In this fast paced business world, we have been guided by our values for more than a century. Success for us is not measured quarterly - we think for generations. We develop and manufacture electronic and mechatronic modules and thus shape the future of the automobile.
As international family enterprise, based in Germany, Lüdenscheid, we run 57 locations in 22 countries on 5 continents in all business areas. In 2023, 19,900 employees generated a turnover of €3.6 billion provisionally, of which KOSTAL Automobil Elektrik accounted for €3.2 billion or 87%. We invest more than €200 million in research and development every year.
Our products are built into every second car worldwide. We are shaping electromobility with over 4.5 milion onboard chargers in the field. We are the world market leader in the steering column modules, shift-by-wire modules and door control units, each with a market share of over 30%.
According to issue 07/2023 of Automotive News, the leading newspaper in the industry, KOSTAL is in 75th place among automotive suppliers with the highest turnover worldwide.