DGAP-News: Grammer AG / Key word(s): Miscellaneous
- Own customer event at North American International Auto Show - Numerous awards for Grammer innovations - Strong growth in Automotive segment
Presentation of current Grammer innovations for the U.S. market The product highlights developed especially for North American carmakers in the U.S. and elsewhere include novel decorative surfaces, functional armrests and electrically adjustable four-way headrests for the premium segment. Grammer also presents innovative products in Detroit that are manufactured in North America for German OEMs. Major production launches of German premium OEMs took place particularly in 2017. Numerous awards for Grammer interior products The innovative power of Grammer is reflected in the numerous distinctions that the interiors specialist received in 2017 as New Business Awards. Prizes were awarded for the headrest of a compact SUV and a luxury limousine, the center console for a luxury limousine as well as various interior components for electric vehicles. Automotive segment the primary growth driver For Grammer, the Detroit Auto Show is the key event for addressing its customers on the North American market. Grammer currently generates some 15 per cent of its sales in the region Americas and expects further high growth rates in the coming years. In the NAFTA region, Grammer develops and produces both for U.S. carmakers as well as models of German premium manufacturers that are made in the U.S.. Headrests, armrests, speaker/ventilation grilles and center consoles are produced in the plant opened three years ago in Tupelo/Mississippi as well as in two plants in Mexico.
Company profile
Located in Amberg, Germany, Grammer AG specializes in the development and production of components and systems for automotive interiors as well as suspension driver and passenger seats for onroad and offroad vehicles. Grammer shares are listed in the SDAX and traded on the Frankfurt and Munich stock exchanges via the electronic trading system Xetra.
Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com
18.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Grammer AG |
Georg-Grammer-Str. 2 | |
92224 Amberg | |
Germany | |
Phone: | +49 (0)9621 66-0 |
Fax: | +49 (0)9621 66-1000 |
E-mail: | investor-relations@grammer.com |
Internet: | www.grammer.com |
ISIN: | DE0005895403, DE0005895403 |
WKN: | 589540, 589540 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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