DGAP-News: Grammer AG

Grammer presents product innovations for U.S. market at Detroit Auto Show

- Own customer event at North American International Auto Show

- Numerous awards for Grammer innovations

- Strong growth in Automotive segment

Troy, Michigan, USA, Amberg, Germany, January 18, 2017 - At this year's North American International Autoshow (NAIAS) in Detroit, the U.S. automotive subsidiary of the Grammer Group invites customers and business associates to the NAIAS Industry Preview. During the two-day Grammer event staged in an exclusive setting right on the trade fair grounds, visitors will have an opportunity to obtain information on Grammer's current product innovations in the field of passenger car interiors. The Detroit Auto Show will be held from January 14 through January 29 this year and is one of the key international automobile trade fairs.

Presentation of current Grammer innovations for the U.S. market

The product highlights developed especially for North American carmakers in the U.S. and elsewhere include novel decorative surfaces, functional armrests and electrically adjustable four-way headrests for the premium segment. Grammer also presents innovative products in Detroit that are manufactured in North America for German OEMs. Major production launches of German premium OEMs took place particularly in 2017.

Numerous awards for Grammer interior products

The innovative power of Grammer is reflected in the numerous distinctions that the interiors specialist received in 2017 as New Business Awards. Prizes were awarded for the headrest of a compact SUV and a luxury limousine, the center console for a luxury limousine as well as various interior components for electric vehicles.

Automotive segment the primary growth driver

For Grammer, the Detroit Auto Show is the key event for addressing its customers on the North American market. Grammer currently generates some 15 per cent of its sales in the region Americas and expects further high growth rates in the coming years.

In the NAFTA region, Grammer develops and produces both for U.S. carmakers as well as models of German premium manufacturers that are made in the U.S.. Headrests, armrests, speaker/ventilation grilles and center consoles are produced in the plant opened three years ago in Tupelo/Mississippi as well as in two plants in Mexico.

Company profile

Located in Amberg, Germany, Grammer AG specializes in the development and production of components and systems for automotive interiors as well as suspension driver and passenger seats for onroad and offroad vehicles.
In the Automotive Division, we supply headrests, armrests, center console systems and high-quality interior components and operating systems to premium automakers and automotive system suppliers. The Commercial Vehicle Division comprises seats for the truck and offroad seat segments (tractors, construction machinery, forklifts) as well as train and bus seats. With over 12,000 employees, Grammer operates in 19 countries around the world.

Grammer shares are listed in the SDAX and traded on the Frankfurt and Munich stock exchanges via the electronic trading system Xetra.