Continental, the German automaking parts manufacturer, intends to save over €1 billion ($1.18 billion) annually from 2023, doubling an announced savings target earlier, the company said. Over 30,000 jobs globally — …
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Continental AG has hired JP Morgan to recommend on a possible break-up, sources informed Reuters, as the car parts maker rearranges for a market focused on electric and self-driving automobiles. …
Mercedes-Benz owner Daimler and provider Robert Bosch are collaborating to develop self-driving vehicles in an alliance targeted at speeding up the production of “robo-taxis”. The pact between the world’s biggest …
- Cars
CEO Elmar Degenhart says jobs will be lost in shift to electric vehicles
by SpeedLuxby SpeedLuxThe shift to electrical vehicles will cost jobs at German automobile provider Continental, its CEO Elmar Degenhart informed a paper, however he stated a number of those jobs would be …
Reports from Autocar indicate that Bentley is slowly shifting away from being a car that is affordable and cheap. The company is now moving towards a car that be priced …
