Automotive industry company news
Carmakers open up wounds by complaining to authorities, says SupplierBusiness. But did parts makers engage in illegal collusion or was it a natural evolution of business strategy?
Mentor Graphics is a major supplier of software tools that help engineers design electronic systems and components. Headquartered in Oregon, US, Mentor generates annual revenues of some US$1bn. Its tools are involved in the design of almost every electronic gadget you can think of. To find out about its automotive business, Matthew Beecham spoke to Martin O’Brien, General Manager, Integrated Electrical Systems Division Mentor Graphics.
Sarwant Singh, Automotive & Transportation Practice Director at Frost & Sullivan talks to Dr Seubert, VP of Advanced Development at Hella about a range of R&D issues defining the European automotive industry.
Leoni has secured two follow-up orders from PSA Groupe with a total lifetime sales volume of EUR500m (US$555m).
Leoni says it will present a pyrotechnical switch that can be directly integrated in power distribution devices as well as pre-fuse boxes - and without additional contact points and fastening components at next month's IAA show in Frankfurt.
Leoni has opened its fifth wiring systems factory China on 12 August. The facility located in Tieling, northern China will develop and manufacture products for several vehicle models of the company's new customer BMW Brilliance Automotive (BBA)
Leoni says it is increasingly offering preformed cable harnesses for passenger cars and is to showcase the technology at the forthcoming International Motor Show (IAA) in Frankfurt.
Leoni has recorded a year-on-year sales increase of more than 13% to EUR1.2bn (US$1.3bn) in the second quarter of 2015.
Hyundai Motor has given Leoni its first wiring systems order in Europe.
Leoni has reported second quarter net income up 27% to EUR29.9m (US$40m), with consolidated sales rising 3.5% year on year to EUR2.039bn in the first six months of 2014, reaching EUR2bn at the half-year mark for the first time.
Leoni has officially opened its fourth wiring systems plant in China, this one supplying Beijing Benz Automotive, the joint venture between Daimler and BAIC.
Leoni, a European provider of cables and cable systems to the automotive sector and other industries, will display a collection of innovative solutions at IAA 2013 focusing on weight reduction.
European Commission (EC) authorities have fined four major automotive component producers a total of EUR141.8m (US$182m) for operating wire harness cartels to Toyota, Honda, Nissan and Renault.
Cable specialist Leoni says it has generated a new sales high in its 2012 financial year.
Automotive cables supplier Leoni AG has achieved the highest increase in shareholder value of all stock market listed companies in the European automotive supplier industry.
Auto wiring supplier Leoni expects higher sales this year though expansion will slow. In fiscal 2011, earnings more than doubled on strong sales growth and the company increased its dividend.
Cables and cable systems provider Leoni has opened another production facility in Jining, China in an investment worth EUR23m (US$31.6m) to manufacture wiring systems.
Auto cable maker Leoni booked full year earnings before interest and taxes (EBIT) of about EUR131m compared with a previous yearloss of EUR116m), beating its target of EUR120m. This was including Q4 restructuring charges.
Leoni has acquired the US-based fibre optics group RoMack as it restarts acquisition activities it suspended at the start of the financial crisis.
Global light vehicle wiring market - forecasts to 2031
This QUBE report from just-auto provides a comprehensive overview of the global OE automotive electrical wiring (EDS) sector, major suppliers, top markets, technology trends and market size forecasts....
Global Automotive Wiring Harness Market 2014-2018
About Automotive Wiring Harness An automotive wiring harness is an assemblage of cables or wires used in automobiles for transferring signals or electric power. It is also known as a wiring loom for a...
Automotive Wiring Harness Market in the APAC Region 2015-201
An automotive wiring harness, usually the last component to be finalized on a vehicle prototype, is an assemblage of cables or wires used in automobiles to transfer signals or electric power. It is al...
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