What TI Automotive makes

TI Automotive is a global Tier 1 supplier of fluid handling and thermal management systems for passenger cars, light trucks, and commercial vehicles across all propulsion types. The business operates two broad product segments. Fluid Carrying Systems (FCS), which accounts for roughly 57% of revenue, covers brake lines, fuel lines, multilayer low-permeation plastic tubes, high-pressure steel tubes, and connectors. Fluid Tank and Delivery Systems (FTDS), the remaining 43%, covers fuel storage, pump modules, and delivery systems for diesel, gasoline, flex-fuel, and hybrid vehicles.

Thermal management has become the segment with the most engineering intensity. The company's refrigerant and coolant product families span individual components, modular assemblies, and fully integrated thermal management architectures for battery-electric vehicles. Its Integrated Thermal Management Actuator (ITMA) platform combines all cooling distribution functions into a single compact module, targeting BEV programs where thermal loop complexity and weight are engineering constraints. Related products include inner battery fluid distributors, electrical coolant pumps, coolant flow valves, refrigerant accumulators, and receiver dryers.

For battery-electric and hydrogen vehicles, TI Automotive supplies battery enclosures, hydrogen tank liners, busbar holders, and battery module end plates, positioning the company to grow content per vehicle as the powertrain mix shifts. Cleaning lines for ADAS sensor systems and interior kinetic parts round out the portfolio. The company holds top-three or top-five market positions across its major product categories, per its own investor materials. In China, the company reports active pursuit of local OEM programs, with 66 launches in 2024 including approximately two-thirds with local Chinese OEMs.

Financial performance

TI Fluid Systems, the predecessor publicly listed entity, reported revenue of €3,360.3 million for the year ended 31 December 2024, a decline of 4.4% as reported and 3.5% at constant currency, against €3,516.2 million in 2023. The decline reflected destocking by a large OEM in the Americas, a managed exit from an unprofitable product line, and a reduction in Asia Pacific volumes linked to Global OEM production cuts in China. European revenue grew 3.1%, outperforming the regional market.

Despite the top-line pressure, Adjusted EBIT margin expanded 40 basis points to 7.8% (2023: 7.4%), reaching €260.8 million. That margin improvement, delivered in a year of revenue contraction and higher restructuring costs, reflected what the company described as intensified productivity and efficiency programmes in the second half of 2024. Adjusted Return on Capital Employed remained at 26.8%. Full-year bookings reached €2.7 billion, including €1.1 billion of EV-related awards.

Following ABC Technologies' acquisition on April 15, 2025, for an enterprise value of over £1.8 billion, TI Fluid Systems ceased to be a standalone listed company. The combined entity, now branded TI Automotive, reported pro forma combined revenue of approximately $5.4 billion (USD) for 2024, with roughly 34,600 employees across 26 countries. Berylls Strategy Advisors, in its 2026 Top-100 automotive supplier study, estimates the combined group's automotive-segment revenue at approximately €4.7 billion for FY2025, reflecting the first full fiscal year of the combined entity. That figure is a Berylls forecast, not audited financial disclosure from TI Automotive, which is no longer a reporting public company.

Ownership and history

TI Automotive traces its origin to Harry Bundy and Company, founded in Detroit, Michigan in 1922. The company's first contract was with Ford Motor Company, supplying gas lines for the Model T. Subsequent decades brought NYSE listing (1976 as Bundy Corporation), acquisition by TI Group in 1988, and the formation of TI Automotive Ltd as an independent company in 2001 after Smiths Group acquired TI Group. The company listed on the London Stock Exchange in 2017 as TI Fluid Systems plc, becoming a FTSE 250 constituent.

Between 2022 and 2024, the company opened five e-Mobility Innovation Centres -- in Rastatt, Germany; Incheon, South Korea; Nagoya, Japan; Jiading, China; and Auburn Hills, Michigan -- as engineering hubs for BEV thermal systems development.

ABC Technologies, a Toronto-based automotive Tier 1 owned primarily by funds affiliated with Apollo Global Management, completed the acquisition of TI Fluid Systems on April 15, 2025, paying an enterprise value of over £1.8 billion in an all-cash scheme of arrangement. Oaktree Capital Management holds a minority equity interest in the combined group. The combined business was rebranded TI Automotive, a name the two companies said reflects a heritage spanning more than 100 years and a shared focus on engineering-intensive, safety-critical components. Operational headquarters remain in Auburn Hills, Michigan. Terry Campbell, previously President and CEO of ABC Technologies, leads the combined group.

Certifications and quality

TI Automotive operates its manufacturing facilities under IATF 16949, the sector-standard quality management system for automotive suppliers. In 2025, per the company's own LinkedIn communications, its teams completed and passed 142 out of 142 IATF audits across the global network. The ISO 45001:2018 occupational health and safety certificate, issued by Bureau Veritas, covers design and manufacturing of plastic, rubber-coated steel, and tube components and fluid carrying assemblies, with a recertification audit completed in April 2024 and a certificate running through September 2027. The company's Juatuba plant in Brazil achieved Ford Q1 Certification in November 2024, which designates Ford-preferred supplier status. APQP and PPAP are referenced as standard quality procedures in the company's supplier-facing materials.

Known customers

TI Automotive's investor presentations name Volkswagen, Stellantis, Kia-Hyundai, Mercedes-Benz, Ford, Renault, Toyota, BMW, GM, Great Wall, Honda, Mazda, and Geely as customers, describing the business as serving all major automotive manufacturers worldwide. Several plant-level awards corroborate specific program relationships: the Changchun plant received Toyota's Zero Defect Recognition Award for the Toyota 330B fuel tank program (2023); the Hillsdale plant won its seventh consecutive GM Supplier Quality Excellence Award for DMAX engine push rods (2023); the San Jose Campos plant was named Hyundai's 2023 Supplier of the Year for brake and fuel products; and the Juatuba plant in Brazil earned Ford Q1 Certification in 2024. The Guangzhou plant supplies fuel tanks for Toyota, Honda, and Nissan programs, and received a Supplier Quality Award from Guangzhou Toyota for 2023.

Recent news

April 2025 -- ABC Technologies completed its acquisition of TI Fluid Systems for an enterprise value of over £1.8 billion. The combined business was rebranded TI Automotive and is now headquartered in Auburn Hills, Michigan under CEO Terry Campbell, a 30-year automotive industry executive formerly leading ABC Technologies (per company press release).

March 2025 -- TI Fluid Systems reported FY2024 full-year results: €3.36 billion revenue, 7.8% Adjusted EBIT margin. The margin expanded 40 basis points despite a 3.5% constant-currency revenue decline, driven by productivity and efficiency programs intensified in the second half of 2024 (per the company's London Stock Exchange announcement).

September 2025 -- TI Automotive made its first appearance under the combined brand at IAA Mobility in Munich, presenting its powertrain-agnostic product portfolio including lightweight washers, pressurized coolant tanks, and ultra-light pressurized hybrid fuel tanks (per ABC Technologies press release, July 2025).

Frequently asked questions

What does TI Automotive make?

TI Automotive makes fluid handling and thermal management systems for passenger vehicles across all propulsion types. Its core products include brake and fuel lines, fuel tank and delivery systems, and thermal management modules for battery-electric vehicles -- including refrigerant and coolant lines, integrated thermal modules, and battery enclosures.

Who owns TI Automotive?

TI Automotive is owned by ABC Technologies, a Toronto-based automotive Tier 1 supplier backed primarily by Apollo Global Management, with Oaktree Capital Management as a minority equity holder. ABC Technologies acquired the predecessor company, TI Fluid Systems plc, in April 2025 for an enterprise value of over £1.8 billion.

What is TI Automotive's revenue?

TI Fluid Systems, the predecessor entity, reported revenue of €3.36 billion for FY2024. The combined TI Automotive entity reported pro forma 2024 revenue of approximately $5.4 billion USD. Berylls Strategy Advisors estimates the group's automotive-segment revenue at approximately €4.7 billion for FY2025, reflecting the first full year of the combined business.

Where is TI Automotive headquartered?

TI Automotive's operational headquarters are in Auburn Hills, Michigan, USA. The parent company, ABC Technologies, is based in Toronto, Canada, which is why some industry studies list TI Automotive under Canada in supplier rankings.

Who are TI Automotive's customers?

TI Automotive's publicly listed customers include Volkswagen, Stellantis, Kia-Hyundai, Mercedes-Benz, Ford, Renault, Toyota, BMW, GM, Great Wall, Honda, Mazda, and Geely. The company describes its customer base as all major global automotive OEMs. Plant-level awards from Toyota, GM, Hyundai, Ford, Nissan, Honda, and DAF corroborate active supply relationships with specific programs.

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