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Continental to reduce R&D staffing in automotive division, Auto News, ET Auto

The company also plans to reduce the share of expenditure on research and development in the sector to 9% by 2028, it added, although absolute expenditure will increase in line with sales growth. Continental had warned last November that it would cut thousands of jobs in its automotive division worldwide as part of a plan to save 400 million euros (USD 428.32 million) a year from 2025.
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Indian Automobile Trade Fair is scheduled from 24th Dec at Pune

‘AUTO” series of automotive exhibitions are held in India, once every year. This is the largest automotive exhibition in the region visited by over 50,000 people from all over western India. The 15th event in the series – AUTO’15 EXPO Indian Automobile Trade Fair is scheduled from 24th to 27th Dec. 2015 at Golibar Maidan […]
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