CIE Automotive, S.A. (CUOTF)

Profile

https://www.ciena.com

CIE Automotive, S.A. is a Spanish-based global full-service supplier specializing in the development and manufacture of automotive components, assemblies, and sub-assemblies. It produces parts for powertrain and gearbox systems, chassis, steering, structural elements, transmission, brakes, interior and exterior trim, and roof systems using diverse materials like metals, plastics, and aluminum through processes such as machining, welding, forging, painting, and assembly. Approximately 27% of its 2024 sales related to electric vehicle applications, including battery housings, e-motor components, and chargers, reflecting its adaptation to electrification trends. Operating in 15 countries across four continents with around 24,495 employees, the company serves major markets in North America, Europe, Asia, Brazil, and India via strategic acquisitions and joint ventures, such as those with Mahindra and recent purchases like AKT Plásticos and Techniplas. Formed in 2002 from the merger of Corporación Industrial Egaña and Grup Siderurgico Vasco, CIE Automotive plays a pivotal role in the automotive supply chain, supporting diverse vehicle types with multi-technology solutions and Industry 4.0 innovations for efficiency and sustainability.