thyssenkrupp Automotive Revenue and Competitors

Our business within the auto sector designs and produces high-performance components for customers all over the world. As established and reliable partners to the auto industry, our Materials Services, Components Technology, Steel Europe, and Industrial Solutions business areas deliver what producers need to build safe and sustainable cars – from materials and high-quality components to complete production lines. We cover the entire value chain, from the development and manufacture of high-performance components through to machining and complex assembly processes. The product range includes assembled camshafts, cylinder head modules with integrated camshafts and crankshafts (powertrain), steering and damping systems, and springs and stabilizers, as well as the assembly of axle modules (chassis).\n\nThe auto industry is undergoing a dramatic transformation. Manufacturers face multiple challenges. Around the world ever more competitors are entering the market. At the same time demand for mobility in urban spaces and developing countries is rising, alongside a growing emphasis on efficiency and sustainability. Ever stricter standards and regulations are also playing a role. So completely new solutions are called for. And that’s where we come in. Numerous innovations are already within reach: Huge advances have been made in e-mobility and connected and autonomous cars. The vehicles of the future will be totally unlike the cars of today. Despite the speed of change, consumers must be able to count on the reliability and safety of the materials and technologies used.