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Companies Application Automotive / Transport

GRAMMER
Employees protest against carve-out plans / Proposal to split company into separate legal entities / More job cuts?
27.11.2008
GENERAL MOTORS
Chapter 11 filing no longer a remote possibility / Board of directors may be having second thoughts
26.11.2008
PEGUFORM
Short-time working at Bötzingen, but no redundancies / Urmann new managing director
26.11.2008
GEIGER TECHNOLOGIES
Application filed for insolvency / Sintex reported to have missed EUR 3.2m payments
19.11.2008
LEONI
Acquisition of vehicle wiring systems business in Russia / First order from Kamaz
19.11.2008
AUTOMOTIVE
First German supplier insolvency averted for now / Automakers grouping criticises bank policies / Short-time working and extended leave
18.11.2008
VISIOCORP
Considering strategic options / New working hours to generate savings
18.11.2008
POLYTEC
Profits slump in Q3 by nearly 90% / Job cuts almost certain
11.11.2008
MECAPLAST
Orders fall 30% as vehicle demand slumps
11.11.2008
RANGER
French injection moulding company files for protection from creditors
03.11.2008
EUROSTYLE
Auto supplier seeks creditor protection for French subsidiaries / Two months allotted for rescue plan
28.10.2008
POLYTEC
Acquisition of Peguform completed / Combined group sales will exceed EUR 1 bn in 2008
28.10.2008
ELRINGKLINGER
Outlook for 2008 downgraded / Double-digit slip in earnings / Technology pipeline encouraging
27.10.2008
RÖCHLING
Manufacturing and sales consolidation in US / Expansion plans for hardboard production
24.10.2008
PLASTIC OMNIUM
German subsidiary adds Auto Components to name
24.10.2008
KAUTEX TEXTRON
Restructuring for Bonn-based plastics converter
23.10.2008
BASF
Third Asian “Cellasto” plant to open in Shanghai
22.10.2008
RIETER
Two automotive plants to close in Barcelona area
20.10.2008
MANN+HUMMEL
New representative offices in Southeast Asia / Sale of US subsidiary Unadyn to Piovan
14.10.2008
SABIC
Stamax LGF PP now available worldwide / Plans to expand production
10.10.2008
VALEO
German rear lighting systems production to be shifted to France and Poland / Increasing competition
17.09.2008
IAC
Job losses in Sweden / Plant closures threatened as economy weakens / Takeover of Visteon site in UK
12.09.2008
RIETER
German plant to close / Some 75 jobs affected / Restructuring, higher costs hit H1 2008 earnings
11.09.2008
REHAU
Modernisation and expansion of the Viechtach site / Moulded joints for pipes / Pilot plant for new coating process / Improved logistics, energy management and recycling
10.09.2008
JOHNSON CONTROLS
Extensive restructuring in North America, western Europe / Pretax charge of USD 400-500m in Q4 2008
09.09.2008
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