General Information

In a key leadership transition, the Supervisory Board of ZF Friedrichshafen have elected Dr. Rolf Breidenbach as their new Chair, effective 19 March 2025.The decision marks a strategic move to ensure long-term leadership continuity as ZF continue transforming within the evolving automotive landscape.Breidenbach, a seasoned automotive industry expert and former CEO of Hella, has been…

In 2024, Valeo achieved their profitability and cash generation objectives, recording sales of €21,492m, down 0.5 per cent like-for-like, and operating margin up 9.7 per cent to €919m, representing 4.3 per cent of sales (up 0.5 percentage points year-on-year), in line with guidance.48 per cent of the global business is done in Europe & Africa…

During Circular economy Expo in Japan, the Japanese Government strongly promoted resource circularity policies. Because Japan is a resource-poor country, circularity really matters. Shogo Tanaka, from the Ministry of Economy, Trade, and Industry, made points including:The movement towards commercialization is becoming very active, and we are working on policies to turn this into an opportunity…

OPmobility’s revenue totalled €11,647m in 2024, up 2.2 per cent, and 2.8 per cent like-for-like, compared to 2023, mainly driven by their modules and exterior activities. This growth is mostly due to the transformation into revenue of the high order intake recorded in recent years by the exterior systems activity, as well as the first…

Magna posted sales of $42.8bn for the year ended December 31, 2024, compared to $42.8bn for the previous year—a period in which global light vehicle production was substantially unchanged. Adjusted EBIT increased to $2.3bn for 2024 compared to $2.2bn for 2023. Magna typically provide outlooks for the current year and two years ahead. Recently, industry…