Schaeffler said it would acquire Vitesco in October last year, aiming to increase its product line of parts for electric vehicles.

The supplier will cut 2,800 jobs by the end of the year as part of a plan to reduce head count by 10,000. It cited weakness in North America and Europe, and delays in China.

As part of its spin-off from former parent Continental in 2021, Vitesco agreed to assume all liabilities attributable to the ...

Jean-Noel Barrot said the increase in tariffs are needed “basically to create a level playing field” and applying them will ...

The action highlights fresh issues with Continental parts after BMW was forced to recall 1.5 million vehicles over an ...

The executives who are this year’s Eurostars have stood out from their rivals by exceeding expectations in a year marked by a ...

The other 10 Eurostars chosen by the editors of Automotive News Europe have achieved equally impressive results in a tumultuous year. Automotive News Europe and Capgemini Invent are proud to honor the ...