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Autoneum subject to investigation by German Federal Cartel Office

Along with other automobile suppliers, Autoneum Germany, a subsidiary of Autoneum Holding, is subject to investigations by the German Federal Cartel Office. The investigations affect, among others, the market for floor systems and trunk trim and have been initiated on suspicions that automobile suppliers may have engaged in anticompetitive behaviour.

30th September 2013

Innovation in Textiles
 |  Winterthur

Transport/​Aerospace, Industrial

Along with other automobile suppliers, Autoneum Germany, a subsidiary of Autoneum Holding, is subject to investigations by the German Federal Cartel Office.

The investigations affect, among others, the market for floor systems and trunk trim and have been initiated on suspicions that automobile suppliers may have engaged in anticompetitive behaviour.

Cooperation

At this stage of the pending investigation, Autoneum is not able to disclose any further information, and intends to work together with the German Federal Cartel Office.

Part of Autoneum’s Code of Conduct is to comply with all applicable laws, including antitrust and competition regulations, the company reports.

Autoneum

Autoneum, with headquarters based in Switzerland, is the leading producer of vehicle acoustics and thermal management systems.

The company develops and manufactures components, modules and complete systems for interior and engine bay as well as heatshields and underbody shields.

Customers include leading automobile producers in the key markets of Europe, North America, South America and Asia. Autoneum is represented at about 45 locations in over 20 countries.

www.autoneum.com

 

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