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April 2020

Delphi Technologies takes steps to conserve cash in the COVID-19 context

Delphi Technologies has been taking significant steps to conserve cash given the immediate impact […]

Petre Barac Posted On April 6, 2020

Autoliv cancels 2020 forecast, suspends dividend

Sweden’s Autoliv, the world’s biggest airbag maker, withdrew its 2020 forecast due to the […]

Petre Barac Posted On April 3, 2020

Ford extends suspension of all European plants until ‘at least May 4’

Ford has announced that it will extend production suspension in Europe until “at least […]

Petre Barac Posted On April 3, 2020

Daimler signs agreement for 12 billion Euro credit line

Daimler said on Thursday it has signed an agreement for a 12 billion euro […]

Petre Barac Posted On April 3, 2020

Pirelli says no plans for Brembo merger

Pirelli CEO Marco Tronchetti Provera moved on Wednesday to bolster his influence over the […]

Petre Barac Posted On April 3, 2020

Veoneer and Volvo to split software joint venture

Auto tech supplier Veoneer and Volvo will split their jointly owned software venture Zenuity […]

Petre Barac Posted On April 2, 2020

Dacia extends suspension of Mioveni production

Dacia announced that it will extend the temporary closure of the Mioveni plant, after […]

Petre Barac Posted On April 2, 2020

Romania’s automotive industry loses 124 million Euro per day for each shutdown day

Romania’s automotive industry, the engine of the national economy, loses about 124 million Euro […]

Petre Barac Posted On April 2, 2020

Volkswagen extends suspension of German production

Volkswagen is extending the suspension of production at its German plants for a further […]

Petre Barac Posted On April 1, 2020

Continental cancels 2020 outlook as coronavirus shuts 40 percent of production locations

Continental is withdrawing its outlook for the current fiscal year due to the uncertainty […]

Petre Barac Posted On April 1, 2020