"An overall sector weakness" However, the overall sector weakness has also been asserting itself regarding European auto parts manufacturers, with major players like ZF Friedrichshafen (ZFF ...

Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from ...

beating out rival bidders from the European car-parts industry. Nanterre, France-based Faurecia will buy a 60% stake from the founding Hueck family through a mixture of cash and stock, according ...

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...

The company said it would cut thousands of jobs across Europe as part of a restructuring program aimed at boosting its ...

German car parts manufacturer Schaeffler has announced a significant reduction in its workforce, revealing plans to cut 4,700 jobs across Europe due ...

The company is downsizing at 10 locations in Germany and five other locations in Europe, further illustrating the challenges ...

French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler ...