
AISIN Corp., a Northville Township-based global Tier 1 automotive supplier, has consolidated three of its business units into one entity and spun off two others to focus on the aftermarket parts sector.
AISIN’s three non-manufacturing companies — AISIN World Corp. of America (AWA), AISIN Holdings of America, and the AISIN Technical Center of America — will be merged into AWA.
“Today, as we look toward the future of our dynamic industry, AISIN finds itself in a position of strength and leadership as one of the top Tier 1 automotive suppliers in the world,” says Scott Turpin, president and CEO of AISIN World Corp. of America. “To maintain our position and best support our longstanding relationships with our customers and suppliers, we need to consider how to advance our competitiveness.”
Turpin adds the merger is designed to help create a more flexible and robust management system that enables the company to forecast and respond accurately and quickly to changing markets and demands.
“We believe this is a necessary step that will enable AISIN to continue its growth in North America, while maintaining excellence in manufacturing and service to our customers,” Turpin says.
In another move, AISIN is spinning off its aftermarket division — AWA Aftermarket Sales — and merging it with AWTEC, an AISIN Group company specializing in transmission remanufacturing, to create AISIN Aftermarket & Service of America Inc.
The new business entity will operate as a stand-alone company focused on both the aftermarket sales business and growing its remanufactured product business.
AISIN says it expects AISIN Aftermarket & Service of America will expand its manufacturing capabilities for service parts, uniting the combined expertise of AWTEC and AWA Aftermarket Sales. Operations also should be streamlined and optimized to increase efficiencies and better position the aftermarket team for growth.
Beyond servicing North America, AISIN Aftermarket & Service of America will work with AISIN Sales Latin America, which is wholly owned through AWA, to service the aftermarket in the Latin America region.
All the activities related to the structural changes are anticipated to be seamless to customers and suppliers. Jobs and facilities are not expected to be impacted. The restructure is expected to be completed by April 2025.
For more information, visit https://www.aisinworld.com/.