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    The evolving landscape of automotive startups
    The automotive industry is undergoing a profound transformation driven by rapid technological advancements. At the forefront of this evolution are mobility startups, which are pioneering innovations across domains such as software-defined vehicles (SDVs), autonomous driving and battery technologies. S&P Global Mobility recently published the "AutoTechInsight Mobility Startups Report - H1 2025," highlighting the major trends in the automotive startup ecosystem, by analyzing data from appro...
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    Ford’s bold bid for the next big thing
    How cars are built and the concept of the moving assembly line are culturally ingrained in the automotive industry. Every now and again, the automotive industry goes through phases of trying to do things differently. Ford is the latest in a long line of automakers to try and innovate. Electrification, the rise of Tesla, the often best-in-class levels set by mainland Chinese original equipment manufacturers for digital vehicle attributes, and ever-increasing and accelerating new vehicle prices...
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    NHK Spring's April–December 2013 net profit rises 32% y/y
    Japanese auto parts supplier NHK Spring has reported a 32.3% year-on-year (y/y) rise in net profit to JPY21.4bn (USD203.4m) for April–December 2013, reports Dow Jones Institutional News. The company's operating profit likewise grew 31.3% y/y, to JPY28.4bn on sales of JPY417.8bn, up 11.4% y/y. Significance: NHK Spring has been strengthening its geographical presence by forming joint ventures (JVs). For instance, the JV between NHK Spring and Faurecia, called FNK, decided to expand its stak...
    News
    NHK Spring to invest USD19m to expand US plant
    NHK Spring Precision of America will invest USD19m to expand its operations in Louisville, Kentucky (US), reports Area Development Online. The investment will add 50 employees at the facility. NHK Louisville, a subsidiary of Japan-based NHK Spring, manufactures springs for automobiles, industrial machinery and hard disk drives. The subsidiary currently has more than 80 employees. Construction on a new, 57,000 square foot facility will be completed in the summer of 2013, which will add to the...
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    Latest Joint Ventures
    Supplier JV Partner Location Comment Hyundai Heavy Magna E-Car systems Europe/USA 3 April 2012: Hyundai Heavy Industries (HHI) and Magna E-Car Systems have joined hands to form a joint-venture (JV) for developing lithium-ion batteries targeting the automotive market. Magna E-Car and HHI will have 60:40 stakes in the new JV called MAHY E-CELL. Pierburg Mikuni China 3 April 2012: KSPG Group's subsidiary Pierburg Pump Technology GmbH, Neuss has setup a joint-venture (JV) with Japanes...
    Insights
    Faurecia, NHK Spring JV to expand in China, US
    Faurecia NHK (FNK), a joint-venture (JV) between Faurecia and NHK Spring, has decided to expand its stake in the US and China to support Nissan’s operations in the regions, according to a press release by Faurecia. “Faurecia’s automotive seating business expects to be further boosted by the Renault / Nissan global approach and targeting new Nissan ‘Power 88’ opportunities in North America, China, Russia and Brazil,” said Patrick Koller, Executive Vice-President of Faurecia Automotive...
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