Turnover increases +1.3% in the first half of 2019

The AKWEL group has posted consolidated turnover of €566.5m in the first half of 2019, up +1.3% compared to the first half of 2018. At €273.5m, consolidated turnover in the second quarter of 2019 was down slightly at -2.0% but almost stable when comparing like-for-like figures, with one less working day this quarter compared to … Read more

The launch of a Chinese version of the AKWEL website

We are pleased to announce the launch of a Chinese version of the AKWEL website: www.akwel-automotive.cn. You will find information on our products, our quality and purchasing policy, the company history and dedicated contacts. A link to our corporate website is available for more information on the group and its news. Developed for our customers … Read more

Extension of GEBZE plant (Turkey)

The « Gebze 2 » extension was officially opened on 20th June by Mathieu Coutier (President), Roger Sanchez (Regional Industrial Director), Eren Orug (Plant Director) alongside the executive members of the customers. Plant has been built with the perception of being committed of the mission which guarantees the customer needs in a maximum extent. Thus, … Read more

AKWEL recognised by JAGUAR LAND ROVER ‘SUPPLIER EXCELLENCE AWARD’

AKWEL received a “Silver Award” from Jaguar Land Rover during its annual Supplier Excellence Awards ceremony held in Coventry (UK) on Tuesday 14th May 2019. Only 15 suppliers out of 3500 around the world were recognised for their extraordinary contribution to Jaguar Land Rover’s business, cost transformation and operational delivery over the course of the … Read more

AKWEL recognised by General Motors as a 2018 Supplier of the Year Winner

    AKWEL was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held Wednesday, May 15 in Detroit. During the event, GM recognized its best suppliers from 15 countries that have consistently exceeded GM’s expectations. “ We hold our suppliers to a high bar, ” … Read more

Increase in turnover of 4.6% in the 1st quarter of 2019

AKWEL has recorded consolidated turnover of €293.0m in the first quarter of 2019, an increase of 4.6% compared to the first quarter of 2018. Taking exchange rates and scope as constants, turnover in the 1st quarter of 2019 increased by 6.6%. AKWEL’s business growth this quarter was achieved in an automotive sector that is still … Read more

AKWEL achieved General Motors PRIME supplier status

In an effort to build stronger supplier relationships and capitalize on supply base innovation, General Motors rolled out an initiative in 2014 named Strategic Supplier Engagement. Select suppliers gaged buy sales volume were invited to participate in the programs final effort to move certain outstanding, innovative, and responsive suppliers to their “Prime” supplier status. This … Read more

Turnover up to €1,062.2m and current operating profit of €77.4m

In 2018, AKWEL recorded an annual turnover of €1,062.2m, up 3.7% and 9.4% on a like for like basis and at a constant exchange rate. This business growth, against the backdrop of a global automotive market that has been in decline for the first time in 10 years, particularly in the fourth quarter, arose despite … Read more

VIGO AKWEL plant is 20 years old!

AKWEL VIGO SPAIN was founded in February 1999, 20 years ago now, under the name MGI COUTIER ESPAÑA, S.L. This plant is located in Vigo, on the west coast of Spain (in Galicia), nearby the Portuguese border. The economic activity of the city is leaded by the sea (fishing industry and shipyards) and the automobile … Read more

AKWEL reports sales of €1,062.1 million in 2018

AKWEL reported record annual sales of €1,062.1 million in 2018, up 3.7% on a reported basis and 9.4% on a like-for-like basis. The AKWEL group posted sales of €262.2 million in fourth-quarter 2018, up 0.6% on a reported basis and 5.0% like-for-like. Read the press release

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