What Maxion Wheels makes

Maxion Wheels is the wheels business of Iochpe-Maxion S.A., and it describes itself as the world's leading wheel manufacturer. The company makes steel and aluminum road wheels for light, commercial, and special-purpose vehicles, and it reports producing more than 50 million wheels a year. Its product lines cover aluminum light vehicle wheels for passenger cars, steel light vehicle wheels for cars, light trucks, SUVs, and light commercial vehicles, and a full commercial vehicle range in both steel and, since January 2026, forged aluminum truck wheels. A specialty line serves agricultural, construction, forklift, mining, and military vehicles.

The company positions itself as a full-service partner to vehicle makers rather than a parts vendor, engaging early in a program to co-design wheels for weight, cost, styling, and now carbon footprint. Recent product work reflects that. In September 2025 the company launched Maxion FUSION, a multi-material light vehicle wheel, at IAA Mobility in Munich. In November 2025 it confirmed that serial production of forged aluminum truck wheels would start in January 2026 at a new plant in Manisa, Turkiye, built as a joint investment with Inci Holding. Wheels are the finished product Maxion ships to OEMs, and the company sits high in the automotive supplier tier structure as a direct Tier-1 to global automakers.

Financial performance

Maxion Wheels does not report standalone financials. Its parent, Iochpe-Maxion S.A., is listed on Brazil's B3 exchange under the ticker MYPK3 and reports consolidated results that combine the Maxion Wheels division with a structural components division. For fiscal year 2024, Iochpe-Maxion reported net operating revenue of R$15,331.8 million, up 2.5 percent year over year, with a gross margin of 11.9 percent and recurring EBITDA that grew 21.6 percent to an EBITDA margin near 9.9 percent. The company framed 2024 as a year of normalizing profitability and capital discipline.

Momentum carried into 2025. In the first quarter, the group reported net revenue of R$3.9 billion, up 9.5 percent, with a gross margin of 11.3 percent and an EBITDA margin of 9.0 percent. Net debt to EBITDA improved to 2.34x from 2.95x a year earlier, and the company held R$1.93 billion in cash plus R$760 million in undrawn credit lines at the end of the quarter. Those are group figures, not wheels-only figures, but they describe a listed parent with a serviceable balance sheet behind the wheels business.

Ownership and history

Maxion Wheels traces steel wheel production in Konigswinter, Germany back to 1919, and it markets more than 100 years of wheel-making experience. The Novi, Michigan operation, which today serves as the Americas engineering and commercial base, dates to 1908, and the Brazilian Cruzeiro plant to 1943. The modern Maxion Wheels took shape when Iochpe-Maxion, a Brazilian industrial group, built a global wheels footprint over the past two decades, including the acquisition of the former Hayes Lemmerz wheel business in 2012.

Today the company operates as the wheels division of Iochpe-Maxion S.A., with the parent describing itself as the global leader in wheels and the leader in the Americas in structural components across 33 plants in 14 countries. Maxion runs wheel plants and offices in Germany, the United States, Mexico, Brazil, Turkiye, the Czech Republic, Spain, Italy, India, South Africa, China, and Thailand, with commercial offices in Bangkok, Birmingham, Shanghai, and Yokohama. Several operations run as joint ventures, including Maxion Inci in Turkiye with Inci Holding and Kalyani Maxion in India with the Kalyani Group. The global leadership team is led by CEO Mark Gerardts, who also runs the Europe, Middle East and Africa business unit, with Alexandre Becker as Business Unit President for the Americas.

Certifications and quality

Maxion runs its plants to the automotive sector's standard quality systems. The company and its operating units hold IATF 16949 certification for automotive quality management, along with ISO 45001 for occupational health and safety and ISO 14001 for environmental management, certified through Bureau Veritas at plants such as the Turkiye operations. IATF 16949 is the baseline expectation for a direct automotive supplier, and Maxion reports it across its multi-site network. Quality performance has also drawn external recognition. In 2016 Ford Motor Company presented Maxion with a Ford World Excellence Award, an honor Ford reserves for suppliers that exceed its quality expectations. For buyers evaluating a wheel source, these certifications and the PPAP discipline that comes with IATF 16949 are the quality-system floor Maxion already meets.

Known customers

Maxion supplies wheels to global light and commercial vehicle manufacturers. Most program relationships are not individually published, which is normal for a Tier-1. Two customer relationships appear in the public record.

Beyond these, Maxion's own product pages and news describe supplying OEMs and fleets across Europe, the Americas, and Asia. The company's global-local model, producing in the region where vehicles are built, is a stated part of how it serves automakers close to their assembly plants.

Sourcing evidence

Maxion's US import record reads as an intra-company distribution graph rather than an outside-sourcing pattern. Through its Novi, Michigan import entity, the company has 2,439 US sea shipments on record, most recently in September 2026, averaging 43.1 TEU per month with a steady, high monthly cadence across the year. A second US entity in Akron, Ohio carries a further 837 shipments. The top shippers are Maxion's own global plants and joint ventures.

Five shown of the recorded suppliers. By origin, the flow leads with Brazil (1,268 shipments), Turkiye (686), India (287), and Germany (117). The product mix is overwhelmingly finished road wheels under HTS heading 8708.70, with occasional plant equipment such as machining centers and furnaces, the profile of a manufacturer importing its own finished output and capital equipment rather than a reseller importing goods for resale. This global-to-US wheel flow is relevant to buyers weighing nearshoring and tariff exposure, since Maxion also runs US and Mexican plants that can serve North American programs locally.

Coverage caveats: these are US ocean-freight records only. Air, truck, and rail movements do not appear, some records name freight intermediaries rather than plants, and product categories come from declared manifest codes, which are noisy. Absence of a record is not evidence of absence.

Frequently asked questions

What does Maxion Wheels make?

Maxion Wheels makes steel and aluminum road wheels for light, commercial, and special-purpose vehicles. Its range covers aluminum and steel passenger car wheels, steel and forged aluminum commercial truck wheels, and specialty wheels for agricultural, construction, forklift, mining, and military use. The company reports producing more than 50 million wheels a year.

Who owns Maxion Wheels?

Maxion Wheels is the wheels division of Iochpe-Maxion S.A., a Brazilian industrial group listed on the B3 exchange under the ticker MYPK3. Several Maxion plants operate as joint ventures, including Maxion Inci in Turkiye with Inci Holding and Kalyani Maxion in India with the Kalyani Group.

What is Maxion Wheels' revenue?

Maxion Wheels does not publish standalone revenue. Its parent, Iochpe-Maxion, reported consolidated net revenue of R$15,331.8 million in fiscal year 2024, up 2.5 percent, and R$3.9 billion in the first quarter of 2025, up 9.5 percent. Those figures combine the wheels division and a structural components division.

Where is Maxion Wheels headquartered?

Maxion Wheels lists its global headquarters in Konigswinter, Germany, where it has produced steel wheels since 1919. Its Americas engineering and commercial base is in Novi, Michigan, and its US wheel plant is in Sedalia, Missouri. The parent company, Iochpe-Maxion, is based in Sao Paulo, Brazil.

Who are Maxion Wheels' customers?

Maxion supplies wheels to global light and commercial vehicle OEMs. Ford is a documented customer, having presented Maxion with a Ford World Excellence Award in 2016, and Ford and Chrysler original-equipment part numbers appear on import manifests. Most other program relationships are not individually published.

What certifications does Maxion Wheels hold?

Maxion holds IATF 16949 for automotive quality management, along with ISO 45001 for occupational health and safety and ISO 14001 for environmental management, certified through Bureau Veritas at plants including its Turkiye operations. IATF 16949 is the standard quality-system requirement for a direct automotive supplier.

Last verified September 28, 2026. Is this your company? Request a correction.