Press Releases

Rheinmetall Automotive receives award as Top 10 Benchmark Company from Hongqiao Government

At a recent award ceremony hosted by the Hongqiao CBD (Central Business District) Top 10 Benchmark companies in the area were honored. Rheinmetall Automotive was awarded the top position. Other companies that received the award included Unilever, Eaton, ToToLe, etc. Rheinmetall Automotive was awarded because of the good sales performance in 2018 and sustainable positive growth after settling down...

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Rheinmetall Automotive in the first half of 2020:
Sharp sales decline and strict cost management during coronavirus crisis

Rheinmetall Automotive AG did not escape the negative effects of the global crisis in the automotive industry and posted a 34% reduction in sales to €956 million (previous year: €1,440 million). Sales were down by 33% after adjustment for currency effects. The global production of light vehicles according to IHS Markit Vehicle Production Forecast (update of August 4, 2020, vehicles under 6 t)...

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Strategic contract from international OEM
Rheinmetall Automotive supplying solenoid valves to South Korea
Pierburg GmbH, a member of the technology group Rheinmetall, has won a strategically important contract for the supply of divert-air valves used in exhaust-gas turbochargers of vehicles with internal combustion engines or hybrid drivelines. The Rheinmetall Automotive subsidiary will then become major supplier for the entire global engine range of a renowned South Korean manufacturer.
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Rheinmetall Automotive secures major order:
Electrical vacuum pumps for China worth €250 million

A renowned international carmaker has awarded Rheinmetall Automotive AG, part of technology group Rheinmetall AG, a major order for electrical vacuum pumps. The order extends to a lifetime volume of €250 million. The components will be manufactured by Pierburg Huayu Pump Technology (PHP), a Shanghai- based joint venture company of Rheinmetall Automotive.

The ramp-up phase of production already...

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Rheinmetall Automotive hampered by coronavirus
Positive operating earnings despite substantial decline in sales

In the first quarter of 2020, Rheinmetall Automotive did not escape the downward trend on the global automotive markets and the effects of the coronavirus crisis, and reported decreased sales of €618 million for the first quarter of 2020 after €714 million in the same period of the previous year. This represents a decrease of €96 million or 13.5%. In comparison, the number of vehicles under 6 t...

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Pedelec systems from Rheinmetall Amprio
Logical step towards market launch
Amprio GmbH, which emerged from the Rheinmetall Group, is a new player in the rapidly expanding pedelec market. Starting next year, the systems supplier plans to produce electric traction systems for mountain and trekking bikes under the Rheinmetall Amprio brand. The company will also be launching its newly developed Amprio e-bike system with individual control unit (HMI) and rechargeable battery plus a comprehensive and customer-oriented logistics and service concept. With a view to this market launch, Amprio has since the start of the year been included in Rheinmetall Automotive's Aftermarket division, which operates on the global aftermarkets.
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Responsible for the high-tech group’s Automotive unit
Jörg Grotendorst named new Member of the Executive Board of Rheinmetall

Jörg Grotendorst, 50, has been appointed a Member of the Executive Board of Rheinmetall AG. Grotendorst, who currently heads the E-Mobility division of ZF Friedrichshafen, will in future have special responsibility on the Executive Board for the high-tech group’s Automotive unit. In his new role at Rheinmetall, he succeeds end of this year Horst Binnig, who retired at the end of 2019.

In the...

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KS Gleitlager providing rapid assistance in the crisis
50,000 bushings for intensive care
KS Gleitlager GmbH, a member of the technology group Rheinmetall, has now switched part of its production at short notice to the manufacture of precision bushings, which are currently urgently needed in the manufacture of solenoid valves for intensive care equipment.
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Robust performance in a weak market environment 2019
Rheinmetall Automotive achieves operating margin of 6.7%

Rheinmetall Automotive’s performance was influenced by weaker business in the international automotive industry again in 2019. The sales sank from €2,930 million in 2018 to €2,736 million in 2019, a reduction of 6.6%. According to the latest market data, global automotive production shrank by nearly 6% in the same period.

As a result of the drop in sales, the operating earnings (EBIT before...

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Rheinmetall Automotive wins major follow-up orders
Pumps for North American market worth €140 million

A well-known American OEM has awarded Rheinmetall Automotive AG subsidiary Pierburg Pump Technology US, LLC orders with a lifetime volume of around €140 million. The orders encompass two different pump models for gasoline engines. Both of these pumps are manufactured in Celaya, Mexico, where production began either in Fall 2019 or is set to start this year.

One of the products ordered is a tandem...

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