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    US automakers, battery suppliers rationalize excess battery capacity, pivot to energy storage systems
    In December 2025, Ford Motor Co. and SK On announced plans to end their $11.4 billion battery joint venture — BlueOval SK — as part of their broader business overhaul amid a slowdown in demand for battery-electric vehicles (BEVs) and the end of government subsidies under the Inflation Reduction Act (IRA). The decision to cease the battery JV came as the two companies sought to avoid accumulating losses from EV battery operations in a market witnessing policy shifts away from BEVs and to r...
    Insights
    European New Car Assessment Program’s button mandate forces a rethink of the digital cockpit
    For more than a decade, the automotive industry followed a clear trajectory: digitize the driving experience, replace physical controls with touchscreens and let software define the cockpit. From 2026, Europe’s most influential vehicle safety assessor will begin to reverse that logic. Under revised protocols, the European New Car Assessment Program (EuroNCAP) will explicitly reward vehicles that provide physical controls for essential driving functions, such as indicators, hazard lights, wi...
    Insights
    EU draft policy to mandate 70% local content for EVs to qualify for subsidies
    The European Union 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 will is expec...
    News
    Stanley Electric's nine-month FY’2025/26 net sales up 1.2% year over year to $2.4 billion
    Stanley Electric reported a 1.2% year-over-year increase in net sales to ¥380.3 billion (nearly $2.4 billion) in the first nine months of the fiscal year 2025/26, which ended Dec. 31, 2025. Despite marginal growth in sales, the Japan-based lighting supplier recorded a 13.2% year-over-year decline in operating profit to ¥28.6 billion, due to the unfavorable impact of US tariffs, semiconductor shortages and other factors. The company concluded the nine-month period with a net profit of ¥21.4 bi...
    News
    AutoTechInsight Weekly - 16 February 2026
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    News
    Toyoda Gosei’s nine-month FY’2025/26 revenue increases to $5.3 billion
    Toyoda Gosei’s revenue increased 5.5% year over year to ¥830.6 billion (about $5.3 billion) in the first nine months of fiscal year 2025/26, ended Dec. 31, 2025, driven by an increase in vehicle production at original equipment manufacturer customers. Higher revenue, along with ongoing focus on cost efficiency, helped the Japanese supplier to record 11.5% year-over-year growth in operating profit to ¥52.5 billion. Toyoda Gosei concluded the nine-month period with a net profit of ¥43.9 billi...
    News
    OPmobility eyes Hyundai Mobis lighting business to accelerate global expansion
    In late January, OPmobility signed a memorandum of understanding (MOU) with Hyundai Mobis to explore the potential acquisition of the South Korean supplier’s lighting business. The two companies aim to reach a definitive agreement in 2026. The acquisition promises to significantly expand OPmobility’s global position as one of the leading tier 1 suppliers of lighting systems, a business the French supplier entered just four years ago. Hyundai Mobis is the largest tier 1 ...
    Insights
    AutoTechInsight Weekly - 9 February 2026
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    News
    Tokai Rika’s nine-month FY’2025/26 sales up 4.4% YOY to $3.1 billion
    Tokai Rika reported a 4.4% year-over-year increase in sales to ¥479.6 billion (about $3.1 billion) in the nine-month period of fiscal year 2025/26, which ended Dec. 31, 2025. Higher sales helped the Japan-based auto parts supplier record a 7.2% year-over-year growth in operating profit to ¥29.5 billion, resulting in an operating profit margin of 6.2% compared with 6% during the same period in the previous financial year. Tokai Rika concluded the first three quarters of the year with net p...
    News
    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...
    News
    AutoTechInsight Weekly - 2 February 2026
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    News
    Forvia secures over $1 billion deal with major European automaker for North America operations
    Forvia has secured over $1 billion in new and expanded business with a major European automaker, involving products from its Seating, Interiors and Forvia Hella's Lighting business groups. The French supplier will produce these products across seven plants in the US and Mexico to support this customer's North American operations. Francois Tardif, executive vice president Americas, emphasized that these awards highlight Forvia as a reliable partner committed to advancing sustainable mobil...
    News
    Automotive lighting suppliers bracing for another challenging year in 2026
    Automotive lighting suppliers reported moderate growth in lighting system supply in 2025, driven by the recovery in light vehicle production. According to data compiled by S&P Global Mobility’s analysts, the supply of headlights and taillights each improved by 2.5% year over year to 183 million units as global light vehicle production increased 3.1% year over year to 92.2 million vehicles. Moreover, lighting suppliers also recorded 6.2% year-over-year growth in the supply of ambient light ...
    Insights
    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
    Neolite ZKW inaugurates new lighting facility in Pune, India
    Neolite ZKW Lightings Ltd., a joint venture between the ZKW Group and Indian supplier Neolite, has established a manufacturing facility in Pune, Maharashtra, to produce automotive lighting systems, Autocar Professional reported Jan. 23, 2026. The plant, which began operations in December 2025, is strategically located near the Mumbai-Pune-Nashik-Aurangabad automotive cluster, enabling the company to efficiently serve clients such as JSW MG Motor, Stellantis India, VE Commercial Vehicles and...
    News
    AutoTechInsight Weekly - 26 January 2026
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    News
    OLEDWorks supplies OLED panels for new Audi Q3 digital rear lights
    OLEDWorks has announced that it is supplying the organic light-emitting diode lighting panels in the digital next-generation display technology OLED rear combination lamps for the new Audi Q3 compact sport utility vehicle (SUV). Audi unveiled the third-generation Q3 in June 2025, introducing new personalization and intelligent lighting features. For the first time, customers can select digital OLED taillights powered by OLEDWorks' Atala Digital panels in the Q3 lineup, offering cust...
    News
    ZKW supplies advanced digital Matrix headlights featuring micro-LED technology to all-new Audi Q3 compact SUV
    ZKW Group is supplying advanced headlights for the new Audi Q3 compact sport utility vehicle. The Austria-based supplier has developed the digital Matrix LED headlights featuring micro-LED technology in collaboration with Audi's technical experts. Each headlight comprises 25,600 individually controllable micro-LED pixels, enabling precise light control and projection for enhanced road illumination with improved contrast and brightness. Moreover, the glare-free high beam is automatically controll...
    News
    Valeo wins major contract to deliver smart interior lighting for global automaker
    Valeo has secured a significant supply order from a premium global automaker. The project will see Valeo use TactoTek’s innovative in-mold structural electronics (IMSE) technology to develop a new, automated and high-volume manufacturing process. This new solution will combine lighting and electronics into a single smart structure for car interiors. The design aims to create a sleek look and improve the in-cabin experience, reflecting a trend in the industry to integrate design, functi...
    News
    AutoTechInsight Weekly - 19 January 2026
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    News
    DENSO invests $69 million in new logistics center in Lebanon, Tennessee
    DENSO plans to invest $69 million in constructing an advanced logistics center in Lebanon, Tennessee, which will retain 100 jobs in the area and enhance the company's operations and competitiveness in North America. The 280,000-square-foot facility is scheduled to begin construction in summer 2026 and open in spring 2027, replacing DENSO's current Wilson County, Tennessee, operations with a larger, technologically advanced space. The phased transition will ensure continuity for DENSO's workforce...
    News
    ZKW Group appoints Sangbo Sim as new CFO
    ZKW Group, the Austria-based automotive lighting supplier jointly owned by LG Group and LG Electronics, has appointed Sangbo Sim as its new CFO, effective Jan. 1, 2026. Sim has replaced Sangwook Woo, who is returning to South Korea, after serving the company for three years.  Sim, who has been with LG Electronics since 2001, brings extensive financial and management expertise, having served in senior roles, including head of Business Improvement and head of Investor R...
    News
    Forvia Hella collaborates with Volvo Cars to develop new headlamp for the all-new XC70 plug-in hybrid electric SUV
    Forvia Hella collaborated with Volvo Cars to develop a futuristic Thor's Hammer headlamp for the new XC70, the first plug-in hybrid electric sport utility vehicle from the Swedish carmaker. The headlamp maintains Volvo's iconic design while introducing advanced technology and enhanced functionality to improve safety and reliability. Volvo Cars unveiled the new plug-in hybrid SUV in September 2025.  "Safety is at the core of Volvo Cars’ DNA, expressed through design ...
    News
    AutoTechInsight Weekly - 12 January 2026
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    News
    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
    AutoTechInsight Weekly - 5 January 2026
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    News
    Hyundai recalls more than 51,500 vehicles in US due to fire risk
    The US National Highway Traffic Safety Administration (NHTSA) announced that Hyundai Motor is recalling 51,587 vehicles in the US due to a potential fire risk arising from a short-circuit in trailer lights. This issue is attributed to the incorrect installation of the wiring harness. Vehicle owners have been advised to park their cars outside and away from structures until the recall repair is completed. Hyundai dealers will replace the trailer wiring harness at no cost to the owners. In rece...
    News
    AutoTechInsight Weekly - 29 December 2025
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    News
    AutoTechInsight Weekly - 22 December 2025
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    News
    TactoTek enters licensee agreement with ARRK SPG for its In-Mold Structural Electronics technology
    TactoTek has entered into a licensing agreement with ARRK SPG Pre-Series Tooling and Prototyping BV, a subsidiary of ARRK Corp., for its In-Mold Structural Electronics (IMSE) technology. As part of the agreement, ARRK SPG's expertise in pre-series tooling, precision engineering and high-quality production will support TactoTek’s global expansion of licensed IMSE manufacturers. As a development partner to automotive, lighting and industrial brands, ARRK SPG enhances the ecosystem with c...
    News
    Automotive suppliers sustain margins amid slower growth in 2025
    Automotive component suppliers demonstrated resilience during the first nine months of 2025 (January–September), navigating a period of moderating top-line growth while effectively enhancing profitability, compared to the strong performance in the corresponding period of 2024. While overall revenue growth decelerated from the double-digit pace observed earlier, the industry managed to expand its collective operating margins, reflecting a strong focus on operational efficiencies and cost manage...
    Insights
    CES 2026: Valeo to showcase advance mobility technologies
    Valeo is set to participate in the Consumer Electronics Show (CES) 2026, presenting its latest mobility technologies aimed at enhancing vehicle sustainability, efficiency and safety. As a key partner to global automakers, Valeo will introduce integrated solutions that improve vehicle intelligence, energy management and visibility systems to elevate the user experience.  At CES 2026, Valeo will have a presence at three locations. The main booth at Central Plaza (Booth CP145) will feature ...
    News
    2026 Automotive Supplier Outlook
    In the wake of another tumultuous year for the global automotive industry, this report provides unfiltered insights directly from the front lines. S&P Global Mobility’s Matthew Beecham engaged with 59 senior executives from across the automotive supply chain to capture their experiences and strategies. Now in its third year, this comprehensive end-of-year analysis outlines the operational and strategic challenges suppliers faced in 2025 and how they are preparing for 2026. The suppliers...
    Insights
    Samvardhana Motherson completes acquisition of remaining 10% stake in Motherson Lumen Systems SA
    Samvardhana Motherson International Ltd. (SAMIL) has acquired the remaining 10% equity stake in Motherson Lumen Systems South Africa Pty. Ltd. This acquisition was carried out through Motherson Lumen Holding Ltd., which is an indirect wholly owned subsidiary of SAMIL. With this acquisition, Motherson Lumen Systems South Africa has become an indirect wholly owned subsidiary of the parent company. Motherson Lumen Systems South Africa operates a design, manufacturing and sales facility loca...
    News
    2026 Automotive Analyst Outlook
    S&P Global Mobility’s 2026 Automotive Analyst Outlook presents a comprehensive collection of insights, reflections and forward-looking perspectives from our team of analysts. Drawing on a year marked by volatility, innovation and adaptation, our experts examine how the global automotive industry navigated the challenges and opportunities of 2025 — from supply chain disruptions and regulatory shifts to the evolving landscape of electrification, connectivity and consumer preferences. Throu...
    Insights
    AutoTechInsight Weekly - 15 December 2025
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    News
    AutoTechInsight Weekly - 8 December 2025
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    News
    CES 2026: LG Innotek to present autonomous driving and EV innovations
    LG Innotek plans to showcase a consumer-focused vision of its automotive technology during Consumer Electronics Show (CES) 2026, The Korea Herald reported Dec. 3, 2025. At the event, which will take place from Jan. 6 to Jan. 9, 2026, at the Las Vegas Convention Center West Hall, Nevada, the South Korea-based company will feature two full-scale vehicle mock-ups, demonstrating integrated systems for autonomous driving and electric vehicles. These systems will incorporate 35 products across the mod...
    News
    AutoTechInsight Weekly - 1 December 2025
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    News
    Audi to add new hardware and software features to the A5, Q5, A6, A6 e-tron and Q6 e-tron
    Audi is enhancing its model series with new features for electric models using the PPE platform and combustion-engine vehicles using the PPC platform. Chief Technical Officer Geoffrey Bouquot said that these innovations would improve the driving experience with updates in hardware, such as new headlights, and software enhancements in driver assistance and entertainment. The Audi S5 and S6 e-tron models now feature the "dynamic plus" mode, providing an intense driving experience with improved con...
    News
    Automotive industry faces looming supply shock as DRAM makers pivot to AI-centric HBM
    The automotive industry faces renewed turbulence as the Nexperia chip shortage disrupts supply chains already strained since the 2021–2022 crisis. While the industry is only now closing out the latest shortage episode linked to Nexperia components, a more disruptive challenge is emerging: a potential shortage of automotive DRAM chips beginning in the first quarter of 2026. Suppliers are increasingly reallocating wafer capacity toward high bandwidth memory (HBM) for AI data centers, where profi...
    Insights
    Diodes unveils AL3069Q boost controller for automotive backlight applications
    Diodes has launched the AL3069Q, a 60-V boost controller designed for automotive backlight applications. This device features four 80-V high-precision current sink channels, which are suitable for larger LED display panels, and includes extensive diagnostic functions to ensure system safety and reliability. It is applicable in infotainment panels, instrument clusters and head-up displays. The AL3069Q operates with adaptive boost voltage control over a wide input voltage range from 4.5 V to 60 V,...
    News
    Aumovio's nine-month adjusted EBIT more than doubles to €409 million despite drop in sales
    Aumovio reported a positive business performance in the first nine months of the current financial year ended Sept. 30, 2025, marking a solid beginning as an independent company. While sales declined 4.6% year over year to €14 billion, the Germany-based supplier recorded strong growth in adjusted earnings before interest and tax to €409 million, more than double compared to €166 million in the first nine months of 2024. The adjusted EBIT margin increased to 2.9%, driven by a higher gr...
    News
    Valeo aims to triple revenue from India to €700 million by 2028 under Elevate 2028 strategy
    Valeo has placed a strong focus on India as a central part of its growth strategy, aiming to triple its revenue in the country to approximately €700 million by 2028 under the Elevate 2028 road map. This plan, revealed last week at Valeo's Capital Markets Day in Paris, represents a shift from a technology-centric turnaround to a financially disciplined strategy emphasizing growth. While the global strategy aims to improve margins, cash flow and sales growth starting from 202...
    News
    AutoTechInsight Weekly - 24 November 2025
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    News
    Renault Korea pushes fourth OTA software update for Grand Koleos SUV
    Renault Korea has announced the release of the fourth over-the-air (OTA) software update for its Grand Koleos sport utility vehicle, highlighting a strategic shift toward post-purchase digital upgrades in the automotive industry. This update provides existing Grand Koleos owners with access to several features available in the 2026 model-year version, eliminating the need to visit a service center. It is noted as one of the most extensive cycles of OTA updates applied to an internal combust...
    News
    Capital Markets Day 2025: Valeo outlines strategic plan, Elevate 2028; targets higher sales, profits and free cash flow
    On Nov. 20, Valeo presented its new strategic plan, Elevate 2028, at its Capital Markets Day event in Paris. The plan builds on the success of the French supplier’s previous strategic plan, Move Up, and outlines its financial growth trajectory for the next three years. Under the new strategic plan, Valeo aims to steadily improve profits, generate higher cash and return to sales growth by 2027, leveraging its established technology leadership in the automotive sector. “Since 2022, our Move...
    Briefing
    Beyond headlights: The evolution of front lighting in modern vehicles
    Over the years, front lighting has evolved into a crucial design tool for vehicle manufacturers, enhancing the aesthetic appeal of vehicles without compromising their essential role in ensuring safer driving. While automakers are required to equip their vehicles with mandatory headlights and auxiliary lights — such as turn indicators, position lights, and, in certain markets, daytime running lights (DRLs) — they have a variety of options to create unique, model-specific light signatures. The...
    Insights
    Toyoda Gosei's first half revenue up 3.8% year over year to $3.6 billion
    Toyoda Gosei reported a 3.8% year-over-year increase in revenue to ¥535.6 billion (about $3.6 billion) in the first half of the financial year 2025/26, which ended on Sept. 30, 2025. Excluding the impact of foreign exchange, revenue increased 6% year over year. Higher revenue enabled the Japan-based company to record an operating profit of ¥32.9 billion, up 14% year over year, while net profit increased 52.3% to ¥27.7 billion. Revenue in Japan increased 6.4% year over year to ¥222.4 ...
    News
    Forvia Hella appoints Peter Laier as new CEO, effective Feb. 15, 2026
    Forvia Hella has announced the appointment of Peter Laier as its new CEO. Laier, who most recently served as a board member of ZF Group, will officially take over the CEO role at the Germany-based automotive electronics and lighting supplier on Feb. 15, 2026. Until then, Bernard Schäferbarthold will continue serving as the CEO. "Dr. Laier brings to Forvia Hella a strong global perspective and strategic mindset, as well as highly relevant expertise in the markets where Forvia Hella performs a...
    News
    Forvia supplies advanced and sustainable interior trim parts for the new Renault Clio 6
    Forvia is supplying the instrument panel and center console for the new Renault Clio 6, which was presented at the IAA Mobility 2025 event in Munich. These components highlight the French supplier’s expertise in injection molding and surface finishing. The company integrates technical know-how, recycled materials and refined designs to deliver high-quality and visually appealing interiors. According to Forvia, its instrument panel and center console for the Renault Clio 6 are made using pla...
    News
    AutoTechInsight Weekly - 17 November 2025
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    News
    OPmobility aims to double US sales by 2030, opens new North American headquarters in Michigan
    OPmobility has reaffirmed its goal to double its sales in the US by the end of 2030, compared to 2024. The announcement coincided with the grand opening of its new North America headquarters in Troy, Michigan, on Oct. 23, celebrating 50 years of presence, investment and innovation in the US. The French supplier has a significant presence in North America, with 26 plants and nine research and development centers, employing nearly 8,000 people. In 2024, the company generated sales of €3.39 bi...
    News
    OPmobility’s Q3 FY 2025 economic revenue slips 1% YOY to €2.7 billion
    OPmobility reported a 1% year-over-year decline in economic revenue to €2.7 billion in the third quarter ended Sept. 30, 2025. Revenue on a like-for-like basis, excluding foreign exchange impacts and scope of consolidation, increased 2.6% year over year. Consolidated revenue, which combines economic revenue and revenue from joint ventures, fell 3.8% year over year to €2.4 billion. During the third quarter, the French supplier experienced strong market momentum in North America and Asia, d...
    News
    Lumax Industries to invest $15.8 million in new manufacturing plant in Bengaluru, India
    The board of directors of India-based automotive lighting supplier Lumax Industries has approved the establishment of a new manufacturing plant in Bengaluru, Karnataka, CNBC TV 18 reported Nov. 7. The company will invest 1.4 billion rupees (about $15.8 million) in the greenfield facility, which will be funded through internal accruals. The plant will produce lighting systems for Maruti Suzuki and Toyota Motors. It is expected to become operational by the fourth quarter of the fina...
    News
    AutoTechInsight Weekly - 10 November 2025
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    Ams OSRAM and DP Patterning present more efficient alternative for manufacturing automotive lighting components
    Ams OSRAM and DP Patterning have jointly developed a demonstrator that highlights the future direction of automotive lighting networks, featuring single-layer flexible printed circuit boards (FPCBs) instead of complex multilayer designs. This innovation promises significant environmental benefits, notably reducing CO2 emissions by up to 98% compared to chemical wet etching, according to the Fraunhofer Life Cycle Assessment (LCA). The demonstrator combines DP Patterning's dry printed circuit boar...
    News
    Valeo Q3 sales remains stable at €5 billion, confirms annual financial targets
    Valeo’s sales increased 0.6% year over year to €5 billion in the third quarter ended Sept. 30, 2025. Sales on a like-for-like basis, excluding currency impacts and scope of consolidation, increased by 3.5% over the third quarter of 2024. Original equipment (OE) sales, at €4.2 billion, were up by 3.7% on a like-for-like basis, driven by strong performance in the Power and Light divisions. In Europe, OE outperformed overall automotive production, while China's performance improv...
    News
    Marelli opens new technical R&D center in India to enhance automotive technology capabilities
    Marelli has launched a new technical research and development center in Bengaluru, Karnataka, India, as part of its effort to expand its engineering capabilities and bolster its innovation strategy in key automotive technology areas. The facility, which officially opened on Nov. 5, will employ 350 engineers. Located in the Embassy Manyata Tech Park, the new site joins another Marelli R&D center in Bengaluru, opened in 2022, benefiting from the region's rich talent pool in engine...
    News
    Novosense launches advanced LED driver integrated circuits for automotive lighting applications
    Novosense Microelectronics, an automotive analog company based in mainland China, has announced the release of its new range of high-performance LED driver integrated circuits (ICs) — NSL21912, NSL23716x and NSL2163x — designed for both exterior and interior vehicle lighting. These innovations comprise high-side and low-side linear drivers, as well as integrated microcontroller (MCU) solutions for ambient RGB and RGB control, providing precise current regulation, advanced diagnostics an...
    News
    Ford recalls nearly 80,000 vehicles in US for safety concerns
    Ford Motor is recalling 79,781 vehicles in the US, Reuters reported Oct. 31, citing the National Highway Traffic Safety Administration. The recall is due to potential issues with interior panels near the front doors that could detach, as well as rear lights that may stop functioning. The recall affects 64,938 Ford Flex vehicles due to a door panel defect and 14,843 F-150 Lightning electric pickup trucks for a rear lightbar issue. Previously, Ford recalled 227,006 vehicles for issues such...
    News
    Magna reports net sales at $10.5B in Q3, up 2% YoY
    Magna International Inc. reported its financial results for the third quarter ended Sept. 30, with sales reaching $10.5 billion, a 2% increase from the same period in 2024, according to an Oct. 31 earnings release. The rise in sales was driven by new program launches, a favorable foreign exchange rate shift against the US dollar, and a 3% increase in global light vehicle production. However, these gains were partly offset by the conclusion of certain production programs, reduced vehicle assem...
    News
    AutoTechInsight Weekly - 3 November 2025
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    AutoTechInsight Weekly - 27 October 2025
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    Forvia Hella’s nine-month sales remain stable amid challenging business environment
    Forvia Hella’s sales in the first nine months of 2025 remained stable at €5.9 billion. However, the company’s sales, on constant currency, improved slightly, by 0.4% year over year, to €6 billion. “In the first nine months of the year, our business continued to prove robust. Despite a persistently challenging industry environment, we were able to keep sales at the previous year’s level and are thus in line with our expectations,” said Bernard Schäferbarthold, CEO of Forvia Hella. ...
    News
    Forvia's Q3 2025 sales decline 3.7% year over year to €6.1 billion
    Forvia’s sales declined 3.7% year over year to €6.1 billion in the third quarter ended Sept. 30, 2025. Excluding tooling sales, product sales increased by 1% on an organic basis. The third-quarter sales included negative currency effects of €238 million, mainly resulting from the euro’s depreciation against the US dollar and Chinese yuan. Growth in product sales was led by strong performance by Electronics, Clean Mobility and Lifecycle business groups. Sales increased in the Elec...
    News
    AutoTechInsight Weekly - 20 October 2025
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    Japan Mobility Show 2025: Toyota Boshoku to showcase future mobility concepts
    Toyota Boshoku Corp. will participate in the Japan Mobility Show 2025, scheduled to take place at Tokyo Big Sight in Tokyo from Oct. 30 to Nov. 9. The Japanese supplier will present its vision for future mobility spaces through innovative concepts that emphasize comfort, functionality and emotional value. The company will showcase its Next-Generation Mobility Space Mock-up, I.C.30 -Integrated Cabin 2030-, displaying its focus on safety and environmental sustainability. This exhibit includes i...
    News
    Forvia Hella readies for launching FlatLight technology for front-lighting applications
    After the successful debut of its FlatLight technology in rear lighting in 2024, Forvia Hella is now gearing up for the market launch of this innovative technology for use in daytime running lights (DRLs). Forvia Hella is carrying out development of the FlatLight modules at its headquarters in Lippstadt, Germany, with customer-specific applications being developed at its plants in Ljubljana, Slovenia; Mohelnice, Czech Republic; and Ostrava, Czech Republic. The company already has customer p...
    News
    NDR Auto forms JV with Japanese supplier Hayashi Telempu to produce automotive interior components in India
    Indian supplier NDR Auto Components Ltd. has established a joint venture with Japan-based Hayashi Telempu to enhance its manufacturing capabilities in automotive components, Autocar Professional reported Oct. 13. The JV, NDR Hayashi Automotive India Private Ltd., was officially incorporated on Oct. 10, with the Registrar of Companies, Central Registration Centre, and has an authorized and subscribed share capital of 2 billion rupees (about $22.5 million). NDR Auto Components acquired a 5...
    News
    AutoTechInsight Weekly - 13 October 2025
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    Ams OSRAM launches OSIRE E3030 RGB LED for use in vehicle interiors
    Ams OSRAM has developed the OSIRE E3030, a new RGB LED for automotive interior applications, offering superior light output and precise controllable color variety. The new solution is designed to enhance both function and aesthetics in vehicle design with a light output in the 0.5-W range. The OSIRE E3030 is robust, resistant to vibration and temperature changes, and meets established automotive standards. The LED is particularly suitable for applications where light serves as a communication...
    News
    AutoTechInsight Weekly - 6 October 2025
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    Forvia eyes more than €1 billion in annual revenue from India within the next five years
    Forvia is expanding its presence in the Indian automotive market with goal to generate more than €1 billion in revenue within the next five years, Autocar Professional reported Oct. 2. The French automotive supplier, which is growing at approximately 11% in India, plans to achieve this revenue target through an investment of approximately €218 million, focusing on local manufacturing and advanced technology. Martin Fischer, group CEO of Forvia, has emphasized India's growing importan...
    News
    Mercedes-Benz opens advanced light testing center in Germany
    Mercedes-Benz has opened a new light testing center at its Global Proving Ground in Immendingen, Germany, enhancing its testing capabilities. This center, measuring 135 meters long and 8 meters high, is one of the largest in the automotive industry. It allows for thorough testing of headlight systems under consistent conditions, independent of time, weather or other factors. The center features a realistic 135-meter country road, with specially designed asphalt that mimics the reflective qual...
    News
    US aftermarket player First Brands files for Chapter 11 bankruptcy
    First Brands, the Ohio, US-based automotive-parts maker owned by Patrick James, has filed for Chapter 11 bankruptcy protection, weighed down by debt from years of acquisition-driven expansion and mounting financial strain. The filing, made in the Southern District of Texas, lists liabilities of more than $10 billion against assets of $1 billion-$10 billion. The company has secured $1.1 billion in debtor-in-possession financing from first-lien lenders to maintain operations, stressing that the...
    Briefing
    AutoTechInsight Weekly - 29 September 2025
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    LG Innotek plans to invest $190 million in new production facility in Mexico
    LG Innotek is planning to establish a new production center in Querétaro, Mexico. According to the Querétaro state government, the South Korean supplier will invest $190 million in the facility, which will focus on the production of cameras, LEDs, motors and automotive components. The new factory will be situated in the Kaizen Industrial Park in Colón, Querétaro, and the initial phase is expected to employ 630 people. “They are going to invest about US$190 million. The first p...
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    AutoTechInsight Weekly - 22 September 2025
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    OLEDWorks collaborates with Audi for advanced digital OLED panels in new Audi Q5
    OLEDWorks has partnered with Audi to supply Atala Digital 2.0 panels for the rear combination lamps on the new Audi Q5. The latest generation of the Audi Q5 sport utility vehicle and sportback, revealed in the second half of 2024, features advanced lighting design, personalization options and enhanced safety. Central to these innovations are six second-generation digital organic light-emitting diode (next-generation display technology OLED) panels engineered by Audi and provided by OLEDWorks....
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    AutoTechInsight Weekly - 15 September 2025
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    IAA Mobility 2025: Gentex showcases advanced automatic-dimming interior and exterior mirrors
    At the IAA Mobility 2025 in Munich last week, Gentex Corp. showcased its advanced automotive features designed to enhance driving comfort and safety by reducing glare from sunlight and modern headlamps. The US-based company also presented technologies from partners such as Adasky, specializing in automotive thermal sensing, and Solace, which focuses on wireless power and data transfer. Research indicates that glare from headlights is a significant concern for dri...
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    IAA Mobility 2025: Valeo and Ennostar unveil smart automotive exterior display
    Valeo and Ennostar are collaborating on the development of smart automotive exterior displays aimed at enhancing vehicle-to-everything (V2X) communication and road safety. Their first product, integrating Ennostar's Mini LED technology into Valeo's exterior high-definition (HD) digital signaling system, is showcased at IAA Mobility 2025 in Munich. This innovation utilizes Mini LED technology, which is becoming a next-generation V2X interface, to facilitate clearer communication and improve pedes...
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    AutoTechInsight Weekly - 8 September 2025
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    Antolin expands in Southeast Asia with new plants in Thailand and Indonesia
    Automotive interior supplier Antolin is expanding its presence in Southeast Asia by opening two new manufacturing plants in Thailand and Indonesia. The expansion is part of the Spain-based supplier’s strategy for geographic diversification, optimizing its industrial footprint and supporting electric mobility. The new facility in Thailand is strategically located to serve global original equipment manufacturers, focusing on electrification projects in markets such as Vietnam, Malaysia and Indon...
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    AutoTechInsight Weekly - 1 September 2025
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    The rise of projection lighting in the automotive industry
    Ground light projection, also referred to as near field projection light or just projection light, is becoming one of the latest trends in automotive lighting, offering significant potential to contribute to safe driving and vehicle personalization. According to data compiled by S&P Global Mobility analysts, automakers installed 12.1 million projection light components in light vehicles produced in 2024, a number forecast to more than double to 34.6 million units in 2031, at a...
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    ROHM to showcase silicon carbide and gallium nitride technologies at electronica India 2025
    According to a press release on Aug. 28, ROHM will participate in electronica India 2025, a trade fair for electronic components, systems, applications and solutions, held from Sept. 17 to 19 at the Bangalore International Exhibition Centre (BIEC). ROHM plans to present its latest silicon carbide (SiC) and gallium nitride (GaN) technologies, focusing on reference designs and evaluation systems that cater to current power and thermal challenges in industrial equipment and automotive drive systems...
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    The evolving landscape of automotive startups
    The automotive industry is undergoing a profound transformation driven by rapid technological advancements. At the forefront of this evolution are mobility startups, which are pioneering innovations across domains such as software-defined vehicles (SDVs), autonomous driving and battery technologies. S&P Global Mobility recently published the "AutoTechInsight Mobility Startups Report - H1 2025," highlighting the major trends in the automotive startup ecosystem, by analyzing data from appro...
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    AutoTechInsight Weekly - 25 August 2025
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    Toyoda Gosei develops light transmission technology for vehicle exterior parts
    Toyoda Gosei Co., based in Kiyosu, Japan, has developed a new technology for vehicle exterior parts that allows light to pass through painted plastic surfaces. This innovation enables the clear display of light patterns or signage without compromising the appearance when the lights are turned off. The breakthrough was achieved through advancements in paint composition design and membrane thickness control, eliminating the need for holes that previously marred the surface appearance. Additiona...
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    AutoTechInsight Weekly - 18 August 2025
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    AutoTechInsight Weekly - 11 August 2025
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    Ams OSRAM reports 5.4% year-over-year decline in Q2 FY 2025 revenue to €775 million
    Lighting supplier ams OSRAM reported a 5.4% year-over-year decline in revenue to €775 million for the second quarter ended June 30, 2025, according to a press release dated July 31. The company attributed the lower revenue primarily to a weaker US dollar against the euro, the discontinuation of noncore semiconductor business and inventory challenges in automotive LEDs. On a like-for-like basis, considering constant exchange rates and only the core portfolio, revenue would have increased by 2% ...
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    Tata AutoComp and Ichikoh Industries form JV to acquire Valeo's lighting business in India
    Tata AutoComp Systems Ltd. plans to establish a joint venture with Japan's Ichikoh Industries Ltd. to acquire Valeo's lighting business in India, as reported by Autocar Professional on Aug. 5. This partnership will create a 50/50 JV company that aims to purchase the Valeo Lighting Systems business from Valeo India Pvt. Ltd. The JV will focus on serving the automotive lighting market in India. The definitive agreements for the JV formation and business acquisition...
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    Koito reports 38.7% year-over-year increase in Q1 FY 2025/26 net profit to $70 million
    Koito Manufacturing reported a 38.7% year-over-year increase in net profit to ¥10.1 billion (about $70 million) for the first quarter ended June 30, 2025, as stated in a press release on July 29. The Japan-based automotive lighting systems supplier also recorded a 31.6% year-over-year rise in operating income to ¥11.9 billion. Koito achieved higher earnings in the first quarter despite experiencing a 4.4% year-over-year drop in net sales to ¥219.7 billion. The...
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    Koito restructures operations in mainland China amid market shifts
    Koito Manufacturing has announced plans to restructure its production system in mainland China, the Japanese supplier said in a press release on July 29. This decision comes in response to a notable decline in vehicle sales of Japanese automakers, Koito's primary customers, in mainland China amid significant shifts in the world's largest automotive market, including the rapid emergence of local Chinese new-energy vehicle manufacturers. Koito’s operations in mainland China comprise three com...
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    AutoTechInsight Weekly - 4 August 2025
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    Magna’s Q2 FY 2025 net sales declines 3% year over year to $10.6 billion
    Magna, a leading auto parts supplier and contract vehicle manufacturer from Canada, reported a 3% year-over-year decline in net sales amounting to $10.6 billion in the second quarter ended June 30, 2025, according to a press release dated Aug. 1. The company attributed this decline to reduced light vehicle production in its key markets of North America and Europe, along with lower complete vehicle production volumes due to the end of production for Jaguar I-Pace and E-Pace models. Despite the...
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    Hyundai Mobis Q2 FY 2025 sales up 8.7% year over year to $11.7 billion
    Hyundai Mobis reported an 8.7% year-over-year increase in sales to 15.9 trillion won (about $11.7 billion) in the second quarter ended June 30, 2025, according to a press release on July 25. Higher sales helped the leading South Korean supplier record a 36.8% year-over-year growth in operating profit to 870 billion won, resulting in an operating profit margin of 5.5% compared to 4.3% during the same period in 2024. However, the company reported a 6.3% year-over...
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    AutoTechInsight Weekly - 28 July 2025
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    Ams OSRAM, Marelli collaborate to offer micro-LED headlights for Nio ET9 premium electric sedan
    Austrian supplier ams OSRAM has collaborated with Marelli to supply high-resolution, digital headlights, featuring its EVIYOS HD25 intelligent multipixel LED solution for the Nio ET9 premium electric sedan. Ams OSRAM’s EVIYOS HD25 features a micro-LED matrix with 25,600 controllable pixels, enabling adaptive beam shaping and road-surface projections that enhance safety and communication between the vehicle, driver and environment. The EVIYOS HD25 offers strategic advantages for automot...
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