adjusted revenue increased during the year with significant growth in metallic products. Restructuring -In 2024, the Company's GKN Automotive division announced the creation of an end-to-end production site in Alamance, North Carolina. It also streamlined its manufacturing footprint by closing its plant in Roxboro and its advanced engineering center in Abingdon, UK, and proposing the closure of its all-wheel drive site in Köping, Sweden. In add...

Major Suppliers  Updated at: 2025/09/26

nt Financial Overview (Consolidated) (in KRW millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate ofchange (%) Sales 2,815,368 2,506,433 12.3 Operating income 65,179 39,192 66.3 Net income 86,059 31,441 173.7 Production Facilities in Korea Facility Location Incheon plant Incheon Songdo plant Incheon Gyeongju plant Gyeongju,Gyeongsangbuk-do Hwaseong plant Hwaseong,Gyeonggi-do Gunsan plant Gunsan,Jeollabuk-...

Major Suppliers  Updated at: 2025/09/25

ds-Valve body coversSensor/Valve/Actuator-Knock sensors-Temperature sensors-Pressure relief valves-Solenoid valves-Vacuum actuators-Solenoid valve integrated vacuum actuators-Fuel pressure regulators-Oil pressure switches Manufacturing Facilities in Korea Facility Location Main products Shihwa plant(Headquarters) Siheung, Gyeonggi-do -Thermostat-Coolant Control Valve-Sensor / Switch-Valve / Actuator Gyeongju plant Gyeongju, Gyeongsangbuk-d...

Major Suppliers  Updated at: 2025/09/25

t at subsidiaries overseas and positive currency translation, operating profit decreased slightly because of increased expenses, such as those incurred for transitioning to a production subsidiary, increased labor costs due to wage increases and performance-based pay, and increased R&D expenses for new businesses. Net income 129,472 52,548 146.39 - Factors such as losses on currency translation Production Hyundai WIA starts mass producing ...

Major Suppliers  Updated at: 2025/09/25

ome 363,304 1,545,489 (76.5)   Net income 575,512 2,066,047 (72.1)   -Energy Solution Sales 15,691,243 20,406,100 (23.1)     Global battery production capacity Year in operation(including planned) Location Remarks Production capacity(Includes some estimates) Korea 2000 Cheonan Plant -Established 4680 battery pilot line for Tesla in 2022.-Planning commercial production of 46 series battery by early 2025 N/A 2010 Ulsan plant...

Major Suppliers  Updated at: 2025/09/25

company to affiliates of Hahn & Company and Hankook Tire 2015 The company changed its name to Hanon System Corp. 2019 Acquired Magna International's hydraulic controls business (Fluid Pressure and Controls) 2021 Acquired condenser business of Keihin Corporation (now Astemo) 2024 Established new engineering center in Portugal -The Company had the largest market share for automotive air conditioning systems in Korea in the fiscal year en...

Major Suppliers  Updated at: 2025/09/25

2025. -The Company’s business is comprised of the automotive-seat, electrical-component, and electronics businesses, in addition to others. -The breakdown of sales by business in the fiscal year that ended in March 2025 is as follows: Seating and electrical systems: 79.1%, electronics: 16.0%, and new businesses: 5.0%. -The Company has a 16% share of the seat-adjuster market and a 17% share of the seat-recliner market in Japan, according to its ...

Major Suppliers  Updated at: 2025/09/25

ulative) Akebono Brake Industry Co., Ltd.'s first quarter results   Business Reorganization Year Details January 2019 Filed an ADR because of worsening cash-flow caused by deterioration in the North American business operations. August 2020 Completed the closure of Akebono Brake, Columbia Plant in South Carolina, USA. September 2020 Completed the closure of Akebono Brake, Clarksville Plant in Tennessee, USA. March 2021 Completed the...

Major Suppliers  Updated at: 2025/09/25

ble printed circuits (FPC) made by Nippon Mektron, Ltd. (Nippon Mektron, Minato Ward, Tokyo), a subsidiary of NOK, have been adopted for Volkswagen AG’s ID.2 electric vehicle (EV). FPCs are used for battery voltage management, and full-scale production is scheduled to begin at Nippon Mektron’s plant in Hungary in 2026. This is Nippon Mektron's first direct business with VW. Total sales from this order are expected to exceed EUR 400 million (...

Major Suppliers  Updated at: 2025/09/25

ative) Yutaka Giken Co., Ltd.'s first quarter results   Recent Business Developments Yutaka Giken to expand electrified vehicle drive motor business-Yutaka Giken Co., Ltd. (Yutaka Giken) will start expanding its drive motor business dealing with parts for electrified vehicles. It will construct a new pilot line for motor-related parts at its plant in Japan in this fiscal year. In China, where it introduced a pilot line for motor core lamination...

Major Suppliers  Updated at: 2025/09/25

Prime Planet Energy & Solutions, Inc. (PPES) Japan Hiroaki Koda (Representative director and President) -A joint venture company for automotive prismatic batteries established by Toyota and Panasonic. -The company develops, manufactures, and sells high-capacity and high-power automotive prismatic lithium-ion batteries and next-generation automotive batteries (including batteries based on new principles). Main models equipped Toyota: MIRAI, RA...

Major Suppliers  Updated at: 2025/09/25

t vehicles to customers in Japan and Southeast Asia. (From an article in the Nikkan Jidosha Shimbun on May 23, 2024) Business Developments Involving e-Axles Product Delivery System Location Production Capacity Details Fuji Region (Japan) - Launched production as a dedicated e-Axle production plant(Detailed News) Sunderland (UK) 340K units per year The production of 3-in-1 systems for Nissan are scheduled to launch in 2026.(Detailed News)...

Major Suppliers  Updated at: 2025/09/25

r 31, 2024, decreased by 6.5% from the previous year’s sales of EUR 4.6 billion to EUR 4.3 billion according to the Company’s preliminary figures. The decrease was mainly driven by the challenging market environment for the automotive industry. Restructuring Internal restructuring strategy with new Chief Restructuring Officer-The Company announced that it is re-aligning its corporate strategy and adapting its organizational structures in resp...

Major Suppliers  Updated at: 2025/09/22

based in Turkey. In September 2022, the Company entered into an agreement with Ichikoh Industries to acquire a 100% stake of Ichikoh’s mirror business for JPY 5.2 billion. The transaction involves the acquisition of Ichikoh’s mirror business in Japan and China, comprised of three manufacturing plants. In August 2023, the Company completed the transaction, acquiring 100% of shares of Misato Industries Co. Ltd., Japan and Ichikoh (Wuxi) Automo...

Major Suppliers  Updated at: 2025/09/22

ions as follows: Lisi Automotive: Manufactures assembly solutions and safety components including fasteners, clips, fittings, and harnesses Lisi Aerospace: Manufactures hydraulic fittings, fasteners, and structural assembly components for aerospace companies Lisi Medical: Manufactures orthopedic implants and instruments for minimally invasive surgery -Lisi Automotive consist of following three product lines: Threaded fastening systems Clipped ...

Major Suppliers  Updated at: 2025/09/19

olutions-Acoustic absorption materials-Acoustic barrier solutions-Vibration and acoustic damping products-Gasketing products-Thermal insulation solutions-Soundcoat 360 process to develop specialized acoustic solutions >>>Locations-The Company has 12 locations across 7 countries. Recticel to expand plant in Belgium Recticel's Most plant in Czech stopped after serious fire Johnson Controls assumes full ownership of JVs in Poland and Slovakia Rect...

Major Suppliers  Updated at: 2025/09/19

ws from the passenger car industry and concentrates on the truck and the telecommunications industries. Apr. 1997 Listed on the Helsinki Stock Exchange. Sep. 1997 Cap Man Capital Management Oy and the company's operating management sold some of their shares to investors. 1998 Opened Brazilian plant.Acquired Oy Raahen TH Elektroniikka Ab (currently PKC Electronics Oy) 1999 Began operations at PK Cables Netherlands B.V. Jan. 2000 Changed ...

Major Suppliers  Updated at: 2025/09/18

Zanini Iberica, S.A. in Barcelona 1976 Acquisition of the Company by Torras Family. 1989 Former Zanini Iberica, S.A. becomes Zanini, S.A. 1995 Acquired Wegu Iberica (today Zanini Olerdola, S.A.) Zanini, S.A. becomes the holding company under the name of Zanini Auto Group, S.A. Inaugurated new Corporate Headquarters in Parets del Valles 1997 Acquired wheel trim subsidiary of Peguform France in Oyonnax, France (today Zanini France, S.A....

Major Suppliers  Updated at: 2025/09/18

cal fuel tanks-Electrical sets to connect vehicles to other systems, such as trailers or carriers 1923 Established Alkmaar, Netherlands as an exhaust distribution business. 1952 Started commercial production of the exhaust systems. 1968 Moved the headquarters to Belgium. 1998 Established a new plant in Blue Macaw, Brazil.New plant started in Argentina. 1999 Established a new plant in Brandys, Czech Republic to manufacture complete exha...

Major Suppliers  Updated at: 2025/09/18

UK company Invensys of anti vibration operations. Received a contract to produce strut mounts for one of the global platforms used by Volkswagen to produce various car models. Received a contract to supply hydro mounts to Ford. Received a contract to supply spring seats for Daimler Chrysler's new mini van. In a joint venture with Delphi, the Company signed a contract to supply a complete system of engine mounts for Ford USA, which include...

Major Suppliers  Updated at: 2025/09/17