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    FISITA World Mobility Conference 2025: Key themes and concerns for the automotive industry
    One thing is abundantly clear after the FISITA World Mobility Conference (WMC) last week. Megatrends impact everything. No longer can chassis development, braking, safety validation and so forth stand alone without impact from the broader drive towards electrification, the AI revolution or SDVs, to name a few.  The event’s sessions gave the impression that electrification is already baked into the industry, particularly in Europe where the debate on (regulation-pushed) direction is ...
    Insights
    Beyond horsepower: Compute becomes the new competitive edge for OEMs
    Automotive compute power is becoming a defining metric of vehicle capability — not just for autonomy, but across cockpit systems, connectivity and life-cycle software deployment. As vehicles transition toward centralized electrical/electronic (E/E) architectures and software-defined platforms, silicon performance is now a core determinant of what a vehicle can do — and how long it will remain competitive in the field. Two metrics have emerged as industry standards for measuring this compu...
    Insights
    AutoTechInsight Weekly - 14 July 2025
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    News
    IAA Mobility 2025: Valeo will unveil next-gen vehicle technology for enhanced mobility solutions
    Valeo is gearing up to unveil its next-generation vehicle technology at Internationale Automobil-Ausstellung (IAA) Mobility 2025, highlighting innovations in hardware, software and AI aimed at enhancing safety, sustainability and personalization in mobility. The event, scheduled from Sept. 8 to 12 at Munich Messe, Germany, will feature Valeo's advancements in its software-defined vehicles (SDVs), encompassing enhanced updatability, upgradability and personalization. The display will focus o...
    News
    AutoTechInsight Weekly - 7 July 2025
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    News
    Forvia announces key changes in senior leadership team
    Forvia has announced two major changes in its executive committee. According to a press release by the French supplier on July 1, Olivier Lefebvre has been appointed as the new executive vice president and chief operating officer (COO). Forvia also appointed Sébastien Limousin as executive vice president of the Clean Mobility business group. Both appointments became effective on July 1. Lefebvre has been associated with Forvia since 1995 and held several senior ...
    News
    Forvia Hella to boost development of software-only products
    Global automotive supplier Forvia Hella is enhancing its involvement in software-based business models by establishing a new company, Hella Ignite GmbH. This new entity is focused on accelerating the creation of software-only products efficiently and should grow to an international team of about 40 software development experts by the end of 2025. Kay Talmi, Hella Ignite GmbH's Managing Director, emphasized the increasing importance of software in everyday mobility, particularly as the market for...
    News
    Seoul Semiconductor's WICOP No-wire technology advances in automotive market
    In a press release on July 2, Seoul Semiconductor announced that its No-wire technology, WICOP, has been utilized in the automotive sector as mini LED displays since May. WICOP is significant for being the first No-wire LED technology, and its entry into the automotive display market is noteworthy due to its high brightness and durability, even under challenging conditions. The technology applied to mini LED displays allows for ultraslim designs, making it suitable for full array local dimmin...
    News
    AutoTechInsight Weekly - 30 June 2025
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    News
    EIB approves €30 million financing for OLEDWorks under InvestEU program
    The European Investment Bank (EIB) has approved a €30 million financing package for OLEDWorks, a US-based company specializing in next-generation lighting solutions based on organic LED (next-generation display technology OLED). This funding, supported by the European Commission's InvestEU program, is intended to boost OLEDWorks' manufacturing and research and development capabilities, particularly in the automotive sector. The majority of this investment will be utilized in OLEDWork...
    News
    SL Corp. establishes new manufacturing facility in Mexico to produce headlight modules
    SL Mex, a subsidiary of South Korea-based automotive supplier SL Corp., established a manufacturing plant in San Luis Potosí, Mexico, local news portal MexicoNow reported June 23. The South Korean supplier invested $45 million in the first phase of the facility, which is located in the Logistik II industrial park in Villa de Reyes. The San Luis Potosí plant will produce headlight modules for global automakers such as BMW, General Motors, Hyundai and Kia. The plant, spread over 8.9 hectar...
    News
    ZKW Group appoints Christian Amsel new CTO, effective June 1
    ZKW Group, the Austria-based lighting supplier, announced in a press release on June 17 that Christian Amsel has been appointed as the new chief technology officer, effective June 1. Amsel took over from Udo Hornfeck, who left the company to explore new professional opportunities. Amsel brings to the ZKW Group more than 22 years of experience in automotive electronics and lighting technology. Most recently, he served in chief technology officer roles at Inalfa Roof Systems and Kongsberg Autom...
    News
    AutoTechInsight Weekly - 23 June 2025
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    Nissan unveils third-generation 2026 LEAF with enhanced range and innovative features
    Nissan Motor has unveiled the all-new 2026 LEAF, the third generation of its electric vehicle, offering a reimagined design with clean, dynamic body lines and a sport utility vehicle-like stance. The LEAF is set to reach US Nissan dealerships in the fall, with availability expanding to other markets thereafter. The new LEAF will be assembled alongside the Ariya at Nissan's Tochigi plant in Japan for the US and Canada markets. Key features of the vehicle include a new 3-in-1 powertra...
    News
    Suppliers to the Nissan Murano
    The Nissan Murano is produced at the Smyrna Vehicle Assembly Plant in Tennessee.  Production of the vehicle is expected to peak at more than 37111 in 2025  according to a forecast from S&P Global Mobility. Image Source : Nissan  Suppliers to the Nissan Murano COMPONENT NAME SUPPLIERS Connected Garage Door Access Control Chamberlain Group LED Rear Combination Lamp North American Lighting ...
    Insights
    AutoTechInsight Weekly - 16 June 2025
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    Marelli gains interim court approval to access up to $519 million of debtor-in-possession financing
    Marelli Holdings has received interim approval from the US Bankruptcy Court for the District of Delaware to access up to $519 million out of a total $1.1 billion in debtor-in-possession financing. This approval pertains to Marelli's First Day motions related to its voluntary Chapter 11 petitions. Marelli filed for Chapter 11 bankruptcy protection to restructure its long-term debt on June 11. The secured financing, along with revenue from Marelli's ongoing operations, is intended to provi...
    News
    General Motors plans to invest $4 billion on its US manufacturing plants
    US carmaker General Motors (GM) announced that it plans to invest $4 billion over the next two years to boost its domestic production of gasoline-powered and electric vehicles. This investment aims to increase the company's annual domestic vehicle assembly to over 2 million units. GM's announcement follows an earlier plan to invest $888 million in the Tonawanda propulsion plant near Buffalo, New York, to support the development of its next-generation V-8 engine. The new investments will impac...
    News
    Auto Shanghai 2025: Mainland China emerges as a key force in driving innovation in automotive lighting
    Auto Shanghai 2025, organized at the National Exhibition and Convention Center (NECC) in Shanghai from April 23 to May 3, 2025, was a great opportunity for automotive suppliers to showcase their latest innovations in lighting. The biennial event attracted lighting suppliers — both global and local — to present their smart lighting solutions, including concepts, for front and rear lighting as well as interior lighting. Among tier1 lighting suppliers, Forvia Hella, Marel...
    Insights
    AutoTechInsight Weekly - 9 June 2025
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    News
    Marelli considering filing for Chapter 11 bankruptcy in US – report
    Marelli Holdings, a major auto parts supplier owned by private equity firm KKR, is considering filing for Chapter 11 bankruptcy protection in the US, according to a June 7 Reuters report. The report referenced Kyodo news agency as the source of the news, with Kyodo citing unnamed sources. Marelli is a key supplier for Nissan and Stellantis, and is exploring this option to ensure that its business operations continue uninterrupted, even if negotiations with creditors do not yield positive re...
    Briefing
    AutoTechInsight Weekly - 2 June 2025
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    News
    Samvardhana Motherson reports strong growth in revenue and profit in FY 2024/25; plans $700 million capital expenditure in FY 2025/26
    Samvardhana Motherson International Ltd. reported a 40% year-over-year increase in net income of 38 billion rupees (about $444.5 million) in the financial year ended March 31, 2025, the leading auto parts manufacturer from India said in a press release on May 29. The company recorded strong growth in net profit as total revenue surged 15.2% year over year to 1.14 trillion rupees. Higher revenue also helped the Indian supplier to record a profit before tax of 56.2 billion rupees, up 37% year...
    Briefing
    South Korean government offers $182.2 million in low-interest loans to support auto-parts firms hit by US tariffs
    The South Korean government announced plans to provide a total of 250 billion won (about $182.4 million) in low-interest loans to small and medium-sized auto-parts manufacturing firms until the end of 2026 as a measure to mitigate the impact of US tariff, Yonhap News Agency reported May 28. This initiative, articulated by the Industry Ministry on Wednesday (May 28), is aimed at cushioning the sector from economic disruptions caused by these tariffs. Auto-parts manufacturers that have been exp...
    News
    Koito Manufacturing’s FY 2024/25 net sales decline 4% year over year to $6.1 billion
    Automotive lighting supplier Koito Manufacturing reported a 4% year-over-year decline in net sales to ¥916.7 billion (about $6.1 billion) for the financial year ended March 31, 2025, the company said in a press release on May 12. The lower sales impacted the company’s operating profit, which fell by 20% year over year to ¥44.8 billion. Despite this, Koito recorded a 13% year-over-year increase in net profit to ¥46.2 billion. Net sales declined...
    News
    General Motors updates GMC Hummer EV and Cadillac Optiq for improved performance and safety
    General Motors (GM) announced software updates for its GMC Hummer EV and Cadillac Optiq electric vehicles, focusing on enhancing driving performance and addressing a windshield malfunction. For the Hummer EV, the update introduces the King Crab off-road driving mode. This mode, previously available only briefly and in limited capacity through Mystery Mode in Drive Mode Control, allows the rear axle wheels to turn at low speeds for better maneuverability in tight spaces. The 2026 models will...
    News
    AutoTechInsight Weekly - 26 May 2025
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    Toyota recalls 443,000 Tundra vehicles in the US due to reverse lamp defect
    Toyota is initiating a safety recall for certain models of year 2022–25 Tundra and Tundra Hybrid vehicles in the US to fix a glitch in their reverse lights that could make them stop working, Fox Business reported May 23. The recall affects 443,000 vehicles. According to the report filed by the automaker with the National Highway Traffic Safety Administration (NHTSA), the multilayer vent patch in the reverse light assemblies of the recalled vehicles "may separate over tim...
    News
    TactoTek partners with NBHX to promote IMSE technology in Chinese automotive industry
    TactoTek, a Finland-based company specializing in in-mold structural electronics (IMSE), announced a strategic partnership with NBHX, a mainland China-based supplier of automotive interior and exterior solutions, to promote the adoption of IMSE technology in the Chinese automotive industry. This collaboration marks a significant move in TactoTek's global growth strategy and offers Chinese automotive original equipment manufacturers access to advanced design and manufacturing options. I...
    News
    AutoTechInsight Weekly - 19 May 2025
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    News
    About 92% of auto parts produced in Mexico comply with USMCA requirements, says INA
    According to Gabriel Padilla, general director of the National Auto Parts Industry (La Industria Nacional de Autopartes: INA), the association of automotive components suppliers in Mexico, about 92% of auto parts manufactured in the country comply with the US-Mexico-Canada Agreement (USMCA) regulations, allowing them to be exempt from tariffs when exported to the US. The remaining 8% face an average tariff of 27%. “We are one of the sectors with the highest level of compliance with the USMC...
    News
    VueReal to showcase automotive microLED innovations at Display Week 2025
    VueReal, based in Waterloo, Ontario, announced it will unveil its latest microLED advancements during Display Week 2025 in San Jose, California. The company, recognized for its MicroSolid Printing™ technology, focuses on scalable solutions for diverse applications, including automotive, consumer electronics, and emerging technologies. VueReal's proprietary platform overcomes manufacturing barriers by enabling precise, high-yield microLED transfers, ...
    News
    AutoTechInsight Weekly - 12 May 2025
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    News
    Korean supplier Roots develops ultracompact phosphor-in-glass technology for smart automotive lighting systems
    Roots, a South Korea-based company specializing in phosphor-in-glass (PiG) products, has developed an ultracompact 450㎛ PiG component optimized for next-generation smart multibeam headlights. This development marks a significant evolution in existing PiG technology, enhancing Roots' competitive edge in the global market. Roots began the development of PiG technology in the mid-2010s using semiconductor processing techniques. The PiG component, a critical optical element, combines phosphor a...
    News
    How automotive lighting market in India is evolving
    Earlier this year at the Bharat Mobility Global Expo, held in New Delhi, India, several automakers present in the Indian market unveiled their new vehicle models equipped with advanced lighting systems, including full LED headlights and taillights, daytime running lights (DRLs), front and rear light bars, and illuminated logos. Tata Motors, for example, presented its lineup of Nexon, Safari and Harrier SUV models, each featuring LED headlights and taillights, DRLs in the front, and rear lig...
    Insights
    Continental reports improved earnings in Q1 FY 2025 despite marginal decline in sales to €9.7 billion
    Continental has reported a 0.8% year-over-year decline in consolidated sales to €9.7 billion in the first quarter ended March 31, 2025. Lower sales reflect a challenging automotive business environment in Europe and North America, the two key markets of the Germany-based supplier, where light vehicle production dropped 7% and 5%, respectively. The company recorded adjusted earnings before interest and taxes of €639 million and an adjusted EBIT margin of 6.6%....
    News
    AutoTechInsight Weekly - 5 May 2025
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    News
    Forvia’s Q1 FY 2025 revenue up 2.6% year over year to €6.7 billion
    Forvia reported a 2.6% year-over-year increase in consolidated revenue to €6.7 billion in the first quarter ended March 31, 2025, the French supplier said in a press release. On constant exchange rates, revenue increased 2.1% during the period when the global light vehicle production increased by 1.3% to 21.4 million. The company recorded strong growth in revenue in Europe, the Middle East and Africa, and Asia, which was partially offset by lower revenue in the Americas. In EMEA, Forvia rec...
    News
    Aptiv reports Q1 2025 revenue at $4.8 billion, down 2% YOY
    As reported in a press release on May 1, Aptiv reported a generally accepted accounting principles revenue of $4.8 billion, marking a 2% decrease from $4.9 billion in the previous year, for the three months ended March 31, 2025. In the first quarter of 2025, the company reported a GAAP net loss of $11 million, compared to a net income of $218 million in the same period last year. The company also reported a GAAP operating income of $448 million in the first quarter of 2025...
    News
    Auto Shanghai 2025: Appotronics debuts full-vehicle optical system
    Appotronics unveiled its Lingjing intelligent automotive optical system at the Auto Shanghai 2025. Lingjing is a comprehensive solution enabling dynamic projections on any vehicle surface, both interior and exterior, including windshields, dashboards, seats, and windows. The system delivers high-luminance lighting and interactive displays, transforming vehicles into responsive 'digital emotional spaces' that adapt to occupants' needs in real time. The system spans seven key application scenar...
    News
    Stanley Electric's FY 2024/25 net sales rises 7.9% year over year to $3.4 billion
    Automotive lighting supplier Stanley Electric reported a 7.9% year-over-year increase in net sales to ¥509.6 billion (about $3.4 billion) in the financial year ended March 31, 2025. Higher sales helped the Japan-based company record a 36.7% year-over-year growth in operating income to ¥49 billion. Stanley Electric concluded the financial year with net income of ¥32 billion, up 21% year over year from ¥26.5 billion reported in the previous financial year. Stanley Electric attributed growth...
    News
    Auto supply chain: Merge or miss out?
    The 2020s have not been auspicious for the automotive industry or the automotive supply chain. Increasing regulatory stringency regarding emissions and fuel economy, the topsy-turvy transition to electric vehicles, the rise of software-defined vehicles (SDVs) and, more recently, tariffs and counter-tariffs imposed by various countries have all contributed to the current turmoil. All this followed the COVID-19 pandemic at the beginning of the decade, which caused widespread auto supply chain...
    Insights
    AutoTechInsight Weekly - 28 April 2025
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    News
    Auto Shanghai 2025: Antolin showcases next-generation automotive interior solutions
    Antolin is presenting its value proposition centered on sustainability, technology integration and user experience at the Shanghai Auto Show taking place at the National Center for Exhibition and Convention in Shanghai. The company is showcasing its latest advancements in lighting, electronics, human-machine interface (HMI) and decorative surfaces, emphasizing its strategic partnership with over 100 vehicle manufacturers worldwide. One of the key solutions Antolin is presenting at A...
    News
    Valeo partners with Appotronics to develop next-generation front lighting systems
    Valeo has entered a strategic partnership with Appotronics, a mainland China-based company specializing in laser display technology, to develop next-generation front lighting systems. The collaboration will bring together Valeo’s expertise in lighting system design, along with its software capabilities, and Appotronics’ knowledge in projection systems design based on laser display technologies. The new front lighting system that the two partners will jointly develop will incorporate Appot...
    News
    Continental names Automotive Group Sector business as Aumovio
    Continental has decided to name its Automotive Group Sector business, which is set to become an independent company, Aumovio, the company announced on the sidelines of Auto Shanghai 2025. According to the Germany-based supplier, the new name embodies a strong market position, rich heritage and technological expertise, all aimed at transforming the future of mobility through innovative solutions. Pending approval at the Continental annual shareholders' meeting on April 25, Aum...
    News
    Auto Shanghai 2025: Marelli unveils advanced automotive lighting innovations
    Marelli is presenting its latest advancements in automotive lighting at Auto Shanghai 2025, currently taking place at the National Center for Exhibition and Convention in Shanghai. The company's display will feature key innovations, including the Pixel Rear Lamp, Near-Field Ground Projection technology and the Thin Lit Line Headlamp. These developments signify new experiences in smart mobility and automotive lighting, crafted through collaboration with customers. The Pixel Rear Lamp integrate...
    News
    AutoTechInsight Weekly - 21 April 2025
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    News
    Auto Shanghai 2025: Continental to unveil automated driving and light projection tech
    In a press release on April 15, Continental announced that it will highlight its innovations aimed at transforming future mobility through software-defined vehicle technologies, focusing on safety, autonomy and sustainability at Auto Shanghai 2025. During a press conference scheduled for April 23, Philipp von Hirschheydt, an executive board member responsible for the Group Sector Automotive, will reveal the name of an independent Automotive company that will emerge from Continental's planned spi...
    News
    Auto Shanghai 2025: Forvia plans to unveil range of innovative technologies aimed at enhancing mobility experiences
    At the upcoming Shanghai Auto Show, Forvia is set to present a range of innovative technologies aimed at enhancing mobility experiences. Among the innovations to be showcased is the Saphir, a midsize low-body car segment featuring AI-driven advancements designed for comfort, efficiency and freedom during travel. The exhibit will also introduce groundbreaking electronics such as the Electric fuse iConF and the Radar ForWave7e, both by Forvia Hella, which contribute to vehicle safety and autonomou...
    News
    Volkswagen introduces PAC-MAN game in select models
    Volkswagen is broadening its entertainment features within select vehicle models by introducing the PAC-MAN Championship Edition as part of the optional AirConsole03 In-Car App. This game can be played on the car's infotainment display while parked, using a smartphone as the controller. Volkswagen is pioneering by integrating the car's background lighting and, for certain ID. models, the ID. Light as an option to enhance the gaming experience. The interior lighting responds to the game, creating...
    News
    Auto Shanghai 2025: Valeo to present innovations in smart electrification, ADAS, lighting and sustainable mobility
    At the upcoming Auto Shanghai 2025, scheduled to be held from April 23 to May 2 in Shanghai, Valeo will present its innovations across four strategic areas of smart electrification, advanced driver assistance systems and user experience, lighting styling, and commitment to sustainable mobility. In the field of smart electrification, Valeo will present an ultracompact On-Board Charger and DC-DC Converter Combo ready for bidirectional charging; the Predict4Range software capable of boosting ran...
    News
    Auto Shanghai 2025: Continental to showcase advanced lighting solutions
    At the upcoming Auto Shanghai 2025, scheduled to be held in Shanghai from April 23 to May 2, Continental is set to highlight its array of high-end light solutions aimed at enhancing safety and driver experience. The Germany-based company plans to exhibit a comprehensive range of automotive light solutions, including the Headlamp Control Module (HCM) Air, software functions for automatic leveling of low-beam mode, and a near-field projection system utilizing laser beam scanning (LBS). Thi...
    News
    AutoTechInsight Weekly - 14 April 2025
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    AutoTechInsight Weekly - 7 April 2025
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    Shift happens: Suppliers drive home higher profits than OEMs in Q4 2024
    The automotive industry has long been recognized as a high-capital, low-return sector, grappling with various economic pressures and competitive challenges. In recent years, the landscape has shifted dramatically, particularly with the rise of mainland Chinese automotive companies. Here we review the profitability trends between original equipment manufacturers (OEMs) and suppliers, and the implications of macroeconomic factors that shape the industry. The automotive sector is currently in tu...
    Insights
    Forvia Hella's FY 2024 sales improves marginally to €8 billion
    Forvia Hella’s sales increased 0.9% year over year to €8 billion in the financial year ended Dec. 31, 2024, the Germany-based supplier said in a press release. Sales, after adjusting currency fluctuations, improved 1.3% year over year to €8.1 billion. This topline performance comes amid a 1.1% decrease in global vehicle production, with a notably larger decline of 4.3% in the European automotive market. Despite improvement in sales, the company witnessed an 8.3% year-over-year decl...
    News
    AutoTechInsight Weekly - 31 March 2025
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    Auto Shanghai 2025: Marelli to showcase innovative automotive technologies
    Marelli will present its latest technological innovations at Auto Shanghai 2025, scheduled to be held from April 23 to May 2 at the Shanghai National Exhibition and Convention Center in mainland China. Under the theme "Fast Forward. Forward Fast.", the company aims to demonstrate its commitment to expediting product development and enabling customers (carmakers) to get to market faster to capture early market share. Marelli's presentation at its booth, located at Hall 1.2H, Stand 1BF009, wi...
    News
    Nexperia launches advanced automotive lighting integrated circuit for better compliance and efficiency
    Nexperia, a semiconductor company based in Nijmegen, the Netherlands, has unveiled a new automotive lighting solution: A 12-channel, 40-V high-side LED driver integrated circuit (IC) — the NEX13120FPC-Q100 — designed to meet the stringent ASIL-B level compliance for automotive lighting applications including tail, brake, signal and in-cabin illumination. This innovative product seeks to aid automotive manufacturers in achieving ASIL-B compliance earlier in the design proc...
    News
    AutoTechInsight Weekly - 24 March 2025
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    AutoTechInsight Weekly - 17 March 2025
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    OPmobility's FY2024 revenue rises 2.2% year-over-year to €11.6 billion
    OPmobility, formerly known as Plastic Omnium, has reported results for the financial year ended Dec. 31, 2024. The company recorded a 2.2% year-over-year increase in economic revenue to €11.6 billion, mainly driven by the Modules and Exterior business segments. Consolidated revenue, which does not include OPmobility’s share of revenue from joint ventures, improved 1.6% year over year to €10.5 billion.    The company’s economic revenue remained stable at 2023 level in Europe ...
    Briefing
    BrightView secures $7 million in Series B funding to fuel growth
    BrightView Technologies, a company specializing in computational optics solutions, has successfully closed a $7 million Series B Preferred Stock equity funding round. The funding, led by Hella Ventures, the corporate venture capital arm of Forvia Hella, and Technology Venture Partners, aims to accelerate BrightView's market growth, support further research and development, and enhance the company's production capabilities. “The first close of our Series B Preferred Stock financing reflects ...
    News
    Ambient lighting: more than just decorating vehicle interior
    Ambient lighting has rapidly emerged as a key tool for automotive designers to transform vehicle interior. Demand for the innovative interior lighting solution has grown rapidly over the past five years, consistently setting new fitment records annually. According to the forecast by S&P Global Mobility analysts, automakers installed 318.4 million ambient light components in more than 89 million vehicles produced in 2024. Ambient light fitment is forecast to continue to grow over the next six...
    Insights
    Stanley Electric completes capacity expansion at Hiroshima plant in Japan
    Stanley Electric has completed expansion of its Hiroshima factory in Japan. The company held a completion ceremony on Jan. 15. The Japanese supplier invested ¥8 billion (about $5.4 million) in the construction of the new building at the site. The capacity expansion increased total floor area at the factory from 12,961 square meters to 24,354 square meters. The expanded factory will play a key role as a production hub for automotive lighting products, including headlamps and taillam...
    News
    Shanghai-based EV maker Nio initiates restructuring to focus on cost control
    Chinese electric-car maker Nio is implementing a new organizational restructuring to focus more on cost control, with William Li, the company’s founder, chairman and CEO, increasing his involvement in the supply chain management, according to a news report published by CnEVPost on March 10. The CnEVPost news report cites local media 36kr as the original source of this news. It said that the electric-vehicle maker has launched an internal management mechanism called Cell Business Uni...
    News
    AutoTechInsight Weekly - 10 March 2025
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    Sustainability practices in the automotive supply chain
    The automotive industry is transforming as it faces sustainability pressures and must adapt to changing market dynamics. Recently, the focus on sustainability has intensified due to regulatory requirements, consumer demand for greener products and the urgent need to combat climate change. The S&P Global Mobility 2025 Supplier Outlook highlights the sustainability practices being adopted across the automotive supply chain. The growing pressure for sustainability Luz Mauch, executive vic...
    Insights
    Valeo collaborates with TactoTek to advance vehicle lighting applications
    Valeo has entered a strategic partnership with TactoTek, a Finland-based company specializing in in-mold structural electronics (IMSE) technology, to enhance vehicle lighting solutions. The collaboration will enable Valeo to use TactoTek's IMSE technology to develop advanced interior and exterior lighting applications that offer both safety and style, catering to the growing consumer and original equipment manufacturer demand for personalized and differentiated vehicle designs. The integratio...
    News
    Navigating change: How automotive suppliers are adapting to consumer demands
    The automotive industry is rapidly evolving, shaped by shifting consumer preferences and economic pressures. Suppliers must be agile and proactive, swiftly responding to consumer demands while balancing production costs and profitability in a fiercely competitive market. The S&P Global Mobility 2025 Supplier Outlook emphasizes the need for suppliers to tackle these market changes head-on. Consumer behavior in flux Economic factors are key in shaping how consumers behave. In turn, these...
    Insights
    AutoTechInsight Weekly - 3 March 2025
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    News
    Forvia’s FY 2024 sales drops 1% year over year to €27 billion
    Forvia’s sales declined 1% year over year to €27 billion in the financial year ended Dec. 31, 2024, the French supplier said in a press release. Organic sales, at constant scope and currencies, increased 0.4% year over year in a challenging business environment, when global vehicle production fell 1.1% to 89.5 million units. At €1.4 billion, operating income was down 2.7% from €1.4 billion and equivalent to 5.2% of sales compared to 5.3% in 2023. The company concluded the financial ye...
    Briefing
    Valeo FY 2024 sales up 2.5% year over year to €21.5 billion
    Valeo’s sales declined 2.5% year over year to €21.5 billion in the financial year ended Dec. 31, 2024, the French supplier said in a press release. On a like-for-like basis, the company’s sales decreased 0.5%. Original equipment (OE) sales declined 4% year over year to €17.95 billion and was equivalent to 84% of Valeo’s total sales in 2024. At €2.3 billion, aftermarket sales remained stable at the 2023 level and accounted for 11% of the company’s total sales during the fi...
    Briefing
    Volvo recalls over 2,000 EX90 electric SUVs in US to fix issue with headlights
    Volvo Cars has issued a voluntary recall of certain model year 2025 EX90 electric sport utility vehicles in the US due to a headlamp malfunction that may temporarily impair low and high beams, increasing the risk of accidents. The recall affects 2,061 units of the flagship electric vehicle model, which Volvo launched in the US in September 2024.   The EX90 comes equipped with LED headlights that feature main low and high beam lamps neatly tucked behind the iconic Thor’s Hammer daytime ...
    News
    SAIC, Huawei to cooperate on the development of smart EVs
    SAIC Motor Corp. Ltd. and Huawei Device Co. Ltd. have signed a strategic agreement in Shanghai to cooperate in the development, manufacturing, supply chain management, sales and service of new-energy smart cars, SAIC announced Feb. 21. Jia Jianxu, president of SAIC Motor, and Wang Yanmin, president of Huawei’s Device Smart Car Business Unit, signed the contract on behalf of SAIC Motor and Huawei, respectively. The signing event was attended by Wang Xiaoqiu, chairman of SAIC Motor,...
    News
    BYD engages with Italian component manufacturers to increase localization in Europe
    Chinese electric vehicle and battery manufacturer BYD has met with several Italian automotive component suppliers in Turin, Italy, to select new suppliers for its Europe-based manufacturing sites. The event, organized by BYD with the support of the Italian Association of the Automotive Industry (Associazione Nazionale Filiera Industria Automobilistica [ANFIA]), was aimed at establishing a common ground between the vehicle manufacturer and local supply chain stakeholders, along with ...
    Briefing
    AutoTechInsight Weekly - 24 February 2025
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    News
    Rivian recalls 17,260 vehicles over headlight issue
    Rivian is recalling 17,260 electric vehicles in the US due to a headlight issue that could reduce visibility and increase the risk of a potential crash. The recall covers certain model year 2025 R1T pickup trucks and R1S sport utility vehicles, manufactured between April 29, 2024, and Feb. 3, 2025. In affected EVs, the headlight low beam may fail to illuminate when starting the vehicle in cold weather. According to documents submitted by Rivian with the National Highway Traffic Safety Adminis...
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    ams Osram unveils new LR6 LED for automotive rear lighting applications
    ams Osram has announced that its new LR6 LED light source for XLS (eXchangeable) signal lamps is ready for series production. This development is expected to significantly enhance the design and safety features of automotive rear lighting. The new red LED is an easy-to-install, plug-and-play solution, offering powerful performance, compact design and high reliability. Its integration into ams Osram's third-generation XLS signal lamp platform — which adheres to the United Nations Econom...
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    Teamwork makes the dream work in automotive
    In an era where vehicles are as much about software as they are about steel, partnering has become essential rather than just beneficial. It is the powerhouse driving advancements in connected vehicles, autonomous driving innovations and sustainable practices within the automotive industry. However, collaboration in this sector can be a double-edged sword; while it sparks innovation, it also presents challenges. Cultural clashes, intellectual property dilemmas and the need for agility in respons...
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    Charting a course through automotive supply chain disruptions
    The automotive industry is grappling with a myriad of supply chain disruptions that have become increasingly common since the pandemic struck. In addition to Brexit complexities, rising material costs, natural disasters, geopolitical tensions and economic instability are forcing companies to rethink their logistics and sourcing strategies on the fly. While improvements are anticipated in the global car chip shortage, challenges persist. As Nimish Ashar, associate director of E/E & Semicon...
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    Steering through regulations in the automotive sector
    As the automotive industry evolves, suppliers must prioritize regulatory compliance due to stricter environmental laws linked to climate change. Investing in new technologies is essential to avoid penalties and enhance competitiveness. We examine the regulatory challenges facing suppliers and share insights from industry executives in S&P Global Mobility’s 2025 Automotive Supplier Outlook. Regulatory pressures: A catalyst for change Automotive suppliers are facing numerous challenges...
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    Facing the skills crisis in the European automotive sector
    The European automotive supply industry is currently grappling with a severe labor shortage, exacerbated by record attrition levels that have plagued it over the past few years. This alarming situation has led to job losses that surpass even the darkest days of the pandemic. Despite optimistic forecasts for new job creation, the reality reveals a staggering net loss of nearly 56,000 positions since 2020, with the worst yet to come, according to The European Association of Automotive Suppliers (C...
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    The impact of semiconductor tariffs on automotive costs: A quantitative analysis
    Amid escalating trade tensions, US President Donald Trump has intensified pressure on key industries with a series of executive orders, ordering a review of US trade agreements and signaling further tariffs on automotive, semiconductors and pharmaceuticals. With a potential 25% tariff on all imported vehicles and new steel and aluminum tariffs set to take effect on March 12, 2025, the automotive sector faces mounting uncertainty. With the rise of software-defined cars, semiconductor content p...
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    Hyundai Mobis FY 2024 net profit rises 46.5% year over year to $2.75 billion on higher sales
    Hyundai Mobis reported a 46.5% year-over-year increase in net profit to 4 trillion won (about $2.75 billion) in the financial year ended Dec. 31, 2024. The leading South Korean automotive supplier reported strong growth in net profit driven by a 28.4% year-over-year increase in sales to 52.2 trillion won. Higher sales also helped Hyundai Mobis to achieve a 73.4% year-over-year increase in operating profit to 3.1 trillion won and a 45.6% year-over-year jump in pretax profit to 5.3 trillion won. ...
    News
    Suppliers to the new Audi Q5
    The Audi Q5 is manufactured at  the plant in San José Chiapa, Puebla .Production of the car is expected to peak at 105120 in 2025, according to a forecast from S&P Global Mobility. One of Audi's modern plants is in San José Chiapa, which opened its doors in 2016. IIt is highly flexible and perfectly adaptable for the production of new vehicles. For the new Q5, the company has managed to change its systems during ongoing operations with minimal disruption, enabling a ...
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    Magna’s FY 2024 net profit declines 16.8% year over year to $1 billion as sales remains stable at $42.8 billion
    Magna’s net profit declined 16.8% year over year to $1 billion in the financial year ended Dec. 31, 2024. Sales improved slightly by $39 million to $42.8 billion. The Canadian supplier recorded income from operations before income taxes of $1.5 billion, down 4% year over year from $1.6 billion in the previous financial year. Adjusted earnings before interest and taxes at $2.3 billion was 4% up year over year from $2.2 billion recorded in 2023. The company’s full-year sales benefited from ...
    Briefing
    AutoTechInsight Weekly - 17 February 2025
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    OPmobility reshuffles senior leadership team
    OPmobility, previously known as Plastic Omnium, announced significant changes to its senior leadership team (executive committee) on Jan. 16. Christian Kopp, who most recently served as senior executive vice president and president of the Exterior Business Group, will now head a new Business Group that merges OPmobility's Exterior and Lighting activities, effective Feb. 1. Kopp will oversee 59 plants and 26,000 employees across 18 countries to bolster the Lighting business and development of ...
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    AutoTechInsight Weekly - 10 February 2025
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    Bharat Mobility Global Expo 2025 reflects growing appetite for EVs in India
    The Indian electric vehicle industry seems to have entered the fast lane. The market is flush with new EV models, charging infrastructure is growing, and most of all, sales are rising. Nearly 100,000 EVs were sold in the country in 2024, a 20% growth compared to the previous year. The enthusiasm for EVs was quite visible at this year’s Bharat Mobility Global Expo, the leading auto show in India, now in its second year. The event held from Jan. 17–22 had more than 1,500 exhibitors and reco...
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    Lumileds unveils new multicolor LED, the Luxeon C ES
    Lumileds has introduced a new multicolor LED, the Luxeon C ES, designed to tackle the challenges of creating small, high-output, complex LED arrays. The new LED aims to address key issues in multicolor LED fixtures, such as maximizing light output, reducing array size, achieving excellent color mixing, and delivering efficiency, complex electrical routing and thermal management. The Luxeon C ES features a large die within a small package, enhanced by a dome and a novel three-stripe pad design, w...
    News
    AutoTechInsight Weekly - 3 February 2025
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    News
    Stanley Electric's nine-month FY 2024/25 net sales up 5.8% year over year to $2.4 billion
    Stanley Electric has reported a 5.8% year-over-year increase in net sales to ¥375.9 billion (about $2.4 billion) in the nine-month period of the current financial year 2024/25, ended Dec. 31, 2024. Higher sales helped the Japan-based lighting systems supplier to record a 20.2% year-over-year growth in operating profit to ¥32.9 billion and a 37.2% year-over-year increase in net profit to ¥19 billion. Sales in Stanley Electric’s Automotive Equipment Business increased 11.1% year over year ...
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    Kia recalls nearly 75,000 Sorento SUVs in US to fix software glitch that could hinder functioning of headlights and taillights
    Kia is recalling 74,469 Sorento SUVs in the US due to a software glitch that could affect functioning of headlights and taillights, Green Car Reports said Jan. 27. The recall mainly covers non-hybrid Sorento SUVs but includes hybrid and plug-in hybrid variants as well.   According to documents submitted by the South Korean automaker to the National Highway Traffic Safety Administration (NHTSA), a software logic error with the body domain control unit has the potential to cause momentary ...
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    AutoTechInsight Weekly - 27 January 2025
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    News
    Aptiv announces intention to separate Electrical Distribution Systems business
    In a press release on Jan. 22, Aptiv announced that its board of directors has unanimously approved a plan to separate its Electrical Distribution Systems (EDS) business from Aptiv, creating two independent companies, each optimally positioned to serve their customers and create value for their shareholders. Benefits of the separation transaction As separate companies, Aptiv and EDS are each expected to benefit from: Strategies and operating initiatives that are focused on each company...
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    Bharat Mobility Global Expo 2025: Uno Minda showcases advanced EV technologies
    At the Bharat Mobility Auto Expo Components Show held at Yashobhoomi in New Delhi, Uno Minda showcased its cutting-edge automotive technology portfolio, focusing on electric vehicle systems and advanced lighting solutions, Autocar Professional reported Jan. 21. The company's 800-meter pavilion featured three EV demonstrators and a variety of automotive control systems. Highlights of the showcase included integrated e-axles, battery management systems (BMS) with dual-charging capabilities for ...
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    Koito completes acquisition of US-based Lidar specialist Cepton
    Koito Manufacturing has completed the acquisition of US-based Lidar specialist Cepton. The acquisition, finalized on Jan. 7, transforms Cepton into a private, indirect subsidiary of Koito, with its headquarters remaining in San Jose, California. Following the acquisition, Cepton's shares were delisted from the Nasdaq, with each share of Cepton common stock being converted to $3.17 in cash, marking a significant milestone in the journey of both companies toward reshaping the landscape of automoti...
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    AutoTechInsight Weekly - 20 January 2025
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    News
    How tech, supply chain stack up for a joint Honda-Nissan holding company
    On Dec. 23, 2024, leading Japanese carmakers Nissan Motor Co. and Honda Motor Co. signed a memorandum of understanding (MOU) to further ongoing discussions for establishing a joint holding company, overarching the Honda and Nissan brands. While the merger could create the world’s third-largest vehicle manufacturer by sales, Nissan and Honda expect that the revenue of a joint holding company could exceed ¥30 trillion ($192.66 billion) with a 10% operating profit margin. This level of profit...
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