small components is no longer cost-competitive. Imported goods are more cost-effective despite any tariffs, transport costs, and CO2 taxes (CBAM). Therefore, Hirschvogel is expanding its capacity in best-cost countries to serve European customers more efficiently. Meanwhile, shifts in U.S. customs policy might cause local-for-local production to regain importance. To address this, the company is further developing its sites in North America and ...

Major Suppliers  Updated at: 2025/07/10

hrough the Michigan Strategic Fund. (MEDC release on January 16, 2025) Bosch Corporation (Bosch, Tsuzuki Ward, Yokohama City) will strengthen cross-regional collaboration in the development of software and production of automotive parts. The company will decide details according to its headquarters policy under the initiative of Christian Mecker, its President as well as South and East Asia sector board president. Bosch aims to promptly offer sof...

Major Suppliers  Updated at: 2025/07/09

river assistance systems such as parking assistance, and products related to displays, and strengthening its business mainly for Japanese automakers by utilizing its technology and trust. Clarion will not change its management system, but will change its name to make it associated with its business policy, complete the Faurecia Group’s business foundations, and lead the group’s automotive electronics business. (From an article in the Nikkan J...

Major Suppliers  Updated at: 2025/07/02

ncy exchange rates, and mergers and acquisitions effects, sales rose by 32.3%. The increase was mainly driven by the growth in the security technology segments, especially the Vehicle Systems and Weapon and Ammunition divisions which benefited from rising demand due to the turning point in security policy ushered in by the Ukraine war. These gains were slightly offset by a decline in sales in the Power Systems division. 2) Power Systems-In the fi...

Major Suppliers  Updated at: 2025/06/03

ubject to clearance from relevant authorities in the USA. (From a press release on January 8, 2019) Hutchinson announced that it is modernizing its factories and transforming operator practices. With the help of the Operational Excellence Department, Hutchinson is deploying a digital transformation policy that breaks down into 4 main lines: industry, product, customers & suppliers and employees. On the sites, digitization enables the Company to o...

Major Suppliers  Updated at: 2025/05/29

have long been hallmarks of Michelin’s competition tires. The sustainable raw materials utilized in these tires range from natural rubber and carbon black recycled from end-of-life tires, to orange and lemon peel, pine-tree resin, sunflower oil, and scrap steel. To achieve its Michelin In Motion policy, the company plans to make all its tires from sustainable materials by 2050. (From a press release dated June 22, 2022) On July 1, Pirelli tyre...

Major Suppliers  Updated at: 2025/05/27

rary Amperex Technology Co. Ltd. (CATL) regarding plans to build a battery factory in the U.S., according to sources familiar with the matter. The two companies are considering Texas as a possible building site, but the location has not yet been finalized. Tesla’s senior global director of public policy, Rohan Patel, has been discussing CATL-related plans with the White House in recent days, seeking clarity on the Inflation Reduction Act rules,...

Major Suppliers  Updated at: 2025/05/19

ect to strict safety precautions. (From a press release on April 17, 2020) Mahle announced that it is planning further adjustments to its locations in Italy, France, and Luxembourg. Volatile markets, the flattening of economic growth curves, and a multitude of political imponderables, such as trade policy conflicts or the uncertainty surrounding Brexit, are causing the economic situation to deteriorate significantly. Mahle is therefore planning t...

Major Suppliers  Updated at: 2025/05/15

development strategy in China, especially in Shanghai, committed to promote sustainability, technological innovation, intelligent manufacturing, industry incubation and other aspects in China. The government leader gave an in-depth introduction of Shanghai's overall business environment and related policy trends of Shanghai, while also encouraging continued investment by the Company in the city. The meeting concluded with a fruitful exchange of v...

Major Suppliers  Updated at: 2025/05/15

tigating the staggering rise in pedestrian fatalities on roadways in the United States, and for autonomous vehicle operations. The Lidar Coalition is focused on promoting the deployment of lidar-based intelligent infrastructure and automotive safety technology. The Lidar Coalition engages in public policy advocacy, educational efforts, and thought leadership to maximize the public benefit of lidar deployment. It was founded in April of 2021 by AE...

Major Suppliers  Updated at: 2025/05/12

s safety and health protocols, as well as applying lessons from China's experience to global operations. Gestamp has implemented an exhaustive set of measures to adapt to the current environment, improving its liquidity position, the flexibility of its staff, the management of working capital and a policy of drastically reducing investments, focused on preserving cash generation. The company has implemented actions to strengthen its liquidity pos...

Major Suppliers  Updated at: 2025/05/08

subways, and wireless power systems. IDT achieved sales of USD 843 million (JPY 93.9 billion) and an operating profit of USD 111 million (JPY 12.3 billion) in the fiscal year that ended in March 2018. Meanwhile, Renesas has aimed to strengthen its automotive semiconductor business in its management policy over the years. With this acquisition, Renesas intends to bolster its semiconductor operations involving autonomous driving communications that...

Major Suppliers  Updated at: 2025/05/07

ed (42,000) Unchanged (95,000) Unchanged   *The above forecasts are updated based on the announcement of the company's financial results. Past Performance AGC Inc.'s third quarter results (cumulative) AGC Inc.'s second quarter results (cumulative) AGC Inc.'s first quarter results   Management Policy The Company adds CASE products to “Strategic businesses” in new mid-term business plan-AGC Inc. (AGC) plans to enhance profitability and in...

Major Suppliers  Updated at: 2025/05/07

as added to support upcoming ramp-ups for the manufacture of battery components. However, investments were also made in the long-standing business units, which are located at the headquarters in Dettingen/Erms and at other German sites.-In addition, the Company will continue its capital expenditure policy in the fiscal year ending December 2025, focusing on investments in property, plant, and equipment for new drive technologies (battery technolo...

Major Suppliers  Updated at: 2025/05/06

breaking ecosystem consisting of an autonomous EV, specialized infrastructure, and a mobility service platform. Mobileye Drive solution will be integrated into the P3 vehicle. The solution is a combination of redundant camera and lidar-radar sensing, REM crowdsourced mapping and transparent driving policy – all powered by the EyeQ system-on-chip. It enables Mobileye to offer scalable and adaptable autonomous driving, which is crucial for P3’s...

Major Suppliers  Updated at: 2025/04/26

clusive of Veoneer’s cash, net of debt and other debt-like items as of March 31, 2021. The acquisition expands Magna’s ADAS business with major customers and provides access to new customers and regions, including in Asia. Magna expects to operate Veoneer’s Arriver sensor perception and drive policy software platform as an independent business unit, consistent with Veoneer’s current practice. In addition, Magna will acquire Veoneer’s le...

Major Suppliers  Updated at: 2025/04/25

barrier-free access. Information in Braille and an audiovisual guide provide additional support for visually impaired people during the journey. Its other features include an advanced sensing system that makes use of different redundant sensors, a mapping technology, and a formal model for driving policy. (From a press release dated January 5, 2023) Benteler-SGL produces fiber-reinforced composite leaf springs for the chassis of the new Volvo XC...

Major Suppliers  Updated at: 2025/04/25

e charging device in the parking lot. The parcel deposit box system identifies the user, monitors charging time and volume, and charges a service fee. This is one of solutions to a charging infrastructure required in the housing complex parking place. [Green Vehicles]   Daihatsu has made clear its policy of developing an electric minivehicle by using Toyota's technologies on electric vehicles. In order to respond to a growing trend toward vehicl...

Major Suppliers  Updated at: 2025/04/23

ion. With this addition, the location will hire more than 500 employees in the next few years. (From a press release on June 6, 2018) On June 14, Nikolai Setzer, the head of the Tires Division at Germany-based Continental AG, spoke at a press conference held in Tokyo. Setzer indicated the company's policy to optimize its global production sites and invest more in next-generation technology development. Continental's investment plans for 2019 incl...

Major Suppliers  Updated at: 2025/04/22

ation, the company will optimize operations at its research and development bases in Japan, the Americas, Europe, Asia, and Oceania. It will also actively engage in government-industry-academia open innovation activities like the ImPACT program led by the Japanese Council for Science and Technology Policy. (From an article in the Nikkan Jidosha Shimbun on October 19, 2017) Bridgestone Canada announced the closure of its Firestone Fibers and Texti...

Major Suppliers  Updated at: 2025/04/18