Daily brief
Automotive & Business Brief — 16 September 2026
Maghreb cable/controls: Suprajit Tangier; Time/LCS Kenitra. HV: GG Al Luce; Rosenberger HVR210; Aptiv interconnect rebrand.
Executive Snapshot
- Maghreb cable/controls: Suprajit Tangier; Time/LCS Kenitra. HV: GG Al Luce; Rosenberger HVR210; Aptiv interconnect rebrand.
Top Developments
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Suprajit consolidates SCS Europe into Tangier; warehouse to Hungary
Europe
Poland mfg + DE tool room → Tangier; EU warehouse DE→HU.
~3 Sep; SCS EBITDA+ in Q4 FY25–26 after reset.Companies Suprajit
Sources
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Time Interconnect full control of Leoni LCS; Kenitra €60m plant
Africa
Full ownership of LCS via Time Singapore (ACS sold Jul 2025 ~€335m).
Kenitra FTZ ~€60m; SOP mid-2027; ~90→200 headcount.Companies Time Interconnect, LEONI
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GG aluminum HV harness for Ferrari Luce (~40% vs copper)
Global
1 Sep GG: Al harness for Luce; ~40% system-weight cut vs copper.
Reuters: Ferrari confirms Al on Luce; up to ~20% vehicle wiring-weight save. -
Rosenberger HVR210: automation-ready HV to 1,200V / 208A
Global
Automation-ready assembly; local-for-local pitch.
Companies Rosenberger
Sources
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Harness automation: DFA + zonal; Next2OEM ~90% vs ~10%
Global
8–9 Sep AMS: TE end-to-end automation challenge; Next2OEM ~90% demo.
BMW Neue Klasse: −600m wiring, −30% harness wt; VW modular connectors.Companies TE Connectivity, BMW, Volkswagen
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EP adopts CBAM downstream-extension position (15 Sep)
Global
Plenary 464–50–159; trilogues can start; decarbonisation fund also backed.
ACEA: keep passenger cars out; delay to 2030; limit complex auto parts.Sources
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BYD Europe localisation: trucks next year; Hungary cars
Europe
14 Sep Reuters: first HD truck in Europe next year; localise all EU sales long-term.
Szeged passenger SOP due next year; tariffs = short-term until local production.Companies BYD
Sources
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VW Future Plan: ~€16bn cost on ~50k cuts / >500k excess
Europe
VW PR: 9% margin; ~50k cuts; >500k EU excess; 4 DE plants lack 2031–34 follow-on; concept by mid-2027.
Reuters/AMS: ~€16bn cost floated; VW declined comment; no closures approved.Companies Volkswagen
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Aptiv: Winchester→Interconnect; IAS→High-Voltage Technologies
Global
1 Sep rebrand; Connection Systems unchanged; HV busbars + connectors under one face.
Companies Aptiv
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Molex MiniMix: hybrid power + 1Gbps Ethernet for robots
Global
4 Sep: 15A + 1000BASE-T1 in 5.65mm; ≤50% less routing area; production late 2026.
Companies Molex
Sources
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Stellantis Mirafiori: Fiat 500 Hybrid September stoppages
Europe
Reuters/Corriere: 2–4 Sep Teksid bottleneck; company cites hybrid demand; FIOM cites weak sales.
Mid-Sep: further idle days; ~six Sep stop days reported.Companies Stellantis, Teksid