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May 2020

The forced transformation of the automotive industry, a stable source of earnings for almost a quarter of a million Romanians

In the last four months, the COVID-19 pandemic has brought industries all around the […]

Petre Barac Posted On May 8, 2020

Continental expects 2020 sales and earnings to be significantly below 2019 figures

Continental’s sales and profits declined significantly in the first quarter. The primary reason for […]

Petre Barac Posted On May 7, 2020

BorgWarner and Delphi Technologies enter into amendment to transaction agreement

BorgWarner and Delphi Technologies today announced that the companies have amended certain terms of […]

Petre Barac Posted On May 6, 2020

ACEA: 298 automobile factories operating across Europe

298 automobile assembly and engine production plants operate in Europe today, according to freshly-updated […]

Petre Barac Posted On May 6, 2020

Schaeffler revenues reach 3.2 billion Euro, down 9.2 percent in Q1

Global automotive and industrial supplier Schaeffler presented its interim report for the first three […]

Petre Barac Posted On May 6, 2020

COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery

COVID-19 is having a major impact on the economy, with retail and manufacturing activity […]

Petre Barac Posted On May 6, 2020

Intel buys transit app to help develop robotaxis

Chipmaker Intel has bought Israeli public transit app maker Moovit for about 900 million […]

Petre Barac Posted On May 5, 2020

Bosch says new 5G project develops real-time automotive communication solutions to boost safety and efficiency

Sixteen research institutions, medium-sized enterprises, and major players such as Bosch, BMW, Volkswagen or […]

Petre Barac Posted On May 5, 2020

Infineon Technologies expects sales to decrease five percent in fiscal 2020 on COVID-19 impact

German chipmaker Infineon Technologies said that it expects sales to decrease by five percent […]

Petre Barac Posted On May 5, 2020

German manufacturing output posts record contraction in April

German factory output shrank at the fastest rate on record in April and firms […]

Petre Barac Posted On May 4, 2020