The automobile industry is in transition. Along with the growing awareness of environmental issues, it is also essential for interior material manufacturers to respond to those changes. To reinforce the competitiveness in the global market of interior material business for transportation vehicle, Aunde Achter & Ebels GmbH, Mönchengladbach/Germany, and TB Kawashima Co., Ltd., Shiga/Japan, a consolidated subsidiary of Toyota Boshoku Corp., Aichi/Japan, have concluded a business alliance agreement.
Aunde and TB Kawashima have been working to further enhance their competitiveness based on their respective global bases. The 2 companies already started operating joint venture in India last year and have now entered into this new global agreement to develop the business alliance including other markets as well where growth is expected in the future.