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Kromberg & Schubert

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Namestring
Kromberg & Schubert
Legal namestring
Kromberg & Schubert Automotive GmbH & Co. KG
Company typeenum
Private
Founded yearint
1906
Descriptiontext

Kromberg & Schubert is a privately held, family-owned German automotive supplier specializing in the design, development, and production of vehicle wiring systems, application-specific cable solutions, and plastics technology. Founded in 1906 (with the firm citing 120+ years of corporate history) and headquartered in Renningen with primary operations in Abensberg, the company serves premium passenger-vehicle OEMs (Mercedes-Benz since 1959, BMW since 1980, VW Group since 1996, Audi since 2003, Porsche since 2016, Mini, Skoda, Seat) as well as commercial-vehicle manufacturers (MAN Trucks & Bus, Daimler Bus). Its core technology stack centers on a proprietary IT platform called KROSY that connects customer-facing workflows through production and delivery, paired with a Kromberg & Schubert Production System (KSPS) emphasizing robotics, driverless transport, and a zero-defect quality strategy with 100% end-of-line testing using image processing and AI-based defect detection.

The business model is B2B enterprise supply of vehicle-specific wiring harnesses and components under multi-year contracts with automotive OEMs. Pricing is negotiated directly with customers and is not publicly disclosed; production is delivered just-in-time and just-in-sequence to OEM assembly lines via approximately 29 plants across 21 countries spanning Europe, Africa, the Middle East, Asia, and the Americas. The company employs over 50,000 people, produces approximately 4,000,000 kilometers of cables and wires annually, and reports €2 billion in annual revenue. Operational differentiation rests on local manufacturing proximity to customer plants, resident engineers at OEM sites, integrated plastics technology, and a continuous-improvement LEAN program; go-to-market is direct OEM field sales with no consumer channel. The company is controlled by the Kromberg family, with founder-descendant Hans-Otto Kromberg on the management board alongside CEO Dr. Zeljko Matijevic, CFO Carsten Meyer, and CDO Dr. Wolfgang Langhoff. Recent strategic emphasis is on automation through the federally funded next2OEM research consortium and capacity expansion in Mexico targeting BMW and Mercedes-Benz North American programs.

Short descriptiontext

Kromberg & Schubert is a family-owned German automotive supplier designing and producing wiring systems, cable solutions, and plastics technology for premium passenger-vehicle OEMs (Mercedes-Benz, BMW, VW Group, Audi, Porsche) and commercial-vehicle manufacturers across 40+ global locations, with ~€2 billion in annual revenue and 50,000+ employees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersKrusevac
HQ citystring
Krusevac
Markets served

Serves global market

Offices41 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
automotive wiring systems, cable harness manufacturing, automotive electrical components, wire and cable solutions, plastics technology components
Industry2 codes
1Vehicle Wiring Harnesses & Cable Assemblies Manufacturing
CodeIMACAJAAPrimaryYes
2Passenger Vehicle Electrical & Electronics Manufacturing (ICE)
CodeIMACAAAKPrimaryNo
NAICS code3 codes
  • Motor Vehicle Electrical and Electronic Equipment Manufacturing336320
  • Motor Vehicle Electrical and Electronic Equipment Manufacturing33632
  • Spring and Wire Product Manufacturing33261
SIC code1 code
  • Miscellaneous Transportation Equipment3790
Product category
Automotive Wiring Systems
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Automotive Wiring Systems and Components
TypeHardware Sales
Description

B2B supplier of wiring systems, cable solutions, and plastics technology to automotive OEMs. Revenue generated through long-term supply contracts with premium passenger car and commercial vehicle manufacturers. Components are delivered just-in-time and just-in-sequence directly to customer production lines.

kromberg-schubert.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1B2B OEM contracts - Not publicly disclosed
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing negotiated through direct OEM contracts; not publicly disclosed

kromberg-schubert.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Kromberg & Schubert develops and produces wiring systems (cable harnesses), application-specific cable solutions, and plastics technology for automotive OEMs serving premium passenger vehicles and commercial vehicles. The company delivers these components just-in-time and just-in-sequence directly to OEM production lines, supported by its proprietary KROSY IT platform, 100% zero-defect quality testing, and global manufacturing presence across 40+ locations.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 100% testing of every cable set prior to delivery - zero-defect strategy
+1 more record
Product overview1 text field

Kromberg & Schubert is a German automotive supplier specializing in the development and production of wiring systems, application-specific cable solutions, and plastics technology. The company operates a unified product portfolio built around its core expertise in automotive electrical architectures. The main product lines include Wiring Systems (automotive cable harnesses), Cable Solutions (application-specific wires including high-voltage configurations for electric vehicles), and Plastics Technology. Supporting these core offerings are proprietary digital solutions (KROSY), comprehensive quality assurance services with AI-based defect detection, global logistics with just-in-time delivery capabilities, and on-site resident engineer support. The company also participates in the Next2OEM research initiative for automated wiring harness production. Kromberg & Schubert serves premium automotive manufacturers including Mercedes-Benz, BMW, Volkswagen, Audi, Porsche, and commercial vehicle makers, with over 50,000 employees across more than 40 global locations producing approximately 4 million kilometers of cables annually.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Audi coordinates the next2OEM research project and provides OEM background. Kromberg & Schubert develops wiring harness design as part of this initiative to create fully automated production and assembly of wiring harnesses, funded by the German Federal Ministry for Economic Affairs and Climate Protection.

Strategic tierCoreTypeTechnology or Integration
Description

Provides solutions for automation and testing as part of the next2OEM consortium working on automated wiring harness production.

Strategic tierCoreTypeTechnology or Integration
Description

Contributes expertise in connector systems as part of the next2OEM research consortium for automated wiring harness manufacturing.

Strategic tierCoreTypeTechnology or Integration
Description

Contributes connector systems expertise to the next2OEM automated wiring harness production project.

Strategic tierCoreTypeTechnology or Integration
Description

Provides efficient logistics solutions with driverless transport systems as part of the next2OEM consortium.

Strategic tierCoreTypeTechnology or Integration
Description

Supplies robot programming software for the automated wiring harness production project.

Strategic tierCoreTypeTechnology or Integration
Description

Integrates an innovative graph-based database as a higher-level system in the next2OEM automated production project.

8FAPS at Friedrich-Alexander University Erlangen-Nuremberg
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Provides scientific support for the next2OEM automated wiring harness production research project.

kromberg-schubert.com
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Kromberg & Schubert sponsors the Formula Student team as a wiring harness expert, providing materials, know-how, and expertise in electrical systems development. Collaboration enables students to gain practical experience while company benefits from fresh ideas and innovative solutions.

10OHA! Sustainability Heroes Initiative
Strategic tierMinorTypeOthers
Description

Trainees participate in the OHA! Sustainability Heroes project, developing innovative ideas to make operations more environmentally friendly through resource-saving processes, energy-saving measures, and recycling strategies.

kromberg-schubert.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

German family-owned automotive supplier specializing in wiring harnesses, interiors, and electrical systems. Closest direct peer — comparable premium-OEM customer base (BMW, Porsche, Audi, Mercedes-Benz), similar product focus on wiring systems, similar family-ownership governance, and similar labor-intensive European footprint.

TypeDirect peer
Description

World's largest automotive wiring harness manufacturer by volume, supplying virtually every major OEM globally. Direct competitor in the same product category, with comparable just-in-time delivery model and similar cable-harness product portfolio.

TypeDirect peer
Description

Japanese wire harness specialist and major Tier 1 supplier to global OEMs including Toyota, Honda, and others. Direct peer in the same automotive wiring category, with overlapping high-voltage cable expertise relevant to the EV transition.

TypeDirect peer
Description

Global automotive technology company formed from Delphi, supplying wiring harnesses, connectors, and advanced electrical architecture. Direct competitor in vehicle electrical systems with a comparable portfolio spanning wiring, connectors, and signal-power solutions.

TypeDirect peer
Description

Global automotive supplier with a significant Electrical business segment producing wiring harnesses and connection systems, alongside its seating business. Comparable as a major Tier 1 supplier of vehicle wiring with overlapping premium-OEM relationships.

TypeDirect peer
Description

Japanese wire and cable manufacturer with a substantial automotive harness business serving Japanese and global OEMs. Direct peer in wiring harnesses and specialty automotive cables with comparable high-voltage and high-temperature cable expertise.

TypeBroad incumbent
Description

Global leader in connectors and sensors for automotive and industrial applications. While K&S's competitor in connectors, TE is also a Next2OEM consortium partner and a broader incumbent across the full automotive electrical architecture stack.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Kromberg & Schubert

Automotive Wiring Systemskromberg-schubert.com

Kromberg & Schubert is a family-owned German automotive supplier designing and producing wiring systems, cable solutions, and plastics technology for premium passenger-vehicle OEMs (Mercedes-Benz, BMW, VW Group, Audi, Porsche) and commercial-vehicle manufacturers across 40+ global locations, with ~€2 billion in annual revenue and 50,000+ employees.

What Kromberg & Schubert does

Kromberg & Schubert is a privately held, family-owned German automotive supplier specializing in the design, development, and production of vehicle wiring systems, application-specific cable solutions, and plastics technology. Founded in 1906 (with the firm citing 120+ years of corporate history) and headquartered in Renningen with primary operations in Abensberg, the company serves premium passenger-vehicle OEMs (Mercedes-Benz since 1959, BMW since 1980, VW Group since 1996, Audi since 2003, Porsche since 2016, Mini, Skoda, Seat) as well as commercial-vehicle manufacturers (MAN Trucks & Bus, Daimler Bus). Its core technology stack centers on a proprietary IT platform called KROSY that connects customer-facing workflows through production and delivery, paired with a Kromberg & Schubert Production System (KSPS) emphasizing robotics, driverless transport, and a zero-defect quality strategy with 100% end-of-line testing using image processing and AI-based defect detection.

The business model is B2B enterprise supply of vehicle-specific wiring harnesses and components under multi-year contracts with automotive OEMs. Pricing is negotiated directly with customers and is not publicly disclosed; production is delivered just-in-time and just-in-sequence to OEM assembly lines via approximately 29 plants across 21 countries spanning Europe, Africa, the Middle East, Asia, and the Americas. The company employs over 50,000 people, produces approximately 4,000,000 kilometers of cables and wires annually, and reports €2 billion in annual revenue. Operational differentiation rests on local manufacturing proximity to customer plants, resident engineers at OEM sites, integrated plastics technology, and a continuous-improvement LEAN program; go-to-market is direct OEM field sales with no consumer channel. The company is controlled by the Kromberg family, with founder-descendant Hans-Otto Kromberg on the management board alongside CEO Dr. Zeljko Matijevic, CFO Carsten Meyer, and CDO Dr. Wolfgang Langhoff. Recent strategic emphasis is on automation through the federally funded next2OEM research consortium and capacity expansion in Mexico targeting BMW and Mercedes-Benz North American programs.

Kromberg & Schubert firmographics

Firmographics
Name
Kromberg & Schubert
Legal name
Kromberg & Schubert Automotive GmbH & Co. KG
Website
https://kromberg-schubert.com
Company type
Private
Founded year
1906
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Kromberg & Schubert is a family-owned German automotive supplier designing and producing wiring systems, cable solutions, and plastics technology for premium passenger-vehicle OEMs (Mercedes-Benz, BMW, VW Group, Audi, Porsche) and commercial-vehicle manufacturers across 40+ global locations, with ~€2 billion in annual revenue and 50,000+ employees.
Ownership category
akta.pro rank

Kromberg & Schubert industry classification

Industry
Product category
Automotive Wiring Systems
NAICS
Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Spring and Wire Product Manufacturing (33261)
SIC
Miscellaneous Transportation Equipment (3790)
akta.pro primary industry
Vehicle Wiring Harnesses & Cable Assemblies Manufacturing (IMACAJAA)
akta.pro secondary industry
Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK)

Keywords

  • Automotive wiring systems
  • Cable harness manufacturing
  • Automotive electrical components
  • Wire and cable solutions
  • Plastics technology components

Where Kromberg & Schubert is headquartered

Location

Headquarters

HQ city
Krusevac

Offices41 records

Markets served

Kromberg & Schubert business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Automotive Wiring Systems and Components: B2B supplier of wiring systems, cable solutions, and plastics technology to automotive OEMs. Revenue generated through long-term supply contracts with premium passenger car and commercial vehicle manufacturers. Components are delivered just-in-time and just-in-sequence directly to customer production lines.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractB2B OEM contracts - Not publicly disclosed

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Kromberg & Schubert product offering

Product offering

Core offering

Kromberg & Schubert develops and produces wiring systems (cable harnesses), application-specific cable solutions, and plastics technology for automotive OEMs serving premium passenger vehicles and commercial vehicles. The company delivers these components just-in-time and just-in-sequence directly to OEM production lines, supported by its proprietary KROSY IT platform, 100% zero-defect quality testing, and global manufacturing presence across 40+ locations.

Product overview

Kromberg & Schubert is a German automotive supplier specializing in the development and production of wiring systems, application-specific cable solutions, and plastics technology. The company operates a unified product portfolio built around its core expertise in automotive electrical architectures. The main product lines include Wiring Systems (automotive cable harnesses), Cable Solutions (application-specific wires including high-voltage configurations for electric vehicles), and Plastics Technology. Supporting these core offerings are proprietary digital solutions (KROSY), comprehensive quality assurance services with AI-based defect detection, global logistics with just-in-time delivery capabilities, and on-site resident engineer support. The company also participates in the Next2OEM research initiative for automated wiring harness production. Kromberg & Schubert serves premium automotive manufacturers including Mercedes-Benz, BMW, Volkswagen, Audi, Porsche, and commercial vehicle makers, with over 50,000 employees across more than 40 global locations producing approximately 4 million kilometers of cables annually.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • 100% testing of every cable set prior to delivery - zero-defect strategy
  • +1 more outcomes

Companies that use Kromberg & Schubert

Customer profile

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Kromberg & Schubert technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Kromberg & Schubert partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • AudicoreStrategic or Co-development PartnerAudi coordinates the next2OEM research project and provides OEM background. Kromberg & Schubert develops wiring harness design as part of this initiative to create fully automated production and assembly of wiring harnesses, funded by the German Federal Ministry for Economic Affairs and Climate Protection.
  • Komax (Taping and Testing)coreTechnology or IntegrationProvides solutions for automation and testing as part of the next2OEM consortium working on automated wiring harness production.
  • TE ConnectivitycoreTechnology or IntegrationContributes expertise in connector systems as part of the next2OEM research consortium for automated wiring harness manufacturing.
  • KOSTALcoreTechnology or IntegrationContributes connector systems expertise to the next2OEM automated wiring harness production project.
  • Bär AutomationcoreTechnology or IntegrationProvides efficient logistics solutions with driverless transport systems as part of the next2OEM consortium.
  • ArtiMinds RoboticscoreTechnology or IntegrationSupplies robot programming software for the automated wiring harness production project.
  • Semantic PDMcoreTechnology or IntegrationIntegrates an innovative graph-based database as a higher-level system in the next2OEM automated production project.
  • FAPS at Friedrich-Alexander University Erlangen-NurembergcoreStrategic or Co-development PartnerProvides scientific support for the next2OEM automated wiring harness production research project.
  • Schanzer Racing Electric (TH Ingolstadt)minorStrategic or Co-development PartnerKromberg & Schubert sponsors the Formula Student team as a wiring harness expert, providing materials, know-how, and expertise in electrical systems development. Collaboration enables students to gain practical experience while company benefits from fresh ideas and innovative solutions.
  • OHA! Sustainability Heroes InitiativeminorOthersTrainees participate in the OHA! Sustainability Heroes project, developing innovative ideas to make operations more environmentally friendly through resource-saving processes, energy-saving measures, and recycling strategies.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Kromberg & Schubert competitors and assessment

Company assessment

Broad incumbents

  • Nexans Auto-Electrical (formerly LEONI):
  • TE Connectivity: Global leader in connectors and sensors for automotive and industrial applications. While K&S's competitor in connectors, TE is also a Next2OEM consortium partner and a broader incumbent across the full automotive electrical architecture stack.

Direct peers

  • Dräxlmaier Group: German family-owned automotive supplier specializing in wiring harnesses, interiors, and electrical systems. Closest direct peer — comparable premium-OEM customer base (BMW, Porsche, Audi, Mercedes-Benz), similar product focus on wiring systems, similar family-ownership governance, and similar labor-intensive European footprint.
  • Yazaki Corporation: World's largest automotive wiring harness manufacturer by volume, supplying virtually every major OEM globally. Direct competitor in the same product category, with comparable just-in-time delivery model and similar cable-harness product portfolio.
  • Sumitomo Wiring Systems: Japanese wire harness specialist and major Tier 1 supplier to global OEMs including Toyota, Honda, and others. Direct peer in the same automotive wiring category, with overlapping high-voltage cable expertise relevant to the EV transition.
  • Aptiv plc: Global automotive technology company formed from Delphi, supplying wiring harnesses, connectors, and advanced electrical architecture. Direct competitor in vehicle electrical systems with a comparable portfolio spanning wiring, connectors, and signal-power solutions.
  • Lear Corporation: Global automotive supplier with a significant Electrical business segment producing wiring harnesses and connection systems, alongside its seating business. Comparable as a major Tier 1 supplier of vehicle wiring with overlapping premium-OEM relationships.
  • Furukawa Electric: Japanese wire and cable manufacturer with a substantial automotive harness business serving Japanese and global OEMs. Direct peer in wiring harnesses and specialty automotive cables with comparable high-voltage and high-temperature cable expertise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Kromberg & Schubert social profiles

Digital presence

Kromberg & Schubert compliance and trust

Trust signal

Compliance3 records

Kromberg & Schubert financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Kromberg & Schubert leadership team

Management profile

Number of profiles

Profiles11 records

Kromberg & Schubert funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Kromberg & Schubert M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kromberg & Schubert

What does Kromberg & Schubert do?

Kromberg & Schubert develops and produces wiring systems (cable harnesses), application-specific cable solutions, and plastics technology for automotive OEMs serving premium passenger vehicles and commercial vehicles. The company delivers these components just-in-time and just-in-sequence directly to OEM production lines, supported by its proprietary KROSY IT platform, 100% zero-defect quality testing, and global manufacturing presence across 40+ locations.

Is Kromberg & Schubert a public or private company?

Kromberg & Schubert is a private company. It is classified as family owned and is currently operating.

When was Kromberg & Schubert founded?

Kromberg & Schubert was founded in 1906. It employs 1,001 to 5,000 people.

Where is Kromberg & Schubert based?

Kromberg & Schubert is headquartered in Krusevac.

How does Kromberg & Schubert make money?

One revenue line is on record: automotive Wiring Systems and Components.

Who are Kromberg & Schubert's main competitors?

Broad incumbents on record are Nexans Auto-Electrical (formerly LEONI) and TE Connectivity. Direct peers are Dräxlmaier Group, Yazaki Corporation, Sumitomo Wiring Systems, Aptiv plc, Lear Corporation and Furukawa Electric.

Does Kromberg & Schubert have an API?

No public API is recorded for Kromberg & Schubert.

What industry is Kromberg & Schubert in?

Kromberg & Schubert's product category is Automotive Wiring Systems. Its primary akta.pro industry code is IMACAJAA, Vehicle Wiring Harnesses & Cable Assemblies Manufacturing, with a secondary code of IMACAAAK, Passenger Vehicle Electrical & Electronics Manufacturing (ICE). Its NAICS code is 336320 and its SIC code is 3790.

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Live signals
Revista MonitorNorth Macedonia’s successful automotive model enters the transition testNorth Macedonia's automotive supplier sector, which accounts for 53% of the country's exports and employs around 35,000 people directly, is facing mounting pressure from the European economic slowdown, the electric vehicle transition, and geopolitical tensions affecting global supply chains. Foreign Direct Investment in the country fell by 61% in 2025 to €467.5 million after reaching a record €1.19 billion in 2024, while the five leading companies in the sector generated more than €2.68 billion in revenues in 2024. Industry leaders including Johnson Matthey, Kromberg & Schubert, Amphenol Corporation, Magna Mirrors, and Dräxlmaier are navigating a shifting landscape where low-cost manufacturing advantages are being replaced by demands for technological capabilities, innovation, and adaptation to the electric vehicle revolution.Mexico Business NewsKromberg & Schubert Expands Guanajuato OperationsGerman automotive supplier Kromberg & Schubert announced a US$26 million investment to expand operations in Guanajuato, Mexico, creating more than 1,090 new jobs and raising its cumulative investment in the state to over US$156 million. The expansion will increase production capacity for projects linked to BMW and Mercedes-Benz, with new facilities in Irapuato and San Francisco del Rincon supporting premium vehicle component manufacturing. The investment reflects accelerating European participation in Mexico's automotive sector under the modernized Mexico-EU trade framework, with European manufacturers increasingly using Mexico as a nearshoring hub for North American supply chains.