ihs automotive - sae international · 2014. 4. 4. · supplierbusiness the european automotive...

SupplierBusiness

The European Automotive Supplier Report

2014 edition supplierbusiness.com

Regional Report

IHS Automotive

2014 edition 2 © 2014 IHS

IHS Automotive SupplierBusiness | The European Automotive Supplier Report

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ContentsChapter 1: Economics of the automotive industry in Europe ................................................................................... 9

Europe’s macroeconomic overview .......................................................................................................................... 9Note ............................................................................................................................................................................. 9Economic Review ....................................................................................................................................................... 10Economic Outlook ...................................................................................................................................................... 10

European light vehicle sales review and outlook .................................................................................................. 13Current Status ............................................................................................................................................................ 13Rising stars and meteors ............................................................................................................................................ 13Volume carmakers’ pricing wars ................................................................................................................................. 14Market launch strategy of volume carmakers ............................................................................................................. 14Other regions help ...................................................................................................................................................... 15Outlook and segmentation shifts ................................................................................................................................ 15Potential headwinds ................................................................................................................................................... 15Replacement demand ................................................................................................................................................ 16

European Light vehicle production review and outlook ...................................................................................... 17Boom-bust cycles and overcapacity ...........................................................................................................................17Structural changes ..................................................................................................................................................... 18FTAs: good or bad for Europe? .................................................................................................................................. 19Bright spots in Western Europe .................................................................................................................................. 21Europe at the forefront of global modular platform trend ............................................................................................ 21

Chapter 2: OEMs’ activity and supplier management ............................................................................................. 23Overview of European OEMs’ activity and supply base management .............................................................. 23

Similar issues, similar outcomes ................................................................................................................................. 23OEMs looking east ..................................................................................................................................................... 23

Chapter 3: OEM Overview ............................................................................................................................................ 27Volkswagen ................................................................................................................................................................. 27Renault-Nissan ........................................................................................................................................................... 28PSA – Peugeot Citroën .............................................................................................................................................. 29Ford ............................................................................................................................................................................. 31Daimler ........................................................................................................................................................................ 32BMW ............................................................................................................................................................................ 33General Motors .......................................................................................................................................................... 34Chrysler Fiat ............................................................................................................................................................... 36Hyundai-Kia ................................................................................................................................................................ 37AvtoVAZ ....................................................................................................................................................................... 38Other OEMs ................................................................................................................................................................ 38

Chapter 4: Recent developments and outlook for the European supply base ..................................................... 40Limited action on overcapacity ................................................................................................................................ 40

German supply base .................................................................................................................................................. 40French supply base .................................................................................................................................................... 42



UK supply base .......................................................................................................................................................... 42Spanish & Italian supply bases ................................................................................................................................... 42New patterns in the shift to east ................................................................................................................................. 43R&D being cautiously relocated .................................................................................................................................. 44Top-25 suppliers ........................................................................................................................................................ 44

Chapter 5: Financial review of European suppliers and M&A activity ................................................................... 47M&A Activity ............................................................................................................................................................... 48

Chapter 6: Supplier profiles ......................................................................................................................................... 50Aisin Seiki ................................................................................................................................................................... 50Alcoa ............................................................................................................................................................................ 52Alfa ............................................................................................................................................................................... 55Alfmeier ....................................................................................................................................................................... 57Allgaier ........................................................................................................................................................................ 58Alps Electric ............................................................................................................................................................... 60Amtek Auto ................................................................................................................................................................. 63A Raymond ................................................................................................................................................................. 65ArcellorMittal .............................................................................................................................................................. 68Asahi Glass ................................................................................................................................................................. 72Autoliv ......................................................................................................................................................................... 75

Manufacturing Plants.................................................................................................................................................. 81R&D Addresses .......................................................................................................................................................... 90Map ........................................................................................................................................................................... 91

BASF ............................................................................................................................................................................ 92Bayer ........................................................................................................................................................................... 98Behr ........................................................................................................................................................................... 103Bekaert ...................................................................................................................................................................... 108Benteler ......................................................................................................................................................................111

Manufacturing Plants.................................................................................................................................................114R&D Addresses ........................................................................................................................................................ 120Map ..........................................................................................................................................................................121

Bharat Forge ............................................................................................................................................................. 122Borbet ........................................................................................................................................................................ 124Borealis ..................................................................................................................................................................... 126Borgers ..................................................................................................................................................................... 131BorgWarner .............................................................................................................................................................. 133

Manufacturing Plants.................................................................................................................................................137Map ......................................................................................................................................................................... 138

Bosal .......................................................................................................................................................................... 139Bosch ........................................................................................................................................................................ 141

Manufacturing Plants................................................................................................................................................ 155R&D Addresses .........................................................................................................................................................171Map ..........................................................................................................................................................................175

Boysen ....................................................................................................................................................................... 176Brembo ...................................................................................................................................................................... 178Brose ......................................................................................................................................................................... 182Calsonic Kansei ....................................................................................................................................................... 186

Manufacturing Plasnts .............................................................................................................................................. 188R&D Addresses ........................................................................................................................................................ 189Map ......................................................................................................................................................................... 190

Carcoustics .............................................................................................................................................................. 191CIE Automotive ........................................................................................................................................................ 192Continental ............................................................................................................................................................... 195



Manufacturing Plasnts .............................................................................................................................................. 209R&D Addresses .........................................................................................................................................................241Map ......................................................................................................................................................................... 252

Cooper Standard ..................................................................................................................................................... 253CRH ........................................................................................................................................................................... 256Cummins ................................................................................................................................................................... 258Dana .......................................................................................................................................................................... 261

Manufacturing Plants................................................................................................................................................ 264Map ......................................................................................................................................................................... 265

Delphi ........................................................................................................................................................................ 266R&D Addresses ........................................................................................................................................................ 272

Dow Chemical .......................................................................................................................................................... 273Draxlmaier ................................................................................................................................................................ 276DuPont ...................................................................................................................................................................... 279Dura Automotive ...................................................................................................................................................... 282Eaton ......................................................................................................................................................................... 283Eberspächer ............................................................................................................................................................. 287Edscha....................................................................................................................................................................... 292Eisenwerk Bruhl ....................................................................................................................................................... 294ElringKlinger .............................................................................................................................................................296Emitec ....................................................................................................................................................................... 301Evonik ........................................................................................................................................................................ 303Exide Technologies .................................................................................................................................................308Faurecia .................................................................................................................................................................... 310

Manufacturing Plants.................................................................................................................................................317R&D Addresses ........................................................................................................................................................ 345Map ......................................................................................................................................................................... 348

Federal-Mogul .......................................................................................................................................................... 349Fiamm ........................................................................................................................................................................ 354Ficosa ........................................................................................................................................................................ 356Flextronics ................................................................................................................................................................360Freescale Semiconductor ....................................................................................................................................... 362Freudenberg ............................................................................................................................................................. 367Fritz Winter ............................................................................................................................................................... 373FS Fehrer ................................................................................................................................................................... 374Futuba ....................................................................................................................................................................... 376Gentex ....................................................................................................................................................................... 378Georg Fischer ...........................................................................................................................................................380Gestamp Corporation .............................................................................................................................................383Getrag .......................................................................................................................................................................386GKN ...........................................................................................................................................................................389

Manufacturing Plants................................................................................................................................................ 395R&D Addresses ........................................................................................................................................................ 409Map ..........................................................................................................................................................................410

Goodyear ...................................................................................................................................................................411Grammar ................................................................................................................................................................... 414Grupo Antolin ............................................................................................................................................................417GS Yuasa ................................................................................................................................................................... 420Guardian ................................................................................................................................................................... 423


Haldex ....................................................................................................................................................................... 427Hankook Tire ............................................................................................................................................................430Harman ...................................................................................................................................................................... 432



HBPO ......................................................................................................................................................................... 435Hella ........................................................................................................................................................................... 437

Manufacturing Plants................................................................................................................................................ 443R&D Addresses ........................................................................................................................................................ 447Map ......................................................................................................................................................................... 448

Henkel ....................................................................................................................................................................... 449Henniges Automotive .............................................................................................................................................. 452Hirschmann .............................................................................................................................................................. 454Hirschvogel ............................................................................................................................................................... 455Hitachi ....................................................................................................................................................................... 457HOERBIGER ............................................................................................................................................................. 460Honeywell ................................................................................................................................................................. 463HP Pelzer .................................................................................................................................................................. 466Hutchinson ............................................................................................................................................................... 467Hydro Aluminium ..................................................................................................................................................... 468IAC ............................................................................................................................................................................. 472

Manufacturing Plants.................................................................................................................................................475R&D Addresses ........................................................................................................................................................ 487Map ......................................................................................................................................................................... 488

Ibiden ......................................................................................................................................................................... 489IEE .............................................................................................................................................................................. 491Inalfa .......................................................................................................................................................................... 493Inergy ........................................................................................................................................................................ 495Infinenon ................................................................................................................................................................... 497Isringhausen Europe ............................................................................................................................................... 502Johnson Controls .................................................................................................................................................... 504Johnson Electric ......................................................................................................................................................509JTEKT ........................................................................................................................................................................ 512

Manufacturing Plants.................................................................................................................................................514R&D Addresses .........................................................................................................................................................515Map ..........................................................................................................................................................................516

Keihin......................................................................................................................................................................... 517Kiekert ....................................................................................................................................................................... 519Knorr-Bremse .......................................................................................................................................................... 521


Koito .......................................................................................................................................................................... 532Kongsberg Automotive ........................................................................................................................................... 534Kostal ........................................................................................................................................................................538Kroschu ..................................................................................................................................................................... 540Kumho Tires ............................................................................................................................................................. 541KYB ............................................................................................................................................................................ 543Lear ............................................................................................................................................................................ 545


Lé Belier .................................................................................................................................................................... 553Leoni .......................................................................................................................................................................... 555Linamar ..................................................................................................................................................................... 561Magna ........................................................................................................................................................................ 563Magneti Marelli ........................................................................................................................................................568




MAHLE ......................................................................................................................................................................580Manufacturing Plasnts .............................................................................................................................................. 585R&D Addresses ........................................................................................................................................................ 608Map ......................................................................................................................................................................... 609

MANN + HUMMEL .................................................................................................................................................... 610Maxwell Technologies ............................................................................................................................................. 614Mecaplast ................................................................................................................................................................. 616Meritor ....................................................................................................................................................................... 618Metaldyne ................................................................................................................................................................. 621Miba ........................................................................................................................................................................... 623Michelin ..................................................................................................................................................................... 625Micronas ................................................................................................................................................................... 631Mitsuba ..................................................................................................................................................................... 634Mitsubishi Electric ................................................................................................................................................... 636Molex ......................................................................................................................................................................... 639Mondragon ............................................................................................................................................................... 641Montupet ................................................................................................................................................................... 643Mubea ........................................................................................................................................................................ 645NGK Spark Plug ....................................................................................................................................................... 647NHK Spring ............................................................................................................................................................... 650Novem ....................................................................................................................................................................... 652NSK ............................................................................................................................................................................ 653NTN ............................................................................................................................................................................ 656NXP ............................................................................................................................................................................ 662Osram ........................................................................................................................................................................ 665Otto Fuchs ................................................................................................................................................................668Panasonic ................................................................................................................................................................. 669Parker Hanifin ........................................................................................................................................................... 673Philips ........................................................................................................................................................................ 675Pioneer ...................................................................................................................................................................... 677Pirelli ..........................................................................................................................................................................680PKC ............................................................................................................................................................................685Plastal ........................................................................................................................................................................ 687Plastic Omnium ........................................................................................................................................................689Polytec ...................................................................................................................................................................... 694Preh GmbH ............................................................................................................................................................... 697Prodrive ..................................................................................................................................................................... 699Promens .................................................................................................................................................................... 701Recital. ...................................................................................................................................................................... 703Rehau ........................................................................................................................................................................ 705Remy International .................................................................................................................................................. 707SABIC Innovative Plastics ...................................................................................................................................... 709Saint-Gobain ............................................................................................................................................................. 713Samvardhan Motherson Group .............................................................................................................................. 716Samvardhan Motherson Peguform ....................................................................................................................... 719Sanden ...................................................................................................................................................................... 721Schaeffler ................................................................................................................................................................. 723Scherdel .................................................................................................................................................................... 729Sifcor ......................................................................................................................................................................... 731SKF ............................................................................................................................................................................ 732Sogefi ........................................................................................................................................................................ 737Stadco ....................................................................................................................................................................... 740Stanleyt Electric ....................................................................................................................................................... 742Stoneridge ................................................................................................................................................................ 744



Sumitomo Electric ................................................................................................................................................... 747Takata ........................................................................................................................................................................ 749Tata Steel .................................................................................................................................................................. 752Teksid ........................................................................................................................................................................ 755Tenneco ..................................................................................................................................................................... 756Textron ...................................................................................................................................................................... 759ThyssenKrupp .......................................................................................................................................................... 761TI Automotive ........................................................................................................................................................... 766Timken ....................................................................................................................................................................... 769TMD Friction ............................................................................................................................................................. 771

Manufacturing Plants.................................................................................................................................................774Map ......................................................................................................................................................................... 776

Tomkins ..................................................................................................................................................................... 777Torotrak ..................................................................................................................................................................... 780Tower International .................................................................................................................................................. 783Toyoda Gosei ............................................................................................................................................................ 785Trelleborg .................................................................................................................................................................. 787TRW Automotive ...................................................................................................................................................... 791TT Electronics .......................................................................................................................................................... 795Unipart ...................................................................................................................................................................... 798Valeo .......................................................................................................................................................................... 799Visteon ...................................................................................................................................................................... 807voestalpine ............................................................................................................................................................... 810WABCO ...................................................................................................................................................................... 813

Manufacturing Plants.................................................................................................................................................818R&D Plants ............................................................................................................................................................... 820Map ......................................................................................................................................................................... 821

Webasto .................................................................................................................................................................... 822Manufacturing Plants................................................................................................................................................ 827Map ......................................................................................................................................................................... 832

Woco .......................................................................................................................................................................... 833Woodbridge .............................................................................................................................................................. 835Yazaki ........................................................................................................................................................................ 836Yokohama Rubber ...................................................................................................................................................838Zanini ......................................................................................................................................................................... 840ZF ............................................................................................................................................................................... 842

R&D Addresses ........................................................................................................................................................ 851

FiguresFigure 1: Real GDP Percentage change year on year .............................................................................................. 11Figure 2: Change in the number of unemployed persons (compared to previous month, in,000s), seasonally adjusted ........................................................................................................................................................................ 12Figure 3: Regional sales by country ........................................................................................................................... 16Figure 4: European Regional sales by market ........................................................................................................... 17Figure 5: Light vehicle production in Europe ............................................................................................................ 19Figure 6: Source region of EU27 car parts imports ................................................................................................ 24Figure 7: Major extra-EU trading partners for car parts for European Union members ..................................... 26Figure 8: German Parts & accessories of motor vehicles exports based on ITC calculations ........................... 41



TablesTable 1: Imports of car parts in billion Euros and % CAGR ..................................................................................... 24Table 2: Major extra-EU trading partners for car parts for European Union members ....................................... 25Table 3: Volkswagen European produciton ............................................................................................................... 27Table 4: Renault Nissan European production .......................................................................................................... 28Table 5: Peugeot Citroën European Production ....................................................................................................... 29Table 6: Ford European production ............................................................................................................................ 31Table 7: Daimler European production....................................................................................................................... 32Table 8: BMW European production ........................................................................................................................... 33Table 9: General Motors European production ......................................................................................................... 34Table 10: Chrysler Fiat European Production ........................................................................................................... 36Table 11: Hyundai-Kia European production ............................................................................................................. 37Table 12: List of selected supplier investments in central and eastern Europe ................................................... 43Table 13: Top 25 European Automotive suppliers by 2012 automotive sales ........................................................ 45Table 14: Pre-tax margin for selected European-headquartered suppliers in 2012 and 2011 (by supplier size) ..47Table 15: Pre-tax margin for selected European-headquartered suppliers in 2012 (by country) ....................... 47Table 16: Key M&A Activity involving North American suppliers in 2012 and 2013 .............................................. 48

ihs automotive - sae international · 2014. 4. 4. · supplierbusiness the european automotive...

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