CT Automotive Group PLCFRA CT Automotive Stock Report

CT Automotive Group Plc designs, develops, and manufactures automotive interior finishes and complex kinematic assemblies for various automotive brands. The company is headquartered in Portsmouth, Hampshire and currently employs 2,721 full-time employees. The company went IPO on 2021-12-23. The firm offers two principal activities, engineering, designing and development of automobile components and associated production tooling; and the serial production of such part, with end supply to a number of the global original equipment manufacturers. Its products include decorative finishes, wrapped assemblies, air registers, mechanical assemblies, light guides, and heating, ventilation and air conditioning. The firm operates through two divisions: Tooling and Production. Tooling division is engaged in designing, development and sale of tooling for the automotive industry. Production division is engaged in manufacturing and distributing serial production kinematic interior parts for the automotive industry. Its subsidiaries include China Tool Projects UK Limited, CT Automotive Japan K.K and other.