, Germany Renningen, Germany Landau, Germany Cluj-Napoca, Romania Concord, Canada Novi, Michigan, U.S. Shanghai, China Product Development High Voltage Electrical Water Heater for e-buses-The Company launched a new High Voltage Electrical Water Heater for e-buses, that enables electricity to be converted into heat. The device features stepless powe...

Major Suppliers  Updated at: 2025/06/26

) (Formerly Faurecia SE) completed the acquisition of the Company. FORVIA Faurecia acquired a total of 79.5% of the shares in the Company including 60% of the Company’s shares from the pool of family shareholders. -As of January 1, 2023, the Company changed its fiscal year structure to match the calendar year. As such, it inserted a short fiscal period from June 1, 2022 through December 1, 2022 to accommodate the change in timing. Because of t...

Major Suppliers  Updated at: 2025/05/15

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

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

gies, shifting government policies and changes in market share, the Company has taken measures to both reduce costs and improve its position within the sector. In 2024, the Company restructured or consolidated more than 40 of its divisions to increase productivity and reduce costs. The Company also launched 64 Factory of the Future initiatives, resulting in more than 400 implementations across the Company’s production plants to enhance producti...

Major Suppliers  Updated at: 2025/04/25

y interest in Motional from 50% as of March 31, 2024, to approximately 15%. (From a release and other sources on May 2, 2024) Contracts Cockpit compute solutions for Mahindra BE 6 and XEV 9e-The Company has been supplying its High-Performance Cockpit Compute (HPCC) solution for Mahindra’s newly launched electric BE 6 and XEV 9e SUVs, supporting the next generation of intelligent and connected vehicles. The HPCC features advanced capabilities,...

Major Suppliers  Updated at: 2025/04/23

uring group sectors into a standalone, independent entity. The spin-off of the Automotive sector will enable the new entity to have increased transparency and agility, while also providing new opportunities for partnerships and investments. The spin-off will operate under a new brand, which will be launched by April 2025. The spin off is expected to be complete by the end of 2025, with the new resulting company listed on the Frankfurt Stock Excha...

Major Suppliers  Updated at: 2025/04/22

lkswagen Group brands to follow. New apps soon available in the Group Application Store include Booking.com, Eventseeker, Livil, Shelly Smart Control, and Tennis TV. (From a press release on July 3, 2024) Working with Qualcomm on new Ready Connect 5G TCU for connected cars-The Company announced the launch of the Ready Connect 5G Telematics Control Unit (TCU), leveraging state-of-the-art Snapdragon Digital Chassis connected car technologies from Q...

Major Suppliers  Updated at: 2025/04/15

will further ramp up the annual production volume of the AKC 2.0 system and lift the local production rate above 80% to fulfill Chinese customers’ requirements for delivery and cost reduction. (From a Company press release dated September 10, 2024) Axle modules BMW X3 -On August 19, the Company launched the axle module assembly production for the new BMW X3 at its facility in Duncan, U.S. These modules will be supplied to the nearby BMW Spart...

Major Suppliers  Updated at: 2025/04/11

otive, aerospace and medical markets. The acquisition will also include the Premium Audio Company and other brands such as Klipsch, Onkyo and Integra. The Company believes its expertise in high volume manufacturing will help the Premium Audio team to continue its expansion, especially through newly launched products, such as Place and HomeLink Smart Home Solutions. (From a Company release on December 18, 2024) Business Partnerships Partnership ...

Major Suppliers  Updated at: 2025/03/19

pplications. The companies will integrate a Company B-Series engine with Allison’s eGen Flex electric hybrid propulsion system. The integrated solution will satisfy EPA’s Phase 3 Greenhouse Gas Emission Standards for Heavy-Duty Vehicles and provide a reliable low-emission propulsion system when launched in 2027. Allison’s eGen Flex system can operate up to half of a bus’s typical route in engine-off mode, enabling a significant reduction ...

Major Suppliers  Updated at: 2025/03/18

This was a USD 707 million decrease from the previous year's USD 15.4 billion. -The decline in net sales was primarily driven by decreased production volumes across all of the Company’s regions, with decreased consumer demand and weaker product mix in the EMEA region combined with slower product launches and production disruptions in the Americas region. Notably, the impact of the United Auto Workers strike in the first quarter of the fiscal y...

Major Suppliers  Updated at: 2025/03/11

plant in Kakegawa TE Connectivity to acquire France-based manufacturer of connectors TE Connectivity completes acquisition of France-based Deutsch Group Tyco Electronics to enter into automotive secondary battery parts business TE Connectivity to expand production facility in Suzhou TE Connectivity launches next generation of charging cables and inlets TE Connectivity to acquire the Kissling Group Tyco Electronics Japan to step up efforts to meet...

Major Suppliers  Updated at: 2025/03/05

odine to close Washington plant in Iowa, USA Modine to acquire Luvata Heat Transfer Solutions Modine announces plans to close Gailtal, Austria plant Modine Manufacturing Company's second quarter results (cumulative) Modine to supply thermal management system for Shyft’s Blue Arc Class 3 EV Modine launches Battery Thermal Management System for off-highway EV market Modine Manufacturing Company's third quarter results (cumulative) Modine supplies...

Major Suppliers  Updated at: 2024/11/19

r compressors to two European commecial vehicle manufacturers WABCO supplying air dics brakes to Daimler Trucks North America WABCO wins Daimler Supplier Award WABCO wins Global Contribution Award from Hino Motors WABCO receives 548 million USD in new business in past four quarters Meritor WABCO to launch Lane Departure Warning system in North America WABCO produces the two millionth air compressor at U.S. plant WABCO Secures Agreement to Supply...

Major Suppliers  Updated at: 2024/11/12

acquisition of Meritor, Inc. Meritor WABCO receives Platinum Supplier Award from Wabash National Meritor produces 10 millionth trailer axle in North America Meritor WABCO releases new OnGuard collision mitigation system Meritor WABCO unveils new trailer stability control system Meritor WABCO to launch Lane Departure Warning system in North America Meritor to sell ownership in Brazilian joint venture Meritor supplying trailer products to Vant...

Major Suppliers  Updated at: 2024/10/29