Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Autoneum Establishes Commercial Vehicles Business Unit - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

Autoneum Establishes Commercial Vehicles Business Unit

New business unit will primarily focus on components for medium and heavy trucks as well as agricultural commercial vehicles

Author Image

By: Tara Olivo

Associate Editor at Nonwovens Industry, Rodman Media

Autoneum has established a new Business Unit Commercial Vehicles to expand its existing truck business and to increase revenue and profitability in this vehicle segment as part of the group’s strategic focus on profitable growth. To begin with, the business unit will focus on the commercial vehicles business in Europe and South America, as these two regions have a comparable customer base. The business unit is responsible for the global commercial vehicles business development, while its financial results will be consolidated within the Business Groups.

The new business unit focuses primarily on the business with components for medium and heavy trucks as well as agricultural commercial vehicles. Following the acquisition of Borgers Automotive in April last year, Autoneum has significantly expanded its product and technology portfolio for these vehicle segments. In combination with the company’s global presence and diversified customer structure, this provides an ideal basis for future profitable growth. Autoneum already operates plants which manufacture products for the exterior and interior of commercial vehicles in Belgium, Czech Republic, France, Germany and Poland, as well as in Brazil. With the creation of a dedicated Business Unit Commercial Vehicles, Autoneum aims to leverage its existing production footprint in order to further grow the business worldwide.

“Autoneum’s components for commercial vehicles are currently available in Europe and South America. At the same time, Autoneum will be investigating business opportunities in Asia and North America,” explains Valéry Beulné, head of the new Business Unit Commercial Vehicles.

As with the product portfolio for light vehicles, Autoneum’s multifunctional, lightweight and sustainable systems and components are suitable for commercial vehicles of all drive types. Autoneum is therefore well positioned for the expected increase in electric models due to more stringent environmental regulations.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics