Tag: auto parts supplier
Conversion at Continental – economy
According to a media report, the automotive supplier Continental is preparing for the next major conversion after the drive division has been spun off. The head of the supervisory board,…
Auto supplier: Bosch board member leaves
Auto supplier: Bosch board member leaves source site
Auto supplier – Austrian buys Leoni – economy
The Austrian entrepreneur Stefan Pierer wants to save the ailing car supplier Leoni and become its sole owner. Major shareholder Pierer is ready to provide Leoni with 150 million euros…
Auto supplier – Leoni needs a new boss – economy
Leoni CEO Aldo Kamper surprisingly takes his hat off in the middle of the renovation of the Nuremberg car supplier. The 52-year-old Dutchman is leaving the company at the end…
Automotive supplier – Schaeffler cuts jobs – economy
The automotive supplier Schaeffler is cutting 1,300 of its almost 83,000 jobs worldwide. The jobs are to be cut by 2026, 1,000 of them in Germany alone. The reason for…
Auto supplier – Continental creates fewer profits – economy
At the third largest German automotive supplier Continental, operating profit fell by a fifth in the second quarter. With adjusted earnings before taxes and interest of around 414 million euros,…
“Why shouldn’t we act like a tech company?” – Economy
Interviewed by Max Haegler The origin of the company is still in the name: ZF Friedrichshafen, that was once the gear factory from Lake Constance. The company has grown with…
Automotive supplier – Schaeffler dares forecast – Economy
The outbreak of war in Ukraine and problems in supply chains had a significant impact on automotive and industrial supplier Schaeffler in the first quarter. According to preliminary figures, sales…
Auto supplier: Mahle still in crisis – economy
In order to understand how quickly times are changing in the German automotive and supplier industry, it is sometimes enough to scroll through an e-mail inbox. At the beginning of…
Auto supplier – Bosch buys company for autonomous driving – economy
The automotive supplier Bosch is strengthening its self-driving car division with the acquisition of a software developer. The British start-up Five, which has 140 employees, was taken over, as the…