Recently, the Spanish automotive interior parts supplier Anton Lin said in a statement, it has completed the acquisition of Magna International's interiors business, including its 36 manufacturing business units in Asia, Europe and North America and other regions. After the acquisition is completed, An Tonglin’s annual operating income is expected to reach US$4.4 billion. Some analysts believe that through the integration of "strong enemy" Magna , Antolin not only "killed" a competitor, its strength and influence in the interior industry will also be quickly improved, will become the world's largest automotive interior supplier. An Tonglin actively expands to dominate Antolin is a supplier of components for doors, hard trims, roofs and lighting. In recent years, its expansion rate has been very fast. In particular, the roof business has accounted for more than 40% of the global market share. In September of last year, Ann Tonglin, vice chairman of the Board of Directors, announced that Antolin would become the world's largest interior supplier. He said: “Our scale is growing. Of course, we also examine all possibilities in the market. The most concern is to expand the product range in the Automotive Doors and Lighting Division because we do not plan to expand the seat business through mergers and acquisitions. In the top-mounted system field, Antolin has reached the world's largest scale." The expansion of mergers and acquisitions to become a leader in a segment of the industry is the development of European and American auto parts giants. Not long ago, our reporter analyzed the global automotive interior industry and found that Antonglin was one of the top 10 automotive interiors suppliers in the world, but in order to dominate the industry, Foglia, Lear, Johnson Controls and Magna All are their strong competitors. In 2014, Lear Corporation’s operating revenue totaled US$17.73 billion; France’s Foggia’s operating revenue was US$20.8 billion; Johnson Controls’ seats and interiors’ revenues were US$22 billion, of which the interior business was US$4.0 billion. It can be seen that these rivals are either unable to sell the interior business, or they are very strong and difficult to get into the bag. A senior person in the car seat industry told the reporter that the size of a company specializing in car interiors has not been particularly large. From the process point of view, the rules for automobile interiors are not strict, the added value is not high, and the profit is relatively low. These industrial attributes and rewards are not valued by comprehensive multinationals. Therefore, Visteon, Lear, Johnson Controls, Magna, etc. have all or are selling interior business. Acquisition of Magna completes a long-cherished wish After acquiring Magna's international interior business, An Tonglin undoubtedly became the leading company in the automotive interior industry. In 2014, Magna's interior business sales were approximately US$2.4 billion, why Antlion could acquire Magna? First, Magna wanted to sell the interior business. In recent years, Magna has been adjusting its strategy and intends to turn to mainstream technologies such as lightweighting, energy power, and batteries. Second, the total market share of Antolin and Magna in any relevant market does not exceed 15%, in line with international antitrust regulations. In March this year, foreign media began to report that Antolin intended to acquire the interior of Magna. On April 16, Antolin and Magna International signed a sale and purchase agreement. Under the agreement, Antolin plans to acquire Magna's global interior business, including several subsidiaries and business units. After the transaction is completed, Magna will no longer hold any equity of the transferred entity. Recently, Magna announced that the current part of the transaction does not include two interior joint ventures in China. Due to the approval process, this part of the transfer is expected to be completed before the end of this year. Magna Interior's business in China includes providing dashboards, door panels, sun visors, lighting (ceiling) controls, and upright trims. On September 6, relevant persons in Magna China accepted an interview with this reporter and said that due to government approval procedures and other factors, the processing process was affected. However, automotive interiors industry veteran analysis, Magna China's interior business development momentum is good, or partners have limited the impact of the Chinese business transaction progress. The Chinese market is still an important reference In recent years, we have adhered to the global expansion route of major automakers and ensured the implementation of the distribution policy of 'arriving customers in a timely manner'. As a result, Antolin rapidly expanded its presence in the global market and established new factories in major markets around the world. . In 2014, the Chinese market contributed 12% of sales to Antolin. It can be seen that China is already the main growth market of Antolin. From the financial report for the first quarter of this year, thanks to the promotion of the European, North American and Asian markets, the revenue and profit of the Antlion interior business achieved double-digit growth. In addition, when we look back at the events of Antolin in 2014, it is not difficult to find that its important investment projects are all in Asia, especially China. In August last year, Antolin launched a new project in Shanghai, mainly producing Antolin Auto Parts Manufacturing (Shanghai) Co., Ltd., which produces roof trim products. In December, Antolin established a joint venture with China Dongfeng Visteon. According to the reporter's understanding, An Tonglin has built more than 10 factories in China. An Tonglin entered China very early and through the establishment of joint ventures with China's vehicle and parts companies, he has developed steadily in China over the years and is interested in speeding up. According to expert analysis, Magna is interested in strengthening its business in China in the recent period. The better performance of Magna in the Chinese market may also be one of the considerations for Antonin’s acquisition of Magna. Antonglin’s acquisition of Magna is clearly an important step toward achieving its strategic goal of “becoming the world’s largest automotive interiors supplierâ€.
The Crankshaft Position Sensor is usually installed inside distributor, is one of the most important Sensor in the ignition system. Normally crankshaft position sensors have Hall- type, Magnetic-electric type and Photoelectric type. Its functions are as following: first, it can detect engine speed, therefore, it also known as the rotational Speed Sensor. Second, it can detect the position of top dead center of piston, so also know as TDC sensor.
Sometimes, the sensor may become burnt or worn out. The most likely causes of crankshaft Position Sensor failure are exposure to extreme heat. Many modern crankshaft sensors are closed units and therefore will not be damaged by water or other fluids. When it goes bad, it stops transmitting the signal which contains the vital data for the ignition and other parts in the system.
Crankshaft Position Sensor Crankshaft Position Sensor,Engine Crankshaft Position Sensor,Electrical Crankshaft Position Sensor,Hyundai Crankshaft Position Sensor NINGBO DGOFEN AUTO TRADE CO., LTD , http://www.dgofen.com
Antolin's production workshop in China