Browsing: Restructuring
Troubled electric bus manufacturer Ebusco has secured a €6 million equity investment from existing shareholder Rhein Holding as the Dutch…
Ebusco reduced its net loss by almost half in the first half of 2026 and recorded a positive gross margin…
Lucid Motors has delayed the launch of its new mid-size electric vehicle platform until the second half of 2027 as…
ZF Friedrichshafen has announced changes to its executive board, appointing Sebastian Schmitt to oversee its Electrified Powertrain Technologies business at…
Porsche is considering relocating production of all Cayenne models from its manufacturing facility in Bratislava, Slovakia, to its plant in…
Audi has announced that Chief Technology Officer Geoffrey Bouquot will leave the company after just over a year, with Lamborghini…
Volkswagen Group is preparing a new cost-reduction programme targeting savings of around €60 billion—roughly 20% of its cost base—by the…
STMicroelectronics forecast first-quarter revenue slightly above market expectations on Thursday, citing improving conditions in its core end markets, while cautioning…
German automotive supplier ZF has agreed with several customers to terminate a number of electrified drivetrain projects ahead of schedule,…
Volkswagen will rename its ID.4 electric SUV as the ID. Tiguan later this year, Germany’s IG Metall trade union said,…
Geely Auto’s Galaxy sub-brand said on Wednesday it will launch the V900 extended-range electric multi-purpose vehicle (MPV) on Jan. 20,…
Daimler Truck is restructuring the distribution of its Fuso brand in Europe, appointing the Emil Frey Group as the general…
Berlin’s public transport operator Berliner Verkehrsbetriebe (BVG) has temporarily taken around 70 battery-electric buses supplied by Dutch manufacturer Ebusco out…
SKion, an investment company founded by German entrepreneur Susanne Klatten, has agreed to acquire key business units from the insolvent…