MICHELIN (Compagnie Generale des Etablissements Michelin S.C.A.) France Florent Menegaux (Chairman and CEO) -The Company is a market leader in designing and manufacturing tires for all types of vehicles, primarily focusing on passenger cars, light trucks, and commercial vehicles.-The Company is organized into the following three operating segments: Automotive tires, Two-wheel, and related distribution Road transportation tires and related distri...

Major Suppliers  Updated at: 2025/05/23

eering, designing, processing, prototyping, product testing, and vehicle testing under one roof. This reduces the development time for prototype thermal management components and systems from six months to as little as two weeks. It also can achieve system-weight reductions of up to 60% and overall cost savings of up to 30%. The facility features equipment that enables rapid prototyping of fully functioning components and systems using 3D-printin...

Major Suppliers  Updated at: 2025/05/23

4, a decrease of 37.9% from the previous year. Its EBIT margin decreased from 5.3% in the previous year to 3.5%. The decrease in earnings was due to lower-than-expected sales volumes and an unfavorable product mix, which led to a reduced contribution margin that was insufficient to cover structural costs. Higher personnel expenses and price increases further impacted results, even though raw material costs declined. Other negative factors include...

Major Suppliers  Updated at: 2025/05/23

2,500 Unchanged   *The above forecasts are updated based on the announcement of the company's financial results. Past Performance 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...

Major Suppliers  Updated at: 2025/05/20

and delivers a maximum range of 500km, a charging time of 15 minutes from 0 to 70% state-of-charge, and a service life of 8 years or 1.2 million kilometers. The swappable long-service-life variant delivers a service life of 15 years or 3 million kilometers and a maximum range of 500km, diluting use costs. The long-range variant delivers a maximum range of 800km, a capacity of 1,000kWh, and an energy density of 220Wh/kg. The high-strength variant ...

Major Suppliers  Updated at: 2025/05/19

d Magneti Marelli S.p.A. The new joint venture company, named Textron Breed Automotive S.r.l. has been established to design and manufacture world-class instrument panels, bumpers and exterior and interior trim. 1999 Implemented a repositioning program, in which it closed or sold approximately 45 manufacturing facilities and reduced its workforce by around 4,000. Jun. 2000 Harvard Industries has entered into an agreement with the Company on c...

Major Suppliers  Updated at: 2025/05/17

technology trends including electrification, the Company has issued “MAHLE 2030+”, a new group strategy. The MAHLE 2030+ strategy focuses on three strategic core areas for the Company to expand its position in: In the first core area of electrification, the Company will focus on developing and manufacturing electric drive system and components, fuel cell components and electric vehicle battery components. It will also develop electric chargi...

Major Suppliers  Updated at: 2025/05/15

roduction 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 vehicle production, high-cost level, and changing customer and supplier structures. The plant will focus on the production of the most innovative headlamp solutions. New pro...

Major Suppliers  Updated at: 2025/05/15

ifter (button)-E-Shifter (Rotary)-E-Shifter (Lever)-AT Lever-MT Lever Pedal-Accel Pedal Module (APM)-E-Clutch Module-Brake Pedal-Clutch Pedal-Stop Lamp Switch Actuator-Gear Actuator Cable-Control Cable-MPR Cable-Sunroof Cable Precision press parts-Hub-Drum-Carrier assembly-Retainer assembly-Rotor Manufacturing Facilities in Korea   Location Main products Daegu plant(Headquarters) Daegu Transmissions Hyunpoongplant Daegu Transmissions ...

Major Suppliers  Updated at: 2025/05/14

OPmobility SE (Formerly Compagnie Plastic Omnium SE) France Laurent Favre (CEO) -The Company is a French manufacturer and a global leader in the development and manufacturing of components and systems focused on supporting future mobility applications. Its products include exterior body assemblies, energy storage systems, pollution reduction systems, lighting systems, hydrogen technologies, front-end modules, and embedded software systems. -In Ma...

Major Suppliers  Updated at: 2025/05/14

Grupo Antolin-Irausa, S.A. Spain Cristina Blanco (CEO) -The Company is a global leader in the design, development, manufacturing and supply of automotive interior components and systems.-As of December 31, 2024, the company organizes its activities around two business segments as follows: Business Segment Activities Product market share (reported by Company, based on sales in 2024) 1. Product Systems Headliners -Headliner substrates, modul...

Major Suppliers  Updated at: 2025/05/13

operation focuses on electrification technologies along with thermal and powertrain activities. -BorgWarner-Robert Bosch-Denso-Schaeffler-ZF-Hanon-VMAX-Innovance-Sanden-Huawei Light Division (Formerly the Visibility Systems Business Group) -Lighting Systems-Wiper Systems -Robert Bosch-Denso-Koito Manufacturing-Marelli-Hella-Mitsuba-Shenhuabo -The Company’s global product groups market share in 2024: Driving Assistance (ADAS and AD): 13% I...

Major Suppliers  Updated at: 2025/05/12

.7 million. Negative currency translation effects further decreased sales by EUR 302.5 million, or 1.1%.2) Operating Income-In the fiscal year ended December 31, 2024, the Company’s operating income decreased by 2.7% compared to the previous year to EUR 1,400.0 million. The Company’s gains from cost efficiencies implemented during the fiscal year were offset by unfavorable business and geographic mix combined with a one-off loss of EUR 47 mil...

Major Suppliers  Updated at: 2025/05/09

Schaeffler AG Germany Klaus Rosenfeld (CEO) -The Company is a global mobility and motion technology company focused on developing, manufacturing, and servicing components and systems including bearings, transmissions, gearboxes, dampers, sensors, ECUs, actuators, electronics, electric drive systems, energy generation systems, energy storage systems, and digital services for powertrain and chassis applications across various markets including the ...

Major Suppliers  Updated at: 2025/05/09

Nexteer Automotive Group Ltd. USA Zili Lei (CEO and Chairman) -The Company is a global leader in developing and manufacturing advanced steering and driveline systems, as well as software solutions, addressing all megatrends, including electrification, connectivity, advanced driver assistance systems (ADAS), automated driving (AD), and shared mobility. The Company was previously a business division under GM focusing on steering operations before s...

Major Suppliers  Updated at: 2025/05/08

s automotive business, which represents 12.6%. As announced at the last Capital Markets Day, the Company aims to see the double-digit-margin in this region by 2026.-The Phoenix plan has four key levers: operational improvement with a two-level intervention restructuring plan affecting 6 facilities, cost savings, attracting the best talent, and commercial lever that ensures profitable growth in the region.-The plan will have an extraordinary impac...

Major Suppliers  Updated at: 2025/05/08

2) Operating Income-For the fiscal year ended December 31, 2024, the Company’s operating income increased by 41.9% over the previous year to USD 979 million. The increase was mainly driven by reduced capacity alignment accruals, lower R&D expenses, and higher gross profit, which was due to lower costs for labor, premium freight and waste and scrap, as well as decreased material costs. However, the growth was offset by lower sales and the incre...

Major Suppliers  Updated at: 2025/05/07

rom 2022 by 16.5% to a record-high USD 69.2 billion (JPY 10 trillion) on a sales basis Market share: Renesas Electronics Corporation (7%) The top five companies commanded about 50% of the automotive semiconductor market Detailed news Acquisition [USA] Completed acquisition of Altium Acquisition cost: approximately AUD 9.1 billion Purpose: To build a foundation for constructing an Electronics system design and lifecycle management platform. Th...

Major Suppliers  Updated at: 2025/05/07

as a standalone business driven by megatrends in the automotive industry. As an important part of ZF Lifetec, ZF Wuhan is located in the Wuhan Economic & Technological Development Zone of Hubei Province. The new site with a total land area of 66,000 square meters will serve as the largest ZF airbag manufacturing site in Asia-Pacific and a Chinese R&D center of the ZF Passive Safety Systems division to supply high-quality airbags to the global mar...

Major Suppliers  Updated at: 2025/05/07

ating income fell 2.3% YoY to JPY 125.8 billion. This was a decrease of JPY 2.9 billion from the JPY 128.8 billion in the previous year.-Although prices of raw materials and fuel materials declined, the business was affected by lower shipments of automotive glass, mainly in Japan, and deteriorating costs in Automotive, Life Science, and other sectors. 3) Profit before tax-Pre-tax loss was JPY 50.1 billion. The previous year's pre-tax income was J...

Major Suppliers  Updated at: 2025/05/07