Switzerland-based Autoneum has established a new business unit for commercial vehicles to expand its existing truck business and to increase revenue and profitability in this segment.
The business unit will initially focus on the commercial vehicles business in Europe and South America, as these two regions have a comparable customer base.
The company, a supplier of vehicle acoustic and thermal insulation, will also be investigating business opportunities in Asia and North America, said Valéry Beulné, head of the commercial vehicles business unit.
For the full story, see the April 2024 edition of MobileTex.
Photo: Autoneum