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    From ‘eyes-off’ hype to ‘hands-free’ reality: Premium OEMs bet big on L2+
    While automakers from China to North America have publicly confirmed their intentions to pursue Level 3, others most notably the early adopter German premiums are subtly easing off their Level 3 ambitions as their latest Level 2+ systems come to market. BMW, Mercedes‑Benz and Stellantis all went to market with highly publicized Level 3 plans, and both German automakers have Level 3 systems in market today in very limited availability. But each has discovered that the combination of high cos...
    Insights
    BEV-native leadership and established OEM transition in SDV readiness
    The recent adoption by many original equipment manufacturers (OEMs) of an electrical/electronic (E/E) architecture based on zone controllers supporting a software-defined vehicle (SDV) is slowly replacing distributed electronic control architectures that rely on small pieces of control code housed and distributed widely inside isolated electronic control units (ECUs). This new approach centralizes the hardware processing and memory in fewer, more powerful control units that will house functional...
    Insights
    Yokohama Rubber supplies GEOLANDAR X-CV tires for Toyota C-HR electric SUV
    Yokohama Rubber is supplying its GEOLANDAR X-CV tires as original equipment to Toyota Motor for use on the all-new C-HR battery-electric sport utility vehicle, which was launched in North America in March. The electric SUV is fitted with tires in 235/50R20 100V size. The GEOLANDAR X-CV focuses on high-speed performance and drivability while achieving a high level of balance among safety, comfort, durability and fuel efficiency. It represents a new generation in highway terrain tires meeting t...
    News
    Jaguar Land Rover, Chery revive Freelander as independent EV brand in mainland China
    The joint venture between Chery Automobile and Jaguar Land Rover (JLR) announced the revival of the Freelander brand, unveiling an aggressive product road map aimed at mainland China's luxury electric vehicle market. At an event in Shanghai on March 31, Freelander was elevated to an independent brand that will roll out six EV models over the next five years, averaging one new vehicle every six months, with the first model slated to debut in mainland China in the second half of 2026. To suppor...
    News
    Kia commences production of all-electric EV2 in Europe
    South Korean carmaker Kia has begun production of the EV2, its second fully electric vehicle to be assembled in Europe, marking another step in Kia's electrification strategy for the region. The B-segment sport utility vehicle is being assembled at Kia Slovakia following a modernization program on the production lines that was completed in 2025. Soohang Chang, president and CEO at Kia Europe, said the start of production for the EV2 continues to verify the company's technical cap...
    News
    Tenneco Clean Air India plans new plant to expand DaVinci DCx suspension capacity
    Tenneco Clean Air India Ltd. is planning to set up a new plant to expand its manufacturing capacity for advanced ride technologies, driven by strong demand for its DaVinci DCx suspension systems, Autocar Professional reported, citing the company’s CEO Arvind Chandra. The patented suspension technology was first introduced in Mahindra & Mahindra's XUV 7XO sport utility vehicle and has since attracted significant interest from other original equipment manufacturers, with most automakers want...
    News
    Stellantis production disrupted by dispute with chassis module supplier ZF over payments
    A payment dispute between Stellantis ZF Chassis Modules (Windsor) has halted production at Stellantis' Toluca plant in Mexico for over two weeks and is threatening the automaker’s operations in Canada, CBT News reported March 27, citing a lawsuit filed by the Germany-based supplier in Michigan, US. Stellantis said the Toluca facility, which produces the Jeep Compass and Cherokee sport utility vehicle, has been shut down since March 14 after the supplier stopped shipping suspension modules a...
    News
    AutoTechInsight Weekly - 30 March 2026
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    News
    CLEPA survey shows automotive suppliers face higher profitability challenges in 2026
    Nearly one in four automotive suppliers in Europe expects to report losses in 2026, the European Association of Automotive Suppliers (CLEPA) reported in its Spring 2026 Pulse Check survey. According to the survey, 76% of automotive suppliers anticipate profitability below the sustainable level of 5%, a slight decline from the 70% noted in the previous survey in autumn 2025. Additionally, the percentage of suppliers expecting negative profitability has risen to 24%, up from 15%.  To manag...
    News
    Auto China 2026: Marelli plans to unveil over 20 innovations and 6 new product launches
    Marelli will unveil a wide array of new technologies at the Beijing International Automotive Exhibition in mainland China from April 24 to May 3. The exhibition will take place at the New China International Exhibition Center in Beijing, where Marelli's booth will feature over 20 innovations and six new product launches. These offerings utilize Marelli's combination of local expertise and global reach to offer scalable, affordable solutions that expedite customers' time-to-market in mainland Chi...
    News
    Toyota plans to invest $1 billion in its Kentucky and Indiana plants in the US
    Japanese automaker Toyota plans to invest $1 billion across its Kentucky and Indiana plants in the US, the company announced March 23, as it marked 40 years of its Kentucky plant, Toyota’s largest manufacturing plant worldwide. The carmaker said that the investment is part of its commitment to invest up to $10 billion in its US plants over the next five years. Notably, the company had first announced its $10 billion investment in the US in November 2025. Toyota said that of $1 ...
    News
    Nexteer Automotive reports strong growth in FY 2025 earnings as revenue rises 7.2% year over year to $4.6 billion
    Nexteer Automotive reported strong financial results for the year ending Dec. 31, 2025, with revenue rising 7.2% year over year to $4.6 billion. Adjusted for foreign exchange impacts and commodity recoveries, revenue increased 6.9%, outperforming the growth in vehicle production volume by 320 basis points. Strong performance in Asia-Pacific, which recorded 9.8% year-over-year increase in revenue to $1.5 billion, led the overall top-line growth. The company recorded profit ...
    News
    AutoTechInsight Weekly - 23 March 2026
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    News
    ZF reports improved organic sales, higher adjusted EBIT in FY 2025
    ZF Group reported a 6% year-over-year decline in sales to €38.8 billion in the fiscal year ended Dec. 31, 2025. Excluding M&A and currency effects, sales improved 0.6% organically. The company reported an earnings before interest and taxes loss of €1.1 billion compared to an EBIT gain of €170 million in 2024. The company concluded the fiscal year with a net loss of €1.8 billion, which nearly tripled compared to the net loss of €639 million in...
    Briefing
    Brembo’s FY 2025 sales declines 3.6% year over year to €3.7 billion
    Brembo reported a 3.6% year-over-year decline in sales to €3.7 billion in the financial year ended Dec. 31, 2025. On a like-for-like exchange rate basis, sales declined 1.6%. Lower sales impacted the company’s earnings, leading to a 7.4% year-over-year drop in earnings before interest, taxes, depreciation and amortization (EBITDA) to €612.1 million, resulting in an EBITDA margin of 16.5% compared to 17.2% in 2024. Brembo also recorded a 14.5% year-over-year decline in EBIT t...
    News
    BYD to invest $57 million in new automotive research and testing center in Rio de Janeiro, Brazil
    BYD has announced plans to invest 300 million Brazilian real (nearly $57.1 million) in establishing a new automotive research and testing center in Rio de Janeiro, Brazil. This initiative is designed to strengthen BYD’s presence in the Brazilian electric vehicle market and support the company’s broader international expansion. Construction of the facility is scheduled to begin toward the end of 2026, with operations expected to start in 2028. The center will be built on a site of more tha...
    News
    Yokohama Rubber supplies ADVAN V61 tires for GAC Toyota's Wildlander SUV in mainland China
    Yokohama Rubber has announced that it is supplying its ADVAN V61 tires as original equipment for GAC Toyota Motor's new Wildlander gasoline and hybrid sport utility vehicle (SUV), launched in mainland China in November 2025. The tires, offered in 235/60R18103H size, are part of Yokohama Rubber's ADVAN brand and are positioned as premium SUV summer tires. The ADVAN V61 tires are designed to provide a blend of premium driving performance, fuel and energy efficiency, handling stability, and quie...
    News
    Polestar secures $300 million in new equity investments
    Polestar announced March 16 that it has secured $300 million in equity investments from a group of purchasers, including Crédit Agricole CIB, Vida Finance SA, Innovator Ltd., and Proximastar Holdings Co. Ltd. As part of this arrangement, the purchasers have entered a put option deal with a subsidiary of Geely Sweden Holdings AB, allowing them an exit option with guaranteed returns in three years. These arrangements mirror previous equity financing agreements from December 2025 and February 2...
    News
    Aumovio FY 2025 earnings come under pressure amid 5.6% year-over-year decline in sales to €18.5 billion
    Aumovio, which started operations as a public, independent company after its spinoff from Continental in 2025, has released its results for the financial year ended Dec. 31, 2025. Full-year sales declined 5.6% year over year to €18.5 billion amid challenging business environments in key markets, including Europe and China. Adjusted for changes in the scope of consolidation and foreign exchange effects, the company's organic sales declined by 2.5% compared to 2024. L...
    Briefing
    Yokohama Rubber closes Salem tire manufacturing plant in US
    On March 18, Yokohama Rubber closed its Salem tire manufacturing plant in Virginia, US. Initially, the Japanese tiremaker planned to reduce production at the plant, starting in March and considering closure in July. However, the company changed its plan and opted for an earlier closure following discussions with the plant's labor union. Despite the closure, Yokohama does not anticipate any supply disruptions. The company's US subsidi...
    News
    Samvardhana Motherson completes acquisition of Yutaka Autoparts India
    On March 16, Samvardhana Motherson International Ltd. (SMIL) announced that it had completed the acquisition of Yutaka Autoparts India Private Ltd. (YAIPL), making YAIPL a wholly owned subsidiary of SMIL. This development was disclosed to the National Stock Exchange of India and BSE Ltd. under regulatory requirements. The transaction was concluded upon fulfillment of all conditions outlined in the Share Purchase Agreement, signed March 11, 2026. The acquisition of YAIPL is part of a broa...
    News
    BANF partners with Silicon Labs to enhance intelligent tire monitoring technology
    BANF, a South Korean intelligent tire system company, has partnered with Silicon Labs to enhance tire monitoring technology for autonomous vehicles and connected fleets. By incorporating Silicon Labs' ultralow-power Bluetooth LE system-on-chip (SoC), the BG22, into its tire sensor platform, BANF has introduced a real-time, high-resolution data processing system. This system transforms tires into connected intelligence nodes, providing data beyond traditional tire pressure monitoring systems (TPM...
    News
    Honda scraps development of three EV models slated for production in North America
    Honda Motor Co. Ltd. has scrapped three planned electric vehicle models in North America as part of a reassessment of its electrification strategy due to the recent changes brought by the evolving policy landscape in the US.  This decision will lead to expected losses in the company's consolidated financial results for the fiscal year ending March 2026. The cancellation follows a strategic shift toward EVs, initially driven by a commitment to achieve carbon neutrality by 2050 and aligned...
    News
    AutoTechInsight Weekly - 16 March 2026
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    News
    NHK Springs reports decline in nine-month FY 2025/26 sales, earnings
    NHK Spring reported a 0.6% year-over-year decline in net sales to ¥596.4 billion for the nine-month period ended Dec. 31, 2025. The Japanese supplier also recorded a 10.9% year-over-year drop in operating profit to ¥31.4 billion, while net profit fell 15.7% year over year to ¥25.2 billion. In the Automotive Seating business, net sales decreased by 5.8% year over year to ¥213.5 billion, which also led to a 45.1% year-over-year dec...
    News
    Toyo Tire’s FY 2025 sales rise 5.2% year over year to $3.8 billion
    Toyo Tire reported a 5.2% year-over-year increase in sales to ¥594.9 billion (about $3.8 billion) in the financial year ended Dec. 31, 2025. Higher sales helped the Japan-based tiremaker record 3.6% year-over-year growth in operating income to ¥97.4 billion, while net profit declined 15% year over year to ¥63.6 billion.  Sales in the Tire Business Unit increased 5.4% year over year to ¥547.7 billion, driving 3.7% year over year growth in operating income to ¥95.5 billion. ...
    News
    From steel torsion to sensor control: The evolution of stabilizer bars in vehicles
    A stabilizer bar, also known as an antiroll bar or sway bar, is an integral part of a vehicle’s suspension system. It plays a key role in reducing body roll during sharp cornering, turning or when driving on uneven surfaces by transferring the load from one wheel to the other. When a vehicle takes a turn, the centrifugal force causes the driver and other occupants to lean outward, shifting weight to the outside wheels. The stabilizer bar counteracts this movement by transferring some of the fo...
    Insights
    Nexen Tire supplies original equipment tires for new Kia Seltos SUV in South Korea
    Nexen Tire has announced it is supplying original equipment (OE) tires for the all-new Kia Seltos sport utility vehicle in the South Korean market. The updated SUV model features a larger body than the previous model and is offered in both gasoline and hybrid powertrains. The trim options now include 16-inch, 18-inch and a new 19-inch wheel specification. Nexen Tire is providing tires optimized for these sizes, catering to the driving characteristics of SUVs and the...
    News
    Aisin unveils 2028 Medium-Term Management Plan targeting 6.2% of operating profit margin and 10% of return on equity by FY 2028/29
    On Feb. 19, Aisin Corp. unveiled its 2028 Medium-Term Management Plan to ensure sustainable growth beyond 2030, in line with its Medium- to Long-Term Business Strategy. Amid global uncertainty and shifting market trends, the Japanese supplier aims to transform into a company that realizes the full value of movement by leveraging its manufacturing expertise, extensive product range and integrated global production network. The three-year plan, which will guide the Japanese supplier t...
    News
    Hyundai Mobis opens first European plant in Hungary to supply chassis modules to Mercedes-Benz
    Hyundai Mobis has commenced operations at its new plant in Kecskemet, Hungary, marking its first European production base dedicated to serving global customers outside of the Hyundai Motor Group. This facility will produce chassis modules for both electric and hybrid vehicles and is flexible enough to accommodate modules for internal combustion engine (ICE) models if required. The 50,000-square-meter plant is Hyundai Mobis' fourth manufacturing site in Europe, following facilities in the Czec...
    News
    WeRide partners with Farizon to deliver 2,000 robo-taxis by 2026
    WeRide has signed an expanded strategic cooperation agreement with Geely's Zhejiang Farizon New Energy Commercial Vehicle Group. This collaboration aims to deliver 2,000 upgraded robo-taxi GXRs by 2026 to advance the global commercial deployment of robo-taxis. At the signing ceremony for the agreement, the two companies showcased the upgraded robo-taxi GXR model, scheduled for production in the third quarter of 2026. WeRide's global robo-taxi fleet consists of 1,023 vehicles, and with the new ad...
    News
    Linamar reports strong growth in FY 2025 earnings despite 3.3% year-over-year drop in sales to $10.2 billion
    Linamar reported a 3.3% year-over-year decline in sales to $10.2 billion in the financial year ended Dec. 31, 2025. Despite lower sales, the Canada-based supplier recorded a 45.9% year-over-year increase in operating earnings to $892.1 million. Linamar concluded the financial year with net earnings of $584.5 million, more than double the $258.3 million reported in 2024. The company reported operating cash flow of $1.33 billion, compared to $1.25 billion in the previous financial year. The Can...
    News
    Hankook unveils Laufenn X FIT AT2 tire with improved durability and traction
    Laufenn, the budget-friendly tire brand of Hankook Tire & Technology, has unveiled the X FIT AT2, a new all-terrain tire designed for drivers seeking durability, versatility and comfort at a reasonable cost. Building on the success of the original X FIT AT, the next-generation tire offers enhanced capabilities, including a 15% improvement in tread wear for increased mileage and reliable performance in all weather conditions. The X FIT AT2 is suitable for sport utility vehicles and light truc...
    News
    Nexen Tire achieves record revenue in FY 2025 amid expansion and strategic advancements
    Nexen Tire reported its preliminary financial results for 2025, achieving 3.19 trillion won (nearly $2.2 billion) in revenue and 170.3 billion won in operating profit. This marks the first time the company has surpassed 3 trillion won in annual sales, illustrating robust top-line growth amid a challenging market environment. The South Korean tiremaker attributed strong top-line growth to the expansion of its European plant, which has boosted sales despite uncertainties such as US tariffs. “...
    News
    AutoTechInsight Weekly - 9 March 2026
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    News
    Schaeffler Group’s FY 2025 revenue declines 3.4% year over year to €23.5 billion
    The Schaeffler Group reported a 3.4% year-over-year decline in revenue to €23.5 billion in the financial year ended Dec. 31, 2025. Compared on a pro-forma basis and at constant exchange rates, revenue declined 0.6% year over year. Despite lower revenue, the Germany-based supplier recorded earnings before financial result, income taxes (EBIT) and special items of €936 million, up 11.2% year over year. This resulted in an EBIT margin of 4%, compared to 3.5% i...
    Briefing
    Nexen Tire opens winter tire testing facility in Finland
    On Feb. 13, Nexen Tire officially opened its Purple Snow Ivalo Center, a testing facility dedicated to winter and all-weather tires, in Ivalo, Finland. The center is located within the Union Technique de l'Automobile, du Motocycle et du Cycle (UTAC) proving ground in Ivalo, near the Arctic Circle in Northern Europe. UTAC is recognized as Europe's largest automotive testing organization. It offers a comprehensive testing infrastructure replicating extreme winter conditions. Nexen Tire aims to ...
    News
    Yokohama Rubber reports strong growth in sales revenue and profit in FY 2025
    Yokohama Rubber reported its financial results for the fiscal year ended Dec. 31, 2025, recording strong growth in sales revenue and profit. Sales revenue increased 12.8% year over year to ¥1.2 trillion (nearly $7.9 billion), leading to a 28.3% year-over-year increase in business profit to ¥166.6 billion. Operating profit increased 28.3% year over year to ¥152.9 billion, while profit attributable to owners of the parent surged by 40.7% year over year to ¥105.4 billion. ...
    News
    Nexen Tire to supply N'FERA Sport ultra-high-performance tire as original equipment for BMW iX3 electric SUV
    Nexen Tire will supply its N'FERA Sport ultra-high-performance tire as original equipment for the new BMW iX3 electric sport-utility vehicle. The N'FERA Sport delivers superior performance in dry and wet conditions through features such as a wider longitudinal groove for improved drainage and a block design for high-speed handling. The tire's tread compound enhances grip and braking, while sidewall reinforcements ensure stability during cornering. The South Korean tiremaker has expanded its s...
    News
    Ford recalls over 600,000 vehicles in US to fix glitch in windshield wiper motor
    Ford is recalling 604,533 vehicles in the US due to a potential failure of the windshield wiper motor, which could reduce visibility and increase the risk of a crash, Reuters reported on March 5, citing the National Highway Traffic Safety Administration (NHTSA). The recall affects select models from 2020 to 2022, including the Ford Explorer and Escape as well as the Lincoln Aviator and Corsair vehicles. To fix the problem, Ford dealers will inspect and replace the front wiper motors as n...
    News
    Continental’s FY 2025 sales decline 2% year over year to €19.7 billion
    Continental’s sales declined 2% year over year to €19.7 billion in the financial year ended Dec. 31, 2025. Full-year sales, excluding exchange-rate effects and changes in the scope of consolidation, increased 0.8% year over year. Lower sales impacted the Germany-based company’s earnings, with EBITDA falling 41.1% year over year to €1.9 billion, while earnings before interest and taxes witnessed an even sharper decline of 86.7% year over year to €272 m...
    Briefing
    MRF signs MOU with India’s Tamil Nadu government to set up greenfield tire manufacturing facility
    MRF Ltd. has signed a memorandum of understanding (MOU) with the government of Tamil Nadu in India to establish a tire manufacturing facility in Sivaganga District. The agreement, facilitated by the state investment agency Guidance, was announced on March 4. The greenfield plant will be located at the State Industries Promotion Corp. of Tamil Nadu Ltd. (SIPCOT) Industrial Park. MRF plans to invest 53 billion rupees (nearly $575 million) over 12 years, aiming to generate direct employment for ...
    News
    Yokohama Rubber supplies BluEarth-XT AE61 tires for GAC Trumpchi M8 hybrid minivan
    Yokohama Rubber has started supplying BluEarth-XT AE61 tires as original equipment for GAC Trumpchi's new M8 plug-in hybrid minivan model, which was launched in mainland China in November 2025. The tires, offered in the 225/60R18 104V size, feature an asymmetrical tread pattern and a high-rigidity profile to minimize sway and uneven wear typical in vehicles with a high center of gravity, offering a well-rounded balance of safety, comfort and environmental performance. Yokohama Rubber is activ...
    News
    AutoTechInsight Weekly - 2 March 2026
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    News
    Schaeffler announces changes in executive board
    Schaeffler has announced changes in its executive board. The supervisory board of the Germany-based supplier appointed Jochen Schröder as new COO, effective April 1. Schröder will replace Andreas Schick, who has decided to leave Schaeffler on March 31. In conjunction with the above leadership transition, Rémy Triouleyre is set to replace Schröder as regional CEO Europe. Furthermore, Xiangbin Chen will succeed Yilin Zhang as regional CEO Greater China, starting Jan. 1, 2027. S...
    News
    JTEKT signs basic agreement to transfer European automotive OEM business to LEO III.-VV25-A GmbH
    JTEKT Corp. has reached a basic agreement to transfer its European automotive business for original equipment manufacturers to Germany-based investment vehicle, LEO III.-VV25-A GmbH, an entity advised by DUBAG Investment Advisory GmbH. This agreement involves transferring the operations of the Japanese supplier’s loss-making European OEM business, including all shares of its seven consolidated subsidiaries engaged in the manufacture and sale of automotive components. As outlined in JTEKT's ...
    News
    Gestamp reports 5.4% year-over-year revenue decline in FY 2025 to €11.3 billion amid industry volatility
    Gestamp reported a 5.4% year-over-year decline in revenue to €11.3 billion in the financial year ended Dec. 31, 2025. This decline was attributed to a volatile industry environment with reduced light vehicle production in Western Europe and North America Free Trade Agreement (NAFTA) regions, along with adverse foreign exchange rates. Despite lower revenue, the Spain-based supplier reported marginal growth in EBITDA to €1.3 billion, leading to an EBITDA margin of 11.5% compared to 10.8% ...
    News
    Nio, Bosch collaborate on core technologies for smart electric vehicles
    Nio Inc. has signed a strategic partnership with Bosch Group during a visit by German Chancellor Friedrich Merz to mainland China. This collaboration illustrates the ongoing alignment of interests between mainland China and Germany in the automotive supply chain, particularly amid the EU's tariffs on Chinese electric vehicles. Nio announced that the agreement will encompass all three of its brands — Nio, Onvo and Firefly — and will involve deep collaboration in technologies vital to smart...
    News
    Ford recalls over 450,000 vehicles in US to fix two separate issues
    Ford is recalling 412,774 units of model years 2017–2019 Explorer sport utility vehicles in the US due to a problem with rear suspension toe links that may fracture, potentially resulting in a loss of steering control. The toe link helps maintain rear wheel alignment. If one breaks, it can cause changes in vehicle handling and increase the risk of a crash. The National Highway Traffic Safety Administration announced the recall on Feb. 24 and recommended that dealers provide free replacement...
    News
    Apollo Tyres opens outdoor tire testing facility in Finland
    On Feb. 24, Apollo Tyres inaugurated its dedicated outdoor tire-testing facility in Ivalo, Finland, marking a significant step in its commitment to improving the performance of winter and all-season tires. The facility, developed under a long-term agreement with the automotive testing and certification organization UTAC, became fully operational in December 2025 and held a formal opening this week. The testing facility includes snow and ice tracks that replicate real-world winter conditions, ...
    News
    US International Trade Commission begins investigation into USMCA automotive rules of origin
    The US International Trade Commission (ITC) has initiated an investigation into the automotive rules of origin under the United States-Mexico-Canada (USMCA) trade agreement to assess their impact on the US economy, competitiveness, and relevance in light of recent technological changes. The USMCA's rules of origin have increased regional value content requirements, compelling manufacturers in the US, Mexico and Canada to source more inputs from within the region to qualify for free tra...
    News
    AutoTechInsight Weekly - 23 February 2026
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    News
    ZF Group aims to double revenue in India by 2030
    ZF Group plans to at least double its revenue in India by the end of 2030, according to CEO Mathias Miedreich, Autocar Professional reported Feb. 23. Miedreich described India as both a growth market and a global sourcing and export base for the group. He emphasized India's central role in achieving this goal, supported by growth across the automotive, rail, agriculture, construction and defense sectors. “Minimum double our revenue in India. That's the goal that Akash [Akash Passey, pr...
    News
    Dana delivers strong performance in Q4 FY’2025 with 5.2% YOY growth in sales and 147% rise in adjusted EBITDA
    Dana Inc. released financial results for the fourth quarter and the full year ended Dec. 31, 2025. In the fourth quarter, the US-based supplier reported sales of $1.9 billion, up 5.2% year over year. Higher sales helped the company record adjusted EBITDA of $208 million, up 147% year over year, representing an adjusted EBITDA margin of 11.1%. The company's operating cash flow was $406 million, up 34.4% year over year, and adjusted free cash flow was $324 million, more than double the $153 m...
    News
    BWI Group enhances Semi Active Roll Control system with automatic mode for improved roll control
    BWI Group has updated its Semi Active Roll Control (SARC) system to include a new automatic mode that allows a vehicle's anti-roll bar to disconnect and reconnect seamlessly while driving. This development addresses the increasing challenge in modern chassis engineering caused by growing vehicle mass, as sport utility vehicles represented more than half of new car registrations in Europe in 2024, and battery-electric vehicles are about 30% heavier than internal combustion engine models. The u...
    News
    EU draft policy to mandate 70% local content for EVs to qualify for subsidies
    The EU is working on a new draft policy that aims to mandate electric vehicles to have at least 70% of their components produced within the EU, excluding batteries, to qualify for state support and subsidies. This policy is part of a broader strategy to protect the EU's €2.6 trillion manufacturing sector and to counteract challenges such as competition from low-cost Chinese products, high-energy prices and stringent climate regulations. Additionally, the policy is expected to requir...
    News
    Brembo signs strategic cooperation agreement with JAC Group for advanced braking technologies and software solutions
    On Feb. 5, Brembo entered a strategic cooperation agreement with mainland China-based vehicle manufacturer JAC Group to deliver enhanced braking technologies and advanced software solutions that meet the evolving needs of the Chinese automotive market. The partnership strengthens long-term collaboration between the two companies and fosters innovation in future vehicle platforms. The agreement represents a pivotal point for both firms, aiming to establish a broader partnership based on the sh...
    News
    Thyssenkrupp’s Q1 FY’2025/26 sales declines 7.7% YOY, adjusted EBIT up 10%
    Thyssenkrupp has reported a 7.7% year-over-year decline in sales to €7.2 billion in the first quarter of the current fiscal year 2025/26, which ended Dec. 31, 2025, reflecting the continuing weak global market environment. However, the German supplier reported a 10% year-over-year growth in adjusted earnings before interest and taxes to €211 million, buoyed by contributions from the APEX performance program. The company concluded the first quarter with a higher net loss of €334 million ...
    News
    Dauch reports net loss of $19.7 million in FY'2025 amid 4.7% year-over-year drop in sales
    Dauch Corp., previously known as American Axle & Manufacturing, released its financial results for the fourth quarter and full year ended Dec. 31, 2025. In the fourth quarter, the company’s sales remained stable at $1.38 billion, as recorded during the same period a year earlier. Dauch reported an operating loss of $33.8 million against an operating profit of $36.2 million. The company concluded the fourth quarter with a higher net loss of $75.3 mill...
    News
    BorgWarner wins new 48-V electric cross differential program with mainland China-based OEM
    BorgWarner has secured a new electric cross differential (eXD) program with a mainland China-based original equipment manufacturer. The solution is designed specifically for a 48-V system and integrates seamlessly with the OEM customer's existing 48-V electrical/electronic (E/E) architecture. This supply order marks BorgWarner's first 48-V eXD application within its global offerings, expanding the company's capabilities in torque management for electric vehicles. As the EV market evolves, E/E...
    News
    Bridgestone FY’2025 net profit up 14.8% year over year despite stable revenue
    Bridgestone Corp. reported a 14.8% year-over-year increase in net profit to ¥327.3 billion (nearly $2.1 billion) in the financial year ended Dec. 31, 2025, as revenue remained stable at ¥4.43 trillion, reported in 2024. The Japanese tiremaker also recorded a 2.2% year-over-year growth in operating profit to ¥493.7 billion. The company reported cash flow from operating activities of ¥660.4 billion, compared with ¥548.8 billion in 2024. At the end of the financial year, Bridgestone had cas...
    News
    AutoTechInsight Weekly - 16 February 2026
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    News
    Thyssenkrupp opens new axle manufacturing plant in Bavaria, Germany
    Thyssenkrupp Automotive Technology, the automotive division of the Germany-based thyssenkrupp, opened a new axle assembly plant in Allershausen, north of Munich. The new plant represents a mid-double-digit million-euro investment and is expected to generate about 250 new jobs. The plant is dedicated to assembling front and rear axles for new BMW vehicle generations, marking a significant expansion of thyssenkrupp's production and logistics network in Germany. Volkmar Dinstuhl, CEO of thyssenk...
    News
    Dana names Byron Foster next CEO, effective July 1; R. Bruce McDonald to remain chairman
    Dana Inc. has appointed Byron Foster as its next CEO, replacing R. Bruce McDonald, from July 1. McDonald, who has been Dana’s chairman and CEO since 2024, will maintain his position as chairman of the board of directors. Foster, currently serving as senior vice president and president of Light Vehicle Systems, Dana's largest business unit, joined the US-based company in 2021. Under his leadership, the Light Vehicle Systems unit has experienced significant sales growth and improved profit ma...
    News
    Hyundai, Kia and BMW recall nearly 180,000 vehicles in South Korea over software defects
    Hyundai Motor, Kia and BMW are set to voluntarily recall a total of 179,880 vehicles in South Korea from 51 different models due to software-related manufacturing defects, the Yonhap News Agency reported Feb. 11, citing the South Korean Transport Ministry. Hyundai Motor plans to recall 36,603 units of the Porter II Electric due to a software error that could affect braking performance. Additionally, Hyundai will address issues in 39,148 vehicles across 20 models, including the Grandeur and So...
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    Michelin’s FY'2026 sales declines 4.4% year over year to €26 billion
    Michelin’s sales declined by 4.4% year over year to €26 billion in the financial year ended Dec. 31, 2025. At constant exchange rates, sales dropped 1.4%. Lower sales impacted the French tiremaker’s segment operating income, which fell 19.5% year over year to €2.7 billion, resulting in a segment operating margin of 10.5% compared to 12.4% in 2024. The company reported net income of €1.7 billion, down 11.9% year over year. Michelin experienced challenges in sales and segment operatin...
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    Yokohama Rubber supplies GEOLANDAR X-CV tires for Subaru's 2026 Solterra BEV
    Yokohama Rubber has started supplying its GEOLANDAR X-CV tires as original equipment for Subaru's new Solterra battery-electric sport utility vehicle, which was launched in North America in September 2025. The 2026 model year Solterra electric SUVs come equipped with the GEOLANDAR X-CV tires in the 235/50R20 100V size. For the Japanese market, where the Solterra was launched in October 2025, Yokohama Rubber continues to supply the ADVAN V61 tires as it has for previous models. The GEOLANDAR X...
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    Stellantis takes a €22 billion hit on EV strategy reset
    Soon after Ford Motor Co. and General Motors (GM) wrote off billions of dollars due to scaling back their respective electric vehicle development plans, Stellantis announced it will take a staggering €22.2 billion hit to its balance sheet amid fading global demand for battery-electric vehicles (BEVs). The announcement came after the carmaker conducted a thorough assessment of its strategy and related costs to align its product development with real-world customer demand. The transition t...
    Briefing
    Aumovio supplies Leapmotor’s B- and C-platform vehicles with advanced safety technologies
    Aumovio is supplying Leapmotor, a mainland China-based electric-car manufacturer, with a range of safety systems for its B- and C-platform vehicles. Leapmotor’s B-platform models are equipped with Aumovio's latest long-range radar, electric parking brake and airbag control unit (ACU), while the C-platform models come equipped with the MK C2 one-box brake system, long-range radar and ACU. For Leapmotor's high-volume sport utility vehicle models such as the C10, C11 and C16, Aumovio supplies ...
    News
    Yokohama Rubber supplies GEOLANDAR SUV tires for Mitsubishi Delica D:5 minivan
    Yokohama Rubber has started supplying its GEOLANDAR sport utility vehicle tires as original equipment to Mitsubishi Motors’ newly launched Delica D:5 minivan. The new model was introduced in Japan in January and comes equipped with GEOLANDAR tires in 255/55 R18 98H size. Designed for vehicles such as small and midsize SUVs and minivans that focus on on-road driving, the GEOLANDAR SUV offers superior fuel efficiency, comfort and safety, while maintaining performance suitable for various road...
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    Goodyear reports strong Q4 2025 performance despite industry challenges
    Goodyear Tire & Rubber has announced its financial results for the fourth quarter and full year 2025, revealing strong performance in the last quarter despite challenging industry conditions. The company achieved the highest fourth-quarter segment operating income and margin in over seven years, with net sales reaching $4.9 billion and tire unit volumes at 42.3 million. Adjusting for sales impact from divested businesses, organic net sales saw a 4% increase. Net income for the quarter was $1...
    News
    AutoTechInsight Weekly - 9 February 2026
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    News
    Aisin, Toyota Tsusho and Minth form JV in Canada for aluminum body frame parts
    Aisin Corp., Toyota Tsusho Corp. and Minth Group Ltd. have agreed to establish a joint venture named ATM Automotive Parts Inc. in Windsor, Ontario. The JV will produce aluminum body frame parts for the North American vehicle market. Aisin and Minth will own 40% each in the JV, while the remaining 20% ownership will be with Toyota Tsusho.   The aluminum body frame parts are essential components designed to securely hold and protect the batteries in battery-electric vehicles (BEVs) and plu...
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    Nearly half of auto parts exports from India to US to attract zero duty, says Indian Minister of Commerce and Industry
    The bilateral trade agreement finalized between India and the US will see nearly half of auto parts exported to the US attracting zero duty, Autocar Professional reported, citing Indian Minister of Commerce and Industry Piyush Goyal. “Some auto parts exports will attract zero duty, while others will face an 18% tariff. Around 50% of exports will be duty-free,” Goyal said on Feb. 7.   Before the deal, Indian auto component exports to the US were subject to an average tariff of about&n...
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    Hankook Tire & Technology’s 2025 sales more than doubles to $14.7 billion after first time consolidation of Hanon Systems
    Hankook Tire & Technology, a company of South Korea-based Hankook & Company Group, reported sales of 21.2 trillion won (nearly $14.7 billion) in the financial year ended Dec. 31, 2025, more than double the 9.4 trillion won realized in 2024. The company recorded higher sales as it consolidated Hanon Systems' financial results from the first quarter of 2025. Hankook acquired the South Korea-based automotive thermal solutions supplier in 2024. Despite robust growth in sales, operating profi...
    News
    Aisin to invest $200 million to expand production in India
    Aisin Corp. and its Indian subsidiary Aisin Automotive Haryana Private Ltd. (AHL) plan to expand AHL's current plant and construct a new facility in Maharashtra, India, to grow their business in India's rapidly expanding market. The total investment for these projects is about ¥32 billion (about $200 million). Since initiating production in India in the 1990s, Aisin has enhanced its manufacturing capabilities to align with market trends and customer demands, producing and selling a variety of p...
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    BMW commences preproduction of new i3 models in Munich
    The BMW Group plant in Munich has begun producing pre-series vehicles of the new BMW i3, marking the next phase of preparation for series production, which is set to commence in the second half of 2026. Peter Weber, head of the BMW Group Plant Munich, highlighted this as a significant milestone, as it marks the first time a BMW i3 has been manufactured entirely within the plant using advanced production technology and digitally connected processes. This near-series production phase al...
    News
    Hyundai Mobis secures record new business orders from non-Hyundai Motor Group customers worth $9.17 billion in 2025
    In 2025, Hyundai Mobis won new business orders worth $9.17 billion from global automakers, excluding Hyundai Motor Group, which owns Hyundai Motor and Kia, surpassing its own target by 23%. This achievement was driven by substantial new orders for electrification components, an expanded supply of high-value-added electronic components, and proactive market entry into emerging economies such as mainland China and India. These results are notable given the revisions many global automakers hav...
    Briefing
    AutoTechInsight Weekly - 2 February 2026
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    News
    Hyundai Mobis reports 6.8% year-over-year increase in 2025 revenue to $42.4 billion
    Hyundai Mobis has reported strong growth in revenue and profit in the financial year ended Dec. 31, 2025. The leading automotive supplier from South Korea recorded a 6.8% year-over-year increase in revenue to 61.1 trillion won (nearly $42.4 billion), driving a 9.2% year-over-year increase in operating profit to 3.3 trillion won. Apart from higher revenue, Hyundai Mobis benefited from companywide cost control, which helped it to offset the impact of US tariffs. However, the company concluded the ...
    Briefing
    SIAT 2026: Schaeffler India presents electrification and smart mobility solutions
    Schaeffler India Ltd., the Indian subsidiary of Germany-based motion technology company Schaeffler, is participating in the Symposium on International Automotive Technology (SIAT) 2026, held Jan. 28–30 in Pune, Maharashtra. The company is displaying next-generation technologies for the Indian automotive industry. Schaeffler is showcasing various solutions, including electrification technologies such as drives, motors and modules; efficient powertrain solutions for internal combustion engine...
    News
    Continental to supply SportContact 7 and EcoContact 6 Q summer tire for new Audi A6 as standard
    Continental announced that it will supply summer tires as standard for the new Audi A6 luxury sedan. The Germany-based tiremaker will offer two options: the SportContact 7 and the EcoContact 6 Q. The SportContact 7 is designed for sporty, precise handling, with optimized rubber compounds and tread patterns that deliver excellent grip and short braking distances on dry and wet roads. Moreover, this tire is known for its stability at high speeds and has consistently earned high marks in independen...
    News
    Pirelli unveils new Scorpion tire for SUVs with enhanced performance and safety
    Pirelli has introduced the latest evolution of its Scorpion summer tire, specifically designed for sport utility vehicles to deliver enhanced safety, comfort and longevity. Originally launched in 1986 for high-driving-position vehicles, the Scorpion series now encompasses a variety of tires, including those for motorbikes and SUVs. The new Scorpion tire is noted for its superior performance in dry and wet conditions, achieving top rankings in independent tests by Technischer Überwachungsve...
    News
    Aumovio plans strategic realignment of global R&D activities, move to result in loss of 4,000 jobs
    Aumovio, the Germany-based company formed after the spinoff of Continental’s Automotive Group business in 2025, has announced a strategic realignment of its global research and development activities to ensure its competitiveness amid challenging business conditions. As part of this realignment, the company will focus its R&D expenditures on value-creating technologies, intensify development partnerships, and implement additional efficiency measures. Aumovio has also reaffirmed its goal to...
    News
    AutoTechInsight Weekly - 26 January 2026
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    News
    Yokohama Rubber supplies BluEarth-Es ES32 tires as original equipment for Suzuki Wagon R compact car
    Yokohama Rubber has announced that it is supplying BluEarth-Es ES32 tires as original equipment (OE) for Suzuki’s Wagon compact car. This mini vehicle, which underwent a minor model change, was launched in Japan in December 2025. The Wagon R is fitted with 165/55R1575V size tires. The BluEarth-Es ES32 is part of the BluEarth YOKOHAMA global tire brand, designed to be environmentally, human and socially friendly. These tires are noted for excellent fuel efficiency and longevity, achieved by ...
    News
    Nexen Tire supplies original equipment tires for KG Mobility's Musso pickup truck
    Nexen Tire announced that it is supplying original equipment (OE) tires for KG Mobility's Musso pickup truck. The specific tire models being supplied are the N'Priz RH7 and the ROADIAN HTX RH5, both of which cater to the varied on- and off-road needs of pickup trucks. These tires are engineered to maintain driving stability and structural rigidity under stress and payloads up to 700 kg. The N'PRIZ RH7 is available in 18- and 20-inch models and features wide grooves for water evacuation, enhan...
    News
    Yokohama Rubber supplies ADVAN Sport ZPS tires for Toyota GR Yaris
    Yokohama Rubber has announced that it is supplying its ADVAN Sport ZPS (Zero Pressure System) tires as original equipment (OE) to the new Toyota GR Yaris compact sports car, which was launched in the Middle East in December 2025. The tires, available in size 225/40RF18 88Y, are based on the high-performance ADVAN Sport and are run-flat, allowing the vehicle to operate even with a deflated tire. These tires offer a balance of ultrahigh-speed maneuverability, wet performance, quietness and comf...
    News
    ZF Group launches electric park brake production line in India
    ZF Group has inaugurated an electric park brake (EPB) production line at its Oragadam manufacturing facility in Tamil Nadu, India, thereby expanding into the full industrialization of electronically controlled braking systems in India for passenger cars. The line has an annual production capacity of 800,000 units and is supported by a growing Indian supplier network for precision components. ZF is supplying EPB systems, which are featured in newly launched all-electric passenger vehicles...
    News
    Yokohama Rubber supplies GEOLANDAR X-CV tires as original equipment for Toyota’s bZ electric SUV in North America
    Yokohama Rubber has announced the commencement of supplying its GEOLANDAR X-CV tires as original equipment (OE) fitment for Toyota Motor's bZ electric sport utility vehicle. The battery-electric model, sold in Japan as the bZ4X, was launched in the US in October 2025 as a model year 2026 vehicle. The tires, sized 235/50R20 100V, aim to achieve a high-level balance of safety, comfort, durability and fuel efficiency along with high-speed performance and drivability. For the partially redesigned...
    News
    AutoTechInsight Weekly - 19 January 2026
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    News
    JK Tyre expands passenger car tire production capacity in India
    JK Tyre & Industries Ltd. has inaugurated the third phase of its capacity expansion and modernization at its passenger car radial tire manufacturing plant located in Banmore, Madhya Pradesh, India. The initiative is part of a broader investment plan by the company, exceeding 10 billion rupees (nearly $110.7 million). The inauguration ceremony was attended by executives from JK Tyre and Maruti Suzuki India Ltd. (MSIL), including Hisashi Takeuchi, CEO and managing dire...
    News
    ZF Foxconn commences e-axle assembly operations for BMW EVs in Debrecen, Hungary
    ZF Foxconn Chassis Modules has officially opened its new e-axle assembly plant in Debrecen, Hungary. The facility, which required an investment of €26.7 million, was completed in just 13 months and is dedicated to the just-in-sequence assembly of electrified front and rear axles for BMW's New Class platform. It contributes to the strategic positioning of the region as a hub for e-mobility and automotive production. The plant is expected to create a total of 550 jobs in Debrecen and Kecskem...
    News
    Rivian recalls over 19,600 R1S and R1T EVs in US due to assembly issue
    Rivian is recalling 19,641 previously serviced R1S and R1T electric vehicles in the US due to incorrectly assembled rear toe links, Reuters reported Jan. 8, citing the US National Highway Traffic Safety Administration (NHTSA). The company is aware of only one incident involving a vehicle crash with minor injuries related to this issue.  Rivian will replace any potentially impacted rear toe links using its updated service procedure. The company will start notifyin...
    News
    Xpeng plans to set up overseas supply chains teams to advance its global production network
    Xpeng plans to establish independently operated overseas localized supply chain teams in European and Association of Southeast Asian Nations markets by 2026, following its 2025 launch of local production in Europe and Southeast Asia. This initiative aims to enhance overseas supply resource deployment, improve supply chain responsiveness and support Xpeng's strategy for local production abroad. The company has accelerated its international market expansion over the past two years and aims...
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    AutoTechInsight Weekly - 12 January 2026
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    Kumho Tire partners with Ansible Motion for digital tire development
    On Jan. 5, Kumho Tire announced a partnership with Ansible Motion, a UK-based company specializing in driver-in-the-loop (DIL) simulation tools, to develop next-generation digital tires using advanced digital simulation technology. This collaboration aims to enhance tire performance verification systems and strengthen competitiveness in the development of tires for electric and high-performance vehicles. The introduction of driving simulators into Kumho Tire's research and development is expecte...
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    Toyoda Gosei introduces innovative LED lamp unit that projects moving patterned lights inside vehicle interiors
    Toyoda Gosei has introduced a new LED lamp unit designed to project moving, patterned lights inside vehicle interiors. This innovation is featured in the Lexus RZ1, a battery-electric vehicle from Toyota Motor. As automakers strive to enhance the in-car experience, demand has grown for interior illumination that responds to music or sensor inputs, such as approach notifications. Toyoda Gosei has responded by applying its proprietary optical engineering expertise to create LED lamps equipped w...
    News
    Yokohama Rubber equips Toyota RAV4 hybrid SUV with ADVAN V61 tires
    Yokohama Rubber has announced that it is providing its ADVAN V61 tires as original equipment (OE) for Toyota Motor's new hybrid sport utility vehicle, the RAV4, which began selling globally in December 2025. These tires are fitted to the Z and Adventure models of the RAV4 and are available in 235/65R17 104H and 235/60R18 103H sizes. Launched in March 2025 and available in all markets except North America, the ADVAN V61 is part of Yokohama's global flagship ADVAN brand, designed spec...
    News
    China Automotive Systems unveils five-year strategic plan, targets sales to surpass $2.9 billion by 2030
    China Automotive Systems Inc. (CAAS) has announced a five-year strategic plan, the Hubei Henglong Enterprise Group 2026–2030 Strategic Plan, starting Jan. 1, 2026. The strategic plan is expected to guide the mainland China-based supplier in becoming a benchmark in global automotive intelligent steering systems by 2030. The plan emphasizes a core strategy of technology leadership and expanding global presence, with the overall objective described as "23144." This objective includes surpass...
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    Xpeng completes trial production of P7+ battery-electric vehicle model at Magna's Austrian car factory
    Chinese electric-car maker Xpeng has completed trial production of the updated P7+ electric sedan at the Graz plant in Austria. Trial production is underway as the carmaker prepares to launch the battery-electric vehicle (BEV) in Europe.  In September 2025, Xpeng announced the start of localized production in Europe, utilizing the production line of Magna Steyr, an Austrian-based subsidiary of Magna International, to manufacture the G6 and G9 sport utility vehicles. Xpeng is working w...
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    AutoTechInsight Weekly - 5 January 2026
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