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    COVID-19 pandemic: Faurecia to lay off 450 workers in Portugal
    Faurecia is gearing up to lay off 450 temporary contractors at two of its plants in São João da Madeira, Portugal, in response to novel coronavirus (COVID-19) pandemic, local publication Expresso reported on 8 April. Faurecia Moldados employs around 1,200 workers, while Faurecia Metal has 900 work...
    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...
    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
    Nissan recalls 216,678 vehicles in US over defective airbags
    Nissan North America, Inc. is recalling 216,678 vehicles in the United States over defective airbags, according to a recall notice on the website of the National Highway and Transport Safety Authority (NHTSA) on 30 March. The recall covers certain model year (MY) 2012–17 NV Cargo and NV Passenger ...
    07-Apr-2020 News Recalls
    TS Tech supplies lightweight seat for new Honda Fit in Japan
    Japanese interior parts supplier TS Tech has developed a lightweight seat for the new Honda FIT in Japan, according to a company press release on 1 April. The next generation seat frame uses ultra-high-tensile steel and weight reduction technologies such as thin-plate welding technology. TS Tech cla...
    Suppliers expect adoption of interior surface lighting to increase over next three to seven years
    Interior surface lighting is where “light meets surface”, and this is achieved by concealing lighting behind a layer of fabric within the surfaces of a vehicle’s passenger compartment. According to IHS Markit research, vehicle buyers nowadays prefer vehicle exteriors with hidden or concealed l...
    AutoTechInsight Weekly – 6 April 2020
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    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: 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
    Interior parts supplier Hayashi Telempu North America to expand US plant
    US-based Interior parts supplier Hayashi Telempu North America (HTNA) has announced plans to expand its operations in Walker County in the US state Texas, according to a press release on 16 March on the official website of Alabama Department of Commerce. To this end, the company plans to invest USD7...
    03-Apr-2020 News Investments
    COVID-19 pandemic: Autoliv suspends operations at plants in Europe, America, India, Malaysia, Philippines
    Autoliv has suspended manufacturing operations at almost all of its plants in Europe, North and South America, India, Malaysia, and the Philippines due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 2 April. According to the Swedish supplier, the producti...
    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
    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
    Valmet Automotive FY 2019 sales declines 2% y/y to USD730 million
    Valmet Automotive’s sales declined 2% year over year (y/y) to EUR651.5 million (USD730 million) in the financial year ended 31 December 2019, the company said in a press release on 31 March. Despite marginal decline in sales, the company recorded 39% y/y increase in group EBITDA to EUR78.8 million...
    Škoda’s new Octavia, Karoq, Kodiaq, Superb, feature Climatronic Air Care System
    Škoda’s new Octavia, Karoq, Kodiaq, and Superb models feature ‘Climatronic Air Care System,’ which monitors the air quality in the vehicle, detects increased pollen or fine dust concentrations, and responds automatically, the automaker said in a press release on 31 March. The system is availa...
    01-Apr-2020 News New Products
    Yanfeng Automotive partners with SemsoTec to develop in-vehicle HMI solutions
    Yanfeng Automotive and SemsoTec, a firm specializing in displays and control units, have signed a memorandum of understanding (MOU) for collaboration in display and sensor technologies, components, and products for automotive applications, according to a Yanfeng press release on 26 March. “Sems...
    01-Apr-2020 News New Products
    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
    COVID-19 pandemic: Kostal suspends production at plant in Bulgaria
    German automotive supplier Kostal has suspended production at its plant in Pazardzhik, Bulgaria, as orders from automotive customers fell sharply amid the coronavirus disease 2019 (COVID-19) pandemic, local media website Dnevnik.bg reported. As of 30 March, the company has 2,000 employees working at...
    01-Apr-2020 News COVID-19
    Seat assembly suppliers face challenging times ahead
    Demand for complete seat assembly is directly related to global light vehicle production. According to IHS Markit data, demand in the global complete seat assembly market declined by 5% year on year (y/y) in 2019, to 269.9 million units, in line with the 5.6% y/y decline in light vehicle production,...
    Leoni’s full year 2019 revenue falls 5% to USD5.43 billion
    Leoni posted a 5% year-on-year (y/y) fall in full year 2019 revenue, according to a company press release on 30 March. While revenue came in at EUR4.85 billion (USD5.43 billion), it posted a consolidated net loss of EUR435 million, compared to a profit of EUR73 million in the full year ended 31...
    COVID-19 pandemic: Lear adds capacity to produce protective masks
    Lear has expanded protective masks production capacity at its AccuMED’s production facility in Mocksville, North Carolina, United States, to fight the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 30 March. The US-based automotive supplier donat...
    31-Mar-2020 News COVID-19
    COVID-19 pandemic: Stoneridge withdraws FY 2020 financial guidance
    Stoneridge has withdrawn its full year 2020 financial guidance due to uncertainty over demand created by the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 30 March. In 2019, 41% of sales were to automotive customers, 33% to commercial vehicle customers, 18% ...
    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
    BMW recalls 3,300 vehicles in US over issue with front seatbelt buckles
    BMW is recalling approximately 3,300 vehicles in the United States over an issue with front seatbelt buckles, according to a recall notice on the website of the National Highway and Transport Safety Authority (NHTSA). The recall affects certain model year (MY) 2020 BMW X3, X3 M, X4 and X4 M SUVs; 3 ...
    31-Mar-2020 News Recalls
    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
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    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
    Grammer 2019 profit after tax up 87.5% y/y to USD48.7 million
    Grammer has confirmed its previously announced preliminary results for the financial year (FY) ended 31 December 2019, the company said in a press release on 30 March. The Germany-based automotive interior supplier’s profit after tax increased 87.5% year over year (y/y) to EUR43.5 million (USD48.7...
    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: Lear withdraws guidance for financial year 2020
    Owing to the prevailing coronavirus disease 2019 (COVID-19) pandemic, Lear has withdrawn its guidance for the financial year 2020, the company announced in a press release on 26 March. The company will provide more information in its first-quarter 2020 earnings call. Lear has also announced sever...
    27-Mar-2020 News COVID-19
    Hyundai Mobis develops roof airbag
    Hyundai Mobis has developed a new roof airbag, which it claims to be the world’s first roof airbag, according to a company press release on 26 March. According to the company, the new roof airbag is deployed under the surface side of the vehicle in a rollover accident, covering the entire roof in ...
    27-Mar-2020 News New Products
    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: Marelli to extend temporary plant closures in Europe until 3 April
    Marelli has extended the suspension of production activities in the majority of its European plants for next week, until 3 April, to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 26 March. “This measure is related to all Europea...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Adient outlines measures to counter business uncertainty
    Adient is taking several measures in response to the coronavirus disease 2019 (COVID-19) pandemic to protect its people and business, CEO Doug Del Grosso said in a letter posted on the company’s website. “As the pandemic spreads around the world, the automotive industry is among those being impa...
    26-Mar-2020 News COVID-19
    Ford recalls approximately 248,900 vehicles in US over side door latch issue
    Ford is recalling approximately 248,900 vehicles in the US over an issue with side door latches, according to a recall notice on the website of the National Highway and Transport Safety Authority (NHTSA). The recall affects certain MY 2014–15 Ford Fiesta hatchbacks and sedans, and MY 201...
    26-Mar-2020 News Recalls
    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: 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: 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
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    COVID-19 pandemic: ZF suspends operations in Europe, North America
    Major German auto parts supplier ZF Friedrichshafen announced that the company is suspending many operations in Europe and North America over the coming days due to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a statement from Wolf-Henning Scheider, CEO of ...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Adient suspends FY 2020 outlook
    Adient has suspended its financial guidance for the current financial year (FY) ending 30 September 2020 citing unprecedented global economic uncertainty caused by the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release. The automotive seating supplier will provide a bu...
    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: Autoliv to adjust production, take cost reduction actions
    Autoliv is proactively taking measures to minimize any consequences for customers and mitigate the impact of the novel coronavirus disease 2019 (COVID-19) pandemic on the company, the Swedish supplier of vehicle safety systems said in a press release on 19 March 2020. In response to this, Autoliv is...
    19-Mar-2020 News COVID-19
    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-...
    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
    Commercial Vehicle Group’s FY 2019 net income falls 62% y/y to USD15.8 million
    Commercial Vehicle Group (CVG) has reported a drop of 62% year on year (y/y) in net income to USD15.8 million for the fiscal year ended 31 December 2019, according to a company press release on 17 March. The company recorded a marginal growth of 0.3% y/y in revenues to USD901.2 million. CVG reported...
    Heated steering wheels to become more prevalent in mass-market vehicles
    Automobiles are no longer seen as luxuries, and passenger cabin comfort is no different. Car buyers all over the globe are ready to spend an increasing proportion of their income on vehicles, which is leading to greater acceptance of features that were once relegated only to luxury and high-end cars...
    AutoTechInsight Weekly – 16 March 2020
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    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
    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...
    Marelli to relocate North American headquarters to Southfield, US
    Marelli will relocate its North American headquarters to Southfield, Michigan, US, according to a press release on 9 March 2020. To this end, the company has signed a multiyear lease and will occupy nearly 200,000 square feet of the brownfield site in Southfield, with room to grow. The three-story b...
    Elmos develops CMOS-based 3D ToF imager for object and gesture recognition in vehicles
    Elmos Semiconductor has developed a CMOS-based 3D time of flight (ToF) imager for applications in the vehicle interior and exterior, the company said in a press release on 10 March. The E527.31 has a normal operating mode and a sleep mode to reduce power consumption. Applications in the inte...
    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
    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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    Audi recalls 383 vehicles in US over defective airbags
    Audi has issued a recall of 383 vehicles in the US over defective airbags, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website on 19 February. The recall covers certain model year (MY) 2019 Audi Q7 vehicles. The recall is expected to begin 19 April 202...
    09-Mar-2020 News Recalls
    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...
    Continental’s sales up marginally to USD60.7 billion in 2019
    Continental has reported a marginal growth of 0.2% year on year (y/y) in its sales to EUR44.4 billion (USD60.7 billion) for the full year ended 31 December 2019, according to a company press release on 5 March. However, during the full year, Continental recorded a net loss of EUR1.2 billion as compa...
    Global demand for auto-dimming interior mirrors is forecast to see robust growth
    The interior rearview mirror (IRVM) has been an integral part of a vehicle’s cabin for more than 100 years. An IRVM helps the driver to not only keep an eye on the vehicles at the back, but also helps in the key maneuvering of reversing and parking. Such a mirror can be either manual (prismatic) o...
    FoamPartner develops acoustic and thermal insulation for Rinspeed’s MetroSnap concept car
    FoamPartner has developed an acoustic and thermal insulation for Rinspeed’s MetroSnap concept car, according to a company press release on 2 March 2020. Rinspeed teamed up with FoamPartner to maximize the electric vehicle (EV) driving experience provided by its latest MetroSnap modular concept car...
    04-Mar-2020 News New Products
    COVID-19 impact: Grammer predicts significant decrease in revenues for first quarter
    Grammer has forecast a significant decline in its revenue and earnings in the first quarter ending 31 March 2020 due to the novel coronavirus disease (COVID-19) outbreak in China, the Germany-based automotive supplier said in a press release today (3 March). According to the company, the outbreak ha...
    03-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 02 March 2020
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    COVID-19 outbreak: Yanfeng Adient Seating expects to return to full production in China by mid-March
    Yanfeng Adient Seating, a joint venture (JV) of Adient and Yanfeng Automotive Trims in China, expects to resume full production at its plants in the country by the middle of this month, Yicai Global reported on 26 February citing a senior executive from the JV. The company’s plants in China resume...
    02-Mar-2020 News COVID-19
    COVID-19 outbreak: Geneva International Motor Show is cancelled
    The 90th edition of the Geneva International Motor Show (GIMS), which was scheduled to be held from 5–15 March 2020 at Geneva, Switzerland, has been canceled due to confirmed cases of coronavirus (COVID-19) in Switzerland. In a press release issued on 28 February, the organizers of the eve...
    02-Mar-2020 News COVID-19
    Kongsberg Automotive FY2019 revenue climbs by 3.4% y/y to USD1.28 billion
    Norwegian auto components supplier Kongsberg Automotive has reported that its revenue for the FY2019 period has risen to EUR1.16 billion (approximately USD1.28 billion). This represents an increase of nearly 3.4% from the revenue of EUR1.12 billion garnered by the company, which is headquartered in ...
    Mercedes-Benz plans recalls over 11,166 vehicles in China over faulty front seat belt knuckle
    Mercedes-Benz is recalling 11,166 vehicles in China over faulty front seat belt buckles, according to the recall plan filed with China’s State Administration for Market Regulation. The recall includes certain C-Class, E-Class, G-Class, CLS-Class, GLC SUV, and AMG GT vehicles imported between 2 Jun...
    28-Feb-2020 News Recalls
    Stoneridge’s FY 2019 net income up 12% y/y to USD60.3 million
    Stoneridge’s net income grew 12% year over year (y/y) to USD60.3 million in the fiscal year ended 31 December 2019, the US-based automotive electrical and electronics supplier said in a press release on 26 February. Net sales for the year declined 3.6% y/y to USD834.3 billion, while operating inco...
    INVESTMENT: Brose invests in new manufacturing, development, IT center in India
    Brose has officially opened a new campus in Hinjewadi near Pune in Maharashtra, India, the company said in a press release on 26 February. The Germany-based automotive supplier is investing EUR3.2 million (USD3.48 million) in the new 175,000-square-feet site that will serve as its new headquarters, ...
    28-Feb-2020 News Investments
    Toyota Boshoku develops advance seats for new Toyota Yaris
    Toyota Boshoku has developed advanced seats for the new Toyota Yaris hatchback in Japan, the company said in a press release on 27 February. The company’s new seat features ‘Driver’s Easy Return Seat’ function. According to Toyota Boshoku, the new mechanism memorizes the driver’s preferred...
    28-Feb-2020 News New Products
    Geneva Motor Show 2020: Polestar to showcase all-electric concept 'Precept'
    Polestar is set to showcase its all-electric 4-door grand tourer concept ‘Precept’ at the 2020 Geneva Motor Show in Switzerland next month, the company announced in a press release on 25 February. Polestar said that the Precept is a vision of the company’s future vehicle aspirations and unique...
    26-Feb-2020 News New Products
    Audi develops new seat fabric using PET bottles
    Audi has developed a new seat fabric made out of PET bottles, the company announced in a press release on 25 February. Audi is now offering seat upholstery made from recycled material for the first time in the new A3. “The lower layer of woven material, which is connected to the upper material wit...
    26-Feb-2020 News New Products
    AutoTechInsight Weekly – 24 February 2020
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    Autoliv recommends measures to improve road safety in India
    Autoliv has released a series of recommendations to improve road safety in India, according to a company press release on 18 February. The Sweden-based safety systems supplier developed these recommendations in cooperation with the Indian government, local authority, and other stakeholders. Autoliv ...
    Lumax Industries’ Q3 net profit down 61.1% y/y to USD2.6 million
    Lumax Industries has reported a 61.1% year-on-year (y/y) decline in net profit to INR188.9 million (USD2.6 million) for the third quarter ended 31 December 2019, according to a company regulatory filing in early February. Profit before tax for the period was also down by 59.4% y/y to INR251.9 millio...
    Volvo Cars supports wider emerging market seat belt regulation
    Volvo Cars has called on governments and regulators around the world to address what the company calls “a large inequality in road safety” between developed and developing economies, according to a company’s press release on 19 February. According to World Health Organization data, each year a...
    Toyota recalls 1,037 vehicles in Australia over issue with seat belt reminder system
    Toyota has issued a recall of 1,037 vehicles in Australia over a failure of seatbelt reminder system, according to a recall notice on the Australian Competition and Commission (ACCC) website on 12 February. The recall affects model year (MY) 2015-19 Prius (ZVW50) and Prius V (ZVW40) vehicles. Sig...
    19-Feb-2020 News Recalls
    Solvay develops safer plastic foams for automotive interiors
    Solvay has developed a new plastic foam—Alve-One—for automotive interior applications, according to a company press release on 10 February. The newly developed Alve-One® is a sustainable foaming alternative, entirely inorganic-based formulation. The company claims that it’s a 100% safe, perfo...
    19-Feb-2020 News New Products
    Faurecia 2019 net income drops 15.8% y/y to USD660 million
    Faurecia’s net income declined 15.8% year over year (y/y) to EUR590 million (USD660 million) in the financial year ended 31 March 2019, the company said in a press release on 16 February. Sales increased marginally, by 1.4% y/y to EUR17.7 billion. However, sales decreased by 3% at constant currenc...
    AutoTechInsight Weekly – 17 February 2020
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    Polestar develops new solutions for car interior
    Polestar, the electric performance car brand of Volvo Cars, is exploring the use of innovative materials for the car interior in order to reduce carbon footprint, the company said in a press release on 11 February. Using these innovative materials in its production models in the near future, Polesta...
    14-Feb-2020 News New Products
    Jaguar Land Rover trials ‘morphable’ seat system
    Jaguar Land Rover’s (JLR) Body Interiors Research division is conducting trials of a ‘morphable seat system that continually adjusts to optimize occupants’ wellbeing on a long journey, the automaker said in a press release last month. The shape-shifting seating system uses a series of actuator...
    14-Feb-2020 News New Products
    AutoTechInsight Webinar: Consumer Analysis 2019
    Watch an on-demand replay now Our webinar will provide a summary of the 2019 Automotive Consumer Analysis, tracking the changing automotive lifestyles of today’s consumer. The topics covered include Connected Services & Apps, User Experience, and NEW for 2019, E-Mobility. Taking input fr...
    12-Feb-2020 Insights Webinars
    Suppliers to the new Mercedes Benz GLA
    The second generation Mercedes Benz GLA is assembled at Daimler's facility in Rastatt, Germany. According to IHS Markit production forecasts, output of the new generation Mercedes Benz GLA from the plant is expected to peak in 2021 at over 127,000 units. If you would like your compa...
    Audi recalls 106,800 vehicles in US over defective airbag inflator
    Audi is recalling 106,800 vehicles in the United States over defective airbag inflators, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website. The recall affects model year (MY) 2000–01 Audi TT roadsters, MY 2000 TT coupes, MY 1999 A8 sedans, MY 1998...
    12-Feb-2020 News Recalls
    Motherson Sumi System’s Q3 net profit down 30.4% y/y to USD37.8 million
    Motherson Sumi Systems Limited (MSSL) has reported a 30.4% year-on-year (y/y) decline in consolidated net profit (attributable to owners) to INR2.7 billion (USD37.8 million) for the third quarter ended 31 December 2019, according to a regulatory filing. Revenue from operations in the quarter under r...
    AutoTechInsight Weekly – 10 February 2020
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    LG Electronics supplies in-vehicle P-OLED cockpit for MY2021 Cadillac Escalade
    LG Electronics has said that its P-OLED technology was used in the cockpit for the model year (MY) 2021 Cadillac Escalade SUV, a company press release on 6 February read. The Escalade is the first car to feature P-OLED Digital Cockpit Solution (DCS). It also marks the first-ever use of a curved OLED...
    10-Feb-2020 News New Products
    Airbag technology for autonomous vehicles
    Automotive industry’s focus on active safety technologies―such as antilock-braking system (ABS), electronic stability control (ESC) and traction control system (TCS)―has increased significantly in the past two decades. Automakers are also offering new vehicles with rising number of advanced dr...
    Grammer’s FY2019 revenue up 9% y/y to USD2.2 billion
    Grammer’s full-year revenue crossed EUR2 billion (USD2.23 billion) for the first time in 2019, the Germany-based automotive interior systems supplier said in a press release on 4 February. This represented a year-over-year (y/y) growth of around 9% over 2018. The company reported operating EBIT of...
    Auto Expo 2020 (India): Lumax Industries to showcase range of automotive products
    Lumax Industries will showcase a range of automotive products at the upcoming Auto Expo 2020 in India, Autocar Professional reported on 3 February. The company will exhibit automotive lighting, seat structures and mechanism, integrated plastic modules, electricals and electronics, emission control, ...
    04-Feb-2020 News New Products
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