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DN Automotive

From Wikipedia, the free encyclopedia
South Korean car parts company
DN Automotive Corp.
Native name
디엔오토모티브
Company typePublic
KRX:007340
IndustryAutomotive parts industry
Founded23 June 1971; 54 years ago (1971-06-23)
Headquarters,
South Korea
ProductsAutomotive part
Number of employees
1,142 (2023)
Websitewww.dnautomotive.com

DN Automotive Corp. (KoreanDN오토모티브) is a South Korean manufacturer of car parts andbatteries.

History

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Dong-A Tire Industry, the parent company of DN Group, established a company inBusan in 1971 and started the tire business.[1] In 1992, the company expanded its business by establishing a dustproof business division, and in 1999, it entered the automotive battery business. In 2004, it established DTR, a dustproof parts subsidiary.[2]

In 2009, it acquired Avon Automotive, a British auto parts manufacturer, and in 2014, it acquired CF Goma, an Italian anti-vibration parts company. In 2022, it acquiredDoosan Machine Tools.[3][4]

Products

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DN Automotive is the largest company inSouth Korea and the third largest in the world in producing automotive vibration damping parts.[2] In 2005, It commercialized the world's first active mount technology that actively reduces vibration and noise using electronic control technology.[5]

The company is the largest supplier of anti-vibration components toGeneral Motors andStellantis, and also supplies components toTesla,Rivian,Nio. In particular, it participates in the development of GM and Stellantis' new vehicles from the beginning and jointly conducts technology development, investment, verification, and application tests.[4]

For thebattery business, there is an MF battery production plant inUlsan.

See also

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References

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  1. ^"동아타이어공업, 분할 재상장 위한 상장예비심사 신청".Yonhap News. 14 June 2017.
  2. ^ab"DN솔루션즈 인수하며 단숨에 대기업 반열, 핵심계열사 실적 호조세…채무부담은 우려".Maeil Business Newspaper. 13 November 2023.
  3. ^"동아타이어, 이탈리아 車부품사 인수".Korea Economic Daily. 3 July 2017.
  4. ^ab"두산공작기계 인수 후 불황 모르는 DN그룹…매출 3조 '껑충'".Korea Economic Daily. 27 March 2023.
  5. ^"디티알오토모티브, 두산공작기계 인수...3조원대 중견기업으로 도약, 새로운 성장 전기 마련".Kyunghyang Shinmun. 8 January 2022.
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