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Kongsberg Automotive ASA
business segment Kongsberg Automotive’s Driveline business wins contract worth EUR 26 million for actuators Kongsberg Automotive’s Powertrain and Chassis business segment wins two contracts worth EUR 45 million in total Kongsberg Automotive opens new production plant in Brzesc Kujawski, Poland Strike at Kongsberg Automotive’s Raufoss and Hvittingfoss plants canceled Kongsberg Automotive wins business for electric gear shift and park lock a...
Major Suppliers Updated at: 2025/06/06
CATL (Contemporary Amperex Technology Co., Ltd.)
ions and the rapid response to charging signals. For graphite innovation, CATL’s fast ion ring technology is used to modify the properties of the graphite surface, which creates an expressway for current conduction. Furthermore, a multi-gradient layered electrode design has been developed to strike a perfect balance between fast charging and long range. CATL has developed a brand-new superconducting electrolyte formula, which effectively ...
Major Suppliers Updated at: 2025/05/19
Joyson Safety Systems (Formerly Key Safety Systems, Inc.)
se in the hourly minimum wage in the northern border region from MXN 88 (USD 4.56) to MXN 176.72 (USD 9.13). Matamoros suffered from work stoppages since mid-January, as workers from 48 companies belonging to the Union of Laborers and Industrial Workers and the Maquiladora Industry (Sjoiim) went on strike. While the Sjoiim announced in mid-February that they reached an agreement with the 48 companies to stop the strikes, more than 20 companies ar...
Major Suppliers Updated at: 2025/05/17
Nexteer Automotive Group Ltd.
year ended December 31, 2019, reporting full-year revenue of USD 3.576 billion, 8.6% less than 2018, and net profit of USD 232.4 million, 38.8% less than 2018. The company’s 2019 financial results were impacted by lower OEM light vehicle production across all regions, led by China; a GM-UAW labor strike in North America; and reduced revenue from a North America customer’s vehicle platform transition. Nexteer’s Backlog of Booked Business sto...
Major Suppliers Updated at: 2025/05/08
Renesas Electronics Corporation
available for customer evaluations and demonstrations. It will be showcased live at Automobil Elektronik Kongress in Ludwigsburg(Germany)on June 28-29, 2022. (From a press release dated June 27, 2022) Renesas Electronics Corporation (Renesas Electronics) announced on July 5 that due to a lightning strike associated with Typhoon No. 4, a voltage drop occurred on a transmission line to the Kawajiri Plant (Kumamoto City, Kumamoto Prefecture), and...
Major Suppliers Updated at: 2025/05/07
Magna International Inc.
sed the segment’s sales by USD 58 million. The negative effects were partially offset by new program launches in and after 2023 including the Ford F-Series Super Duty, Chevrolet Silverado EV, GMC Sierra EVs, GMC Hummer EV SUV, and Chevrolet Equinox and Blazer EVs. The negative effect from the UAW strike in 2023 had negatively impacted 2023 sales by USD 200 million, leading to improved sales in 2024. Finally, commercial items in 2024 and 2023 re...
Major Suppliers Updated at: 2025/04/25
Lear Corporation
alley, California J.D. Power announces 2019 U.S. Seat Quality and Satisfaction Study Lear’s Xevo unit partners with Hyundai to offer customers in-vehicle commerce capabilities Lear invests in Silicon Valley-based Autotech Ventures Lear reports fourth quarter, full-year 2019 results impacted by GM strike Lear begins production of COVID-19 protective face masks, developing face shields Lear, Gentherm introduce INTU Thermal Comfort seating with C...
Major Suppliers Updated at: 2025/04/23
Continental AG
year ended December 31, 2019, reporting full-year revenue of USD 3.576 billion, 8.6% less than 2018, and net profit of USD 232.4 million, 38.8% less than 2018. The company’s 2019 financial results were impacted by lower OEM light vehicle production across all regions, led by China; a GM-UAW labor strike in North America; and reduced revenue from a North America customer’s vehicle platform transition. Nexteer’s Backlog of Booked Business sto...
Major Suppliers Updated at: 2025/04/22
Bridgestone Corporation
to S8 Capital Bridgestone and Tohoku University's NanoTerasu to form R&D team to develop innovative materials Bridgestone’s Alenza 001 tires selected for Toyota’s all-new Century Bridgestone to strengthen tire solution business in North America Bridgestone works council in Burgos (Spain) plans strike from March 5, 2024 Bridgestone to withdraw from truck and bus radial tire business in China, focusing on premium tires Bridgestone to begin Air...
Major Suppliers Updated at: 2025/04/18
ZF Friedrichshafen AG
duction of TraXon 2 transmission system in 2024 ZF to showcase latest bus and coach technologies at Busworld 2023, Brussels ZF Dongfeng sees its Phase II plant completed and X-Link chassis modules roll off production line ZF reveals electrified trailer concept at NUFAM 2023 in Karlsruhe UAW workers strike at ZF Chassis Systems in Tuscaloosa, Alabama ZF forms strategic partnership with FAWSN Group for seat security solutions ZF to make global prem...
Major Suppliers Updated at: 2025/04/11
Adient plc (Formerly Automotive seating business division of Johnson Controls Inc.)
as primarily driven by decreased production volumes across all of the Company’s regions, with decreased consumer demand and weaker product mix in the EMEA region combined with slower product launches and production disruptions in the Americas region. Notably, the impact of the United Auto Workers strike in the first quarter of the fiscal year had a negative impact of USD 697 million. Unfavorable material economics recoveries caused a decline in...
Major Suppliers Updated at: 2025/03/11
JATCO Ltd.
an Europe press release On May 26, it was reported that workers at Jatco’s Site 1 transmission plant in Aguascalientes, Mexico, halted production to protest receiving low utility profit-sharing. The payments were as low as MXN 1,000 after taxes, less than half of what they received last year. The strike halted most production lines, with around 30 workers protesting at the factory gates, demanding transparency and union accountability. Meanwhil...
Major Suppliers Updated at: 2024/12/24
Bharat Gears Ltd.
ete robotic line for manufacturing of gears for Hybrid vehicle Bharat Gears, India invests in robotic lines for hybrid vehicles Bharat Gears to enhance its manufacturing capability Bharat Gear to acquire Xlerate Driveline Bharat Gears drops plan to acquire Xlerate Driveline Bharat Gears reports strike in Lonand plant Bharat Gears to shut down all plants until April 14, 2020 Bharat Gears updates plant operations and capacity utilization Bharat...
Major Suppliers Updated at: 2024/12/12
Sona BLW Precision Forgings Ltd. (Sona Comstar)
ureus Investment sells stakes in Sona Comstar, India Sona Comstar, India incorporates a wholly owned subsidiary in Mexico Sona Comstar, India to expand Chennai plants capacity, updates on new EV orders Sona Comstar, India acquires 54% capital in Novelic, Serbia Sona Comstar, India updates about UAW strikes and its impact Sona Comstar, India updates about new order wins in Q2 FY24 and H1 FY24 Sona Comstar, India updates about new order wins in Q3 ...
Major Suppliers Updated at: 2024/12/03
Sumitomo Rubber Industries, Ltd.
ptember. The tire size is 225/55R18 98H. (From a press release on October 24, 2017) Sumitomo Rubber Industries, Ltd. announced that its Dunlop SP SPORT MAXX 050 tires have been selected as original equipment for the new Lexus IS, which was launched by Toyota Motor Corporation in November. The tires strike a balance between riding comfort and stable handling. At the same time, their larger size gives these tires a sportier look than previous model...
Major Suppliers Updated at: 2024/11/21
Howmet Aerospace Inc.
ses. These businesses had combined 2006 revenues of approximately $1.6 billion and were marginally profitable. (From a press release on Apr. 25, 2007) Alcoa announced that it has begun to re-start one line at its Tennessee Operations aluminum smelter, which had been idled due to a direct lightning strike in a severe electrical storm in April 2007. The potline, which produces approximately 107,000 metric tons per year (mtpy), is expected to be fu...
Major Suppliers Updated at: 2024/11/19
Marelli Europe S.p.A. (Formerly Magneti Marelli S.p.A.)
ivities to the internal combustion engine are the reasons for closing the plant. Fiom asked Marelli to review his decision and the Government to immediately convene an institutional discussion table. Fiom further announced that a permanent mobilization is proclaimed in Crevalcore and eight hours of strike throughout the group for September 22, 2023. (Based on Fiom press release on September 19, 2023) Marelli announced that the top version of VW ...
Major Suppliers Updated at: 2024/11/13
Autoneum Holding Ltd. (Formerly Rieter Automotive)
e business of Borgers Group, with the enterprise value paid amounting to EUR 117 million. Apr. 2023 Completed the acquisition of Borgers’ automotive business. Honda, 2 new hybrids on sale in 2011 Autoneum develops fully recyclable carpet systems, made of 100% polyester Autoneum workers strike at major US automotive insulation plant Autoneum’s new cold chamber in Winterthur, Switzerland to help optimize thermal management for EVs A...
Major Suppliers Updated at: 2024/11/06
Denso Group (China)
oyota's joint venture company, and other customers. (From an article in the Nikkan Jidosha Shimbun on June 24, 2010) Approximately 1,100 employees of Denso (Guangzhou Nansha) Co., Ltd., a subsidiary of Denso, staged a walkout on June 21, demanding a wage increase of 800 yuan. Immediately after the strike was launched, officials of Denso, Guangzhou Toyota, and the Guangzhou City's government visited the Denso subsidiary, asking them to call off t...
Major Suppliers Updated at: 2024/10/16
Kumho Tire Co., Inc.
Tire to provide technology to Saudi Arabia’s Blatco Kumho Tire to introduce EnnoV EV-exclusive tire Kumho Tire to unveil new ultra-high-performance tires at Tire Cologne 2024 in Germany Kumho Tire to supply new car tires for Volkswagen Multivan T7 Kumho Tire suspends plant operation due to labor strike Kumho Tire to fully promote digital transformation of tire development Kumho Tire to partner with Korea Automobile Research Institute to improv...
Major Suppliers Updated at: 2024/10/11