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Top News In Auto Component Maker Today - Breaking & Trending Today

Stock Radar: 80% rally in 1 year! This auto component maker likely to hit fresh record high in short term

Samvardhana Motherson Intl Ltd surged 80% with strong momentum, eyeing Rs 160-175 target. Ascending Triangle breakout, RSI at 69.5. Derivatives expert suggests support at 110. Options chain analysis indicates strong support. ....

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Japan's Nidec picks chief of automotive motor unit as new CEO, ET Auto

Nidec: With the appointment, the Kyoto-based maker of automotive components and precision motors seeks to bring to an end a long-running succession struggle as it faces heavy price competition in China s electric vehicle market. ....

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Bosch aims to cut 1,200 jobs in software division by end 2026, ET Auto

Bosch: The main reason given for the move, which sees 950 cuts in Germany alone, is the significantly slower-than-expected development of fully automated driving, Handelsblatt reported. ....

Bob Cut , Auto Component Maker , Job Cuts ,

Continental opens new headquarters at Pferdeturm in Hanover, Germany, ET Auto

The new headquarters is one of the most sustainable office buildings in Europe. The building complex provides a new working environment for around 2,400 employees in Continental’s group functions and Tyres and ContiTech group sectors, the company said. ....

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Bosch expects to cut 1,500 jobs by 2025 at two German sites, Auto News, ET Auto

"Like other companies, we have to adjust the level of employment to the order situation, structural changes in the drive sector and the market penetration of future technologies," a spokesperson for Bosch said in e-mailed comments. ....

Christoph Steitz , Bob Cut , Automotive Supplier , Auto Component Maker ,