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Companies Application Automotive / Transport

GRAMMER Automotive supplier slips deep into the red / Massive impact of coronavirus crisis	17.07.2020
REHAU Automotive weakness and coronavirus impact German group / Nearly 1,000 job losses	13.07.2020
HELLA Joint venture with Minth in China / Investment in automotive radome market	08.07.2020
RECTICEL Sale of joint venture Eurofoam completed / Automotive Interiors segment also divested	06.07.2020
PLASTIVALOIRE Car component supplier witnessed largely stable turnover / "Brutal decline" in current quarter due to Covid-19	30.06.2020
SOLVAY Sales drop at chemicals and plastics group / Composites plant closures in UK and US	29.06.2020
VERITAS Provisional insolvency administrator reports stabilised operation of automotive supplier / Search for investors begins	19.06.2020
MANN+HUMMEL Record high turnover in 2019 / Global restructuring has desired effect / No liquidity bottlenecks due to Covid-19	18.06.2020
GURIT Gurit speeds up closure of aerospace plant in Switzerland due to Covid-19	16.06.2020
3D PRINTING Oechsler, HP and BASF in new alliances / Focus on parts production	16.06.2020
SENOPLAST Start-up of thermoformed sheet production in China / Panels for trains and cars	15.06.2020
GAUDLITZ Injection moulder remains in the red / Crisis in automotive industry a big burden	12.06.2020
AUTONEUM Automotive supplier back in production / "Healthy profitability" not expected before 2022	09.06.2020
COOPER STANDARD Sale of European businesses including elastomer hoses to Mutares / Plants in Italy, Poland and Spain included	08.06.2020
VARROC LIGHTING SYSTEMS Production site in Poland opened	08.06.2020
AUTOMOTIVE INDUSTRY Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable	04.06.2020
HELLA Automotive supplier under pressure / Dividend could be suspended	04.06.2020
NOVARES Financing of EUR 146m to secure continued business	03.06.2020
RÖCHLING Plastics group undergoes stress test / Sales down 80% in April / Automotive division takes a breather	26.05.2020
RTP Major fire at compounding plant in Germany / “First corona, and now this”	20.05.2020
NOVARES Competitors Akwel and Motherson consider takeover / Seven candidates register with commercial court	20.05.2020
TECHNIPLAS Another major bankruptcy in automotive industry / Former Weidmann plants in Europe unaffected for now	19.05.2020
NOVARES Automotive supplier files for insolvency / EUR 115m needed / Nearly all plants worldwide at a standstill	14.05.2020
VERITAS German automotive supplier insolvent	13.05.2020
VISTEON Q1 sales down 12.8% due to coronavirus impact / Shift to face shield production in Portugal and Brazil	12.05.2020

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