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Forvia EV Shift Includes Cost-Savings Plan That Could Affect 10,000 Jobs -- Update

By David Sachs Forvia said Monday that a new restructuring plan meant to adapt to Europe's electric-vehicle transition could affect up to 10,000 jobs. The. ....

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Forvia 2023 Sales EUR27.25B

By David Sachs Forvia said Monday that a five-year restructuring plan will affect up to 10,000 jobs. The French car-supplier said the plan should generate. ....

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Bio-based plastics set to transform automotive industry

An international consortium aiming to provide renewable, cost-effective alternatives to petrochemicals commonly used in plastics, resins and composites used by the automotive industry, has received funding of nearly £600,000 in funding from Innovate UK’s 'Resource efficiency for materials and manufacturing' (REforMM) programme. Click to read more. ....

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Tesla Rival BYD Share Buybacks Fail to Lift Buffett-Backed EV Maker's Stock

The Chinese Electric Vehicle maker reiterates plans for buybacks without going into specifics. ....

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Autoparts Giant Forvia to Cut Up to 10,000 Jobs Amid Global Shift to EVs -- 3rd Update

By David Sachs Forvia, one of the world's largest auto parts suppliers, said it was reducing up to 10,000 jobs for an annual saving of about 500 million. ....

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