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Bosch, Cooper Standard, Honeywell, Hyundai Mobis, Lear Corporation, LG Electronics and NXP Semiconductors Join Auto-ISAC

2017-02-23 20:06 ET - News Release

WASHINGTON, Feb. 23, 2017 /PRNewswire-USNewswire/ -- The Automotive Information Sharing and Analysis Center (Auto-ISAC) welcomes Bosch, Cooper Standard, Honeywell, Hyundai Mobis, Lear Corporation, LG Electronics and NXP Semiconductors as original equipment supplier members. The inclusion of these companies exemplifies Auto-ISAC's continued efforts to promote collaboration between Tier 1 suppliers and automobile manufacturers around vehicle cybersecurity.

"We look forward to working together with Bosch, Cooper Standard, Honeywell, Hyundai Mobis, Lear Corporation, LG Electronics and NXP Semiconductors to advance vehicle cybersecurity protections," said Jeff Massimilla of General Motors, who serves as the organization's Vice Chairman. "Each of these new members plays a critical role in the design and engineering of secure connected vehicles. The addition of these seven companies will help Auto-ISAC continue to support the industry's proactive efforts to incorporate strong security measures into every phase of the vehicle lifecycle."

Auto-ISAC was formed by automakers in August 2015 to establish a global information sharing community to promote vehicle cybersecurity. Auto-ISAC operates as a central hub for sharing, tracking and analyzing intelligence about potential cyber threats, vulnerabilities and incidents related to the connected vehicle; its secure intelligence sharing portal allows members to anonymously submit and receive information that helps them more effectively respond to cyber threats.

In 2016, Auto-ISAC published the Automotive Cybersecurity Best Practices Executive Summary, which outlines Auto-ISAC's informational guides that cover organizational and technical aspects of vehicle cybersecurity, including incident response, collaboration and engagement with appropriate third parties, governance, risk management, security by design, threat detection and protection, and training and awareness.

Auto-ISAC members represent more than 99 percent of light-duty vehicles on the road in North America, and recently expanded membership eligibility to include heavy-duty vehicles, commercial fleet managers, and carriers. It also has global representation from companies in Europe and Asia.

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Bosch Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2016 sales came to 44.0 billion euros, or 60 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector combines the group's expertise in three mobility domains – automation, electrification, and connectivity – and offers its customers integrated mobility solutions. Its main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, diverse solutions for powertrain electrification, vehicle safety systems, driver-assistance and automated functions, technology for user-friendly infotainment as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for the automotive aftermarket. Bosch is synonymous with important automotive innovations, such as electronic engine management, the ESP anti-skid system, and common-rail diesel technology.

Cooper Standard, headquartered in Novi, Mich., is a leading global supplier of systems and components for the automotive industry. Products include rubber and plastic sealing, fuel and brake lines, fluid transfer hoses and anti-vibration systems. Cooper Standard employs approximately 30,000 people globally and operates in 20 countries around the world. For more information, please visit www.cooperstandard.com.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. For more news and information on Honeywell please visit www.honeywell.com/newsroom.For more detail on Honeywell Transportations Systems and its turbocharger, automotive software and electric boosting products be sure to follow @Honeywell_Turbo on Twitter.

Hyundai Mobis is a global tier-1 automotive supplier.  It was established in 1977, and is headquartered in Seoul, Korea. The corporate philosophy is to become a lifetime partner with technologies for automobiles and people. We endeavor to take the lead in making customers safe, happy, and creating a more convenient automotive culture. Hyundai Mobis currently employs about 30,000 people (as of the end of 2016). Manufacturing operations are in over 30 locations in 10 countries, including Korea, China and the US. Product ranges are wide; automotive modules (chassis, cockpit & front-end), brakes, steering, suspension, airbags, lamps and automotive electronics. R&D is headquartered in Korea, with 4 technical centers in worldwide; Germany, China, India and the US. Hyundai Mobis is striving to develop autonomous driving and eco-friendly technologies.  Hyundai Mobis has mass-produced a great number of DAS technologies and green car components for hybrid, EV, PHEV and FCEV. For more information, please visit the website (http://en.mobis.co.kr).

Lear Corporation (NYSE: LEA) was founded in Detroit in 1917 as American Metal Products. In 2017, the Company will celebrate its 100th year anniversary. Lear is one of the world's leading suppliers of automotive seating systems and electrical distribution systems (E-Systems). Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates. Lear's world-class products are designed, engineered and manufactured by a diverse team of approximately 150,000 employees located in 37 countries. Lear currently ranks #154 on the Fortune 500. Lear's headquarters are in Southfield, Michigan.  Further information about Lear is available at http://www.lear.com or follow us on Twitter @LearCorporation.

LG Electronics, Inc. (KSE: 066570.KS) is a global leader and technology innovator in consumer electronics, mobile communications and home appliances, employing 77,000 people working in 125 locations around the world. With 2016 global sales of USD 47.9 billion (KRW 55.4 trillion), LG comprises four business units ― Home Appliance & Air Solutions, Mobile Communications, Home Entertainment and Vehicle Components ― and is one of the world's leading producers of flat panel TVs, mobile devices, air conditioners, washing machines and refrigerators. LG Electronics is a 2016 ENERGY STAR Partner of the Year. For more news and information on LG Electronics, please visit www.LGnewsroom.com.

NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bosch-cooper-standard-honeywell-hyundai-mobis-lear-corporation-lg-electronics-and-nxp-semiconductors-join-auto-isac-300413029.html

SOURCE Alliance of Automobile Manufacturers

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