Producer

Joyson Safety Systems

HQ US · Auburn Hills, Michiganwebsite ↗

Auto-safety maker (owned by China’s Joyson) that absorbed bankrupt Takata; inflators and restraints.

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Inputs supplied

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Goods downstream

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Facilities

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Stories

What they make

2 inputs Joyson Safety Systems supplies

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Goods downstream

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What else they do

Business segments

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  • Airbags & inflators

  • Seatbelts & steering wheels

  • Parent-group EV power electronics (Joyson Electronics / Preh)

Intelligence

What's known

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  • Did you know2018

    The world's #2 automotive-safety supplier is Chinese-controlled. Joyson Safety Systems — headquartered in Auburn Hills, Michigan and the entity that absorbed bankrupt Takata's airbag assets — is owned by China's Ningbo Joyson Electronic (with investor PAG). Joyson Electronics had bought Key Safety Systems for $920M in 2016; KSS then took Takata's remaining assets for ~$1.6B and rebranded as Joyson Safety Systems in 2018. So a large share of Western airbags, seatbelts and steering wheels — safety-critical, regulator-mandated parts — now traces to a Chinese parent, a quiet shift in the geopolitics of vehicle safety.

    Just-Auto