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

Inauguration of plant in Thailand

The AKWEL Group inaugurated on November 29th its first factory in Thailand, located in Rayong province, in the presence of local authorities (Hemaraj Industrial estate authority of Thailand, Rayong Free zone custom), of its customers Auto Alliance Thailand (joint venture between Ford Motor Company and Mazda Motor Corporation), and FORD Thailand and companies that intervened … Read more

Nine-month 2018 sales totalled €799.9 million, up 4.8%

Akwel achieved sales of €240.6 million in Q3 2018, up 5.1% unadjusted. In a worldwide automotive market up 1.5% over the first nine months of 2018, Akwel achieved sales of €799.9 million during the period, up 4.8% unadjusted. On a like-for-like basis, sales increased by 11.0%. Read the press release

The 25th anniversary of the Rudnik site (Czech Republic)

In October 1993, 25 years ago, Avon Rubber plc. (which would go on to become Avon Automotive then AKWEL) acquired a 65% holding in the company Rubena Náchod, specialising in rubber and based in Rudnik, a small town with just over 2,000 inhabitants in the north of the Czech Republic. At the time it joined … Read more

First-half 2018 earnings

Sales of €559.3 million Operating margin of 10.3% In the first half, the Akwel Group achieved sales of €559.3 million, up 4.6% unadjusted and 10.7% on a like-for-like basis. Read the press release

Inauguration of our third plant in China, in Wuhan

  The AKWEL Group inaugurated on September 19th its third factory in China, in Wuhan, in the presence of local authorities (committee of the sustainable French-Chinese model city of Wuhan, members of the government of Caidin District), of its customers DPCA (Dongfeng Peugeot-Citroën Automobile), Renault-Donfeng, Ford Changan and companies that intervened on the site. The … Read more

Bursa (Turkey) and Monteux (France) plants rewarded by the PSA “Best plant” award

Each year, PSA rewards among its suppliers those who distinguished themselves by their outstanding results and their ability to support the Group in its strategic plans “Push to Pass” and “PACE”. The Quality level, the supply chain, the industrialization and the project launching are the main criteria to receive this price.   During the ceremony … Read more

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