Browsing: Corporate Restructuring
Webasto is in advanced negotiations with two strategic investors over the sale of its global high-voltage battery systems business, with…
LiveWire has warned that substantial doubts remain about its ability to continue operating as a going concern, prompting the electric…
Bosch plans to restructure four business divisions into independent, wholly owned subsidiaries from August 1, 2027, as the German technology…
Uber’s global head of autonomous mobility and delivery, Sarfraz Maredia, will leave the company on November 16, according to Bloomberg.…
SK Innovation plans to merge with subsidiary SK IE Technology (SKIET), bringing its lithium-ion battery separator business back under the…
Lucid Motors has denied reports that it is considering filing for Chapter 11 bankruptcy protection, stating that the company has…
BYD is preparing to make most of its automotive brands responsible for their own profit and loss performance, marking a…
Rivian has confirmed another round of layoffs affecting several hundred employees as the electric vehicle manufacturer continues efforts to reduce…
ZF has decided to continue producing electric motors and inverters internally following a strategic review of its Electrified Powertrain Technologies…
Struggling Dutch electric bus manufacturer Ebusco is in discussions to sell a controlling stake in its core bus operations as…
Volkswagen Group plans to eliminate around 50,000 jobs in Germany as part of a broader restructuring effort aimed at improving…
Audi has announced that Chief Technology Officer Geoffrey Bouquot will leave the company after just over a year, with Lamborghini…
Volkswagen Group said it is creating a new Group Board of Management for its four high-volume brands — VW Passenger…