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
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
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
Mar 23, 2026
JTEKT lowers net profit forecast due to European restructuring costs Business pr...
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
Mar 16, 2026
Surface Transforms begins restructuring consultation after losing a key General ...
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
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
Mar 09, 2026
Hyundai-backed Supernal cut about 80% of its workforce as part of a strategic re...
Bajaj Auto KTM AG loan repayment ends €450 million facility after refinancing deal
Mar 06, 2026
KTM AG cleared the €450 million loan previously extended by Bajaj Auto Interna...
Aptiv Versigent Spin-Off Creates New Public Company for Electrical Distribution Systems
Mar 06, 2026
Aptiv will separate its Electrical Distribution Systems business into a new publ...
norsk-hydro-extrusion-plant-closure plan targets Lucé facility in France
Mar 04, 2026
Norsk Hydro plans to close its Lucé extrusion plant in France affecting about 8...
Nidec accounting misconduct investigation triggers executive resignations and impairment loss
Mar 04, 2026
Third-party investigators concluded long-term accounting irregularities occurred...
JTEKT European Automotive Business Divestiture Under Medium-term Management Plan
Mar 03, 2026
JTEKT European automotive business divestiture involves seven subsidiaries acros...
Subaru Brazil Exit Following Proconve L8 Emissions Impact
Mar 03, 2026
Subaru Brazil exit ends new vehicle sales due to Proconve L8 emissions complianc...
LISI Group Industrial Reorganization in France Amid Automotive Market Slowdown
Feb 27, 2026
LISI Group industrial reorganization includes closure of the Puiseux-Pontoise si...
SKF Vertevo Nasdaq Stockholm Listing for Automotive Business Spin-Off
Feb 27, 2026
SKF Vertevo is the new name for SKF’s Automotive business as it prepares to op...
ElringKlinger AG Divests hofer powertrain products UK Ltd to Focus on Components Business
Feb 26, 2026
ElringKlinger AG divested hofer powertrain products UK Ltd in 2025 to exit the e...
Aston Martin restructuring plan targets 20% workforce reduction and GBP 40 million annual savings
Feb 26, 2026
Aston Martin restructuring plan targets up to 20% workforce reduction and GBP 40...
FORVIA SE Interiors Business Group Divestiture to Reduce Net Debt by EUR 1 Billion
Feb 26, 2026
FORVIA SE is in advanced negotiations to divest its Interiors Business Group. T...
ZF India Joint Ventures Strategy to Double Revenue in Growth Market
Feb 23, 2026
ZF is accelerating ZF India joint ventures to double revenue and strengthen its ...
Volkswagen Union Contract in Chattanooga Secures Wage Hikes and Job Protections
Feb 21, 2026
Volkswagen union contract delivers 20% wage increase and reduced healthcare prem...
Ashok Leyland Voluntarily Liquidates West Africa Subsidiary
Feb 20, 2026
Ashok Leyland West Africa SA has been voluntarily liquidated and ceased to be a ...