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Markets Applications Automotive / Transport

MAGNA
Net profits up 20% to USD 225m / Poor market leads to warning of potential plant closures
08.09.2005
COLLINS & AIKMANN
Plastech bids USD 1 bn for C&A / Swift deal sought / Due diligence in the next month
25.08.2005
LEAR
Job losses and relocation eastwards / Plant closures planned in Europe and North America
14.07.2005
RECTICEL
Partner sought to supply complete car interior trim components / Potential investors identified
30.06.2005
VISTEON
Ford buys back 24 plants / Accepts major financial obligations / Completion by August
30.06.2005
PLASTICS IN AUTOMOTIVE ENGINEERING
Attendance at Mannheim congress steady / Plastics remain material of choice / Supply chain optimisation puts Tier 1 companies under pressure / OEMs want to pass on even more risks
07.04.2005
SARNA
Sales rise 4% in 2004 / Construction sector grows / Divestment of Automotive on track
07.04.2005
MAGNA
Tier 1 ready for the next consolidation round / New strategic alignment should fuel growth
24.02.2005
JOHNSON CONTROLS
Second seats plant to be built in Slovakia
10.02.2005
INERGY
Interest in fuel tank manufacturer Yapp / Talks with Chinese investment holding company
10.02.2005
AUSTRIA
Recycling jv for long-life consumer goods
13.01.2005
SARNA
Sale of automotive segment / Sarnamotive Switzerland goes to Wafa investment company
23.12.2004
CARCLO
Joint venture for control cables in India / Output to be cut in UK / Start-up in September 2005
23.12.2004
PLASTICS CONVERTERS
Polymer price hikes “cripple early recovery” / Firms under pressure to pass on extra costs
09.12.2004
PEGUFORM
Peguform sold to Cerberus / 330 jobs to go
09.12.2004
VISTEON
New Slovakian plant for auto interiors and climate control / Support for Kia and PSA
28.10.2004
POLYTEC GROUP
Integration of Findlay Europa in last quarter of 2004 / Plastic components for automotive uses
30.09.2004
KEY PLASTICS
Deal with Kendrion on automotive plastics / Further step on the road to global supplier
30.09.2004
SARNA
Automotive segment: Pooling of European and US businesses / Change of management
16.09.2004
KEY AUTOMOTIVE
New EUR 15m plant in Slovakia / Plastic components to PSA / Turnaround manager
02.09.2004
AUTOMOTIVE SUPPLY
Peguform sale to Cerberus is definite / US investor also acquiring GDX Automotive
02.09.2004
FAURECIA
Earnings up 25% in H1 2004 despite flat auto economy / New plants in three countries
19.08.2004
PEGUFORM UK
Declining business forces closure / Troubles within the Venture group exacerbate problems
08.07.2004
JOHNSON CONTROLS
Investment in UK plant for foamed automotive parts / Start-up is scheduled for September
08.07.2004
AUTOMOTIVE PLASTICS
Technical, strategic issues spotlighted at German conference / New developments
13.05.2004
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