Nippon Electric Glass to Exit U.S. Glass Fiber Production and Sell Lexington Plant
Nippon Electric Glass to Exit U.S. Glass Fiber Production and Sell Lexington Plant
Jul 14, 2026
Nippon Electric Glass U.S. glass fiber production ends soon. Business restructur...
Nisshinbo Holdings Molded Products Business Transfer to Endeavour United Announced
Nisshinbo Holdings Molded Products Business Transfer to Endeavour United Announced
Jul 07, 2026
Nisshinbo Holdings molded products business transfer advances portfolio transfor...
Lucid Group Workforce Reduction Targets Cost Savings Amid Production Realignment
Lucid Group Workforce Reduction Targets Cost Savings Amid Production Realignment
Jul 06, 2026
Lucid Group Workforce Reduction aims to generate annualized savings of USD 158 m...
FORVIA Transfers Augsburg Site to GDELS as Part of IGNITE Transformation Strategy
FORVIA Transfers Augsburg Site to GDELS as Part of IGNITE Transformation Strategy
Jun 19, 2026
FORVIA will transfer its Augsburg site and around 300 employees to GDELS subject...
Volkswagen Group Future Plan Targets Growth, Efficiency and Higher Profitability by 2030
Volkswagen Group Future Plan Targets Growth, Efficiency and Higher Profitability by 2030
Jun 19, 2026
Volkswagen Group targets annual savings exceeding EUR 6 billion by 2030 through ...
Nissan Workforce Reduction Plan Approved as Employees Back 2026 Transition Measures
Nissan Workforce Reduction Plan Approved as Employees Back 2026 Transition Measures
Jun 15, 2026
Nissan employees approved a workforce reduction plan affecting 195 positions in ...
thyssenkrupp Restructures Automotive Technology Operations in Hungary
thyssenkrupp Restructures Automotive Technology Operations in Hungary
Jun 11, 2026
thyssenkrupp is restructuring its automotive activities in Hungary to adapt to e...
Rheinmetall Power Systems Divestment to AEQUITA Strengthens Defence Focus
Rheinmetall Power Systems Divestment to AEQUITA Strengthens Defence Focus
Jun 06, 2026
Rheinmetall will sell its Power Systems division to AEQUITA for EUR 350 million....
Suprajit Engineering Restructures Global Operations and Expands EV Component Business
Suprajit Engineering Restructures Global Operations and Expands EV Component Business
Jun 03, 2026
Suprajit Engineering completed major global restructuring to improve operational...
Saint-Gobain Completes HKO and Deltec Divestment to DUBAG Group
Saint-Gobain Completes HKO and Deltec Divestment to DUBAG Group
Jun 03, 2026
Saint-Gobain completed the sale of HKO and Deltec to a fund managed by DUBAG Gro...
JTEKT Advances European Restructuring Through Transfer of Seven Automotive Subsidiaries
JTEKT Advances European Restructuring Through Transfer of Seven Automotive Subsidiaries
May 29, 2026
JTEKT will transfer seven automotive component subsidiaries to DUBAG Group subje...
Kongsberg Automotive Consolidates China Operations Into Wuxi Hub for Long-Term Growth
Kongsberg Automotive Consolidates China Operations Into Wuxi Hub for Long-Term Growth
May 28, 2026
Kongsberg Automotive will centralize China operations at its Wuxi manufacturing ...
Stellantis Italy Production and Job Cuts Deepen Amid Market Share Decline
Stellantis Italy Production and Job Cuts Deepen Amid Market Share Decline
May 22, 2026
Stellantis Italy recorded major production declines and workforce reductions acr...
Nissan Yokohama Plant Downsizing Report Draws Response From Kanagawa Governor
Nissan Yokohama Plant Downsizing Report Draws Response From Kanagawa Governor
May 21, 2026
Kanagawa Governor stated Nissan has not finalized any Yokohama Plant downsizing ...
thyssenkrupp to Close Indiana Steering Components Plant by 2027
thyssenkrupp to Close Indiana Steering Components Plant by 2027
May 19, 2026
thyssenkrupp plans to shut its Terre Haute production facility by March 2027. Ha...
VinFast Restructures Vietnam Operations With USD 530 Million Asset Divestment
VinFast Restructures Vietnam Operations With USD 530 Million Asset Divestment
May 15, 2026
VinFast plans a USD 530 million divestment of VFTP manufacturing operations in V...
Nissan Targets Return to Profit by FY2027 Through Major Global Restructuring
Nissan Targets Return to Profit by FY2027 Through Major Global Restructuring
May 14, 2026
Nissan plans to return to net profitability by FY2027 through aggressive restruc...
Tata Motors Announces CHRO Transition as DP Nambiar Takes Over HR Leadership
Tata Motors Announces CHRO Transition as DP Nambiar Takes Over HR Leadership
May 14, 2026
Tata Motors has appointed DP Nambiar as the new CHRO effective May 29. Sitaram K...
Thyssenkrupp Advances ACES 2030 Strategy With Automotive Portfolio Realignment
Thyssenkrupp Advances ACES 2030 Strategy With Automotive Portfolio Realignment
May 13, 2026
thyssenkrupp continues restructuring operations under its ACES 2030 transformati...
Continental ContiTech Workforce Reduction Plan Targets EUR 150 Million Savings by 2028
Continental ContiTech Workforce Reduction Plan Targets EUR 150 Million Savings by 2028
May 11, 2026
Continental ContiTech targets EUR 150 million annual savings through global work...
Sono Group Completes Sono Motors Transfer to Advance Bitcoin Treasury Strategy
Sono Group Completes Sono Motors Transfer to Advance Bitcoin Treasury Strategy
May 11, 2026
Sono Group finalized the transfer of Sono Motors GmbH to management-controlled e...
Porsche Restructuring to Impact Over 500 Employees Across Germany and Croatia
Porsche Restructuring to Impact Over 500 Employees Across Germany and Croatia
May 11, 2026
Porsche plans to close three subsidiaries as part of its strategic restructuring...
Lumax Auto Technologies Exits Lumax Jopp Allied Technologies Joint Venture
Lumax Auto Technologies Exits Lumax Jopp Allied Technologies Joint Venture
May 09, 2026
Lumax Auto Technologies will divest its 50% stake in Lumax Jopp Allied Technolog...
Autoliv to Shut Down Turkiye Manufacturing Operations Amid EMEA Capacity Realignment
Autoliv to Shut Down Turkiye Manufacturing Operations Amid EMEA Capacity Realignment
May 09, 2026
Autoliv plans to close its manufacturing operations in Turkiye by the first half...
Bharat Forge Reassesses EV Strategy After ₹450 Crore KPTL Impairment
Bharat Forge Reassesses EV Strategy After ₹450 Crore KPTL Impairment
May 08, 2026
Bharat Forge booked a ₹450 crore impairment on KPTL’s e-mobility division am...
Ficosa Ownership Restructuring Strengthens Strategic Focus and Product Expansion
Ficosa Ownership Restructuring Strengthens Strategic Focus and Product Expansion
May 07, 2026
Ficosa has returned to full founding family ownership after Javier Pujol repurch...
Honda Ontario EV Project Shelved as Hybrid Strategy Gains Priority in North America
Honda Ontario EV Project Shelved as Hybrid Strategy Gains Priority in North America
May 07, 2026
Honda has discontinued its planned CAD 15 billion EV and battery manufacturing h...
Sumitomo Corporation Madagascar Nickel Project Exit Triggers JPY 70 Billion Loss
Sumitomo Corporation Madagascar Nickel Project Exit Triggers JPY 70 Billion Loss
May 07, 2026
Sumitomo Corporation will exit the Ambatovy nickel project in Madagascar after p...
Nissan Spain Workforce Reduction Plan Catalonia Plants Negotiation Update
Nissan Spain Workforce Reduction Plan Catalonia Plants Negotiation Update
Apr 28, 2026
Nissan Spain has initiated a workforce reduction plan affecting multiple facilit...
Panasonic Holdings Exits Automotive Device Business After Ficosa Stake Sale
Panasonic Holdings Exits Automotive Device Business After Ficosa Stake Sale
Apr 21, 2026
Panasonic Holdings has fully exited its automotive device business after selling...
Samvardhana Motherson Restructures Subsidiaries with GIE Dissolution and SMIA Merger
Samvardhana Motherson Restructures Subsidiaries with GIE Dissolution and SMIA Merger
Apr 17, 2026
Samvardhana Motherson dissolved an inactive French subsidiary to streamline oper...
Samvardhana Motherson International Discontinues GIE Groupe AD Operations
Samvardhana Motherson International Discontinues GIE Groupe AD Operations
Apr 16, 2026
Samvardhana Motherson International dissolved GIE Groupe AD due to zero business...
Magna International divests lighting and rooftop systems business in 2026 restructuring move
Magna International divests lighting and rooftop systems business in 2026 restructuring move
Apr 10, 2026
Magna is divesting its lighting and rooftop systems businesses through three glo...
Bollinger Motors assets reacquired by founder Robert Bollinger after Mullen takeover
Bollinger Motors assets reacquired by founder Robert Bollinger after Mullen takeover
Apr 01, 2026
Robert Bollinger is reclaiming key Bollinger Motors assets after losing control ...
Carbon Revolution voluntary administration Australia: restructuring plan targets Q2 2026 revival
Carbon Revolution voluntary administration Australia: restructuring plan targets Q2 2026 revival
Mar 26, 2026
Carbon Revolution initiates voluntary administration for its Australian subsidia...
Nippon Sheet Glass Privatization Plan Amid Financial Restructuring
Mar 24, 2026
Nippon Sheet Glass is considering going private with JPY 300 billion financial b...
JTEKT Corporation net profit forecast cut amid European restructuring
JTEKT Corporation net profit forecast cut amid European restructuring
Mar 23, 2026
JTEKT lowers net profit forecast due to European restructuring costs Business pr...
AUMOVIO Financial Performance 2025 EBIT Growth and Strategic Outlook
AUMOVIO Financial Performance 2025 EBIT Growth and Strategic Outlook
Mar 20, 2026
AUMOVIO delivered strong EBIT growth despite declining sales in 2025. Restructur...
Surface Transforms Cost Rationalisation After GM Contract Loss
Surface Transforms Cost Rationalisation After GM Contract Loss
Mar 16, 2026
Surface Transforms begins restructuring consultation after losing a key General ...
Hero Electric liquidation ordered by NCLT after failed insolvency resolution
Hero Electric liquidation ordered by NCLT after failed insolvency resolution
Mar 13, 2026
NCLT ordered liquidation of Hero Electric after creditors failed to approve a re...
Elkem ASA Corporate Restructuring Targets NOK 1.9 Billion Cost and Cash Improvements
Elkem ASA Corporate Restructuring Targets NOK 1.9 Billion Cost and Cash Improvements
Mar 13, 2026
Elkem announced restructuring measures targeting NOK 1.9 billion in financial im...
Honda 0 Series EV Program Cancellation Signals Major Strategic Shift
Mar 13, 2026
Honda halted development of multiple 0 Series EV models due to financial pressur...
Volkswagen job cuts plan targets 50,000 roles in Germany by 2030
Mar 12, 2026
Volkswagen plans to cut about 50,000 jobs in Germany by 2030 to reduce costs and...
Hero Electric Liquidation Process Triggered After Creditor Deadlock at NCLT
Mar 12, 2026
Creditors failed to reach the required 66 percent majority, forcing liquidation ...
Supernal eVTOL Program Faces Major Layoffs as Hyundai Reassesses Air Mobility Strategy
Supernal eVTOL Program Faces Major Layoffs as Hyundai Reassesses Air Mobility Strategy
Mar 09, 2026
Hyundai-backed Supernal cut about 80% of its workforce as part of a strategic re...