mmercial mode innovation and international business services. Specifically, the companies will seek cooperation in the fields of new energy, intelligentization, connectivity and lightweight vehicles. They plan to form partnerships in such fields as logistics, automotive finance, insurance services, aftermarket services and industrial investment. Additionally, the companies will strengthen their research and cooperation on such new commercial mode...

OEM Plants  Updated at: 2025/05/09

the Company reorganized its reporting structure, integrating the Bearings business division formerly under the Automotive Technologies division into the Industrial Division and renaming the new division as the Bearings & Industrial Solutions division. In addition, the Company renamed the Automotive Aftermarket division to the Vehicle Lifetime Solutions division. Automotive Technologies division Vehicle Lifetime Solutions division Bearings & I...

Major Suppliers  Updated at: 2025/05/09

velop a new passenger car of SAIC-GM-Wuling's Baojun brand. SAIC-GM-Wuling's existing technical center will shift its operations to the commercial vehicle development. Shanghai General Motors and the management committee of the Tianjin Economic Development Area have agreed on the construction of an aftermarket parts distribution center, which will cost 176 million yuan. The center will distribute parts to North China and Northeast China's nine pr...

OEM Plants  Updated at: 2025/05/08

ivision decreased while the Brain and Light Divisions’ sales increased. The decrease in sales was primarily driven by the high-voltage electric powertrain business, which was weighed down by lower production levels at certain European EV platforms. Organic OEM sales decreased by 2%, while organic aftermarket sales increased by 4% and organic miscellaneous sales grew by 19% compared to the previous year.2) Power Division-Sales in the Power Divi...

Major Suppliers  Updated at: 2025/05/07

20 major cities, including Shanghai, Beijing, Tianjin, Chongqing and Hangzhou.-ZF is made up of the following business units. Active Safety Systems Car Chassis Technology Electrified Powertrain Technology Electronics & ADAS Passive Safety Systems Commercial Vehicle Solutions Industrial Technology Aftermarket Active Safety Systems -Electronic stability control-Integrated brake control-Electric parking brakes-Electrically powered steering system...

Major Suppliers  Updated at: 2025/05/07

electric drive units.-The Company's business operations are comprised of four business segments: Business Segment Business Unit Original Equipment ・Lightweighting/Elastomer Technology ・Metal Sealing Systems & Drivetrain Components ・Metal Forming & Assembly Technology ・E-mobility Aftermarket   Engineered Plastics   Other   -For the fiscal year ended December 31, 2024, the Company's Original Equipment segment acco...

Major Suppliers  Updated at: 2025/05/06

PHINIA receives over 250 patents as standalone fuel systems company On April 30, PHINIA Inc., a leader in premium fuel systems, electrical systems, and aftermarket solutions, announced that its innovators have been named on over 250 patents since becoming a standalone company in July 2023. As a fuel systems spinoff of BorgWarner Inc., PHINIA has a longstanding patent legacy with over 6,000 patents issued to it over time. The company continues to ...

News  Updated at: 2025/05/03

announced the beginning of its strategy to integrate Vitesco’s capabilities into its South American operations, following the acquisition completed in October 2024. Starting in the third quarter of 2025, Schaeffler will launch a NOx sensor for heavy vehicles under the Vitesco brand, targeting the aftermarket sector. The NOx sensor launch is timely, as it addresses the growing demand in the replacement market, stemming from Proconve P7 (Euro 5 e...

News  Updated at: 2025/05/01

gy and divesting businesses that are not seen as core to the corporate strategy. ams OSRAM will continue to be a key supplier of automotive LED and optical components to Plastic Omnium. This transaction does not include other ams OSRAM technologies and products for automotive OEM and the automotive aftermarket. This acquisition represents an important milestone in Plastic Omnium’s smart bumper and tailgate strategy, addressing the lighting mark...

Major Suppliers  Updated at: 2025/05/01

an Kumar concurred, stating that recent Frost & Sullivan surveys showed EV infrastructure issues as the top concern for vehicle customers, supplanting range anxiety. Additionally, Brandon Boyle raised the issue of whether dealerships are incentivized to sell EVs, as EVs offer less opportunities for aftermarket business and services, which are generally the dealership's primary source of profit. Stephanie Valdez Streaty highlighted financial incen...

Market & Tech Reports  Updated at: 2025/04/30

business groups: Business Area  Business Group Activities For the automotive market Seals and Vibration Control Technology Freudenberg Sealing Technologies -Sealing products and technologies for automotive and general industry applications.-Under the Corteco brand, it manufactures automotive aftermarket products. ● Freudenberg Flow Technologies -Industrial seals for oil, gas, renewable energy and other markets.-Under the EagleBurgmann ...

Major Suppliers  Updated at: 2025/04/26

trian Collision Warning (PCW)      -Traffic sign detection-Head lamp control Binary Headlamp Control (FLA/AHBC/AHC/IHC) Intelligent Light Ranging (ILR/StFLA) Non-Glaring High beam Control (NGHB) -Rear camera applications-Surround view systemsCollision Avoidance Systems-Mobileye 5-Series for aftermarket Forward Collision Warning (FCW) Pedestrian Collision Warning (PCW) Headway Monitoring Warning (HMW) Lane Departure Warning (LDW) Intellig...

Major Suppliers  Updated at: 2025/04/26

ship with Israel-based Argus Cyber Security Ltd. on a cyber security solution for automobiles. Both companies will collaborate to provide automakers with a solution that protects a vehicle's on-board systems from being hacked. Argus provides cyber security services for automakers and the automotive aftermarket. This partnership allows Magna to offer a complete integrated package by utilizing Argus's Intrusion Prevention System solution and cloud-...

Major Suppliers  Updated at: 2025/04/25

ated. Meanwhile, Wega is strengthening its local presence with a BRL 22 million investment in a customer service and training center in Itajaí, SC, and an additional BRL 15 million in a research and development lab for OEM clients, set to open in late 2025. Wega supplies 90% of its products to the aftermarket and serves 10 automakers as OEM. In 2023, it delivered 4 million filters monthly in Brazil, earning BRL 700 million, and expects an 18% re...

News  Updated at: 2025/04/25

reas: Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, and eight business units: Active Safety Systems, Car Chassis Technology, Electrified Powertrain Technology, Electronics & ADAS, Passive Safety Systems, Commercial Vehicle Solutions, Industrial Technology, and Aftermarket. Currently, it is a mega-supplier with approximately 169,000 employees, 162 manufacturing sites in 31 countries, and 19 development center...

Market & Tech Reports  Updated at: 2025/04/24

sales and service, and other areas to develop a new NEV smart car model. Battery swap partnership (CATL) On January 10, 2025, the company announced that it would enhance its strategic partnership with CATL. SAIC will deepen the alliance in areas such as technology co-creation, vehicle and battery aftermarket, overseas business expansion, and vehicle-electricity separation. China FAW Group Micro commercial vehicle project On March 20, 2025...

Market & Tech Reports  Updated at: 2025/04/24

tion, depending on demand. Mahle already supplies Battery Thermal Management Systems (BTMS) to Marcopolo and is in talks to provide the same system to another automaker. Globally, Mahle manufactures electric motors in Germany for Mercedes-Benz and in India for motorcycles. Evandro Tozati, Mahle’s Aftermarket General Manager, shared that the company has grown 2.5 times in Brazil’s aftermarket sector since 2020, launching 1,200 new items in 202...

News  Updated at: 2025/04/24

year ended December 31, 2024, increased by 7.3% over the previous year to USD 24,878 million, driven by an increase in organic sales of 8%. The organic growth was caused by increased demand in the Electrical Americas and Electrical Global business segments; increased demand in commercial OEM and aftermarket and military OEM in the Aerospace business segment; and growth in the European region in the eMobility business segment. These increases ...

Major Suppliers  Updated at: 2025/04/23

automotive industry, to strengthen its overall inflator technology portfolio. (From a press release on May 15, 2007) Delphi Corporation and certain of its affiliates (collectively, "Delphi") has entered into a sale and purchase agreement with Belgium-based Umicore for the sale of its global OE and aftermarket catalyst business, Delphi officials announced on June 6, 2007. As part of Delphi's transformation plan, which was announced on March 31, 2...

Major Suppliers  Updated at: 2025/04/23

y pilot in Ann Arbor, Michigan, U.S. Used in US DOT safety pilot in Ann Arbor, Michigan, U.S. Integrates GPS, DSRC, and Bluetooth; range exceeds 50 meters; Integrates GPS and Wi-Fi; Achieves Industrial Grade NEMA rating to allow for outdoor deployment Includes roadside units, on-board units, and aftermarket systems Will be used by Wyoming Department of Transportation at pilot sites for connected vehicles Will be used by Wyoming Department of T...

Major Suppliers  Updated at: 2025/04/23