Automotive High-tech - High Beams on Suppliers

The merger between Schaeffler and Continental was one of the biggest in German economic history. The fanfare surrounding the union has thrown a spotlight on the extremely valuable and highly-efficient automotive supply industry. Who has not heard of engines from Bosch, steering systems from ZF, and headlights from Hella lighting technologies? About 78 percent of value creation for name-brand cars comes from parts suppliers, while only 22 percent is down to the manufacturers themselves. Lippstadt-based Hella has just released its latest high-tech product onto the market featuring new LED headlight technology. Style, as well as improving visibility is at issue. The new parts are good-looking and is increasing turnover at Hella. In 2007, the company earned 75 billion euros. Linda Vierecke reports.

DW-World | August 26, 2008

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