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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...
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    Huaxiang Electronic agrees to acquire IAC Group's business in mainland China
    Huaxiang Electronic has reached an agreement to acquire International Automotive Components Group’s (IAC) operations in mainland China for 600 million Chinese yuan ($82.6 million), Yicai Global reported June 26. The acquisition will significantly expand Hauxiang's presence in its domestic market. The deal involves IAC’s six subsidiaries in mainland China, including buying full stakes in Automotive Components Technology, IAC Automotive Components, IAC Shanghai Management as well as IAC Aut...
    News
    Lumax Auto to acquire majority stake in IAC India
    Lumax Auto Technologies has signed an agreement to acquire majority stake in IAC International Automotive India Pvt. Ltd, from the International Automotive Components Group (IAC Group), it said in a press release on 20 February. The acquisition is valued at INR5.87 billion (USD103.4 million). Following the acquisition, IAC will continue to hold a 25% stake. The remaining 75% stake will be bought through a special acquisition vehicle at INR4.40 billion, which will be paid in cash funded by deb...
    News
    IAC Group pledges to reduce greenhouse emissions by 50% by 2030
    International Automotive Components Group (IAC) announced global targets toward sustainability improvements with a commitment to achieving net-zero emissions by 2050 and further decreasing carbon emissions by 50%  by 2030, the company said in a press release on 13 January. David Prystash, CEO of IAC Group, said, “IAC Group is committed to creating sustainable opportunities in every aspect of our global operations, and this commitment is an integral aspect of product design, o...
    News
    IAC Group appoints David Prystash as CEO
    International Automotive Components (IAC) Group, a major global automotive and mobility supplier in lightweight and new material interior solutions, has appointed David Prystash as CEO of the company, according to a company press release on 2 November 2020. The appointment is effective 1 January 2021. Manfred Gingl will remain CEO through the remainder of the year and will continue to serve as executive chairman of the board of directors after the transition. Prystash is currently serving as ...
    News
    IAC to invest USD55.9 million to expand two facilities in Alabama, US
    International Automotive Components Group North America Inc. (IAC) has announced plans to invest over USD55.9 million in expansion projects in Alabama, US, according to an official press release on the website of Alabama Department of Commerce on 19 October. The investment is likely to create 182 jobs at two Alabama facilities. IAC plans to invest USD34.3 million in new capital investment to expand its new manufacturing facility located in Tuscaloosa County. This facility will produce door pa...
    News
    COVID-19 pandemic: IAC, Mann+Hummel, ZF announce layoffs in US
    The extended production suspensions by most of automakers in the United States amid the coronavirus disease 2019 (COVID-19) pandemic has severely affected their supplier base. Several tier-1 suppliers in the largest automotive market in North America have announced temporary stoppage of manufacturing activities at their plants. Some of these suppliers have also announced layoffs.    German supplier ZF suspended operations at its Marysville plant in Michigan, US, and laid off 800 emp...
    News
    Auto supplier IAC to close facility in US state Tennessee
    International Automotive Components (IAC) is permanently closing its manufacturing facility in Dayton, Tennessee in the United States, effective 28 February, according to a notice filed with the state on 8 January as part of the Worker Adjustment and Retraining Act (WARN). The plant closure will affect 93 employees. Significance: In December 2019, IAC informed that it was permanently laying off 44 workers at the Dayton plant. Those layoffs are set for 5 February 2020, according to the WARN no...
    News
    IAC plans to establish development and production facility in Austria
    International Automotive Components (IAC) announced plans to establish a development and production facility in Austria, according to a press release on 18 September on the official website of Invest in Austria. The company has acquired a commercial property in the province of Burgenland and plans to begin implementing the project in two years. The project is expected to create approximately 200 new jobs. According to IAC CEO Manfred Gingl, the future "IAC European Technology Centre" should pres...
    News
    IAC Group to expand headliner manufacturing facility in UK
    International Automotive Components (IAC Group) announced plans to expand its headliner manufacturing facility in Elmdon, United Kingdom, according to a company press release on 30 July. The new facility, which is expected to create 400 jobs, will supply to IAC’s key customer Jaguar Land Rover (JLR). The company expects full production at the site by 2021. The site will be used for manufacturing, assembly and sequencing, in addition to housing certain centralized UK-based functions such as eng...
    News
    Sunroof solutions in automotive
    The automobile roof has been generally treated as another closure component protecting the occupants from environmental and NVH conditions. There has also been an element of safety combined with the design of passenger cells and connection of the pillars. However, over time the roof has become an integral feature component in the form of transparent sunroof/panoramic roofs. This not only enhances the lighting and openness inside the car, but also improves the driving feeling inside the car. The ...
    Insights
    IAC appoints David Prystash as CFO
    International Automotive Components (IAC) Group has appointed David Prystash as chief financial officer (CFO), according to a company press release on 7 January.  Prystash succeeds Dennis Richardville, who is retiring from the post. Prystash will report to IAC’s CEO Manfred Gingl. In his new role, Prystash will oversee the company's global finance, treasury and accounting activities. Prior to IAC, Prystash worked with General Motors (GM) vice president and CFO of Global Product Developmen...
    News
    CES 2019: IAC develops ‘StreetSmart Door’ concept in collaboration with AGC Automotive
    The International Automotive Components Group (IAC), in collaboration with AGC Automotive Europe, has developed ‘StreetSmart Door’ concept to increase occupant safety and driver awareness. The company will showcase the StreetSmart Door concept in cooperation with FICOSA, a Panasonic subsidiary, at Panasonic’s booth at CES 2019 next week in Las Vegas, United States, according to a press release on 3 January. The concept features seamlessly integrated, shaped, glass surfaces in the door p...
    News
    IAC opens new plant in India to produce vehicle interior components
    IAC has opened a new manufacturing plant in Manesar, Haryana (India), news website ETAuto reported on 11 August. According to the company, its new 5,574-square-meter plant consolidates operations of its two nearby plants into one location. IAC invested more than USD2 million in the modernization of the equipment and facility, which will have around 220 employees. The new plant will produce headliners, central console systems, and instrument panel components. In addition, the plant will provide e...
    News
    IAC Group appoints Manfred Gingl as CEO
    International Automotive Components Group (IAC) has appointed Manfred Gingl as its new CEO with immediate effect, the Luxemburg-based automotive interior specialist said in a press release on 21 June. Gingl has replaced Robert S. Miller, who retired as CEO and president of the company in the first week of this month. IAC has also announced that Natale Rea, who was appointed president and interim CEO following Miller’s retirement, will continue to work as president.  Gingl brings sev...
    News
    IAC Group appoints Natale Rea as president and interim CEO
    International Automotive Components Group (IAC) has appointed Natale Rea as its president and interim CEO, effective immediately, according to a company press release yesterday (4 June). Rea replaced Robert Steve Miller, who retired from IAC after three years as president and CEO. Rea has over four decades of automotive supplier industry experience. Prior to serving as president of his investment firm, Rea Holdings from 2012 to 2018, he was president of the Automotive Division at Martinrea In...
    News
    IAC completes refinancing senior secured notes
    International Automotive Components Group (IAC) has announced the closure of its new financing transaction through issuing second lien notes worth USD215 million due April 2023 to PE firm Gamut Capital Management, L.P. (Gamut), according to a company press release yesterday (23 April). With completion of this transaction, Gamut acquired a minority equity interest in IAC. Significance: Earlier this month, IAC informed that it had secured a strategic investment from PE firm Gamut Capital M...
    News
    IAC Group receives strategic investment from PE firm Gamut Capital
    International Automotive Components (IAC) Group has secured a strategic investment from PE firm Gamut Capital Management, according to a company press release on 6 April. As part of recapitalization, IAC will issue senior secured notes worth USD215 million due April 2023. The PE firm will also acquire a minority equity interest in IAC and nominate representatives to the board.  WL Ross and Co. LLC, a division of Invesco Ltd., and Franklin Mutual Advisers LLC, will continue to be majority sh...
    News
    IAC opens new door panels plant in Czech Republic
    International Automotive Components (IAC) has opened a new manufacturing plant in Prestice, Czech Republic, to produce door panels for premium customers, the company said in a press release on 7 March. The company invested USD40 million in the new plant, its third in Prestice, which is spread over an area of more than 32,560 square meters. The plant will have annual production capacity of 600,000 units. The investment is expected to result in 800 new jobs. “Our new Prestice operation reflec...
    News
    IAC appoints Daniel Linder vice-president, China operations
    International Automotive Components (IAC) has appointed Daniel Linder as vice-president of its operations in China, according to a company press release. Linder, based at the company’s  regional headquarters in Shanghai, is responsible for leading and overseeing the development of new business opportunities and identifying potential strategic partners, alliances, and relationships to grow IAC’s customer base and product portfolio in the Chinese market. Linder succeeds Brian Pour, who...
    News
    IAC opens automotive interior plant in Poland
    International Automotive Components (IAC) has opened a new manufacturing plant in Opole, Poland to produce tailored automotive interior parts, according to a company press release yesterday (25 October). The new plant, spread over an area of 27,000 square meters, will make highly-crafted cut-and-sewn and hand-wrapped components, starting with instrument panels for premium cars. The company has invested more than USD20 million in the plant, which is expected to create approximately 550 jobs in th...
    News
    IAC, Shanghai Shenda form JV to produce soft trim, acoustical products
    International Automotive Components (IAC) and Shanghai Shenda Co., Ltd. (Shenda) have completed a joint venture (JV) transaction that was announced in December last year, IAC said in a press release last week (15 September).  The two companies have formed Auria Solutions, Ltd. (Auria) to produce soft trim and acoustical products for the automotive industry. Shenda holds 70% stake in the JV, while IAC holds the remaining 30% stake. Brian Pour has been appointed as president and CEO of Aur...
    News
    IAC opens new regional and global engineering center in India
    Automotive interior parts supplier International Automotive Components (IAC) has opened a new regional and global engineering center in Pune, India, according to a company press release yesterday (15 June). The 2,415-square meter center in Pune can accommodate up to 150 employees. "The newest IAC facility in Pune will further enhance our global integrated engineering solutions focused on the development of exceptional automotive interiors," said IAC senior vice-president of Asia Operations Gajan...
    News
    IAC, Shanghai Shenda receive approval for JV
    International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. have received approval from the National Development and Reform Commission of the People’s Republic of China for their proposed global automotive soft trim and acoustics joint venture (JV) that was announced in December last year. “This is a major milestone toward the completion of our transaction and the formation of a new global leader in the automotive soft trim and acoustics segment,” said IAC president and CEO R...
    News
    Suppliers to the new Opel Insignia
    The second generation Opel Insignia is built on GLOBAL EPSILON/E2XX platform with model code E2JO. Assembly of the second generation Opel Insignia began in March 2017 at the automaker’s Russelsheim facility in Germany. According to IHS Markit Automotive production forecasts, output is expected to peak in 2017 at more than 172,000 units. If you would like your company included in this feature, or the car cutaways published in Automotive News&...
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    Suppliers to the new Skoda Kodiaq
    The all new Skoda Kodiaq is the company’s first proper SUV with a seven-seat package. The Czech automaker introduced the 7-seater SUV as a VisionS concept at the 2016 Geneva Motor Show. The biggest ever SUV design with a SKODA badge conveys its “strength and protection”. With a brand new design language the SUV has a 3-dimensional wide radiator grille, narrow and raked headlights, C-Shaped LED tail lamps and slightly angular wheel arches. Schaeffler is the supplier of wheel bearings and...
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    IAC breaks ground on new plant in Poland
    Luxembourg-based International Automotive Components (IAC) yesterday (7 February) broke ground on a new plant in Opole, Poland, according to a company press release. The plant, which is scheduled to become operational in mid-2017, will manufacture tailored instrument panels for premium passenger cars. The company is investing approximately USD20 million in the plant, which is likely to create approximately 550 jobs in the region. Covering an area of 27,000 square meters, the plant will be built ...
    News
    IAC appoints Terrence Gohl as COO of Cockpit and Overhead Systems business
    International Automotive Components (IAC) has appointed Terrence Gohl as chief operating officer (COO) of Cockpit and Overhead Systems business, the company announced in a press release on 25 January. Gohl will report to  IAC Group's global COO Brian Pour, and will  oversee all aspects of the company's Cockpit and Overhead Systems business. In his last role, Gohl served as Key Plastics LLC's President and Chief Executive Officer since 2009, and has over 30 years experience in automo...
    News
    IAC, Shanghai Shenda to form global JV for automotive soft trim and acoustics
    International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. have inked a definitive agreement to form a global joint venture (JV) to supply soft trim and acoustics products to global automakers, according to a press release on 21 December. Under the terms of the agreement, IAC will maintain a 30% interest in the UK-based JV with an enterprise value of USD570 million, while 70% stake will be held by a UK affiliate of Shenda. The companies have not decided the JV’s name yet. Regard...
    News
    IAC eyes acquisitions in India to expand capacity, global presence – report
    International Automotive Component (IAC) is eyeing acquisitions in India to expand its capacity as well as geographical presence, reports business daily The Economic Times. IAC is considering acquiring a company located closer to Chennai city in the state of Tamil Nadu or Sanand in the state of Gujarat in order to gain quick access into auto manufacturing hub, while winning new businesses. Gajanan Gandhe, executive director, India, and vice-president for South Asia, Africa at IAC, was quoted ...
    News
    IAC's new Czech plant commences production of lightweight acoustical solutions
    International Automotive Components (IAC)’s new production facility in Prestice, Czech Republic, has started production of lightweight injection moulded inner dash insulation, the automotive interiors supplier announced in a press release yesterday (12 July). The plant will supply to two European OEM customers, whose names were not disclosed. The plant is expected to reach full capacity in 2018. The new plant, IAC’s second in Prestice, is located approximately two kilometers from the com...
    News
    IAC opens first South American plant in Brazil; to supply cockpits to Jaguar Land Rover
    International Automotive Components (IAC) opened its first South American plant in Itatiaia, Brazil, yesterday (15 June). According to the company’s press release, the new facility assembles and supplies highly crafted cockpits to Jaguar Land Rover's (JLR) new car assembly factory in Rio de Janeiro (Brazil). The new plant assembles cockpit components provided by five of the company’s facilities in the United Kingdom. The completed cockpits are delivered to the nearby JLR facility to support ...
    News
    Rebirth of interior suppliers
    Automotive interior business has been dragging suppliers’ profitability in recent years, resulting in a number of consolidations. “We would say that the interiors industry overall has reached an inflection point. There have been a number of recent major transactions which have propelled a structural change in the interior supply base. Examples of this would be the acquisition of Magna interiors by Grupo Antolin and the joint venture between Johnson Controls Interiors and Yanfeng. The extraor...
    Insights
    Interview: Maurice Sessel, President of North America, IAC
    Lately, there has been spate of consolidations (divestments, mergers and acquisitions) in the automotive interior space. What are the key reasons why suppliers are divesting their interior assets?   The interiors segment historically has the lowest profit margins compared to the other vehicle segments (powertrain, chassis, electronics, etc.).  Companies who traditionally carried interiors divisions (Lear, JCI, Magna) no longer saw a strategic reason to continue holding on to ...
    Insights
    Management changes (Issue 4, 2016)
    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. Alpine Electronics has appointed Nobuhiko Komeya as president of the company, replacing Toru Usami). Prior to his current role, Komeya was serving as senior managing director. Toru Usami has now been appointed as chairman of Alpine E...
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    International Automotive Components (IAC) appoints Brian Pour as COO
    International Automotive Components (IAC) has appointed Brian Pour as the company’s chief operating officer (COO), the company announced in a press release on 18 April. Prior to his appointment as COO, Pour was senior vice president, Manufacturing for IAC. As COO, Pour is responsible for planning, directing and overseeing the company’s operational, commercial, engineering, quality and procurement disciplines across the organization, the company said. Commenting on the appointment, IAC presid...
    News
    BASF develops binder for roof frames made of natural rubber for cars
    BASF has developed a binder for car roof frames made of natural fibre, the company said in a press release yesterday (6 April). BASF’s new Acrodur® 950 L binder has been used by International Automotive Components Group (IAC) for production of the world’s first car roof frame entirely made of natural fibre. IAC has developed the innovative lightweight concept and produces the roof frame based on BASF’s Acrodur 950 L for the new Mercedes-Benz E-Class. Commenting on new binder by BASF, ...
    News
    IAC supplies FiberFrame™ natural fibre sunroof frame for new Mercedes-Benz E-Class
    International Automotive Components (IAC) is introducing its FiberFrame™ natural fibre sun-roof frame in the new Mercedes-Benz E-Class, which is scheduled to go on sale this month, the company said in a press release. The new natural fibre frame substitutes metal reinforcement frame for sunroofs. It uses natural fibre based semi-finished material EcoMatHot as reinforcement. The new sunroof frame offers high stiffness for better structural rigidity and results in up to 50% weight savings compar...
    News
    Dana appoints Jonathan Collins as chief financial officer
    Dana Holding Corporation has appointed Jonathan Collins as senior vice president and chief financial officer (CFO), says a company press release. Collins will succeed interim chief financial officer, Rodney Filcek. "We are pleased to have someone of Jonathan's calibre joining the Dana team.  He possesses a strong financial background, coupled with a proven reputation for driving profitable growth," said James Kamsickas, Dana president and chief executive officer. Before joining Dan...
    News
    EDITORIAL – Motherson Sumi’s potential acquisition of IAC could create yet another megasupplier
    Motherson Sumi Systems Limited (MSSL), the flagship company of Samvardhana Motherson Group (SMG), is in advance negotiations with billionaire investor Wilbur Ross to buy International Automotive Components (IAC) Groups for USD700-800 million, reports the Economic Times (ET), citing people familiar with the development. The acquisition, if it happens, will further strengthen MSSL’s position as the leading Indian auto parts supplier and diversify its international presence, product offerings, an...
    News
    Motherson Sumi in advance negotiation to buy IAC – report
    Motherson Sumi Systems Limited (MSSL), the flagship company of Samvardhana Motherson Group (SMG), is in advance negotiations with billionaire investor Wilbur Ross to buy International Automotive Components (IAC) Groups for USD700-800 million, reports the Economic Times (ET), citing people familiar with the development as source. The reports further claims that MSSL has piped several bidders including some private equity (PE) funds to emerge as the final contender. The acquisition, if happens, wi...
    News
    International Automotive Components (IAC)’s Hybridfleece Molding™ achieves significant weight savings
    International Automotive Components (IAC) has announced that its proprietary advanced technology HybridFleece Molding™ achieves significant weight savings over traditional components in the environmental balance from the Institute for Biopolymers and Biocomposites (IfBB) from the University for Applied Sciences of Hannover, Germany. The company says the technology, designed to reduce process complexity, can be used to produce a variety of lightweight structural and visible (A-surface) interior...
    News
    Suppliers to the new Mercedes-Benz E-Class
    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 james.clark@ihs.com.This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Suppliers to the new Chrysler Town & Country
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    German cartel authority fines HP Pelzer for involvement in automotive interiors price fixing arrangement
    The Bundeskartellamt has imposed a fine of EUR15 million (USD16.5 million) on automotive acoustic components supplier HP Pelzer for its involvement in price fixing, reports Rubber & Plastics News. Earlier this month, the Germany-based competition authority had completed its price fixing investigating against acoustic components suppliers and found HP Pelzer guilty. However, the authority had not announced fine at that time.     HP Pelzer joins other five suppliers who wer...
    News
    Suppliers to the new Cadillac XT5
    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 james.clark@ihs.com.This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Nelson Global buys GT Exhaust, Silex assets
    Nelson Global Products, a manufacturer of tubular and exhaust products for commercial vehicle markets, has acquired the assets of GT Exhaust and Silex Innovations, says a company press release.  The acquisition of assets is effective immediately and the company expects transition to complete by 1 January 2016. The company did not disclose the terms of the acquisition. Subsequent to the deal, GT Exhaust and Silex products and brands will be part of Nelson’s product family and will be manuf...
    News
    The Indian Automotive Supply Base
    Speed bumps The supplierindustry has had to manoevre a couple of rough patches in the recent past, especially in FY 2008/09, during the global economic slowdown, and more recently in FY 2013/14, owing to a slowdown in economy and vehicle sales and production in India. According to an estimate, more than 40% of production capacity remained unused during 2012-2014 due to subdued demand for new vehicles. The commercial vehicle industry has had a relatively tougher time with production declining...
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    “The pursuit of [a] vertical integration strategy has helped IAC reduce its dependency on sub-suppliers.”
    SupplierBusiness spoke with, Marcus Nyman, Senior Vice President Commercial for IAC in Europe who is responsible for IAC’s business with Volvo Cars: Nyman oversees the activities of the global CBUs (Customer Business Units) for IAC’s European vehicle company customers, covering Business Development & Management, as well as Programme Management. He also works in close partnership with the other regional IAC commercial leaders to ensure the delivery of seamless services and solutions to IA...
    Insights
    Investments (Issue 9, 2015)
    Company Region Area of operation Investment Comment Beijing Automotive Industry Corporation China MPV production CNY4.724 billion (USD 7.41 million) The commercial vehicle subsidiary of Beijing Automotive Industry Corporation is strengthening its capacity to produce multi-purpose vehicle...
    Insights
    Latest investments (Issue 8, 2015)
    Company Region Area of operation Investment Comment Audi Hungary Light vehicle manufacturing HUF32 billion (EUR104 million) Audi is planning to invest HUF32 billion (EUR104 million) at its car manufacturing plant in Gyõr, Hungary. The report quoted Hungarian foreign minister Peter Szijj...
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    Suppliers to new Ford Galaxy
    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 james.clark@ihs.com.This cutaway represents a subset of the supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    IAC opens new manufacturing facility in China
    International Automotive Components (IAC), opened a new manufacturing facility under the name of Shanghai IAC-Songjiang Automotive Carpet and Acoustics Co., Ltd. (joint venture between IAC and Shanghai Car Carpet Plant), in Tianjin, China, according to a press release on 26 October. The new facility will manufacture vehicle flooring, acoustics systems and headliners for Mercedes-Benz vehicles, including GLC, GLA, C-Class and E-Class models. IAC will employ more than 180 people at the new facilit...
    News
    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 or Automotive News Europe, please e-mail james.clark@ihs.com.This cutaway represents a subset of the European and NAFTA supply base information in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    International Automotive Components (IAC) opens facility in Elmdon, UK
    International Automotive Components (IAC) has opened a new manufacturing, technical and design centre in Elmdon, United Kingdom, according to a company press release on 24 September. The 135,000-square-foot facility is located near the Jaguar Land Rover (JLR) engineering centres in Whitley and Gaydon, and the Solihull production site (all in United Kingdom). The IAC's new facility will have space to carry out major manufacturing processes and logistics, all under one roof. Significance: IAC ...
    News
    International Automotive Components (IAC) opens new UK site
    International Automotive Components (IAC) has opened a new site in the United Kingdom which will supply Jaguar Land Rover's (JLR) site in Halewood (United Kingdom), reports the Liverpool Echo. The 75,000-square-foot facility will be located adjacent to an existing 75,000-square-foot IAC site in Boulevard Industry Park. Significance: IAC supplies interior components to the automaker which manufactures the Land Rover Discovery Sport and Range Rover Evoque. IAC's fortunes are mirroring those of...
    News
    EDITORIAL – As China’s Stock Market suffers, demand for light-vehicles also sees a slowdown
    After soaring 150% over the course of a year, the benchmark Shanghai Stock Exchange (SSE) Composite Index fell by more than 30% last week in an event dubbed ‘Black Monday’. The day’s trading saw billions wiped off the Shanghai Composite and other markets around the globe, with stocks rallying towards the end of the week.  The volatility in the stock market begs the question of how much of an impact this will have on the industrial sector and consumer demand in the region, especial...
    News
    Suppliers to new Nissan Titan
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Suppliers to new Volvo XC90
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
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    Suppliers to new Ford S-Max
    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 james.clark@ihs.com.This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Jaguar Land Rover’s plan for growth and manufacturing facilities
    Jaguar Land Rover (JLR), owned by Tata of India, is currently one of the fastest growing vehicle companies; it is now in the process of expanding beyond its traditional UK base.  It has three vehicle factories and one engine plant in the UK, along with its R&D facilities at Gaydon and Whitely (near Coventry).  It has also recently opened its first vehicle plant in China.  A plant in Brazil is also now under construction, with the likelihood that further plants, possibly in Nor...
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    Management changes (Issue 6, 2015)
    Axalta Coating Systems has named David Grimes global vice-president of Automotive Plastic Components (APC) business. In this newly created role, Grimes will provide global strategy for the APC business and also work with research and development teams to continue to create new products.  Bridgestone Metalpha, the steel cord manufacturing subsidiary of Bridgestone in the United States, has promoted Bruce Johnson as CEO and president. Johnson, who has been serving mainly as plant manager ...
    Insights
    International Automotive Components (IAC) inaugurates new facility in China
    International Automotive Components (IAC), a leading automotive interiors supplier, opened its new facility in Hangzhou, China, on 14 July, the company has announced. The new facility will initially manufacture door panel and centre console assemblies for Changan Ford, along with door trim components for Shanghai General Motors and instrument panel and centre console components for Chery Jaguar Land Rover. IAC will employ more than 220 people at the new facility. According to Brian Pour, senior ...
    News
    Dana hires supplier group IAC’s CEO
    Supplier group Dana Holding has hired Jim Kamsickas to be its new CEO; Kamsickas comes to Dana from the position of CEO at International Automotive Group (IAC), where he has served since 2012. IAC, meanwhile, has hired Robert “Steve” Miller to replace the outgoing Kamsickas. Effective 11 August, Kamsickas replaces Roger Wood, who had announced in January that he planned to retire. In a company statement, Dana said that Wood will continue as a member of the company’s board of directors thro...
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    Suppliers to new Opel Corsa
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    International Automotive Components (IAC) opens new plant in Mexico
    International Automotive Components (IAC) has opened a new vehicle interior plant in Arteaga, Mexico, the company announced in a press release yesterday (26 May). The plant, spread on a 90,000-square feet area, currently employs 320 people. The facility will serve as a centre for compression bonded cut, sew and wrapped highly crafted automotive interior components, including instrument panels, door panels, floor consoles, armrests and bolsters. Significance: IAC's investment in crafted autom...
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    Suppliers to the new Land Rover Discovery Sport
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
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    Suppliers to the new GMC Canyon
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
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    Jaguar Land Rover to develop interior trim using recycled plastic under Recyclite project
    Jaguar Land Rover (JLR) is working with partners such as Luxus, Coperion GmbH and International Automotive Components (IAC), under a 'Recyclite' project that aims to commercialise polypropylene compounds, which have high scratch resistance and are also lighter than existing compounds, reports Plastics News. The project, will run for two years, is co funded by the Eco-Innovation initiative of the European Union.. Under the project, Luxus will develop its Hycolene range of lightweight PP compounds...
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    Suppliers to the new Ford Mondeo
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.  
    Insights
    Suppliers to the new GMC Yukon XL
    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 james.clark@ihs.com. Fully redesigned for the first time since 2006, the 2015 GMC Yukon XL offers a dramatic improvement in terms of reduced cabin noise, thanks to acoustical door watershields, supplied by US-based supplier Cadillac Products.  In addition, other acoustic components supplied by Sika Corporation further reduce noise and v...
    Insights
    Investments (Issue 1, 2015)
    Company Region Area of operation Investment Comment ABC Group Poland Plastics - ABC Group will open a new plant in Bydgoszcz, Poland to make parts for cars using plastics and other materials, European Plastic News reports citing local news agency PAP as source. The Canadian supplier has ...
    Insights
    International Automotive Components (IAC) to add 180 jobs in US
    International Automotive Components (IAC) has planned to add 180 jobs at its plant in Strasburg, Virginia, the United States, reports The Northern Virginia Daily. The new jobs will be added over a span of two years by 2016. Talking about the new jobs, the company’s spokesman David Ladd said that there will be some salaried and technical positions and most of the new jobs will be hourly positions in manufacturing. The Strasburg plant produces components including centre consoles, door and i...
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    Suppliers to the new Kia Sorento
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
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    Suppliers to the new Ford Edge
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    EDITORIAL – SupplierBusiness’ most read articles in 2014
    January – Future demand for manual transmissions IHS Automotive took an in depth look at the manual transmission market and where it is heading. Though the technology is at a high state of development, there are still new elements being added. Six is expected to be the ideal number of speeds for manual transmission going forward. February – Continental retunes its powertrain strategy Continental splits its Strategy and Technology department two separate entities, in a bid to foc...
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    Management changes (Issue 10, 2014)
    American Axle & Manufacturing (AAM) has announced a few new management appointments. “We are extremely pleased to announce the addition of Nigel Francis and Jon Morrison to the AAM executive management team.” said David C. Dauch, chairman, president and CEO, AAM. Axion Power International, named Charles R. Trego as the company’s permanent chief financial officer (CFO). Trego reports directly to Chairman and CEO David DiGiacinto, and the appointment is effective immediately....
    Insights
    International Automotive Components (IAC) expands interior components plant in US
    International Automotive Components (IAC) has expanded its manufacturing operation in Anniston, Alabama, United States, the company said in a press release yesterday (9 December). The expansion has doubled the size of the facility and will eventually result in 350 new jobs over the period of next two years. The manufacturing plant will now occupy approximately 262,000 square feet area, after being expanded by 126,000 square feet. Including the new employment, the plant will employ more than 500 ...
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    Relations between suppliers and OEMs deteriorate as pressure increases to tighten purchasing costs
    Heightened friction between OEMs and suppliers on cost reduction matters is the main factor behind the deterioration of relations between automakers and suppliers globally in 2014, according to suppliers who took part in the annual Global OEM-Supplier Relations Study conducted by IHS Automotive. The unique global survey allows automotive suppliers to rate carmakers on a variety of matters, including technology sourcing, profit-impacting factors, quality management and intellectual property prote...
    Insights
    Investments (Issue 9, 2014)
    Company Region Area of operation Investment Comment Asahi Kasei Plastics United States Plastic compounds - Asahi Kasei Plastics North America (APNA), Asahi Kasei’s North American subsidiary, has broken ground for a plastic compounds plant in Athens, Alabama, United States. The plant wi...
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    Suppliers to the new Chevrolet Suburban
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    IAC appoints Stephen Toy as new chairman
    Luxembourg-based automotive interior and exterior systems supplier International Automotive Components Group (IAC) has appointed Stephen Toy as its new chairman. According to a company press release, Toy replaces Wilbur L. Ross, Jr., who has been serving on IAC’s boards since the company’s establishment in 2006. Toy was most recently a director in IAC’s boards. Significance: Ross stepped down as the chairman of IAC due to the European Union’s (EU) new regulatory restrictions, which l...
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    Suppliers to the new Cadillac Escalade
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    The top 25 automotive suppliers in the world
    The current decade is shaping up well for the global automotive supplier industry. The industry continues to record strong growth in sales, despite prolonged weakness in vehicle demand in key markets like Europe and highly volatile demand in emerging markets. Amid such an unpredictable business environment, North America has impressed with consistent growth in vehicles sales following the global financial crisis, led by strong demand in the United States, the largest market in the region and the...
    Insights
    IAC opens two new manufacturing plants in China
    International Automotive Components (IAC) has opened two new facilities in China, covering a combined 22,300 square metres in the eastern province of Jiangsu, the supplier has announced in a press release. The two new manufacturing bases – IAC Automotive Components Changshu Company and Shanghai IAC-Songjiang Automotive Carpet and Acoustics Changshu – are in Changshu in the eastern province of Jiangsu, and will employ 540 staff. "We are very excited to enter the Changshu region as another imp...
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    EDITORIAL – IHS SupplierBusiness Top Suppliers Ranking
    The global automotive supplier industry continues to strengthen, especially at the top end where tier one suppliers have built economies of scale by providing parts to multiple manufacturers around the world. This has created a group at the top that now have revenue that is comparable to OEMs (Bosch’s automotive revenue was EUR30.59bn in 2013; Renault’s was EUR40.93 billion). These suppliers will only get stronger as well, as they hoover up contracts for more parts on fewer platforms that wi...
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    IAC opens European headquarters in Germany
    Vehicle interiors supplier International Automotive Components (IAC) has opened its new European headquarters in Düsseldorf, Germany, according to a press release. The new headquarters will look after IAC’s European operations, including its commercial, sales, design/engineering, procurement and administrative activities in the region. The location will also play a critical role in the global IAC organisation.  For instance, the design, development and engineering teams work in partnersh...
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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 or Automotive News Europe, please e-mail james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Opel Vivaro’s boost to the UK supplier industry
    In recent times, the UK automotive industry, aided by a number of initiatives by the SMMT, the Automotive Council (A body which ensures close co-operation between the UK government and the automotive industry) and the new Automotive Investment Organisation (A unit of UK government industry department, BIS which is charged with attracting automotive investment into the UK), has seen renewed interest in sourcing components in the UK.  This has been for both vehicle plants in the UK, but also ...
    Insights
    The changing landscape of the automotive interiors industry
    This year, two leading North American suppliers, Johnson Controls (JCI) and Visteon, took steps to exit their vehicle interiors business. JCI entered into an agreement with China-based Yanfeng Automotive Trims Systems to merge most of assets of their interior business via a joint-venture, in which Yanfeng will own a majority stake. And Visteon agreed to divest the majority of its automotive interiors business to an affiliate of Cerberus Capital Management. Falling revenues JCI’s interi...
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    Suppliers to the new Mercedes-Benz C class
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Suppliers to the new Mercedes-Benz GLA class
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Aequs to set up new automotive components plant in India
    Aequs plans to establish a new automotive components manufacturing facility in Belgaum, Karnataka in India, reports The Economic Times. The facility will be located in Belgaum’s 250-acre special economic zone, and will support Aequs’s expansion plans for Europe and the United States. The Belgaum facility, scheduled to commence operations in March 2015, will manufacture engine and transmission parts, sub-assemblies and assemblies. The facility will have a total annual machining capacity of ov...
    News
    IAC appoints Marcus Nyman new senior vice-president, Commercial for Europe
    International Automotive Components (IAC) has appointed Marcus Nyman as new senior vice-president of Commercial for the European region, according to a company press release. Nyman will report to Jim Kamsickas, president and CEO of the company. In his new role, Nyman will be responsible for the activities relating to the company’s global Customer Business Units (CBUs) for the European OEM customers, Business Development and Management as well as the Program Management group. Nyman will als...
    News
    IAC opens new Asia headquarters in China
    International Automotive Components (IAC) opened its new Asia headquarters in Shanghai, China, on Friday (6 June). According to a company press release, the 30,000-square feet site for the new headquarters also houses a technical centre. The Shanghai headquarters will look after IAC’s Asian operations, including the region’s commercial and administrative activities, along with global and domestic design and engineering, procurement and manufacturing. The new headquarters currently employs ap...
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    Who IAC Supplies
     
    Insights
    Suppliers to the new Rolls-Royce Wraith
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Suppliers to the new Chevrolet Tahoe
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Investments (Issue 3, 2014)
    Company Region Area of operation Comment ArcelorMittal Brazil Steel ArcelorMittal will invest USD 15 million at its Vega do Sul flat steel rolling mill in the state of Santa Catarina, Brazil, to produce high-strength steel for automotive industry. The company will produce Usibor®, a press-hardened boron steel with an aluminium-si...
    Insights
    Suppliers to the new BMW X4
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
    Insights
    Suppliers to the new Acura TLX
    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 james.clark@ihs.com. This cutaway represents a subset of the European and NAFTA supply base information held in the SupplierBusiness Who Supplies Whom Database. Please click here for more information on this product.
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