Industry News

Superalloy’s (SAI) recycled aluminium wheels gain traction among luxury auto brands, fuelling H1 revenue growth

Views : 103
Update time : 2024-08-19 17:20:25
The world's leading auto wheel rim manufacturer, Superalloy (SAI), has reported robust operational results for the second quarter and first half of 2024.

The Taiwan-headquartered company experienced significant order growth during the year's first half, driven primarily by increased demand from luxury European and Japanese automotive brands, including Toyota, Jaguar Land Rover, Porsche, BMW, and Ferrari. This surge in orders effectively counterbalanced a decline in shipments to American brands.

As the tier-one supplier of world-leading automakers, SAI have experience in product design for leading European, US, and Japanese automakers, with customers located worldwide.

Revenue for the period was notably diversified, with 61 per cent coming from European brands, 20 per cent from Japanese brands, 12 per cent from American brands, and the remaining 7 per cent from other customers. Notably, revenue from Japanese brands surged by 83 per cent, while European brands saw a 12.9 per cent increase compared to the same period in 2023.

Related News
Read More >>
Turkey reports decrease in Jan-Apr wire rod exports & value Turkey reports decrease in Jan-Apr wire rod exports & value
Jun .06.2025
Turkey reports decrease in Jan-Apr wire rod exports & value
EGA expands solar aluminum supply to Hyundai Mobis EGA expands solar aluminum supply to Hyundai Mobis
Jun .06.2025
EGA expands solar aluminum supply to Hyundai Mobis
LME nickel rebounds above $15,500 level on market factors LME nickel rebounds above $15,500 level on market factors
Jun .06.2025
LME nickel rebounds above $15,500 level on market factors
Walsin Lihwa’s May revenue drops m-o-m, rises Walsin Lihwa’s May revenue drops m-o-m, rises
Jun .06.2025
Walsin Lihwa’s May revenue drops m-o-m, rises