German auto parts and tyre manufacturer Continental is to cut some 7,150 jobs worldwide due to its cost-cutting efforts in the weakening automotive supply business. This corresponds to more than 3% of ...
Webasto, which produces auto parts including roof and heating systems, has also faced more competition in China from domestic players, prompting declining sales there in 2023. The backdrop is making ...
BERLIN (Reuters) -German auto parts supplier Bosch is preparing to furlough staff at its Salzgitter plant if a trade dispute between China and the Netherlands over Dutch chipmaker Nexperia is not ...
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