the name AUMOVIO on September 18, 2025. In Q2/2025, the Automotive division reported sales of EUR 4.7 billion, down 5% year-on-year. Despite declining automotive markets in Europe and North America, the division achieved an adjusted EBIT margin of 9.0%, driven by cost-cutting measures and sustained price adjustments. Excluding the effects of International Financial Reporting Standards (IFRS) 5, adjusted EBIT margin would have increased to 4.0%, u...

Major Suppliers  Updated at: 2026/03/31

facility will be constructed in north India. The facility is expected to launch in 2008 with the production of light vehicle axles for Tata Motors. (From a press release on Oct. 30, 2007) JTEKT Corp. has received orders from Tata Motors Ltd., India, for the manual steering of the Nano, an ultra-low priced car to be launched in India this year. Sona Koyo Steering Systems Ltd., its joint venture in Haryana, Gurgaon, India will produce the product. ...

Major Suppliers  Updated at: 2026/03/30

nd door balancers for passenger and commercial vehicles. Based on Gabriel India Limited stock exchange notification SAF-HOLLAND SE has acquired the remaining 40% stake in its Indian joint venture, Haldex ANAND India Pvt. Ltd. (Haldex India), from ANAND Group, effective April 11, 2025. The purchase price was in the lower double-digit million-euro range. Founded in 1996, Haldex India became part of SAF-HOLLAND with 60% of the shares following the ...

Major Suppliers  Updated at: 2026/03/16

pan. Minda’s Board also approved the merger of its Subsidiary and JV, namely Minda TG Rubber Private Limited (MTG) wlth Toyoda Gosei Minda. The company will sale out/ transfer its 555,753 equity shares held in Minda TG Rubber to the JV partner Toyoda Gosei Co. Ltd., Japan, before the merger, at a price determined by the independent valuer for an aggregate value of INR 5.6 million. (Minda Industries Limited stock exchange filing on November 10, ...

Major Suppliers  Updated at: 2026/03/04

ew inverters and converters for Mercedes-Benz's plug-in hybrids Hitachi Automotive Systems develops OTA Software Update Solution to support autonomous vehicles Hitachi Automotive Systems' G-Vectoring control technologies adopted in Mazda Axela Hitachi Automotive Systems pleads guilty second time to price fixing, fined USD 55 million Hitachi Automotive Systems, Ibaraki University to jointly research autonomous driving Hitachi's G-Vectoring safety ...

Major Suppliers  Updated at: 2026/02/19

rom 58% in FY2005, was compensated with increased sales to GM, Honda, Suzuki and the Toyota group. The revised YSP will call for attaining sales of 110 billion yen (up five billion yen), while operating profit will be revised downward to 4.5 to 5 percent in consideration of automakers' requests for price reduction due to intensifying sales competition and massive investment required when getting new orders for such capital intensive products as s...

Major Suppliers  Updated at: 2026/02/09

Valeo to acquire Germany-based air conditioning system supplier Spheros Valeo Japan sets up testing area for autonomous driving technologies Valeo unveils its latest autonomous driving technologies at CES 2016 Guangzhou Valeo Engine Cooling inaugurates Wuhan Plant Valeo develops new, competitively priced ADAS sensor Valeo to commercialize electronic mirrors in 2018 Valeo to acquire German clutch manufacturer FTE automotive Ichikoh Industries se...

Major Suppliers  Updated at: 2026/02/09

-On June 27, Toyota Motor Corporation (Toyota), Denso Corporation (Denso), and Toyota Industries Corporation (Toyota Industries) announced that they will sell part or all of their stake in Aisin Corporation (Aisin). Toyota’s stake in Aisin will decrease from 24.8% to 20%, and the total share price will be approximately JPY 62.8 billion. The Toyota Group will review its cross-shareholding to utilize the funds for investment in growing areas...

Major Suppliers  Updated at: 2026/02/09

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: 2026/02/09

ls to car manufacturers through integration and streamlining of sales functions. Also, they will unify product design and optimize procurement of components by leveraging common parts, and mutually utilize their production facilities. Toyoda Gosei will acquire about 87,000 shares of Ashimori at the price of approximately JPY 1.87 billion. After this acquisition, Toyoda Gosei will hold 28.37% of Ashimori’s shares and Ashimori will become an equi...

Major Suppliers  Updated at: 2026/02/09

suppliers based in Nagoya area targeting non-Toyota companies in new growth strategy Tokai Rika to construct new plant in Indonesia by 2013 Tokai Rika to produce seatbelts in Indonesia Tokai Rika reports extraordinary loss of 15 billion yen from recall program Tokai Rika to pay 17.7 million USD for price fixing Tokai Rika forecasts order intake in existing product business to grow to JPY 48 billion in 2030 Alps Alpine's business performance expec...

Major Suppliers  Updated at: 2026/02/09

) Net sales-Sales increased 6.3% YoY to JPY 4,679.8 billion. This was a JPY 277.0 billion increase over the previous year's JPY 4,402.8 billion.-Increased, thanks to higher sales of power cables, optical devices for data centers; favorable currency translation due to the weak yen, and higher copper prices. 2) Operating profit-Operating income increased 41.5% YoY to JPY 320.7 billion. This was a JPY 94.0 billion increase over the previous year's J...

Major Suppliers  Updated at: 2026/02/09

utable to owners of parent 324,084 284,949 13.7 4)   1) Net sales-Sales increased 5.0% YoY to JPY 5,521.7 billion. This was a JPY 263.8 billion increase over the previous year's JPY 5,257.9 billion.-Increase was due to favorable currency translation because of the weak yen and adjusting selling prices. 2) Operating profit-Operating income increased 19.3% YoY to JPY 391.9 billion. This was an increase of JPY 63.3 billion over the previous year...

Major Suppliers  Updated at: 2026/02/09

environmental rating from DBJ NHK Seating of America to establish automotive seat plant in U.S. NHK Spring to cut investments for next fiscal year by 20 percent to 20 billion yen NHK Spring develops hollow spring for suspension coils NHK Spring to enhance Japan-Thailand R&D collaboration in low-priced parts for Asia NHK Sales starts sample shipment of automotive insulating coat NHK Spring to establish global procurement network to optimize...

Major Suppliers  Updated at: 2026/02/09

ompany announced that it has concluded a merger agreement with Cepton Inc. (Cepton), a US company which conducts manufacturing and sales of LiDAR. The two companies have been negotiating the acquisition of Cepton’s shares by Koito Manufacturing, and have reached an agreement on the share purchase price, contract terms and other conditions. The company will establish an intermediate holding company in Delaware, U.S., which will become the parent...

Major Suppliers  Updated at: 2026/02/09

ns of the former Tokyo plant was integrated into Hamura plant and the plant was renamed as Tokyo plant. Aug. 1980 Reduced capital by 75%. Sep. 1980 Toyota Motor Corporation became the largest shareholder through allocation of new shares to a third party. (76 million shares were issued, offering price per share of 600 yen). Nov. 1981 American Koyo Bearing Manufacturing Corp. and American Koyo Corp. merged into Koyo Corporation of USA (presen...

Major Suppliers  Updated at: 2026/02/09

systems outside Germany. (From an article in the Nikkan Jidosha Shimbun on June. 16, 2010) Hideaki Oda, President and CEO of Bosch Corporation (Japan), disclosed the mid-term business strategy at a press meeting held in Tokyo on May 27. By increasing expertise shared in designing components for low-priced vehicles among the group companies, including a subsidiary in India, which has experienced development of low cost products, Bosch will endeavo...

Major Suppliers  Updated at: 2026/02/09

sions, drive shafts and wheel hub systems. (From a press release on January 25, 2018) American Axle & Manufacturing (AAM) announced that it has entered into a definitive agreement to sell its U.S. iron casting operations, Grede, to funds managed by Gamut Capital Management for an aggregate purchase price of USD 245 million. The transaction is expected to close in the fourth quarter of 2019. Across 10 manufacturing facilities, Grede develops, manu...

Major Suppliers  Updated at: 2026/02/06

s, oil pumps, and BERU instant start systems are some of the technologies BorgWarner produces for engines on the distinguished list. (From a press release on Jan. 28, 2008) Achieving a 65% increase in shareholder value earned BorgWarner a 2007 Global Shareholder Value Award from Automotive News and PricewaterhouseCoopers. It was the highest total shareholder return over a one-year period among public global automotive parts suppliers in 2007. The...

Major Suppliers  Updated at: 2026/02/05

d Nippon Steel & Sumitomo Metal Corporation (NSSMC) announced an expansion of their capital and business alliance, under which NSSMC will acquire an additional 2.65 million shares in Unipres. Unipres plans to dispose of the shares through a third party allotment effective May 29, 2015. The purchase price will be approximately JPY 6.56 billion (USD 54.9 million). As a result of this acquisition, NSSMC will raise the percentage of its shareholding ...

Major Suppliers  Updated at: 2026/02/03