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Companies Application Automotive / Transport

FS FEHRER Automotive foams jv established in Hungary	12.03.2009
SORA COMPOSITES Family firm acquires insolvent Ranger France / 270 jobs to be saved	11.03.2009
PLASTAL German holding files for insolvency / Fate of subsidiary Menzolit, French and Spanish companies unclear	09.03.2009
POLYNORM Voestalpine fails to sell plastics operations / Deal with Inteva falls through due to automotive crisis	09.03.2009
PLASTAL Swedish holding files for insolvency / Some of Dynamit Nobel businesses likely to be affected	06.03.2009
STANKIEWICZ Company will continue to operating during insolvency proceedings / Agreement with OEMs / Job cuts inevitable	06.03.2009
KARL KRUMPHOLZ Well filled order books for 2009 / Planning further investment / Creating new jobs	04.03.2009
GRAMMER Downturn hits seat manufacturer following a stable performance in 2008 / No dividend payment	03.03.2009
THOMPSON TECHNIK Two former businesses bought out of administration	26.02.2009
GEIGER TECHNOLOGIES Restructuring of R&D activities / 157 jobs to be lost / Concrete talks with buyers	25.02.2009
MERIDIAN SMC production facility to be built in Mexico	23.02.2009
KEY PLASTICS Reorganization ends Chapter 11 creditor protection	23.02.2009
CALSONIC KANSEI Jobs axed at two UK plants / Action said needed to protect long-term manufacturing viability	19.02.2009
FAURECIA Net loss exceeds EUR 500m in 2008 / More cost-cutting in store / Lawsuit filed against Chrysler in the US	18.02.2009
THOMPSON TECHNIK All five group companies now in administration / No money to pay staff	18.02.2009
CADENCE INNOVATION Magna subsidiary Decoma acquires all four European plants / US company close to being liquidated?	13.02.2009
POLYTEC Intex could axe 300 jobs / Short-time working for two months / OEM orders falling significantly	10.02.2009
GEIGER TECHNOLOGIES Failed payments force auto supplier into administration	06.02.2009
SCHAEFFLER / CONTINENTAL German government rejects bailout / Fate of merged OEM suppliers in lenders' hands / Reorganisation plans	02.02.2009
FIAT Italian auto maker acquires 35% of Chrysler / Question over US government USD 3 bn loan	02.02.2009
VISTEON Automotive supplier considering insolvency filing	30.01.2009
PLASTIC OMNIUM Production expected to fall 50% in first half of 2009 / Losses, job cuts and short-time working	29.01.2009
WEIDMANN / WICOR Automotive components activities consolidated in Switzerland / Growth in medical technology	28.01.2009
BOREALIS “Mobility” unit established to serve auto sector	28.01.2009
ELRINGKLINGER Cost-cutting measures introduced for 2009 / Short-time working from February / Drastic cut in capital expenditures / Economic recovery not expected before mid-2009	27.01.2009

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