Kobe Steel supplies aluminum products for the auto industry that include sheet for hoods and doors, extrusions for bumpers, and forgings for underbody components such as suspensions. The use of aluminum lightens vehicle weight, contributing to greater fuel efficiency.
As a result of the wider use of aluminum for forged suspension parts, bumpers and panels, for which production has been increasing both in Japan and the United States, automotive products accounted for 20% of sales in the Aluminum and Copper Company in fiscal 2005, growing to 25% in fiscal 2008. The figure is expected to increase further to 30% in fiscal 2010.
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