![German Budget Chaos Puts Industry’s Green Overhaul at Risk](/i/c/83909426-f35c-7848-3e0a-03be07b72ba0.webp)
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 00:15
![Continental to Cut Thousands of Jobs as Costs Hit Auto Unit](/i/c/66f9b4e2-8c5f-58ab-b981-906ac76169ea.webp)
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 18:50
![Auto-Parts Maker Continental May Cut 5,500 Jobs](/i/c/56ad0276-6d49-2e8f-ca45-4cd5034246c7.webp)
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 20:25
![Schaeffler AG Offers to Buy Out Vitesco in €3.64 Billion Deal](/i/c/5e23709a-2814-7921-d3be-ee3b8d20c7c8.webp)
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 14:24
![BYD Shows Off Electric Sedan to Challenge Tesla: Munich Update](/i/c/c2d8c49c-cc50-fc4b-f83f-37636f849bb7.webp)
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 18:45
![European Stocks Jump as Banks Rebound After Italy-Fueled Rout](/i/c/e8613b5a-c1f0-4a1d-615a-ebe91f81302f.webp)
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 15:26
![Continental Cuts Sales Forecast as Tire Market Softens in Europe](/i/c/c9302526-875d-452e-d7f1-d81bff11d028.webp)
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 14:50