American tier 1 supplier BorgWarner has further strengthened its business with two new orders from a Chinese transmission manufacturer and an extension from a German OEM in China for its dual clutch modules used in dual clutch transmissions (DCT).

Isabelle McKenzie, Vice-President, BorgWarner, said, “Our success in securing new projects in the Chinese market underscores BorgWarner's commitment to delivering innovative solutions in the region. We are dedicated to helping our customers grow their business in China and succeed in international markets.”

The seven-year extension with a German OEM in China follows a decade of successful collaboration. Compared to conventional longitudinal wet DCTs, the clutch assembly produced in BorgWarner’s Tianjin facility provides superior performance by reducing rotational inertia and minimising friction losses and leakage. These not only reduces drag torque but enhances transmission efficiency and provides a smoother responsive driving experience.

The company’s new business for supplying DCT clutch to a Chinese transmission manufacturer, will see the product being used in Chinese OEM’s SUVs and sedans, which will be sold in China and export markets. The clutch module will be produced in BorgWarner’s Taicang facility, features multiple key advantages – a compact design, superior thermal robustness and outstanding cost-effectiveness. Mass production is scheduled to commence by the end of 2025.

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Aumovio SE, formerly the Automotive group sector of Continental, has successfully spun off and is now trading as an independent company on the Frankfurt Stock Exchange.

The company, a global provider of hardware and software solutions for vehicles, opened trading at an initial share price of EUR 35.00, giving it a market capitalisation of EUR 3.5 billion.

Philipp von Hirschheydt, CEO, Aumovio, said, “Today’s listing marks the start of a new era in our history. We not only start the initial trading of our shares, but also the launch of Aumovio as a new and independent company. We are committed to play a key role in shaping the future of mobility as a leader for automotive technology and electronics. In doing so, we are combining our tradition and unique automotive expertise with a clear focus on shaping a promising future. I’d like to thank our entire team for their outstanding commitment over the past months. Today’s IPO will motivate us to consistently drive forward our strategy – for our shareholders, customers and employees.”

Aumovio starts its journey with a strong financial position, reporting no financial debt and having EUR 1.5 billion in cash funds as of 30 June 2025.

With over 86,000 employees, Aumovio is confident in its ability to deliver value-driven growth. The company has already shown improved profitability, with an adjusted EBIT margin of 2.7 percent in the first half of 2025. Looking ahead, Aumovio plans to increase its long-term sales to more than EUR 24 billion, up from EUR 19.6 billion in 2024. The company is also targeting a long-term adjusted EBIT margin of 6 percent to 8 percent.

The new shares are traded under the ticker symbol AMV0 on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange. At launch, one Aumovio share was allocated for every two Continental shares held by Continental shareholders. The IHO-Group, a strategic investment arm of the Schaeffler Group, holds approximately 46 percent of the total shares.

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Marelli, a global automotive technology supplier, has been recognised for its sustainable efforts with a 2025 Enlighten Award in the 'Sustainable Process' category. The award, presented on 16th September in Detroit, Michigan, honours the company’s Adhesive Wastewater Recovery Solution.

This new process, which was developed in Marelli's Kyushu, Japan plant and launched in late 2024, significantly improves water efficiency. It works by treating wastewater – classified as industrial waste – generated from cleaning machinery used in the manufacturing of vehicle interiors. The process separates, condenses and solidifies the adhesive residue, allowing the remaining water to be reused in other manufacturing operations.

This innovative solution recovers approximately 85 percent of the wastewater, eliminating the need for additional disposal steps and cutting water usage at the Kyushu plant by an estimated 8,160 kilograms per year.

The Enlighten Award, presented by the Center for Automotive Research (CAR) and Altair, celebrates advancements that reduce carbon footprint, mitigate water and energy consumption and promote material reuse.

Tsukasa Fujii, President of Marelli’s Interiors business, said, “We’re honoured to win the Altair Enlighten Award for our Adhesive Wastewater Recovery Solution. This innovation embodies the Marelli culture of aiming to use resources efficiently, drawing also from Japanese know-how, which in particular developed this solution. This was also made possible by the strong leadership of our factory managers, based on our ‘Plant First’ approach. We will continue to partner with automotive OEMs to contribute to a sustainable society, and we believe this technology will set new industry standards.”

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Iochpe-Maxion, a world leader in automotive wheels production and a leading producer of automotive structural components in the Americas, has received official validation from the Science Based Targets initiative (SBTi) for its net-zero emissions strategy. This approval confirms that the company’s climate goals are consistent with the ambition to limit global warming to 1.5°C and achieve net-zero emissions by 2050 at the latest.

The SBTi has classified both the company’s near-term and long-term targets for Scope 1, 2 and 3 emissions as aligned with 1.5°C mitigation pathways. Iochpe-Maxion has committed to reducing its absolute Scope 1 and 2 emissions by 63.2 percent by 2030, using 2019 as a base year. Over the same period, it will also cut its absolute Scope 3 emissions from purchased goods and services by 25 percent, using a 2024 baseline.

By 2040, the company aims to achieve net-zero greenhouse gas emissions across its entire value chain. This long-term objective involves a 90 percent reduction in both Scope 1 and 2 emissions from the 2019 baseline, and a 90 percent cut in Scope 3 emissions from the 2024 baseline.

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The Automotive Component Manufacturers Association of India (ACMA), the apex body representing the Indian auto component industry, has appointed Vikrampati Singhania, Managing Director, JK Fenner (India), as President, ACMA for the 2025–26 term.

He succeeds Shradha Suri Marwah, who had been leading ACMA for the president. In addition, Sriram Viji, Managing Director, Brakes India, is the next President Designate.

Vinnie Mehta, Director General, ACMA, said, “The appointment of Vikrampati Singhania as President and Sriram Viji as President Designate comes at a decisive moment for our industry. The auto component sector is navigating geopolitical volatility, supply chain realignments, and accelerating electrification. Their proven leadership will be invaluable in steering ACMA’s agenda on strengthening India’s global competitiveness, securing critical raw materials, and fostering R&D and innovation. I am confident that under their stewardship, ACMA will further our industry’s vision of building a resilient, sustainable, and future-ready mobility ecosystem.”

Vikrampati Singhania, said, “It is a privilege to lead ACMA at a time when India is rapidly emerging as a trusted global partner in mobility value chains. With exports crossing record highs and EV adoption reshaping the market, our task is to strengthen resilience and competitiveness. We must deepen localization, invest in advanced technologies, and embrace sustainability as a core business imperative. Together, with the government’s continued support and our industry’s commitment, we will work towards making India not only self-reliant but also a global leader in the next generation of mobility components.”

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