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Continental to Spin Off Automotive, Sell OESL by 2025
By Óscar Goytia - Thu, 12/19/2024 - 16:00
Continental plans to spin off its Automotive sector and sell its OESL unit under ContiTech, with completion expected by the end of 2025

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Bosch to Lay Off 10,000 in Germany Over Slow EV Transition
By Reneé Lerma - Thu, 12/12/2024 - 17:47
Bosch plans to cut up to 10,000 jobs in Germany to address weak vehicle demand, slow EV transition, and competition from Chinese manufacturers

Volkswagen Axes Job Guarantees at Six German Factories
By MBN Staff - Tue, 09/10/2024 - 14:12
Volkswagen will end job guarantees at six German plants, potentially leading to layoffs beginning in 2025.