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Magnus Jarlegren, the new Autoliv Europe president. Pic: LinkedIn/Magnus Jarlegren
Magnus Jarlegren is new Autoliv Europe president

30th May 2023

Magnus Jarlegren, presently the executive vice president of operations at Sweden’s Autoliv, Inc, will take over as the president of Autoliv Europe from June 1, 2023. He replaces Frithjof Oldorff, who is leaving for new opportunities. Jarlegren's operational excellence experience is expected to help navigate the firm in a challenging market.

Pic: Lear Corporation
US’ Lear completes acquisition of I.G. Bauerhin

1st May 2023

With the acquisition of I.G. Bauerhin (IGB), Lear Corporation will be able to expand its range of in-vehicle comfort technologies and enhance its thermal comfort systems portfolio. IGB's expertise in automotive seat heating, ventilation, active cooling, and other related technologies will be a valuable addition to Lear's existing capabilities.

Pic: Ahlstrom
Finland’s Ahlstrom launches sustainable filter solutions

28th Apr 2023

Ahlstrom Eco's use of lignin-based impregnation in their filter media could have a significant impact on automotive industry's sustainability efforts. Lignin is a polymer found in plants that is typically considered a waste in papermaking processes. It will replace a non-renewable and environmentally harmful material with a bio-based, renewable one.

Nonwoven manufacturing process. Pic: Refashion
France’s Refashion’s Transport WG develops nonwovens from used textile

17th Mar 2023

Refashion has developed a high-performance insulating nonwoven made from post-consumer clothing for the transport sector through its Transport Nonwovens WG. The WG has identified four key stages, including identifying feedstock sources, pre-feasibility tests, characterising resulting products, and technical-economic assessment, to develop the nonwoven.

Pic: Autoneum
Switzerland’s Autoneum posts net income of CHF 10.9 mn in FY22

3rd Mar 2023

Autoneum, a Swiss-based leading acoustic and thermal management supplier for vehicles, has posted a net result of Swiss franc (CHF) 10.9 million in fiscal 2022 (FY22). The company’s revenue in local currencies increased by 8.5 per cent (6.5 per cent in Swiss francs). However, the company's EBIT fell compared to the previous year, declining from 3.4 per ...

Pic: Autoliv
Sweden’s Autoliv reports 7.4% increase in net sales in FY22

20th Feb 2023

Sweden’s Autoliv, a leading manufacturer of automotive safety systems, has reported a 7.4 per cent increase in net sales for fiscal 2022, with net sales amounting to $8,842 million. The company's gross profit decreased by $115 million to $1,396 million, and the gross margin decreased by 2.6 percentage points to 15.8 per cent, compared to the previous...

Pic: Autoneum
SBTi approves science-based targets of Switzerland’s Autoneum

11th Feb 2023

The Science Based Targets initiative (SBTi) has approved Switzerland-based Autoneum’s science-based emissions reduction targets. The validation by the SBTi is an important milestone in Autoneum’s efforts to reduce its direct and indirect greenhouse gas (GHG) emissions along the entire value chain. Autoneum is the leader in acoustic and thermal...

Pic: PRNewswire
US’ Lear named one of Fortune’s 2023 most admired companies

3rd Feb 2023

Lear has been named on Fortune magazine’s ‘World’s Most Admired Companies’ list for the seventh consecutive year. Lear was awarded the highest placement for any North America-based automotive supplier in the Motor Vehicles Parts Industry survey. Lear is an automotive technology leader in seating and e-systems, that enables superior in-vehicle...

Pic: Dieffenbacher
Switzerland’s Autoneum & Dieffenbacher unveil digitalisation platform

1st Feb 2023

Swiss company Autoneum operates five Dieffenbacher automotive component production lines at its Sevelen site. Together with Dieffenbacher, Autoneum has now extensively modernised one of the lines, a GMT/LFT-D line for glass-fibre-reinforced thermoplastics. One highlight of the project was the introduction of the new Evoris digitalisation platform.

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