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    Dutch move on Nexperia triggers nervousness among auto suppliers and OEMs
    On Monday, Oct. 13, the Dutch government took a decisive step to assume control of Nexperia, the Nijmegen-based semiconductor manufacturer owned by mainland China’s Wingtech. Officials described the intervention as “highly exceptional,” citing governance shortcomings, national security risks and the need to safeguard critical technological capabilities for the Netherlands and Europe. Nexperia, headquartered in Nijmegen, the Netherlands, has been owned by Wingtech since 2018. Wingtech is...
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    A new tug of war for semiconductors: data centers vs. automakers
    The automotive semiconductor market has been navigating a period of unusual volatility. On one side, near-term demand pressures are easing. The slowdown in electric vehicle adoption is reducing average chip content per vehicle, since EVs typically contain significantly more semiconductors than internal combustion models. Tariffs are further dampening global vehicle demand. S&P Global Mobility estimates suggest up to 0.6 million fewer vehicles will be produced in 2026 because of trade barrier...
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    Suppliers to the new BMW 8 Series
    The second generation BMW 8 Series is assembled at BMW's facility in Chengalpattu, India. According to IHS Markit production forecasts, output of the new generation BMW 8 Series from the plant is expected to peak in 2021 at over 51 units. If you would like your company included in this feature or the car cutaways published in Automotive News or Automotive News Europe, please e-mail Aman.kapoor@ihsmarkit.com.
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    European Union fines six suppliers for operating in cartel
    The European Union (EU) has fined six suppliers a total of EUR155 million (USD163.6 million) for operating as a cartel in many of the markets they function in, reports Reuters. The six companies are Mahle Behr of Germany, Denso, Calsonic, Panasonic and Sanden from Japan, and France-based Valeo. "Today's decision underlines that we do not accept cartels that affect the European market, wherever and however they may be organised,” European Competition Commissioner Margrethe Vestage was quoted as...
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    Akebono Brake appoints Wilm Uhlenbecker as president, CEO
    Akebono Brake has appointed Dr. Wilm Uhlenbecker as president and CEO, effective immediately, the company said in a press release yesterday (11 April). He will succeed interim president and CEO, Kanji Miyajima, who will serve as executive advisor to Uhlenbecker. Commenting on the appointment, Hisataka "Chuck" Nobumoto, president and CEO of Akebono Brake Industry, said, "We are excited to have Wilm join the Akebono family. His track record of successful leadership in a multi-cultural global e...
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    Minth to acquire Jiaxing Dura, Yinlun to purchase Thermal Dynamics, Xiyi to buy Chengde Suken
    A number of companies in Greater China and Taiwan have announced acquisitions in December. The large Minth Group announced on 23 December in a filing to the Hong Kong Stock Exchange (HKSE) that it had entered into a purchase agreement with Dura, Sinoone and Jiaxing Dura to purchase a 51% stake in Jiaxing Dura for CNY56.4 million. Prior to the acquisition, Jiaxing Dura was owned 51% by Dura and 49% by Sinoone, which is a Minth subsidiary. Following the acquisition Jiaxing Dura Automotive Parts Co...
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    Delphi sells 50% stake in Shanghai subsidiary
    Delphi Automotive has agreed to sell a 50% stake in Shanghai Delphi Automotive Air Conditioning System. The 50% stake is to be bought by Shanghai Aerospace Automobile Electromechanical Company, according to a report by business news website SinoCast.   Significance: In July, Delphi closed the sale of its wholly owned global thermal business to Mahle Behr GmbH. At the time, Delphi and Mahle also signed a letter of intent to sell Delphi's stake in Shanghai Delphi Automotive Air Conditio...
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    Mann+Hummel considering buying US-based Affinia's auto filter unit for USD1.3-1.4 billion – report
    Mann+Hummel is considering acquiring US-based Affinia's auto filter unit for USD1.3 billion-USD1.4 billion, said a Reuters report yesterday (16 August). The asset also attracted interest from US-based Donaldson, France's Valeo, and Germany's Freudenberg, said people familiar with the news. Affinia is the former replacement parts business of Dana, which sold the unit to Cypress and co-investor OMERS in 2004 for USD1.1 billion. The filtration business, which specialises in aftermarket oil, fu...
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    Delphi completes divestment of thermal business to Mahle Behr
    Delphi Automotive has completed divestment of its thermal business to Mahle Behr GmbH and certain of its affiliates, said a Delphi press release yesterday (1 July). Barclays served as Delphi’s financial advisor and Latham & Watkins LLP served as the company's legal counsel. Significance: In February this year, Mahle signed a definitive agreement to buy Delphi’s thermal business for USD727 million. The acquired business produces thermal system products ranging from HVAC modules and a...
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    MAHLE increases stake in Kokusan Denki to 90%
    MHALE has increased its stake in Kokusan Denki to around 90% from 38.87% in 2014, the company said in a press release. The company raised stake in Japan-based supplier, listed on the Tokyo Stock Exchange (TSE) through successful public tender offer. Following the acquisition, Kokusan Denki will be integrated into the MAHLE Group as “Electric Drives and Applications 2” profit centre. “MAHLE and Kokusan Denki have already successfully collaborated on several projects. As a globally positione...
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    MAHLE net income up 18% y/y to USD339 million in 2014
    MAHLE reported an 18.2% year-over-year (y/y) increase in net income to EUR279 million (USD339.1 million, 31 December 2014) in the financial year ended 31 December 2014, driven mainly by a 43.2% y/y jump in sales to EUR9.9 billion (USD12.1 billion), the company said in a press release. The company recorded higher sales primarily due to first-time full-year inclusion of sales from MAHLE Behr Group, which boosted sales by around EUR3 billion (USD3.6 billion). In addition, full consolidation of Leti...
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    BorgWarner reports net sales down 5% y/y in Q1
    BorgWarner has reported its first-quarter 2015 results, with a significant impact on net sales as a result of foreign currency effects. According to the US-based auto components supplier, adjusting for currency effects, its net sales grew 11% in the first quarter, compared with the same period last year, rather than the real decline of 5% year on year (y/y), to USD1,984 million. Specifically, the company said that the negative impact of foreign-currency exchange effects was about USD222 million....
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    Delphi agrees to sell air conditioning business to MAHLE – report
    Delphi has agreed to sell its automotive heating and cooling business to German competitor MAHLE GmBH, according to a Wall Street Journal (WSJ) report, for a price of more than USD700 million. WSJ also says that Delphi has agreed to sell its Shanghai Delphi Automotive Air-Conditioning System company to MAHLE, though details on that transaction were not available for the report.  Delphi’s thermal systems operation reportedly represents USD1.6 billion in annual sales and 13 manufacturin...
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    Management changes (Issue 1, 2015)
    American Axle & Manufacturing has named Donald L. Joseph its new president, Asia (vice-president, AAM Corporate. In this role, he will continue to lead the company’s regional business, engineering and manufacturing activity from American Axle’s Asia Headquarters and Engineering Center located in Shanghai, China. Asahi Glass has made some changes to its senior management team. The company has appointed Shinji Miyaji as new director in its board. Miyaji is currently senior executive of...
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    TrelleborgVibracoustic appoints Frank Müller as CEO
    TrelleborgVibracoustic, a subsidiary of Sweden-based automotive anti-vibration systems supplier Trelleborg,  has appointed Frank Müller as its new CEO, effective 1 June 2015, the company said in a press release yesterday (22 January). Müller will replace Hans-Jürgen Goslar, who is retiring from TrelleborgVibracoustic in the first quarter of 2016. Most recently, Müller has served as vice-president and general manager for US-based TRW Automotive’s Global Occupant Safety Systems division...
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    ZF sees sales of more than EUR18 billion in 2014, announces new appointments
    Germany-based automotive chassis and transmissions supplier ZF Friedrichshafen (ZF) expects sales to rise from EUR16.8 billion (USD23.1 billion, 31 December 2013) in 2013 to more than EUR18 billion (USD22.4 billion, 18 December 2014) in the financial year ending 31 December 2014, the company said in a press release today (18 December). Geographically, ZF projects Europe to contribute the largest share to its overall sales in 2014, accounting for 56.7%. Europe is expected to be followed by North ...
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    Indian supplier Suprajit acquire Pricol's speedo cable business
    India-based Suprajit Engineering has acquired the speedo cable business of another Indian parts maker Pricol Limited, the company said in a filing with the Bombay Stock Exchange (BSE). The acquired business caters to both OEM and aftermarket and generates around INR100 million (USD1.6 million) in annual sales. The company said that it executed a business transfer agreement with Pricol for the acquisition on a slump sales basis. Suprajit is currently in the process of transferring the plant a...
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    MAHLE reports USD296.2 million of profit from ordinary activities in H1 2014
    Mahle reported a 62% year-on-year (y/y) increase in sales to EUR4.9 billion (USD6.7 billion, 30 June 2014) in the first half (H1) of 2014, according to a company press release. The company’s net income surged 141.9% y/y to EUR146.1 million (USD199.4 million). The company’s Income from ordinary activities went up 88.3% y/y to EUR217.1 million (USD296.2 million). The company’s sales in Europe increased 80.3% y/y to EUR2.6 billion (USD3.5 billion) due to high sales of air conditioning an...
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    Behr Hella to present engine cooling, vehicle air-conditioning products at Automechanika in Germany
    Behr Hella Service, a 50:50 join- venture between Behr and Hella, will showcase its engine cooling and vehicle air-conditioning portfolio at Automechanika, an international trade fair of the automotive industry, in Frankfurt am Main, Germany, from 16 September to 20 September 2014, according to a company press release. The company will also present a range of products for hybrid vehicles including an electrically-driven refrigerant processor, refrigerant oil and a special storage evaporator. ...
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    Behr Hella to present products for hybrid vehicles at Automechanika in Germany
    Behr Hella Service, a 50:50 joint venture between Behr and Hella, will showcase a range of products for hybrid vehicles at Automechanika, an international trade fair of the automotive industry, in Frankfurt am Main, Germany, from 16 September to 20 September 2014, according to a company press release. The hybrid vehicle products include an electrically-driven refrigerant processor, refrigerant oil and a special storage evaporator. Additionally, the company will present its engine cooling and ve...
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    Mahle developing exhaust gas heat exchangers for gasoline engines – report
    Mahle is developing exhaust gas heat exchangers for gasoline engines, reports johndayautomotiveelectronics.com. The company estimates an improvement of 5% in fuel economy with the addition of exhaust gas recirculation (EGR) technology in gasoline engines. The system will also help to meet tighter fuel and emission requirements. These heat exchangers deliver high performance density and corrosion resistance. EGR systems and components are manufactured at the company’s facilities in Charleston, ...
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    MAHLE to acquire majority stake in Slovenian supplier Letrika
    On Friday (20 June), MAHLE signed an agreement to acquire 54% in the Slovenia-based supplier Letrika d.d, the company said in a press release. The conclusion of the agreement is subject to approval by the antitrust and supervisory authority, which MAHLE expects in the second half of this year. Letrika supplies electric motors, starter motors, generators and electrical drive systems for passenger cars and commercial vehicles. The company also caters to agricultural and construction machinery ...
    News
    Mahle net income up 58% y/y to USD324 million in 2013
    Mahle reported a 12.7% year-on-year (y/y) increase in sales to EUR6.9 billion (USD9.5 billion, 31 December 2013) in 2013, according to a company press release. The company’s net income surged 58% y/y to EUR236 million (USD324 million). The company’s EBITDA went up 6.4% y/y to EUR771 million (USD1.1 billion). Segmentally, Mahle group reported a 5% y/y decline in sales to EUR2.5 billion (USD3.5 billion) from Engine Systems and Components unit. The unit accounted for 36% of total group sale...
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    Röchling Automotive starts production at new German plant
    Röchling Automotive has started production at its new plant in Wackersdorf (Germany), says a company press release. “We are very pleased that we can put our new plant into operation as planned,” said Ulrich Mauß, executive vice-president, Röchling Automotive. The total investment amounted to EUR23m (USD31.2m). Significance: Previously, Röchling had leased its production site in the Wackersdorf innovation park from the BMW Group, the owner and operator of the innovation park. Last yea...
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    MAHLE acquires all shares in Indian JV
    MAHLE has acquired all shares in its joint-venture (JV) company MAHLE IPL Limited, according to the company’s press release. Prof. Dr. Heinz Junker, Chairman of the Management Board of the MAHLE Group and CEO, said, “In recent months, we have been able to secure important high-volume orders from major international customers, and therefore we wanted to have full independence in our future investment decisions and the transfer of technology. That’s why we took this step at this point in tim...
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    thyssenkrupp provides 20% weight reduction on new Skoda Octavia crankshaft
    thyssenkrupp has helped Skoda achieve 20% weight reduction on the crankshaft in the new Skoda Octavia’s revised 1.2- and 1.4-litre TSI gasoline engines, according to Automotive News Europe. Consequently, this has helped Skoda’s parent VW Group to trim 22kg from the engines. Significance: The new Skoda Octavia’s 1.2-litre engine now weighs 97kg while the 1.4-litre power plant weighs 106kg. thyssenkrupp’s lighter crankshaft coupled with the reduced internal friction and better thermal ...
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    MAHLE’s net sales down 5.4% y/y to USD3.9bn in H1 2013
    MAHLE has reported a 5.4% year-on-year (y/y) decline in net sales to EUR3.03bn (USD3.94bn, 30 June 2013), in the first half ended 30 June 2013, compared with EUR3.2bn (USD4.02bn, 30 June 2012) in the corresponding period a year ago, the company said in a press release.  The decrease in revenues was primarily attributed to unfavorable foreign exchange translations of nearly EUR90m (USD117m), owing to the devaluation of the Japanese yen and the Brazilian real. “The current weak situation on...
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    Suppliers to the new BMW X5
    ABC GROUP Windshield Washer Bottle System   APAG ELEKTRONIK          LED Based Door Handle Illumination                   AUTONEUM Brackets Heatshields                   BEHR F15/F15 Engine Cooling Module PTC heater Thrid Row PTC blower ...
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    Mergers and Acquisitions
    Acquirer Acquired Business Sector Comment Sumitomo Rubber Apollo Tyres’ South African business Tires Sumitomo Rubber Industries has acquired Apollo Tyres’ South African business, Apollo Tyres South Africa (ATSA), including the Ladysmith passenger car tire plant. The deal however excludes the plant in Durban which produces truc...
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    Behr revamps South Carolina facility in US
    Behr Heat Transfer Systems has revamped its facility in South Carolina (US), says the company’s press release. The company has redesigned the layout of the plant in order to improve efficiency and productivity. Behr took almost two years to redesign the plant which included the relocation of production equipment. Behr Heat Transfer Systems is a subsidiary of Behr America. The facility produces radiators, charge air coolers, exhaust gas recycling (EGRs) and engine cooling modules mainly for hea...
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    MAHLE acquires majority stake in Behr
    MAHLE has acquired a majority stake in Behr Group by increasing its equity holding from 36.85% to about 51%, says the company’s press release. The agreement allows MAHLE to acquire all shares in the BWK GmbH holding company (BWK) and Behr’s thermal management business unit, which will be integrated as MAHLE Behr into the MAHLE Group. The Boards of Directors of the two companies have approved the purchase and integration, but did not disclose the transaction value. The transaction, however, i...
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    Behr reports net loss of USD65m in FY2012
    Behr Group reported net loss of EUR49m (USD64.75m on 31 December 2012) for the financial year (FY) ended 31 December 2012 compared to net profit of EUR93m (USD120.42m on 31 December 2011) in 2011, states the company’s press release. The company reported an 81.6% year-on-year (y/y) decrease in earnings before interest and taxes (EBIT) to EUR32m (USD42.28m) from EUR174m (USD222.7m). Revenues for FY2012 increased 0.6% y/y to EUR3.72m (USD4.91m) from EUR3.70m (USD4.79m). Sales were affected in...
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    Suppliers to the new Volkswagen Golf
    3A COMPOSITES     Damping & Reinforcing Roof Front Damping & Reinforcing Roof Rear      AGM AUTOMOTIVE     Door Ambient Lighting      AKKUMULATORENFABRIK MOLL     EFB (Enhanced Flooded Battery) APAG ELEKTRONIK     ECU - Electronic Control Unit - Multi Purpose Module (MFG) AUTOLIV     Buckle front and rear Driver Airbag Seatbelt rear Steering Wheel ...
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    ZF realigns management board
    ZF has come up with a new concept for its board of management where the former separation of responsibilities for corporate functions and divisions is eliminated, says a company press release. In the new structure, planned to be introduced in 2013, members of the board of management will be trimmed from eight to six, as Reinhard Buhl, responsible for the Chassis Technology division and Gerhard Wagner, responsible for the Powertrain Technology division will retire and leave the board of managemen...
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    Suppliers to the new Mercedes-Benz A Class
    AGC AUTOMOTIVE Backlight glazing Front Door glazing Rear door fix (as Tier 2 to Fritz) Rear Door glazing   AUTOLIV Inflatable curtains Knee driver airbag Passenger airbag Side airbags Pre-pretensioners Radar system   AUTONEUM          Engine Undershields Heatshields Underbody shields Ultra Silent   BEHR          ...
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    EU regulators raid thermal systems suppliers
    European Commission (EC) officials raided thermal systems manufacturers on 22 May this year as part of an investigation into alleged cartel formation, according to an EU press release. Behr has confirmed that it is among the suppliers that were raided. The supplier said that it is facing probe by both the EU and US Department of Justice (DoJ) and will fully co-operate with the authorities. Peter Grunow, CEO, Behr said, “Behr is taking these proceedings very seriously. Compliance with applicabl...
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    Behr, Kenworth develop new thermal management system
    Behr and Kenworth have has developed a new thermal management system to be used in Kenworth T680 heavy-duty truck, says a company press release. “We believe the spirit of teamwork that developed among the Kenworth and Behr engineers helped produce the best-performing thermal system on the market today,” said Doug Caley, engineering manager for Kenworth. The Kenworth T680 features 50% larger windshield, 65% more storage capacity, 40% less interior noise, 30% larger door openings and 10% impro...
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    MAHLE reports 30.5% increase in net income to USD231m in FY 2011
    Mahle recorded a 14% growth in its net sales from EUR5.26bn (USD6.9bn, 31 December 2010) to EUR6bn (USD7.7bn, 31 December 2011) in financial year 2011, according to the company press release. Operating income for 2011 increased 48% to EUR425m (USD550.3m, 31 December 2011) against EUR287m (USD380.3m, 31 December 2010) in 2010. Net income for the financial year 2011 increased 30.5% to EUR231m (USD299.1m) against EUR177m (USD234.5m) a year ago. Geographically, sales in Europe increased 18.7% to EU...
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    Latest Management Changes
    3M has elected Inge G Thulin as its new President and CEO, effective 24 February 2012. Thulin will succeed George W Buckley, Chairman, President and CEO of the company, who will retire on 1 June this year. Thulin has been serving as COO of the company since May last year. With this appointment he has become a member of the company’s Board of Directors, effective immediately. A123 SYSTEMS has appointed Edward Kopowski as Chief Operating Officer, effective 23 January 2012. Kopowski will be resp...
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    Suppliers to the new Buick Verano
    3M Surface Treatment [Paint] ADAC Handles/Latches [Doors/Tailgate - Exterior] AGM AUTOMOTIVE Fasteners/Fixings [Mirrors]; Interior Lighting [Front Footwells] AMPHENOL Connectors [Electrical & Electronics] BEHR-HELLA THERMOCONTROL  Electronic Climate Control Unit (Blackbox) BOSAL Full Exhaust System CONTINENTAL Engine/Powertrain Mounts; Fuel Supply System DELFINGEN Wiring Protecton System   EDSCHA Hood Hinges [Doors/Tail...
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    Continental announces management changes
    Continental has appointed two new senior executives to its management team. Jürgen Braunstetter has been named as the head of Supply Chain Management of the company’s automotive divisions and Wolfgang Breuer as the head of the Engine Systems Business Unit , according to a company press release. Braunstetter is responsible for coordinating with purchasing, quality and information technology departments. His role is effective from 1 December 2011. Prior to joining Continental, Braunstetter wa...
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    Anand Automotive to foray into electric components segment
    Auto supplier Anand Automotive is looking for overseas partners as it plans to enter the electronic components segment, reports the Financial Chronicle. The newspaper cited Sandeep Balooja, President- Group Business Development, Anand Automotive, as saying, “We are talking to various companies for joint-ventures (JVs) in the electronic components segments in which we don’t have a presence. We may look for more than one JV in this space.” Balooja, however, did not reveal the possible intern...
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    Latest Investments
    SUPPLIER Component Description AGC AUTOMOTIVE Backlight, Front Door Glass, Quarterlight Fix Glass, Rear Door Glass BEHR Cooling Module BEHR-HELLA THERMOCONTROL Climate Control Units BENECKE-KALIKO Interior Trim for Door Inserts And Armrests, Upholstery For Seats, Foam Foil For Door Panels, IMG Foil for Instrument Panels BORGWARNER Glow Plug Control Module, High Temperature Sensor BREMBO 4 Pistons Front Brake Caliper (AMG Version), Front And Rear Brake Discs (All Versions...
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    Suppliers to the new WSW Mercedes B-Class
      SUPPLIER Component Description AGC AUTOMOTIVE Backlight, Front Door Glass, Quarterlight Fix Glass, Rear Door Glass BEHR Cooling Module BEHR-HELLA THERMOCONTROL Climate Control Units BENECKE-KALIKO Interior Trim for Door Inserts And Armrests, Upholstery For Seats, Foam Foil For Door Panels, IMG Foil for Instrument Panels BORGWARNER Glow Plug Control Module, High Temperature Sensor BREMBO 4 Pistons Front Brake Caliper (AMG Version), Front And Rear Brake Discs (Al...
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    Suppliers to the Mini Coupe
    SUPPLIER Suppliers Component Description A. RAYMOND Brake Booster Quick Connectors, Fuel Quick Connectors, Fasteners BEHR Cooling Module (Part of Front End Module supplied by Hella Behr Plastic Omnium Joint-Venture) BORGERS Rear Package Tray, Luggage Compartment Trim BOSCH Control Unit And Injectors For Gasoline Engines, Parking Assistant, Diesel Injection System Common Rail, Oxygen Sensor, Start/Stop Starter BROSE Motors For HVAC Blowers BWI GROUP Top Mounts, Dampers, ...
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    Another gold rush in Russia?
    The last six years have seen Russia as one of the core interest areas for the global automotive supply base in its continuous research for growth outside the Triad markets, which have been stagnant at best. There is little doubt that it has been a bumpy road for all stakeholders in the Russian automotive industry with the boom-bust-boom trajectory the market has experienced over the last four years, with clear implications for the local supply base and for the investment confidence of suppliers ...
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    MAHLE sales rise 18.9% in H1, total at EUR2.97bn
    MAHLE Group has recorded 18.9% increase in net sales for the first half (H1) ended 30 June 2011, totalling at EUR2.97bn. The sales benefitted from a strong recovery in European automotive market, both in passenger car and commercial vehicle segments. However sales were also impacted by currency exchange rate fluctuations. In January this year, MAHLE increased its share in Behr from 19.9% to 36.5%. This consolidation in the venture called MAHLE Behr Industry benefited sales by almost EUR100m. ...
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    Suppliers to the Porsche 911
    SUPPLIER SUPPLIERS COMPONENT DESCRIPTION APAG ELEKTRONIK Electronic Control Unit ECU 'Adjustable Column Steering' AUTOLIV Inflatable curtains, Knee airbag, Passenger airbag, Side airbags, Seatbelts with pretensioners BEHR HVAC System BENECKE-KALIKO Acella supported expanded vinyl for seats, PVC-foil for sunvisor, TEPEO2 compact foil for heel mat, Yorn unsupported expanded vinyl for door panel, center console and pillar BREMBO front and rear wheel end corner BROSE Window ...
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    Latest Investments
    Company Region Area of operation Comment Bayer China Automotive 23 June 2011 - Bayer MaterialScience began the third phase of expanding its Polymer Research & Development Center (PRDC) in Shanghai (China). The PRDC will conduct research and development (R&D) activities for automotive, renewable energy and construction industries. It is scheduled to begin operations by the second half of 2012. The expansion will triple the headcount at the centre from 130 to 360 employees. Yor...
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    ZF appoints Stefan Sommer as CEO
    ZF Friedrichshafen has appointed Stefan Sommer as the new CEO of the company. Sommer will succeed the present CEO, Hans-Georg Härter, who will retire. At the start of 2012, Sommer will take the role of Deputy CEO and will assume the role of CEO on 1 May 2012. Sommer has worked with ZF since 2008, starting with ZF Sachs as Head of the Suspension Division. In October 2010, he was appointed to the Group's Board of Management responsible for materials management. Most recently, Sommer was heading t...
    News
    Mahle gets EU nod to boost stake in Behr
    Mahle received an approval from the European Commission (EC) on 24 June to increase its stake in Behr. The EC said that its investigation confirmed that the companies have moderate combined market shares and the number of other credible suppliers remain in the market. This means that the competition will still prevail. Significance: Mahle had increased its stake in the Behr from 19.9% to 36.85% in March this year. The transaction was part of the agreement signed between the two companies in J...
    News
    Behr to invest in new Slovakian facility
    Behr plans to invest in a new facility in Slovakia, reports SITA Slovenska Tlacova Agentura. According to the local news service, investment of EUR124m will be made through its Behr Slovakia unit in a site at Namestovo, where it will build the plant which will produce exhaust gas recirculation units for diesel light vehicles. The report added that the company has already approached the Slovakian economy ministry for incentives including EUR2.54m for the 254 new positions that will be created, EU...
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    Suppliers to the new WSW Ford Focus
    If you would like your company included in this feature, or the car cutaways published in Automotive News or Automotive News Europe, please email steven.wingett@ihssupplierinsight.com. SUPPLIER NAME PARTS A. RAYMOND FASTENERS/FIXINGS [MISCELLANEOUS], QUICK CONNECTORS AMPHENOL CONNECTORS FOR ANTENNA [ELECTRICAL & ELECTRONICS] AUTOLIV AIRBAGS, SEAT BELTS BEHR ENGINE COOLING, HEATERS BOSCH ALTERNATORS, CONTROL UNITS [AIRBAGS], ENGINE COOLING, ENGINE MANA...
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    The European Supply Industry
    No matter how challenging and disruptive the last two years have been, the automotive supplier industry in Europe has fared considerably better than the gloomy expectations which predicted a mortality rate of some ten times that as would normally have been experienced in such turbulent circumstances. The impact of the crisis and the magnitude of its effects on European suppliers were more limited than experienced in the US due to a number of factors. The welfare provisions typical of the Europea...
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    Latest merger and acquisitions
    Acquirer Acquired Business Sector Comment Amerigon W.E.T. Automotive Systems Thermal systems 1 March 2011 - Amerigon has entered into a purchase agreement to acquire a majority share in German company W.E.T. Automotive Systems. Under the agreement, Amerigon will acquire 75.6% of the shares in the company, at the rate of €40 per share. Amerigon will also launch a tender offer for the remaining shares at the same price. On the basis of nearly 3,040,000 outstanding shares of W.E.T....
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    MAHLE opens new filter systems plant in India
    MAHLE Filter Systems India Ltd., a joint venture between MAHLE and India-based Anand Automotive, started a new filters production facility in Parwanoo, Himachal Pradesh (India) on 19 March 2011, reports Economic Times. The plant is expected to create more than 150 new jobs, both direct and indirect. The new plant, Parwanoo Unit – II, has an installed annual production capacity of 22m filters. The facility will produce polyurethane (PU)-moulded filter elements, ecological plastic embedded ...
    News
    MAHLE increases stake in Behr from 19.9% to 36.85%
    German manufacturer of engine components and filtration products MAHLE GmbH has further increased its ownership in Behr Group, from 19.9% to 36.85%. The share purchase was made through a unilateral capital increase by MAHLE. The development is part of an agreement signed between the two companies in July last year. Under the agreement, MAHLE will eventually own 50% stake in Behr, by 2013. Dr. Heinz K. Junker, Chairman of the MAHLE Management Board said the company is on track with the acquis...
    News
    Suppliers to the new Citroen C4
    If you would like your company included in this feature, or the car cutaways published in Automotive News or Automotive News Europe, please email steven.wingett@ihssupplierinsight.com.       CHASSIS BOSCH Front Caliper, Brake Control Systems ABS/ESP, Automated Parking Brake CIMOS Parking Brake FEDERAL-MOGUL Front And Rear Brake Pads FLEXITECH Front Brake Hose FREUDENBERG Chassis Shock Absorber Seal HELLERMANN TYTON Brake System: F...
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    Suppliers to the Citroen DS3
    If you would like your company included in this feature, or the car cutaways published in Automotive News or Automotive News Europe, please email steven.wingett@ihssupplierinsight.com. CHASSIS/UNDERBODY Anvis Strut Mount On Front Axle BASF Jounce Bumper For The Rear Axle Bosch Brake Master Cylinders/Boosters, Brake Calipers Front, Drum Brakes Rear Bridgestone 15�, 17� Tires Continental Ste...
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    Anand Group aims for INR90bn in sales by 2014
    Indian auto parts manufacturer Anand Group aims to achieve sales of INR90bn (US$1.96bn, 19 November 2010) by 2014 from the current INR42bn (US$919.2m). The group plans to invest INR14bn (US$306.4m) over the next four years to expand its operations in India.   The company plans to follow pure inorganic route for the targeted growth. The group has earmarked investments in its 19 companies spread across 44 locations in India. Anand Group will invest INR4bn (US$87.5m) in its subsidiary G...
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    Automechanika Snapshot
    This year, Automechanika featured 4,500 exhibitors with 155,000 other visitors from 180 countries, and SupplierBusiness went along to see what new and interesting developments were emerging.   Mood positive, increased numbersIn terms of atmosphere, the upbeat mood of the event was a contrast to 2008, an impression confirmed by Aftermarket Division head at Bosch, Robert Hanser, who told us: “The mood all round is positive. There were huge crowds of visitors at our stands.” This was cer...
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    Suppliers to the Peugeot 5008
    If you would like your company included in this feature, or the car cutaways published in Automotive News or Automotive News Europe, please email steven.wingett@ihssupplierinsight.com   Component Area Supplier name Supplier's Component Description Chassis/underbody BASF Jounce Bumpers For Front And Rear Bosch Automated Parking Brake Continental Axle Boots Dura Brake Cables Hella Vacuum/Low Pressure Pumps For Servo ITT Fron...
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    The French Supply Base
    State of the supply baseThe automotive supply industry is one of the economic sectors which have been particularly affected in Western Europe by the drop in production volumes that took place between 2008 and 2010. This is even truer for France, where the local supply base has experienced a steeper decline in turnover and of the employment levels it generates for the local economy when compared to other supply bases such as Germany and Italy. Further declines have had their impact reduced by a n...
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    New CEO for Behr
    MAHLE and Behr had agreed in late July that MAHLE will take over an equity participation in Behr in multiple stages. The closing of the first stage with 19.9 percent of shares is expected to take place on October 1, 2010. During the second stage in early 2011, the percentage of shares will increase to 36.85 percent. In addition, a call option for MAHLE in effect from 2013 gives MAHLE the right to obtain shares from current shareholders, thus enabling it to take over a majority interest in Behr.
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    Latest mergers and acquisitions
    Acquirer Acquired business Sector Comment Ebersp�cher Ricardo's German exhaust business Exterior 29 July 2010 - Eberspacher announced an agreement to buy the Prototechnik exhaust manufacturing business from Ricardo. The sale includes the transfer of business, employees, plant, equipment and inventories for €2m. The disposal is subject to regulatory approval and assets worth €2.8m which will be written off following the deal. Ricardo plans to focus exclusively on its cor...
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    Behr and Kale form joint venture to develop the Turkish market
    “Several of our customers already have vehicle manufacturing operations in Turkey and are aiming to expand this basis. The country’s domestic market also offers interesting potential. Through this sales joint venture we aim to participate substantially in this market", says Markus Flik, Behr Group CEO. As an interface between Europe and Asia, Turkey is becoming an increasingly important location for the European auto industry, both for the export market and local production. Over the pas...
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    Mahle to take majority stake in Behr
    Mahle and Behr have reached an agreement according to which, Mahle will buy majority stake in Behr. The transaction will take place in various stages. Under the agreement, Mahle will buy 19.9% equity stake in 2010 which will be increased to 36.85% at the beginning of 2011. Mahle plans to fund the investment through its free cash flow without raising debt. Mahle has the option of taking majority stake in Behr by making an offer for existing shareholders in 2013. Also, the shareholders of Be...
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    European Commission approves Behr Industry’s 60% acquisition by Mahle
    The European Commission has provided a go-ahead signal to Mahle to acquire a 60% stake in Behr Industry Gmbh.  The transaction will give Mahle and Behr group a joint control over Behr Industry. Behr Industry, a subsidiary of Behr Gmbh and Co KG, supplies cooling and air-conditioning products for commercial vehicles, railways, shipping, construction and agricultural machinery, aviation, and stationary heavy- duty engines for power generation. In February 2010, Mahle reached an agree...
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    Suppliers to the new Peugeot 5008
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com In March Johnson Controls Inc. received the 2010 Supplier Award for Innovation from PSA/Peugeot-Citroen SA for supplying its head-up display to the 5008, Peugeot’s new five- or seven-seat minivan. Johnson Controls also supplies the component to the Peugeot 3008. The head-up display provides important driving me...
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    Suppliers to the new BMW 5 Series Gran Turismo
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The new BMW 5 Series Gran Turismo encompasses features of a sedan, SUV and station wagon. Many suppliers make this possible, prominent among those being ZF Friedrichshafen AG who gives the vehicle its driving feel, while Edscha AG and F.S. Fehrer Automotive GmbH improve loading and storage capabilities. ZF ...
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    Suppliers to the new Audi A8
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com Component Area Supplier Component Description Chassis/underbody Alcoa Castings APAG Elektronik ECU Adjustable Coloumn Steering Dura Cross Car Beam, Park Release Cable, Space Frame FAG Wheel bearing front and rear Flexitech Rear Brake Hoses ...
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    Suppliers to the new Mercedes-Benz's hybrid S 400
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The S 400 BlueHYBRID is Mercedes-Benz’s first hybrid passenger vehicle. The automobile is based on the S 350, but has a substantially modified drivetrain, possessing a modified 279 hp V6 3.5-liter petrol engine and a 20hp electric motor. The hybrid motor generates electrical energy during braking, which is then ...
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    Behr starts production at subsidiary in China
    Behr Jinan Co., Ltd, a wholly-owned sbusidiary of Behr in China, commenced production in Jinan, Shandong Province (China). The facility employs a total of 130 workers. The subsidiary will supply air-conditioning components and engine cooling systems to China National Heavy Truck (CNHTC), a truck manufacturer based in China. The company has till date earmarked an investment worth €3m at the facility. Behr decided to invest in China after witnessing an improvement in the Chinese market. Mark...
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    Latest Investments
    Company Region Area of operation Comment Alpha Corp. China Automotive 24 February 2010 - Japanese company Alpha Corp plans to build a new design and development facility at its production subsidiary located in Guangzhou (China). Construction of the facility is expected to complete by October 2010. With the completion, Alpha will relocate around 10 design employees from its Japanese site to the new facility. Apollo Tyres South Africa, Netherlands Tires 12 February 2010 - Apol...
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    Latest merger and acquisition activity
    Acquirer Acquired Business Sector Comment Autodom Dair Industries Exterior/Powertrain 22 February 2010 - aiAutomotive, a subsidiary of Autodom, is to acquire Dair Industries. While aiAutomotive is engaged in metal pressings, assembly, specialised welding, and other paint capabilities, Dair supplies metal pressings and assemblies, injection-and-blow moulded plastic parts and cables to Ford, Toyota and other Australian automakers. The acquisition will add 220 employees to the prese...
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    Mahle to acquire majority stake in Behr Industry
    Mahle has reached an agreement with the Behr Group to acquire a 60% of its industrial division, Behr Industry. The two parties have not disclosed any financial details of the transaction. Behr Industry supplies cooling and air-conditioning products for commercial vehicles, railways, shipping, construction and agricultural machinery, aviation, and stationary heavy- duty engines for power generation. Once Mahle takes over the controlling stake, the business unit will be renamed as Mahle Behr Indu...
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    Suppliers to the new BMW 5-Series Gran Turismo
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com CHASSIS/UNDERBODY Continental Caliper (front & rear axle), Integrated Chassis Management (ICM)[ horizontal, vertical, diagonal], Steering gear boots Dow Automotive Crash durable adhesives for body-in-white application Flexitech Brake Hose Assemblies Hella Vacuum pump ...
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    Suppliers to the new Porsche Boxster
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com CHASSIS/UNDERBODY APAG Elektronik ECU Adjustable Steering Column Borbet Group Alloy wheels Brembo Front and rear wheel-end corner Emhart Plastic fasteners for under aero shield and wheel house cover FAG Front and Rear wheel bearing Hirschvo...
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    Continental appoints Wolfgang Schaefer as new CFO
    Continental AG has appointed Wolfgang Schaefer as the new Chief Financial Officer (CFO) after the Supervisory Board meeting held on 19 October 2009. The position was vacant since January 2009 as Alan Hippe stepped down to join thyssenkrupp AG. Wolfgang Schaefer, who currently holds the same position at Behr, will take charge at Continental from 1 January 2010. His responsibilities demands urgent refinancing activities as Continental has a debt of €3.5bn which is to be sorted out by 2010. Al...
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    Continental intends to make management changes
    Continental plans to make changes in its management team in the next Supervisory Board meeting, scheduled on 19 October 2009. The company intends to fill the position of Chief Financial Officer (CFO) which became vacant after Alan Hippe left the company in April 2009. According to Reuters, Continental may appoint the current CFO of Behr, Wolfgang Schaefer, as its new CFO. However, both Continental and Behr declined to comment. Earlier, Reuters reported that Continental may appoint Ronald Pirt...
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    OESA Auto Supplier Index reflects positive attitude of suppliers as GM and Chrysler emerge from bankruptcy
    A recent Original Equipment Supplier Equipment Association (OESA) Automotive Supplier Index shows the positive attitude of suppliers in the current economic slowdown. The supplier attitude measured by OESA Automotive Supplier Sentiment Index increased to 62% from a low 34% as GM and Chrysler emerged from bankruptcy. This was the first time since August 2007 that the OESA Automotive Supplier Sentiment Index reached 50. According to a Wall Street analyst, auto component manufacturers are coping w...
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    Cash-for-clunkers program – a ray of hope for suppliers
    The cash-for-clunkers program introduced by the US government is proving to be a bright spot for the automotive industry. The benefits of the program are visible across the value chain - dealers, OEMs and suppliers. Consumers are lapping up the program and this has resulted in dealers increasing their inventory levels in an effort to meet the increasing demand. OEMs, in response, are planning to increase their production volumes. Suppliers also stand to benefit from this opportunity as demand f...
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    Suppliers to the Mercedes E-Class
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com CHASSIS/UNDERBODY AKsys USA Underbody Shields, Wheel Well Borbet Group Alloy Wheels Brembo Brake Caliper [Front Composite; V8 version] Continental Axle Caliper [Rear], Brake Booster, Front Steering ECU, Electric Steering Column Lock, Steering Gear Boot, Power Steering H...
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    Behr forms new Battery Cooling Group
    Behr America has announced the formation of new Battery Cooling Group (BCG) at its headquarters in Troy, Michigan (US). The new group is formed in order to meet the increasing demand of thermal-management technology. BCG will cater to the OEMs as well as battery suppliers with the vehicle integrations and direct battery pack integration of thermal systems. The company already supplies thermal management system to GM's Lambda platform vehicles and has contracts for the upcoming developments. BCG...
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    Suppliers to the new Porsche Panamera
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com Porsche unveiled the Panamera at the Shanghai auto show in April 2009. This is the first completely new type of Porsche since the launch of the Cayenne seven years ago. The 4-door sports car will be initially offered in three versions: the 400hp, two-wheel drive Panamera S and all-wheel drive Panamera 4S along with...
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    Behr to sell minority stake
    Behr GmbH & Co. KG plans to sell its minority stake in light of the current economic crisis. The company is on the lookout for an investor to buy nearly 25% of its shareholding, which is estimated to be worth between €150m and €200m. Behr‘s decision to look for a new shareholder is aimed at boosting equity capital as the company anticipates a considerable profit decline in 2009.
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    Suppliers to the new Mercedes-Benz GLK-Class
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com Mercedes-Benz launched the GLK-Class in 2008. The compact SUV is available in a choice of four model variants, two diesel (GLK 220 or GLK 320) and two petrol (GLK 280 or GLK 350). Johnson Controls contributes the instrument panel, headliner including sun visors and grab handles, as well as the structure of t...
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    Behr to lay off 40 workers in the US
    Behr America Thermal Products will layoff nearly 40 workers from its Webster Street, Dayton (US) plant. Behr America is a producer of automotive air-conditioning and engine-cooling systems. These job-cuts are a part of the company’s strategy to cope well against the downturn in the US automotive industry. The plant that had 1,500 employees in August 2007 now has a headcount of 800. GM and Chrysler are Behr America’s largest customers. Chrysler’s restructuring and GM’s closure of Pontia...
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    BMW and Daimler planning to save costs by combined component purchasing
    BMW and Daimler are mulling over buying components together in order to save costs. The joint purchasing operations could include industrial buying in countries such as China and the US. The carmakers are also considering the possibility of buying a 7% stake in each other. However, BMW’s largest shareholder, the Quandt family, which owns a 46% stake in the company, is against the deal, concerned by a possible takeover attempt by Daimler in the future. However the prospect of a joint purchasin...
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    BMW and Daimler planning to save costs by combined component purchasing
    BMW and Daimler are mulling over buying components together in order to save costs. Their joint purchasing operations could also include industrial buying in China and the US. The carmakers are considering the possibility of buying a 7% stake in each other. However, BMW’s largest shareholder, the Quandt family, which owns a 46% stake in the company, is against the deal, concerned by a possible takeover attempt by Daimler in the future. A joint purchasing program, to start with, could surely...
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    Suppliers to the new VW Golf
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com Volkswagen unveiled its sixth-generation Golf at the Paris Autoshow in October 2008. The carmaker offers the automobile in two- and four-door versions in three equipment levels, along with a choice of two diesel and four petrol engines from launch. The Golf is fitted with multiple safety features, earning ...
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    Suppliers to the new BMW X6
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com BMW unveiled the X6 at the 2008 Detroit auto show in January last year.  The carmaker described the vehicle as a Sports Activity Coupe, an SAV and coupe crossover.  The automobile comes with a choice of two petrol and two diesel engines.  For the X6, BMW developed a new 407hp V8 petrol engine, which...
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    Suppliers to the new Renault Koleos
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The Geneva Autoshow in March 2008 saw the unveiling of the Koleos, Renault’s first crossover vehicle. The automobile has a choice of either a 2.0 liter diesel or a 2.5-liter petrol engine. The former has two power outputs – 150hp or 175hp – and can be mated to either a six-speed manual gearbox or automatic t...
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    Suppliers to the new BMW 7 Series
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The new 7-series, flagship of the BMW range, debuted in October 2008 at the Paris Autoshow. The automobile was offered initially with a choice of three powertrains, one diesel and two petrol. The carmaker stated that all engine variants can produce more power with less consumption than the previous generation mode...
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    Suppliers to the new Renault Kangoo
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The new second generation Kangoo is the successor to the 1997 model which sold over 2.3m units worldwide. The automobile will be available from launch with a choice of three trim levels - Authentique, Expression and Privilège. The Kangoo has a choice of two petrol engines and one diesel. Two of the diesel engines...
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    Renault Mahindra Logan
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The Renault Mahindra Logan, named Car of the Year 2007 by HT Cars & Bikes, a supplement of the Hindustan Times. However the car has recently seen sales in India stall, as rising fuel prices cause consumers to look for small-car alternatives. If the relationship between M&M and Renault does deteriorate furth...
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    Tata Nano
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The Tata Nano is the cheapest production car in the world, providing safer and affordable transportation for India’s burgeoning middle class. The four-door car seats five people and comes available in standard (without air conditioning, radio or power steering) and luxury versions. Tata Motors unveiled the Nano i...
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    Suppliers to the new Dodge Journey
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com     CHASSIS/UNDERBODY 17" x 6.5" bright machined aluminum wheel Superior Industries International 19" x 7" bright machined aluminum wheel Superior Industries International 19" x 7" chrome clad aluminum wheel Superior Industries International 19" wheel Lacks Enterpri...
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    Suppliers to the new Tata Nano
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The Tata Nano is the cheapest production car in the world, providing safer and affordable transportation for India’s burgeoning middle class. The four-door car seats five people and comes available in standard (without air conditioning, radio or power steering) and luxury versions. Tata Motors unveiled the Nano ...
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    Suppliers to the new Audi A4
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com Audi unveiled the new A4 at the 2007 IAA in Frankfurt. The saloon has a choice of three TDI units or two direct fuel injection petrol engines, which according to the carmaker have an average fuel consumption nine percent lower than in the previous generation. The German suppliers Bosch and ZF Friedrichshafen ...
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    Suppliers to the Rolls-Royce Drophead Coupé
    If you would like your company included in this feature, or the car cutaways published in Automotive News/Automotive News Europe, please email steven.wingett@ihssupplierinsight.com The Phantom Drophead Coupé is the first new open-top Rolls-Royce since the Corniche in 2002, and boasts the largest fabric top of any modern convertible. The vehicle debuted at the 2007 Detroit auto show, and was introduced to Europe at Geneva. This two-door, four-seat convertible version of the Phantom evolved f...
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    Behr sees strong growth in engine cooling
    Leading European air-conditioning and heating exchange supplier, Behr GmbH & Co KG, managed to gain further market share in its major markets in 2007 with sales up 6.1% to €3.4bn in 2007. In local currencies, the growth was stronger, with an increase of 8.2%. Growth was strongest in Asia (plus 37.9%) and other regions outside Europe and North America (up 15.8% in total), while European sales grew 7% to €2.2bn, and sales in North America fell. Behr’s home operations saw sales growth of ...
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