Home / News / Johnson Controls & Yanfeng launch automotive interior firm

Johnson Controls & Yanfeng launch automotive interior firm

07 Jul '15

2 min read

Johnson Controls, a global diversified technology and industrial leader, and Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd (HASCO), which is the component group of Shanghai Automotive Industry Corporation (SAIC), have launched Yanfeng Automotive Interiors, the world’s largest automotive interiors parts supplier.

Headquartered in Shanghai, the new company will have revenues of $8.5 billion and an order backlog of $10 billion.

Alex Molinaroli, CEO of Johnson Controls said, “Combining two outstanding global automotive interiors businesses enhances our ability to serve customers throughout the world. Yanfeng Automotive Interiors will have unmatched scale and reach in the industry with the talents of 28,000 dedicated employees globally.”

The new company is expected to have more than 90 manufacturing, development, engineering, and customer service locations around the world. The product portfolio will include instrument panels and cockpit systems, door panels, floor consoles, and overhead consoles, the company said in a media statement.

Johnson Controls creates quality products, services, and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating components and systems for automobiles.

Yanfeng Automotive Interiors is the world’s leading supplier of instrument panels and cockpit systems, door panels, floor consoles, and overhead consoles. (GK)

Fibre2Fashion News Desk - India