y by 0.2%. The business sector fell short of its forecast growth of 7 to 9%. The decrease in its sales was due to the global decline in vehicle production, especially in Europe. In addition, growth in strategic areas such as electromobility and automated driving fell significantly short of internal targets, especially in Europe, where demand is developing more slowly than expected. Sales in the Americas, including the truck market, did not meet e...

Major Suppliers  Updated at: 2025/05/28

n France Michelin cuts 2,300 jobs in France as a result of expanding cheap tire shares Michelin launches construction on first tire recycling plant in Chile Enviro, Sweden strategic partnership agreements with Michelin delayed Michelin India signs MoU with IIT Bombay for mobility research Michelin targets 100% sustainable tires by 2050 Nihon Michelin Tire’s Primacy 3 adopted for Lexus UX300e EV Michelin launches Pilot Sport EV tire for electri...

Major Suppliers  Updated at: 2025/05/27

October 27, 2011) Daido Metal Co., Ltd. announced its new mid-term business plan called “Together to the Top” for the 5-year period through March 2018 (FY2017). Based on this plan, the company aims to obtain the world’s largest share of the sliding bearing market in all categories. Its sales target for FY2017 is set at 111 billion yen, more than a 60 percent increase from this year’s forecast of 69 billion yen, while its operating margin...

Major Suppliers  Updated at: 2025/05/20

e two parties will jointly explore potential R&D cooperation opportunities. They plan to establish a joint venture to meet the growing demand for environmental protection and boost energy transition and industrial upgrading. Focusing on the route planning and implementation of the carbon neutrality target, the two parties will cooperate in depth in areas such as electric ships, commercial vehicles, warehousing and logistics, and renewable energy ...

Major Suppliers  Updated at: 2025/05/19

otor and thermal management technologies at its Tech Day MAHLE works with Taiwan-based ProLogium to develop solid-state battery technology IAA Mobility 2023: MAHLE presents new bionic battery cooling plate for first time MAHLE sells its thermostat business to ADMETOS MAHLE’s science-based climate targets validated by SBTi MAHLE and HELLA sell 50:50 joint venture Behr-Hella Thermocontrol to AUO Corporation, Taiwan MAHLE installs new solar power ...

Major Suppliers  Updated at: 2025/05/15

t-series production of these products will be relocated successively. To reduce around 420 permanent positions at this site. The job reductions will be implemented by mid-2026. -(From a press release dated June 26, 2024) Completed sale of 50:50 joint venture BHTC to AUO Corporation Divestment targets Behr-Hella Thermocontrol (BHTC), 50:50 joint venture with MAHLE Behr GmbH & Co. KG, a subsidiary of Mahle GmbH (MAHLE) Buyer AUO Corporati...

Major Suppliers  Updated at: 2025/05/15

r's Austrian subsidiary EKAT is completed in early 2021. (From a press release on November 12, 2020) Plastic Omnium presented its strategic vision for hydrogen mobility. Plastic Omnium is aiming for revenue of around EUR 300 million in this market by 2025 and EUR 3 billion by 2030. To achieve these targets, it will be investing around EUR 100 million a year over the coming years, directly or through its EKPO Fuel Cell Technologies joint venture, ...

Major Suppliers  Updated at: 2025/05/14

and VIA optronics won an award at the Gasgoo Awards in China for the Sunrise Cockpit concept. Toyota recognized Antolin Bangalore (India) as a Zero Defect Supplier for the fifth year running. Sustainability goal -The Company aims to become a carbon neutral (scope 1, 2, and 3) by 2050. By 2040, it targets to achieving carbon neutrality in its own operations, scope 1 and 2. Set up photovoltaic system in Caserta plant in Italy-The Company set up a...

Major Suppliers  Updated at: 2025/05/13

tion with Zhuhai Gree Green Renewable Resources Co., Ltd., a Gree Electric subsidiary. The two parties will establish a joint venture by the end of 2024 to jointly develop, manufacture, and sell recycled plastics. They will be committed to developing sustainable material products, with a 2030 sales target of 150,000 tons of compounds. These products will be applied in industries such as automobiles and household appliances. In addition to a partn...

Major Suppliers  Updated at: 2025/05/09

es Schaeffler to bolster technology development for electrified vehicle parts Schaeffler inaugurates software technology center in India  Schaeffler partners with Lhyfe for green hydrogen Schaeffler acquires solar farm in Kammerstein to supply electricity to its locations in Germany Schaeffler’s targets for reducing greenhouse gas emissions validated by SBTi Schaeffler purchases green electricity from wind power Schaeffler forms joint venture ...

Major Suppliers  Updated at: 2025/05/09

increase usage in the parts production and helps reduce CO2 emissions throughout the production process. In addition, the integration of scrap management into the Company’s business strategy allows for a life cycle complete traceability. This plan also supports tit to achieve full decarbonization targets in Scopes 1 and 2 by 2045, working with the supply chain to guarantee alignment.-(From a press release dated June 20, 2023) Outlook -For the f...

Major Suppliers  Updated at: 2025/05/08

ker to supply industry leading 77GHz high-resolution radar systems for autonomous driving. Autoliv’s high-resolution radars, located on the four corners of the vehicle, allow for increased detection points, leading to improved ability to understand free space, better object separation in multiple target environments, and more precise detections in blind spot warning and rear cross traffic alert. Autoliv’s 77GHz radar systems see oncoming vehi...

Major Suppliers  Updated at: 2025/05/07

d for automotive applications with severe ambient temperature conditions and delivers fast switching capacity with low dispersion for improved efficiency in motor drive applications. The sample is priced at 550 yen per unit and the mass production is slated to begin in the first half of fiscal 2015 targeting 1 million units a month. (From an article in the Nikkan Jidosha Shimbun on Jun 5, 2013) Renesas Electronics Corporation said it aims to incr...

Major Suppliers  Updated at: 2025/05/07

ring, brakes, and safety systems. The new plant is going to be the fourth one in Zhangjiagang for the company. It will be built on a site of 40,000 square meters and create approximately 400 new jobs. The new plant will manufacture control arms, steering knuckles, tie rods, and plastic parts. ZF is targeting to launch operations of the new plant in July 2020. (From media reports on May 20, 2019） ZF Group and Beiqi Foton Motor Co., Ltd. establis...

Major Suppliers  Updated at: 2025/05/07

mand is expected to grow for CASE (Connected, Autonomous, Shared, Electric), to its “strategic businesses” that aim to create high profitability. In FY 2026, AGC plans to achieve a JPY 130 billion operating profit in the strategic businesses, which is more than 50% of its total operating profit target. In the field of mobility, AGC have Included light control glass, and low-emissivity (Low-E) glass that withstands changes in temperature, in t...

Major Suppliers  Updated at: 2025/05/07

. This was driven by a market downturn, particularly in Europe, amid challenging economic and industry-specific conditions, including geopolitical turbulence, armed conflicts, the threat of heightened trade barriers such as higher tariffs, the industry's technological transformation to meet climate targets, and the recession in Germany. Excluding the effects of exchange rates, sales declined by EUR 15.9 million or 0.9%. Sales also fell across all...

Major Suppliers  Updated at: 2025/05/06

ting process, enabling the production of high-purity iron powder that serves as a precursor for LFP cathode active material (LFP CAM). First Phosphate will integrate this technology into its upcoming iron phosphate precursor (FP pCAM) and LFP CAM production facility in Saguenay-Lac-St-Jean, Quebec, targeting to reach 400,000 tons per year by 2032. GKN Hoeganaes will support this effort by scaling operations at its Gallatin, Tennessee plant and pr...

Major Suppliers  Updated at: 2025/05/03

Global Compact “Business ambition for 1.5°C”, committing itself to reach net-zero emissions by no later than 2050 in line with 1.5°C scenarios, responding to what the latest climate science indicates is needed to limit the worst impacts of climate change. Saint-Gobain will now work on interim targets and steps taking into account the specificities of its processes and its investment cycles. Saint-Gobain is already committed to reducing its ...

Major Suppliers  Updated at: 2025/05/01

s EU regulatory approval for Osram acquisition Osram expects recovery after third quarter of 2020 Osram expands photonics portfolio for automotive interior applications OSRAM withdraws fiscal year guidance due to uncertainty over coronavirus OSRAM develops LED for fog lamps Osram increases savings targets to EUR 300 million by 2022 Osram presents new infrared laser for short-range LiDAR applications Osram develops LED for ultra-slim headlights a...

Major Suppliers  Updated at: 2025/05/01

ions for employee collaboration, a product showroom, an exercise room, an outdoor patio and electric vehicle charging stations. (From a press release, on December 18, 2017) Skeleton Technologies and Martinrea International Inc., through its Effenco subsidiary, announced a collaboration agreement to target the supply of Skeleton’s novel SuperBattery technology and the "Effenco Hybrid Electric" solution that electrifies the onboard equipment util...

Major Suppliers  Updated at: 2025/04/28