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FRENCH AUTOMOTIVE SUPPLIER
Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...- JSW Motors ties up with French firm Dassault SystAmes for digital driveIn an exciting development, JSW Motors is collaborating with Dassault SystAmes, a leading French firm, to innovate its new line of electric...
- France to review Nissan Europe's supplier payments, letter showsThe French government is scrutinizing Nissan's European business for potential late payments to suppliers, requesting detailed financial re...
- Piyush Goyal discusses opportunities in Indian shipping sector with SingaporeCommerce and Industry Minister Piyush Goyal met with Singapore's Deputy Prime Minister Gan Kim Yong in Paris to discuss strengthening econo...
- Wafer supplier Soitec withdraws mid-term, year-ahead guidance; changes CFOFrench semiconductor materials supplier Soitec withdrew its fiscal year and medium-term forecasts due to ongoing market uncertainties and a...
- Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
- European shares slip on auto pressure, set for weekly lossGerman automaker Mercedes-Benz fell 3.7% after third-quarter earnings in core car division massively missed estimates, while Valeo shed 7.5...
- Think making cars is hard? Try being a supplierMajor component manufacturers such as privately owned Robert Bosch GmbH, ZF Friedrichshafen AG and stock-market listed Continental AG have ...
- Renault, Geely create joint venture for hybrid, combustion enginesRenault and Geely's joint venture, HORSE Powertrain, aims to develop combustion and hybrid engines, bolstering competitiveness and addressi...
- LTTS wins $48 million deal with European auto parts supplier ForviaAs part of this five-year partnership, approximately 300 engineers from Forvia’s Augsburg (Germany) and Bangalore (India) sites, have trans...
- France to provide €2.9 billion in aid for new STMicro/GlobalFoundries factoryThe 2.9 billion euros are part of the 5.5 billion euros package France has set aside for its investments in the microchip sector by 2030.
- Mahindra CIE shares climb 5% a day after block dealMahindra CIE is an automotive components supplier, specialised in supplying components and subassemblies for the automotive market. The com...
- M&M offloads 6.05% equity in Mahindra CIE Automotive via block dealUnder the block deal, French multinational bank Societe Generale has bought about 64 lakh shares, according to the data available with the ...
- TAFE acquires interior systems biz of French automotive supplierThe integration of plastic business of TAFE with interior systems of business of the French company offers synergistic benefits to customer...
- Weak China data halts winning streak for European stocksOil stocks and miners fell about 1.5% each, as commodity prices took a hit after Chinese data raised concerns about faltering demand in the...
- Sumit Sawhney, Renault India MD moves to global roleAccording to people in the know, Sawhney has been the longest serving MD of a leading multinational in India.
- Motherson’s Reydel buy to sustain investor interestReydel Automotive has a revenue of $1.05 billion and EBITDA margin of 6.5 per cent.
- Motor racing-BP to fuel McLaren F1 team after ExxonMobil splitMOTOR-F1-MCLAREN/FUEL:Motor racing-BP to fuel McLaren F1 team after ExxonMobil split
- Geometric buys German software company for Rs 79 croreMumbai-based Geometric said 3Cap is valued at Euro 11 mn (Rs 79 cr) of which Euro 7.5 mn (Rs 54 cr) will be paid up front.
- Genpact inks 3-yr pact with Federal-MogulBPO major Genpact today said it has signed a three-year deal with automotive supplier Federal-Mogul Corp to provide help desk services.
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