Automotive parts supplier MAHLE is actively advancing its restructuring plan, implementing significant adjustments to its core management team and divisional structure. The company has reduced its board members from seven to four, with changes in several executive positions including the former head of human resources, demonstrating MAHLE's commitment to streamlining and efficiency.

In terms of divisions, the original five divisions have been consolidated into three. 'Engine Systems and Components' and 'Automotive Electronics and Mechatronics' have been merged into 'Powertrain and Smart Charging,' while 'Filtration Systems and Engine Peripherals' and 'Thermal Management' have been combined into 'Thermal Management and Fluid Systems.' The 'Aftermarket' division continues to operate independently after a name change, which helps integrate resources and enhance synergies.

MAHLE faces challenges such as high transformation costs and weak industry demand, with competitors also resorting to layoffs. MAHLE has already implemented significant layoffs previously, and this further reform starting from the board indicates that future work locations and layoff plans will depend on the restructuring progress. MAHLE has high hopes for the thermal management sector and is acquiring the remaining 25% stake in Behr. Since acquiring Behr, MAHLE has continuously expanded in this field, as thermal management is crucial for both electric and internal combustion engine vehicles. MAHLE achieved profitability in 2023, with a net profit of nearly 26 million euros and sales growth of 3%, exceeding 12.8 billion euros. This restructuring is a key move for MAHLE to adapt to market changes and enhance competitiveness, and it is expected to achieve better results in the future automotive parts market.