The Company plans to cut 500 more jobs in the electronic control unit division by 2025. This will affect administration and development jobs at locations in Ansbach, Reutlingen, Salzgitter, and Schwieberdingen. The Company said the market for electronic control devices is strongly price-driven. The value chain is also changing. Car manufacturers developed the electronic architectures more themselves and had the hardware produced by contract manuf...

Major Suppliers  Updated at: 2025/07/09

2FDX process technology platform and global manufacturing footprint to optimize the power, performance, and time-to-market of the Company’s solutions. GF’s 22FDX chips will be manufactured in Dresden (Germany) and Malta, New York (the U.S.), providing the Company a geographically diverse supply chain. The 22FDX platform optimizes performance by dynamically adjusting to the lowest possible voltage, delivering ultra-low power consumption and hi...

Major Suppliers  Updated at: 2025/07/04

croservices and vehicle container architecture components, to enhance its vehicle safety and comfort applications. Due to the underlying cloud-native architecture, the Company’s ADAS applications are now mostly hardware independent, lower in maintenance costs, and continuously integrated into OEM value chains. The project involved the Company’s surround-view technology used to help drivers park their vehicles. All functions of the Company’s...

Major Suppliers  Updated at: 2025/07/02

trols 77.2 92.3 (16.4) 4) Factors1) Net Sales-The Company’s sales in the fiscal year ended December 31, 2024, decreased by 16% from the previous year to EUR 5,333.2 million. After adjustments for transitory items such as monoliths, that are installed in exhaust systems and do not contribute to value creation, net revenue decreased by 9% year-on-year. The decline in sales was mainly driven by changes in the product mix and lower monolith pric...

Major Suppliers  Updated at: 2025/06/26

ro science-based greenhouse gas (GHG) emission reduction targets have been validated and approved by the Science Based Targets initiative (SBTi). The Company aims to reduce 80% of carbon emissions in Scope 1 and 2 and 30% in Scope 3 by 2030, with the aim to reach net-zero GHG emissions across the value chain by 2050. For long-term targets, the Company aims to reduce absolute scope 1 and 2 GHG emissions by 90% by 2050 (2019 baseline), and to cut...

Major Suppliers  Updated at: 2025/06/17

ent and Innovation (CDTI), supported by the “Next Generation EU” funds in 2022. With a budget of EUR 4.4 million and aid granted of EUR 2.6 million, it aligns with the evolution towards Industry 4.0 and 5.0 are based on digitization process, data flow construction, and secure data sharing among value chain agents. In the Company’s role, the demonstrator project is part of a process of plastic parts injection, as well as assembly and shippin...

Major Suppliers  Updated at: 2025/06/05

ustic-Sales in the Vibracoustic Business Group for FY 2024 decreased by 1.6% from the previous year to EUR 2,634.7 million. This decrease was due to a global decline in vehicle production, delay in the transformation to BEVs, more intense competition, market share losses of Western OEMs, and supply chain disruptions. Adjusted for inflation, sales of passenger car solutions, particularly air springs in North America, grew, while commercial vehicle...

Major Suppliers  Updated at: 2025/06/03

any, is making its debut and displaying innovative solutions for 3D printing with metallic materials intended specifically for the automotive and mechanical engineering sectors, at AMX (Additive Manufacturing Expo) in Lucerne, Switzerland. The exhibits will chiefly be reflecting the Company's broad value-adding chain, specifically the four project phases offered from a single source by this start-up: from planning via the development of a 3D mode...

Major Suppliers  Updated at: 2025/06/03

e control system Cam shifting systems Mechanical switchable tappets Hydraulic switchable tappets Switchable finger followers Switchable pivot elements Switchable roller tappets Switchable valves Oil control valves Valve-lash adjustment elements -Camshaft phasing systems Camshaft phasing units for chain drives Camshaft phasing units for belt drives Solenoid valves Electromechanical camshaft phasing unit -Chain and belt drive systems Primary dr...

Major Suppliers  Updated at: 2025/06/02

alitas recipients and categories include: the Body Quality Supplier of the Year and Overall Supplier of the Year for Brose Fahrzeugteile GmbH & Co. KG, the Engine Systems Quality Supplier of the Year for MANN+HUMMEL GmbH, the Foundational Principles Award for Bridgestone Corporation, and the Supply Chain Management Supplier of the Year for Flex-N-Gate Corporation. (From a press release on July 15, 2016) On November 28, 2016, Brose held a groundbr...

Major Suppliers  Updated at: 2025/06/02

services in the United Kingdom. (From a press release on November 24, 2020) MANN+HUMMEL Group announced its “Carbon Zero Strategy”. The strategy envisages the use of renewable energies at all MANN+HUMMEL sites from next year. By 2030, all production is to be CO2 neutral, and by 2050, the entire value chain. The keys to achieving the goals include increasing the company's energy efficiency and using renewable energies.  In addition, MANN+HUMM...

Major Suppliers  Updated at: 2025/06/02

chinson announced that it reached an agreement to acquire Mide Technology Corporation, an engineering company specializing in smart material technology and mechatronics. The company, based in Medford, MA (USA) and employing around 50 people will enhance and accelerate Hutchinson's expertise in high value content solutions.The acquisition is subject to clearance from relevant authorities in the USA. (From a press release on January 8, 2019) Hutchi...

Major Suppliers  Updated at: 2025/05/29

apable of powering devices up to 1,500W, allowing the vehicle to serve as a power source. (From a press release dated May 22, 2024) 400V motor stators and rotors -The Company won a new drive motor business order for 400V motor stators and rotors from a Chinese client, with the total lifecycle order value estimated at EUR 600 million and production expected at a Chinese plant in mid-2024. The 400V motor stators and rotors to be supplied adopt an 8...

Major Suppliers  Updated at: 2025/05/29

lymer Composite Solutions business. Global Tire Market -In 2023, the Company was the largest tire manufacturer in the world with a 14.4% global market share.-The size of the global tire market in 2023 was over USD 190 billion. Light vehicle tires accounted for approximately 60% of the total market value while truck tires accounted for approximately 30%. In terms of volume, the market sold more than 1.6 billion car and light truck tires and appro...

Major Suppliers  Updated at: 2025/05/27

for high-efficiency logistics scenarios. The company is committed to providing electric chassis with long range, long-term warranty, fast charging, and high overload capacity. The Kunshi chassis adopts the innovative “1+3+1” architecture composed of the Qiankun architecture, the Tianqing power chain, and multi-source heat pump intelligent temperature control technology to extend the ranges of featured light-duty trucks by 20%, with its 140E ...

Major Suppliers  Updated at: 2025/05/19

om a press release on May 21, 2012) KSS-Abhishek Safety Systems Pvt., Ltd. (KSSA), a joint venture between Key Safety Systems Inc. (KSS) and India-based Abhishek Auto Industries Ltd (AAIL) announced that it received two Maruti Suzuki Vendor Performance Awards in the categories of quality and supply chain optimization. It is the fourth consecutive year KSSA has received the distinction for quality. (From a press release on May 29, 2012) Key Safety...

Major Suppliers  Updated at: 2025/05/17

oration  -The Company’s subsidiary, MAHLE Behr GmbH & Co. KG, and Hella GmbH & Co. KGaA (FORVIA HELLA) completed the sale of their 50:50 joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The parties had signed an agreement to sell the shares on October 2, 2023, with an enterprise value of EUR 600 million. BHTC, headquartered in Lippstadt (Germany), is a leader in the field of climate control and a specialist in HMI (Human-Machi...

Major Suppliers  Updated at: 2025/05/15

50:50 joint venture with MAHLE Behr GmbH & Co. KG, a subsidiary of Mahle GmbH (MAHLE) Buyer AUO Corporation Price EUR 600 million Details -MAHLE and the Company have signed an agreement to sell their 50:50 joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation with an enterprise value of EUR 600 million. This announcement followed the constructive discussions between MAHLE and the Company regarding the future positioning and d...

Major Suppliers  Updated at: 2025/05/15

ith DSK to form DIPO in Russia to manufacture fuel systems. Formed a joint venture with Beijing Hainachuan Automotive Parts Co Ltd. (BHAP) in China. 2013 Opened new R&D center in Venette, France. Jul. 2016 Completed the acquisition of the Faurecia's Exterior Systems business for an enterprise value of EUR 665 million. Mar. 2017 Sold seven European sites to US-based Flex-N-Gate Group. Jun. 2017 Sold its truck composites business to the G...

Major Suppliers  Updated at: 2025/05/14

nd cut costs. (From an article in the Nikkan Jidosha Shimbun on November 27, 2024) Gapwaves Radar antennas-The Company and Gapwaves entered into an agreement for the development and large-scale serial production of waveguide radar antennas for ADAS applications. The contract has an expected sales value of mid-range double-digit million EUR over approximately 10 years. In the joint development, Gapwaves supports the Company with its antenna tech...

Major Suppliers  Updated at: 2025/05/12