FORD MOTOR CO

The core brands of vehicles that we sell, representing approximately 89% of the new vehicles that we sold in 2025, are manufactured by Toyota (including Lexus), Honda, Ford, General Motors, BMW, Mercedes-Benz, Stellantis, and Volkswagen (including Audi and Porsche).

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 44% and 39% of total revenue for the three months ended December 31, 2020 and 2019, respectively, and comprised 45% and 45% for the six months ended December 31, 2020 and 2019, respectively.

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 45% and 52% for the three months ended September 30, 2020 and 2019, respectively.

We provide our connected-car products and services directly to automobile manufacturers, such as Ford Motor Company and affiliated entities, or Ford, which represented 44% of our revenue in fiscal 2020, General Motors Holdings and its affiliates, or GM, which represented 34% of our revenue in fiscal 2020, and Toyota Motor Corporation, or Toyota, which represented less than 10% of our revenue in fiscal 2020.

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 48% and 59% of total revenue for the three months ended March 31, 2020 and 2019, respectively, and 46% and 64% for the nine months ended March 31, 2020 and 2019, respectively.

In fiscal 2018, 2019 and 2020, Ford represented 76%, 62% and 44% of our revenue, respectively, and 74%, 54% and 44% of billings, respectively.

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 39% and 65% of total revenue for the three months ended December 31, 2019 and 2018, respectively, and 45% and 66% for the six months ended December 31, 2019 and 2018, respectively.

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 52% and 67% of total revenue for the three months ended September 30, 2019 and 2018, respectively.

Revenue related to products and services provided through Ford Motor Company and affiliated entities, or Ford, comprised 54% and 71% of total revenue for the three months ended March 31, 2019 and 2018, respectively, and 57% and 71% of total revenue for the nine months ended March 31, 2019 and 2018, respectively.

Revenue from Ford as a percentage of total revenue 57 % 70 % 58 % 71 %

Revenue from Ford as a percentage of total revenue 60 % 73 %

In fiscal 2017, 2018 and 2019, Ford represented 71%, 67% and 55% of our revenue, respectively, and 68%, 66% and 50% of billings, respectively.

Revenue from Ford as a percentage of total revenue 29 % 68 % 59 % 69 %

Revenue from Ford as a percentage of total revenue 65 % 70 % 65 % 69 %

Billings to Ford as a percentage of total billings (Non-GAAP) 68 % 64 %

Revenue from Ford as a percentage of total revenue 65 % 68 %

• changes made to existing contractual obligations with a customer that may affect the nature and timing of revenue recognition, such as the transition by Ford to its SYNC 3 platform, for which we have different revenue recognition criteria, or the adoption of our map update solution for Ford's European customers and its impact on the timing of our revenue recognition;

• changes made to existing contractual obligations with a customer that may affect the nature and timing of revenue recognition, such as the transition by Ford to its SYNC 3 platform, for which we have different revenue recognition

• changes made to existing contractual obligations with a customer that may affect the nature and timing of revenue recognition, such as the transition by Ford to its SYNC 3 platform, for which we have different revenue recognition criteria;

• changes made to existing contractual obligations with a customer that may affect the nature and timing of revenue recognition, such as the change in revenue recognition anticipated with the Ford Sync 3 on-board solution;

• changes made to existing contractual obligations with a customer that may affect the nature and timing of revenue recognition, such as the change in revenue recognition anticipated with the Ford Sync 3 on-board solution;

Ford 42% 48% 44% 48%

Ford 45% 49%

During 2018, our largest volume customers, Ford, Fiat-Chrysler, Nissan, Toyota, and BMW accounted for 47%, 22%, 12%, 8%, and 5% of our revenues, respectively.

In fiscal 2026, our three largest customers, General Motors Company, Ford Motor Company and Stellantis, accounted for 27%, 21% and 16%, respectively, of our annual sales.

Net sales and significant segment expenses are as follows (in thousands): Three Months Ended Nine Months Ended March 29, 2026 March 30, 2025 March 29, 2026 March 30, 2025 Net sales $ 137,632 $ 144,082 $ 427,565 $ 413,053 Significant expenses: Direct material costs 73,858 78,696 234,169 229,270 Labor and overhead costs 41,113 42,281 121,679 124,606 Selling costs 2,803 2,563 8,157 7,648 Administrative costs 8,507 6,293 23,082 16,991 Engineering costs 6,305 7,164 20,123 20,256 Interest income (879 ) (529 ) (2,641 ) (1,286 ) Interest expense 70 243 322 795 Other (income) expense, net 748 16 (668 ) 369 Income tax expense 1,282 1,644 5,337 3,547 Net income 3,825 5,711 18,005 10,857 Net income attributable to non-controlling interest 585 315 1,289 439 Net income attributable to Strattec $ 3,240 $ 5,396 $ 16,716 $ 10,418 Sales by product group were as follows (in thousands): Three Months Ended Nine Months Ended March 29, 2026 March 30, 2025 March 29, 2026 March 30, 2025 Power access solutions $ 33,481 $ 36,508 $ 106,063 $ 101,570 Door handles & exterior trim 35,319 35,315 108,980 103,559 Keys & locksets 27,861 27,817 83,948 70,905 Latches 17,415 18,944 53,466 55,763 User interface controls 11,137 12,817 36,474 40,647 Aftermarket and service 9,962 9,980 30,139 32,619 Other 2,457 2,701 8,495 7,990 $ 137,632 $ 144,082 $ 427,565 $ 413,053 Sales to and receivables from customers that individually accounted for 10% or more of the Company's total net sales were as follows (in thousands and percent of total): Three Months Ended Nine Months Ended March 29, 2026 March 30, 2025 March 29, 2026 March 30, 2025 Net Sales % Net Sales % Net Sales % Net Sales % General Motors Company $ 37,471 27 % $ 40,920 28 % $ 118,635 28 % $ 122,630 30 % Ford Motor Company 28,828 21 32,538 23 88,123 21 93,631 23 Stellantis 21,769 16 20,956 15 69,890 16 45,448 11 $ 88,068 64 % $ 94,414 66 % $ 276,648 65 % $ 261,709 64 %

Sales by product group were as follows (in thousands): Three Months Ended Six Months Ended December 28, 2025 December 29, 2024 December 28, 2025 December 29, 2024 Power access solutions $ 34,458 $ 31,720 $ 72,582 $ 65,062 Door handles & exterior trim 35,016 32,903 73,661 68,244 Keys & locksets 26,757 20,066 56,087 43,088 Latches 16,322 17,708 36,051 36,819 User interface controls 12,491 13,991 25,337 27,830 Aftermarket and service 9,420 11,091 20,177 22,639 Other 3,070 2,440 6,038 5,289 $ 137,534 $ 129,919 $ 289,933 $ 268,971 Sales to and receivables from customers that individually accounted for 10% or more of the Company's total net sales were as follows (in thousands and percent of total): Three Months Ended Six Months Ended December 28, 2025 December 29, 2024 December 28, 2025 December 29, 2024 Net Sales % Net Sales % Net Sales % Net Sales % General Motors Company $ 39,386 29 % $ 39,550 30 % $ 81,164 28 % $ 81,710 30 % Ford Motor Company 25,436 18 28,956 22 59,295 20 61,093 23 Stellantis 25,329 18 11,727 9 48,121 17 24,492 9 $ 90,151 65 % $ 80,233 61 % $ 188,580 65 % $ 167,295 62 % December 28, 2025 June 29, 2025 Receivables % Receivables % General Motors Company $ 22,433 25 % $ 26,581 26 % Ford Motor Company 16,679 19 19,916 20 Stellantis 17,709 20 14,812 15 $ 56,821 64 % $ 61,309 61 %

Three Months Ended September 28, 2025 September 29, 2024 Net sales $ 152,399 $ 139,052 Significant expenses: Direct material costs 83,888 78,070 Labor and overhead costs 42,176 42,061 Selling costs 2,820 2,611 Administrative costs 6,071 4,540 Engineering costs 6,997 6,707 Interest income (877 ) (349 ) Interest expense 156 295 Other income, net 275 (129 ) Income tax expense 2,356 1,498 Net income 8,537 3,748 Net income attributable to non-controlling interest 8 45 Net income attributable to Strattec $ 8,529 $ 3,703 Sales by product group were as follows (in thousands): Three Months Ended September 28, 2025 September 29, 2024 Power access solutions $ 38,124 $ 33,342 Door handles & exterior trim 38,645 35,341 Keys & locksets 29,330 23,022 Latches 19,729 19,111 User interface controls 12,846 13,839 Aftermarket and service 10,757 11,548 Other 2,968 2,849 $ 152,399 $ 139,052 Sales to and receivables from customers that individually accounted for 10% or more of the Company's total net sales were as follows (in thousands and percent of total): Three Months Ended September 28, 2025 September 29, 2024 Net Sales % Net Sales % General Motors Company $ 41,778 27 % $ 42,160 30 % Ford Motor Company 33,859 22 32,137 23 Stellantis 22,792 15 12,765 9 $ 98,429 64 % $ 87,062 62 % September 28, 2025 September 29, 2024 Receivables % Receivables % General Motors Company $ 27,080 26 % $ 30,959 30 % Ford Motor Company 22,293 22 24,866 24 Stellantis 17,049 17 11,062 11 $ 66,422 65 % $ 66,887 65 %

Sales and net tangible long-lived assets (property, plant and equipment, net and right-of-use assets) are presented by country; sales are attributed based on the location to which products were shipped (in thousands): Net Sales Tangible Long-Lived Assets Years Ended As of June 28, 2026 June 29, 2025 June 30, 2024 June 28, 2026 June 29, 2025 United States $ 387,046 $ 381,405 $ 382,386 $ 24,142 $ 26,186 Foreign: Mexico $ 58,967 $ 52,845 $ 42,979 $ 47,443 $ 53,633 Canada 69,443 59,717 57,061 43 20 Korea 50,610 56,855 44,735 - 9 Other 13,326 14,244 10,605 388 504 $ 579,392 $ 565,066 $ 537,766 $ 72,016 $ 80,352 Sales by product group were as follows (in thousands and percent of total net sales): Years Ended June 28, 2026 June 29, 2025 June 30, 2024 Net Sales % Net Sales % Net Sales % Door handles & exterior trim $ 147,317 25% $ 140,554 25% $ 135,355 25% Power access solutions 141,077 24% 138,402 24% 126,680 24% Keys & locksets 118,659 21% 99,788 18% 106,374 20% Latches 71,684 12% 75,359 13% 67,844 13% User interface controls 49,675 9% 53,405 9% 47,637 9% Aftermarket and service 40,121 7% 46,703 8% 42,732 8% Other 10,859 2% 10,855 2% 11,144 2% $ 579,392 100% $ 565,066 100% $ 537,766 100% Sales to and receivables from customers that individually accounted for 10% or more of the Company's total net sales were as follows (in thousands and percent of total): Years Ended June 28, 2026 June 29, 2025 June 30, 2024 Net Sales % Net Sales % Net Sales % General Motors Company $ 158,712 27% $ 165,701 29% $ 163,097 30% Ford Motor Company 120,555 21% 129,193 23% 114,937 21% Stellantis 94,226 16% 65,821 12% 77,665 14% $ 373,493 64% $ 360,715 64% $ 355,699 66% Years Ended June 28, 2026 June 29, 2025 Receivables % Receivables % General Motors Company $ 24,144 24% $ 26,581 26% Ford Motor Company 18,355 19% 19,916 20% Stellantis 17,087 17% 14,812 15% $ 59,586 60% $ 61,309 60%

Our largest customers are General Motors Company, Ford Motor Company and Stellantis.

Our largest customers are Stellantis, General Motors Company and Ford Motor Company.

Our largest customers are Stellantis (formerly Fiat Chrysler Automobiles), General Motors Company and Ford Motor Company.

Our largest customers are Fiat Chrysler Automobiles, General Motors Company and Ford Motor Company.

Our largest customers are Fiat Chrysler Automobiles, General Motors Company and Ford Motor Company.

Our largest customers are Fiat Chrysler Automobiles, General Motors Company and Ford Motor Company.

Revenues by segment for the years ended December 31, 2024 and 2023 are summarized in Note 4, “Business Segments”.The related percentage of total sales for the following customers each accounted for 10% or more of the Company's total sales for the years ended December 31, 2024 and 2023: 2024 2023 Percent of Sales Percent of Sales GM 24 % 21 % Ford 16 % 15 % VW Group 12 % 15 % Toyota 12 % 11 % The opening and closing balances of the Company’s trade receivables, and current and long-term contract liabilities are as follows: December 31,2024 December 31,2023 Trade receivables 56,690 41,879 Contract liabilities—current 6,819 2,982 Contract liabilities—noncurrent 6,845 8,530 Contract liabilities consist of deferred revenue related to tooling.

NOTE 6 - ACCOUNTS RECEIVABLE Year Ended December 31, 2023 2022 (Dollars in thousands) Trade receivables $ 41,953 $ 64,225 Other receivables 15,158 9,161 57,111 73,386 Allowance for doubtful accounts (718 ) (661 ) Accounts receivable, net $ 56,393 $ 72,725 The accounts receivable from GM, Ford, VW Group and Toyota represented approximately 9 percent, 12 percent, 17 percent and 17 percent of the total accounts receivable, respectively, at December 31, 2023 and 7 percent, 7 percent, 11 percent and 16 percent of the total accounts receivable, respectively, at December 31, 2022.The related percentage of our total sales to each of these four customers is shown below: 2023Percent of Sales 2022Percent of Sales GM 21 % 26 % Ford 15 % 16 % VW Group 15 % 14 % Toyota 11 % 9 %

NOTE 6 - ACCOUNTS RECEIVABLE Year Ended December 31, 2022 2021 (Dollars in thousands) Trade receivables $ 64,225 $ 75,713 Other receivables 9,161 8,560 73,386 84,273 Allowance for doubtful accounts (661 ) (826 ) Accounts receivable, net $ 72,725 $ 83,447 47 Table of Contents The accounts receivable from GM, Ford and VW Group represented approximately 7 percent, 7 percent and 11percent of the total accounts receivable, respectively, at December 31, 2022 and 10 percent, 9 percent and 10 percent of the total accounts receivable, respectively, at December 31, 2021.The related percentage of our total sales to each of these three customers is shown below: 2022Percent of Sales 2021Percent of Sales GM 26 % 26 % Ford 16 % 13 % VW Group 14 % 14 %

Ford 13% $ 179.0 11% $ 125.0

Ford 11% $ 125.0 15% $ 208.1

Our OEM aluminum wheels accounted for approximately 92 percent of our sales in 2019 and are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler AG Company (Mercedes-Benz, AMG, Smart), FCA, Ford, GM, Honda, Jaguar-Land Rover, Mazda, Nissan, PSA, Renault, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo.

Ford 15 % 18 % 22 %

Ford 18 % $ 272.6 22 % $ 248.8 38 % $ 271.4

Ford 44 % $ 315.1 38 % $ 271.4 22 % $ 248.8

Ford 38% $271.4 44% $315.1 44% $321.6

Ford 44% $315.1 44% $321.6 45% $349.7

Ford 44% $321.6 45% $349.7 38% $313.3

Ford 45% $349.7 38% $313.3 35% $286.5

Sales to Ford were approximately 15% of our consolidated net sales in 2025, 13% in 2024, and 12% in 2023.

Sales to Ford were approximately 13% of our consolidated net sales in 2024, and 12% in 2023 and 2022.

Sales to Ford were approximately 12% of our consolidated net sales in 2023, 2022 and 2021.

Sales to Ford were approximately 12% of our consolidated net sales in 2022, 2021 and 2020.

Sales to Ford were approximately 12% of our consolidated net sales in both 2021 and 2020, and 9% in 2019.

Our worldwide sales in 2025 to Volkswagen and Ford constituted approximately 13% and 12% of our 2025 consolidated net sales, respectively.

Consolidated net sales to Ford (including its subsidiaries) were approximately 12%, 13% and 14% for the years ended December 31, 2025, 2024 and 2023, respectively.

Consolidated net sales to Ford (including its subsidiaries) were approximately 13%, 14% and 15% for the years ended December 31, 2024, 2023 and 2022, respectively.

Consolidated net sales to Ford (including its subsidiaries) were approximately 14%, 15% and 13% for the years ended December 31, 2023, 2022 and 2021, respectively.

Our worldwide sales in 2022 to Ford and Volkswagen constituted approximately 13% and 8% of our 2022 consolidated net sales, respectively.

Consolidated net sales to Ford (including its subsidiaries) were approximately 10%, 13% and 15% for the years ended December 31, 2021, 2020 and 2019, respectively.

During 2019, and 2018, sales to Ford Motor Company were $99.1 million, and $116.1 million, respectively, and accounted for 11.8%, and 14.8% of Lydall’s consolidated net sales in the years

Sales to Ford Motor Company accounted for 11.8%, 14.8% and 17.3% of Lydall’s net sales in the years ended December 31, 2019, 2018 and 2017, respectively.

Ford Motor Company comprised 11%, 12% and 11% of consolidated net sales in fiscal 2025, 2024 and 2023, respectively, across all segments.

September 30, 2025, which included approximately 11% to Ford Motor Company during the three and nine months ended September 30, 2025.

Our ten largest customers accounted for approximately 55% of our total net sales for the three and six months ended June 30, 2025, which included approximately 11% to Ford Motor Company during the three and six months ended June 30, 2025.

Our ten largest customers accounted for approximately 55% of our total net sales for the three months ended March 31, 2025, which included approximately 11% to Ford Motor Company, and accounted for approximately 55% for the three months ended March 31, 2024, none of which individually exceeded 10%.

Our ten largest customers accounted for approximately 57% and 56% for the three and six months ended June 30, 2024, which included approximately 10% to Ford Motor Company during the three months ended June 30, 2024, and none of which individually exceeded 10% for the six months ended June 30, 2024.

Customer concentrations—As reflected in the table below, net sales to General Motors (“GM”), Stellantis N.V. (“Stellantis”), Ford Motor Company (“Ford”) and Volkswagen Group (“VW”), Aptiv’s four largest customers, totaled approximately 34% of our total net sales for the three and nine months ended September 30, 2023, and 34% of our total net sales for the three and nine months ended September 30, 2022.Percentage of Total Net SalesAccounts ReceivableThree Months Ended September 30,Nine Months Ended September 30,September 30,2023December 31,20222023202220232022 (in millions)GM8 %9 %8 %9 %$272 $231 Stellantis9 %8 %9 %9 %$322 $325 Ford9 %9 %9 %8 %$295 $250 VW8 %8 %8 %8 %$201 $186

Customer concentrations—As reflected in the table below, net sales to General Motors (“GM”), Stellantis N.V. (“Stellantis”), Ford Motor Company (“Ford”) and Volkswagen Group (“VW”), Aptiv’s four largest customers, totaled approximately 36% and 35% of our total net sales for the three and six months ended June 30, 2023, respectively, and 36% and 35% of our total net sales for the three and six months ended June 30, 2022, respectively.Percentage of Total Net SalesAccounts ReceivableThree Months Ended June 30,Six Months Ended June 30,June 30,2023December 31,20222023202220232022 (in millions)GM9 %10 %9 %9 %$294 $231 Stellantis10 %10 %10 %10 %$371 $325 Ford8 %8 %8 %8 %$277 $250 VW9 %8 %8 %8 %$218 $186

Customer concentrations—As reflected in the table below, net sales to General Motors (“GM”), Stellantis N.V. (“Stellantis”), Ford Motor Company (“Ford”) and Volkswagen Group (“VW”), Aptiv’s four largest customers, totaled approximately 33% and 34% of our total net sales for the three months ended March 31, 2023 and 2022, respectively.Percentage of Total Net SalesAccounts ReceivableThree Months Ended March 31,March 31,2023December 31,202220232022 (in millions)GM8 %9 %$265 $231 Stellantis9 %10 %$354 $325 Ford8 %8 %$240 $250 VW8 %7 %$196 $186

Ford Motor Company 8%

Ford 8 % 7 % 7 % 250 220

In 2020, we derived approximately 33% of our revenue from the ground transportation end market—including approximately 11% of its revenue from Ford, our largest customer—and 14% from the aerospace end market.

Several of our customers, including our significant ground transportation and aerospace customers, have temporarily suspended operations or taken cost-cutting actions, including Arconic Corporation’s largest customer, Ford, which suspended its North American operations beginning on March 19, 2020.

In 2017: Renault 15% (including Nissan and Mitsubishi) and Ford 10%.

In 2017: Renault 15% (including Nissan and Mitsubishi) and Ford 10%.

In 2015: GM 12% (including Opel, etc.), Ford 12% and Renault 10% (including Nissan).

For example, during the fiscal year ended December 31, 2021, General Motors and Ford accounted for 11% and 10% of our net sales.

Three Months Ended September 30,Nine Months Ended September 30, 2022202120222021General Motors Company9 %5 %9 %7 %Yanfeng Automotive Interiors7 %10 %8 %8 %Stellantis N.V.7 %8 %8 %7 %Ford Motor Company4 %3 %4 %4 %

Three Months Ended June 30,Six Months Ended June 30, 2022202120222021General Motors Company9 %13 %9 %10 %Yanfeng Automotive Interiors8 %7 %9 %7 %Stellantis N.V.8 %6 %8 %6 %Ford Motor Company4 %2 %4 %4 %

Three Months Ended March 31, 20222021General Motors Company9 %7 %Yanfeng Automotive Interiors10 %7 %Stellantis N.V.8 %6 %Ford Motor Company5 %5 %

Net sales to automotive OEMs for the year ended December 31, 2021, as a percentage of total net sales were as follows: General Motors Company 7%, Stellantis 7%, and Ford Motor Company 4%.

Company sales directly to General Motors Company (“GM”), Stellantis, Ford Motor Company (“Ford”), and Yanfeng Automotive Interiors (“Yanfeng”), as a percentage of total net sales were: 7%, 7%, 4%, and 8%, respectively, during the year ended December 31, 2021; 9%, 6%, 6%, and 6%, respectively, during the year ended December 31, 2020.

Three Months Ended September 30,Nine Months Ended September 30, 2021202020212020General Motors Company5 %11 %7 %10 %Yanfeng Automotive Interiors10 %8 %8 %7 %Stellantis N.V.8 %6 %7 %6 %Ford Motor Company3 %6 %4 %6 %

Three Months Ended June 30,Six Months Ended June 30, 2021202020212020General Motors Company13 %8 %10 %9 %Yanfeng Automotive Interiors7 %5 %7 %7 %Stellantis N.V.6 %4 %6 %5 %Ford Motor Company2 %4 %4 %5 %

Three Months Ended March 31, 2021Three Months Ended March 31, 2020General Motors Company7 %9 %Stellantis6 %6 %Ford Motor Company5 %6 %

Company sales directly to General Motors Company (“GM”), Stellantis, and Ford Motor Company (“Ford”), as a percentage of total net sales were: 9%, 6%, and 6%, respectively, during the year ended December 31, 2020; 9%, 5%, and 3%, respectively, during the year ended December 29, 2019.

Three Months Ended September 30, 2020Three Months Ended September 29, 2019Nine Months Ended September 30, 2020Nine Months Ended September 29, 2019General Motors Company14 %17 %15 %18 %Fiat Chrysler Automobiles13 %15 %14 %15 %Ford Motor Company12 %14 %10 %12 %

Three Months Ended June 30, 2020Three Months Ended June 30, 2019Six Months Ended June 30, 2020Six Months Ended June 30, 2019General Motors Company16 %17 %16 %18 %Fiat Chrysler Automobiles11 %16 %15 %15 %Ford Motor Company12 %12 %14 %11 %

Three Months Ended March 31, 2020Three Months Ended March 31, 2019General Motors Company17 %18 %Fiat Chrysler Automobiles14 %15 %Ford Motor Company10 %11 %

The North American market for fusion molding is growing rapidly as European OEMs source more fusion molded products in their North American vehicles and the technology gains traction with domestic OEMs including Fiat Chrysler Automobiles ("FCA"), General Motors, and Ford.

Ford Motor Company (Ford) 14 % 10 % 12 % 11 %

While we provide parts to virtually every major global OEM for use on a wide range of different platforms, sales to our three largest customers, Ford, GM, and Stellantis, on a worldwide basis represented approximately 56% of our sales for the year ended December 31, 2025.

Our automobile manufacturer customers, commonly referred to as OEMs, include BMW, Mercedes-Benz, the Volkswagen Group (Volkswagen, Audi, Porsche, and other brands), Stellantis, Renault, Toyota, Ford, General Motors, BYD, Great Wall Motor, NIO, and many others and represented approximately 50% of our revenue in fiscal year 2025.

Sales to Ford were $2,395 (32%) in 2025, $2,399 (31%) in 2024 and $2,127 (28%) in 2023.

As a percentage of total sales from operations, our sales to Ford were approximately 23% in 2024, 20% in 2023 and 19% in 2022.

As a percentage of total sales from operations, our sales to Ford were approximately 20% in 2023, 19% in 2022 and 19% in 2021.

As a percentage of total sales from operations, our sales to Ford were approximately 19% in 2022, 19% in 2021 and 20% in 2020.

As a percentage of total sales from operations, our sales to Ford were approximately 19% in 2021, 20% in 2020 and 20% in 2019.

As a percentage of total sales from operations, our sales to Ford were approximately 20% in 2020, 20% in 2019 and 20% in 2018, and our sales to FCA (via a directed supply relationship), our second largest customer, were approximately 12% in 2020, 11% in 2019 and 11% in 2018.

In 2025, 2024, and 2023, our sales to Ford, a powered vehicles OEM, accounted for approximately 12%, 15%, and 13%, of total net sales, respectively.

The Company is currently supplying mirrors and electronic modules for Aston Martin, BMW Group, Daimler Group, FCA Group, Ford Motor Co., Geely/Volvo, General Motors, Honda Motor Co., Hyundai/Kia, Jaguar/Land Rover, Mazda, Mahindra & Mahindra, McLaren, Polaris, PSA/Opel Group, Renault/Nissan/Mitsubishi Group, Rivian Automotive, Subaru, Suzuki, Tesla, Toyota Motor Company, Volkswagen Group, as well as, shipments to domestic China manufacturers (Borgward, BYD, Chehejia, Chery, Great Wall Motors, Hongqi, NextEV, SAIC, and Skywell).

The Company is currently supplying mirrors and electronic modules for Aston Martin, BMW Group, Daimler Group, FCA Group, Ford Motor Co., Geely/Volvo, General Motors, Honda Motor Co., Hyundai/Kia, Jaguar/Land Rover, Karma Automotive, Mazda, Mahindra & Mahindra, McLaren, PSA/Opel Group, Renault/Nissan/Mitsubishi Group, Subaru, Suzuki, Tesla, Toyota Motor Company, Volkswagen Group, as well as, shipments to domestic China manufacturers (Borgward, BYD, Chery, Dongfeng, Great Wall, Jianghuai, NextEV, and SAIC).

The Company is currently supplying mirrors and electronic modules for Aston Martin, BMW Group, Daimler Group, FCA Group, Ford Motor Co., Geely/Volvo, General Motors, Honda Motor Co., Hyundai/Kia, Jaguar/Land Rover, Karma Automotive, Mazda, Mahindra & Mahindra, McLaren, PSA/Opel Group, Renault/Nissan/Mitsubishi Group, Subaru, Suzuki, Tesla, Toyota Motor Company, Volkswagen Group, as well as, shipments to domestic China manufacturers (Borgward, BYD, Chery, Dongfeng, Great Wall, Jianghuai, NextEV, and SAIC).

In 2025, 2024 and 2023, our sales to Ford Motor Company (“Ford”), our third largest customer, were 11%, 10%, and 9%, respectively, of our total sales.

During fiscal 2021, shipments to General Motors Corporation (“GM”) and Ford Motor Company (“Ford”), or their tiered suppliers, represented 27.5% and 8.8%, respectively, of consolidated net sales.

Ford 8.8 % 10.7 % 11.6 %

Ford 10.7 % 11.6 % 12.3 %

Ford Motor Company accounted for approximately 9%, 9% and 5% of our revenues in 2025, 2024 and 2023, respectively.

Ford Motor Company accounted for approximately 5%, 7% and 8% of our revenues in 2020, 2019 and 2018, respectively.

Ford Motor Company accounted for approximately 7%, 8% and 9% of our revenues in 2019, 2018 and 2017, respectively.

Ford Motor Company accounted for approximately 8%, 9% and 10% of our revenues in 2018, 2017 and 2016, respectively.

In 2025, our top five customers were Volvo, PACCAR, Traton, Daimler Truck and Ford, which comprised 18%, 15%, 11%, 7% and 6% of our net sales, respectively.

In 2025, 2024 and 2023, sales to our top 10 customers, including General Motors and Ford, totaled 59%, 56% and 48%, respectively.

4X4 PICKUP, FULL SIZE, CREW CAB, MIN 8,501 LBS GVWR