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The difficult car market leaves deep traces in the supplier sector, with a large failure round plaguing the companies involved. Big names like seat maker Recaro and wheel forger BBS filed for bankruptcy this week, while French supplier Valeo and German counterpart ZF are facing heavy restructuring strategies. Bracing for the new automotive era comes at the expense of supplier’s survival. Continue reading at newmobility.news.
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Demand for AI chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor...
Demand for AI chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor...
Swedish battery manufacturer Northvolt, the flagship start-up in Europe’s quest to catch up with Asian and American battery giants, is drastically...
TORONTO — A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy.
SAS restructured $2B debt, got $1.2B investment, emerged from bankruptcy.
Volt Mobility, a commercial electric vehicle leasing company based in the United Arab Emirates (UAE), has ordered 3,000 Class 1 and Class 3 EV cargo...