Tag: automotive supplier
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…
Sima trumps Nvidia at Chip Olympiad
Stuttgart Considering the fact that Krishna Rangasayee builds what are arguably the most powerful chips for artificial intelligence (AI), he speaks calmly about his success. “We set out to be…
Why manufacturers and suppliers need mediators
Production of electric vehicles at Volkswagen Car manufacturers are skeptical as to whether all of the cost increases cited by suppliers are justified. (Photo: IMAGO/Kirchner Media) Dusseldorf, Stuttgart The difficult…
Rescue operation for Leoni: Painful capital cut at the auto supplier
Leoni The cable manufacturer wants to reposition itself financially. (Photo: dpa) Munich The shareholders of the ailing auto supplier Leoni have to prepare for a massive dilution of their shares.…
Leoni boss wants agreement with creditor banks in the first quarter
Leoni The cable manufacturer wants to reposition itself financially. (Photo: dpa) Munich The ailing auto supplier Leoni is seeking an agreement with its creditors. Even before his departure at the…
Cloud platform for the automotive industry: Catena-X is taking shape
BMW plant in Dingolfing The automotive industry wants to network more closely digitally – also for reasons of sustainability. (Photo: BMW) Munich The German automotive industry wants to network more…
Eberspächer boss Martin Peters flourishes in crisis
Martin Peters The head of the company is not so easily ruffled. His corporate strategy makes him confident. (Photo: Eberspächer) esslingen Rarely has the time as an entrepreneur at Eberspächer…
Out for CEO after only three months – Junker under pressure
Stuttgart The afternoon on Good Friday of all days was chosen by Mahle’s supervisory board chairman Heinz Junker (72) to announce the separation of CEO Matthias Arleth (54). With the…
AMS Osram announces further sales
AMS factory in Unterpremstätten The AMS-Osram group has felt the global shortage of chips. (Photo: Reuters) Munich The new lighting and sensor technology specialist AMS Osram wants to part with…