Verified Sep 2026
Diversified Tier 1
·

Essen, Germany
·
Since 1999
thyssenkrupp Automotive Technology is a German Tier-1 supplier and segment of listed thyssenkrupp AG, headquartered in Essen with approximately 90 manufacturing sites on four continents. Its portfolio spans electric power-assisted steering systems, assembled camshafts, shock absorbers, springs and stabilizers, axle modules, and body-in-white assembly systems, supplying the majority of major global automakers.
thyssenkrupp Automotive Technology at a glance
Revenue
EUR 7.0B
FY2025 · segment
Employees
~29,000
FY2025 · company-published
Founded
1999
Headquarters
Essen, Germany
Ownership
Segment of thyssenkrupp AG
ETR: TKA · MDAX
Certifications
IATF 16949:2016
Multi-site · claimed
Import activity
76
US import shipments on record (Thyssenkrupp Automotive Body, Troy MI)
Known customers
Volkswagen Group · General Motors · Ford
Company press releases
Industries
Automotive
Electric Vehicles
Electronics
Sourcing and import activity
From US customs bill-of-lading records, Thyssenkrupp Automotive Body entity (Troy, MI), 2022-2026
US sea imports
76
Named foreign suppliers
4
Top origins
Germany · Mexico · Romania · Hungary
Most recent shipment
Aug 2026

Shared foreign counterparties do not establish that these companies buy from thyssenkrupp Automotive Technology.
What this tells a buyer
The segment produces steering systems for more than 30 million vehicles per year and claims a global leadership position in assembled camshafts, making it one of the largest producers of two safety-critical component categories in the automotive supply chain.
A June 2025 realignment reorganized the segment into four business units focused on chassis, components, aftermarket, and forging -- and the April 2026 sale of Automation Engineering to Agile Robots SE marks the first divestiture, with Springs and Stabilizers also under strategic review.
The Budapest E/E Center of Excellence -- originally a three-person project to write servo algorithms for electric steering -- has grown to serve as the segment's group-wide electronics and software competence center, reflecting rising software content in what had been pure mechanical products.
Source: company public disclosures, thyssenkrupp AG investor materials, Berylls by AlixPartners Top-100 study, and company press releases · Last verified Sep 2026
STABILITY SIGNALS
Operating
EUR 6.99 billion in revenue (FY2025); part of thyssenkrupp AG, a listed industrial group on the Frankfurt Stock Exchange (MDAX). Berylls-reported margin -0.4% reflects as-reported figure; company adjusted EBIT excl. restructuring was +2.7%.
Around 90 manufacturing sites on four continents; steering systems for more than 30 million vehicles per year.
Supplies Volkswagen Group, General Motors, and Ford -- each documented via supplier quality awards on the company's own press releases.
What thyssenkrupp Automotive Technology makes
thyssenkrupp Automotive Technology is a German Tier-1 supplier covering a wide band of chassis, drivetrain, and body components for the international automotive industry. The company describes its portfolio as running from high-tech components and mechanical processing through to the assembly of highly complex mechatronic systems -- electronics and software developed in-house are increasingly part of the product, not an add-on.
The Steering business unit is the segment's largest and most recognized operation. It produces steering columns, electric power-assisted steering systems, and cold-forged steering components, and manufactures steering systems for more than 30 million vehicles per year across 24 plants and development centers. Headquarters for this unit sit in Eschen, Liechtenstein, where roughly 2,500 employees work on steer-by-wire systems and autonomous-driving-related steering technology -- the company treats these as development priorities, not future roadmap items.
Camshafts and powertrain components form a second major product line. thyssenkrupp Automotive Technology claims a global leadership position in assembled camshafts, reporting more than 30 million produced annually. Cylinder head cover modules, rotor shafts for electric drivetrains, and eA/C compressor components for EV thermal management round out the powertrain offering.
The segment also runs a shock absorber and spring/stabilizer business under the Bilstein name, including semi-active dampers for premium and performance vehicles. Axle assembly is a separate capability: complete axle modules are produced and delivered just-in-time and just-in-sequence directly to OEM assembly lines. A body solutions operation (Automotive Body Solutions) handles body-in-white framing -- from individual subassemblies to complete body builds using multiframer and robot framing systems for multiple vehicle variants.
A hot and cold forging operation at Homburg in Saarland produces structural metal parts for the drivetrain and chassis; the company says it operates one of the world's most modern forging lines at that site. Across all these product lines, the segment covers the entire value chain from component development through series manufacturing.
Financial performance
thyssenkrupp Automotive Technology generated approximately EUR 7.0 billion in revenue in FY2025, a decline of 4.8% from the EUR 7.3 billion reported in FY2024, per the Berylls by AlixPartners Top-100 study. EBIT margin for the period was -0.4%, reflecting restructuring charges and weak automotive production volumes across Europe, North America, and China.
The company's own segment reporting for its fiscal year ending September 30, 2025 puts segment sales at EUR 7.035 billion and adjusted EBIT -- which excludes restructuring and exceptional items -- at EUR 187 million, an adjusted margin of approximately 2.7%. The gap between reported EBIT and adjusted EBIT reflects a major cost-reduction program: in March 2025, the segment announced plans to cut approximately 1,800 positions and reduce personnel costs by more than EUR 150 million, alongside a temporary hiring freeze and reduced capital expenditure.
The employee base stood at 28,892 as of September 30, 2025, down from approximately 31,600 in the prior year, reflecting both the restructuring and a perimeter change as three business units were moved to separate operating structures.
Ownership and history
thyssenkrupp Automotive Technology is a segment of thyssenkrupp AG, which has been listed on the Frankfurt Stock Exchange under ticker TKA and included in the MDAX index since the group's formation. thyssenkrupp AG was created in 1999 from the merger of two major German industrial groups, Thyssen AG and Fried. Krupp AG, both with origins reaching into the 19th century. The group's headquarters are at thyssenkrupp Allee 1, 45143 Essen, Germany.
In June 2025, the segment announced a structural realignment effective October 2025, reorganizing its core activities into four customer- and technology-oriented business units focused on chassis, components, aftermarket, and forging. The company described this as a step toward becoming capital-market-ready as a standalone listed entity. The Automation Engineering business unit was sold to Agile Robots SE (Munich) in April 2026, completing the first divestiture under that strategy. Springs and Stabilizers remains under strategic review.
The Steering unit's operational center in Eschen, Liechtenstein, has more than 80 years of continuous operation in cold forming and steering technology, pre-dating the thyssenkrupp merger, and represents the clearest single historical thread within the segment.
Certifications and quality
thyssenkrupp Automotive Technology's manufacturing sites hold IATF 16949:2016 certification, the quality management standard for automotive production. A certificate for the Presta Shanghai plant (steering systems) was issued June 2023, valid through June 2026, and posted on the company's own site. IATF 16949 certification across multiple plants is the baseline requirement for a Tier-1 supplier at this scale supplying the major OEMs; the segment serves customers across Europe, North America, and Asia.
The company describes APQP and PPAP processes as standard practice and operates dedicated quality engineering functions within its business units. Its electronics and software capability -- including the E/E Center of Excellence in Budapest, Hungary -- is also subject to TISAX information-security assessment, relevant to OEM partners' supplier qualification requirements.
Known customers
thyssenkrupp Automotive Technology supplies steering systems and components to the majority of major global automakers. The following customers are documented through press releases on the company's own site or major-outlet coverage:
Customer | Evidence | Confidence |
|---|---|---|
Volkswagen Group | Supplier quality award for "outstanding product launches"; Audi axle assembly plant in San Jose Chiapa, Mexico (company press releases) (2017) | Documented |
General Motors | GM Supplier of the Year quality award on two separate occasions (company press releases) (2017) | Documented |
Ford Motor Company | Ford World Excellence Award, "Special Recognition" category, for steering business (company press release); multi-decade supply of steering columns, springs, camshafts across USA, France, Liechtenstein, China, and Mexico plants (2017) | Documented |
The segment's Steering business unit states that it produces systems for more than 30 million vehicles per year, implying supply relationships with virtually all major volume OEMs beyond those named above.
Sourcing evidence
US customs bill-of-lading records list Thyssenkrupp Automotive Body (Troy, MI) as the US importing entity. ImportYeti shows 76 US import shipments on record, with the most recent dated August 2026. Top foreign suppliers recorded include Thyssenkrupp Automotive Body, Thyssenkrupp System Engineering, and Hema Production Solutions. Inbound origins are consistent with the segment's European and NAFTA manufacturing footprint (Germany, Mexico, Romania, Hungary). This represents the body solutions US subsidiary; the broader segment's steering and chassis shipments may flow through separate legal entities not captured here.
1 entity shown of approximately 4 top foreign suppliers on record.
Frequently asked questions
What does thyssenkrupp Automotive Technology make?
thyssenkrupp Automotive Technology produces chassis and drivetrain components for the global automotive industry, including electric power-assisted steering systems and steering columns, assembled camshafts, shock absorbers and springs, axle modules, body-in-white framing systems, and cold-forged metal parts. It manufactures steering systems for more than 30 million vehicles per year and claims a global leadership position in assembled camshafts.
Who owns thyssenkrupp Automotive Technology?
thyssenkrupp Automotive Technology is a business segment of thyssenkrupp AG, a publicly listed German industrial group (Frankfurt Stock Exchange, ticker TKA, MDAX). The group was formed in 1999 through the merger of Thyssen AG and Fried. Krupp AG. As of 2026 the segment was executing a strategy to become capital-market-ready as a standalone entity, having completed the sale of its Automation Engineering unit in April 2026.
What is thyssenkrupp Automotive Technology's annual revenue?
The segment generated approximately EUR 7.0 billion in revenue in FY2025, a decline of around 4.8% from EUR 7.3 billion in FY2024, per the Berylls by AlixPartners Top-100 study. The company's own FY2024/2025 segment report states EUR 7.035 billion in sales.
Where is thyssenkrupp Automotive Technology headquartered?
The segment's parent, thyssenkrupp AG, is headquartered at thyssenkrupp Allee 1, 45143 Essen, Germany. The Steering business unit -- the segment's largest -- operates its global headquarters in Eschen, Liechtenstein. The segment runs approximately 90 manufacturing sites across four continents.
Who are thyssenkrupp Automotive Technology's customers?
thyssenkrupp Automotive Technology supplies the majority of major global automakers. Volkswagen Group, General Motors, and Ford are documented customers, each having awarded the company supplier quality recognitions cited in its own press releases. The Steering unit alone produces systems for more than 30 million vehicles per year, implying broad OEM coverage across Europe, North America, and Asia.
How many employees does thyssenkrupp Automotive Technology have?
The segment employed approximately 28,892 people as of September 30, 2025, down from roughly 31,600 in the prior year. The reduction reflects a restructuring program announced in March 2025 that targeted approximately 1,800 position eliminations globally, as well as a perimeter change as several business units were moved to separate operating structures.
Last verified September 2026. Is this your company? Request a correction.
Latest news
May 2026
thyssenkrupp Automotive Technology announced plans to close its Presta North America production site in Terre Haute, Indiana by March 2027, consolidating affected chassis activities at Bilstein of America in Hamilton, Ohio (company press release, May 2026).
Apr 2026
thyssenkrupp completed the sale of its Automation Engineering business unit to Agile Robots SE (Munich), following agreement reached in November 2025 -- the first closed divestiture under the segment's capital-market-readiness strategy (company press release, Apr 2026).
Jun 2025
Segment announced a structural realignment effective October 2025, creating four product- and technology-oriented business units; Automotive Body Solutions, Automation Engineering, and Springs and Stabilizers to operate separately pending strategic partnership or sale (company press release, Jun 2025).
Refreshed weekly · updated Sep 22, 2026
Leadership

Dr. Volkmar Dinstuhl
CEO, Automotive Technology
Location & contact
Certification
IATF 16949:2016
Automotive manufacturing; IATF 16949:2016 confirmed on Presta Shanghai plant (steering systems)
Current cycle (Presta Shanghai: June 2023 - June 2026)
Inside the facility

Steering rack assemblies on the production line -- thyssenkrupp Steering plants produce systems for more than 30 million vehicles per year

Assembled camshaft production line -- thyssenkrupp claims global leadership in assembled camshafts at more than 30 million units per year

Axle module assembly at the Leipzig plant -- just-in-time and just-in-sequence delivery direct to OEM assembly lines

BILSTEIN motorsport dampers -- the BILSTEIN brand covers semi-active and performance suspension systems for premium and motorsport vehicles
thyssenkrupp Automotive Technology media library (thyssenkrupp-automotive-technology.com/en/press/media-library)
thyssenkrupp Automotive Systems: Chassis, Powertrains and Steering Systems
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