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    INVESTMENT: Toyoda Gosei invests in IoT service provider Uhuru
    Toyoda Gosei Co has made an investment in Uhuru Corp, the company said in a press release on 8 April. Uhuru provides solutions using data in cloud computing and edge devices. The details of the investment were not disclosed. The collaboration will allow Toyoda Gosei to enhance value in products a...
    09-Apr-2020 News Investments
    COVID-19 pandemic: Arconic implements ‘mitigating actions’ to reduce operating costs
    In a press release dated 8 April, Arconic has announced several ‘mitigating actions’ to reduce operating costs due to the coronavirus disease 2019 (COVID-19) pandemic. The actions are estimated to reduce operating costs by approximately USD150 million on an annualized run-rate basis. These ...
    09-Apr-2020 News COVID-19
    COVID-19 pandemic: voestalpine expects pandemic to impact performance in FY2019/20
    In a press release dated 7 April, voestalpine announced that it expects coronavirus disease 2019 (COVID-19) pandemic to negatively influence the financial result of the fiscal year 2019/20 which ended 31 March 2020, both operationally and through one-time effects. Voestalpine expects a slightly redu...
    09-Apr-2020 News COVID-19
    COVID-19 pandemic: Valmet begins production of safety mask at Polish plant
    Valmet Automotive has started production of safety masks at its Zary plant in Poland, in response to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 8 April. According to Valmet, its Zary plant, which makes roof systems for convertible for premium cars a...
    09-Apr-2020 News COVID-19
    M&A: Novelis receives last clearance from European Commission for acquisition of Aleris
    Novelis Inc. has received the final clearance from the European Commission for its proposed acquisition of Aleris Corporation, a global supplier of rolled aluminum products, Novelis announced in a press release on 8 April. Novelis secured final approval from the Commission for the sale of Aleri...
    COVID-19 pandemic: GM shares production process for medical face masks with suppliers
    General Motors (GM) is encouraging its suppliers to assist in ramping up the production of medical face masks for healthcare professionals fighting the coronavirus disease 2019 (COVID-19) pandemic, CNBC reported on 5 April. The automaker has shared its step-by-step process to produce these masks wit...
    08-Apr-2020 News COVID-19
    M&A: Recticel divests controlling stake in Automotive Interiors division, 50% stake in Eurofoam JV
    Recticel has entered into a definitive agreement with a Germany-based private investment firm Admetos GmbH to partially divest its ownership in Automotive Interior business, the company said in a press release on 6 April. Under the agreement, Recticel’s Automotive Interior division will be transfe...
    COVID-19 pandemic: Nemak uses 3D printing technology at Mexican facility to produce splitters for ventilator
    Nemak is using 3D printing technology to produce splitters for Ventilators at its Monterrey plant in Mexico, the company announced in a press release on 1 April. Nemak is producing the splitters as part of the Mexico United Against COVID-19 (México unido contra el COVID-19) initiative. ...
    08-Apr-2020 News COVID-19
    COVID-19 pandemic: Nemak temporarily stops production at certain plants and production lines
    Nemak has temporarily suspended production at certain plants and production lines due to coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 7 April. The shutdowns are in accordance with emergency declarations issued in certain jurisdictions where the plant is l...
    08-Apr-2020 News COVID-19
    LANXESS develops all-plastic brake pedal for electric sports car
    LANXESS’ High Performance Materials (HPM) business unit, in partnership with BOGE Elastmetall, has developed what it claims to be the first all-plastic brake pedal for a mass-production battery-electric sports car, LANXESS said in a press release on 7 April. BOGE Elastmetall is a global provide...
    08-Apr-2020 News New Products
    COVID-19 pandemic: Woodbridge produces face masks at Canadian plant
    Canadian supplier Woodbridge is producing face masks at its Ontario plant in Canada to fight the coronavirus disease 2019 (COVID-19) pandemic, according to a report by The Canadian Press on 7 April. The company has produced the first 1,000 Level 3 masks. "Woodbridge, together with the Automotive ...
    08-Apr-2020 News COVID-19
    Skoltech develops new cathode material for metal-ion batteries
    Researchers from the Skoltech Center for Energy Science and Technology (CEST) have developed a new cathode material based on titanium fluoride phosphate for metal-ion batteries, according to a press release on 23 March on CEST website. The new material achieves high energy performance and stable ope...
    08-Apr-2020 News New Products
    COVID-19 pandemic: Henkel withdraws financial forecast for FY 2020
    Henkel has withdrawn its financial forecast for the fiscal year 2020, published in the Annual Report 2019, due to coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 7 April. Henkel said that as soon as it is possible to make a sufficiently reliable evaluation o...
    08-Apr-2020 News COVID-19
    Freudenberg FY 2019 sales climbs 1.6% y/y in mainland China, local investments rise by 83%
    Germany-based automotive components and technology firm, Freudenberg, has announced its financial results for the fiscal year 2019. According to a press release issued by Freudenberg on 8 April, the company has stated that it registered sales of EUR9.47 billion (approximately USD10.37 billion) durin...
    COVID-19 pandemic: Lear publishes ‘Safe Work Playbook’ to address challenges related to resuming operations
    Lear has published ‘Safe Work Playbook’, an interactive guide on steps and best practices for health and safety procedures, cross-functional teamwork, operating disciplines, and training for employees in response to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press re...
    07-Apr-2020 News COVID-19
    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 manufacturin...
    07-Apr-2020 News COVID-19
    COVID-19 pandemic: Benteler produces holders for face masks on 3D printers at Spanish plant
    Benteler has announced that it will be producing holders for face masks on 3D printers, a company press release on 6 April read. The holders are used to produce masks and will be donated to the Galician health service in Spain due to the coronavirus disease 2019 (COVID-19) pandemic. Significance:...
    07-Apr-2020 News COVID-19
    AutoTechInsight Weekly – 6 April 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: voestalpine adopts short-time work, temporary shutdowns in plants across various countries
    In a press release dated 23 March, voestalpine announced that it is adopting short-time work in around 50 European Group companies in Austria as well as Germany, Belgium, and France. The company also said that several sites in countries including France, Italy, Peru, Brazil, and the US hav...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: SMMT urges UK government to introduce measures to support automotive suppliers
    The Society of Motor Manufacturers (SMMT) has requested that the UK government immediately introduce measures to supports auto parts suppliers whose business have been severely hit due to comprehensive production suspensions at their customers amid the coronavirus disease 2019 (COVID-19) pandemic, R...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Varroc extends temporary closure of all Indian factories until 14 April
    Varroc Engineering Limited has stated that it will extend the temporary closures of its production facilities in India until 14 April, according to a notice sent by the company to the Bombay Stock Exchange on 1 April. The shutdown is being extended due to the lockdown imposed by the government of In...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Marelli extends European shutdown until 13 April
    Marelli has extended temporary suspension of production activities at majority of its plants in Europe until 13 April due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release sent to IHS Markit on 3 April. According to the company, the extension is applicable to i...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Volkswagen, Faurecia collaborate to produce personal protective equipment
    Volkswagen of America, a subsidiary of the Volkswagen Group in the United States, has collaborated with Faurecia to produce personal protective equipment (PPE) items for healthcare professionals fighting the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 3 April...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker (updated on 6 April)
    Click the link above to download 'COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker'
    06-Apr-2020 Insights COVID-19
    COVID-19 pandemic: Gerhardi operates production plants at reduced capacity in Germany
    Automotive supplier Gerhardi has scaled down operations at its plants in Germany to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic. The company is currently operating three days per weeks for two weeks (30 March to 8 April) at its plants in Ibbenbüren, Lüdenscheid...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: ABC Technologies lays off 680 employees at US plant
    ABC Technologies has laid off 680 people at its Gallatin plant in the United States, Nashville Post reported on 2 April. The layoff is due to the impact of the coronavirus disease 2019 (COVID-19) pandemic. Nashville Post added that ABC officials could not be reached for comment on the issue. Sign...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: China XD Plastics expects to resume normal production at Chinese plants by end of May
    China XD Plastics has provided update on the impact of coronavirus disease 2019 (COVID-19) on its business and operations, according to a company’s press release. The company temporarily closed operations at its plants and corporate offices in mainland China from 24 January to 9 February as its al...
    03-Apr-2020 News COVID-19
    Toyoda Gosei develops extra-large spindle grille for Lexus LM
    Toyoda Gosei Co., Ltd. has developed new extra-large spindle grilles for Toyota’s Lexus LM, a luxury minivan sold in China, the Japanese supplier said in a press release on 26 March 2020. The new Lexus LM was launched for the growing luxury minivan segments in Asian and other markets. Significa...
    COVID-19 pandemic: Piolax temporarily lays off 359 workers at US plant
    Piolax Corp. has temporarily laid off 359 workers at its plant located in Canton, Georgia, US, following  the shutdown of various plants by company’s automotive customers, according to a report by Cherokee Tribune & Ledger News on 23 March. “We’re not looking at it as a real l...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: Nexteer produces protective masks and face shield headbands
    Nexteer Automotive has announced that it will be using its 3D printers in Michigan, United States, and Tychy, Poland, to make plastic protective masks and face shield headbands to help medical professionals fight the coronavirus disease 2019 (COVID-19) pandemic. In a press release dated 1 Ap...
    02-Apr-2020 News COVID-19
    Freudenberg's net sales rises marginally to USD10.6 billion in 2019
    Freudenberg Group has reported a sales of EUR9.46 billion in the full year ended 31 December 2019, compared to EUR9.45 billion (USD10.6 billion) in the previous year, according to a company press release on 1 April. Operating income of the Freudenberg Group, however, fell 9.9% year on year (y/y) to ...
    COVID-19 pandemic: GF curtails production at European plants
    Georg Fischer (GF) has announced that it will curtail production at some of its plants in Europe due to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 2 April. GF said that it is adapting its own production capacity in Europe and introducing short-time work...
    02-Apr-2020 News COVID-19
    Arconic completes separation into two standalone companies
    Arconic Inc. has completed its separation into two standalone companies—Arconic Corporation and Howmet Aerospace Inc, the company announced in a press release on 1 April. Howmet Aerospace will include Engineered Products and Forgings businesses (engine products, fastening systems, engineered struc...
    Uno Minda to invest USD4.4 million in Toyoda Gosei Minda JV
    Toyoda Gosei Co., Ltd. will transfer its all shares in Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), a joint venture (JV) between Uno Minda and Toyoda Gosei (TG), in 2020, the Japanese supplier said in a press release on 2 April. To this end, Minda Industr...
    02-Apr-2020 News Investments
    COVID-19 pandemic: Bharat Forge, Rico Auto extends operations suspensions in India until 14 April
    Two Indian suppliers Bharat Forge and Rico Auto have announced extension of suspension of production activities in India until 14 April due to the coronavirus disease 2019 (COVID-19) pandemic, according to their regulatory filings on 31 March. Bharat Forge had announced on 23 March about producti...
    02-Apr-2020 News COVID-19
    COVID-19 pandemic: Magna suspends operations at Slovenian paint shop
    Magna International has suspended operations at its Slovenian paint factory. The Slovenian paint factory will remain closed for two weeks due to the coronavirus disease 2019 (COVID-19) pandemic, according to a report by SeeNews on 1 April. The company had earlier planned to restart production in the...
    02-Apr-2020 News COVID-19
    Henkel develops new solutions for printed electronics
    Henkel has developed a new conductive carbon-ink ‘Loctite ECI 7007’ for printed electronics used in several industries including automotive, the company announced in a press release on 31 March. The stretchable Loctite conductive inks are able to be processed into the surface of an automotive in...
    01-Apr-2020 News New Products
    BMW uses blockchain technology to drive greater transparency in supply chain
    BMW is using blockchain technology in purchasing to ensure the traceability of components and raw materials in multistage international supply chains, a company press release on 31 March read. The BMW Group initiated the ‘PartChain’ project to ensure traceability of components at the push of ...
    COVID-19 pandemic: AD Plastik suspends production at two Russian plants
    Croatian manufacturer of plastic products for the automotive industry AD Plastik is temporarily closing its two production plants in Russia due to the coronavirus disease 2019 (COVID-19) pandemic, according to a press release on 30 March. "We hereby inform the investment public that the decision ...
    01-Apr-2020 News COVID-19
    COVID-19 pandemic: Air Liquide, PSA, Schneider Electric, Valeo set up task force for production of respirators
    Respirator maker Air Liquids has teamed up with auto parts manufacturer Valeo, automaker PSA, and electrical equipment company Schneider Electric, to produce some 10,000 respirators in 50 days, between the beginning of April and mid-May, to help coronavirus disease 2019 (COVID-19) patients, Val...
    01-Apr-2020 News COVID-19
    Leather expected to see increasing competition from synthetic alternatives in automotive interior segment
    Sustainability is no more just a tool for automakers to meet the government’s regulations and policies. Sustainability is now a necessity to be able to meet the changing lifestyle choices and eco-friendly preferences of customers. An increasing number of car buyers want their purchase to have the ...
    COVID-19 pandemic: Johnson Matthey to close all Clean Air plants outside mainland China
    Johnson Matthey has announced that it will close all Clean Air plants operating outside China due to coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 30 March. For the fiscal year ending 31 March 2020, Johnson Matthey expects an impact of around GBP50 million (US...
    31-Mar-2020 News COVID-19
    COVID-19 pandemic: Recticel temporarily closes European facilities
    Recticel has suspended its automotive activities in Europe as most European OEMs have shut down their assembly plants in response to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 27 March. In other business segments, customer demand has been rapidly fallin...
    31-Mar-2020 News COVID-19
    Ube Industries to acquire compound manufacturer Premium Composite Technology North America
    Japan-based Ube Industries has announced its decision to acquire Premium Composite Technology North America, Inc. (PCTNA), a consolidated subsidiary of Toyota Tsusho Corporation, according to a company press release on 23 March. Ube Industries and Toyota Tsusho entered into a share transfer agreemen...
    COVID-19 pandemic: Automotive Stampings and Assemblies suspends all production activities in India
    Automotive Stampings and Assemblies Limited has announced that the company is suspending all production activities in India until further notice to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a BSE filing by the company on 27 March. “The duration of this sh...
    31-Mar-2020 News COVID-19
    COVID-19 pandemic: Indian automotive suppliers’ association ACMA seeks government relief
    The Automotive Component Manufacturers’ Association of India (ACMA) has sought relief measures for the local auto component industry to withstand the impact of the coronavirus disease 2019 (COVID-19), the association said in a press release on 27 March. According to the association, which has...
    30-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 30 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Rico Auto, Hi-Tech Gears, Sandhar, Exide Industries closes production at Indian facilities
    Several automotive suppliers in India have announced suspension of manufacturing operations at their production facilities to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic. In a regulatory filing, Sandhar Technologies has announced suspension of manufacturing operations at i...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: Magna, Linamar, Martinrea join forces to build ventilators in Canada
    Canadian auto parts suppliers Magna, Linamar, and Martinrea, alongside the Automotive Parts Manufacturers Association (APMA) and the province of Ontario have joined forces to build ventilators to treat the coronavirus disease 2019 (COVID-19) pandemic in Canada, according to a press release on 27 Mar...
    30-Mar-2020 News COVID-19
    EDAG develops new aluminum alloy for 3D printing
    EDAG has developed a new aluminum alloy that is suitable for use in 3D printed components for cars, the company announced in a press release on 17 March. The alloy is able to provide both higher strengths and higher elongations at break, the latter being especially important...
    30-Mar-2020 News New Products
    COVID-19 pandemic: Faurecia closes large number of European facilities
    Faurecia has announced temporary closures of a “large number of its production sites” in Europe as well as in North and South America, to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 27 March 2020. “We are going through an u...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: Umicore temporarily shuts down plant outside Asia
    Umicore has decided to close most of its catalyst production capacity outside Asia, according to a company press release on 26 March. Umicore said that it will resort to temporary unemployment where applicable. The downtime is expected to continue until automotive OEMs restart production again. ...
    30-Mar-2020 News COVID-19
    COVID-19 Pandemic Impact on Automotive Suppliers - IHS Markit Survey
    Click the link above to download the survey report.
    29-Mar-2020 Insights COVID-19
    COVID-19 pandemic: Bekaert says plant shutdowns to significantly impact first-half 2020 results
    Bekaert has announced that plant shutdowns and a slump in demand owing to the coronavirus disease 2019 (COVID-19) pandemic will significantly weigh on its first-half financial results of fiscal 2020, a company press release on 26 March read. The company will update its forecast on 13 May. Be...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Rehau suspends production at plant in UK
    REHAU has announced that it has temporarily suspended all production at its plant in Blaenau Ffestiniog in Wales, UK, according to a notice on the company website. Rehau has also closed down its head office in Ross-on-Wye. Production is expected to remain suspended until the government advises it is...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Brose to stop operations at most European locations from today
    Brose has announced that it is stopping work at most of its European plants to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 26 March. The company’s executive management reached agreements with work councils to stop production at all...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Plant closures by OEMs, suppliers in India will lead to loss of USD300 million in revenue per day, says industry body
    The Society of Indian Automobile Manufacturers (SIAM) has said that plant closures by OEMs and suppliers in India, due to the coronavirus disease 2019 (COVID-19) pandemic, will lead to a loss of INR23 billion (USD302 million) in revenue per day, reported Economic Times daily citing Press Trust ...
    26-Mar-2020 News COVID-19
    SDK Group develops new packaging material for EV lithium-ion batteries
    Showa Denko Packaging Co., Ltd. (SPA), a consolidated subsidiary of Showa Denko K.K. (SDK), has developed a new packaging material for electric vehicle (EV) lithium-ion batteries (LIB), according to a company press release on 18 March. The company plans to start production of the new product in Marc...
    26-Mar-2020 News New Products
    COVID-19 pandemic: Grupo Antolin begins production of protective masks, medical gowns
    Grupo Antolin has launched several initiatives to begin production of medical equipment and address the shortage of protective equipment in Spanish hospitals amid sharp increase in coronavirus disease 2019 (COVID-19) confirmed cases in the country, the Spain-based automotive supplier said in a press...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Mahindra CIE, Sundaram Clayton suspend operations in India
    Indian automotive components supplier Mahindra CIE and Sundaram Clayton have announced operation suspensions in the country due to the coronavirus disease 2019 (COVID-19) pandemic.   Mahindra CIE and units including Aurangabad Electricals has suspended operations at all the manufacturing uni...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Axalta withdraws FY 2020 financial outlook
    Axalta Coating Systems Ltd. has provided an update regarding the impact of the coronavirus disease 2019 (COVID-19) pandemic on its business and actions. According to a company press release on 24 March 2020, Axalta is withdrawing its previous financial guidance for 2020, which did not reflect the im...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Plastic Omnium to gradually suspend production in Europe, Americas
    Plastic Omnium is suspending production in Europe and the Americas in response to the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 24 March. The company’s European plants have been gradually shut down since mid-March, based on its automotive customers...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Automotive suppliers in India suspend manufacturing operations
    Several automotive suppliers in India have announced suspension of manufacturing operations at their production facilities to prevent spread of coronavirus disease 2019 (COVID-19) pandemic, Mint reported on 23 March. In a regulatory filing, Minda Corporation said that it is suspending manufacturing ...
    24-Mar-2020 News COVID-19
    Toyoda Gosei appoints new chairman, president
    Toyoda Gosei Co., Ltd. has appointed Naoki Miyazaki as the new chairman of the company and Toru Koyama as the new president, according to a company press release on 23 March. Miyazaki is currently serving as president, while Koyama is currently serving as executive vice president. The company said t...
    COVID-19 pandemic: Martinrea withdraws financial guidance
    Martinrea International Inc. has announced that the company is withdrawing its financial guidance for the first quarter of 2020 as well as its 2021 outlook amid the uncertainty regarding the duration and business impact owing to the coronavirus disease 2019 (COVID-19) pandemic, according to a compan...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Saint-Gobain restarts operations at plants in China
    Saint-Gobain has announced that it has resumed operations at all of its plants in China, following an improved situation regarding the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 23 March. Significance: The company decided to resume operations in China fo...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli temporarily suspends operations at several North American facility
    Marelli has announced a temporary suspension of production at several of its North American facilities in response to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, which is resulting in lower demand and supply chain bottlenecks, according to a company press release on 23 Marc...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: ElringKlinger reduces production at Europe, North America, India, Brazil
    ElringKlinger, the auto parts supplier based out of Dettingen an der Erms, Germany, has announced that it will be cutting its manufacturing operations across multiple locations, as a fallout of the coronavirus disease 2019 (COVID-19) pandemic. In a press statement issued on 23 March, the automoti...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Continental, Plastic Omnium to halt production in Europe
    Continental has announced the suspension of production in Europe due to lowered demand, supply chain bottlenecks, and protection of employees as the coronavirus disease 2019 (COVID-19) pandemic spreads throughout the continent. According to a report by Automotive News Europe, Germany-based Continent...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Autoneum curtails production at plants across various regions
    Autoneum has announced that it will cut production at several plants across various regions due to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 23 March. The company has decided a set of measures to increase the flexibility of personnel and material ...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Minda Industries suspends production in many Indian states
    Minda Industries has decided to suspend the manufacturing operations in Northern India, Rajasthan, and Maharashtra till further notice, the company said in a press release on 22 March. Following government directives and OEMs announcing production closure due to the coronavirus disease 2019 (COVID-1...
    23-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 23 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Norsk Hydro curtails production across various regions
    Norsk Hydro has announced that it is reducing and halting production at some sites to meet changes in demand, while implementing firm actions to protect people and business, according to a company press release on 19 March. Norsk Hydro said that reducing or halting production at plants may lead to t...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Denso, Ficosa, Teksid temporarily close plants in Italy
    Japanese auto parts supplier Denso closed its car air-conditioning systems manufacturing plant in Poirino, Italy, from 13 March to 16 March after its two employees were tested positive for the coronavirus disease 2019 (COVID-19) virus, La Stampa reported last week.     La Stampa al...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli to temporarily halt manufacturing at majority of European plants
    Marelli has decided to temporarily suspend operations at the majority of its production facilities in Europe for the next week in response to the sharp increase in infection and deaths due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 19 March. “I...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Constellium announces plan to reduce or suspend production
    Constellium announced that it will reduce or suspend activities at certain manufacturing sites in recognition of the disruption caused by the coronavirus disease 2019 (COVID-19) pandemic, the Netherlands–based company said in a press release on 19 March 2020. Constellium said the company’s “fi...
    20-Mar-2020 News COVID-19
    NSK develops ultra-high-speed ball bearing for EV motors
    Japan-based NSK has developed a new ultra-high-speed bearing ideal for electric vehicles (EV), including battery electric, hybrid, and other new energy vehicles, the company announced in a press release on 18 March. The new bearing enables electric motors to operate at higher speeds, improving fuel ...
    19-Mar-2020 News New Products
    REGULATION: NHTSA issues proposal to modernize occupant safety standards for vehicles without manual controls
    The United States Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has issued a proposal to modernize several Federal Motor Vehicle Safety Standards (FMVSS) in automated vehicles that do not have manual controls such as steering wheels and brake pedals, the US-...
    Volkswagen to increase use in nickel in EV batteries
    Volkswagen (VW) is reportedly planning to increase the use of nickel in its electric vehicle (EV) battery cells. According to a Reuters report on 17 March, the automaker will raise the amount of nickel in EV battery cells from the current 65% to 80% in the next year, Frank Blome, head of Batter...
    18-Mar-2020 News Investments
    Porsche develops new 3D-printing technology for seats
    Porsche has developed a new 3D-printing technology for manufacturing bucket seats, the company announced in a press release on 17 March. In the new concept “3D-printed bodyform full-bucket seat”, the central section of the seat, (the seat and backrest cushions) is partly produced by a ...
    18-Mar-2020 News New Products
    AutoTechInsight Weekly – 16 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Auto suppliers in Hubei province resuming production in orderly manner, says minister
    According to a report filed by news agency Reuters on 13 March, the vice minister of the Ministry of Industry and Information Technology of China, Xin Guobin, has stated that automotive components and parts manufacturers based in the Hubei province are resuming manufacturing operations in an orderly...
    16-Mar-2020 News COVID-19
    COVID-19 pandemic: Disruption in auto parts import from China to affect vehicle production in India, says industry association
    According to a press statement issued by the Society of Indian Automobile Manufacturers (SIAM) on 11 March, Rajan Wadhera, the president of SIAM, stated that automotive manufacturers in India import roughly 10 percent of the raw materials that are required for manufacturing processes from China. ...
    16-Mar-2020 News COVID-19
    LANXESS appoints Frederique van Baarle head of High Performance Materials business
    German specialty chemicals company LANXESS has appointed Frederique van Baarle as the new head of the High Performance Materials business unit with effect from 1 June 2020, according to a press release on 11 March. Baarlen will succeed Michael Zobel, who will take over as head of the LANXESS&nb...
    Toyota develops new paint atomizer with over 95% coating efficiency
    Toyota Motor has developed a new type of paint atomizer—airless paint atomizer—that uses static electricity in place of air, to replace the conventional air paint atomizers used in the vehicle body painting process, according to a press release by the automaker on 12 March 2020. Toyota claims th...
    12-Mar-2020 News New Products
    BASF launches Tri-Metal Catalyst for catalytic converters in light-duty gasoline vehicles
    BASF has tested and launched a new Tri-Metal Catalyst technology for use in catalytic converters in light-duty gasoline vehicles, the company announced in a press release on 10 March. Developed in collaboration with Sibanye-Stillwater and Impala Platinum, the technology is expected to enable a parti...
    12-Mar-2020 News New Products
    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 t...
    Novelis establishes aluminum recycling system in Germany for automotive industry
    Novelis has set up a new aluminum recycling system with one of its automotive customers in Lower Bavaria, Germany, the company announced in a press release on 2 March. "Sustainability is at the core of our business, and that is also true for many of our customers, which is why we are partnering to c...
    Novelis to divest Aleris’ Kentucky plant for planned acquisition of Aleris
    The US Department of Justice (DOJ) has announced a decision that clears the way for Novelis Inc.'s proposed acquisition of Aleris Corp., according to separate press releases from DOJ and Novelis on 9 March. The decision requires Novelis to sell Aleris' entire aluminum auto body sheet opera...
    Freudenberg Sealing Technologies develops DIAvent battery sealing technology
    German auto components supplier Freudenberg Sealing Technologies has developed a new battery sealing technology, according to a press statement released by the company on 10 March. The company states that this new technology, referred to as DIAvent, provides pressure compensation during normal opera...
    11-Mar-2020 News New Products
    COVID-19 outbreak: IHS Markit expects supply chain issues to improve in China from end March
    Extended closures of automotive suppliers’ facilities in mainland China, which have taken place since the Lunar New Year annual holidays in the second half of January to prevent the spread of the coronavirus disease 2019 (COVID-19), have severely affected the global supply chain. Some ci...
    10-Mar-2020 Insights COVID-19
    BASF and Hengst develop reusable spin-on oil filter
    BASF and Hengst have developed a reusable plastic spin-on oil filter module known as 'Blue.on' for vehicles, BASF announced in a press release on 4 March. The companies claim that the new product is the world’s first reusable plastic spin-on oil filter module for cars. It is made from Ultrami...
    10-Mar-2020 News New Products
    SEAT partners with Eyesight Technologies for driver monitoring system
    SEAT has announced a collaboration with Eyesight Technologies to develop driver monitoring systems, a company press release from February showed. The advanced technology studies a driver’s eyes and head movement to detect if they’re falling asleep or distracted. It has also tied up with Israe...
    AutoTechInsight Weekly – 9 March 2020
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    Martinrea’s net income declines 2.5% y/y to USD138.2 million
    Canada-based automotive components supplier Martinrea has posted its financial results for the fourth quarter of 2019 and full fiscal year 2019. According to a press statement released by the company dated 5 March, the company’s net income for the fiscal year of 2019 period stands at CAD181.22 mil...
    Henkel's sales grow 1.1% y/y to USD22.4 billion in 2019
    Henkel has reported a growth of 1.1% in its net sales to EUR20.1 billion (USD22.4 billion) during the full year ended 31 December 2019, according to a company press release on 5 March. Adjusted net income after deducting noncontrolling interests fell 9.6% y/y to EUR2.3 billion in the 12-month period...
    Adient enters agreement to sell fabric business to Sage Automotive
    Adient has entered into a definitive agreement to sell its automotive fabric business, including its lamination business, to Sage Automotive Interiors for USD175 million, the company said in a press release on 5 March. The planned sale include 11 facilities, mainly in Europe, with 1,300 employees. A...
    Tenneco develops new wear-resistant material for engine applications
    American components supplier Tenneco Powertrain, the new powertrain-based business group of Tenneco Inc., announced that it has developed a new material that includes a greatly reduced amount of cobalt. According to a press release dated 4 March, this new material makes use of an alternative sintere...
    05-Mar-2020 News New Products
    Polyplastics develops new Duranex PBT grade for high-voltage automotive applications
    Polyplastics has developed a new DURANEX polybutylene terephthalate (PBT) grade for high-voltage automotive applications, the company announced in a press release on 3 March. Polyplastics said that DURANEX (R) PBT CG7030 is a 30% glass-filled grade, which also delivers strong dimensional stability, ...
    04-Mar-2020 News New Products
    Henkel, Covestro partner to develop new adhesive solution for EV battery cells
    Henkel and Covestro have jointly developed a new adhesive solution for a cylindrical lithium-ion cell assembly, Henkel announced in a press release on 2 March. The solution is based on a UV-curing adhesive from Henkel and a UV-transparent polycarbonate blend from Covestro. High-volume manufacturi...
    03-Mar-2020 News New Products
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