We are happy to report that Autoneum increased its consolidated revenue in Swiss francs by 1.6% in 2024 – this was achieved despite a slight decline in global vehicle production compared to the previous year. Based on the preliminary figures, Autoneum expects an EBIT margin of over 5% and free cash flow of just over CHF 100 million for the 2024 financial year. For more information, have a look at today’s media release: https://bit.ly/3E3uWMH The full year-end financial statements, the Annual Report 2024 and the Corporate Responsibility Report 2024 will be published and presented at the annual Media Conference on March 12, 2025. #Autoneum #RevenueGrowth #FinancialSuccess #MarketUpdate #AnnualReport #BusinessNews
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As the automotive aftermarket becomes more dynamic, companies that go beyond providing basic replacement parts are gaining the attention of M&A investors. Recent Harris Williams client Mevotech is a prime example, leveraging its engineering expertise to offer cutting-edge products that address the challenges of today’s vehicles. Read more about how this creates new growth opportunities for innovative businesses in the sector in our latest article. https://lnkd.in/eu2rDBAm
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As the automotive aftermarket becomes more dynamic, companies that go beyond providing basic replacement parts are gaining the attention of M&A investors. Recent Harris Williams client Mevotech is a prime example, leveraging its engineering expertise to offer cutting-edge products that address the challenges of today’s vehicles. Read more about how this creates new growth opportunities for innovative businesses in the sector in our latest article. https://lnkd.in/eu2rDBAm
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Machine Vision is important part of inspection processes and quality. We, at #bartechslovakia are aware of this and our specialists can help you implement them.
Quality control is paramount, especially in the evolving landscape of electric vehicle manufacturing. TAS GmbH, a key supplier to global automotive OEMs, has successfully enhanced their quality processes, achieving an 85% reduction in inspection time with the integration of Zebra's Aurora Vision Studio. 🔋 To understand how they did it, explore the story here https://lnkd.in/e9NK6qDU What key outcomes were achieved? • Streamlined workflows lead to efficiency gains. • Advanced vision systems enhance accuracy in quality checks. • Investing in technology is essential for competitive advantage. In today's fast-paced market, these innovations are crucial for maintaining high standards. Well done! #MachineVision #EV #BatteryProduction #DeepLearning #QualityInspection #ZebraTechnologies
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The results are in for Arbe (#nasdaq: ARBE), an MS-IR LLC client, reporting a busy third quarter. Key Q3 Highlights Include: OEM Engagements: Collaborations deepened, with 16 OEMs in active discussions—8 advancing to the perception project phase. Tier-1 Collaborations: Partnerships with HiRain Technologies and Sensrad continue to drive innovation in global automotive safety and beyond. Successful Capital Raise: $49M offering completed, enabling the company to gear up for production ramp-up in 2025. "This quarter, we made significant progress in testing and deliveries for leading European OEMs," said Kobi Marenko, Chief Executive Officer. "While the selection process has taken longer than anticipated, we remain on track toward achieving our design-in objectives. We are proud to have completed a public offering, welcoming both new and existing investors. This investment demonstrates their confidence in our progress and long-term vision.” To read the full release, please click the link in the first comment. Shlomit Hacohen Karine Pinto-Flomenboim #arbe #automotivenews #autonomousdriving #automotiveindustry #ADAS #ImagingRadar #perceptionradar #earnings
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Thank you to the William Davidson Institute for the opportunity to participate in this insightful case study, and special thanks to Diana E. Paez and Dana Gorodetsky for their collaboration and valuable perspectives. It’s great to see the #automotive industry rapidly evolving, especially with the shift towards #EVs. At AMN Quality Solutions Solutions, we’re committed to navigating these changes with a proactive approach. As mentioned, we are balancing short-term opportunities in the #ICE sector while preparing for long-term growth in the #EV space, particularly through our expanded diagnostics services in #battery technology. Innovation and adaptability are critical in this transformation, and we’re excited to share our learnings with others as the industry continues to evolve. #strategicplanning #automotiveinnovation #EVtransformation #AMN
The #automotive #industry is undergoing a #global transformation towards #EVs. This means there will be #winners 🏆 and also #losers 📉. Many #companies are looking to take advantage of new #opportunities. Many understand they have to #pivot to #win in an increasingly #competitive market. ❓ The question then is: HOW? Here's one company example: AMN Quality Solutions. This company is following 🥈 strategies: 1️⃣ Capturing short-term #ICE-related business ⬇️ while building #capacity to serve #EV customers long-term ⬆️, and 2️⃣ Expanding its #diagnostics services to new products, specifically - you guessed it! - #batteries. 🔋 Learn more about AMN's #strategies, the factors that have enabled their #pivot, and some initial #lessons that could help other companies in a mini #casestudy we developed to highlight this #innovation 👇 along with our partners at Frente Norte. Huge thanks to Victor Corella and Victor Corella for their time and valuable insights! Dana Gorodetsky William Davidson Institute Cynthia Lopez de la Fuente Orlando Daniel
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We are excited to participate in the TEMOT International Autoparts GmbH Shareholders and Executive Suppliers Summit, taking place from May 14th to May 16th in Warsaw. This global gathering focuses on sharing trends, data, innovation and updates on the global automotive aftermarket industry landscape with the contribution of GiPA CEO, Almudena Benedito, providing details and insights on the topic "How to Navigate in a Moving Independent Aftermarket" #automotiveaftermarket #automotiveaftermarketsummit #Annualsummit2024 #marketresearch #businessintelligence
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To drive the transformation in the #automotive sector forward, it's time to revolutionize procurement strategies beyond traditional norms. 🏎 That's why we developed INVERTO's Strategic Procurement Model exclusively for the automotive industry! This groundbreaking framework offers invaluable insights across six key categories, providing a fresh perspective for established #OEMs and their N-Tier #suppliers. From optimizing existing ICE operations to embracing the future of #EV, each category demands a tailored approach to procurement excellence. Ready to lead the charge in automotive innovation? Dive into our white paper to unlock the strategies shaping the future of procurement in components, xEV, software, and beyond. 💡 #ProcurementExcellence #FutureofMobility #INVERTOInsights 👉 https://lnkd.in/eeSMxiAi
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🚀 How does Exotec address the logistics challenges of tomorrow? Industry leaders like Renault Group, LACROIX - Electronics, and Lane Automotive (USA) are already automating their operations with Exotec's Skypod® system. Why not join them? Our Skypod systems offer: ➕ Flexibility: A solution that evolves with your needs. ➕ Availability: Seamless and continuous operations. ➕ Storage capacity: Vertical management to optimize your warehouse space. 📈 The result? Reliable order preparation, faster replenishment, and happier customers. Ready to transform your logistics operations? Discover how Exotec can meet your challenges today: https://lnkd.in/euCg7Dtc #Logistics #Innovation #Warehouse #Automation #SupplyChain
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Autoelectro Ltd’s Harnek Bhogal looks back at what shaped 2024 – from both an industry and company perspective – and what will likely mould the British remanufacturer’s activities over the next 12 months. Read the story on the link in the first comment. #automotive2025 #lookingahead #aftermarketpredictions
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Mega-Casting in the Automotive Industry. 🚗 As the automotive industry evolves, #megacasting is proving to be a transformative force. OEMs are increasingly adopting this technology for new platforms, with Chinese manufacturers leading the charge. By 2030, we project that 25 million mega-casted components will be produced, with #China contributing 12 million of these.📌 Mega-casting will significantly impact the #automotive value chain. It will reshuffle the cards of traditional manufacturing technologies and will have significant impacts on many upstream and downstream businesses, including the automotive #Aftermarket 🔄 All players along the value chain need to identify risks and opportunities now to ensure to stay competitive. Mathieu Bernard Dr. Rolf Janssen Bernhard Langefeld Florian Deichmueller 戴 帆安 Florian Daniel Sebastian Braun Matthieu Simon Matthieu Noel Neury Freitas Elena Yakushkina #RolandBerger #FutureOfMobility #PACE
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Business Development Executive at GlobalData Plc - Allowing OEMs and Tier 1 & 2 Suppliers Identify Opportunities, Mitigate Risks and gain a Competitive Advantage
2moThat's very impressive well done Joachim Amann, Michael Driver & David Tortelli, PMP.