German Budget Chaos Puts Industry’s Green Overhaul at Risk
Germany’s emergency spending freeze is blocking funds for next-generation auto-industry and steel plants, jeopardizing the push to re-engineer
2023-11-22 00:24
Continental to Cut Thousands of Jobs as Costs Hit Auto Unit
Continental AG will cut thousands of jobs worldwide as the German parts supplier moves to reduce costs and
2023-11-13 18:53
Auto-Parts Maker Continental May Cut 5,500 Jobs
Continental AG, one of Europe’s largest auto-parts makers, may announce 5,500 job cuts representing 3% of its staff
2023-11-12 20:19
Schaeffler AG Offers to Buy Out Vitesco in €3.64 Billion Deal
Schaeffler AG is seeking to buy out Vitesco Technologies Group AG, valuing the maker of electric-vehicle and combustion-car
2023-10-09 14:25
BYD Shows Off Electric Sedan to Challenge Tesla: Munich Update
Europe’s automakers are showing off their latest battery-powered cars at the IAA Mobility car show this week as
2023-09-04 18:47
European Stocks Jump as Banks Rebound After Italy-Fueled Rout
European stocks bounced, led by a jump in Italian banks, as investors weighed a clarification from Italy about
2023-08-09 15:18
Continental Cuts Sales Forecast as Tire Market Softens in Europe
Continental AG cut its sales outlook for the year on weakening markets for tires in Europe and North
2023-08-09 14:46