gned an agreement to divest a Czech operation in technical rubber products. The company, which has its main business located in Nachod, in the Czech Republic, is recognized among Assets held for sale in the financial statements. The buyer is Kaprain, a Czech investment group. The divested operation reported annual sales of approximately SEK 560 million in 2020. The operation develops and manufactures a broad range of engineered polymer products, ...

Major Suppliers  Updated at: 2025/09/17

the Company manufactures forged aluminum wheels and fastening systems. In the fiscal year ended December 31, 2024, the aerospace market accounted for 68% of the Company’s sales, while the commercial transportation market represented 17% of the Company’s sales.-The Company is organized into four reportable segments as listed below: Engine Products: The segment produces components for aircraft engines and industrial gas turbines including airf...

Major Suppliers  Updated at: 2025/09/16

ly cells and a well equipped metrology laboratory with the latest engineering & quality assurance processes. This is being done in conjunction with CIE's domain experts and is expected to be a technology demonstrator of the capabilities that MCIE can bring to the industry. (From Mahindra CIE annual report FY 2018)   Inteva Products announced that it has completed the sale of its Roof Systems product line to CIE Automotive. The sale closed late y...

Major Suppliers  Updated at: 2025/09/12

(Gujarat) was completed in FY 2016-17 and the plant has started contributing in revenue from since the fourth quarter of FY 2016-17. Motherson Sumi Systems Limited (MSSL) is a flagship company of the Samvardhana Motherson Group. MSSL is working through 60 facilities across India. (From MSSL annual report for FY 2016-17) Samvardhana Motherson Automotive Systems Group BV (SMRPBV) informed that the SMR upcoming plant in Chennai will be operational...

Major Suppliers  Updated at: 2025/09/10

a 10.3% increase from the same period in 2017, due to a recovery in truck production in Brazil, where Rassini sells suspensions for this vehicle type. “There’s a growth of 31% and 43% in the production of heavy trucks and buses, respectively, in this market,” the company said in its quarterly report. The company’s revenues totaled MXN 4,755 million (USD 254.3 million), an increase of 12.6%, while the company's net income was MXN 316 milli...

Major Suppliers  Updated at: 2025/09/06

rter of 2024, with an estimated net cash impact of USD 80 million after insurance. Previously, the plant was severely flooded on June 30, 2024, halting its operations and resulting in USD 30 million in fixed asset charges and USD 10 million in inventory losses in the first quarter. Multiple sources reported that the aluminum alloy shortage which was caused by the flooding also disrupted the supply chains of German automakers, including BMW, Merce...

Major Suppliers  Updated at: 2025/09/04

SpA (MTP/Camfin) to align their voting rights at the Pirelli's shareholder meetings. As of February 28, 2023, Brembo holds, directly and through Next Investment, 6% of Pirelli’s shares, while Camfin holds around 14.1% shares. (From a press release dated February 28, 2023) According to Mexico-Now report, Brembo announced it is investing USD 207 million for the expansion of its Escobedo plant, just outside of Monterrey, Mexico. The aim of the ex...

Major Suppliers  Updated at: 2025/09/04

ies fitted to vehicles at Geneva Motor show Magneti Marelli's new plant begins production in China Magneti Marelli opens new Indian plant for exhaust systems Magneti Marelli inaugurates production site for car lighting electronics in Tolmezzo, Italy Magneti Marelli at the IAA 2017 in Frankfurt FCA reportedly preparing for sale of Magnetti Marelli FCA completes EUR 5.8 billion sale of Magneti Marelli to Calsonic Kansei  Auto Shanghai 2019: Mag...

Major Suppliers  Updated at: 2025/09/03

boards for specialty vehicles Financial Overview -The Company had net sales of EUR 5.0 billion for the fiscal year ended December 31, 2024, representing a decrease in sales of approximately 9.1% compared to the previous year. For the fiscal year ended December 31, 2024, the Wiring Systems Division reported sales of approximately EUR 3.9 billion, while the Automotive Cable Solutions Division reported sales of approximately EUR 1.1 billion. Restru...

Major Suppliers  Updated at: 2025/09/03

2012 Meritor to invest 16 million USD in European brake operations ArvinMeritor completes sale of its Body System business ArvinMeritor has reached an agreement to sell its Body Systems business to Inteva Meritor's axles selected as standard equipment on Wabash National trailers Meritor reorganizes reporting structure Meritor and DTNA extend agreement to provide air disc brakes for Freightliner Cascadia Meritor prepares new products, EV technolog...

Major Suppliers  Updated at: 2025/09/02

May 24, 2007) Sumitomo Electric Industries announced the completion of the sales of its consolidated subsidiary Netmarks Inc. Nihon Unisys Ltd has acquired a majority of outstanding shares in Netmarks Inc., which was controlled by Sumitomo Electric, through a tender offer (TOB). Sumitomo Electric reported that it would no longer consolidate its Netmarks stake following the downward change of its investment ratio. The company stated that this tr...

Major Suppliers  Updated at: 2025/09/02

on (approximately JPY 4.08 billion), Mitsuba Corporation was ordered to pay CNY 40.72 million (approximately JPY 680 million), and Furukawa Electric Co., Ltd. was ordered to pay CNY 34.56 million (approximately JPY 580 million). Mitsuba will post the amount as an extraordinary loss in its financial report for the first half (April-September) of 2014. Hitachi Automotive Systems, Ltd. has been exempted from punishment under a leniency program. (Fro...

Major Suppliers  Updated at: 2025/09/02

scheduled to stop production by October 2014. In order to avoid risks of tsunami and liquefaction from future earthquakes, the company was going to transfer the plant's friction plate production lines from the coastal city of Iwata to the Hosoe Factory. According to an earthquake damage estimation report released by Shizuoka Prefecture on June 27, however, tsunami and liquefaction potentials were found to be minimal in the area where the Tenryu ...

Major Suppliers  Updated at: 2025/09/02

15I axle is complete to replace MS1497 with better durability with new gear design and axle efficiency. Parts development in progress. -Designed axle for overseas market under new housing for MT1497 and MS160 with higher housing thickness to protect against overloads. (From Automotive Axles annual report for FY 2016-17) Automotive Axles informs that during the fiscal year 2016-17, it has initiated capacity expansion projects to ramp up productio...

Major Suppliers  Updated at: 2025/09/01

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: 2025/08/28

Schaeffler AG (Formerly Vitesco Technologies Group AG) Germany ＊The details regarding the business overview, sales, and products are based on information from Vitesco Technologies prior to the merger. Merger with Schaeffler -On October 1, 2024, the Company was merged into Schaeffler AG (Schaeffler). The combined company operates under the uniform corporate brand “Schaeffler” and reports consolidated financial information from now on. The ...

Major Suppliers  Updated at: 2025/08/28

y of Industry and Tourism, Spain press release on May 10, 2024) Business Plan Phoenix plan to improve performance in NAFTA region -The Company launched the Phoenix plan to improve its performance in the NAFTA region, which has diluted its overall performance in recent years. In this market, it reported an EBITDA margin of 6.7% on sales compared to the rest of its automotive business, which represents 12.6%. As announced at the last Capital M...

Major Suppliers  Updated at: 2025/08/28

chassis architecture with Benteler and FEV Group in Germany. It took 3.5 years for Benteler and FEV to develop this chassis architecture. It’s an industry-leading architecture that integrates state-of-the-art power systems, suspension systems, control systems, and brake systems. (From some media reports on September 2, 2019) Benteler announced that it has signed an agreement with Evergrande Auto to implement the Benteler Electric Drive System ...

Major Suppliers  Updated at: 2025/08/27

made the decision to halt production at both plants through November 11 to give management and the unions time to propose collective and individual discussions with employees.-(From a press release dated November 5, 2024) To close truck tire factory in Olsztyn, Poland by 2024-Multiple media sources reported that the Company will shut down its truck tire manufacturing plant in Olsztyn, Poland by the end of 2024. The truck tire production will be t...

Major Suppliers  Updated at: 2025/08/27

tions Toyoda Gosei to reorganize domestic production structure focused on expanded supply capacity in Northern Japan Parts suppliers based in Nagoya area targeting non-Toyota companies in new growth strategy Toyota group companies revise performance forecasts upward for fiscal 2009 Toyota suppliers report huge income drop; profit improvement measures urgent Toyoda Gosei and Showa Denko agree to share patented LED chip technologies Toyoda Gosei...

Major Suppliers  Updated at: 2025/08/25