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Companies
Application
Automotive / Transport
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
LEONI
Romanian plant closure hits 230 jobs
26.01.2009
GRAMMER
OEM supplier applies for short-time working at five sites / Three-day week once a month
23.01.2009
WOCO
Automotive supplier cuts working hours and pay by 20% / Agreement will run to June
19.01.2009
AUTOMOTIVE
German and US alliances target lithium ion battery technology / Efforts to reduce dependence on Asian producers
19.01.2009
THOMPSON PLASTICS
Three group companies in administration / Two have closed, another is for sale / Two further companies operating normally
16.01.2009
VISIOCORP
Indian company Motherson Sumi negotiating purchase of rear view mirror manufacturer / Supervisory board describes prospective buyer as the "ideal strategic partner"
12.01.2009
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