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…

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…

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)…

Marelli plant closure forewarns painful electric vehicle transition

[ad_1] CREVALCORE, Italy, Oct 30 (Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts factory, an early casualty of…

Valeo announces sale of Russian thermal systems business to NPK Avtopribor

[ad_1] A logo of French automotive supplier Valeo is seen in Paris, France, February 20, 2023. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing Rights Oct 31 (Reuters) – French car parts maker…

Autoliv to lay off about 320 of its employees in France

[ad_1] COPENHAGEN, Oct 30 (Reuters) – Sweden’s Autoliv (ALV.N) said on Monday it plans to lay off about 320 employees at its major plants in France and to relocate manufacturing…