W.E.T. Automotive Systems AG operates in the Motor vehicle parts and accessories sector. WET Automotive Systems AG is a Germany-based holding company engaged in the automotive industry. It is primarily engaged in the development, manufacture and distribution of components for seating comfort systems as well as cable systems for vehicles. The Company is divided into the segments Seat Comfort and Car Cable Technology. It develops and produces seat and steering wheel heating elements using its Carbotex technology, which distributes heat evenly across the seat. It also combines Carbotex with a ventilation technology to provide a comfortable seating surface. Furthermore, the Company operates three geographical segments: Asia; North America and Europe. As of December 31, 2010, the Company had subsidiaries located in Germany, Hungary, Malta, Ukraine, South Korea, Canada, the United States, Mexico and China. In
our complete report available for purchase the company is compared to: Veritas AG, Saf-Holland S.A. and Elringklinger AG.