Brose Fahrzeugteile GmbH & Co. KG Business Report FY2011

Business Highlights

Financial Overview

(in million euros)
  FY2011 FY2010 Rate of change(%) Factors
Sales 4,032 3,474 16.1 1)


Business Overview

-In line with the continuing high demand and numerous production starts, the company anticipates international sales to rise by 16% to more than 4 billion euros in 2011.


-The Company announced that its North American production plant in Tuscaloosa (Alabama) will be equipping the Mercedes C-Class in U.S. with door and seat systems from 2014. The new customer project for the C-Class will take the number of employees in Tuscaloosa from 172 to around 500 by 2015. From its Tuscaloosa plant Brose already supplies door systems for the Mercedes plant in Vance (Alabama), seat systems for Volkswagen in Chattanooga (Tennessee), and cooling fan modules for BMW in Spartanburg (South Carolina), and General Motors in Saltillo (Mexico). In addition, it recently started production of seat systems for Ford in Louisville (Kentucky) and in 2012 will also start supplying Ford in Hermosillo (Mexico). (From a press release on November 2, 2011)

-The Company and Great Wall Motors signed a strategic cooperation agreement. The Company (in China) will cooperate with Great Wall Motors in respect of door lock system, cooling fan and window lifter motor, etc. Before this agreement, the whole series of Great Wall Motors' models including Tengyi Voleex C30 and Florid Cross have been supported with the cooling fan system of Brose. (From a press release on June 30, 2011)

Joint Ventures

-The Company and SEW-Eurodrive GmbH & Co. KG concluded an agreement to establish a 50-50 joint venture called Brose-SEW Elektromobilitaets GmbH & Co. KG. The new entity, which will be headquartered in the German city of Bruchsal, will develop and produce drive systems and charging systems for electric and hybrid vehicles. SEW-Eurodrive, based in Bruchsal, Germany, is a supplier of gear motors. (From a press release on February 24, 2011)

-The Company and Mando Corporation of Korea agreed to form a 50:50 joint venture called Mando-Brose Corporation in Korea. The joint venture will develop and manufacture steering motors, supplying them to the local market. The new facility, which will be located in Incheon, is scheduled to start mass production in the first half of 2013. After production ramp-up, the Mando-Brose Corporation anticipates an annual business volume of 150 million euros. (From a press release on February 1, 2011)


-The Company announced that it has received "Supplier Innovation Award 2011" from the BMW Group for the development of the so-called "Smart Opener" - a system for the touch-free opening and closing of liftgates. (From a press release on November 9, 2011)

-The Company's five production plants were awarded the JLRQ award from Jaguar Land Rover. The automaker awards this prize to suppliers who meet the high requirements in terms of quality, customer satisfaction and continuous improvement. Brose's plant in Coventry (UK) supplies Jaguar Land Rover with seat systems and window regulators. The plants in Ostrava (Czech Republic) and Wuppertal (Germany) produce closure systems for the automaker. Tondela (Portugal) supplies drives for liftgates and trunk lids and Wuerzburg (Germany) produces cooling fan modules. (From a press release on March 16, 2011)

-The Compnay announced that Chinese car manufacturer Great Wall Motor Company Limited presented the Company's Asian headquarters in Shanghai, China with its Excellent Development Award. The award was given for the supplier's development work on the introduction of the Unilatch side door closure system. This system will be used in three vehicle models that are to be introduced gradually onto the Chinese market from April 2011. This will be the debut for Unilatch in Asia. Production is taking place at Brose's site in Changchun, where around 500,000 units will be produced each year in the first stage of the project. (From a press release on January 19, 2011)


R&D Structure

-Approx. 7% of turnover is invested product development and state-of-the-art production technologies each year. Some 2,500 engineers and technicians worldwide work on continual development of our products and processes.

Investment Activities

Capital Expenditures

(in million euros)
  FY2011 FY2010 FY2009
Overall 300 186 146

Investment Activities

-Brose Delloyd Automotive, the joint venture between Brose and Malaysia-based Delloyd Electronics opened its production facility in Rayong, Thailand. The plant will produce window regulators for the Ford-Mazda joint venture AutoAlliance Thailand. There are plans for further projects, which will entail an increase in the workforce from 30 to 70 employees by 2013. (From a press release on July 5, 2011)

-Mando-Brose Corporation signed an investment agreement with the city of Incheon, Korea. The company will invest 190 billion won to establish production and R&D facilities for electric motors. Construction is scheduled to start in August 2011 and be completed in April 2012. Mando-Brose is a 50:50 joint venture between Mando of Korea and the Company. (From a press release on July 1, 2011)

-The Company will build a new Asian headquarters in Anting, Shanghai, China. This building will provide offices for 450 employees working to meet Brose's demanding standards in the areas of development, procurement, sales, HR and IT. In addition, a test center, a prototype construction facility and an acoustics laboratory will be built on the same site, as well as a production hall that will start operating in August 2012. The groundbreaking ceremony for the new headquarters took place in April 2011. The company will also be starting operations at a production plant in Chongqing, an automotive center, in mid-2012. Around 250 people will work here producing seat systems, window regulators and closure systems. There are plans to localize more products here – in the long term the aim is for the entire Brose product portfolio to be produced in Chongqing. (From a press release on May 3, 2011)

-The Company opened its first production facility in India. The new plant in Hinjewadi, Pune will initially produce window regulators with annual production capacity of two million units, supplying them to both Indian and European markets. Start of series production is planned for April 2011. In September 2011, production will expand to include seat height adjusters. In the medium term the company plans to localize its entire product portfolio in India. (From a press release on February 7, 2011)