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    Volkswagen reveals details about new battery system for MEB-based EVs
    In a press release dated 5 December, Volkswagen (VW) has revealed details about its new high-voltage battery systems for all electric vehicles (EVs) built on the modular electric drive matrix (MEB) platform in the Volkswagen Group. The system will be launched in the ID.3 all-electric hatchback, whic...
    06-Dec-2019 News New Products
    BorgWarner develops new variant of HVH electric motor for hybrid cars
    BorgWarner has developed a new variant of the High Voltage Hairpin (HVH) motor ‘HVH 146’ for hybrid cars, the company announced in a press release on 5 December. The motor delivers 35 kW of  peak power and 65 N.m of torque. The HVH 146 motor will go into production on a light-duty hybrid pa...
    06-Dec-2019 News New Products
    Porsche tests all-electric AWD SUV with in-wheel motor setup
    Germany-based Porsche Engineering has announced a new solution for electric sport utility vehicles (SUVs) that improves the vehicle’s stability through software alone, in a press statement released on 4 December. This solution does not require any additional sensors and works by distributing power...
    06-Dec-2019 News New Products
    General Motors, LG Chem to set up battery cell JV in US
    General Motors (GM) and LG Chem will set up a new  joint venture (JV) for producing electric vehicle (EV) battery cells in the United States, the automaker announced in a press release on 5 December. The new JV will build a battery cell assembly plant on a greenfield manufacturing site in the L...
    AAM supplies drivetrain components for 2019 Ram pickup trucks
    American Axle & Manufacturing (AAM) has announced in a press release issued on 5 December that it has increased its production of driveline systems. The company, based in Detroit, Michigan, has expanded its driveline production operations in order to supply front and rear axles to a line of...
    Rheinmetall develops polymer-coated thrust washer
    Rheinmetall has developed a new polymer-coated thrust washer, KS R535L1, the company said in a press release on 4 December. The new thrust washer has high resistance to wear caused by start/stop modes of operation and good mixed-friction stability. The polymer-coated thrust washer is based on w...
    06-Dec-2019 News New Products
    Trelleborg reorganizes business segments to enhance profitability
    Sweden-based Trelleborg has announced that the company is implementing organizational changes to focus on select segments aimed at improving profitability, according to a company press release on 4 December. In the new organization, Trelleborg will consist of three business areas in place of the exi...
    Mercedes-Benz to end sales of BS-IV vehicles within a few weeks
    Germany-based luxury car manufacturer Mercedes-Benz has stated that it will end the retail sales of BS-IV vehicles in India within a few weeks, according to a quote provided to ET Auto. The company has already stopped manufacturing these vehicles in India ahead of its preparation to switch completel...
    Fiat Chrysler Automobiles recalls 51,788 vehicles in US to replace shifter cable adjuster
    Fiat Chrysler Automobiles has issued a recall of 51,788 vehicles in the United States to replace shifter cable adjuster, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website last month. The recall affects model year (MY) 2012-2013 Fiat 500 vehicles equi...
    05-Dec-2019 News Recalls
    Mercedes-Benz commences battery production in Thailand
    Mercedes-Benz has started production of batteries for plug-in hybrid vehicles (PHEV) at its Bangkok plant in Thailand, the company announced in a press release on 4 December. Mercedes-Benz and its local partners, Thonburi Automotive Assembly Plant (TAAP) and Thonburi Energy Storage Systems (TESM), h...
    05-Dec-2019 News Investments
    Mercedes-Benz GLE Coupé to get plug-in hybrid engine, 48V tech and advanced air suspension
    In a press statement released on December 5th, German car maker Mercedes-Benz has brought out the latest iteration of its GLE Coupe SUV. Among other variants, the GLE Coupe is also available as a plug-in hybrid version. Powering this SUV is a 2.0 litre, 4 cylinder diesel engine that works in tandem ...
    05-Dec-2019 News New Products
    SK Innovation mulls setting up second EV battery plant in China
    South Korean battery maker SK Innovation is planning to set up a new electric vehicle (EV) battery plant  in Yancheng, China, reports news website BusinessKorea. SK Innovation is investing USD1.05 billion in the new plant. According to the report, most of the batteries manufactured at the new&n...
    04-Dec-2019 News Investments
    Schaeffler partners with ABT to electrify LCVs
    Schaeffler has partnered with ABT e-Line GmbH to electrify light commercial vehicles (LCV) weighing up to 3.5 tons, the company announced in a press release on 3 December. ABT will contribute its implementation expertise and flexibility in vehicle retrofitting, whereas Schaeffler will contribute its...
    Freudenberg develops new low friction bearing with improved lubrication
    German components supplier Freudenberg Sealing Technologies has introduced a newer version of its Levitorq axial thrust washer that has a reduced level of friction. According to a press release issued on December 3rd, the company states that the design of its Levitorq washers has been optimized...
    04-Dec-2019 News New Products
    CES 2020: Rinspeed to showcase MetroSnap modular urban mobility concept
    Swiss automotive manufacturer and tuning firm Rinspeed will be showcasing its inexpensive swapping system for the vehicle bodies, called MetroSnap, at the CES 2020 event in Las Vegas, US. The company has reportedly filed for a patent protection regarding this concept. The MetroSnap concept vehi...
    04-Dec-2019 News New Products
    MY2020 Toyota Corolla to be available only as a hybrid in UK
    The Toyota Corolla range has been revised for the 2020 model year.  The most important development is that the car will only be available as a hybrid in the United Kingdom from next year onwards. The Japanese car maker issued a press release on December 3rd confirming the same, and mentioned th...
    03-Dec-2019 News New Products
    Bentley commences work on new engineering test centre in Crewe, UK
    British luxury car maker Bentley has announced that the company has begun work on its all-new engineering center in the United Kingdom, according to a press statement issued on 2nd December. This new facility is located at the company’s headquarters in Crewe, and is being constructed due to&n...
    03-Dec-2019 News Investments
    HORIBA FuelCon to expand plant in Germany
    HORIBA FuelCon is planning to expand its plant in Technologiepark Ostfalen in Germany, Invest in Saxony-Anhalt announced in a press release on 26 November. The company will add a new building which is scheduled to be inaugurated at the end of 2021 and will create around 250 new jobs. Under the proje...
    03-Dec-2019 News Investments
    France proposes new initiatives to help automakers meet CO2 emission norms
    France has proposed new initiatives to support the automakers to meet the tightening CO2 emission norms for cars, Reuters reported on 2 December, citing Finance Minister Bruno Le Maire. The government is planning to create two funds of EUR25 million (USD28 million) each to help the sector deal with ...
    Forecasting the implications of Euro 7 on powertrain technologies
    Introduction Governments around the world are beginning a substantial push towards a clean, zero-emissions society. While there are unquestionably challenges and obstacles to overcome in making this happen, the automotive industry is already showing its commitment to playing its part. Global t...
    SupplierInsight Weekly – 25 November 2019
    Click the link above to download this week's issue
    GM to resume offering 3-cylinder engines to North American vehicles
    American auto maker General Motors is reportedly bringing back its 3 cylinder internal combustion engine for vehicles in the North American markets after a gap of 20 years, according to a story filed by motoring publication Automotive News Canada. The engine will have its reintroduction to North ...
    02-Dec-2019 News New Products
    Rheinmetall develops new components for fuel cell applications
    German auto components manufacturer Rheinmetall Automotive’s subsidiary Pierburg GmbH has introduced a line of new products that are intended for use in vehicles driven by hydrogen fuel cells. The first is a multi-purpose valve, and this control valve has been designed to be installed on the catho...
    02-Dec-2019 News New Products
    Audi upgrades all-electric SUV e-tron to offer higher range
    German luxury and sportscar manufacturer Audi has done a technical update for the company’s first electric SUV, the Audi e-tron. As a result of the updates to the vehicle’s software and drive system hardware optimizations, the e-tron 55 quattro will have approximately an additional 25 km (n...
    02-Dec-2019 News New Products
    Audi unveils new RS Q8 with 48-volt mild-hybrid powertrain
    Audi has unveiled its new RS Q8 sport utility vehicle (SUV) with a 48-volt mild-hybrid (MHEV) powertrain, the company announced in a press release on 27 November. The car is equipped with a 4L V8 engine, which generates 441 kW and 800 N.m torque. The new RS Q8 will be launched in Germany and other E...
    29-Nov-2019 News New Products
    Nissan invests USD302 million in Tochigi plant in Japan to produce next-generation of electrified, intelligent vehicles
    Nissan has announced plans to make a substantial investment in advanced production technologies and equipment at its plants around the world to prepare them to produce the next-generation of electrified and intelligent vehicles, the company said in a press release today. The automaker has earmarked ...
    Faurecia targets sales of USD22.9 billion in 2022
    Faurecia has announced its new financial targets for 2022 during a ‘Capital Market Day’ event held in Paris, France, on 26 November, the company said in a press release. The French supplier expects its sales to grow above 5% between 2019 and 2022 and reach EUR20.5 billion (USD22.9 billion) ...
    The requirement for multi-speed EV transmission
    Porsche Taycan is set to become the first mass market electric vehicle (EV) to come equipped with a 2-speed transmission. However, it may not remain the only one for a long time, as the advantages of a multi-speed transmission become more apparent to customers. So far, the multi-speed transmission t...
    FCA recalls 72,761 vehicles globally due to degraded shift cable bushings
    Fiat Chrysler Automobiles (FCA) is recalling 72,761 units of model-year (MY) 2012-13 Fiat 500 vehicles globally due to degraded shift cable bushings, according to a report by Automotive News Canada on 27 November. The recall covers 51,788 vehicles in the United States, 10,627 units in Canada, 3,520 ...
    28-Nov-2019 News Recalls
    KS Huayu AluTech manufactures its first all-aluminium 4-cylinder diesel engine
    Kolbenschmidt Huayu AluTech GmbH, a subsidiary of Rheinmetall Automotive AG, has announced that it has manufactured its first all-aluminium 4 cylinder engine that will be used in diesel powered vehicles. In a press statement issued on 26th November, the company stated that this engine will be used i...
    28-Nov-2019 News New Products
    ZF to open third R&D facility in China at Guangzhou by 2023
    German automotive components maker, ZF Friedrichshafen AG, has announced its plan to open a new research and development center in the Chinese city of Guangzhou. According to a press release issued on 27th November, this facility will be the company’s third R&D center in China, and it is ...
    28-Nov-2019 News Investments
    Fiat Chrysler recalls 528,594 vehicles in US over issue with fuel pump relay
    Fiat Chrysler Automobiles (FCA) is recalling 528,594 vehicles in the United States over an issue with fuel pump relay, according to a recall notice on the website of the National Highways Traffic Safety Administration (NHTSA). The recall affects model year (MY) 2011-2013 Dodge Durango and Jeep Grand...
    27-Nov-2019 News Recalls
    Audi launches new RS 6 Avant with mild hybrid powertrain and upgraded suspension
    German luxury and sportscar maker Audi has launched the newest version of their RS6 Avant, and this vehicle now features a mild hybrid powertrain and improved suspension systems, among other upgrades. The 4.0 litre, twin turbocharged V8 petrol engine produces a power figure of 591 bhp and a torque o...
    27-Nov-2019 News New Products
    Blue World Technologies partners with Chinese EV start-up AIWAYS to develop methanol fuel cell vehicles
    Blue World Technologies partners with Chinese electric vehicle (EV) start-up AIWAYS to develop a methanol fuel cell vehicle, Blue World Technologies announced in a press release earlier this month. AIWAYS will launch the methanol fuel cell hybrid version of its U5 sport utility vehicle (SUV) at the ...
    Audi plans to launch more than nine plug-in hybrids and other electrified models in China by 2021
    German car maker Audi has planned to launch over nine electrified models in the Chinese car market by the year 2021, and the company has also stated that all of the models that it sells in China will feature electrification by 2025, according to a report filed by motoring publication Automotive News...
    26-Nov-2019 News New Products
    Honda launches all-new City in Thailand with new 1.0L VTEC turbo engine
    Japanese car maker Honda premiered the newest, 5th generation of the company’s entry level sedan, the City, on the 25th of November. For this version, Honda has equipped the vehicle with a new 1.0 litre, 3-cylinder, turbocharged VTEC engine that develops 120 bhp, and it is connected to a CVT autom...
    26-Nov-2019 News New Products
    Skoda launches Superb iV PHEV and all-electric Citigoᵉ iV
    Czech auto maker Skoda launches two new models, the Skoda Superb iV and the Citigoᵉ iV, according to a press release issued on 25th November. These new Superb is the first ever plug-in hybrid vehicle of Skoda while the Citigoᵉ is its first pure electric vehicle. Along with these vehicles, the...
    26-Nov-2019 News New Products
    Subaru recalls 17,479 vehicles in China to fix glitch in engine control unit
    Subaru is recalling a total of 17,479 vehicles in China to fix a glitch in the engine control unit, according to a recall notice on the website of the State Administration for Markets Regulation. The recall affects 10,487 Foresters manufactured between 3 September 2018 and 19 June 2019, and 6,992 XV...
    26-Nov-2019 News Recalls
    New BMW X3 gets plug-in hybrid powertrain, new high voltage battery pack
    BMW has announced the newest version of its SUV, the X3, in a press release dated 4th November. The Munich-based car maker has made its X3 xDrive30e the third vehicle in its fleet to be equipped with plug-in hybrid drive and all-wheel drive (AWD). The new BMW X3 is driven by a 2.0-litre, twin tur...
    25-Nov-2019 News New Products
    thyssenkrupp’s net sales rise 1.11% y/y to USD46.29 billion in FY2019
    German components manufacturer thyssenkrupp has reported an increase in its net sales to EUR42 billion (approximately USD46.29 billion) during the financial year ended September 30th, 2019, which represents a rise of 1.11%. The company reported its results in a press statement issued on November 21s...
    SupplierInsight Weekly – 25 November 2019
      Click the link above to download this week's issue
    Faurecia and Michelin launch fuel-cell JV Symbio
    Faurecia and Michelin have formalized their fuel-cell 50:50 joint venture (JV) ‘Symbio’, Faurecia announced in a press release on 21 November. The JV will develop, produce and market hydrogen fuel cell systems for light vehicles, commercial vehicles, and trucks as well as for other areas of elec...
    BMW invests over USD220 million in Austrian diesel engine development centre
    The BMW Group has announced that in 2019 alone, it will be investing over EUR200 million (more than USD220 million) in new diesel engines and test stands for the company’s electric drives at the engine development centre in Steyr, Austria. According to Fritz Steinparzer, the Head of diesel engi...
    22-Nov-2019 News Investments
    2019 SEMA Show: Webasto exhibits new modular battery pack and next-gen charging solutions
    Germany-based automotive supplier, Webasto, has exhibited next generation charging solutions and elements of a new modular battery system in the Ford Motor Company’s booth at the recently concluded 2019 SEMA Show in Las Vegas, US. The company’s battery system has been designed in order to be ...
    22-Nov-2019 News New Products
    CES 2020: Faurecia to showcase advanced solutions for ‘Cockpit of the Future’ and sustainable mobility
    French supplier Faurecia will showcase its latest solutions for the ‘Cockpit of the Future’ and Sustainable Mobility at the CES 2020 in Las Vegas, Nevada, United States, in January 2020, the company said in a press release last week. The company will demonstrate its solutions at two booths locat...
    22-Nov-2019 News New Products
    GM and Isuzu to invest USD175 million in new diesel engine components plant in the US
    In a press release issued on 21st November, American auto manufacturer General Motors (GM) stated that the company, along with Isuzu, would invest USD175 million in a new diesel engine components manufacturing facility. This new 251,000 sq. ft. plant will be located in Brookville, Ohio, and it will ...
    22-Nov-2019 News Investments
    Johnson Matthey reports 13.7% y/y decline in H1 net profit to USD216 million
    Johnson Matthey has reported a decline of 13.7% year on year (y/y) in its net profit to GBP176 million (USD216 million) for the first half ended 30 September 2019, according to a company press release on 21 November. Revenue for the six-month period totaled GBP6.8 billion, representing a growth of 3...
    PSA opens new assembly line for electrified powertrains at Trémery plant in France
    Groupe PSA (PSA) has inaugurated a new assembly line for manufacturing electrified powertrains, including electric motors, transmissions, and associated electronic equipment at its Trémery plant in France, the company announced in a press release on 20 November. Designed for flexibility, ...
    21-Nov-2019 News Investments
    New Mercedes-Benz GLE gets 48-volt tech and eco-friendly powertrain features
    The high performance versions of the GLE-Class SUV from Mercedes-Benz, the Mercedes-AMG GLE63 and the GLE63 S, are to get electrified powertrains for increased performance figures and improved efficiency, according to a 20 November press release. The 4.0 litre, twin turbocharged V8 pe...
    21-Nov-2019 News New Products
    SupplierInsight Webinar: Ambient Lighting – Changing the cabin concept
    Watch an on-demand replay now Sascha Klapper will discuss the industry trends and present the new global forecast for the Ambient Lighting market. Focus of the webinar will be the positioning, optical technology, optical principles and dynamic functions of the current and future Ambient Lighting ...
    20-Nov-2019 News Webinars
    ZF, Wolong Electric to form JV in China for production of electric motors and subcomponents
    ZF and Wolong have decided to form a new joint venture (JV) in China for production of components and electric motors for automotive applications, ZF announced in a press release on 19 November. To be headquartered in Shangyu, Zhejiang Province in China, the JV will be named Wolong ZF Automotive E M...
    Nikola announces details of new battery cell technology
    Nikola Motor has developed a new battery with an energy density of 1,100 watt-hours per kg on the material level and 500 watt-hours per kg on the production cell level, the company announced in a press release on 19 November. Nikola claimed that this battery technology could increase the range of cu...
    Cree, STMicroelectronics extend silicon carbide wafer supply agreement
    Cree and STMicroelectronics have jointly announced the expansion and extension of an existing multi-year, long-term silicon carbide (SiC) wafer supply agreement to more than USD500 million, according to a press release on 19 November. The extended agreement is a doubling in value of the orig...
    Freudenberg Sealing Technologies develops new coating for reducing friction in rotary shaft seals
    Freudenberg Sealing Technologies (FST) and Freudenberg Technology Innovation have come up with a new coating that improves wetting with synthetic lubricants, according to a company press statement on 19 November. The wetting of the sealing lip plays a significant role in the optimal functioning...
    20-Nov-2019 News New Products
    California prohibits state purchasing of sedans solely powered by ICEs
    According to a press release from the California Department of General Services (DGS) on 15 November, the government body has issued an executive order (EO) that prohibits state agencies from purchasing sedans that are powered solely by internal combustion engines (ICEs). However, this order, w...
    LA Motor Show 2019: Toyota unveils RAV4 Prime plug-in hybrid electric vehicle
    At the 2019 LA Auto Show in Los Angeles, California, Japanese carmaker Toyota debuted the most powerful version of its RAV4 crossover yet. The 2021 Toyota RAV4 Prime also happens to be the first plug-in hybrid version of this vehicle. The vehicle is powered by a 2.5-liter, 4-cylinder, Atkinson-cycle...
    20-Nov-2019 News New Products
    FCA recalls 34,764 vehicles in Canada over issue with fuel pump relay
    Fiat Chrysler Automobiles (FCA) is recalling 34,764 vehicles in Canada over an issue with the fuel pump relay, according to a recall notice on the website of Transport Canada earlier this month. The recall affects model year (MY) 2011–13 Dodge Durango and Jeep Grand Cherokee. Significance: In t...
    20-Nov-2019 News Recalls
    FCA recalls 10,627 vehicles in Canada over issue with transmission shift cable adjuster
    Fiat Chrysler Automobiles (FCA) is recalling 10,627 vehicles in Canada over an issue with transmission shift cable adjuster, according to a recall notice on the website of Transport Canada earlier this month. The recall affects model year (MY) 2012-13 Fiat 500 models. Significance: In certai...
    20-Nov-2019 News Recalls
    Fraunhofer IWS to develop thin-film electrodes for EV batteries
    The Fraunhofer Institute for Material and Beam Technology IWS, along with researchers from TU Dresden and Leibniz, have  started development of innovative battery electrodes comprising ultrathin silicon or lithium layers, Fraunhofer IWS announced in a  press release on 11 November. Th...
    BMW's global EV sales grow 8.6% y/y to 14,182 units in October
    German luxury and sportscar maker BMW announced on 8 November its sales results for the month of October and for the first 10 months of this year. Sales of the company’s electrified vehicles climbed to 14,182 units in October, which represents a rise of 8.6% year-on-year from the same ti...
    SupplierInsight Weekly – 18 November 2019
    Click the link above to download this week's issue
    Panasonic develops new battery management technology for multicell stacked lithium-ion batteries
    Panasonic has developed a new battery management technology for multicell stacked lithium-ion batteries used for various applications including electric vehicles (EVs), the company announced in a press release on 14 November. Panasonic has developed this technology in collaboration with Professor Ma...
    15-Nov-2019 News New Products
    ZF and Danfoss expand partnership for silicon and silicon carbide power modules
    ZF and Danfoss have expanded their existing partnership to work on silicon and silicon carbide power modules, ZF announced in a press release on 14 November. The two companies will engage in joint research and development, with Danfoss also supplying power modules for silicon applications. As p...
    New Skoda Octavia features shift-by-wire technology for its DSG automatic gearbox
    The fourth-generation Škoda Octavia had its world premiere on 11 November, and the Czech carmaker has equipped this midsize sedan with a lot of new technology. The vehicle can be ordered with a manual or an automatic gearbox, depending on the trim level. In this new Octavia, the twin-clutch DS...
    15-Nov-2019 News New Products
    New Audi S8 features mild-hybrid powertrain, predictive active suspension
    German luxury carmaker Audi has introduced the latest version of its high-performance luxury sedan, the S8, according to a press release dated 14 November. The new Audi S8 features a 4.0-liter, twin-turbocharged, V8 engine with mild hybrid technology that produces a combined system power o...
    15-Nov-2019 News New Products
    Tata Motors inaugurates Advance Power Systems Engineering Tech Center in India
    Indian automaker Tata Motors inaugurated its Advance Power Systems Engineering Tech Center on 13 November. This facility is located at the Engineering Research Center (ERC) in Pune, India. This new technology center will be involved in engineering, testing, and developing powertrain solutions f...
    FCA recalls 50,259 vehicles in Canada over issue with exhaust gas recirculation cooler
    Fiat Chrysler Automobiles (FCA) is recalling 50,259 vehicles in Canada over an issue with the exhaust gas recirculation (EGR) cooler, according to a recall notice on the website of Transport Canada earlier this month. The recall affects model years (MY) 2014–19 Ram 1500 vehicles. Significance: ...
    14-Nov-2019 News Recalls
    Rheinmetall secures order to manufacture lightweight pistons for petrol engines in China
    China-based producer of automotive pistons, Kolbenschmidt Huayu Piston Co. Ltd. (KSHP), has secured an order from a vehicle manufacturer for supplying lightweight pistons. The company is a subsidiary of German components maker Rheinmetall Automotive AG. According to a press release issued on 13 Nove...
    Nidec, GAC Components establish JV for automotive traction motors in China
    Nidec and GAC Components have completed the establishment of a new joint venture (JV) for automotive traction motors in Guangzhou, China, Nidec announced in a press release earlier this month. Named Guangzhou Nidec Auto Drive System, the JV will be 51% owned by Nidec and 49% by GAC Components, and h...
    Martinrea posts 14.48% y/y rise in sales, to USD735 million, during Q3 2019
    Canadian lightweight automotive components and powertrain systems supplier Martinrea announced its financial results for the quarter ended 30 September 2019 in a press release issued on 12 November. The company has reported a rise in revenue from CAD851.14 million during the third qua...
    Hitachi Automotive Systems, a global mega supplier in the making
    Automakers and suppliers are joining forces to deal with the immense challenges created by megatrends such as connected cars, electrification, and autonomous driving. Today, there are hardly any automakers which are not investing in these fields. For new innovations with regards to these megatrends ...
    Nidec completes acquisition of Omron’s automotive electronics business
    Nidec Corporation has completed the previously-announced acquisition of automotive electronics business from Omron Corporation, the company said in a press release. The acquisition was completed on 31 October. Nidec also acquired a set of Omron subsidiaries—Omron Automotive Electronics de Mexico S...
    Continental’s Q3 sales up 3% y/y to USD12.1 billion
    Continental has reported 3% year-over-year (y/y) increase in sales to EUR11.1 billion (USD12.1 billion) in the third quarter ended 30 September 2019, the company said in a press release on 12 November. Adjusted for change in scope of consolidation exchange rates, sales dropped slightly, by 0.3% y/y....
    Keihin’s H1 net profit down 76.2% y/y to USD16.5 million
    Keihin has reported a 76.2% year-on-year (y/y) decline in net income to JPY1.7 billion (USD16.5 million), for the first six months ended 30 September 2019, according to a company press release on 30 October. Net sales during the period fell by 5.2% y/y to JPY164.1 billion. Keihin’s operating profi...
    Kongsberg revenue climbs 7.8% y/y to USD307.46 million in Q3 2019
    Norwegian automotive components supplier Kongsberg Automotive has registered a revenue of EUR279.2 million (approximately USD307.46 million) during the third quarter of 2019, which represents a rise of 7.8% year over year when compared to the same time frame of last year. The company issued a pre...
    AAM's Q3 2019 net sales fall 7.6% y/y to USD1.68 billion
    American Axle & Manufacturing Holdings, Inc. (AAM) has reported a net sales figure of USD1.68 billion during the third quarter of 2019. This represents a drop of 7.6% from USD1.82 billion when compared to the net sales of the same time frame of last year. The strike between General Motors and UA...
    Showa’s net sales drop 3.1% y/y to USD1.24 billion during Q2 2019
    Japanese automotive suspension components supplier Showa has released its financial results for the April to September 2019 period. According to a report dated October 30th, the net sales of the company fell to JPY135.37 billion (nearly USD1.24 billion) during the six months ended September 30th, wh...
    Subaru recalls 25,329 vehicles in Australia over issue with PCV valve
    Subaru is recalling 25,329 vehicles in Australia over an issue with the aluminum positive crankcase ventilation (PCV) valve, according to a recall notice on the Australian Competition and Commission (ACCC) website on 4 November. The recall affects model year (MY) 2017-2019 Subaru Impreza and MY 2018...
    12-Nov-2019 News Recalls
    SupplierInsight Weekly – 11 November 2019
    Click the link above to download this week's issue
    Garrett Motion reports marginal drop in sales of 0.4% y/y to USD781 million during Q3 2019
    Switzerland-based automotive supplier firm, Garrett Motion, has released its financial results for the third quarter of 2019 in a press statement issued on 8th November. The company has registered a marginal drop in its third quarter 2019 sales, which stand at USD781 million, and represent...
    Volvo recalls 2,045 vehicles in Australia over issue with engine valve
    Volvo is recalling 2,045 vehicles in Australia over an issue with the engine valve, according to a recall notice on the Australian Competition and Commission (ACCC) website on 8 November. The recall affects model year (MY) 2016-19 Volvo V40, S90, V90 Cross Country and XC90 vehicles. The recall affec...
    11-Nov-2019 News Recalls
    JATCO commences manufacturing of CVT8 automatic transmission at new Chinese facility
    In a press release dated 8th November, Japanese transmissions manufacturer JATCO confirmed that it is commencing production operations of continuously variable transmissions (CVTs) at its new manufacturing facility located in the Economic and Technological Development Zone of Zhangjiagang city, Jian...
    Magna’s sales decline 3.1% y/y to USD9.3 billion in Q3
    Magna has reported 3.1% year-over-year (y/y) decline in net sales to USD9.3 billion in the third quarter ended 30 September 2019, the leading Canadian automotive supplier said in a press release on 8 November. Sales, excluding the impact of foreign exchange currency translation and divestures net of...
    Suppliers to the new Skoda Kamiq
    The first generation Skoda Kamiq is assembled at Skoda's facility in Mlada Boleslav, Czech Republic. According to IHS Markit production forecasts, output of the new generation Skoda Kamiq from the plant is expected to peak in 2020 at more than 90,000 units. If you would like your co...
    Sales of electrically chargeable vehicles in EU grow 51.8% y/y, to 110,630 units, in Q3
    Sales of electrically chargeable vehicles (ECVs) jumped 51.8% year on year (y/y), to 110,630 units, in the European Union (EU) during the third quarter ended 30 September 2019, the European Automobile Manufacturers Association (ACEA) announced in a press release on 7 November. During the quarter, EC...
    MAHLE develops new 48V battery for mild hybrids
    MAHLE has developed a new 48V battery for use in mild hybrid vehicles, the company announced in a press release on 7 November. MAHLE has presented the prototype of the 48V battery, which is based on lithium-titanate-oxide (LTO) chemistry. Testing of the first prototype is underway to verif...
    08-Nov-2019 News New Products
    Subaru recalls 54,715 vehicles in Australia over improper engine control module programming
    Subaru is recalling 54,715 vehicles in Australia over improper engine control module programming, according to a recall notice on the Australian Competition and Commission (ACCC) website on 1 November. The recall affects model year (MY) 2017-19 Subaru Impreza, and MY 2018-19 Subaru XV vehicles. S...
    08-Nov-2019 News Recalls
    BorgWarner to supply triple-clutch P2 drive module and electro-hydraulic control unit to Changan Automobile
    American manufacturer of automotive components, BorgWarner, and Chinese auto maker Changan Automobile have entered into an agreement, as announced in a press release dated November 6th.  Under this agreement, certain components such as the electro-hydraulic control unit and the triple clutch P2...
    07-Nov-2019 News New Products
    Schaeffler supplies modular hybrid transmission for Ford and Lincoln SUVs
    Schaeffler is supplying its modular hybrid transmission for Ford and Lincoln sport utility vehicles (SUV), reports news website Green Car Congress citing Schaeffler Americas CEO, Marc McGrath. The modular hybrid transmission is for model year (MY) 2020 Ford Explorer, Police Interceptor Utility, as w...
    Schaeffler CFO Dietmar Heinrich to retire in July 2020
    Schaeffler’s chief financial officer (CFO) Dietmar Heinrich will retire on 31 July 2020, according to a company press release on 5 November. The company will announce a successor in due course. Heinrich began his professional career in October 1990 at Alfred Kärcher GmbH & Co. KG, where he...
    Johnson Electric’s H1 net profit rises 16% y/y to USD162 million
    Johnson Electric posted a 16% rise in net profit to USD162 million for the first half of fiscal year 2020, the company reported on 6 November. Group sales for the same period came in 7% lower at USD1.57 billion while the underlying profit, after adjusting for the effects of significant non-cash ...
    Chrysler recalls 107,979 vehicles in US over engine cooling issue
    Fiat Chrysler Automobiles (FCA) is recalling 107,979 vehicles over an engine cooling issue, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website earlier this month. The recall affects model year (MY) 2014-2019 Ram 1500 and 1500 Classic Pickup trucks equ...
    07-Nov-2019 News Recalls
    Schaeffler’s Q3 revenue increases 2.6% y/y to USD3.9 billion
    Schaeffler has reported a growth of 2.6% year on year (y/y) in its revenue to EUR3.6 billion (USD3.9 billion) during the third quarter ended 30 September 2019. Net income during the quarter, however, declined 17.1% y/y to EUR212 million. EBIT also fell 17% y/y to EUR312 million.  Sales in Au...
    INFINITI announces electrified vehicle powertrain, platform development strategy
    In a press release dated 4 November, INFINITI unveiled its electrified vehicle powertrain and platform development strategy. The company said it will launch vehicles equipped with fully-electric systems as well as Nissan’s e-Power technology. “The fully-electric and gas-generated EV powertrain o...
    ZF partners with Cree to develop advanced electric drive for EVs
    ZF has partnered with Cree to develop advanced electric drivelines for electric cars, the company announced in a press release on 5 November. The two companies will develop a new electric powertrain with silicon carbide-based inverter. ZF expects to make silicon carbide electric drivelines available...
    Cooper Standard revenue drops by 15.4% y/y to USD729 million in Q3 2019
    During the third quarter of 2019, Michigan-based automotive components manufacturer Cooper Standard has reported a dip in its sales to the tune of 15.4% year on year to USD729 million. The company’s sales figure for the three months ended September 30th of last year stood at USD861.7 million. Coop...
    Kia unveils electric Futuron Concept SUV with level 4 autonomous driving capability
    Kia unveiled its Futuron Concept, an all-electric sport utility vehicle (SUV) with SAE level 4 (L4) autonomous driving capability, at the 2019 China International Import Expo (CIIE) in Shanghai, the South Korean automaker said in a press release today (5 November). The new AWD concept is a sports ca...
    05-Nov-2019 News New Products
    Toyota Industries’ H1 net profit rises 10.6% to USD756 million
    Toyota Industries has released its financials in a press statement issued on October 31st, and the company’s net profit for the April-September 2019 period stands at JPY82.28 billion (approximately USD756 million). This represents an increase of 11% when compared to the same time frame of the prev...
    Aisin Seiki announces plan to merge with Aisin AW
    Japanese auto components and transmission manufacturer Aisin Seiki has announced a plan to merge with their automatic transmission production brand, Aisin AW, in a press statement released on October 31st. The planned management integration is being done in order to adapt to automotive industry disr...
    Delphi Technologies releases Q3 2019 results, revenue dips 11% y/y to USD1 billion
    In a press release dated 31 October, UK-based automotive components firm Delphi Technologies has divulged its results for the third quarter of 2019. The company’s revenue has dropped to USD1 billion, which represents a reduction of 11% from the same period of last year. The operating income o...
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