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Gentherm Named 2024 Top North American Supplier by Honda

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Gentherm (NASDAQ: THRM), a leader in automotive and medical thermal management technologies, has been named a top North American Supplier by Honda. Of the 746 suppliers serving Honda's 13 North American plants, Gentherm was one of 52 recognized for excellence in quality, delivery, and value. Specifically, Gentherm received the Excellence in Value award at Honda's annual Supplier Conference in Columbus, Ohio. This award highlights Gentherm's commitment to improving efficiency and cost-effectiveness. President and CEO Phil Eyler expressed enthusiasm for the ongoing partnership with Honda.

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  • Gentherm named a top North American Supplier by Honda.
  • Received Honda's Excellence in Value award for improving efficiency and cost-effectiveness.
  • Recognition could strengthen Gentherm's market reputation and investor confidence.
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NORTHVILLE, Mich., July 02, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced that the Company was named a top North American Supplier by Honda.

Gentherm was one of 52 suppliers recognized as one of Honda’s best suppliers for their excellence in quality, delivery and value. In North America, Honda works with 746 suppliers who provide parts to 13 plants in the region that produce Honda and Acura cars and light trucks.

Honda’s OEM Supplier Awards are presented in four categories: Excellence in Quality and Delivery, Excellence in Value, Supplier Sustainability and Honda Service Parts Suppliers Award. Gentherm received Honda’s Excellence in Value award which recognizes and honors Gentherm for their commitment to improving efficiency and cost.

“This recognition as a Top North American Supplier embodies our continued dedication to provide our customers with operational excellence, quality, service and innovative technology,” said Phil Eyler, President and CEO of Gentherm. “We are enthusiastic about our ongoing partnership with Honda and look forward to delivering continued value in the years ahead."

The awards were presented during the annual Honda Supplier Conference, held in Columbus, Ohio.

Investor Contact 
Gregory Blanchette
investors@gentherm.com  
248.308.1702 

Media Contact 
Melissa Fischer 
media@gentherm.com  
248.289.9702 

About Gentherm 
Gentherm (NASDAQ: THRM) is the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems, lumbar and massage comfort solutions, valve system technologies, and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities in the United States, Germany, China, Czech Republic, Hungary, Japan, Malta, Mexico, Morocco, North Macedonia, South Korea, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.com


FAQ

What recent award did Gentherm (THRM) receive from Honda?

Gentherm received the Excellence in Value award from Honda, recognizing their commitment to improving efficiency and cost.

Why was Gentherm (THRM) recognized by Honda in 2024?

Gentherm was recognized as a top North American Supplier for their excellence in quality, delivery, and value.

How many suppliers did Honda recognize in North America in 2024?

Honda recognized 52 suppliers out of 746 in North America for their excellence in quality, delivery, and value.

Where was the Honda Supplier Conference held in 2024?

The Honda Supplier Conference was held in Columbus, Ohio.

What impact does the Honda Excellence in Value award have on Gentherm (THRM)?

Receiving the award can enhance Gentherm's market reputation and boost investor confidence.

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