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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    12-Apr-2021 News OEM Purchasing Pinned
    Android’s grip tightens on automotive OS
    Android Automotive has taken the automotive headunit by storm. From its initial introduction in early 2017 until now, six global automakers across more than 10 brands have signed on, accounting for nearly one-fifth of all vehicles once fully rolled out. The significance of Android Automotive lies wi...
    2021 Shanghai Auto Show: Valeo showcases thermal, lighting solutions
    Valeo is presenting innovative thermal and lighting technologies at the ongoing 2021 Shanghai Auto Show in mainland China, according to a company press release on 19 April. In the field of thermal, Valeo is showcasing new heat pump and FlexHeater smart heating technology. In the field of lighting, t...
    20-Apr-2021 News New Products
    Suppliers to the new Seat Leon
    The fourth-generation 2020 Seat Leon is assembled at Seat's facility in Martorell, Spain. Output of the new version of the hatchback is expected to peak at more than 129,000 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car cutaways pub...
    AutotechInsight Weekly – 19 April 2021
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    Samsung unveils PixCell LED module for headlight systems
    Samsung Electronics Co., Ltd. has unveiled ‘PixCell LED’, a new automotive LED module optimized for intelligent headlights, such as adaptive driving beam (ADB) systems, the company announced in a press release on 14 April. Leveraging Samsung’s longstanding expertise in semiconductor technology...
    16-Apr-2021 News New Products
    HELLA reports almost flat sales of USD5.7 billion for first nine months of FY 2020/21
    German electronics and lighting expert HELLA’ portfolio-adjusted sales fell only slightly by 0.3% year-on-year (y/y) to EUR4.7 billion (USD5.7 billion) in the first nine months of fiscal year (FY) 2020/21 (1 June 2020 to 28 February 2021). According to a company press release on 14 April, adj...
    AutotechInsight Weekly – 12 April 2021
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    IHS Markit launches 2021 OEM-Supplier Relations (SuRe) survey
    The automotive industry’s global survey of OEM-supplier relations has returned, giving tier-one suppliers the opportunity to express their views and opinions on their relationship with every major OEM from today (April 12). IHS Markit's unique SuRe (Supplier Relations) Index scores and ranks OE...
    Auto Shanghai 2021: HELLA to present lighting and electronic innovations
    Germany-based lighting and electronics expert HELLA will showcase solutions for the mobility of the future at the upcoming Shanghai International Automobile Industry Exhibition, which will be held from 19–28 April. According to a company press release 5 April 2021, HELLA will present various elect...
    AutoTechInsight Webinar: Bridging the Gap from Level 2+ to Autonomous Driving
    Watch an on-demand replay now AutoTechInsight Webinar: Bridging the Gap from Level 2+ to Autonomous Driving Automated driving sits at the forefront of vehicle technology and presents an opportunity for brand differentiation in a crowded market. As automakers, suppliers, and mobility provi...
    07-Apr-2021 News Webinars
    AutotechInsight Weekly – 5 April 2021
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    Lumax Industries to establish new plant in Gujarat, India
    Lumax Industries has announced that the company will invest INR800 million (USD10.9 million) to open a new manufacturing plant in Sanand, Gujarat, in India, according to BSE filing by the company on 26 March 2021. The company has not provided further details including products to be produced at...
    31-Mar-2021 News Investments
    Minda Industries to set up new lighting plant in Gujarat, India
    Minda Industries will set up a new lighting manufacturing plant at Bhagapura, Gujarat in India to address rising demand for four-wheeler automotive lighting, according to a regulatory filing on 27 March. to this end, the company plans to invest INR896.9 million (USD12 million). The plant is expected...
    30-Mar-2021 News Investments
    AutotechInsight Weekly – 29 March 2021
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    Melexis launches multichannel RGB LED driver for automotive lighting applications
    Melexis has launched a new multichannel RGB LED driver—MLX81117—for automotive lighting applications, according to a company press release on 25 March 2021. The new product supports the MeLiBu™ high-speed communication license-free IP which enables intelligent animated automotive lighting conc...
    26-Mar-2021 News New Products
    Grupo Antolin supplies interior trim components, ambient lighting to new Skoda Auto Kushaq SUV in India
    Grupo Antolin is supplying door panels, headliners, ambient lighting for instrument panels, seat plastic parts, exterior wheel liners, and wheel arch cladding to the new ŠKODA Kushaq compact sports utility vehicle (SUV) in India, Spain-based automotive supplier informed on networking site LinkedIn....
    AutoTechInsight Webinar: Automotive chip shortage - do we ever learn?
    Watch an on-demand replay now  AutoTechInsight Webinar: Automotive chip shortage - do we ever learn? Phil Amsrud and Jeremie Bouchaud will present on the origin of the chip shortage and will explain the specifics of the automotive chip supply chain. IHS Markit will also analyze best pract...
    24-Mar-2021 News Webinars
    Suppliers to the new Toyota Supra
    The fifth-generation 2020 Toyota Supra is assembled at Toyota's facility in Graz #2, Austria. Output of the new version of the sports grand tourer is expected to peak at more than 8,800 units in 2022, according to IHS Markit. If you would like your company included in this feature or the car ...
    AutotechInsight Weekly – 22 March 2021
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    Indian supplier UNO Minda Group realigns business domains
    Indian supplier UNO Minda is realigning its business domains to be future-ready, according to a regulatory filing by the company on 15 March. The company has been working on ‘Organization & Business Transformation’ project for last few months in partnership with a global consulting firm. The...
    Suppliers to the new Audi A3
    The fourth-generation 2020 Audi A3 is assembled at Audi's facility in Ingolstadt #1, Germany. Output of the new version of the compact sedan is expected to peak at more than 59,000 units in 2023, according to IHS Markit. If you would like your company included in this feature or the car cutaw...
    AutotechInsight Weekly – 15 March 2021
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    AutoTechInsight Webinar: Augmented reality - A new frontier for automotive head-up displays
    Watch an on-demand replay now  AutoTechInsight Webinar: Augmented reality: A new frontier for automotive head-up displays This webinar will provide context by reviewing the global trends driving the market for head-up displays. Trends will be considered amongst the backdrop of curren...
    10-Mar-2021 News Webinars
    ams, Osram commence operations as one company
    Austrian sensor specialist ams AG has announced that the Domination and Profit and Loss Transfer Agreement (DPLTA) between ams Offer GmbH, a wholly owned subsidiary of ams, and Germany-based OSRAM Licht AG became effective 3 March 2021. According to an ams press release, ams and OSRAM are now operat...
    Nissan recalls 854,113 vehicles in North America over brake light issue
    Nissan is recalling 854,113 vehicles in North America over brake light issue, according to a report by Automotive News Canada on 9 March 2021. The recall involves certain model year (MY) 2016–19 Sentra compact sedans, covering 807,376 vehicles in the United States and 46,737 in Canada. Signific...
    10-Mar-2021 News Recalls
    AutoTechInsight Weekly – 8 March 2021
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    Hyundai Mobis FY 2020 sales declines 3.7% y/y to USD32.23 billion
    Hyundai Mobis has reported 3.7% year-over-year (y/y) decline in sales to KRW36.63 trillion (USD32.23 billion) in the financial year ended 31 December 2020, the company said in a regulatory filing. Operating profit fell by 22.4% y/y to KRW1.83 trillion. Hyundai Mobis also witnessed 33% y/y drop in pr...
    AutoTechInsight Weekly – 1 March 2021
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    Alps Alpine, Grammer, Harvatek, Osram Continental, and Yanfeng join ISELED alliance
    Five auto parts suppliers have joined the Integrated Serial/Smart Embedded Light Emitting Diode (ISELED) Alliance, ISELED announced in a press release on 25 February 2021. These new members include Alps Alpine, Grammer, Harvatek, OSRAM Continental, and Yanfeng. The alliance currently has 38 companie...
    OSRAM appoints Ingo Bank as CEO
    The Osram Supervisory Board has appointed Ingo Bank as CEO until the end of April 2023, the German company said in a press release on 23 February. Bank will take over the role in addition to his position as chief financial officer (CFO) of majority owner ams. Significance: OSRAM CFO Ingo Bank has...
    Vauxhall wins order for 2,000 Vivaro-e electric vans from British Gas
    Vauxhall has won an order for 2,000 units of Vivaro-e electric vans from British Gas, the company announced in a press release on 22 February. The electric vans are expected to be deployed by the end of 2022. “As with all businesses up and down the country, tradespeople rely on their van as an ess...
    Hyundai Mobis develops new rear lamp system ‘HLED’
    Hyundai Mobis has developed a new rear lamp system called ‘HLED’, can be bent flexibly like a thin film, the South Korean supplier said in a press release on 22 February 2021. Hyundai Mobis claims to be the first company in the world to have developed such a system that can serve as both tail la...
    23-Feb-2021 News New Products
    Magna’s FY 2020 sales declines 17.2% y/y to USD32.65 billion
    Canada-based automotive components and systems supplier, Magna International, has published its financial results for the 2020 fiscal year. According to a press release issued by Magna on 19 February, the company reported sales of USD32.65 billion during FY 2020, which represents a reduction of 17.2...
    Suppliers to the new Renault Captur
    The second-generation Renault Captur is assembled at Renault's facility in Valladolid, Spain. According to IHS Markit production forecasts, output of the new generation Renault Captur from the plant is expected to peak in 2022 at over 229,000 units. If you would like your company included in ...
    AutoTechInsight Weekly – 22 February 2021
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    Moldable optical silicone use gaining traction in LED lighting applications
    There has been growing interest from designers in moldable optical silicones for improving the performance of lamps or luminaires. Recent developments aim to improve the integration of silicone optics into the LED fixture, for instance, by overmolding optical grade silicone onto thermoplastic substr...
    Seeing Machines, ams collaborate to develop VCSEL illumination for interior monitoring system
    Seeing Machines has announced results of an ongoing partnership with Austria-based sensor specialist ams that aims to refine and optimize infrared illumination solutions for interior monitoring, according to a press release on 18 February 2021. ams is a supplier of vertical cavity surface emittin...
    19-Feb-2021 News New Products
    Valeo’s FY 2020 sales down 16% y/y to USD20.2 billion
    Valeo has reported financial results for the fiscal year ended 31 December 2020. According to a company press release dated 18 February 2021, Valeo’s sales declined 16% year-on-year (y/y) to EUR16.4 billion (about USD20.2 billion). The company’s OE sales and aftermarket sales declined 16% and 12...
    AutoTechInsight Webinar: EV Charging Infrastructure: Is vehicle technology the bottleneck?
    Watch an on-demand replay now AutoTechInsight Webinar: EV Charging Infrastructure: Is vehicle technology the bottleneck? With an evident shift towards battery electric vehicles underway within major automotive markets in spite of the global coronavirus pandemic, increased focus is being d...
    17-Feb-2021 News Webinars
    Lumax’s Q3 revenue up 16.4% y/y to USD60.9 million
    Lumax Industries has reported a 16.4% year-on-year (y/y) growth in revenue to INR4.4 billion (USD60.9 million) for the third quarter ended 31 December 2020, according to a regulatory filing by the company on 11 February. Profit before tax amounted to INR352.6 million, up 40% y/y. net profit for the ...
    AutoTechInsight Weekly – 15 February 2021
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    ZKW generates revenue of USD1.25 billion in FY 2020
    ZKW has reported revenue of EUR1.03 billion (USD1.25 billion) in 2020 compared with sales of EUR1.25 billion in 2019, according to a company press release on 11 February. In 2020, the company employed around 10,000 workers. “We were able to maintain production at our locations through a major o...
    Ichikoh’s FY 2020 sales declines 14.4% y/y to USD1.1 billion
    Ichikoh Industries, a Valeo company, has reported a 14.4% year-on-year (y/y) decline in net sales to JPY113.8 billion (USD1.1 billion) for the fiscal year ended 31 December 2020, according to a company press release on 12 February. Net income for the year was JPY2.8 billion, a decline of 45.2% y/y. ...
    Melexis develops new solution for RGB LED-based automotive ambient lighting
    Melexis has developed the MLX81114, a device that enables the growth of RGB LED-based automotive ambient lighting, the company said in a press release on 11 February. It features a memory access protection, which enables anti-theft applications. It also includes on-chip memory, high-output current, ...
    12-Feb-2021 News New Products
    HELLA expects 5–10% growth in sales, adjusted EBIT of at least 8% in medium term
    Global automotive lighting and electronics supplier HELLA has confirmed during its virtual Capital Markets Day on 10 February its medium-term targets despite the increasingly challenging market environment, according to a company press release. The German supplier expects to achieve an annual sales ...
    Varroc’s Q3 revenue grows 24.5% y/y to USD476.6 million
    Varroc Engineering has reported a growth of about 27% year on year (y/y) in revenue from operations to INR34.9 billion (USD476.6 million) for the third quarter ended 31 December 2020, according to a regulatory filing on 9 February. Net loss for the quarter stood at INR1.3 billion compared with net p...
    EIB grants USD727 million loan for Valeo’s R&D projects
    France-based automotive components supplier, Valeo, has been granted a loan of EUR600 million (over USD727 million) by the European Investment Bank (EIB) in order to fund its research and development (R&D) projects. According to a press release issued by Valeo on 10 February, these research proj...
    11-Feb-2021 News Investments
    ams posts 82.5% y/y surge in FY 2020 revenue to USD4.17 billion
    ams has reported an 82.5% year-on-year gain in revenue for fiscal 2020 at USD4.17 billion, according to a company press filing on 9 February. The results included that of OSRAM’s, which the Austrian sensor specialist acquired in July 2020. Net result came in at USD282 million (excluding acquisitio...
    OSRAM reports 3.8% y/y drop in revenue to USD1 billion for Q1 2021
    German lighting major OSRAM Licht AG has reported a 3.8% year-on-year (y/y) drop in revenues to EUR840 million (about USD1 billion) for the first quarter ended 31 December 2021, according to a company press release on 9 February. Adjusted EBITDA grew 42.1% y/y to EUR162 million and EBIDTA margi...
    Suppliers to the new Land Rover Defender
    The second-generation Land Rover Defender is assembled at Land Rover's facility in Nitra, Slovakia. According to IHS Markit production forecasts, output of the new generation Land Rover Defender from the plant is expected to peak in 2021 at over 54,000 units.  If you would like your comp...
    AutoTechInsight Weekly – 8 February 2021
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    SABIC develops new resin family for automotive LED
    SABIC has developed a new portfolio of high-flow LEXAN™ polycarbonate (PC) resins for automotive lighting bezels, the company announced in a press release on 1 February. The new PC enables manufacturers to create complex geometries and integrate more features, which SABIC said were not possib...
    05-Feb-2021 News New Products
    OSRAM sells plant in Bulgaria to Sanmina
    German lighting supplier OSRAM has sold its plant near Plovdiv in Bulgaria to US-based electronics manufacturer Sanmina Corp., according to a report by SeeNews on 4 February. The plant located in the Bulgarian city of Plovdiv makes digital lighting components. The plant employs around 800 peopl...
    Volkswagen ID.4 features intelligent lighting that communicates with passengers
    Volkswagen (VW) ID.4 electric vehicle (EV) features intelligent lighting that can communicate with its passengers, the automaker announced in a press release on 3 February. Standard on all ID.4 models, the ID. Light is a thin line of 54 multi-colored LEDs at the bottom of the windshield behind the c...
    04-Feb-2021 News New Products
    POLICY: Indian government raises basic custom duty on certain auto parts to 15%
    The Indian government has proposed to increase basic custom duty on import of certain auto parts including ignition wiring set, safety glass and parts of signaling equipment to 15%, effective on 2 February, the Press Trust of India reported. Earlier these auto parts were attracting basic custom duty...
    AutoTechInsight Weekly – 1 February 2021
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    Nissan recalls nearly 354,000 vehicles globally over brake light switch defect
    Nissan is recalling more than 354,000 vehicles globally over brake lights issue, Associated Press reported on 28 January. The recall covers certain Pathfinders from the 2013 through 2015 model years. Some of these vehicles are being recalled for a second time over the same issue. The model year (MY)...
    29-Jan-2021 News Recalls
    Hella develops LED headlamp systems for BMW 5-Series
    HELLA has developed an advanced software-based matrix LED headlamp system for the new BMW 5-Series, announced in a company press release on 27 January 2021. According to HELLA, the new lighting system enables safety and comfort-relevant functions such as adaptive, glare-free high beam. The i...
    28-Jan-2021 News New Products
    Osram announces Q1 preliminary results, revenues reach EUR840 million
    German lighting supplier Osram has announced preliminary first quarter figures. According to a company press release on 26 January 2021, the company’s revenue for the first quarter ended 31 December remained stable year-on-year (y/y) at EUR840 million (USD1 billion). Adjusted EBITDA increased by 4...
    AutoTechInsight Weekly – 25 January 2021
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    IHS Markit expects major shifts in demand trends for lighting technologies in the new decade
    IHS Markit anticipates a strong demand for advanced lighting solutions in 2021 despite some challenges posed by the ongoing COVID-19 pandemic. Although, there are likely to be a few cancellations and delays in projects in the next couple of years, the industry has plenty of new technologies under de...
    HELLA to use micro-optics technology in rear combination lamps
    The lighting and electronics specialist HELLA has launched ‘FlatLight’ technologies, which is a new lighting innovation for rear combination lamps that combines functionality and design, the Germany-based company said in a press release 20 January 2021. According to the company, the HELLA Fla...
    21-Jan-2021 News New Products
    AutoTechInsight Webinar: 2021 CES Recap & Auto Tech Outlook
    Watch an on-demand replay now AutoTechInsight Webinar: 2021 CES Recap & Auto Tech Outlook Annually, the IHS Markit Automotive Supply Chain & Technology team hosts post CES webinars focused on how the automotive technology trends of the connected car, autonomous driving, mobility, ...
    20-Jan-2021 News Webinars
    ACQUISITION: Motherson Sumi to acquire majority stake in Turkey-based Plast Met Group
    Samvardhana Motherson Automotive Systems Group BV (SMRPBV) is acquiring a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul)—together known as Plast Met group (Turkey)—through its subsidiary Samvardhana Motherson Reflecte...
    HELLA’s first half 2020 sales decline 6.4% y/y to USD3.7 billion
    Electronics and lighting expert HELLA has announced results for the first six months of the current fiscal year 2020/2021 (1 June to 30 November 2020), according to a company press release on 14 January 2021. HELLA said key performance indicators reveal good business development overall and confirm ...
    AutoTechInsight Weekly – 18 January 2021
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    Valeo reports preliminary results for Q4 2020; total sales amount to USD6.1 billion
    Valeo has reported preliminary results for the fourth quarter of 2020, according to a company press release on 14 January. Despite the acceleration of the second wave of the COVID-19 pandemic, Valeo recorded like-for-like growth in OE sales of 5.3% in the fourth quarter of 2020 to EUR4.2 billio...
    Suppliers to the new Toyota Corolla
    The twelfth-generation Toyota Corolla is assembled at Toyota's facility in Tupelo, United States. According to IHS Markit production forecasts, output of the new generation Toyota Corolla from the plant is expected to peak in 2022 at over 160,000 units. If you would like your compan...
    CES 2021: Grupo Antolin showcases two concept cars highlighting interior innovations
    Grupo Antolin is exhibiting two new virtual Concept Cars, representing the company’s vision of the car interior of the future, as well as its latest innovative solutions, at all-digital CES 2021, according to a company press release on 12 January. In addition, Grupo Antolin is showcasing a range o...
    14-Jan-2021 News New Products
    COVID-19 pandemic: Mainland China imposes lockdown in Shijiazhuang city in Hebei province
    Last week, mainland China imposed fresh lockdown in Shijiazhuang, in the northern province of Hebei, after sudden rise in new cases of the COVID-19 pandemic, CNN reported on 8 January. Municipal officials have banned outbound travel for about 11 million residents of Shijiazhuang, except for eme...
    12-Jan-2021 News COVID-19
    AutoTechInsight Weekly – 11 January 2021
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    HELLA develops rear combination lamp for new Polestar 2
    Germany-based automotive lighting and electronics supplier HELLA has developed a highly integrated, continuous rear combination lamp for the new Polestar 2 electric vehicle (EV), according to a company press release on 6 January 2021. The Polestar 2 has been available to customers since summer in&nb...
    07-Jan-2021 News New Products
    Swamy Kotagiri takes over as new CEO of Magna
    Magna has announced that Swamy Kotagiri has taken over as new CEO of the company, effective 1 January 2021, according to a company press release on 4 January. He succeeded Don Walker, who retired at the end of 2020. Kotagiri has been working with Magna for more than two decades now and has served...
    AutoTechInsight Weekly – 4 January 2021
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    SsangYong temporarily suspends production operations at South Korean plant as suppliers refuse supply
    On 23 December, South Korean automaker SsangYong Motors announced plans to suspend operations at its Pyeongtaek plant for next five days (24–28 December) due to disruption of auto parts from its suppliers, Yonhap News Agency reported last week. SsangYong’s five key suppliers, including Hyundai M...
    MY 2022 Chevrolet Bolt EUV electric SUV to feature signature lighting, Super Cruise hands-free driving
    The all-new Chevrolet Bolt EUV electric SUV will feature signature lighting and Super Cruise driver assistance system that enables hands-free driving on compatible roads, the company said on 15 December while revealing the first look of the upcoming compact electric sports utility vehicle (SUV). &nb...
    29-Dec-2020 News New Products
    UK, EU reach post-Brexit Trade and Cooperation Agreement
    The United Kingdom and the European Union (EU) have reached a Trade and Cooperation Agreement (TCA) on 24 December, just a week before the UK will officially exit the 27-nation bloc, according to a press release by the European Commission, the executive arm of the EU. Once ratified by both sides, th...
    AutoTechInsight Weekly – 28 December 2020
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    Volvo explores use of light and sound for autonomous vehicle communication with other road users
    Volvo Cars is researching how autonomous vehicles (AVs) will communicate with other road users in the driverless world. The company is exploring sounds, which can indicate an AV’s intentions to other road users. “What we really need is three or four key sounds that tell you what the car is going...
    24-Dec-2020 News New Products
    Polestar 2 features pixel LED headlights, adaptive rear lighting
    Polestar’s all-electric model Polestar 2 features advanced exterior lighting technology, according to a company press release on 21 December. The model features pixel LED headlights, fitted as standard. They are based on active high-beam technology. The model also has "welcome sequence" ...
    22-Dec-2020 News New Products
    The ISELED Alliance is enabling the next generation of interior lighting
    Intelligent Smart Embedded LED (ISELED) technology is gaining momentum in the industry. The growth of the technology is reflected in the growing and diversified membership of the ISELED Alliance, the goal of which is to offer a comprehensive system solution around ISELED technology. Besides interior...
    AutoTechInsight Weekly – 21 December 2020
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    Continental present realigned strategy; aims mid-term organic growth of 5–8%
    Continental presented its realigned strategy as parts of its virtual ‘Capital Market Days 2020,’ held between 8 to 16 December 2020, the company said in a press release. As part of the realigned strategy, the Germany based supplier aims to achieve annual organic growth of around 5 to 8% on avera...
    EIB to provide USD182.6 million funding to Austrian lighting supplier ZKW Group
    The European Investment Bank (EIB) will provide EUR150 million (USD182.6 million) funding to Austrian supplier ZKW Group GmbH, EIB announced in a press release on 16 December. ZKW is a leading automotive supplier that develops and manufactures innovative premium lighting systems and electronic modul...
    17-Dec-2020 News New Products
    Suppliers to the new Subaru Legacy
    The seventh-generation Subaru Legacy is assembled at Subaru's facility in Lafayette #1, United States. According to IHS Markit production forecasts, output of the new generation Subaru Legacy from the plant is expected to peak in 2021 at over 29,000 units. If you would like your company ...
    AutoTechInsight Webinar: The Rise of Domain Controllers in the Next Decade
    Watch an on-demand replay now AutoTechInsight Webinar: The Rise of Domain Controllers in the Next Decade Domain controllers are a breed of power ECU that has emerged in the past few years, e.g. with Aptiv’s ZFAS Autonomy Domain Controller (ADC) equipping the Audi A8 in 2017 or Visteon...
    16-Dec-2020 News Webinars
    AutoTechInsight Weekly – 14 December 2020
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    Varroc acquires partner’s stake in Romanian JV Varroc-Elba
    VarrocCorp Holding B.V. (VCHBV), a wholly owned subsidiary of Varroc, has acquired the balance 30% stake in Romanian joint venture (JV) Varroc-Elba Electronics S.R.L held by the other JV partner, ELBA SA, according to a filing by Varroc with BSE on 9 December. The deal is valued at EUR1.05 million (...
    CES 2021: Koito to exhibit advanced lighting products
    Koito Manufacturing, in collaboration with its subsidiary North American Lighting Inc, will exhibit advanced lighting products at CES 2021, which will be held digitally from 11 January 2021, according to a company press release on 8 December. Koito said its ‘Sensor Lighting Solution’ concept wil...
    09-Dec-2020 News New Products
    HELLA announces preliminary Q2 results; sales rise 4.4% y/y
    German electronics and lighting expert HELLA has announced preliminary second quarter results ended 30 November 2020. According to a company press release on 7 December, HELLA’s currency- and portfolio-adjusted sales increased by 4.4% year-on-year (y/y) to around EUR1.8 billion (USD2.1 billion). A...
    AutoTechInsight Weekly – 7 December 2020
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    Osram unveils white LED family for automotive ambient lighting
    Osram Opto Semiconductors has unveiled white LED family—Ostune LED family—for automotive ambient lighting, according to a company press release on 2 December. The first two products in Ostune LED family cover a wide color temperature range and enable OEMs to offer distinctive light variants f...
    03-Dec-2020 News New Products
    Osram CEO Olaf Berlien to step down in February 2021
    Osram Licht AG CEO Olaf Berlien will step down from his post by the end of February 2021, according to a company press release on 1 December. Osram is making changes to its Management Board to align with its new management structure as part of the ams Group. The Supervisory Board will therefore e...
    AutoTechInsight Weekly – 30 November 2020
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    Grupo Antolin Q3 sales declines 9.6% y/y to USD1.24 billion
    Grupo Antolin’s sales declined 9.6% year over year (y/y) to EUR1.06 billion (USD1.24 billion) in the third quarter ended 30 September 2020, the Spain-based automotive supplier said in a press release 25 November. Despite the drop in sales, the company’s EBITDA increased 12.7% y/y to EUR91.4...
    AutoTechInsight Weekly – 23 November 2020
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    Mercedes-Maybach S-Class features DIGITAL LIGHT technology
    The Mercedes-Maybach S-Class model features headlamps with ‘DIGITAL LIGHT’ technology, the automaker announced in a press release. The model will offer this technology as optional. This headlamp technology enables new functions, such as the projection of guidelines or warning symbols onto the ro...
    23-Nov-2020 News New Products
    HELLA wins new business for car body lighting
    German lighting and electronics expert HELLA has secured many orders for car body lighting from premium and volume car manufacturers, the company announced in a press release on 19 November 2020. The company received an order from a German premium manufacturer to integrate a "design character line" ...
    Suppliers to the new BMW X7
    The first-generation BMW X7 is assembled at BMW's facility in Kaliningrad, Russia. According to IHS Markit production forecasts, output of the new generation BMW X7 from the plant is expected to peak in 2021 at over 2,200 units. If you would like your company included in this feature or ...
    German government to provide additional USD3.56 billion support for auto industry
    The German government has announced that it will be providing a further EUR3 billion (approximately USD3.56 billion) in support to the German automobile industry, which has been struggling. According to a report filed by Germany-based news channel Deutsche Welle on 18 November, this will bring the t...
    INTERVIEW: Yann Tissot, CEO of L.E.S.S.
    Founded in 2012 in Switzerland, Light Efficient Systems (L.E.S.S. ) offers versatile lighting solutions using its novel nano-active fiber technology, which the company claims to be a disrupting alternative to the LED technology setting a new standard of lighting quality. It generates high quality li...
    17-Nov-2020 News Interviews
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