ThyssenKrupp


All the very latest information about ThyssenKrupp AG in one place. The latest ThyssenKrupp AG business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest insights


VEHICLE ANALYSIS: 2014 Peugeot RCZ R

21 October 2014

Audi, or Peugeot? No contest. But what if the question is instead TT or RCZ R? Trickier. It would be ironic if PSA's cost cutting means this beautiful coupe won't have a replacement as the RCZ is already a successful, high-priced Peugeot.


Joining technologies for BIW

29 February 2012

In the final part of this three-part series looking at the trends in global manufacturing, Julian Buckley examines the different joining methods available to carbody specialists to determine if traditional spot welding has had its day

Latest news


Thyssenkrup sells CSA to Ternium for EUR1.5bn

22 February 2017

Thyssenkrupp has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil to Ternium for a purchase price (enterprise value) of EUR1.5bn (US$1.6bn).


just-auto Plus only Thyssenkrupp Q1 2016/17 sales up 6%

9 February 2017

Good start to the new fiscal year for the industrial and technology Group Thyssenkrupp: Order intake, sales and earnings in Q1 2016/2017 fiscal year were higher year-on-year. “We achieved the best Q1 adjusted earnings since the start of our Strategic Way...


Thyssenkrupp to build EUR35m Hungary parts site

6 February 2017

Thyssenkrupp is to build a EUR35m (US$38m) automotive and components plant in the Hungarian city of Debrecen, producing more than 6m coil springs and stabilisers per year and creating around 250 new jobs by 2020.


Thyssenkrupp ups investment in China

23 January 2017

Thyssenkrupp is further expanding its automotive components business in China. The industrial group plans to build a new plant for springs and stabilisers in the Chinese city of Pinghu


Thyssenkrupp breaks ground for new test centre

23 January 2017

Thyssenkrupp has broken ground for construction of a EUR15m (US$16m) new steering technology test and development centre in Liechtenstein at its steering business headquarters in Eschen, with completion slated for the first half of 2019.


Thyssenkrupp builds new steering factory in China

12 December 2016

Thyssenkrupp has announced it is currently building what it claims is "one of the world’s biggest production sites for steering technology" in Changzhou, China.


Thyssenkrupp posts EUR261m income for FY2015/16

25 November 2016

Thyssenkrup has posted net income for 2015/16 fiscal year of EUR261m (US$275m) (prior year EUR268m), while net income attributable to the shareholders came to EUR296m (prior year EUR309m).


just-auto Plus only Thyssenkrupp Industrial Solutions CEO steps down

11 November 2016

Jens Michael Wegmann on 10 November 2016 informed the Executive Board of Thyssenkrupp AG that he is standing down as CEO of the Industrial Solutions business area with immediate effect and leaving the company. “I made a mistake which I greatly regret...


Seven companies in new Audi supplier park

3 October 2016

A just-in-sequence (JIS) supplier park next to Audi's new plant in San José Chiapa, Mexico, opened officially on Saturday, is home to an initial seven suppliers and will create about 1,000 jobs.


just-auto Plus only Thyssenkrupp Asia Pacific appoints new CEO

15 August 2016

Vivek Bhatia (38) will become the new CEO of Thyssenkrupp Asia Pacific effective 1 October 2016. He succeeds Dr. Stefan Schmitt (40), who will move to Thyssenkrupp as head of human resources strategy effective 1 October 2016. Vivek Bhatia has been head of...


just-auto Plus only Thyssenkrupp posts Q3 2016 net income of EUR124m

12 August 2016

The capital goods businesses and the efficiency programme “impact” continue to be the stabilising factors for the industrial and technology group Thyssenkrupp in the current fiscal year. Both the components and elevator businesses again recorded...


just-auto Plus only Thyssenkrupp expands EU network with El Puig site

28 July 2016

In July 2016 Thyssenkrupp Materials Processing Europe acquired its former investee company Thyssen Ros Casares in southeastern Spain. The Krefeld-based processing specialist is systematically pursuing its growth strategy with the integration of the site in El...


just-auto Plus only Thyssenkrupp announces top management changes

14 July 2016

Michael Höllermann and Johan P. Cnossen are to join the management board of the industrial solutions business area effective 1 August, 2016. Michael Höllermann (51), CEO of the regional headquarters South America since 2012, will be the new chief...


just-auto Plus only Thyssenkrupp Steel-Service-Centre group renamed

5 July 2016

Effective 1 July, 2016 Thyssenkrupp’s Steel-Service-Centre group has been renamed Thyssenkrupp Materials Processing Europe. The new name for the processing specialist reflects its wide-ranging materials expertise in the areas of carbon steel, stainless...


Thyssenkrupp plans further investment in Mexico

30 June 2016

The industrial and technology group Thyssenkrupp continues to invest in Mexico.


Thyssenkrupp now sole owner of CSA in Brazil

2 June 2016

Thyssenkrupp says it is now the sole owner of Brazilian steel mill, Thyssenkrupp CSA.


just-auto Plus only Thyssenkrup Germany appoints new chief information officer

1 June 2016

Martin Hölz takes over as head of the corporate function Group Processes and Information Technology (GPI) at Thyssenkrupp on 1July, 2016. He will also assume the position of chief information officer (CIO) for the Thyssenkrupp Group. GPI is responsible...


just-auto Plus only Donatus Kaufmann's contract with Thyssenkrupp board extended

25 May 2016

The supervisory board of Thyssenkrupp has extended the contract of Dr. Donatus Kaufmann (53), member of the executive board responsible for legal and compliance, by five years to 31 January, 2022. Dr. Kaufmann has been a member of the executive board since...


just-auto Plus only Thyssenkrupp announces organisational changes

17 May 2016

Thyssenkrupp is continuing its strategic way forward by reorganising the management structure of its steel Europe and industrial solutions business areas. The organisational changes will put customers and markets more firmly at the centre, also reflecting...


Thyssenkrup records EUR9m first half net loss

11 May 2016

Thyssenkrupp has posted a EUR9m (US$10.3bn) net loss for the first half of this year, citing a "sharp downturn" in the environment for materials businesses.


Thyssenkrupp to build Germany ladle furnace

25 April 2016

Thyssenkrupp’s steel division has awarded contracts for the construction of a ladle furnace in Duisburg, allowing the manufacturer to expand its product portfolio to include high-alloy grades.


just-auto Plus only Thyssenkrupp awards contracts for construction of Duisburg ladle furnace

25 April 2016

Thyssenkrupp’s steel division has awarded contracts for the construction of a ladle furnace in Duisburg. The new furnace will allow the steelmaker to expand its product portfolio to include high-alloy grades. Demand for these special steels is rising,...


just-auto Plus only Thyssenkrup repurchases Vale's shares of Brazilian CSA

7 April 2016

Thyssenkrupp is streamlining the ownership structure of the Brazilian steel mill Thyssenkrupp CSA and purchasing all the shares currently held by Vale (26.87%). Thyssenkrupp will thus become the sole owner of CSA. The shares are being acquired for a symbolic...


Thyssenkrupp India appoints Ravi Kirpalani as CEO

9 March 2016

Thyssenkrupp says Ravi Kirpalani will become its India division CEO from 14 March and take charge as head of the regional headquarters, effective 1 July.


just-auto Plus only Thyssenkrupp increases investment in its second Changzhou facility

4 March 2016

On 23 February 2016, Germany-based ThyssenKrupp signed a binding agreement to increase the investment in its second facility in Changzhou, China by US$35m. The additional funding will be used to bring in the cold forging process needed to produce parts used in...


Thyssenkrupp to start Hungary engine plant

26 February 2016

Thyssenkrupp says it will establish a new EUR100m (US$110m) plant for engine components and steering systems in Jászfényszaru, 70km kilometres east of Budapest.


ThyssenKrupp to build new plant in Hungary

23 February 2016

ThyssenKrupp is to build a new automotive components plant in Hungary. The company will invest around EUR100m in a new production site for engine components and steering systems.


Thyssenkrupp books major steering orders

3 December 2015

Thyssenkrupp says it has won major steering orders from German and international car makers. They cover the development and production supply of electronic power-assisted steering systems for some of the OEMs’ biggest model platforms. In total up to 3m steering systems are to be supplied a year under the orders, representing total sales of around EUR4.5bn.


just-auto Plus only GERMANY: Thyssenkrupp’s net income increases by 37% in fiscal year 20142015

20 November 2015

Thyssenkrupp further enhanced its performance in the 2014/2015 fiscal year and again achieved significant improvements in its main financial indicators. Adjusted EBIT from continuing operations climbed by 26% to around EUR1.7bn (US$1.81bn) and was thus at the...


ThyssenKrupp opens new Shanghai plant

13 November 2015

ThyssenKrupp System Engineering has opened a new plant in Chuansha, South-Eastern Shanghai.

ThyssenKrupp news

Thyssenkrup sells CSA to Ternium for EUR1.5bn

22 February 2017

Thyssenkrupp has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atl&...


just-auto Plus only Thyssenkrupp Q1 2016/17 sales up 6%

9 February 2017

Good start to the new fiscal year for the industrial and technology Group Thyssenkrupp: Order int...


Thyssenkrupp to build EUR35m Hungary parts site

6 February 2017

Thyssenkrupp is to build a EUR35m (US$38m) automotive and components plant in the Hungarian city...


Thyssenkrupp ups investment in China

23 January 2017

Thyssenkrupp is further expanding its automotive components business in China. The industrial gro...


Thyssenkrupp breaks ground for new test centre

23 January 2017

Thyssenkrupp has broken ground for construction of a EUR15m (US$16m) new steering technology test...


Thyssenkrupp builds new steering factory in China

12 December 2016

Thyssenkrupp has announced it is currently building what it claims is "one of the world'...



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