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When Thyssen merged with Krupp in 1999, Budd Thyssen became ThyssenKrupp Budd Co. in North America and ThyssenKrupp Automotive Systems GmbH in Europe. In 2006, ThyssenKrupp sold the majority of Budd's operations.
ThyssenKrupp AG (/ ˈ t ɪ s ən. k r ʊ p /, German: [ˌtʏsn̩ˈkʁʊp]; [5] stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen .
The auto body manufacturer Magna International produces the chassis from parts that are delivered from the Daimler plant in Sindelfingen. Siemens VDO produces the entire cockpit, the cable trees and the batteries. ThyssenKrupp Automotive delivers the entire propulsion unit. The tire sets are delivered by Continental.
Germany’s Thyssenkrupp will split into two companies, one focused on capital goods and the other on materials, in efforts to simplify the conglomerate's complex structure. Thuy Ong reports
Corporación Gestamp, Spain's largest automotive supplier steel company was founded in 1997, as a spin-off of Gonvarri, created in 1958; it is wholly owned by the Riberas family. [citation needed] When Gestamp Automoción was formed, it exclusively supplied SEAT. It had begun from Gonvauto in 1991.
Valeo is a French global automotive supplier headquartered in France, ... The firm produced braking systems (1961), thermal systems (1962), lighting systems and ...
It is the primary contractor for a system using lithium-ion batteries from A123 Systems. General Motors instead signed a contract to assemble packs with cells purchased from Compact Power. [52] Continental continues to look at developments and innovation in the field of Automotive electrical-energy storage systems.
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