Daimler

Weakening economy causes mergers in logistics sector to slump / Maersk relies on large number of methanol carriers / Freight rates stagnate

Lighting division created after acquisition of operations from Varroc, Osram / Q1 sales fall due to problems in Europe

Acquisition of injection moulder Karl Etzel / More business planned with German automotive OEMs

Reliability in short supply: Trust wanes among industry players / Dearth of raw materials burdens 2021 car production / Situation to first improve as late as 2024

Electromobility promises suppliers more added value / A material shift when the engine compartment cools? / Battery shortage could be test for Europe / McKinsey report: Automotive software market to grow by 250% by 2030

Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable

European and US vehicle production shutting down due to Covid-19 / Car giants dealing with supply disruptions and plummeting demand

Global stagnation / “The road will be steep, stony and arduous” / New boss of German association receives support from the industry / Favourite cities for IAA to be named by end of January

Lighting systems specialist expands its plants in Mexico and Slovakia / Total investment of EUR 222m

New USMCA trade deal signed between US, Mexico and Canada / NAFTA replacement includes major changes for carmakers and suppliers

Plastic Omnium subsidiary builds plant for front-end modules in Germany / Fine dust filters developed with Mann+Hummel

Automotive division opens plant in Slovakia / Production for own group network

Global car sales down 5% in 2019 / Industry faces consolidation and job cuts / Electric vehicles need one third fewer employees / Plastic content in cars above 30% for first time

Fiat Chrysler's plan to merge with Renault Nissan on the table

Modernised interior lighting plant in Germany goes onstream / Roof linings business in trouble

Global prospects for 2019 at best subdued / Job losses and plant closures expected / European manufacturers face big decisions

PP compounding plant starts up in US / Automotive OEMs targeted

Sales slump puts sector under pressure in Germany and Europe / Weakness especially apparent with SCR tanks for diesel vehicles / Situation could mean a breather for plastics processors / Brexit and e-car issues

Canadian firm buys Italian car lighting manufacturer Olsa / Joint ventures for Chinese e-cars planned

Expansion of Romanian site / JV with Italian hose manufacturer Errecinque

Car components supplier now called Akwel / Targeted turnover of EUR 1.2 bn

Chinese company to take over German auto parts supplier / Bid to acquire outstanding shares / Extensive employee commitments

The combustion engine lives on – for the time being / More upheaval in auto components supply sector / Automotive engineering plastics conference in Germany delivers fresh approaches for car interior / More requirements, more competition, more plastic

Three new US plants planned / EUR 40m investment

Partner Ningbo Jifeng now holds blocking minority / Will it soon also have seats on the management committees?