Bosch expects to cut 1,500 jobs by 2025 at two German sites

[ad_1] Bosch logo is seen on a bike during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights FRANKFURT, Dec 10…

Germany’s Continental considers measures to improve competitiveness

[ad_1] A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File…

Continental prepares for asset sales, tightens 2023 targets

[ad_1] The logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Dec 4…

Rheinmetall to produce first armored vehicles in Ukraine in 2024 -report

[ad_1] Headquarters of German defense and automotive group Rheinmetall AG in Duesseldorf, Germany January 27, 2023. REUTERS/Jana Rodenbusch/File Photo Acquire Licensing Rights BERLIN, Dec 1 (Reuters) – German arms manufacturer…

Exclusive: Huawei’s new smart car firm valued up to $35 billion amid advanced stake talks

[ad_1] HONG KONG/SHANGHAI, Nov 29 (Reuters) – Huawei Technologies’ (HWT.UL) new smart car software and components firm is set for a valuation of up to 250 billion yuan ($34.67 billion)…

Exclusive: Toyota group companies plan $4.7 bln sale of Denso stake -sources

[ad_1] A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo Acquire Licensing Rights Group companies to sell about 10% stake by year-end-sources Toyota Motor expected to…

Glencore to build pilot battery recycling plant outside of Italy

[ad_1] The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing Rights ROME, Nov 23…

Canada’s Magna, Unifor reach tentative labor deal

[ad_1] Magna logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights Nov 13 (Reuters) – Canada’s Magna…

Germany’s Continental announces job cuts in automotive division

[ad_1] A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company’s annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File…

Continental hikes car market forecast, warns on 2024 outlook

[ad_1] Logo of German tyre company Continental is pictured before the annual news conference in Hanover, Germany, March 9, 2021. REUTERS/Fabian Bimmer/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters)…