Yanfeng Automotive Interiors and KOSTAL cooperate on innovative smart interior surfaces (FOTO)

Neuss/Luedenscheid, Germany (ots) -

Yanfeng Automotive Interiors (YFAI), the world's leading supplier
of instrument panels, cockpit systems, door panels and floor consoles
and KOSTAL, one of the world's leading automotive suppliers of
mechatronic HMI-components today announced the formation of a new
strategic partnership. The CEOs of both companies, Johannes Roters
and Andreas Kostal, signed a memorandum of understanding with the
intent of cooperating in the field of smart interior surfaces.

With the new strategic partnership, both parties are drawing on
the market trend towards the integration of HMI operating controls
into high-quality surfaces in vehicle interiors.

"As a global leading provider for the development and production
of mechatronic modules, switch panels and switches for the automotive
industry, and with more than 100 years of experience, KOSTAL is the
best possible partner in this field," said Johannes Roters, CEO of
Yanfeng Automotive Interiors. "The combination of technology and
expertise both companies offer provides our customers with many
advantages along the entire value chain."

"The car interior will undergo an exciting evolution within the
next decade. With the cooperation of YFAI and KOSTAL both partners
should be able to extend their offer for their customers and drive
the technological change," added Andreas Kostal, Chairman & CEO of
the KOSTAL Group.

Both companies expect high potential not only in developing
innovative solutions for smart interior surfaces but also for
synergies in the whole value chain.

About Yanfeng Automotive Interiors:

Yanfeng Automotive Interiors is the world's leading supplier of
instrument panels and cockpit systems, door panels, floor consoles
and overhead consoles. Headquartered in Shanghai, the company has
about 100 manufacturing and technical centers in 17 countries and
employs over 29,600 people globally. Established in 2015, Yanfeng
Automotive Interiors is a joint venture between Yanfeng Automotive
Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive
Systems Co., Ltd. (HASCO), the component group of SAIC Motor
Corporation Limited (SAIC Motor), and Johnson Controls, a global
multi-industrial company. For more information, please visit
www.YFAI.com.

About KOSTAL:

The KOSTAL Group is an independent family-owned company that was
founded in 1912 with the headquarters in Luedenscheid (Germany).
KOSTAL develops and produces technologically sophisticated
mechatronic modules, switch panels and switches and electronic
control units for all important automobile brands worldwide. The
KOSTAL Group has about 16,000 employees at 41 global locations in 21
countries on four continents working in the business areas Automotive
Electrical Systems, Industrial Electronics, Connectors, Test
Technology (SOMA) and Solar Electric. For more information, please
visit www.kostal.com.

For more information please contact:
Yanfeng Automotive Interiors
Jagenbergstraße 1
41468 Neuss, Germany
Astrid Schafmeister
Tel.: +49 2131 609-3028
E-Mail: astrid.schafmeister@yfai.com

or

Leopold KOSTAL GmbH
An der Bellmerei 10
58513 Lüdenscheid, Germany
Georg Exler
Tel.: +49 2351 16-2366
E-Mail: g.exler@kostal.com

Original-Content von: Yanfeng Automotive Interiors, übermittelt durch news aktuell