(Bloomberg) — Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German carmakers ripples through their supply chains. About 2,800 of ...

The German automotive industry is witnessing some pressing times as experts fear a bankruptcy wave within the automotive parts suppliers' segment. Avir Guss, a leading auto parts manufacturer, ...

German parts supplier Continental plans to cut a further 3,000 research and development jobs in its automotive division by the end of 2026, with more than half of the cuts to hit plants in Germany.

It seems like the whole world is rushing to find fuel-efficient solutions and cut down on emissions. Europe is introducing more low-emission zones. France planning to take that goal further with ...

Quite a few older European cars are purchased in rust-free parts of the United States and then shipped back to the home continent, and this process tends to intensify when the Euro gets stronger ...

Paccar Parts has begun construction on a new parts distribution center (PDC) in the city of Massbach, Bayern, Germany. According to Paccar, the Massbach PDC represents an investment of $91.5 million.

German auto parts manufacturer Schaeffler said it would cut thousands of jobs across Europe as part of a restructuring program aimed at boosting its competitiveness in a challenging market. The ...

ElringKlinger, a global manufacturer and supplier of auto parts, announced plans to expand its operations to Indiana, establishing a facility in Allen County and creating up to 150 new jobs by 2022.

German machine parts manufacturer Zama group is putting up an 11,000-square meter facility in Batangas, bolstering its capacity to produce materials for small off-road engines. The German-Philippine ...