+ All Categories
Home > Documents > GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need...

GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need...

Date post: 23-May-2020
Category:
Upload: others
View: 7 times
Download: 0 times
Share this document with a friend
20
AWARDS Saarlouis in USA, Rosslyn in South Africa & Trimtec in Brazil PAGES 12 & 13 NEWS IN BRIEF Presence at several forums PAGES 14 & 15 LABOUR HEALTH AND SAFETY In India, Mexico & Slovakia PAGE 16 INNOVATION Sky-fx The end user voice PAGE 17 DESIGNING THE FUTURE New concept of the vehicle interior PAGE 18 BACK COVER Geneva Motor Show PAGE 20 SUMMARY forma GRUPO ANTOLIN Nº72 - June 2015 The acquisition means that together, the company would have registered global sales of 4,062 million euros in 2014 and had a workforce of over 27,000 employees. On April 16, 2015, Grupo Antolin announced the largest opera- tion in its history, the acquisition of the interiors division of the Canadian company Magna for the sum of 490 million euros. On the same day, the results obtained in the 2014 financial year were presented, showing some magnificent figures that will help it successfully carry out the purchase of Magna Interiors. This operation, subject to approval by the competition author- ities, will be completed in the third quarter of 2015. PAGE 2 GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS JOSÉ MANUEL TEMIÑO RECEIVES THE HONOR AWARD FROM CASTILLA Y LEÓN ECONÓMICA Our CEO took advantage of the event to thank the Antolín family for their trust and all the employees for their hard work PAGE 8 ERNESTO ANTOLÍN, CHAIRMAN OF GRUPO ANTOLIN, FINALIST OF THE EY ENTREPRENEUR OF THE YEAR AWARD 2014 Our Chairman has been the Spanish representative at the EY World Entrepreneur Of The Year celebrated in Monaco PAGE 9
Transcript
Page 1: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

AWARDS Saarlouis in USA, Rosslyn in South Africa & Trimtec in Brazil

pages 12 & 13

NEWS IN BRIEFPresence at several forums

pages 14 & 15

LABOUR HEALTH AND SAFETY In India, Mexico & Slovakia

page 16

INNOVATIONSky-fx The end user voice

page 17

DESIGNING THE FUTURE New concept of the vehicle interior

page 18

BACK COVERGeneva Motor Show

page 20

SUMMARY

formaGRUPO ANTOLIN

Nº72 - June 2015

The acquisition means that together, the company would have registered global sales of 4,062 million euros in 2014 and had a workforce of over 27,000 employees.

On April 16, 2015, Grupo Antolin announced the largest opera-tion in its history, the acquisition of the interiors division of the Canadian company Magna for the sum of 490 million euros. On the same day, the results obtained in the 2014 financial year

were presented, showing some magnificent figures that will help it successfully carry out the purchase of Magna Interiors. This operation, subject to approval by the competition author-ities, will be completed in the third quarter of 2015. page 2

GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS

JOSÉ MANUEL TEMIÑO RECEIVES THE HONOR AWARD FROM CASTILLA Y LEÓN ECONÓMICAOur CEO took advantage of the event to thank the Antolín family for their trust and all the employees for their hard work page 8

ERNESTO ANTOLÍN, CHAIRMAN OF GRUPO ANTOLIN, FINALIST OF THE EY ENTREPRENEUR OF THE YEAR AWARD 2014 Our Chairman has been the Spanish representative at the EY World Entrepreneur Of The Year celebrated in Monaco page 9

Page 2: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

GRUPO ANTOLIN BEGINS A NEW PHASE AS A LEADING PLAYER IN THE AUTOMOTIVE INTERIOR INDUSTRY· It will become the third largest global supplier

of interiors

· It will double its current size, reaching sales of more than €4 billion and a workforce of over 27,000 employees

· It will reinforce its presence in key areas such as Europe and the USA, and diversify its customer and product base

· It will be able to fully equip the interior of a vehicle thanks to new products and technologies

Grupo Antolin acquires the interior of MAGNABecomes the THIRD largest global supplier of vehicle interiors

IN COVER

On April 16, 2015, Grupo Antolin announced the largest operation in its history, the acquisition of the interiors division of the Canadian company Magna for the sum of 490 million euros. On the same day, the results obtained in the 2014 financial year were presented, showing some magnificent figures that will help it successfully carry out the purchase of Magna Interiors. This operation, subject to approval by the competition authorities, will be completed in the third quarter of 2015.

This is the start of a new phase in which Grupo Antolin, on be-coming the third largest global supplier, will play a leading role in the automotive interior industry. It will double in size, reinforce its already solid global platform and add new products and tech-nologies that will allow it to fully equip the interior of a vehicle. In short, it will become a more diversified and therefore more resis-tant company, one that will undoubtedly play an important role in the automotive industry.

“We are leading the consolidation of the industry in order to become more competitive and offer the best solutions to our customers”

Ernesto Antolín, Chairman of Grupo Antolin

2 grupoantolinINFORMA june 2015

Page 3: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

“We are very happy to have found the

opportunity to acquire a business that is so

complementary to ours. This operation

allows us to perform a consolidating role in

the vehicle interiors sector and respond to

the demands of the market. We will be more

competitive in technology and have a greater

capacity to generate economies of scale”

Ernesto Antolín

Chairman of Grupo Antolin

A MORE DIVERSIFIED AND STRONGER COMPANY

In an industry as competitive as the automotive sector, size is key when it comes to responding to the major ve-hicle trends (comfort, sustainability, global platforms, technology agreements with OEM’s, growth outside the traditional markets).

The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of

becoming a leader in the interiors industry and offering the best solutions to the customers. It is a necessary step to make the Group stronger through reinforcing its diversifi-cation in terms of technologies, customers and markets.

Grupo Antolin has completed the most important opera-tion of its history at its best moment. In 2014 it achieved sales of €2,225 million and an operating profit of €175 mil-lion, figures that show the success of the company’s man-agement model. The purchase also coincides with a sig-nificant improvement in the economies of its two largest

markets (Europe and United States) and with growth in the automotive industry that is estimated to be 4.4% annu-ally up to 2018, with expected increases of 2.7% in NAFTA, 3.2% in Europe and 7.4% in Asia Pacific.

Financial soundness and a clear strategic direction are go-ing to allow Grupo Antolin to successfully complete the acquisition of Magna Interiors, the financing of which has involved signing a five-year syndicated loan of €200 million (which involves 10 banks headed by Deutsche Bank) and is-suing a bond of €400 million.

PRODUCTS · Ability to offer the complete vehicle interior

· New products: Instrument panels

· New technologies for producing doors

· Global leadership in overhead systems

· Strong presence in seats and lighting

The complementarity of the businesses of both companies is one of the main attractions of this operation that will not only increase the size of the company, but also see the arrival of new resources and technologies that will help it to more suc-cessfully address new challenges.

Grupo Antolin will add instrument panels to its product port-folio, a product it has not manufactured until now. It will also add key technology that will reinforce its doors unit. All of this is added to its global leadership in overhead systems and its solid presence in lighting and seats.

PRODUCTS PRESENCE CUSTOMERS

Instrument panels will create a fifth Business Unit. From now there will be Overhead Systems, Doors, Seating, Lighting and Instrument Panels.

grupoantolinINFORMA 32015 june

Page 4: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

PRODUCTS PRESENCE CUSTOMERS

PRODUCTS CUSTOMERS

INTERNATIONAL PRESENCE

· Strong presence in the major automotive markets:

- Greater presence in the USA, where it will gain weight in the doors area

- Consolidation in Europe and an extremely important industrial position in Germany and the UK

- Reinforcement of its presence in China

· Global platform to respond to the needs of customers

In terms of international presence, Grupo Antolin will reinforce its position in key markets for the industry with a strong pres-ence in Europe, North America and Asia. This operation will al-low for the consolidation of a global platform and will extend relationships with the customers.

CUSTOMERS

· Presence in all segments of the industry and reinforcement of its position with some, such as: Jaguar-Land Rover, BMW and Mercedes

· Well-balanced portfolio

· Consolidation of long-term relationships

· The operation is supported by the customers

The Group has the support of its customers to complete the op-eration. The market is experiencing a time of consolidation and vehicle manufacturers need increasingly large suppliers to help them innovate.

In this context, complementarity in the customer portfolio has be-come one of the most important aspects and Grupo Antolin will ex-pand its presence in all segments and strengthen its position with General Motors, Jaguar-Land Rover, BMW and Mercedes.

.

GRUPO ANTOLIN MAGNA INTERIORS

+

PRESENCE

“The key reasons for purchasing Magna have been to increase our presence in the United States and with high-end customers”

María Helena Antolín

Vice-Chairman of Grupo Antolin

€2,225 M

€1,685 M

2014

PF C

OM

BIN

ATED

2014

200

720

00

€627 M

€4,062 MOthers

Others

Others

Others

Daimler

Daimler

Daimler

Daimler

BMW Group

BMW

BMW

BMW

TATA GroupJaguar Land Rover

TATA GroupJaguar Land Rover

GM

GM

GM

GM

Hyundai KIA

Hyundai KIA

Chrysler

PSA Group

PSA Group

PSA Group

PSA Group

Ford

Ford

Ford

Ford

Renault Nissan

Renault Nissan

Renault Nissan

Renault Nissan

FIAT-Chrysler Group

FIAT-Chrysler Group

Volkswagen Group

Volkswagen Group

Volkswagen Group

Volkswagen Group

“Our customers have encouraged us to complete

the operation given that we are an industrial partner,

a family company with a long-term project that

relies on the support of our shareholders”

José Manuel Temiño

CEO of Grupo Antolin

4 grupoantolinINFORMA june 2015

Page 5: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

IN 2010 IN 2014

OVERHEAD OVERHEADOVERHEAD

WITH MAGNA INTERIORS TODAY

TRUST IN THE EXPERIENCE OF GRUPO ANTOLIN

Grupo Antolin is a family business with a sound shareholder that has an ambitious business project for the future. The Antolín fam-ily has shown its long-term commitment to the company and its staff. Both companies also have strong management teams which are highly committed to the success of the operation. Despite the possible cultural differences, the two companies have one very im-portant thing in common: their desire for leadership.

FINANCIAL STRENGTH · Strong results in 2014· Sales, +6.8%· Ebitda, +18.7%

FAMILY COMPANY · Commitment to the shareholders.· Long-term project

INNOVATION · +20.7% investment· 3.1% sales· 900 R+D+i engineers

INTERNATIONAL PRESENCE · 4 new factories in 2014· 36 more factories are added to the 125 GA ones· Present in 27 countries

“We are going to carry out a simple and professional

merger in which we will incorporate all the talent

of Magna Interiors into the Group and strengthen our

international profile”

Jesús Pascual COO of Grupo Antolin

A QUICK AND PROFESSIONAL MERGER

· Grupo Antolin has created a merger team with professionals from both companies

· At first, the exchange of best practice will be encouraged

· Creation of a new business unit

A team has been created to handle the merger process. This is made up of professionals from both companies and it will have all the resources necessary to ensure that the best practices of each company are established.

The Group will add a fifth Business Unit: overhead systems, doors, seats, lighting and instrument panels. Over the approx-imately two years that the integration process is expected to last, the services of Antolin will be incorporated and then the factories will be grouped by division.

The headquarters of this division will be established in Munich (Germany) where the third Antolin R+D center will be created, which will be made up of a team of almost 200 engineers. This center will be complementary to the benchmark technological center in Burgos.

THE PROFESSIONALS, THE KEY PLAYERS

The staff has been fundamental in this operation. The final Gru-po Antolin will have a workforce of around 27,500 people.

Grupo Antolin has a committed and professional workforce that has proven its worth over the years to become a leader in the automotive industry. This commitment will be reinforced by having the professionals from Magna who have shown ample proof of their ability and will carry out highly skilled tasks in ar-eas that are unknown to the Group.

SALES

€4,062 M

27 COUNTRIES

161 FACILITIES

25 COUNTRIES

125 FACILITIES

22 COUNTRIES

86 FACILITIES

SALES

€2,225 MSALES

€1,780 M

11,788EMPLOYEES

15,400EMPLOYEES

27,000EMPLOYEES

DOOR DOORDOOR SEATING SEATINGSEATING LIGHTING LIGHTING COCKPIT

grupoantolinINFORMA 52015 june

Page 6: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

Grupo Antolin announced June 10 that its subsidiary Grupo Antolin Dutch B.V. has completed the pricing of its €400 million aggregate principal amount of senior secured notes with an annual interest rate of 5.125%.

The transaction has received an oversubscription of three times. Analysts were particularly impressed by the experience of the com-pany and the opportunity the company has with this acquisition that means a clear support to Grupo Antolin’s growth strategy.

The acquisition will be financed by a €400 million issue plus a €200 million syndicated loan at five years and a Euribor +2.75% margin.

This bank financing facility has already been closed and the com-pany has taken the opportunity to refinance the terms for a similar €400 million loan signed last year with its usual bank syndicate and which has improved by 50 basis points.

The company’s financial strength has been a major asset in achiev-ing this excellent financing and ensuring the unanimity of all members of the bank syndicate to approve the amendment to the agreement signed last year.

The bonds, which trade on the Luxembourg market, have been rat-ed by the agencies Standard & Poor’s and Moody’s. ▪

WITH A 7-YEAR MATURITY AND YEARLY FIXED COUPON OF 5.125% AND IMPROVES ITS LONG TERM FINANCING CONDITIONS

THE TRANSACTION SECURES THE FUNDS THE COMPANY NEEDS TO FINANCE THE ACQUISITION OF MAGNA INTERIORS

GRUPO ANTOLIN HAS IMPROVED THE FINANCING COST OF THE €400 MILLION SYNDICATED LOAN SIGNED LAST YEAR BY 50 BASIS POINTS

THE COMPANY’S FINANCIAL STRATEGY ENABLES IT TO ACHIEVE SUCH COMPETITIVE FINANCING COSTS

The City of London, where financial products worth almost $2 trillion are bought and sold every day, a third of the total money that moves on the planet

PICTURE: WWW.LIBREMERCADO.COM

Grupo Antolin achieves market support again

6 grupoantolinINFORMA june 2015

Page 7: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

The Group consolidate improved its Ebitda and Ebit margins reaching 12% ans 7.9% respectively. Ebitda grew by 18.7% to €267 million, whereas for the Ebit, the improvement was of 38% reach-ing €175 million.

Moreover, the high degree of diversification achieved by the com-pany along its product-territory-client axes, has become a differen-tial value and a protective mechanism that helps reduce potential negative impacts arising from adverse situations in any of these. Thus, the weak performance of the automotive sector in Mercosur during 2014, was offset by its improvement in the territories of Eu-rope and Asia-Pacific.

INVESTMENT COMMITMENT Grupo Antolin increased its investment by 24.1%, to €143.49 million, in order to have appropriate solutions to its clients.It is worth highlighting the company’s commitment to R&D and innovation. In 2014, Grupo Antolin increased the funds destined for this area by 20.7% to reach 3.1% of total sales.

CLIENTS Our main clients by order of billing were: Ford Motor Co., Volkswagen Group, Renault-Nissan and Fiat-Chrysler. In 2014 the most significant increases were reflected by Daimler and Renault-Nissan with a percentage increase of 23.9% and 17.9% respectively.

TERRITORIES By region, Grupo Antolin recorded noteworthy sales increases in Asia-Pacific (+28.4%) and Europe (+11.7%), with a more moderate performance in North America (+1.3%). In Mercosur, the company has felt the effects of a slowdown in the automotive industry and its sales fell by 34.8%.

The significant performance of Grupo Antolin in Spain should be highlighted. The first signs of economic recovery as well as the improved outlook of automobile manufacturers has enabled the company to improve its figures compared to the previous year and increase its sales by 13.3%.

FUNCTIONS The greatest sales increases were recorded in the Seating Business Unit (+10.5%), driven by the projects of USA Peugeot Citroën and Daimler and the overall evolution of the sector in Europe. The Lighting business unit has grown (+26.5%) thanks to the new programs that came in at the end of 2013 and the good progress in the European and Chinese markets.

The growth in Doors reached 7.8%, benefitting from a greater ex-posure to Europe, thus offsetting the impact derived from the drop in the Brazilian market and the effect of the exchange rate.

On the other hand, the Overhead systems Business Unit has re-corded a more moderate growth rate than the other business units, (+3.4%), due to the situation in the Brazilian market, the ef-fect of the exchange rate and the end of a series of projects in the Nafta area that will be replaced in 2015.

WORKFORCE During 2014, Grupo Antolin increased its aggregate workforce by 4.3% to with significant increases in Spain, rest of Europe and Asia Pacific. In Asia, the world’s leading automotive market, the workforce rose to reach 2,867people spread across China, India, Japan, Thailand and South Korea. In Spain the workforce now stands at over 2,636 people, representing a growth of 4.4%. These figures are a sign of the strong performance of the automobile industry which has become one of the main worldwide creators of jobs. ▪

THESE FIGURES, REFLECT THE SUCCESS OF THE INDUSTRIAL, SALES AND FINANCIAL MANAGEMENT MODEL OF THE COMPANY

2014, better than the previous year

GRUPO ANTOLIN REACHED REVENUES OF €2,225 MILLION AND AN OPERATING PROFIT OF €175 MILLION, 38% MORE THAN IN 2013

STRONG PERFORMANCE IN EUROPE AND ASIA-PACIFIC, WHICH ALLOWED FOR THE INCREASE IN TURNOVER

GRUPO ANTOLIN INCREASED ITS SALES IN SPAIN BY 13% OVER THE PREVIOUS YEAR

DOORS, SEATING AND LIGHTING DROVE THE COMPANY’S EBITDA

TOTAL INVESTMENT GREW BY 24.1% TO €143.49 MILLION, AND THE R&D EFFORT INCREASED BY 20.7%, TO 3.1% OF SALES

THE WORKFORCE REACHED 15,469 EMPLOYEES, WHICH REPRESENTS A GROWTH OF 4.3

In 2014, the revenues of Grupo Antolin increased by 6.7% reaching €2,225 million, surpassing growth in the market. These outstanding results reflect the effort made by Grupo Antolin to meet its targets as well as the excellent level of competitiveness attained.

“The company has improved its operating

and financial metrics and continued on its

profitable growth path. Its experience in the

sector, its commitment to efficiency and its control

of investment will help ensure the company’s

financial health”

Luis Vega

Chief Financial Officer

of Grupo Antolin

grupoantolinINFORMA 72015 june

Page 8: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

AWARDS

JOSÉ MANUEL TEMIÑOThe Honor Award from Castilla y León EconómicaOn May 28 in Valladolid, the CEO of Grupo Antolin, José Manuel Temiño, received the Honor Award from the magazine Cas-tilla y León Económica and took the opportunity to explain the secrets behind the success of the company.

AWARD WINNERS The winners at the II Castilla y León Económica Awards for Best Director were José Manuel Temiño Estefanía, CEO of Grupo Antolin, Honor Award; Miguel Calvo, CEO of Grupo Norte, Best Company Director in Castilla y León; Ismael de los Mozos, Director of GSK in the Aranda de Duero factory (Burgos), Multinational located in Castilla y León; José Manuel García Bejines, Finance Director at Queserías Entrepinares, Financial; David Villagrá Blanco, Marketing Director at Facundo Blanco, Sales and Marketing; David Herguedas Simón, Human Resources Director at Gadea Grupo Farmacéutico, Human Resources; Guillermo Pérez Valle, Sales Director at Bodega Cuatro Rayas, Exporting and Internationalization; Enrique Cobreros, Director of AEICE Construcción Eficiente, R+D+i; Enrique Valero Quintana, Managing Director of Abadía Retuerta, Quality; and Daniel Carreño Álvarez, President of General Electric España and Portugal, Director from Castilla y León who is successful elsewhere.

At the ceremony for the II Castilla y León Económica Awards for Best Director, José Manuel Temiño Estefanía, CEO of Grupo Antolin, highlighted that since the beginning of the company, “creativity and customer satisfaction have been and remain the values that have influenced our actions and which I consider the keys to our business success”.Moreover, Begoña Hernández, acting Deputy Minister of Economic Policy, Enterprise and Employment, highlighted the importance of “recognizing the work of the directors from our autonomous community, who have had to do everything in their power to ensure that their companies are more competitive each day, despite the severe difficulties that have been part of both the national and international economic outlook”.

Almost 800 people took part in the II Cas-tilla y León Económica Awards for Best Director which was held in Auditorium I at the Feria de Valladolid and was attend-ed by María Dolores Dancausa, CEO of Bankinter, and Francisco Román, President of Vodafone Spain.

During his speech, José Manuel Temiño underlined the trust placed in him by the Antolín family which has allowed him to de-velop the business which has now reached a size that was unthinkable when he first joined. He also shared the secrets of success for the company in which creativity, lead-ership and customer satisfaction have un-doubtedly played a fundamental role. He also mentioned the diversification of Grupo Anto-lin (product, territory and customers) which placed it in a better position to successfully overcome the most difficult moments.

José Manuel also underlined the importance of the people working at the company. He highlighted the strong desire of the group to have its own technology, resulting in it having over 800 people across the world dedicated to innovation, a figure which has grown by 50% over the last 4 years, and in-vesting an average of 3% of its sales in R+D+i.

To finish, he referred to the new senior management, the new generation head-ed by Ernesto and María Helena Antolín, which in the words of Temiño “has been responsible for driving through an import-ant period of inorganic growth that will practically double the size of our group and strongly consolidate our company as one of the top 3 worldwide in the field of cover-ings for vehicle interiors”. ▪José Manuel Temiño, CEO of Grupo Antolin together with Begoña Hernández, acting Deputy

Minister of Economic Policy, Enterprise and Employment.

PICTURES COURTESY OF CASTILLA Y LEÓN ECONÓMICA

8 grupoantolinINFORMA june 2015

Page 9: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

AWARDS

ERNESTO ANTOLÍNThe finalist of the World EY Entrepreneur Of The Year Award 2014 Ernesto Antolín, Chairman of Grupo Antolin, was the winner of the national EY Entrepreneur Of The Year Award 2014 award from a total of fourteen finalists from thirteen companies. Our Chairman was presented with the award by the Minister of Industry, Education and Tourism, José Manuel Soria, in a ceremony held on February 27 at the Royal Tapestry Factory in Madrid which was attended by over two hundred representatives from the worlds of business and academia.

During the award ceremony, Ernesto Antolín outlined that: “Grupo Antolin’s recipe for suc-cess is based on common sense, hard work and a little luck. These are the main ingre-dients, but you have to season them with a pinch of commitment, humility and concern for people”.

In this regard, he highlighted the effort of the founders, as well as the commitment shown by all the employees: “On a day like today, I would like to share this award with them. Without their efforts, dedication and com-mitment I would not be here. Our project for the future is encouraging and I am convinced that the best chapters of our history are yet to be written”.

Global Entrepreneurs Gather in Monte Carlo for the 2015 EY World Entrepreneur Of The Year Award

Ernesto Antolín was also the Spanish repre-sentative in the world EY Entrepreneur of the Year Award that was hold 4-6 June in Mona-co. María Helena Antolín, Vice Chairman of Grupo Antolin, was also attended the event.

65 Entrepreneur Of The Year winners from 53 countries competed for the world title and cement their legacy by entering the EY World Entrepreneur Of The Year Hall of Fame in Monte Carlo. The winner was announced at a ceremony on the evening of Saturday, 6th June at Salle Des Étoiles. Mohed Altrad, the founder and CEO of Montpellier-based Altrad Group, was named EY World Entrepreneur Of The Year 2015.

As well as the awards, this year’s program includes a series of keynote speeches, panel discussions and events of special interest to entrepreneurs and influential business lead-ers in attendance. Under the theme “How are you reshaping our world?” the sessions will look at the impact entrepreneurs can make and the legacy they can leave, and in par-ticular the global issue of youth unemploy-ment. ▪

Now in its 15th year, the EY Entrepreneur Of The Year Award is considered the world’s most prestigious business award for entrepreneurs.

Three day forum addresses impact entrepreneurs can make and the legacy they can leave through the innovations, jobs and economic growth they create, all of which help to build a better working world.

The world’s most successful and innovative entrepreneurs descend on Monte Carlo 4-6 June ahead of the 2015 EY World Entrepreneur Of The Year Award.

PICTURES COURTESY OF EY

grupoantolinINFORMA 92015 june

Page 10: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

Autumn 2012 · nº 64

NewsGRUPO ANTOLIN

José Antolin Gold Medal

from the City of Burgos

CENIT MAGNO PROGRAMMEdraws to a close

VALIDATION in Grupo Antolin

A world leader in the automotive sector

COVERS NEWSLETTERS

21 years of our newsletterINFORMA +2015 has become a turning point in our history. Changes in senior management, our best financial results, and the acquisition of a company that will position us as the world’s third largest supplier of automotive interiors. Grupo Antolin is now a larger, stronger, and more diversified company.

Since its inception in 1995, our corporate newsletter has witnessed the growth of our com-pany. 21 years in which we have seen how Irausa became Grupo Antolin, how we changed our image, how we diversified our products and customers, and how we became bigger and more international.

10 grupoantolinINFORMA june 2015

Page 11: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

72 issues that summarize our history and in which we have put together a variety of materials in a number of sections about our facilities, visits,

awards, interviews, and specials about the automotive world.

Throughout all these editions we have retained a magazine format which now, coinciding with the expansion of Grupo Antolin, we have decided to revamp to make

it into a true reflection of the size, capacity, and expertise of our company.

So we are going to use a new newspaper-size format, a great showcase that covers the most important events that affect us with a more spectacular image and

ingenious and contemporary design to make reading it easier through big headlines, photography, and infographics.

INFORMA is a great means of communication which is to be the meeting point for Grupo Antolin employees. It is a channel open to all who wish to

take part and who send us via the heads of human resources in each of our facilities the news they want to share in this new medium.

Now + more than ever, work with INFORMA

[email protected]

News· Noticias

Winter 2009 · nº 56

GRUPO ANTOLIN

We interview theChief Operations

Officer

Electric vehicles The environmental friendly alternative

OTOTRIMOur bet in Turkey

Adapting to our clients Grupo Antolin-Cambrai

grupoantolinINFORMA 112015 june

Page 12: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

AWARDS

The second edition of the Hyundai Sup-plier of the Year Award in Brazil was held, with the awarding of the best partners in 2014 during the suppliers meeting on February 26 in the industrial complex of Piracicaba (SP), the headquarters of the

Korean brand in the country and where it manufactures the HB20 models. Based on the concept QCDM,

Quality, Competitiveness, Delivery and Management, the company evaluates

and selects the best suppliers in seven categories, with the aim of encouraging the achievement of better results.

“Hyundai strives to keep a business rela-tionship of partnership and reciprocity, encouraging its suppliers to seek greater efficiency at all times, both in quality and best price. The competitiveness of suppli-ers is essential for the competitiveness of Hyundai”, emphasized William Lee, pres-ident of Hyundai Motor Brazil during the

event. The executive also stressed that all initiatives for local components in ac-cordance with Inovar-Auto “ will always be supported and valued by Hyundai.”

The most relevant award went to Maxion Wheels, a manufacturer of automotive wheels, which won the best supplier of the year by achieving the highest score in most of the seven categories, with superior per-formance in Quality, Delivery and Business Management. ▪

Pune chose QUALITYThe Grupo Antolin Quality circle team called “Turbo” has par-ticipated in the National level Quality circle competition, held at Pune, India. Organized by Quality circle Forum of India and won the “Excellence” award. There are about 2000 team par-ticipated in the Competition and we are one among the team won this award.

Earlier our Chennai team participated at the state level compe-tition held at Tuticorin, Tamilnadu and won the Gold Prize. The state level qualification is mandatory to participate in the Nation-al level.

QCFI (Quality Circle Forum India) is recognized as the institution representing The Quality Circle Movement In India and has rep-resented the country in several international forums. ▪

THE WINNING COMPANIES OF HYUNDAI SUPPLIER OF THE YEAR AWARD:

Business Management Grupo Antolin-Trimtec (headliners)

Best Global Supplier Maxion Wheels (wheels)

Quality Mahle Metal Leve (filters)

Competitiveness Dongwon Brazil (door frames and windows)

Delivery Pirelli (tires)

Excellence in Procurement Axalta Coating Systems (paint systems)

Excellence in Customs Services Ecoporto (port logistics)

Excellence in Industrial Integration Services JSL Group (logistics)

William Lee, president of Hyundai Motor Brazil & Pablo García, Grupo Antolin South America regional manager

Grupo Antolin-Trimtec awarded by Hyundai Brazil at ‘The Best Suppliers of the Year’ ceremony

12 grupoantolinINFORMA june 2015

The team who won the Excellence award

Page 13: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

AWARDS

Rosslyn wins the Ford Q1, the highest quality level in the automotive industryGrupo Antolin-South Africa’s Rosslyn plant was presented with the Ford ‘Q1 Award’ at a ceremony held on April 23. Q1 is an award that is given to Ford Motor Co. preferred su-ppliers for certifications and improvements that go beyond standard industry require-ments. ▪

Ford honored its top performing glob-al suppliers during the17th annual World Excellence Awards. Fifty-two awards are being presented to suppliers who exceed

company expectations and distinguish themselves from their peers by achieving the highest levels of global excellence in ten categories.

GA-Logistik Deutschland (Saarlouis) got a Silver Award in the category of Production for having demonstrated superior quality, delivery and cost performance throughout the year. Pablo Baroja, director of Grupo Antolin NAFTA region, collected the award on behalf of Saarlouis in a ceremony hold on May 21 at Deaborn. The award was given by Mark Fields and Hau Thai Tang.

“Ford’s World Excellence Awards allow us to recognize and thank our partners who support us in all we do,” said HauThai-Tang, group vice president, Global Purchasing. “In a year with a record number of global prod-uct introductions, these companies demon-strated a strong commitment to both quali-ty and performance, and we’re honored that they are a part of our ONE Ford team.” ▪

Ford and GASA Senior Staff from left: Paul Rossouw (Ford Purchasing Manager), Nicole Wanliss (Ford Buyer – Interior), Robert van den Ordel (GA South Africa incoming General Manager), Peet Du Plessis (Ford STA Responsible - Interior) Henry Mayers (Ford STA Manager Interior), Miguel Angel Monje Ramirez (GA South Africa exiting General Manager) & Paul van der Merwe (GA South Africa Rosslyn Plant Manager)

GA-Logistik Deutschland (Saarlouis) top-performing supplier for Ford

Picture from the event held on May 21, 2015. From left to right: Hau Thai-Tang, Group Vice President, Global Purchasing of Ford Motor Co., Pablo Baroja, NAFTA region director of Grupo Antolin and Mark Fields, President and CEO of Ford Motor Co.

grupoantolinINFORMA 132015 june

Page 14: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

Javier Villacampa, director of Corporate Innovation at Grupo Antolin, spoke at a round table organized by the CDTI (Center for Industrial Technological Develop-ment) on March 18, which took place as part of the “Actions and new subsidies from the CDTI in 2015” conference held in Madrid at the Eurostars Madrid Tower Hotel.

During his speech at the round table, Javier Villacampa emphasized the value of cooperation. Cooperation between business units and with

companies from different sectors, research centers and/or universities, which already have developed knowledge and talent available to create solutions where both parties contribute and learn, and all reflecting the high demands of our sector. And where the technological challenge of innovation is added to the truly short deadlines that are required, given that innovative solutions are linked to product life cycles of 3 to 5 years. He also stressed the innovative nature of our components sector, whose

investment in R+D+i as a proportion of sales is three times higher than the industrial average in Spain.

The event, which was attended by around 1,000 people, including those from the business and in-novation world, was also attend-ed by the Secretary of State for R+D+i, Carmen Vela, the General Director of CDTI, Francisco Marín and the President of the public or-ganization, María Luisa Poncela, who unveiled the new CDTI areas of action for 2015. Among these was the launch of a private equity fund to support Spanish mid-cap companies with demonstrated technological abilities. This ini-tiative aims to mobilize a total investment of between 400 and 600 million euros, of which 100 million will be provided by CDTI itself. ▪

Javier Villacampa (Grupo Antolin), José Luis Angoso (INDRA), Carlos Buesa (Oryzon Genomics), Manuel Desco (Hospital Gregorio Marañón), José Gortázar (CAF), Fernando Temprano (REPSOL), provided their vision of public-private

partnerships and the role that the CDTI plays in this field.

Villacampa highlighted that R+D+i is in the DNA of the automotive components sector, with investment 3% higher than the national average, and of the manufacturers of vehicles themselves present in Spain. He also defined this sector as one of the most aggressive in terms of deadlines. Research is not done on the basis of an undefined future, but rather with a clear period in which the innovation in question has to be ready. CDTI ensures that the collaborators who work with Grupo Antolin can have the resources necessary to help with developments and therefore contribute to reducing the time-scales.

A new Marketing initiative in BurgosThe Caja de Burgos Foundation and the San Pablo Castilla y León CEU Foundation have launched the CEU Marketing Forum in Burgos.

The CEU Marketing Forum, which will be located in the Palace of Saldañuela, constitutes a space to learn about new marketing strategies, discover ways to achieve excel-lence in their implementation, identify skills, behaviors and trends, find out about new tools, improve their use and learn first-hand about successful experiences.

The official opening took place on April 21 with a round table “Marketing in the company: current situation and trends”, which involved a discussion of the marketing structures and tools currently used by companies in Castilla y León, as well as changes to habits, behavior, the ways in which consum-ers relate and communicate, and how these affect the mar-keting of companies. ▪

This is a meeting point to learn about the new market strategies, discover new tools and hear first-hand about successful experiences.

FORUMS

Villacampa “Cooperation is fundamental for developing the innovation strategy of GA”

Taking part were: Rosalía Arribas Fernández, Head of the Marketing Department at Grupo Antolin; Cayo Sastre García, sociologist and author of “McMundo: un viaje por la sociedad de consumo” (McWorld: A journey through a consumer

society); Ana Carretero Ortega, Head of Corporate Communication at the Caja de Burgos Foundation; Javier García Manjón, Head of the Marketing Department at Tierra de Sabor; and Cristina Pérez Villegas, Partner of Nueve Comunicación and expert in on-line marketing and digital communication; The debate was moderated by Santiago Sousa Carreira (far left), Director of

the Academic Department of Commercialization and Marketing at the CEU San Pablo-Castilla y León Business School.

14 grupoantolinINFORMA june 2015

PICTURES COURTESY OF CDTI

Page 15: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

María Helena Antolín, Vice-President of Grupo Antolin, spoke at the “Entrepreneurs in Industry” meeting, organi-zed by the Barreiros Foundation and the IE Business School.

During the event, which took place on May 11 in Madrid, the state of the Spanish industrial sector was analyzed and Grupo Antolin was highlighted as an example of a success-ful business.

María Helena underlined the importance of the industry in terms of strengthening a developed economy and es-pecially emphasized that in our country there are sectors that have demonstrated enormous competitiveness even

during the worst years of the crisis. She highlighted the role that the components sector has played in the success of the automotive industry in Spain.

Regarding the keys to success for Grupo Antolin, she noted that “there are four basic pillars that sustain the company’s strategy: being a family business with committed share-holders, financial strength, internationalization -which has led to us being present in 25 countries- and innovation”. ▪

From left to right: Blanca Montero, Deputy Director General of Banco Sabadell; Valentín Díez Morodo, President of the Mexican Business Council for Foreign Trade (COMCE); Carlos Espinosa de los Monteros, High Commissioner of the Government for the Spain Brand and moderator of the event; María Helena

Antolín, Vice-Chairman of Grupo Antolin, and Juan Manuel González Serna, President of Grupo Siro.

14th University of Burgos Employment ForumAs is normal at this time of year, the Uni-versity of Burgos Employment Forum has been taking place. Its 14th edition was held on May 13, 2015, in the Forum Evolution Conference Centre.

The Human Resources team at Grupo Antolin was present throughout the en-tire day, which was attended by more than fifty companies. Specifically, Grupo Antolin took part by organizing a stand which it used to provide information about the company and collected CV’s from the forum attendees who came along to hand them in. The profiles of the people who attended were varied: students, recent graduates and candida-tes in general actively seeking work. The adding up at the end of the day showed that we had received more than 500 CV’s out of the total of 6,759 that were given in to all the companies.

The Forum is one of the activities ta-king place as part of Employment Week organized by the Employment Unit and the Vice-Rector of Economics and Business Relations at the University of

Burgos. This year the company also co-llaborated by taking part in the discus-sion groups held. Grupo Antolin was involved in discussing “New Trends in Selecting Staff ”. ▪

Ana Irene Solas (Director of Corporate Development), Javier Blanco

(Director of Human Resources at Grupo Antolin) and Raquel García

(Corporate Development).

The Barreiros Foundation recognizes Grupo Antolin as an “example of success”

FORUMSgrupoantolinINFORMA 152015 june

PICTURES COURTESY OF CDTI

PICTURES COURTESY OF BARREIROS FOUNDATION

Page 16: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

SLOVAKIA

SAFETY is in your hands! Safety at work and fire protection has become one of the objectives of our management for the year 2015. This was the reason why, at the end of April, working together with DuPont™ company, we organized a training to increase safety in our plants. Besides our director (Jozef Banas), other representatives of management, middle management as well as our colleague from Žilina plant were present.

E.I. DuPont de Nemours and Compa-ny, abbreviated DuPont™, is an Amer-ican chemical, nuclear and armament technology holding with the number of plants for the production of paints, synthetic fibres, nylon, explosives, fuel for rocket engines, nuclear reactors. It is the leader among the internation-al chemical cartels and employs over 100,000 people. Complementary ac-tivities of the company include safety training consultancy.

A trainer for our plant was Dragoljub Savkovic. He works as a General Director of the plant in Serbia, and he has been working as a Security Consultant for more than 9 years.

Reasons for organizing such training were several. Firstly, we were interested in the experiences of DuPont™ company in the

safety area. In addition, we wanted to hear feedback on safety at our Bratislava plant.

Finally, we wanted to get a new per-spective on safety issues from someone who has got several years of practical

experiences. The result of the safety in-spection was a list of more than twenty points and notes to improve the current situation. The room for improvement we have seen particularly in areas of our production hall layout, work on the

high-lift truck, as well as the movement of our contractors and workers in our plant. Apart from the recommendations the action plan has been developed, and will be gradually implemented in the Bratislava plant. ▪

LABOUR HEALTH AND SAFETY

INDIA

Chennai celebrates the month of Safety On March 15th Grupo Antolin in Chennai, India, celebrated the Safety Month

Hoisted Safety Flag followed by Safety Pledge taken. Main-

tained Zero Accident whole month. Conducted Competi-tion on Poem/Essay/Drawing and recognized Best Three Places. Conducted First Aid Training for all Employees. Con-ducted Fire Fighting training, imparted by Tamilnadu Govt Fire & Rescue team. Invited suggestions from all employ-ees and recognized best three places and Highest Suggestion given employee. ▪

16 grupoantolinINFORMA june 2015

Page 17: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

The study has been conducted on a demonstration vehicle, the Ford Kuga, that includes a Sky-fx overhead system. Users from different age ranges have participated and had the opportunity to observe it working in the vehicle environment, being able to consider it from the front and rear seats in their different conditions of use.

The obtained results are very interesting for Grupo Antolin

Among the information from the study worth highlighting, we find that users see our Sky-fx product as INNOVATIVE, SURPRISING, NEW and ORIGINAL.

They suggest enhancing its functionality to achieve a more at-tractive product, something that is already being worked on. In relation to its positioning, they agree on placing it as mid-range equipment aimed mainly at young people and couples with chil-

dren. The most suitable type of vehicle for this product would be compact vehicles, saloons, SUVs and people-carriers.

Very interestingly, and independently of financial issues, they are agreed that it is an option they would choose if given the chance. Moreover, the range of colors analyzed was considered suitable and sufficient, with the colder range of colors receiving a better valuation.▪

The launch of our new Sky-fx product (illuminated overhead system) in the Peugeot 2008 has been considered a great innovation in the market. To analyze the perception of end users about this product, in order to better define its positioning and optimize its function and features as much as possible, a study has been conducted in our central offices with the collaboration of the Instituto de Biomecánica de Valencia (Valencia Institute of Bio-mechanics), an expert body in defining protocols and analysis for innovative products from the viewpoint of the end customer.

INNOVATION

With these studies we can obtain a vision of how the users react to our new products, therefore assessing their potential popularity and

using the conclusions to optimize them, reinforce work areas and even generate new ideas and concepts

Sky-fx The end user voice

grupoantolinINFORMA 172015 june

Page 18: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

DESIGNING THE FUTURE

NEW CONCEPT IN VEHICLE INTERIORSThe word vehicle derives from the Latin vehicŭlum, and defines all means of transport that allow transfers or movement from one place to another. Currently a new vision is being generated around this concept of travelling in a vehicle, avoiding it being seen just as a means of transport, and trying to promote its space as an “interior” that offers other functions thanks to self-driving cars. This new scenario should make us reflect on the future concept of an interior, which will have to meet different needs and expectations.

The Mercedes-Benz F 015 gives us a vision of the future, where space and time will be the features of private mobility. The vehicle,

which still has a steering wheel in case the driver wishes to drive, has seats that can turn so the passengers can have a chat, turning

the car into an extra communal living space

18 grupoantolinINFORMA june 2015

Page 19: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

“Having quality time, to be with who we love and to do what we truly want is the real luxury of the future. This car allows you to have those moments while travelling” said Zetsche (Chairman of the Board of Management of Daimler AG) during a conference at the CES.

The essential advantages of self-driving are evident: reaching the destination relaxed, quickly and safely. A self-driving vehicle can assist the driver and take on those annoying repetitive tasks, especially in routine journeys, traffic jams or on highways full of cars. But this self-driving does not mean that the pleasure of driving has to be given up completely. These self-driving systems, that will be offered to the driver, will provide assistance and will help with the work, but people who wish to drive their vehicle will still be able to continue doing so in the future.

The self-driving car continues its rapid progression. The United States is the most advanced country, together with Germany, in this area and in fact there are already several states allowing this type of vehicle on their roads for testing purposes. The lat-est to sign up for this is California, which recently granted the first license in this field to a manufacturer, specifically to the German brand Audi. Only a few days later Mercedes also ob-tained the same license.

There are already several manufacturers with increasingly more advanced technologies in the area of self-driving. Most vehicle manufacturers have already set their design teams to work in this field.

Grupo Antolin has spent time researching and working to prepare the interior of a self-driving vehicle. Some of the work areas are focused on reconfiguring and optimizing the interior space, using advanced materials designed for a new way of life on board, integrating intelligent surfaces, etc.

Speaking of our customers, Mercedes is a clear example of a manu-facturer with very advanced technology. It has officially presented its first completely self-drive vehicle, which with its outstanding design shows us the future of the car. The brand publicly an-nounced this new development, the product of over thirty years of research, during the International Consumer Electronics Show (CES) in Las Vegas, Nevada.

The F 015 has a system for communicating with other self-driving vehicles, even those from other brands if they also have this func-tion in the future. The grille has a series of blue LED lights which move horizontally when a pedestrian is detected and will even send an automated voice message to indicate that it is safe to walk in front of the vehicle. ▪

Grupo Antolin, with its vision of the future, and as an innovative supplier, faces the challenge of turning the most advanced ideas and concepts that the new self-driving vehicle suggests to us into an industrial reality

Another example of this new concept of interiors is the vehicle designed by IDEO (design studio). IDEO CONCEPT The designers in this company wanted to go much further and have developed three self-drive vehicle

prototypes that have gone beyond the boundaries of what we have known as a conventional car until now. For them, in the future cars will no longer be mere means of transport and will instead become small shared modular centers, which

can be combined to form workspaces the like of which have never been seen before.

grupoantolinINFORMA 192015 june

Page 20: GRUPO ANTOLIN ACQUIRES MAGNA INTERIORS · The acquisition of Magna Interiors responds to the need to create a larger and more solid industrial group, capable of becoming a leader

Published by Grupo Antolin, a multinational at the cutting edge of design and production of components for car interiors for the automobile industryEDIT Grupo Antolin · Communication & Public Affairs · Carretera Madrid-Irún, km. 244,8 · E 09007 - BURGOS - SPAIN · Tel. +34 947 47 77 00 · [email protected] Germán Delgado · [email protected] PHOTOS Grupo Antolin, Miguel Jelliss, Rafa Sáiz and Agencies.PRINTED Coiman · C/ Marqués de Portugalete, 16 · E 28027 MADRID · SPAIN · Tel. 34 91 742 12 03 · [email protected] publication is available for employees on the GA intranet and corporate website · D. Legal: M-18595-2006forma

GRUPO ANTOLIN

www.grupoantolin.com

BACK COVER

Geneva Motor Show A date with luxuryThe 85th Geneva Motor Show took place from March 5-15, 2015, in the Palexpo exhibition center. It was an unmissable event with all its usual glamour and design as the showcase of futuristic prototypes and spectacular supercar models.

The Show’s wide range runs from the most exclusive, luxurious and powerful vehicles designed for a minority audience with high purchasing power, to the most prac-tical, utilitarian, and economic cars such as small crossovers.

Some brands stood out in segments such as supercars and small urban SUVs. The latter are very popular at the moment and several new models were presented including the Renault Kadjar, Honda HR-V and Hyundai Tucson, all of them fitted out by Grupo Antolin.

The main headliners at the 2015 Geneva Motor Show included Honda Civic Type R, Ford Focus RS, Ferrari 488 GTB, BMW Se-rie 2 Gran Tourer, Toyota Avensis, Honda Civic Type R, Porsche Cayman GT4, Skoda Superb, Volkswagen Touran, Opel Karl and the concepts Audi Prologue Avant, Seat 20V20, Nissan Sway.

OTHER PREMIERES AT THE GENEVA MOTOR SHOW

Aston Martin DBX A luxury GT with crossover aspirations. A concept pre-sented in Geneva that will go into pro-duction and is to be the ‘weapon’ with which Aston Martin seeks to attract women. Its cabin is spacious and de-spite using materials that are rare in the automotive industry, its appearance is as luxurious as ever. Materials such as velvety nubuck leather, the edging in gold and ceramic trims on the dash-board give it a very futuristic look.

Bentley Concept EXP 10 A high perfor-mance two-seater sports car which symbolizes Bentley’s vision of the fu-ture. Inside, two sports seats are sep-arated by a center console that hous-es the driving controls and a 12” touch screen. A perfect blend of cutting-edge technology with craftsmanship and

luxury. The center console integrates touch-controlled digital information through a screen surrounded by an alu-minum frame.

Infinity QX30 Concept A prototype that anticipates the outlines of a future premi-um compact crossover. It has been devel-oped for a new generation of customers looking for a mainly urban model, but it also offers benefits to all types of roads and surfaces.

Farewell to the Bugatti Veyron. There were also farewells at this year’s event! Bugatti said goodbye to its famous Veyron after ten years of sales as it gave way to new supercars like the McLaren P1 GTR and the Ferrari FXX K. ▪

GRUPO ANTOLIN COMPONENTS

ARE IN THE INTERIORS OF

THE FOLLOWING VEHICLES THAT

WERE PREMIERED IN GENEVA

AUDI R8 Sunvisors

BMW 2 SERIES ACTIVE GRAN TOURER

Sunvisors

HONDA HR-V Lighting consoles (China),

headliner (Mexico, Brazil and Malasya), door panel (Brazil)

HYUNDAI TUCSON Headliner

RENAULT KADJAR Door panel, headliner, pillars,

sunvisors and overhead console

SKODA SUPERB Pillars, ambient lighting,

lighting

VOLKSWAGEN TOURAN Headliner logistics services

The Audi Prologue Avant Concept’s interior is tremendously technological with a touch OLED device which spans the dashboard. A minimalist design and the finest materials available take center stage in its luxurious interior.

ASTON MARTIN VULCANThe new Aston Martin Vulcan, an absolute first

at the Geneva Motor Show, is a two-seater supercar with a carbon fiber body which is only used on tracks. Only 30 examples of the Aston

Martin Vulcan will be made

AUDI PROLOGUE AVANT points to the future lines of the carmaker’s models, the Audi A6, Audi A7 and the future Audi A8.


Recommended