Overview
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Description
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.
About
CEO
Mr. Jesus Maria Herrera Barandiaran
Employees
25902
Address
Alameda Mazarredo 69
8º
Bilbao, 48009, MD
Spain
8º
Bilbao, 48009, MD
Spain
Phone
34 946 05 48 35
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Spain
MIC code
XMAD