d of March 2009 is set at 1,500 (3,000 of the Lancer model as a whole). There is no plan for export. Mitsubishi Motors announced that it has started reducing production by switching from two-shift to one shift operation in response to global declines in sales. At the end of January it did not renew contracts with seasonal employees, which numbered 1,100 as of the end of November 2008. During the period from January to March, production of 40,000 ...

OEM Plants  Updated at: 2025/09/30

o expand its existing plant. (From a press release, August 13, 2013) The ILJIN Group is supplying ball joints for Chrysler's Jeep Cherokee SUV. The company provided ball joints for 240,000 Jeep Cherokees during 2013, which added approximately KRW 3.4 billion to the Group's sales. ILJIN has also won contracts to supply ball joints to the Chinese facilities of Fiat and Chrysler, starting by 2016. (From a press release on December 31, 2013) The auto...

Major Suppliers  Updated at: 2025/09/30

Power Switch Module Sustainable Seat Solution-Sustainable Materials Financial overview  (in KRW millions)   FY ended Dec. 31, 2024 FY ended Dec. 31, 2023 Rate of Change(%) Sales 12,746,390 11,693,980 9.00 Operating income 78,662 116,988 (32.8) Net income 23,086 96,745 (76.1) Contracts Hyundai Transys to supply electric vehicle drive systems to Ceer, Saudi Arabia‐On June 11, Ceer, Saudi Arabia’s first electric vehicle (...

Major Suppliers  Updated at: 2025/09/30

ovation for the components for EVs that the Daimler Group and Ford are planning to produce from 2020 to 2027. The supply is scheduled to begin in the latter half of 2020. The total amount of orders confirmed today has reached USD 400 million (JPY 42.4 billion). The company expects to win additional contracts of more than USD 300 million (JPY 31.8 billion). (From various releases on August 10, 2020) On July 30, SK innovation announced that it will...

Major Suppliers  Updated at: 2025/09/30

der liners/sintered parts 40.0 Federal-Mogul TPR (India) Ltd. Bangalore,India Piston rings 40.0 China United Piston Ring Co., Ltd. Hebei Province,China Piston rings 35.0 Federal-Mogul (Anqing) Powder Metallurgy Co., Ltd. Anhui Province, China Sintered parts 20.0   Major Joint Venture Contracts (As of Mar. 31, 2025) Contracted with Country Joint-venture Company Details Contract StartDate Federal-Mogul (T&N) Hong Kong Ltd. C...

Major Suppliers  Updated at: 2025/09/30

.0E" carrying a 2.0-liter gasoline engine mated to a 4-speed automatic transmission. Prices are 1,241million dong for the "2.5Q," 1,129 million dong for the "2.5G" and 982 million dong for the "2.0E." Toyota Motor Vietnam (TMV) reported that the Lexus car brands imported into Vietnam through direct contracts is proposed for late 2013 or early 2014. In fact, around 6,000 Lexus brand cars have made forays into Vietnam via different channels from 20...

OEM Plants  Updated at: 2025/09/29

technical evaluation and provide an A sample, which is a rolled product, to secondary battery manufacturers in South Korea and abroad. This, ASET thinks, will enable the company to expand its cooperation networks with global automakers and battery manufacturers, ultimately securing mass production contracts. (Based on several releases dated September 24, 2025)...

News  Updated at: 2025/09/29

al of increasing the average annual output value of Geely Linhai Industrial Park by 20% and will promote the transformation, upgrading and coordinated development of the local auto industry. Linhai will continue to support Geely Automobile in introducing new projects in this city, and plans to sign contracts for new projects in 2023. As of 20 Feb., the factory operation status in China as a result of the effects of the coronavirus is as follows (...

OEM Plants  Updated at: 2025/09/28

e located in Shizuoka Prefecture, where Suzuki's main domestic plants are located. Three of them (the Ryuyo Seat Plant, the Sagara Seat Plant, and the Kosai Plant) produce seats and the Kasai Plant produces seat frames. To support Suzuki's overseas footprint, SNIC has concluded technical assistance contracts with KML (Krishna Maruti Ltd.) in India in 1993 and IMAG (now Raba Automotive Components Ltd.) in Hungary in 1998 for four-wheeler seats, an...

Market & Tech Reports  Updated at: 2025/09/27

f June 28, a total of 83 companies had completed their investigations, of which the above four companies had reported wrongdoing. Honda revealed on October 4 that it is in talks with Yachiyo Kogyo to take over the vehicle assembly business and turn it into a wholly owned subsidiary. Currently Honda contracts Yachiyo to assemble vehicles with low production volumes. The formation of the new subsidiary is being considered as part of Honda's plans t...

OEM Plants  Updated at: 2025/09/26

the same month last year. With electric vehicle (EV) subsidies to be eliminated at the end of September, there was a rush demand for GM, Ford, and other vehicles. On the other hand, a cyber attack on CDK Global, a company that provides management systems for dealers, occurred in June 2024, causing contracts that were scheduled for that month to be delayed until July and August, which affected some manufacturers as the number of vehicles sold in ...

Market & Tech Reports  Updated at: 2025/09/26

tric medium- and heavy-duty trucks. BYD currently has orders for more than 140 all-electric trucks, with 70 of them to be delivered to 15 North American customers by the end of 2017. On August 9, BYD announced that it has been selected as one of the suppliers for the State of Georgia’s Statewide Contracts for Public Mass Transit & Transportation Vehicles, specifically for battery-electric buses. In addition, BYD was selected as one of the supp...

OEM Plants  Updated at: 2025/09/26

uring capacity in Germany alone over the next 4-5 years, while BMW Group will bring all European production in-house from 2028, despite outsourcing as much as 10-20% of it annually in the past. The result is falling demand for external manufacturing. Magna Steyr has been particularly affected, with contracts for Jaguar’s E-Pace and I-Pace ending in 2024, BMW’s 5-Series stopping in 2023, and production of the Toyota Supra and BMW Z4 scheduled ...

News  Updated at: 2025/09/26

made up of two co-located plants within its 96,640 square meters footprint. Recent Developments -In 2024, the Company’s GKN Powder Metallurgy division progressed in developing low heavy rare earth and rare earth-free magnets for EV motors, with a new production line expected to launch in H2/2025. Contracts GKN Automotive division-In the fiscal year ended December 31, 2024, the Company's GKN Automotive division won new contracts worth more than ...

Major Suppliers  Updated at: 2025/09/26

ple sources reported that the Mercedes Benz Vitoria plant would cut around 180 temporary jobs starting February 2025, as it reduces shifts from three to two on March 3, 2025, due to lower production. Management had informed staff representatives of this decision in late 2024. The affected temporary contracts will not be renewed, leading to job losses. On April 29, multiple sources reported that Spanish car factories have mostly resumed operations...

OEM Plants  Updated at: 2025/09/25

Valeo wins contract to supply Dual Layer HVAC system to major Chinese automaker Valeo Group (Valeo) has secured a new contract to supply its Dual Layer HVAC (Heating, Ventilation, and Air Conditioning) system to a leading Chinese automaker. The project is already in the detail design phase, with serial production scheduled to start in 2026. This order brings Valeo’s total in China to 10 contracts across 5 customers, representing a total value o...

News  Updated at: 2025/09/25

200MWh/100MWh respectively. On August 11, the BMW Group announced that it has implemented several projects in its packaging logistics to further save resources. As part of this initiative, the European plants will use more recycled material in their packaging. This will mean that, for newly awarded contracts, the proportion of recycled material in reusable packaging for logistics purposes will almost double this year from around 20% to over 35%. ...

OEM Plants  Updated at: 2025/09/25

on workers. On September 27, Mercedes-Benz employees at the São Bernardo do Campo plant in Brazil stopped working rejected the Voluntary Dismissal Program (PDV) proposal presented by the company. Mercedes-Benz seeks to lay off 2,200 workers in logistics and other areas, and not renew the temporary contracts of another 1,400 employees by December 2022. On November 13, workers at Mercedes-Benz plant in in São Bernardo do Campo approved a proposal...

OEM Plants  Updated at: 2025/09/25

for connected vehicles. (From an announcement by the company on September 7, 2016) Samsung SDI Co. Ltd. will acquire the entire battery pack business from Magna Steyr, an Austria-based operating unit of Magna International, including all 264 employees, production and development sites and existing contracts of the business. The acquisition is expected to enhance Samsung SDI's capabilities in batteries for electric vehicles. The transaction is ex...

Major Suppliers  Updated at: 2025/09/25

operative in March 2012. Under the initial plans, the start of production was scheduled for the middle of 2009, however, it was suspended due to the economic downturn since last fall and the production cuts by its customers. The Company has now decided to go ahead with its original plan as the new contracts in Thailand has been on steady track to recovery and its existing facility, by itself, cannot support future business expansion, space-wise....

Major Suppliers  Updated at: 2025/09/25