Thyssenkrupp Automotive Technology: Company Profile

Background

Thyssenkrupp Automotive Technology is a leading supplier and engineering partner to the global automotive industry, offering high-tech components, systems, and automation solutions for vehicle manufacturing. The company is part of the Thyssenkrupp Group, an international industrial and technology conglomerate with over 93,000 employees across 48 countries. In the fiscal year 2024/2025, Thyssenkrupp generated sales of approximately €33 billion.

Key Strategic Focus

Thyssenkrupp Automotive Technology focuses on developing and producing high-performance components and systems for the automotive industry. Its strategic objectives include:

Product Development: Designing and manufacturing components such as steering systems, camshafts, springs, stabilizers, and powertrain elements for both conventional and alternative drive systems.

E-Mobility Transition: Expanding its product portfolio to support the shift towards electric mobility, including the development of rotor shafts for electric motors and other components for electric vehicles.

Global Expansion: Strengthening its presence in key automotive markets, including North America, Europe, and Asia, through new production facilities and strategic partnerships.

Financials and Funding

In the fiscal year 2024/2025, Thyssenkrupp Automotive Technology reported:

Sales: €7 billion

Adjusted EBIT: €187 million

Employees: 28,892

The company has been investing in the development and industrialization of new products, particularly in the e-mobility sector, to drive future growth.

Pipeline Development

Thyssenkrupp Automotive Technology is actively developing several key products:

Rotor Shafts for Electric Motors: Manufacturing rotor shafts for electric motors to support the growing electric vehicle market.

Lightweight Body Components: Producing lightweight body parts to enhance vehicle efficiency and performance.

Assembly Systems for Body-in-White Construction: Developing assembly systems for body-in-white construction to improve manufacturing processes.

Technological Platform and Innovation

Thyssenkrupp Automotive Technology leverages several technological platforms and innovations:

Steer-by-Wire Systems: Developing steer-by-wire systems to enable more flexible vehicle interior designs and support autonomous driving features.

Active Dampers: Creating predictive, active dampers to enhance vehicle comfort and safety, particularly in autonomous vehicles.

Lightweight Materials: Utilizing advanced materials and manufacturing techniques to produce lightweight components, contributing to improved fuel efficiency and performance.

Leadership Team

The leadership team of Thyssenkrupp Automotive Technology includes:

Falk Nüßle: CEO of Thyssenkrupp Automotive Body Solutions, overseeing the company's body assembly solutions and lightweight body component production.

Dr. Karsten Kroos: CEO of the Components Technology business area at Thyssenkrupp, leading the company's automotive components division.

Competitor Profile

Market Insights and Dynamics

The global automotive industry is undergoing significant transformation, driven by trends such as electrification, autonomous driving, and digitalization. This evolution presents both challenges and opportunities for automotive component suppliers.

Competitor Analysis

Thyssenkrupp Automotive Technology faces competition from various global and regional automotive component manufacturers, including:

Bosch Group: A leading supplier of automotive components, including steering systems and powertrain solutions.

ZF Friedrichshafen AG: Specializes in driveline and chassis technology, offering a range of components and systems for the automotive industry.

Magna International Inc.: Provides automotive systems and components, including body and chassis systems, powertrain systems, and electronic systems.

Strategic Collaborations and Partnerships

Thyssenkrupp Automotive Technology collaborates with various automotive OEMs and suppliers to enhance its product offerings and market reach. Notable collaborations include:

Mercedes-AMG: Partnership in developing specialized automotive body solutions.

Audi Hungária Kft: Supplying axle modules and components through just-in-sequence delivery systems.

Operational Insights

Thyssenkrupp Automotive Technology's strategic considerations include:

Global Expansion: Establishing production facilities in key automotive markets to strengthen its global presence.

E-Mobility Transition: Investing in the development of components for electric vehicles to align with industry trends.

Innovation Focus: Emphasizing the development of advanced technologies such as steer-by-wire systems and active dampers to meet evolving market demands.

Strategic Opportunities and Future Directions

Thyssenkrupp Automotive Technology is well-positioned to capitalize on the following opportunities:

Electric Vehicle Market: Expanding its product portfolio to include components for electric vehicles, leveraging its expertise in powertrain technologies.

Autonomous Driving: Developing systems and components that support autonomous driving features, such as steer-by-wire systems and active dampers.

Global Market Penetration: Strengthening its presence in emerging automotive markets through strategic partnerships and new production facilities.