Gestamp Intros Automotive Innovations At Bharat Mobility Global Expo 2025
- By MT Bureau
- January 18, 2025
Gestamp, a leading global automotive technology company specialised in the design, development and production of highly engineered metal components, unveiled its innovative range of products today at the ongoing Bharat Mobility Global Expo 2025.
The GES-GIGASTAMPING® product line, a ground-breaking series of large-format components that integrate many body sections into one unit, was launched by Gestamp. This single item simplifies assembly and reduces expenses by replacing several cold and hot-stamped pieces. Among its many noteworthy advantages are improved safety cell integrity in collisions, lighter parts, simpler integration and a more environmentally friendly solution. Gestamp also introduced its Highpertubes, high-strength tube materials intended to improve vehicle crash performance, in the chassis area. These essential parts, which are made with cutting-edge hydroforming methods to ensure maximum CO2 efficiency and cost-effectiveness, are critical to occupant safety. Gestamp has introduced the Active Frunk, which is intended only for electric vehicles (EVs). The front lid can open and close completely automatically because of this technology's powered system, which also incorporates active pedestrian protection measures.
Gestamp's Technology and Innovation Office is leading the development of solutions for a new mobility paradigm in which different powertrains coexist, ranging from combustion engines, hybrids and plug-in hybrids to pure electric cars. Gestamp is spearheading the transition to electric transportation by utilising its cutting-edge technology and engineering know-how. With an emphasis on lightweight materials to increase vehicle range, innovations that satisfy changing safety regulations and designs that simplify assembly procedures, the company is developing essential parts for future EV architectures.
Glyn Jones, Country Manager, Gestamp India, said, “Sustainability has been an integral part Gestamp’s strategy since its inception. We’re committed to designing, developing, and manufacturing vehicle parts that contribute to creating cars that are not only safer for consumers but also lighter on the environment. As the automotive industry undergoes significant changes, Gestamp expresses optimism about the future. Its focus on lightweight solutions enhances vehicle performance while aligning with sustainability goals. These products that we unveiled today represent key advancements in Gestamp's pursuit of innovation and sustainability, emphasizing lightweight design, improved safety, reduced CO2 emissions, and cost efficiency.”
Remsons Signs Strategic Technology Licensing Deal with Brazil’s AUSUS Automotive to Empower Local OEMs
- By MT Bureau
- June 27, 2025

Mumbai-headquartered automotive engineering and components supplier Remsons Industries has signed a Strategic Technical License Agreement with Brazil-based AUSUS Automotive Systems do Brasil.
As per the understanding, Remsons will collaborate with ASUS Brazil to license proprietary technologies, enabling the development and manufacturing of high-quality products tailored to the local market.
The move aims to introduce advanced technologies for supporting the automotive and electronics industries in Brazil.
Rahul Kejriwal, Executive Director, Remsons, said, "We are excited to partner with ASUS Brazil to bring our technological expertise to the Brazilian market. This collaboration is a significant step towards supporting local OEMs and strengthening the industrial ecosystem in Brazil."
Innolux Corp Set To Acquire Pioneer Corporation For $1.1 Billion
- By MT Bureau
- June 27, 2025

Taiwan-headquartered Innolux Corporation is set to acquire Japanese electronics major Pioneer Corporation from EQT for USD 1.1 billion. As per the understanding, CarUX, a subsidiary of Innolux Corporation, focussing on smart cockpit solutions, will create strong synergies with Pioneer’s existing capabilities to continue on its global expansion trajectory.
Pioneer, a Japanese leader in automotive sound and navigation systems, has been an engineering powerhouse since its founding in 1938, known for its robust research and development and industry-leading manufacturing. The company provides in-car navigation and audio electronics to both original equipment manufacturers (OEMs) and the consumer aftermarket, alongside various hardware and software solutions for the automotive sector.
Since its 2019 acquisition by EQT, Pioneer has undergone a significant transformation to restore its financial health and ensure long-term growth. This effort has yielded strong results, with the company achieving double-digit EBITDA margins and substantial free cash flow for the fiscal year ending March 2025. EQT’s strategic initiatives included strengthening corporate governance, appointing a new leadership team and implementing strict cost and capital discipline, all of which substantially boosted profitability and cash generation.
The Japanese company has successfully refocused on its core expertise in automotive audio, introducing a new amplifier technology platform and securing major projects from clients both domestically and internationally. The company has also expanded into new growth areas by leveraging its existing technologies, launching Mobility Services (software-led navigation utilising proprietary Japan-specific map data) and Mobility AI Connectivity (AI-based dash cameras for global markets). Furthermore, Pioneer demonstrated resilience during challenging periods like the Covid-19 pandemic and semiconductor shortages, thanks to enhanced operational efficiencies and the strategic divestment of non-core assets.
Shiro Yahara, President and CEO, Pioneer, said, “EQT has been instrumental in helping us drive transformation and innovation while preserving our DNA as a global leader in automotive technology. We look forward to this next chapter of growth with CarUX, building on the solid foundation that EQT helped us establish. We are proud to celebrate this milestone and look forward to partnering with CarUX to continue our product innovations and accelerate our global expansion.”
Sanjay Dhawan, Chairperson of the Board and Independent Director of Pioneer, said, “The automotive industry is undergoing a profound digital transformation, with digital content in vehicles rising from 27 percent to 40 percent and software playing an increasingly central role in cars. Under EQT’s ownership, Pioneer has embarked on a transformative journey – embracing innovation to lead in this new, software-defined era of mobility. This innovation has created substantial value across the board, benefiting customers, employees and shareholders alike.”
Shane Predeek, Partner, EQT Private Capital, said, “We are proud to have helped revitalise one of Japan’s most iconic brands and reposition it for long-term success. This milestone marks an exciting new chapter for Pioneer, and we believe that there are synergies with CarUX and its parent company, Innolux, that will greatly benefit the business and its future potential. At EQT, we are committed to being responsible stewards of our companies – ensuring they are handed over to owners who can continue the momentum we’ve built and support their next phase of growth. This transaction also reflects EQT’s growing momentum in Japan, where we continue to execute on our strategy of building stronger, more resilient businesses with global ambition.”
Uno Minda Board Approves New Aluminium Die Cast Greenfield Facility In Maharashtra
- By MT Bureau
- June 19, 2025

Tier 1 supplier Uno Minda has announced that its Board of Directors has approved setting up of a greenfield manufacturing facility for aluminium die casting in Sambhaji Nagar (Aurangabad), Maharashtra.
The new facility is targeted to meet the growing demand for casting components, particularly in electric two- and four-wheelers. As automakers look to introduce alternative energy vehicles with higher energy efficiency, lightweighting becomes a critical focus area. This is an area where aluminium die casting has emerged as a critical requirement for lightweight, high-performance vehicle platforms. EVs fundamentally require significantly more aluminium-based structural and thermal components compared to their internal combustion counterparts—making advanced die casting capabilities central to EV powertrain and body applications.
In addition, the upcoming facility will play vital role in supporting Uno Minda’s backward integration strategy by supplying essential casting components to its forthcoming four-wheeler electric vehicle powertrain plant.
The new project involves a total planned capital investment of approximately INR 2.1 billion, to be implemented in a phased manner over the next five years. The investment will be funded through a balanced mix of internal accruals and debt. Phase 1 of the plant is expected to commence commercial operations by Q2 FY27.
Mutares To Acquire Continental’s’ Drum Brakes Production & R&D Location In Italy
- By MT Bureau
- June 18, 2025

German private equity investor Mutares SE & Co is set to acquire Continental’s drum brakes production and R&D location in Cairo Montenotte (Italy) as part of its new platform investment in the automotive and mobility segment.
This follows the Continental Group’s recent announcement to spin off its automotive business as an independent company, Aumovio in September 2025.
As per the understanding, Mutares will take over all employees and business activities related to Continental’s drum brake business in Cairo Montenotte. This is expected to add about EUR 100 million in revenue for the company in 2025. The facility in Cairo Montenotte, Italy, is a production and R&D site for hydraulic drum brakes and manufactures products such as the Parking Brake for Simplex Brakes (EPB-Si) and the Drum Brake (Si). It employs around 400 people.
Johannes Laumann, CIO, Mutares, said, “With the acquisition of Continental’s Cairo Montenotte site we are strengthening our automotive and mobility segment. The long-standing expertise, strong product portfolio and highly skilled workforce provide an excellent foundation for operational development and future growth.”
Philipp von Hirschheydt, member of the Continental Executive Board and CEO of the future Aumovio, added, “We are confident that Mutares, with its extensive experience in the automotive business, is the right owner to lead this site into the future. Our shared goal is to ensure continuity for employees, customers and partners while securing long-term prospects for the Cairo Montenotte location.”
“With this agreement, we further consolidate our European manufacturing footprint. Moreover, it marks an important step in our strategy in Europe to better allocate R&D and investments with our product strategy and future technologies, such as electric braking or integrated friction solutions. The transaction deal follows Automotive’s strategy to sharpen our focus on our core business and streamline our business operations,” added Hirschheydt.
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