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Nine out of ten automobiles in Europe contain parts that were manufactured in Bulgaria. 80% of all the sensors in European cars were also produced in the country. The automotive parts manufacturing is one of the fastest developing sectors in Bulgaria today, growing with around 8% per annum. There are more than 270 companies in the industry, many of which producing components for global automotive brands

With several leading players in areas like electric motors and mechatronics, the Slovenian automotive industry can provide sophisticated components and unique solutions like high-torque in-wheel electric drive systems and AI based real traffic simulation solutions

The production of automotive components is one of the fastest growing sectors of the Bulgarian economy in recent years. According to the Bulgarian Investment Agency, 80% of all sensors and over 90% of airbag sensors in European cars are produced in Bulgaria

Visteon started its history as a spin-off from Ford Motor Company that had just acquired Johnson Controls’s electronics business.