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40

Yuan

The Yuan, officially also called renminbi, is the currency of world’s

largest automobile market: Over 23 million light vehicles were produced

in China in 2015, and an increase to 30 million vehicles is forecast by 2020.

Autoneum has therefore expanded its presence in this Asian growth market

in recent years and today operates five production facilities in China.

Y

X

MM

X

I

With the separation and the going public of Autoneum, the year

2011 marks the starting point of the market leader’s growth path. Since then the

company has consistently implemented its guiding principle of “continuous

improvement”, enhanced its global presence, acquired new customers and in doing

so multiplied its profitability.