EATON CORPORATION in Automotive Relay
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Summary
Eaton Corporation supplies a range of innovative automotive relays and timers. The company operates 26 major manufacturing plant and supplies to 42 automotive OEMs across the globe. Some their OEM clients are Volkswagen, TATA Motors, Daimler, Fiat, General Motor and others. It is also having a strong presence in the aftermarket. The company has a decent focus on research and development and has invested 2.98% of total revenue in R&D in the year 2016.
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EATON CORPORATION Presence in
Automotive Relay
On April 2017, Eaton and Cummins announced an agreement to form a joint venture and named Eaton Cummins Automated Transmission Technologies. This venture will design, assemble, sell and support for all future autonomous commercial vehicle market. The company has a presence in developed as well as emerging nations which includes Asia-Oceania, EMEA, and Americas. Its revenue is decreasing from the last three years at a rate of -4.34%. All the five segments of the company are facing huge competitions and decreased in the net sales from 2015 to 2016.
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