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    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Autoneum lowers revenue and earnings forecast for 2021
    Autoneum has lowered its revenue and earnings forecast for full year 2021 owing to the significantly reduced market expectations for global light vehicle production, the supplier announced in a press release on 28 October. The company now expects revenue in the second half of 2021 to ...
    Faurecia reports strong sales at USD3.4 billion in Q3
    Faurecia reported total sales of EUR15.5billion and a high organic sales outperformance of more than 600 base points (bps) according to the company’s press release on 26 October. Operating margin of the company was a strong 6.0% to 6.2% of sales. All business groups and regions reported a well-...
    Gentex posts y/y decline in Q3 sales at USD399.6M
    Gentex Corporation reported net sales of almost USD400 million, compared to net sales of USD474.6 million in the third quarter of 2020 on a quarter over quarter (q/q) basis, it said in a press release on 22 October. Operating profit for the third quarter of 2021 was USD88.2 million compare...
    AutoTechInsight Weekly – 25 October 2021
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    Bridgestone to consolidate its seat pad manufacturing in Japan to three plants
    Japanese auto parts manufacturer Bridgestone Corporation announced via press release on 8 October that it will be consolidating its plants for automotive seat pads in Japan as part of its global expense and cost structure review plan. According to the release, Bridgestone will be closing its...
    Faurecia developing “emirror” for active safety
    According to an official press release dated 13 October, Faurecia announced that it is collaborating with new mobility company Human Horizons on an emirror project in China. The emirror solution will be integrated into two new electric vehicle (EV) models, a sedan and a sport utility vehicle (S...
    25-Oct-2021 News New Products
    Magna releases 2021 outlook on declined light vehicle production
    Magna expects total sales for 2021 to be in the range of USD35.4–36.4 billion, compared with USD38.0–39.5 billion, owing to the expected decline in 2021 light vehicle production, it said in a press release on 20 October. “Adjusted EBIT margin is now expected to be in the 5.1% to 5.4%...
    22-Oct-2021 News COVID-19
    Honda Cars India announces launch of antivirus cabin air filter
    According to a press release issued today in India on the 20 of October, Honda Cars will now offer an innovative antivirus cabin air filter in its vehicles that is effective in capturing a wide range of germs, allergens, and even viruses that cause significant health problems. The new cabin ...
    22-Oct-2021 News New Products
    HTT and Bharat Seats sign MoU to explore NVH business vertical
    Hayashi Telempu Thailand (HTT) and Bharat Seats have signed a MoU to develop automotive interior floor carpets, the company said in a statement. The partnership will focus on core areas of vehicle interior noise, vibration, and harshness (NVH) and has created a road map for the next five years ...
    Magna expands in Eastern Europe by setting up new seating plant in Serbia
    Magna has expanded its European footprint by setting up new seating plant in Serbia, it said in a press release on 20 October. The facility is expected to increase workforce from approximately 780 currently to 1,000 employees by end of 2022. “Making this investment reflects the growth in demand fo...
    21-Oct-2021 News Investments
    FoxConn debuts Model E with smart surfaces featuring interactive communication
    Hon Hai Technology Group (Foxconn) debuted three autonomously developed EVs namely the Model C recreational vehicle, the Model E sedan and the Model T electric bus, it said in a press release on 18 October. The Model E, luxury flagship sedan looks to cater to high end consumer clientele through its ...
    20-Oct-2021 News New Products
    Startup MINIEYE debuts in-cabin sensing solution for smart cockpit
    Autonomus driving technology startup MINIEYE has launched the I-CS (In-Cabin Sensing) system and mentioned that it had obtained SOP for over 30 passenger car models, it said in a press release on 30 September. The I-CS includes a driver monitoring system (DMS), an occupancy monitoring system (OMS), ...
    19-Oct-2021 News New Products
    Porsche commercializes 3D-printed bodyform full bucket seat
    Porsche has launched sale of the new 3D-printed bucket seats, the company announced in a press release on 14 October. The seat is available for Porsche models such as Boxster, Cayman, and 911 under Porsche Tequipment. "Seats adapted to individual drivers have been available for a long time in pro...
    18-Oct-2021 News New Products
    AutoTechInsight Weekly – 18 October 2021
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    Continental develops cabin sensing technology for enhanced design and future safety standards
    Continental has developed an integrated solution for interior sensor technology to increase vehicle comfort, it said in a press release on 13 October. The radar sensor technology combines years of know-how expertise on wide areas of interior cameras for human-machine interaction. The system opera...
    14-Oct-2021 News New Products
    Recaro Automotive appoints Nicole McElroy global VP of Product Development and Brand
    Recaro Automotive has appointed Nicole McElroy as Global VP of Product Development and Brand, it said in a press release on 11 October. Nicole’s new role will entail a wide array of responsibilities that include engagement of Global Sales, Marketing, Program Management and Product Engineering team...
    Hyundai files patent for advanced steering wheel module
    According to CarBuzz, Hyundai Motor has a filed a patent for a center placed steering wheel module, it said in a press release on 30 September. The Korean automaker is looking to redefine automotive interior by jumping into the future mobility bandwagon. Hyundai has filed patent in Germany for th...
    13-Oct-2021 News New Products
    Recticel announces plan to sell Engineered Foams business
    Recticel has decided to dispose the Engineered Foams business, it said in a press release on 11 October. The decision comes with due consideration from the Board of Directors and Stakeholders to explore an independent Recticel without the Engineered Foams Business arm. The transaction depicts the...
    Hyundai Mobis develops foldable steering system
    Hyundai Mobis has developed a next generation foldable steering system that can move back and forth by up to 25cm, it said in a press release on 11 October. The steering system can fold and unfold thereby creating more space within the cabin aligning with flexible future mobility vehicles. To ens...
    12-Oct-2021 News New Products
    Apple developing technology to allow users control many vehicle interior features through iPhone
    Apple is developing technology that will allow users to control more features in vehicle interiors, including climate-control system and seat adjustments,  through iPhone, Bloomberg reported on 7 October citing “people with knowledge of the effort”. The project, called “IronHeart” inter...
    11-Oct-2021 News New Products
    AutoTechInsight Weekly –11 October 2021
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    Grammer AG opens new production plant in Shenyang, mainland China
    Supplier of automotive interior components Grammer AG has opened a new production plant on 28 September in the economic metropolis of Shenyang, mainland China, the company said in a press release on 29 September. The new plant will manufacture high-quality center consoles, armrests, and othe...
    Faraday Future selects Draexlmaier Group for interior consoles of FF 91
    Faraday Future Intelligent Electric announced Draexlmaier Group as the lead interior consoles supplier for the flagship FF 91 vehicle in an official press release dated 7 October. The FF 91 front and rear centre consoles will be supplied by Draexlmaier. The consoles will include iPad storage, dua...
    Startup BreezoMeter to offer intelligence for better in-cabin air quality in Volvo Cars
    BreezoMeter has partnered with Volvo Cars to offer car passengers protection from outdoor pollution through real-time updates about their exposure to hazardous air quality, the startup said in a press release on 7 October. The company delivers micro-local environmental intelligence (within 5 m of th...
    08-Oct-2021 News New Products
    Ambarella builds a Driver Monitoring System with Dongfeng
    Ambarella has built a Driver Monitoring System (DMS) based on the CV25 AI vision SoC and development platform in partnership with Dongfeng Fengshen (Aeolus), it said in a press release on 22 September. The system is used in the Dongfeng Fengshen Yixuan Max sedan. The DMS, also known as a Fatigue ...
    08-Oct-2021 News New Products
    Volvo to recall over 460,000 cars globally due to faulty air bags
    Volvo Cars is recalling 460,769 cars worldwide due to faulty air bags, CNBC reported on 5 October. The issue could prove fatal in the event of a crash. Fragments of the inflator inside the air bag may, in certain cases, project out and or strike the passenger, potentially resulting in serious injury...
    06-Oct-2021 News Recalls
    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    Magna announces termination of merger agreement with Veoneer
    Magna International Inc. today announced that the board of directors of Veoneer, Inc. has determined that the previously announced proposal by Qualcomm Incorporated to acquire Veoneer for USD37 per share is a superior proposal under the terms of the previously announced merger agreement between Magn...
    AutoTechInsight Weekly – 4 October 2021
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    Adient ends JV in China in a strategic plan to drive business independently
    Supplier of automotive seating systems, Adient announced on 30 September that it has ended its Chinese joint venture—Yanfeng Adient Seating Co., Ltd. (YFAS)—with partner Yanfeng Automotive Trim Systems Ltd. (YF) in a strategic plan to drive its business independently in the world’s largest aut...
    Nissan Technical Center North America expands with USD40 million Safety Advancement Lab
    Nissan has expanded its Michigan-based engineering centre, Nissan Technical Center North America (NTCNA), with a more than USD40 million Safety Advancement Lab for vehicle safety testing, according to a press release on Business Wire dated 29 September. The new lab improves vehicle development ...
    01-Oct-2021 News Investments
    Continental restructures business verticals, calls it market-oriented realignment
    German automotive component manufacturer Continental AG announced on 30 September that its Supervisory Board has approved the Group’s restructuring with a focus on market developments and customer requirements. “The Executive Board decided on the organizational changes in September 2021 in vi...
    Steering wheels of the past, present, and future
    Since its inception in 1894, steering wheels have undergone an unending series of innovations. However, there are talks in the industry that they could soon become obsolete with the advent of autonomous vehicles. Today steering wheels have become stylish, thick, often flat-bottomed inspired from rac...
    LEDs and advanced optical technologies driving the development in automotive ambient lighting
    Lighting is becoming the new chrome. It is made possible by use of light-emitting diode (LED) light sources and related optics, which are unlocking new opportunities for design. Light-based applications in cars no longer fulfill only functional tasks, but are also increasingly becoming elementary co...
    HELLA posts 9.6% y/y increase in Q1 sales at USD1.72 billion
    HELLA has reported a 9.6% year-on-year (y/y) increase in sales for the first quarter at EUR1.47 billion (USD1.72 billion), according to a financial filing dated 28 September. Reported earnings before interest and taxes (EBIT) came in at EUR79 million compared to a loss of EUR115 million last year, w...
    Avient launches new TPEs made from recycled car windshields
    US specialty materials provider Avient announced via press release on 19 August that it had launched a new portfolio of TPEs that use recycled content from automotive windshields. According to the release, the new TPEs, part of Avient’s reSound™ R recycled-content thermoplastic elastomers (TP...
    29-Sep-2021 News New Products
    Adient and Covestro partner to develop cardyon®-based vehicle seat cushions
    German chemical company Covestro announced via press release on 22 September that it was partnering with American automotive seating supplier Adient to develop seat cushion foams made using polyol solutions. According to the release, Adient will be integrating cardyon®, a polyol made using ...
    IAV develops new measuring system for scenting vehicle interiors
    According to an official press release dated 20 September, IAV announced that it has developed a method for measuring the scenting of vehicle cabins more precisely and bringing it into series production faster. The tool is applicable to almost all modes of transportation. “The USPs of modern ve...
    28-Sep-2021 News New Products
    Kongsberg Automotive lowers FY 2021 revenue guidance on persisting chip shortage
    Zurich-based Kongsberg Automotive has lowered its guidance on fiscal year (FY) 2021 revenue and adjusted earnings before interest and taxes (EBIT) on persisting industry challenges such as continuing semiconductor shortage along with surging raw material prices, the company said in a press rele...
    Volvo to go leather-free on the interiors of its EV models
    According to an official press release dated 23 September, Volvo plans to discontinue the use of leather and other byproducts derived from the cattle industry in its vehicles. According to the company, the C40 Recharge will be the first model with a completely leather-free interior. Volvo has sta...
    27-Sep-2021 News New Products
    AutoTechInsight Weekly – 27 September 2021
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    Ford recalls select MY2021 Mustang Mach-E models in Canada over issues with glass roof and windshield
    Ford has issued a recall of nearly 5,000 Mustang Mach-E electric vehicles (EVs) in Canada owing to a risk of the glass roof and windshield potentially coming loose and falling off, Electrek reported on 21 September. The American automaker mentioned that it has issued a recall of 1,812 MY2021...
    24-Sep-2021 News Recalls
    ŠKODA Auto develops eco-material for interiors
    According to an official press release dated 22 September ŠKODA AUTO's Technical Development department has developed a sustainable, ecological material and applied for a patent in collaboration with the Technical University of Liberec. Sugar beet pulp is used to create the novel raw material....
    24-Sep-2021 News New Products
    US regulator opens investigation into 30 million vehicles over Takata air bag inflators
    According to an ETAuto press release dated 20 September, US auto safety investigators have opened a new investigation into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, according to a government document seen by Reuters on 19 Septe...
    AutoTechInsight Weekly – 20 September 2021
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    Toyoda Gosei invests USD40 million to boost manufacturing capacity in the US
    Japan-based supplier, Toyoda Gosei Co., Ltd., has announced that it is expanding the production capacity at TG Missouri Corporation, one of its US production subsidiaries, to further develop its production network in the key North American market. The total investment for this purpose will be approx...
    14-Sep-2021 News Investments
    AutoTechInsight Weekly – 13 September 2021
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    Motorola Solutions launches the first In-Car video system enabled by AI
    Motorola Solutions introduced the M500, the first artificial intelligence (AI)-enabled in-car video system for law enforcement, in an official press release dated 8 September. The solution is to equip police vehicles with more powerful capabilities in order to increase awareness and safety while als...
    Antitrust authorities approve JV between Brose and Volkswagen
    According to an official press release issued on 7 September, antitrust authorities have granted all necessary approvals for the planned joint venture (JV) between Brose and Volkswagen, paving the way for the company to begin operations as planned in early 2022. Brose, SITECH aspires to be a global ...
    Gentex acquires Optical Technologies startup Guardian to expand cabin monitoring capabilities
    Gentex announced the acquisition of Guardian Optical Technologies, an Israeli startup that pioneered a unique, multimodal sensor technology designed to provide a comprehensive suite of driver- and cabin-monitoring solutions for the automotive industry, in a press release published on GlobeNewswire o...
    Brose presents concepts for versatile interiors at IAA 2021
    According to official press release dated 6 September, Brose announced that it is showing the functional, flexible, and comfortable vehicle interiors of future vehicle generations under the theme “Smart Comfort Solutions” at the IAA Mobility in Munich from 7–12 September 2021, where it wi...
    08-Sep-2021 News New Products
    BMW to reduce lifecycle carbon emissions using innovative sustainable materials
    Chairman of the Board of Management of BMW AG Oliver Zipse announced at a media event in Munich on the 2 September that BMW Group aims to reduce lifecycle carbon dioxide (CO2) emissions by more than 40% by 2030 by employing a unique sustainability strategy to the use of materials in its ca...
    Webasto to showcase innovative roof solutions for autonomous driving and EVs
    According to official press release dated 3 September, Webasto announced that it will present innovative roof for autonomous driving, efficient heating system, passenger car battery and smart-charging solution. Lidar sensors and cameras for autonomous driving are integrated into the large panoram...
    07-Sep-2021 News New Products
    NODAR, Inalfa Roof Systems partner to present in-roof camera-based 3D vision technology
    NODAR, the leading provider of multi-camera 3D vision technology, has announced a collaboration with Inalfa Roof Systems Group, a global advanced engineering company owned by Beijing Hainachuan Automotive Parts Co., Ltd. It will demonstrate camera-based, high-performance 3D vision tec...
    AutoTechInsight Weekly – 06 September 2021
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    IAA Mobility 2021: Gentex to showcase connected car, in-cabin monitoring technologies
    Gentex is set to demonstrate its latest digital vision, connected car, in-cabin monitoring, and dimmable glass technologies at the IAA Mobility 2021 in Munich, Germany, it said in a press release on 3 September. One of the key components showcased is the Full Display Mirror (FDM). The FDM is an i...
    06-Sep-2021 News New Products
    Trends in floor consoles
    Floor consoles are an indispensable part of modern passenger vehicles. They occupy the space between the front seats of the vehicle and have many utilities and functionalities. The floor console design can be as simple as just providing an enclosure for the gear shifter and parking brake or as compl...
    BASF develops lightweight panorama roof frame using high speed plastic
    German multinational chemical company BASF announced on 31 August that it had successfully validated the use of its Ultradur® High Speed PBT Engineering Plastic in open panorama headliner frames. According to the company’s press release, the PBT panorama frame, developed in conjunction with Grupo...
    06-Sep-2021 News New Products
    SABIC introduces new resins containing recycled content for automotive applications
    Saudi multinational chemical manufacturing company SABIC introduced on 2 September its first three automotive-grade resins containing mechanically recycled content. The three new resins, namely the SABIC® T2E-3320EH polypropylene (PP) compound, the XENOY™ T2NX2500UV resin, and...
    03-Sep-2021 News New Products
    Chery aims for Level 4 autonomous driving technology by 2025
    According to a press release on Business Wire dated 2 September, Chery has signed a strategic cooperation agreement with BOE, a leading Internet of Things (IoT) innovation enterprise in the world, and the two parties will work closely on smart cabin solutions, cutting-edge technology research and de...
    Inalfa roof systems appoints Linda Gao as CEO
    According to a press release published on PR Newswire on 31 August, Inalfa Roof Systems, a global leader in the automotive industry based in the Netherlands, announced the immediate appointment of Linda Gao as the company's new president and CEO. Gao took over as president and CEO of the company in ...
    Continental appoints Hans-Jorg Feigel as head of strategy and future solutions
    German automotive component major Continental has appointed Hans-Jörg Feigel as head of strategy and future solutions for autonomous mobility and safety (AMS) business vertical, the company said in a press release on 31 August. Feigel, 62, who takes over his new role with effect from 1 September...
    Continental develops new functions for occupant protection
    Continental AG announced in an official press release dated August 26 that it has produced over 350 million airbag control units (ACUs) and is developing new functions to further optimise the protective effect of airbags in automobiles. Jochen Zimmermann, Head of Research & Development for Oc...
    31-Aug-2021 News New Products
    AutoTechInsight Weekly – 30 August 2021
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    Suppliers to the new Hyundai Tucson
    The fourth-generation 2021 Hyundai Tucson is assembled at Hyundai’s facility in Ostrava, Czech Republic. Output of the new version of the compact crossover SUV is expected to peak at more than 184,000 units in 2022, according to IHS Markit. If you would like your company included in this fe...
    Indian government to launch PLI scheme soon, plans to allocate USD7.7 billion to auto sector
    The Indian government, which has been pushing for growing localization of automotive parts and reducing import dependency for the industry, is in the final stages of announcing a big-ticket production-linked incentive or PLI scheme, The Economic Times reported on 27 August, citing a cabinet minister...
    Yanfeng completes construction of new seating plant in Serbia
    Global automotive interior component supplier Yanfeng has completed construction on a new manufacturing site in Kragujevac, Serbia, the company announced in a press release on 26 August. The plant will launch production by summer 2022. The company plans to create about 500 new jobs over the next few...
    26-Aug-2021 News Investments
    Covestro, Votteler, Reichle, and Merck develop intelligent surfaces for interior
    According to an official press release dated 24 August, Covestro announced that it has collaborated with three industry partners to develop an effective concept for the production of interior parts with seamless, intelligent surfaces using DirectCoating technology: Votteler Lackfabrik GmbH & Co....
    Human Horizons, Dow partner to develop innovative silicone leather for interior
    Human Horizons, the leading new mobility and intelligent technology company, has unveiled their latest innovation in collaboration with internationally renowned materials science company Dow Inc. to be used in the world's first evolvable super sports utility vehicle (SUV), HiPhi X, according to a pr...
    Volkswagen recalls 45,496 vehicles in US due to seatbelt issue
    Volkswagen Group of America is recalling 45,496 vehicles over a seat belt locking retractor malfunction, according to a filing on the National Highway Traffic Safety Administration (NHTSA) website on 5 August. The NHTSA comes under the aegis of the United States Department of Transportation. The ...
    24-Aug-2021 News Recalls
    Yanfeng International, Lin-gang Special Area Administration sign MOU to launch intelligent cockpits
    According to a press release on Autobala dated 20 August, Yanfeng Automotive, a Shanghai-based manufacturer of automotive interior components, and the Lin-gang Special Area Administration have signed a memorandum of understanding (MOU) for the launch of an intelligent cockpit project. Yanfen...
    Mitsubishi Electric unveils new advanced cockpit demo vehicle
    Mitsubishi Electric has unveiled Project Firebird, a new advanced cockpit demo vehicle, WardsAuto reported on 6 August. The cockpit is built on a hypervisor with an Android 10 operating system (OS) and includes a digital cluster, rotating center display, and Amazon Alexa integration. ...
    23-Aug-2021 News New Products
    Chrysler to recall over 212,000 vehicles due to airbag inflator malfunction
    American carmaker Chrysler has announced that it will conduct a recall of certain models over an issue with their side curtain airbag inflators. According to a notification published by the National Highway Traffic Safety Administration (NHTSA) on 12 August, the reason for this recall is that a sepa...
    23-Aug-2021 News Recalls
    AutoTechInsight Weekly – 23 August 2021
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    Kongsberg Automotive appoints Christian Amsel as CTO
    Zurich-based auto component supplier Kongsberg Automotive has appointed Dr. Christian Amsel as chief technology officer (CTO), who taken charge of the position with effect from 1 August 2021, the company said in a press release on 18 August. It added that Dr Amsel’s appointment is to support th...
    Suppliers to the new Lincoln Aviator
    The second-generation Lincoln Aviator is assembled at Ford’s facility in Chicago SHO, United States. Output of the new mid-sized luxury SUV is expected to peak at more than 2,000 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car ...
    Brose to unveil thermal management solutions at IAA Mobility 2021 in Munich, Germany
    German automotive thermal and electrification components supplier, Brose, has announced that it will be showcasing its thermal management solutions at the upcoming IAA Mobility 2021 event in Munich, Germany next month. According to a press release issued by Brose on 12 August, the company stated tha...
    17-Aug-2021 News New Products
    Faurecia reaches agreement to acquire majority stake in HELLA
    Faurecia has announced that it has reached an agreement with the Family pool and with HELLA to acquire a 60% stake in HELLA. According to press release issued by Faurecia and HELLA on 14 August, the transaction will be done through a mix of EUR3.4 billion (USD4 billion) in cash and up to 13,571,428 ...
    AutoTechInsight Weekly – 16 August 2021
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    GRAMMER’s H1 revenue rises 32.2% y/y to USD1.14 billion
    GRAMMER has reported revenue of EUR972.5 million (USD1.14 billion) for the first half of fiscal 2021, representing a 32.2% year-on-year (y/y) increase, according to a company press release on 12 August. Both divisions from Automotive and Commercial Vehicles posted growth in revenue overall, by 28.9 ...
    Illinois Tool Works' (ITW) second quarter 2021 revenue climbs 43.4% y/y to USD3.7 billion
    US-based automotive components supplier, Illinois Tool Works (ITW), has published its financial results for the second quarter of fiscal year (FY) 2021. According to a press release issued by ITW on 30 July, the company has generated revenues of USD3.68 billion during the second quarter 2021 pe...
    Magna Q2 2021 sales increase 110% y/y to USD9.03 billion
    Global automotive supplier, Magna has reported total sales of USD9.03 billion in the second quarter 2021, registering a y/y growth of 110%, the company said in its earnings release on 6 August. According to the company, revenues from body exteriors and structures contributed USD3.65 billion to ...
    Lear’s Q2 2021 net sales nearly doubles y/y to USD4.76 billion
    Lear has reported a 95% year-on-year (y/y) surge in second quarter net sales to USD4.76 billion, the company said in a press release on 6 August. Net income for the period came in at USD175.2 million compared to a loss of USD293.9 million last year. Core operating earnings was USD233 million compare...
    Lear plans to open seat manufacturing facility in Detroit, US
    According to a press release published on the Detroit News on 6 August, Lear Corporation will operate a seat manufacturing facility on the site of the former Cadillac Stamping Plant on Detroit's east side, creating "hundreds of new jobs," officials said Friday. According to Crain's Detroit Business,...
    AutoTechInsight Weekly – 9 August 2021
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    Continental’s Q2 2021 consolidated sales climb 49.7% y/y to USD11.73 billion
    Germany-based automotive components and systems supplier Continental has published its financial results for the second quarter of the 2021 fiscal year (FY). According to a press release issued by Continental on 5 August, the company posted a consolidated sales figure of EUR9.91 billion (a...
    Kongsberg Automotive Q2 2021 revenue climbs 92.6% y/y to USD350.8 million
    Norwegian automotive components supplier, Kongsberg Automotive, has announced its financial results for the second quarter of fiscal year 2021. According to a press release issued by Kongsberg on 30 July, the company posted revenues of EUR295.9 million (approximately USD350.8 million) during the sec...
    Indian auto component industry reports turnover of USD45.9 billion in FY 2020–21
    Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component manufacturing industry, announced the findings of its industry performance review for the fiscal year (FY) 2020–21 on 3 August. According to the lobby, Indian auto component indus...
    US Senate bill seeks to require passive vehicle technology to prevent drunk driving
    According to a press release on Reuters dated 3 August, a USD1 trillion infrastructure bill currently being debated in the US Senate includes a provision directing US regulators to mandate a passive technology to prevent intoxicated drivers from starting vehicles, potentially averting more than 10,0...
    AutoTechInsight Weekly – 02 August 2021
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    Evolution of car dashboards
    The rapid evolution of dashboards is one of the most exciting and visible areas of advancement in automotive technology. A dashboard is a control panel that is located directly ahead of a vehicle's driver, displaying instrumentation and controls. Dashboards al...
    Suppliers to the new BMW 4 Series
    The second-generation BMW 4 Series is assembled at BMW’s facility in Dingolfing, Germany. Output of the new version of the two-door coupe is expected to peak at more than 45,000 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car cutawa...
    Toyoda Gosei develops driver-side airbag with new structure
    Toyoda Gosei has developed a driver-side airbag with a new structure that can more safely protect the occupant, according to an official press release dated 28 July. This airbag is found on the new Honda Civic, which will be available in North America in June 2021. Driver-side airbags, which are ...
    29-Jul-2021 News New Products
    Ford unveils new Refresh95 standard-certified cabin air filter
    According to an official press release dated 22 July, Ford announced the release of all-new standard certified cabin air filters known as Ford Refresh95, with plans to cover the majority of its lineup by the end of 2023. Ford Refresh95 is Ford's new standard advanced cabin air filter, built in th...
    28-Jul-2021 News New Products
    Synthesis AI announces enhanced capabilities to develop driver safety monitoring systems
    Synthesis AI, a pioneer in synthetic data technologies, announced enhanced capabilities to simulate driver behavior in the car cabin environment to ensure automobile and autonomous vehicle manufacturers have access to high-quality, perfectly labeled training data to build driver safety systems, acco...
    28-Jul-2021 News New Products
    ACQUISITION: Smart Eye acquires DMS startup Affectiva for USD73.5 million
    Smart Eye, a company that produces AI-based eye tracking and automotive-grade driver monitoring systems (DMS), has announced that it entered into an agreement to acquire Affectiva for USD73.5 million. According to a joint press release issued by the two companies on 25 May, Smart Eye and Affectiva w...
    Faurecia H1 2021 sales rise 27.9% y/y to USD9.19 billion
    France-based automotive components and systems supplier, Faurecia, has published its financial results for the first half of the 2021 fiscal year (FY). According to a press release issued by Faurecia on 26 July, the company posted sales of EUR7.78 billion (approximately USD9.19 billion) during the f...
    Valeo to present multiple innovations at IAA Mobility 2021
    According to an official press release dated 26 July, Valeo plans to showcase multiple innovations at IAA Mobility in September, including a series of technologies that can create a "health shield" within the interior of a vehicle and a smart lighting system. The Valeo innovations to be presented...
    27-Jul-2021 News New Products
    Gentex posts 86% y/y increase in Q2 sales at USD428 million
    Gentex has reported an 86% year-on-year (y/y) increase in sales for the second quarter of fiscal 2021, it said in a press release on 23 July. Sales came in at USD428 million compared to USD229.9 million a year earlier while net income was USD86.5 million compared to a loss of USD2.4 million last yea...
    AutoTechInsight Weekly – 26 July 2021
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