1, 2024, decreased by 53.6%, or THB 863 million, from the previous year to THB 747 million. The decrease in net profit was mainly due to the lower production volume of the Company’s OEM auto parts manufacturing business in Thailand, the accounting effect from inventory reduction, and the deferred tax impairment of Portugal's operation, which was recorded in the second quarter and fourth quarter of 2024, respectively.  Acquisitions Full ownersh...

Major Suppliers  Updated at: 2025/05/30

Capital co-leads USD 10 million investment in TetraVue Bosch invests THB 1.7 billion in new factory, R&D center in Thailand Bosch exhibits electric axle drive system “eAxle” at NAIAS 2017 Bosch announces launch of Automotive Cloud Suite software platform Daimler and Bosch to develop autonomous taxi technology Bosch headquarters in Paris now an innovation campus Bosch announces new cloud-based platform for connected cars Bosch develops techno...

Major Suppliers  Updated at: 2025/05/29

n 2030. (From an article in the Nikkan Jidosha Shimbun on March 22, 2023) According to several Canadian media sources, Canadian Prime Minister Justin Trudeau announced that the federal government plans to provide CAD 44.3 million to Michelin's three manufacturing plants in Nova Scotia, along with a tax credit of CAD 61.3 million from the province of Nova Scotia, as the company shifts toward a market where it expects half of new passenger vehicles...

Major Suppliers  Updated at: 2025/05/27

flation Reduction Act (IRA)-compliant battery production. The IRA was officially established on April 18, 2023, to accelerate investment in clean energy solutions and domestic manufacturing capacity in North America. The legislation has a significant impact on U.S. car buyers and automakers, with a tax credit of USD 7,500 offered for each vehicle that fulfills the IRA requirements. To meet the eligibility criteria, 50% of a vehicle’s battery co...

Major Suppliers  Updated at: 2025/05/23

c transport and road transport industries to create higher-quality, greener, and smarter mobility services and experiences for the public. GPTG, a large state-owned enterprise wholly owned by the People’s Government of Guangzhou Municipality, is engaged in five core areas: urban public transport, taxi transport, modern logistics, smart transport, and NEV transport. It currently has nearly 27,000 vehicles including buses, taxis, road passenger v...

Major Suppliers  Updated at: 2025/05/19

earings, cylinder liners, and camshafts under the Perfect Circle(R);, Clevite(R);, and Glacier Vandervell(R); brands. With annual revenues of approximately $670 million in 2005, the engine hard parts operations employ approximately 5,000 people in 10 countries.Dana expects to record a non-cash, pre-tax charge of $30 million to $35 million in the first quarter of 2007 in connection with the completion of this divestiture. (From a press release on ...

Major Suppliers  Updated at: 2025/05/15

uction versus current materials. The sustainable materials include recycled, bio-based, and carbon-capturing compounds, bio-based foils, low CO2 carbon fibers, and green steel for the automotive industry and beyond. All sustainable materials for MATERI’ACT are also aligned with the European Green Taxonomy. MATERI’ACT will be headquartered in Lyon, France. A new Research & Development center as well as a pilot workshop will be operational in 2...

Major Suppliers  Updated at: 2025/05/15

the door structure. It improves competitiveness, reduces the carbon footprint, and saves assembly time. (From Government of Navarra press release dated February 28, 2024) Investments outside Spain -The Michigan Strategic Fund approved a USD 5 million performance-based grant and 15-year 100% SESA tax exemption worth up to USD 6 million to support the Company’s plans to invest USD 390.2 million and create up to 580 new jobs in Michigan. The C...

Major Suppliers  Updated at: 2025/05/08

tomotive Display Processors-Automotive Video Decoders-Automotive Programmable Gamma Financial Overview (in JPY millions, IFRS)   FY ended Dec.31, 2024 FY ended Dec.31, 2023 Rate of change (%)   Revenue 1,348,479 1,469,415 (8.2) 1) Operating profit 222,977 390,766 (42.9) 2) Profit before tax 263,833 422,173 (37.5) 3) Profit attributable to owners of parent 219,084 337,086 (35.0) 4) Net Sales by Segment Automotive  7,028 6,604 6....

Major Suppliers  Updated at: 2025/05/07

oad-carrying facilities in the Chinese market. In the fourth quarter of 2018, the company plans to lease a plant and start trial production. In 2021, it will build a new plant and launch full-scale mass production. By 2022, the new company is expected to generate sales of CNY 780 million (excluding tax) and profit of CNY 50 million, while producing 113,000 axles. (From a corporate announcement on February 9, 2018) In April 2018, ZF Friedrichshafe...

Major Suppliers  Updated at: 2025/05/07

ns Chemicals-Fuel cell related materials-Refrigerant for automotive air conditioners Financial Overview (in JPY millions, IFRS)   FY ended Dec.31, 2024 FY ended Dec.31, 2023 Rate of change (%)   Revenue 2,067,603 2,019,254 2.4 1) Operating profit 125,835 128,779 (2.3) 2) Profit before tax (50,050) 122,775 - 3) Profit attributable to owners of parent (94,042) 65,798 - 4)   1) Revenue-Revenue increased 2.4% YoY to JPY 2,067.6 bi...

Major Suppliers  Updated at: 2025/05/07

ties. (From an article in the Nikkan Jidosha Shimbun on September 11, 2024) New SPL S8L91A_3 A01-The Company presented the new SPL S8L91A_3 A01, an 8-channel 915nm SMT pulsed laser in a QFN package, developed for LiDAR systems for autonomous driving vehicles such as passenger cars, trucks, and Robo Taxis. The SPL S8L91A_3 A01, the first of its kind to be AEC-Q102-qualified, will further enhance the vehicles’ operation, navigation, and data proc...

Major Suppliers  Updated at: 2025/05/01

n compared to a net loss of USD 689 million in the previous year. The change in net income (loss) was primarily due to lower rationalization charges, higher segment operating income, lower impairment charges, and lower other expenses. These increases were partially offset by higher U.S. and Foreign Tax Expense.   Transformation plan -The Company announced a transformation plan, Goodyear Forward, on November 15, 2023, to optimize its products po...

Major Suppliers  Updated at: 2025/04/25

ding is already operational with more than 300 employees. It is expected to employ more than 1,000 employees by 2024. The overall long-term investment plan of "Magna Mirrors" amounts to over EUR 39 million. The amount of state aid is 50% of the realized investment, which will be implemented through tax and customs exemptions as well as grants for creating new jobs. Magna Mirrors started test production this year and is already producing, exportin...

Major Suppliers  Updated at: 2025/04/25

Jeeps, trucks, minivans Aptiv introduces next-gen ADAS platform Motional joins Automated Vehicle Safety Consortium Motional Selects Ambarella processors for driverless vehicles Aptiv’s zone controllers to reduce vehicle complexity and system costs Motional to use Hyundai IONIQ 5 for next-gen robotaxi in U.S. TUV SUD grants AV permit to Motional Motional testing driverless technology with Derq, UAE Motional joins the Auto-ISAC Aptiv targets to...

Major Suppliers  Updated at: 2025/04/23

hts facility to increase production of battery assemblies being supplied to GM. In total, the project is expected to generate a total capital investment of USD 112.5 million and create up to 500 jobs, supported by a USD 4.5 million Michigan Business Development Program performance-based grant and a tax exemption worth USD 1.9 million. (MEDC press release and other sources on December 13, 2022) Lear Corp. (Lear) announced it has been selected by G...

Major Suppliers  Updated at: 2025/04/23

l head-up display for vehicles with limited installation space Continental to invest EUR 27 million in Romania Continental develops short-range radar for vehicle surroundings Continental to present future mobility solutions at IAA 2019 Continental launches series production of technologies for Robo-Taxis Continental building fully integrated axle drive for mass production Continental and Knorr-Bremse to further develop highly automated driving Co...

Major Suppliers  Updated at: 2025/04/22

nd buses-Various tires, tubes and aluminum wheels for light trucks-Automotive accessories Financial Overview (JPY millions, IFRS)   FY ended Dec.31, 2024 FY ended Dec.31, 2023 Rate of change (%)   Revenue 4,430,096 4,313,800 2.7 1) Operating profit 443,319 481,775 (8.0) 2) Profit before tax 421,437 444,154 (5.1) 3) Profit attributable to owners of parent 284,989 331,305 (14.0) 4)   1) Revenue-Revenue increased 2.7% year-over-yea...

Major Suppliers  Updated at: 2025/04/18

nder the agreement, the two companies are going to develop a platform for fully-autonomous driving cars and complete performance tests. The platform will be based on the new Hyundai Sonata. The two companies are also planning to continue the joint initiatives toward the launch of driverless robotic taxi services in 2020. The services will be launched with up to 100 robotic taxis to test the business opportunities and promote global expansion. Als...

Major Suppliers  Updated at: 2025/04/16

fully integrated intelligent systems for autonomous driving ZF and NVIDIA to develop AI system for autonomous driving applications ZF to invest EUR 600 million in Friedrichshafen by 2022 ZF unveils the latest model of its automotive supercomputer ZF ProAI CES 2019: ZF to present technology for robo-taxis ZF expands partnership with Microsoft to develop digital services CES 2019: ZF to showcase sensor and LiDAR portfolio ZF equips fuel cell bus wi...

Major Suppliers  Updated at: 2025/04/11