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Profile
ADVICS
Japan/Korea / Japan
In 2017, ADVICS focused on consolidating its functions with Aisin Seiki and Hosei Brake Industry.  As of April 2016, AISIN Group consolidated its development and production functions of controlled brake business under ADVICS, as part of the Chassis & Vehicle Safety System VC. The company will develop brakes, chassis, and automated driving systems to further the pe...
18-Apr-2019
Profile
Fras-Le
South America / Brazil
Fras-Le, thanks to the take-over by Randon, has grown into the leading supplier of friction products in Brazil and Latin America. The Randon group is expanding successfully, is financially stable and has a strong management team, which is positive for Fras-Le’s long-term outlook. The company’s push into international markets, with production facilities now in China and...
18-Apr-2019
Profile
Fuji Kiko
Japan/Korea / Japan
~TBL:contracts~ Fuji Kiko has one main R&D facility in Japan. The company employs 370 engineers, of which 60% are located outside of Japan at the company’s various overseas subsidiaries. Fuji Kiko has the following technical assistance agreements in place: Keiper – seat reclining mechanisms and head-rest adjusters. Winkelman Panhoff – drive ...
18-Apr-2019
Profile
Fuji Oozx
Japan/Korea / Japan
For the year ending 31 March 2016, Fuji Oozx saw a 3.5% increase in total sales from JPY16,903m (USD141.3m) to JPY17,503m (USD155.6m). Operating income increased by 37.5% and net income by 33.8%. Profitability also improved significantly, with operating income margin increasing from 6% to 8%. Fuji Oozx posted a JPY502m (USD4.5m) extraordinary gain in relation to the dissol...
18-Apr-2019
Profile
Fujikura-Global headquarters
Japan/Korea / Japan
Fujikura group categorizes its business into the following segments: Power and Telecommunication Systems (accounted for 53% of FY2015/16 sales) Electronic Business (24%) Automotive Products (20%): For the automotive industry, Fujikura manufactures wire harnesses and several types of sensors for OEMs. These products are used in vehicles’ electrical distribution ...
18-Apr-2019
Profile
Aerospace Electromechanical
Greater China / China
Established in 1998, Shanghai Aerospace Automobile Electromechanical Co. (SAAE) is engaged in research, development, production and sale of three segment products, which are Photovoltaic Batteries, Automotive Components and New Materials. Since June 1998, SAAE has been listed on Shanghai Stock Exchange under stock name “Aerospace Electromechanical” with stock code 6001...
17-Apr-2019
Profile
Aptiv
Europe / Ireland
Aptiv is a supplier to all of the top 25 OEMs across the globe. In FY2018, the company’s revenues were generated primarily from the following OEMs: General Motors - 11% Volkswagen Group - 9% Fiat Chrysler Automobiles - 9% Ford Motor Company - 7% SAIC General Motors Corporation Limited - 5% PSA Peugeot Citroën - 5% Geely Automobile Holdings Limited -...
16-Apr-2019
Profile
Delphi - Global Headquarters
Europe / United Kingdom
Over the last few years, Delphi has established a worldwide design and manufacturing footprint with a regional service model that enables it to efficiently and effectively serve its global customers from low cost countries. The regional model is structured primarily to service the North American market from Mexico, the South American market from Brazil, the European market...
16-Apr-2019
Profile
Aluminium du Maroc
Middle East/Africa / Morocco
For the year ended 31 December 2014, ALM saw a 0.1% increase in total sales from MAD719.7m (USD87m) to MAD720.4m (USD79.6m). Operating income increased by 12.3% and net income by 0.9%. Cost-cutting led to a slight increase in operating income margin from 6.5% to 6.6%. ~FINANCE_TABLE~ ALM is not a major supplier to the automotive industry, but this could change, if ...
15-Apr-2019
Profile
Atlas BX
Japan/Korea / South Korea
For the year ended 31 December 2013, Atlas BX saw a 0.5% decrease in total sales from KRW475.2bn (USD446.7m) to KRW472.8bn (USD444.4m). The company suffered from lower than expected sales in Europe and China. Operating income declined by 15.1% and net income by 2.1%. Profitability also eroded, with operating income margin declining from 15.2% to 13%. ~FINANCE_TABLE~ ...
15-Apr-2019
Profile
Caparo India
Other Asia / India
~TBL:contracts~ Being privately-owned, Caparo India is not obliged to provide details of its financial results. Although Caparo India has diversified its presence in the country in the past decade, the company continues to depend on Caparo Maruti for growth. The group entered the Indian market nearly two decades ago, in 1994, when it formed a joint-venture with Mar...
15-Apr-2019
Profile
FAWAY
Greater China / China
During the financial year ended 31 December 2017: FAWAY: recorded sales of CNY12.7 billion (USD1.95 billion, 31 December 2017), an increase of 6% compared to CNY12.0 billion (USD1.73 billion, 31 December 2016) in 2016; operating income of CNY359 million (USD55 million, 31 December 2017), a decrease of 1% compared to CNY362 million (USD52 million, 31 December 2016) in...
15-Apr-2019
Profile
FAWER
Greater China / China
FAWER Automotive Parts Co. is a large-scale Chinese enterprise manufacturing and selling automotive components. The company was established in September 1998, with a total investment of CNY6.1 billion (USD922.6m) inclusive of a registered capital of CNY1.12 billion (USD169.4m), as a joint venture between FAW, Jilin Tianyi Investment Ltd, Jilin Yadong Investment Management ...
15-Apr-2019
Profile
Flex - Global Headquarters
Other Asia / Singapore
The company manufactures and supplies lighting products (both interior and exterior), active safety, power controls and connectivity/infotainment products for the automotive industry. As of July 2015, the company is known as Flex. Automotive is part of the company's High Reliability Solutions division, which accounted for 12% of total sales in 2013/14. The comp...
15-Apr-2019
Profile
Freudenberg - Global Headquarters
Europe / Germany
In 2016, Freudenberg spent EUR371.9 million (USD420.1 million, 31 March 2016) on its R&D activities, up 18% year-on-year (y/y).  Freudenberg reported a 15.1% year-on-year (y/y) decline in net profit to EUR553.2 million (USD632.7 million) for the fiscal year ended 31 December 2018. sales for the period grew 1.7% y/y to EUR9.4 billion, driving a 3.8% y/y growt...
15-Apr-2019
Profile
Gates - Global Headquarters
North America / United States
Gates operates facilities in the United States, Europe and Japan that focus on the introduction of new and improved products with a particular emphasis on energy. Research and development  (R&D) expenditures amounted to USD47.2 million for fiscal 2013, USD45.6 million for fiscal 2012, and USD51.4 million for fiscal 2011. Gates’ growth in North America, parti...
15-Apr-2019
Profile
Gentherm - Global Headquarters
North America / United States
For the year ended 31 December 2018, Gentherm reported a growth of 5.3% year on year (y/y) in its product revenue to USD1.04 billion. Net income during the year grew by 18.9% y/y to USD41.8 million. Operating income during the year, however, fell 25% y/y to USD72.7 million. Gentherm’s Automotive segment recorded a revenue growth of 7.9% y/y to USD948.5 million in 2018...
15-Apr-2019
Profile
STMicroelectronics
Europe / Switzerland
STMicroelectronics is a global semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor products. The company’s product portfolio covers diverse applications in automobiles, from powertrain and safety systems, to car body and infotainment solutions. The company ranks number one in industrial products, number two in wireless, a...
15-Apr-2019
Profile
Texas Instruments
North America / United States
Texas Instruments serves a large number of customers with its semiconductor devices used in multifunctional audio products, custom and catalog analog products, embedded processing products and application – specific system-on-a-chip (SoC) solutions. The digital signal controllers of Texas Instruments are increasingly being employed in new automotive applications such as ...
15-Apr-2019
Profile
Timken - Global Headquarters
North America / United States
Timken is one of the leading manufacturers of engineered anti-friction bearings, alloy steel and power transmission components. The company serves OEMs, aftermarket and motorsports segments. In September 2013, Timken’s Board of Directors approved a plan to separate the company’s steel business from its bearings and power generation business. Under the plan, the compan...
15-Apr-2019
Profile
Tower International - Global Headquarters
North America / United States
Tower International is one of the global manufacturers of engineered structural metal components and assemblies. The company supplies body-structure stampings, frames, chassis structures, suspension components and complex welded assemblies to the automotive industry. In the financial year ended 31 December 2016, the company derived 67% of its total sales from North America...
15-Apr-2019
Profile
Nokia
Europe / Finland
In 2012, Nokia spent EUR4.7bn (USD6.3bn, 31 December 2012) on its research and development, versus EUR5.5bn (USD7.2bn, 31 December 2011) spent in 2011. In August 2014, Ford and Nokia's map subsidiary company HERE are testing on a system that would manage the energy efficiency of plug-in hybrid vehicles. Currently called GreenZone, the system would enable drivers to ent...
12-Apr-2019
Profile
Novelis - Global Headquarters
North America / United States
Novelis reported a net income of USD45 million for the full year (FY) ended 31 March 2017, compared with a net loss of USD38 million in the previous financial year. Excluding special items, the company’s net income jumped 78% year-on-year (y/y) to USD233 million. Net sales for the period declined 2.8% y/y to USD9.6 billion. Income before income taxes stood at USD197 mill...
12-Apr-2019
Profile
Owens Corning - Global Headquarters
North America / United States
Owens Corning is a supplier of structural and acoustic composite solutions to the global automotive industry. The company is a market-leading innovator of glass fibre technology. Its major markets are North America and Europe. Owens Corning operates in three reportable segments: Composites (accounted for 35% of 2015 sales), Insulation (33%) and Roofing (32%). The autom...
12-Apr-2019
Profile
Parker Hannifin - Global Headquarters
North America / United States
Parker Hannifin posted a 20.3% year-on-year (y/y) decline in net income to USD806 million in FY16. Income before income taxes declined 22.2% y/y to USD1.14 billion. Net sales declined 10.6% y/y to USD11.4 billion. The company operates through two segments – Diversified Industrial, and Aerospace. Sales at the Diversified Industrial segment, which caters to the automoti...
12-Apr-2019
Profile
Shiloh Industries
North America / United States
Shiloh is expected to perform well in coming years driven by continued growth in vehicle production in North America for the rest of this decade (2020). According to IHS Automotive, light vehicle production in North America is forecast to increase from 19.9 million in 2014 to over 21 million in 2017. Apart from continuing growth in vehicle production, Shiloh, as provider o...
12-Apr-2019
Profile
SiriusXM Holdings Inc
North America / United States
SiriusXM is a satellite radio service provider in the United States. The company operates a subscription-based, digital satellite radio broadcasting system with OV channels of commercial free music and entertainment programming to listeners throughout the US and Canada. The company is also a provider of telematics and connected vehicles services to certain major automotive...
12-Apr-2019
Profile
Stoneridge - Global Headquarters
North America / United States
Stoneridge’s net income increased more than threefold year-over-year (y/y) to USD77.4 million in the fiscal year ended 31 December 2016. Net sales for the period stood at USD695.9 million, up 7.9% y/y. Higher sales helped the company post a 58.2% y/y  growth in operating income to USD44 million. In terms of segments, the company’s Control Device segment reported 2...
12-Apr-2019
Profile
Strattec Security - Global Headquarters
North America / United States
Strattec Security Corporation is one of the leading manufacturers of automotive locks and keys and a leading North American supplier of mechanical locks, electro-mechanical locks and related security products for major vehicle manufacturers and tier one suppliers. The majority of Strattec Security’s sales are generated by Chrysler, GM and Ford. The company has a custome...
12-Apr-2019
Profile
Superior Industries
North America / United States
Superior Industries is focusing on its core aluminium wheel business as the demand for aluminium is steadily growing worldwide. The company generates most of its sales from North America, and this could present a risk in the path of the company’s growth and its competitive advantage in the future. Nevertheless, for the moment, Superior Industries is benefiting from incre...
12-Apr-2019
Profile
Tenneco - Global Headquarters
North America / United States
~TBL:contracts~ Tenneco spent USD146 million on research and development (R&D) in 2015 compared with USD169 million in the previous financial year. The company has 15 engineering and technical centres worldwide. Tenneco uses tools such as computer-based prototyping, product simulations and virtual product development to reduce development time and costs associated ...
12-Apr-2019
Profile
Textron - Global Headquarters
North America / United States
Textron had completed its company-wide restructuring program in 2004-end resulting in improved returns at core businesses and to complete the integration of certain acquisitions. The company approved to a restructuring program in 2000, and the program was expanded in 2001 and in 2002, as part of Textron's strategy to improve operating efficiencies. The programme included c...
12-Apr-2019
Profile
AAPICO Hitech
Other Asia / Thailand
As a leading Thai automotive supplier, AAPICO’s performance is closely tied to vehicle production and sales in Thailand. Although the company has been working hard to diversify its business, it still generates over 70% of total sales from its domestic market. In the short-term, AAPICO will be at the mercy of the performance of the Thai economy. AAPICO has also grown t...
11-Apr-2019
Profile
Adler Pelzer (previously known as HP Pelzer)
Europe / Germany
After being completely taken over by Adler Group in 2013, HP Pelzer looks to benefit from the sound financial backing that the company has recieved from the group. Now, functioning as Adler Pelzer Group, the company is expanding its footprint towards the Asisan market. Its recent joint venture in April 2017 with Japanese supplier Hayashi Telempu to develop innovati...
11-Apr-2019
Profile
Ahresty Corporation
Japan/Korea / Japan
In 2012, Ahresty launched its 10-year business plan called ‘Ahresty 10-Year Vision’: quality-focused overseas expansion organic growth (not through acquisitions) development of global business standards better oversight of overseas business better risk management Under this plan, Ahresty wants total sales reach to JPY154,000m (USD1...
11-Apr-2019
Profile
Aichi Steel
Japan/Korea / Japan
Established in 1940, as Toyoda Steel Works. The company was spun off from Toyoda Automatic Loom Works, when founder Sakichi Toyoda decided that the group needed a separate steel company. In 1943, the main, Chita steel plant was established. In 1945, the company changed its name to Aichi Steel. In 1995, the company acquired Philippine Forge Inc., subsequently re-named it Ai...
11-Apr-2019
Profile
Aisan Industry
Japan/Korea / Japan
Aisan Industry plans to leverage its strong presence in canisters and throttle bodies segments, and at the same time continue developing niche positions, such as becoming a successful niche player in the motorcycle fuel-injector market. The company is expanding its presence in growth markets, such as India and Thailand to capitalise on the automotive and motorcycle industr...
11-Apr-2019
Profile
Infineon - Global Headquarters
Europe / Germany
Infineon organises its business into the following operating segments: Industrial Power Control (16% of FY2015/16 sales), Power management & multimarket (32%) Automotive (41%), Chip Card & Security (11%).    In the Automotive segment, Infineon offers semiconductors, sensors, microcontrollers and power modules for applications including body & ...
11-Apr-2019
Profile
Martinrea - Global Headquarters
North America / Canada
~TBL:contracts~ In 2015, Martinrea spent CAD21.8 million (USD15.7 million, 31 December 2015) on its research and development compared with CAD18.3 million (USD15.7 million, 31 December 2014) in 2014. For the year ended 31 December 2018, Martinrea Industries reported a growth of 16.5% year-on-year (y/y) in its net income to CAD185.9 million (USD141.2 million). However,...
11-Apr-2019
Profile
Meidensha
Japan/Korea / Japan
As part of the company’s medium-term plan, Meidensha’s focus on the automotive sector has strengthened. Meidensha believes that expected surge in demand for PHEVs and EVs will drive its growth of its business, not just in terms of product sales but in terms of complementing services as well. IHS expects a 400% increase in production volumes for full-EVs and PHEVs by 20...
11-Apr-2019
Profile
Meritor - Global Headquarters
North America / United States
In the financial year 2014, Meritor spent USD71 million on research and development (R&D) which was flat compared with the previous year. ~TBL:contracts~ Meritor is executing its M2016 performance initiatives. The M2016 plan includes achieving 10% adjusted EBITDA margin for the full year 2016, and reducing net debt, including retirement benefit liabilities, by ...
11-Apr-2019
Profile
Metair Investments
Middle East/Africa / South Africa
~TBL:contracts~ All of Metair’s subsidiaries have their own in-house R&D departments. One of the focus areas is to manufacture environmentally-friendly products and processes. Metair does not disclose its total annual R&D expenditure. Established in 1948, as Airco Engineering. In 1964, the company became an OEM supplier to Toyota in South Africa. In 1967,...
11-Apr-2019
Profile
NXP - Global Headquarters
Europe / Netherlands
Royal Philips announced its decision to spin off its semiconductor division in December 2005. Later, a consortium of private equity investors consisting of Kohlberg Kravis Roberts & Co, Bain Capital, Silver Lake Partners, Apax Partners and Alpinvest agreed to acquire a controlling stake in Philips Semiconductors. Subsequently in September 2006, NXP Semiconductors was offic...
11-Apr-2019
Profile
Samsung SDI
Japan/Korea / South Korea
Samsung SDI has one R&D center in South Korea, the Giheung Central Research Center, which was re-located to Suwon in 2013 and re-named Battery R&D Center. In 2016, Samsung SDI spent KRW552 billion (USD458m, as on 31 December, 2016) on R&D, an increase of 2.5% over the previous year and equivalent to 10.6% of total sales. Samsung SDI is currently developing a...
11-Apr-2019
Profile
Sanden - Global Headquarters
Japan/Korea / Japan
Sanden has been pursuing business in overseas markets, especially emerging markets, which has helped it record high net sales for the second year in a row. The company has made investments in facilities in both China and Mexico. Sanden is also working towards improving productivity and structural reform of global productivity. Sanden plans to implement actions to create...
11-Apr-2019
Profile
SK Innovation
Japan/Korea / South Korea
SK Innovation is a leading energy and petrochemical company based in Korea. The company’s core businesses involve manufacture and sale of petroleum and petrochemical products as well as production of lubricants. In July 2007, SK Corporation was split into a holding company structure, leading to the formation of SK Holdings and SK Energy. SK Energy focuses on the company...
11-Apr-2019
Profile
UQM Technologies
North America / United States
In FY 2014/15, the company spent USD1.1 million in R&D versus USD0.2 million in FY 2013/14. For the year ended 31 December 2017, UQM Technologies reported a growth of 38.2% year-on-year (y/y) in revenue to USD7.8 million. For the 12-month period, UQM also managed to shrink its net loss significantly to USD4.8 million, down from USD13.9 million in 2016. Total revenue f...
11-Apr-2019
Profile
Visteon - Global Headquarters
North America / United States
Visteon has completed the transformation from being a multiple solution provider to a pure-play electronics company with the segment contributing USD3.1 billion to total company sales in 2017 compared to USD1.3 billion in 2012. As vehicle cockpits around the world become increasingly digitalized, Visteon appears to be well-positioned to capitalize on opportunities as ...
11-Apr-2019
Profile
Adient - Global Headquarters
North America / United States
~TBL:contracts~ For the full year ended 30 September 2017, Adient reported a net income of USD877 million for the full year ended 30 September 2017, compared with a  net loss of USD1.5 billion in the same period a year ago. Net sales for the period were down 3.4% y/y to USD16.2 billion. Despite lower sales, EBIT for the period grew more than threefold year on year (y...
10-Apr-2019
Profile
MANN+HUMMEL - Global Headquarters
Europe / Germany
MANN+HUMMEL is one of the leading manufacturers of filters, air intake systems and other components for the automotive industry. The company also manufactures products for the engineering industry and plastic processing industry. It supplies to both OEMs and the automotive aftermarket. The company organizes its business in four main segments: Automotive OE division:...
10-Apr-2019
Profile
Maxwell Technologies - Global Headquarters
North America / United States
Maxwell Technologies is one of the leading manufacturers of ultracapacitors for the automotive industry. The company also develops high-voltage capacitors and radiation-mitigated microelectronic products for other industries such as industrial electronics and telecommunications. Maxwell Technologies business is divided into three product lines, • Ultracapacitors ...
10-Apr-2019
Profile
MBM Resources
Other Asia / Malaysia
MBMR does not disclose its R&D efforts or annual expenditures. HHB has had a technical assistance agreement with Rieter Automotive International (now Autoneum International AG) since 1997 to transfer technology for damper products. The company is one of the world’s leading manufacturers of acoustic and thermal control systems. This agreement was extended to includ...
10-Apr-2019
Profile
Mikuni Corporation - Global Headquarter
Japan/Korea / Japan
~TBL:contracts~ Mikuni’s main R&D facility is located in Japan at the Odawara Plant. The company also has three R&D centres overseas, in China, Thailand and the US. In the US, Mikuni has a testing facility for engine-related components. In 2016, the company spent JPY4,322m (USD38.4m) on R&D on a consolidated basis, an increase of 1.5% from the previous year ...
10-Apr-2019
Profile
Saint-Gobain - Global Headquarters
Europe / France
~TBL:contracts~ In 2016, Saint-Gobain reported1% year-on-year (y/y) increase in research and development expenses to EUR438 million (USD461.4 million) as compared to previous year. Saint-Gobain reported a 73.2% year-on-year (y/y) decline in net income to EUR420 million (USD480.3 million) for the fiscal year ended 31 December 2018. The company’s sales increased 2.4% y/y...
10-Apr-2019
Profile
Westport Fuel Systems
North America / United States
Westport Fuel Systems is a transportation technology company. In 2016, Fuel Systems Solutions merged with Westport Fuel Systems. In June 2016, the merger of these two leaders created Westport Fuel Systems. The company invents, engineer, build and supply the most advanced clean-burning fuel systems and components. The company serve their customers in more than 70 countries...
10-Apr-2019
Profile
BASF - Global Headquarters
Europe / Germany
BASF’s recent expansion in polyurethanes and butadiene products is expected to open new business opportunities. With the acquisition of Ciba, Merck KGaA, Mazzaferro Group, ITWC and Cognis, the company’s portfolio has expanded to include innovation-driven businesses that are growing faster than the industry average. Going forward BASF hopes emerging markets will driv...
09-Apr-2019
Profile
CEAT
Other Asia / India
CEAT aims to be one of the top three leading tiremakers in India. However, the company has failed to catch up with the strong growth recorded by major local tiremakers such as Apollo Tyres, MRF and JK Tires. For several years, the CEAT has had to grapple with several challenges such as increasing competition, wrong product positioning and less-than ideal plant location whi...
09-Apr-2019
Profile
CLN Group
Europe / Italy
The growth strategy of CLN Group is underpinned by diversification in product range through joint-ventures. Considering the series of JVs made by the company, CLN Group is well set to expand its sales and add new customers. With major automakers establishing their presence in Mexico, the company’s move to open a plant in Mexico is a step forward in the right directi...
09-Apr-2019
Profile
Navistar - Global Headquarters
North America / United States
Navistar’s focus is on improving its core North America Truck and Parts businesses. The company is continuing to evaluate opportunities to restructure its businesses and rationalise manufacturing operations in an effort to optimize cost structure. Navistar also intends to develop niche businesses with higher margins. The company has been generating a major part of its re...
09-Apr-2019
Profile
NEC Corporation
Japan/Korea / Japan
NEC has established a new mid-term management plan, covering a three-year period through the fiscal year ending 31 March 2021. Through the implementation of the Mid-term Management Plan 2020, the NEC Group will address the reorganization of its profit structure to generate a 5% operating income ratio and an ROE of 10%. For the financial year ending 31 March 2021, NEC...
09-Apr-2019
Profile
Nemak (Alfa) - Global Headquarters
North America / Mexico
Nemak, which operates three plants in Mexico, continues to concentrate on global expansion to cater to increased demand for automobiles globally. The company continues to concentrate on global expansion to cater to increased demand for automobiles globally. The company opened plants in China and Russia in 2013. In 2015, Alfa's Nemak won new contracts worth USD1.2 billi...
09-Apr-2019
Profile
Nexen Tire
Japan/Korea / South Korea
Nexen Tires (Nexen) is South Korea’s third largest automotive tire maker, behind Hankook Tire and Kumho Tire. It holds a market share of about 25% of the South Korean REM tire market. The REM market remains Nexen’s main business, generating 85% of the company’s total sales. Established in 1942, as Heung-Ah Rubber Industry, the company began manufacturing its firs...
09-Apr-2019
Profile
Nexteer Automotive - Global Headquarters
North America / United States
Nexteer sees significant growth opportunities in the near future, especially in the light of growing consumer demand for EPS systems over HPS (Hydraulic Power Steering) systems. The increasing demand will not only prompt the company to expand in the overseas production, but also in its domestic market. The company has already implemented expansion plans in the light of sig...
09-Apr-2019
Profile
NHK Spring - Global Headquarters
Japan/Korea / Japan
NHK Spring is working to expand its overseas business and reduce its dependency on the Japanese market. The company generates around 50% of its sales from its domestic market. Several Japanese automakers are pursuing international business expansion strategy with an aim to improve competitiveness in long-run, reduce dependence on exports from Japan. The strategy will also ...
09-Apr-2019
Profile
Nichicon Global Headquarters
Japan/Korea / Japan
The company divides its business operations among the following segments: Capacitor for electronics (contributed 63.4% to FY 2015/16 sales): manufactures electrolytic capacitors, plastic film capacitors and positive thermistors. These products are mainly manufactured for the automotive sector Circuit products (contributed 25% to FY 2015/16 sales): manufactures prod...
09-Apr-2019
Profile
Nichirin
Japan/Korea / Japan
Nichirin has done well to turn its business around, since posting net losses in 2009. Part of this has been achieved by reducing production costs, streamlining production processes and expanding its overseas production capabilities – the significant increase in operating income margin illustrates this, from a low of 2.4% in 2008 to a high of 11.3% in 2015. The company co...
09-Apr-2019
Profile
NIDEC Corporation
Japan/Korea / Japan
By utilising parent NIDEC Corporation’s sales network for automotive motors, sales synergies are also anticipated as NIDEC Elesys is expected to have a greater opportunity to sell its products beyond the Honda group. By integrating its business with NIDEC Corporation, NIDEC Elesys could expand its sales to a larger customer base. Suppliers are focusing on developing and ...
09-Apr-2019
Profile
PPG Industries - Global Headquarters
North America / United States
~TBL:contracts~ In the financial year ended 31 December 2016, PPG’s net expenditure on R&D was USD466 million over USD476 million in 2015. PPG conducts research both in-house as well as through outsourcing. Additional process and product research and development work is also undertaken at its manufacturing plants across major markets. The company’s main researc...
09-Apr-2019
Profile
SABIC Innovative Plastics - Global Headquarters
North America / United States
For the financial year ended 31 December 2014, SABIC's growth in net sales declined 0.9% year-on-year (y/y) to SAR188.12 billion (USD50.1 billion, 31 December 2014). Operating income decreased 10.7% y/y to SAR37.96 billion (10.1 billion), while net income decreased 7.6% y/y to SAR23.34 billion (USD6.2 billion). Separate financial details for SABIC Innovative Plastics a...
09-Apr-2019
Profile
SGL Carbon SE
Europe / Germany
In December 2018, SGL Carbon announced that it would supply carbon fibers and fabrics for a number of components of BMW’s iNEXT electric vehicle, beginning 2021. The materials will be manufactured at the company’s Moses Lake plant in the United States, and the Wackersdorf site in Germany. In April 2018, SGL Carbon announced that it would supply its SIGRATEC gas diffu...
09-Apr-2019
Profile
Aisin AI Thailand
Other Asia / Thailand
Aisin AI Thailand is the Thai subsidiary of Japan’s Aisin AI, a leading manufacturer of drivetrain components and a wholly-owned subsidiary of Aisin Seiki. Established to supply Toyota’s Thai operations with manual transmissions (MTs) and transfers, Aisin AI Thailand is firmly entrenched in the Toyota Group of suppliers in Thailand.  Aisin AI has well-establis...
08-Apr-2019
Profile
Bayer
North America / United States
Bayer is a significant first and second tier supplier to the global auto industry with a broad range of products for numerous vehicle interior and exterior applications. Bayer has a strong technological position in its key product areas and this underpins its future prospects. Content per vehicle of plastics and polymers is growing. This and new products which provide OEMs...
08-Apr-2019
Profile
Birla Tyres
Other Asia / India
Birla Tyres is one of the leading tire manufacturers in India after Apollo Tyres, MRF, JK Tyres and CEAT Tyres. However, high growth of the Indian automotive industry has encouraged several international tiremakers to enter the local tire market. Global tire makers such as Michelin, Bridgestone, Continental and Yokohama are gearing up for greater presence in the Indian tir...
08-Apr-2019
Profile
Dongfeng Technology
Greater China / China
During the financial year ended 31 December 2017, Dongfeng Technology recorded sales worth CNY6.10 billion (EUR782 million 31 December 2017), an increase of 17% compared to CNY5.22 billion (EUR715 million 31 December 2016) in 2016; operating income of CNY314 million (EUR40 million 31 December 2017), an increase of 18% compared to CNY269 million (EUR37 million 31 December 2...
08-Apr-2019
Profile
Double Coin
Greater China / China
Initially founded in 1990, Shanghai Tire Rubber (Group) Ltd. changed its name to Double Coin Holdings Ltd. (DCHL) in 2007. Double Coin was named a China Renowned Trademark. Since 1992, DCHL has been listed on Shanghai Stock Exchange under stock name “Double Coin Stock” with stock code 600623. Since 2015, the company has been affiliated with Shanghai Huayi Group Corp, w...
08-Apr-2019
Profile
Double Star
Greater China / China
Initially founded in 1921 as a shoe factory and changed to China State No. 9 Rubber Factory in 1956, Qingdao Double Star Co. has become a comprehensive group engaged in four business sectors – tires, shoes, machinery and thermal power. Double Star has been named a China Top 500 Enterprise since 2003, and its brand “Double Star” has been awarded a China Renowned Trade...
08-Apr-2019
Profile
Elmos Semiconductor
Europe / Germany
Elmos invested EUR35m (USD46.2m, 31 December 2012) in research and development in FY2012, marking a decline of 7.6% y/y from EUR32.5m (USD42m, 31 December 2011) in FY2011.  In the financial year ended 31 December 2012, Elmos reported net sales of EUR180.1m (USD237.9m, 31 December 2012), a drop of 7.3% year-on-year (y/y) from EUR194.3m (USD251.5m, 31 December 2011)...
08-Apr-2019
Profile
Fangda Tegang (former Jiangxi Changli)
Greater China / China
During the financial year ended 31 December 2017, Fanda Tegang: recorded sales of CNY13.9 billion (EUR1.79 billion, 31 December 2017), an increase of 56% compared to CNY8.92 billion (EUR1.22 billion, 31 December 2016) in 2016; exports of CNY144m (EUR18 million 31 December 2017), an increase of 61% year-on-year; operating income of CNY3.29 billion (EUR421 million 31 D...
08-Apr-2019
Profile
Fuel Systems Solutions
Europe / Netherlands
Fuel Systems Solutions has completely integrated BRC in its operation and plans to benefit from new product development. Alternative fuel vehicles in Europe are increasingly being adopted in the light of tighter emissions control regulations. The European Union has set a target to replace 20% of their liquid fuelled vehicles with gaseous fuels by 2020. ~TBL:contracts~ ...
08-Apr-2019
Profile
Fujitsu
Japan/Korea / Japan
Fujitsu stands to gain from the growing market for electronics in vehicles. Its strategic shift towards application specific and custom-built ICs will earn it higher margins, while moving away from production of semiconductors and chips will improve the company’s cost base. The demand for car navigation system is expected to increase worldwide, due to expansion of roa...
08-Apr-2019
Profile
Hirschvogel
Europe / Germany
~TBL:contracts~ Hirschvogel is a privately-owned company, therefore it does not publish detailed financial information. In 2014, the company generated sales of EUR872 million (USD1 billion, 31 December 2014), compared with EUR810 million (USD1.1 billion, 31 December 2013) in FY 2013.  Hirschvogel has strengthened its international presence. The company has man...
08-Apr-2019
Profile
Kordsa Global
Europe / Turkey
Kordsa Global announced earnings results for the year ended December 31, 2012. For the year, net profit of the company decreased 54.7% to TRY39.7m (USD22.15m, 31 December 2012) from TRY87.7m (USD46.03m). For the year sales were up 12.5% to TRY1.4bn (USD781m) from TRY1.6bn (USD839.8m) in 2011. ~FINANCE_TABLE~ Kordsa Global experienced slow growth in 2011 as compared...
08-Apr-2019
Profile
Maxwell Technologies
Europe / Switzerland
Maxwell Technologies’ future growth in the global automotive market depends on the successful commercialisation of applications of ultracapacitors. The company’s efforts to team up with suppliers and OEMs are expected to help in the future. Ultracapacitor and electrode technologies are clearly the main drivers for the company’s future growth. Their main propertie...
08-Apr-2019
Profile
Mentor Graphics
North America / United States
In February 2010, Mentor announced that Asia Company, a Korea-based wire harness supplier to General Manager-Daewoo deployed the CHS software which significantly automated Asia’s development and helped cut design cycle time by up to 75%. Daimler Trucks is a Mentor customer for CHS electrical design software installed in Mercedes-Benz (Germany). Further, CHS is also...
08-Apr-2019
Profile
Polytec - Global Headquarters
Europe / Austria
~TBL:contracts~ Polytec will continue to pursue organic growth if the market is up and growing but will seek acquisition opportunities if market is down. In 2015, German Automotive Industry Association expects the worldwide car market to be 2% and estimates car sales to exceed 76.4 million units. China and United States will drive the growth, western Europe is also exp...
08-Apr-2019
Profile
Research Frontiers
North America / United States
Research Frontiers has witnessed net losses for many years, as until now the company’s sales consisted mainly of licence fees which have not been significant to date. However; it is expected that the company will soon become profitable, as sales of products made using its SPD technology have started well. This in turn will yield royalty for every vehicle sold which is de...
08-Apr-2019
Profile
Schneider Electric
Europe / France
Schneider Electric’s EVSE products are branded under the EVlink name. The company’s portfolio encompasses a range of Level 2 and Level 3 charging stations, namely the EVlink Parking, EVlink Wallbox & Smart Wallbox and the EVlink Fast Charge Solution. The Level 2 products are available with charging powers ranging between 7.7kW and 22kW, while the Level 3 products o...
08-Apr-2019
Profile
Amtek Auto - Headquarters
Other Asia / India
Amtek Auto is the flagship company of the Amtek Group which is a leading supplier of engine, transmission and suspension components in India. The company is also engaged in machining and sub-assemblies for automotive applications. (~TBL:contracts~) Amtek Auto emerged as the second largest automotive supplier in India, after market leader Motherson Sumi Systems Limited (M...
04-Apr-2019
Profile
Arconic
North America / United States
Arconic will continue implementing the company’s aggressive restructuring strategy to align its global operations. This is to maintain Arconic’s position as a leader in the markets it serves. Arconic’s financial performance in the recent quarters indicated a strong growth in the future. The planned divestments in 2019 are also expected to raise capital and allow the ...
02-Apr-2019
Profile
ArcelorMittal - Global Headquarters
Europe / Luxembourg
ArcelorMittal is prioritizing development of lightweight steel products for the auto industry. The company has made significant progress in this area and is expected to benefit from the growth of this market in the near future. ArcelorMittal is trying to capitalize on growth opportunities in Europe, China and India. Its investments in these countries are expected to contri...
01-Apr-2019
Profile
China VIE
Greater China / China
Initially established in 1973, China VIE Group was an early automotive supplier, specialising in research and development (R&D) and the manufacture of brake systems, automotive engineering plastics and clutch steering systems in China. For the five years up to 2008, VIE Group was named China’s 100 Best Automotive Supplier. The brand VIE was approved as a China Renown...
01-Apr-2019
Profile
Chongqing Sokon (formerly Yu'an-Sokon)
Greater China / China
During the financial year ended 31 December 2017, Sokon Group recorded sales of CNY21.9 billion (USD3.37 billion, 31 December 2017), an increase of 35% compared with CNY16.2 billion (USD2.21 billion, 31 December 2016) in 2016; operating income of CNY1.39 billion (USD213 million, 31 December 2017), an increase of 94% compared with CNY669 million (USD96 million, 31 December ...
01-Apr-2019
Profile
Deren Electronic
Greater China / China
Established in 1992, Shenzhen Deren Electronic Co. is engaged in research, development, production and sale of electric connectors, wire harnesses, precision molding and electronic components in both the automotive and household industries. Since July 2006, Deren has been listed on Shenzhen Stock Exchange, with stock name Deren Electronic under stock code 002055. During th...
01-Apr-2019
Profile
Dong'an Power
Greater China / China
During the financial year ended 31 December 2017, Dong’an Power recorded sales worth CNY1.81 billion (EUR232 million, 31 December 2017), a decrease of 29% compared with CNY2.54 billion (EUR347 million, 31 December 2016) in 2016; operating income of CNY42million (EUR5 million, 31 December 2017), a decrease of 40% compared with CNY69 million (EUR9 million, 31 December 2016...
01-Apr-2019
Profile
Chengshan
Greater China / China
During the financial year ended 31 December 2017, Pulin Chengshan recorded sales of CNY4.84bn (USD743m, 31 December 2017), an increase of 27% compared to CNY3.82bn (USD550m, 31 December 2016); operating income of CNY276m (USD42m, 31 December 2017), a decrease of 33% compared to CNY415m (USD60m, 31 December 2016); net income of CNY174m (USD27m, 31 December 2017), a decrease...
25-Mar-2019
Profile
China National Rubber
Greater China / China
CNRC: during the financial year ended 31 December 2014, recorded sales of CNY12.1 billion (EUR1.62 million, 31 December 2014), and total assets of CNY15bn (EUR2.01 billion, 31 December 2014). Pirelli: during the financial year ended 31 December 2017, Pirelli recorded sales of EUR5.35 billion, an increase of 8% compared with EUR4.98 billion in 2016; EBIT (earnings before...
25-Mar-2019
Profile
Jiangsu Gissing
Greater China / China
As a privately-owned company, the company does not publish its financial details. Initially founded in 1993 as Wuxi Gissing Automotive Parts Co. – a joint venture between Wuxi Jida Investment Ltd. and Taiwan Gissing International Group Corp. – Jiangsu Gissing Group was established in April 2013. The group is engaged in research and development,  product...
21-Mar-2019
Profile
Tuopu
Greater China / China
Tuopu has production lines on shock absorbers, interiors, chassis, and electronic and structural parts in over 5,000 applications. The company has widespread production facilities in China, including Ningbo, Shanghai, Qingdo, Yantai, Shenyang, Wuhan, Chongqing, Liuzhou, Pinghu, Guangan, Baoji, and Taizhou. In addition, Tuopu has one manufacturing plant in Brazil. Its...
21-Mar-2019
Profile
Auria Solutions
Europe / United Kingdom
As a privately-owned company, the company does not publish its financial details. IAC’s and Shanghai Shenda’s network of facilities across the globe has provided Auria with a large potential customer-base and geographical presence. Auria is expected to benefit considerably from the collective reach of its parent companies. The company’s efforts in developing ligh...
19-Mar-2019
Profile
Century Huatong
Greater China / China
Zhejiang Century Huatong Automotive Parts Co (CHT) is engaged in research, development, production and sale of plastic parts on heat exchanging systems, air conditioning systems, lighting systems, interior, exterior, seating systems, safety systems, as well as metal non-ferrous die-casting and metal stamping. CHT was named a China Top 100 Automotive Supplier. The brand “...
19-Mar-2019
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