GKN Automotive Limited Overview
Company Headquarters: London, UK
Founded: 1759
Workforce: ~25,000
Company Working: GKN Automotive Limited (GKN) is a leading global automotive technology company pioneer in electric drive systems. The company is driving the future of transportation and is the trusted partner for most of the world’s automotive companies. GKN specializes in the development and supply of market-leading driveline systems and advanced ePowertrain technologies. The ePowertrain division of GKN offers solutions for electrified vehicles and is now powering over 2 million electrified vehicles worldwide creating the ultimate driving experience. GKN has a global network of 47 manufacturing facilities and 6 technology centers in 18 countries which are strategically located to ensure world-class technical support.
Strategy
GKN is focused on the “Buy, Improve, sell” strategy, which means buying good quality manufacturing businesses that are underperforming their potential and then invest seriously to improve performance and productivity. Sustainability has always been an important part of the company’s improvement strategy. It has published targets aligned to materiality analysis, as well as short, medium, and long-term objectives for the change to renewable electricity, reduction of greenhouse gas emissions, and decreasing the waste to drive the sustainability transformation.
