Tag: Automotive parts
Joint venture with Foxconn – ZF’s axle business brings in half a billion euros
Axle production at ZF in Beijing The chassis components business is brought into a joint venture with the electronics group Foxconn. (Photo: dpa) Stuttgart ZF has found a partner for…
Vitesco replaces Software AG in the MDax – BVB moves up
Software Inc The tech company is deleted from the MDax. (Photo: IMAGO/Zoonar) After the US financial investor Silver Lake secured a good 84 percent of the shares in Software AG,…
Suppliers are turning to Chinese automakers
Electric cars from Nio The Chinese manufacturer was the launch customer for ZF’s electronic steering system. (Photo: IMAGO/VCG) Dusseldorf, Stuttgart The German automotive suppliers could always rely on one thing:…
Vitesco replaces Software AG in the MDax – BVB moves up
Software Inc The tech company is deleted from the MDax. (Photo: IMAGO/Zoonar) After the US financial investor Silver Lake secured a good 84 percent of the shares in Software AG,…
Auto suppliers rely on automakers from China
Electric cars from Nio The Chinese manufacturer was the launch customer for ZF’s electronic steering system. (Photo: IMAGO/VCG) Dusseldorf, Stuttgart The German automotive suppliers could always rely on one thing:…
Bosch increases hydrogen investments by one billion euros
Fuel cell drive at Bosch The world’s largest automotive supplier is the only one in Germany to rely on hydrogen technology. (Photo: Bosch) Stuttgart The Bosch Group sees hydrogen technology…
Continental is in the red in the automotive business
Continental In response to the numbers, Conti shares have meanwhile turned negative. (Photo: dpa) Dusseldorf The automotive supplier Continental did not meet the expectations of its core business area in…
Continental is in the red in the automotive business
Continental In response to the numbers, Conti shares have meanwhile turned negative. (Photo: dpa) Frankfurt The automotive supplier Continental made a small operating loss in its core automotive business in…
“The Chinese are also very good in terms of quality”
Harold Marquardt The head of the automotive supplier Marquardt already supplies numerous Chinese customers. (Photo: Marquardt) Stuttgart The boss of the automotive supplier Marquardt warns the German car manufacturers not…
No redundancies at Bosch until the end of 2027
Bosch Employee representatives at Bosch are to be more closely involved in decisions in the future. (Photo: dpa) Stuttgart According to an agreement with the works council, Bosch has ruled…
Lea Corzilius becomes the new Head of Human Resources at the automotive supplier ZF
Leah Corzilius The new head of human resources for ZF comes from the competitor Hella. (Photo: PR) Stuttgart Lea Corzilius will be Chief Human Resources Officer at ZF, Germany’s second…
Suppliers declare a personnel emergency
Frankfurt The shortage of skilled workers is posing ever greater problems for the aerospace industry. According to the IG Metall coast, up to 5,000 positions are currently vacant – the…
Suppliers fear new Volkswagen austerity package
Continental wants to review return target A Continental employee checks the circuit board for a vehicle control unit in electronics production. The supplier group is reviewing its return target for…
How language models can help automakers
Dusseldorf, Vienna If BMW has its way, revolutionary times will dawn in software development. “Become part of the ‘iPhone moment in artificial intelligence’ as our magician who makes things possible…
AI could help VW, BMW and Mercedes solve the software problem
Dusseldorf, Vienna If BMW has its way, revolutionary times will dawn in software development. “Become part of the ‘iPhone moment in artificial intelligence’ as our magician who makes things possible…
Sparkasse subsidiary has been struggling with the consequences of a hacker attack for almost a week
German leasing A hacker attack has paralyzed Deutsche Leasing – and has been for several days. (Photo: Deutsche Leasing) Frankfurt The leasing subsidiary of the German savings banks has been…
Sparkasse subsidiary has been struggling with the consequences of a hacker attack for almost a week
German leasing A hacker attack has paralyzed Deutsche Leasing – and has been for several days. (Photo: Deutsche Leasing) Frankfurt The leasing subsidiary of the German savings banks has been…
Bosch places largest bond in company history
Bosch The world’s largest automotive supplier is raising fresh money for its investments with a billion-dollar bond issue. (Photo: dpa) Stuttgart At 4.5 billion euros, Bosch has placed the largest…
Mahle wants to make the leap into electromobility with thermotechnology
Stuttgart The first wind tunnel in the German automotive industry is in Stuttgart-Feuerbach. The radiator specialist Behr, now part of the Mahle Group, built it in 1937. The first customer…
Continental and Vitesco continue to argue about the cost of the diesel scandal
Continental The Dax supplier has already spent large sums on the processing of the diesel scandal. (Photo: dpa) Dusseldorf According to information from the Handelsblatt, Continental and the now independent…