llion. (From a press release dated September 20, 2024) Grammer AG has completed the acquisition of Reum Kunststoff- und Metalltechnik GmbH and Reum Polska Sp.z.o.o., and hence the entire Reum Group. The Reum Group has 950 employees and generated sales of around EUR 130 million in 2014. The purchase price for the share capital of Reum including the acquired properties totals EUR 50 million. The Reum Group is a specialist in surface, plastics and m...

Major Suppliers  Updated at: 2025/07/19

uisition, Inteva now has a global workforce of 8,000 employees at 43 locations in 18 countries. (From an article in the Nikkan Jidosha Shimbun on January 11, 2011) ArvinMeritor, Inc. announced that it has completed the sale of its Body System business to Inteva Products, LLC. The estimated purchase price at closing was 27.27 million USD. This transaction affects more than 4,100 employees in 16 countries. The divestiture completes the sale of Arvi...

Major Suppliers  Updated at: 2025/07/18

was finalized and signed on March 31, 2008. In addition to acquiring the Swiss parent company, ElringKlinger takes over the US-based subsidiary SEVEX North America, Inc., Buford, as well as SEVEX Asia, headquartered in Suzhou, China. Both parties have agreed not to disclose details of the purchase price. The closing of the takeover transaction is still subject to the usual provisos, in particular the receipt of official approval by the antitrust...

Major Suppliers  Updated at: 2025/07/17

billion for Denso, JPY 27.3 billion for Aisin Seiki, JPY 14 billion for Toyota Industries Corporation, and JPY 13.4 billion for JTEKT Corporation. The exchange losses pushed down the seven suppliers' profits with the exception of Aichi Steel Corporation, which has benefited from lower raw materials prices resulting from the yen's appreciation. Denso's President Koji Arima explained, "Sales and profit dropped due to the strong yen despite producti...

Major Suppliers  Updated at: 2025/07/16

ts for e-motor encapsulation. This plant complements the existing production facility in Behror and the joint venture plant in Chennai. (From a press release dated August 29, 2024) Autoneum Holding Ltd. (Autoneum) inked an agreement to acquire 70% of the shares of Jiangsu Huanyu Group at a purchase price of around CHF 75 million. The transaction is scheduled to close in March 2025, with a call option to acquire the remaining 30% of shares in 2028...

Major Suppliers  Updated at: 2025/07/16

billion for Denso, JPY 27.3 billion for Aisin Seiki, JPY 14 billion for Toyota Industries Corporation, and JPY 13.4 billion for JTEKT Corporation. The exchange losses pushed down the seven suppliers' profits with the exception of Aichi Steel Corporation, which has benefited from lower raw materials prices resulting from the yen's appreciation. Denso's President Koji Arima explained, "Sales and profit dropped due to the strong yen despite producti...

Major Suppliers  Updated at: 2025/07/15

ring Exposition 2025 Astemo partners with major Indian IT company for SDVs Furukawa Electric planning mid-term investment focused on automobile business Hitachi completes mass production line for the third-generation lithium-ion batteries Four Japanese auto suppliers to pay 3.4 billion yen for price fixing Hitachi to reorganize and expand car information systems business Hitachi Automotive Systems to enhance global development and production...

Major Suppliers  Updated at: 2025/07/14

on will develop new systems that enable automakers to replace electronic control units (ECUs) of software-defined vehicles (SDVs) at their dealership. The primary purpose is to allow them to replace ECUs in a car to meet the fast-evolving needs for software and lower unnecessary rises in automotive prices. The company will also propose creating hybrid SDVs with SDV functionalities while maintaining conventional structures connecting multiple ECUs...

Major Suppliers  Updated at: 2025/07/14

emala plant 2023 Head Office relocated to Konan, Minato Ward, Tokyo. Yazaki to acquire Italian wiring harness manufacturer Yazaki Corp. forms wiring harness JV with two Chinese companies Yazaki developing easy-to-use connector for EV quick chargers Yazaki Corporation to pay 9.6 billion yen for price fixing Yazaki to pay 470 million USD for price fixing Four Yazaki subsidiaries to be reorganized into automobile and life/environment sectors in...

Major Suppliers  Updated at: 2025/07/14

a Rubber to introduce BluEarth AE-01 tire in Europe Yokohama Rubber establishes testing and evaluation center in China Three major Japanese tire suppliers projecting sales and profit increases for 2012 Yokohama Rubber building passenger car tire production plant in India Yokohama Rubber to increase prices of hydraulic hose and other industrial rubber products Yokohama Rubber develops new hydraulic pipe coupling Yokohama Rubber obtains ISO/IEC1702...

Major Suppliers  Updated at: 2025/07/14

f models. (From an article in the Nikkan Jidosha Shimbun on June 2, 2015) Valeo has announced the launch of a takeover bid for the shares of Ichikoh. The offer will run from November 24, 2016 to January 12, 2017. With this takeover bid, Valeo is offering to buy shares from Ichikoh shareholders at a price of JPY 408 per share. Valeo acquired an initial stake in Ichikoh on April 27, 2000 and currently holds 31.58% of the capital. Valeo plans to rai...

Major Suppliers  Updated at: 2025/07/14

nced that its board of directors approved a new share repurchase program that authorizes management to buy back up to 4 billion USD of the company's common stock over an open-ended period of time. The full authorization represents approximately 70 million shares based on the company's closing share price on May 5, 2011. (From a press release on May 6, 2011) Illinois Tool Works Inc. announced that it has acquired U.S.-based Despatch Industries, a ...

Major Suppliers  Updated at: 2025/07/10

ous 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 included increased distribution and administ...

Major Suppliers  Updated at: 2025/07/09

to acquire a 54.73% stake in Xuchang Qianchao Yuandong Auto Parts Co., Ltd., a joint company between the two companies, at the cost of CNY 14.81 million. Aug. 2019 The Company acquired the 40.01% stake in Shaanxi Lantong Transmission Shaft Co., Ltd. from Shaanxi Automobile Group Co., Ltd. at a price of CNY 32.6 million. Aug. 2019 The Company planned to transfer the 100% stake in its subsidiary Guangzhou Huida Auto Parts Co., Ltd. to Guan...

Major Suppliers  Updated at: 2025/07/08

start manufacturing and selling in Japan front-end modules and rear-end modules, which integrate vehicle lighting devices and exterior parts, as early as possible. (From an article in the Nikkan Jidosha Shimbun on Mar. 23, 2009) Faurecia S.A., France, plans to reinforce development of parts for low-priced vehicles, whose growth is expected in emerging markets including Asia. The company has supplied parts and components with largely limited costs...

Major Suppliers  Updated at: 2025/07/02

r passenger vehicles in Europe, partially offset by sustained demand for pickup trucks in North and South America. Commercial vehicle sales decreased by USD 27 million or 4%, primarily driven by declined demand in the construction and agriculture industries due to high interest rates and lower crop prices. This was partially offset by sustained demand in the on-highway industry, especially in China and North America. Contracts -In 2024, the Comp...

Major Suppliers  Updated at: 2025/07/02

ous year to EUR 5,333.2 million. After adjustments for transitory items such as monoliths, that are installed in exhaust systems and do not contribute to value creation, net revenue decreased by 9% year-on-year. The decline in sales was mainly driven by changes in the product mix and lower monolith prices. Additional contributing factors included a sharp economic slowdown in key markets, global uncertainties, slowing momentum in international ind...

Major Suppliers  Updated at: 2025/06/26

a press release on March 9, 2020) Knorr-Bremse announced that it is has signed an agreement to acquire R.H. Sheppard Co., Inc., USA, one of the leading manufacturers of steering systems for commercial vehicles on the North American market. Knorr-Bremse is to acquire Sheppard for the agreed purchase price of USD 149.5 million from WABCO Holdings Inc., USA, which is selling Sheppard in connection with the proposed takeover of WABCO by ZF Friedrichs...

Major Suppliers  Updated at: 2025/06/24

nd used in the powertrain for electric and hybrid vehicles. ePower currently employs 20 people and has two development centersin Sweden. For Preh, the acquisition of ePower is a targeted strengthening of its own e-mobility activities. The contracting parties have agreed not to announce the purchase price. The transaction is expected to close by the end of 2017. As a global automotive supplier, the Preh Group employs more than 6,000 people and gen...

Major Suppliers  Updated at: 2025/06/06

e fiscal year ended December 31, 2024, the Company had sales of EUR 4,190.7 million, a decrease of EUR 426.7 million or 9.2% from the previous year. The decrease was due to a global light vehicle production reduction of around 1.1% in the year caused by geopolitical tension, macro uncertainty, high prices and costs, and slow demand for electric vehicles. It was also driven by the negative foreign exchange effects, product life cycle, and the dive...

Major Suppliers  Updated at: 2025/06/05