Taiwan's top auto-parts makers win big-ticket orders from abroad

Taipei, June 27, 2005 (CENS)--Several leading auto-parts makers in Taiwan have reportedly won big-ticket orders from foreign customers.

Hota Industrial Manufacturing Co., Ltd., a leading maker of transmission systems and parts in Taiwan, announced that it has won an order for 1.25 million sets of transmission output-axle parts from BorgWarner Inc. of the U.S., a leader in highly engineered components and systems for vehicle power-train applications to engines, automatic transmissions and four-wheel drive. The orders were valued at about NT$1.5 billion (US$47.92 million at US$1: NT$31.3) and Hota will begin delivery in mid-2006 in five years.

Hota vice president and spokesman Charles Chen said that his company also won orders for torque converters from BorgWarner. Hota will start to fill the orders in the fourth quarter this year.

Tong Yang Industrial Co., Ltd., the world's largest aftermarket plastic body-parts maker, has won orders from two leading original equipment (OE) parts suppliers in Japan, C.K. and Altia. Tong Yang already began supplying electro-plated plastic parts to the two Japanese first-tier parts makers this year at a monthly volume of about 12,000 car-sets.

According to Tong Yang, the Honda Access, a car-modification subsidiary of the Japanese automaker, has also begun ordering aerodynamic body kits, such as bumpers, spoilers etc., from Tong Yang. Currently, Tong Yang expects its monthly shipment to Honda Access to 3,000 car-sets.

Ta Yih Industrial Co. and its subsidiary TYC Brothers Industrial Co., Ltd. Recently jointly won orders for OE auto-lamps from Ford's Asia-Pacific affiliates for the new Focus passenger-car model. The two companies estimated that the annual supply volume would reach 160,000 pairs.