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Companies Application Automotive / Transport

POLYTEC Automotive supplier to exit niche business / Sale to result in balanced EBIT	17.11.2020
AUTOMOTIVE INDUSTRY Carmakers and OEMs must reinvent organisations to survive / Recommendations for five key changes / Window of opportunity is closing / McKinsey report	13.11.2020
CONTINENTAL CEO Degenhart resigns for health reasons / Successor to be appointed at short notice	03.11.2020
HEXPOL Key profits advance in Q3 despite sales decline / Brunstam returns as president and CEO	30.10.2020
NOLATO US purchase marks biggest in history of Swedish converter	29.10.2020
RÖCHLING Self-developed PLA compounds for car production / Glass-fibre and talc-reinforced types	23.10.2020
CONTINENTAL Expansion of the Hamburg-Harburg plant / New centre of excellence for plastic tubing	16.10.2020
HELLA Automotive supplier reports Q1 declines for sales and earnings / Provisions made for austerity programme	09.10.2020
TORAY Toshiyuki Kondo appointed CEO of advanced composites division	01.10.2020
FACC Composites specialist announces massive job cuts	01.10.2020
AEROSPACE European companies join project to develop rear aircraft parts made of reinforced thermoplastics	30.09.2020
ELKAMET German lighting firm signs PC supply deal with Sabic	22.09.2020
SMP Automotive supplier to build new plant in Serbia	17.09.2020
CONTINENTAL Pandemic spurs rise in cost cuts to over EUR 1 bn / Over 10% of workforce affected / Plant relocations, closings likely / Worst auto sector crisis in 70 years	08.09.2020
DELFINGEN Acquisition of Schlemmer's Europe and Africa activities / Products include PA 6 cable protection	07.09.2020
FOAMPARTNER Sustainable PU foam based on chemical by-products targets auto interiors	04.09.2020
POLLMANN Automotive supplier builds plant in Mexico / Injection moulding manufacture for locking system housings	31.08.2020
STS Vehicle components supplier to divest its Acoustics segment / Supervisory board replaces CEO	27.08.2020
LANXESS Bio-based MDI prepolymer line with reduced carbon emissions	26.08.2020
LEONI Heavy losses in turnover and earnings / Search for buyer for parts of Special Cables and Wiring Systems divisions	24.08.2020
AIRCRAFT MANUFACTURING Existential threat to aerospace suppliers / Decline in production makes itself felt	21.08.2020
POLYTEC Automotive supplier in severe trouble / Four plants closed already / Reconciliation of interests for German facility	19.08.2020
PLASTIC FANTASTIC Hopefully not another “Frog & Rostbif”	14.08.2020
VERITAS Job cuts at German plants / Insolvency proceedings begin	11.08.2020
ADIENT Car seat manufacturer plans to close French facility / Exclusive production for Renault	04.08.2020

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