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Companies Application Automotive / Transport

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
INERGY Nucourt plant to close by mid-2009	12.01.2009
POLYNORM Voestalpine plastics business acquired by Inteva	12.01.2009
EUROSTYLE Arques sells 85% of shares to management	09.01.2009

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