Decathlon releases new Van Rysel E-EDR AF 12-speed e-bike: Decathlon has launched a new Van Rysel E-EDR AF SRAM Apex electric road bike in Europe ...
notebookcheck.net/1427389.html

Trade fair brings young people and businesses together in Vöcklabruck: VÖCKLABRUCK. Numerous regional companies and institutions presented themselves at the ...
tips.at/nachrichten/voecklabruck/land-leute/737048-hausmesse-bringt-jugendliche-und-unternehmen-in-voecklabruck-zusammen
Mahle CEO on the truck market competition: "Battle of the Giants": European and Chinese manufacturers are facing off in the electric truck market ...
op-online.de/wirtschaft/mahle-chef-zum-wettbewerb-bei-lkw-kampf-der-giganten-zr-94500628.html

Mahle: “PV system would secure the site”: Umwidmungsantrag des Autozulieferers seit rund 15 Monaten in Bearbeitung. PV-Anlage würde 25 Prozent des Strombedarfs ...
kleinezeitung.at/artikel/41270923/mahle-pv-anlage-wuerde-den-standort-absichern
Paid articlePaywallAutomotive suppliers: Banks are cutting off funding to companies: Due to cost-cutting measures by Volkswagen, BMW, and Mercedes, the transformation is becoming ...
wiwo.de/unternehmen/auto/automobilzulieferer-banken-drehen-firmen-den-geldhahn-zu/100244026.html

Stuttgart-based supplier: How Mahle is handling the hot-button issue of working from home
stuttgarter-nachrichten.de/wirtschaft/zulieferer-aus-stuttgart-wie-mahle-mit-dem-grossen-reizthema-homeoffice-umgeht-79330967.html

Paid articlePaywallClassic choice of materials: Nimble e-bike features a Mahle hub motor: A new, sporty e-bike pairs modern tech with traditional frame materials ...
notebookcheck.net/Classic-choice-of-materials-Nimble-e-bike-features-a-Mahle-hub-motor.1357608.0.html

BMW, Porsche, Mercedes: How to get a high severance package: Many companies are enticing employees with severance packages. But those who negotiate correctly can ...
sueddeutsche.de/wirtschaft/abfindung-bmw-porsche-aushandeln-tipps-li.3523365

More trouble at the automotive supplier Mahle in Neustadt: This time it's about agreed-upon severance payments.
mittelbayerische.de/lokales/landkreis-kelheim/nach-sozialplan-unternehmen-weigert-sich-vereinbarte-abfindungen-umzusetzen-21629654

Paid articlePaywall“Almost clueless”: The situation is becoming increasingly critical – | Automotive guru calls on Cem Özdemir
schwaebische.de/wirtschaft/fast-planlos-lage-wird-immer-brenzliger-autopapst-fordert-cem-ozdemir-4692544

Like during the Corona pandemic: Transfer companies are experiencing a renaissance in Bavaria
sueddeutsche.de/bayern/transfergesellschaft-bayern-wirtschaft-mahle-ig-metall-agentur-fuer-arbeit-li.3496323

Bavaria: Aiwanger calls Mahle plant closure “a declaration of bankruptcy for federal policy”
welt.de/wirtschaft/article6a1afa9ad70f69bc713db567/bayern-aiwanger-nennt-werksschliessung-von-mahle-offenbarungseid-fuer-die-bundespolitik.html
Plant closure - | Mahle plant: Severance packages for employees won through strike
stuttgarter-nachrichten.de/inhalt.standortschliessung-mahle-werk-abfindungen-fuer-belegschaft-erstreikt.85c30287-73a6-496b-a51f-f53662ed3a9d.html

Automotive supplier - | IG Metall halts production at Mahle plant: An indefinite strike is intended to prevent the closure of the Mahle plant in Neustadt an der ...
stuttgarter-nachrichten.de/inhalt.automobilzulieferer-ig-metall-legt-produktion-in-mahle-werk-still.232c1bde-fda1-4f6c-9b95-5b2bacc81b4f.html

Key FactsIG Metall Halts Production at Mahle Neustadt Plant
May 26, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- IG Metall initiated an indefinite strike at Mahle's Neustadt facility, stopping production entirely from 2:15 PM onwards.
- The company intends to close the plant by mid-2027 and shift production to Slovakia despite its current profitability.
- The union opposes the relocation and has presented detailed plans to keep the site competitive, which management has rejected.
- Negotiations on cutting 520 jobs in Stuttgart are stalled as the employer demands significant employee concessions and several meetings were canceled.
The employees will shut down the operation for as long as it takes until the company moves.— Rico Irmischer, first authorized representative of IG Metall Regensburg, on the strike at Mahle’s Neustadt an der Donau plant
After the closures of Fibres and Mahle: Is the economy in the Kelheim district in crisis?
donaukurier.de/lokales/landkreis-kelheim/800-jobs-weg-kriselt-die-wirtschaft-im-landkreis-kelheim-21215482

Paid articlePaywallAutomotive supplier Mahle: Employees plan to strike indefinitely: Automotive supplier Mahle plans to close its plant in Neustadt an der Donau ...
br.de/nachrichten/bayern/autozulieferer-mahle-mitarbeiter-wollen-unbefristet-streiken,VKJllHO

Declining market trend: Mahle closes plant with 350 employees: Business hasn't been great for automotive supplier Mahle for some time now ...
manager-magazin.de/unternehmen/mahle-zulieferer-schliesst-werk-mit-350-mitarbeitern-a-9c4fa9aa-c7e4-4e34-8e26-23f1dc141885

Automotive Suppliers - New Group Strategist for Mahle with Specialized Expertise: New addition at Mahle: Rainer Lindner is now in charge of group strategy ...
stuttgarter-nachrichten.de/inhalt.automobilzulieferer-neuer-konzernstratege-fuer-mahle-mit-besonderer-expertise.5d9ac3b9-dba5-4e2f-867f-878b0ed5ea76.html

Survey of companies in Baden-Württemberg – Criticism of the crisis bonus: “In the end, companies are left to foot the bill”
stuttgarter-nachrichten.de/inhalt.umfrage-bei-firmen-in-bw-kritik-am-krisenbonus-am-ende-sollen-unternehmen-die-zeche-zahlen.bed482c4-9331-44e8-9819-3e7b414ed2ae.html

Key FactsMahle Stuttgart Faces Bonus Cut Amid Profit
Apr 15, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Mahle’s 2025 revenue declined from €11.68 billion to €11.26 billion, yet the company remained profitable for the third consecutive year.
- Employee bonuses decreased from €1000 in 2023 to €800 in 2025, with payments scheduled for June.
- The workforce shrank to 64,240, including 600 job cuts in Germany, alongside plans for €100 million in personnel cost reductions.
- Mahle urges policymakers to reduce bureaucracy and invest more, focusing on securing the German site and expanding in markets like India.
Now pave the way for the economy to return quickly to growth. Less regulation, less bureaucracy. More and broader energy options, lower payroll taxes, more flexibility in work. Advance education, infrastructure and digitization.— Arnd Franz, Mahle CEO, at the annual press conference in Stuttgart, addressing the incoming green–black state government in Stuttgart, the German federal government, and Brussels
Trade tax in Baden-Württemberg – Citizens will “feel the pinch” – Trade tax revenue plummets
stuttgarter-nachrichten.de/inhalt.gewerbesteuer-in-bw-buerger-werden-es-schmerzlich-spueren-gewerbesteuer-bricht-ein.b4cbf83d-7c7c-4f01-9ff4-11edc8caf67c.html

Key FactsStuttgart Region Faces Sharp Drop in Business Taxes
Apr 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Business tax revenues in the Stuttgart area are declining sharply, mainly due to a downturn in the automotive sector dominating the local economy.
- Municipalities like Sindelfingen and Weissach face severe income shortfalls, forcing them to implement austerity plans including job cuts and halted investments.
- Cities in the Stuttgart metropolitan region do not expect recovery in 2026, while other parts of Baden-Württemberg maintain stable revenues.
- Regional leaders aim to boost the economy through co-financing programs for startups and future technologies to foster long-term growth.
We must move away from this gold- and platinum-frame toward a politics of reason that is affordable.— Statement by Mayor Matthias Klopfer (SPD) in the context of budget cuts and municipal finance in the Stuttgart region
New establishment in Gaildorf: Seibold Coil and Edge Technology moves into former Mahle site
swp.de/lokales/gaildorf/neuansiedlung-in-gaildorf-seibold-coil-und-kanttechnik-zieht-in-ehemaligen-mahle-standort-78739815.html

Paid articlePaywall“Truly dramatic”: Another 150,000 industrial jobs are at risk: The crisis in German industry is becoming increasingly dramatic. Gesamtmetall expects the loss of ...
schwaebische.de/wirtschaft/wirklich-dramatisch-weitere-150-000-jobs-in-der-industrie-stehen-auf-der-kippe-4430411

Key FactsMassive Threat to German Industrial Jobs
Mar 13, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: schwaebische.de
Summary created with AI assistance · Source: schwaebische.de
- Germany’s metal and electrical sector faces its worst crisis since WWII, potentially shedding 150,000 jobs this year.
- Employment in Baden-Württemberg's M+E industry dropped by 30,000 within one year, reaching the lowest level since 2016.
- Companies struggle with insufficient investments, declining orders, and a 3.1% wage increase effective April 2026 adding financial pressure.
- Experts highlight a bleak future for energy-intensive industries due to high energy costs, risking continued job losses.
Energy-intensive industry has no future for us.— Clemens Fuest, President of the Ifo Institute, in an interview with the Pioneer portal; explains his statement by the high energy prices.
Stuttgart-based automotive supplier - | Mahle CEO on EU proposal: "Will cost massive numbers of jobs again"
stuttgarter-nachrichten.de/inhalt.stuttgarter-autozulieferer-mahle-chef-ueber-eu-vorschlag-wird-noch-einmal-massiv-arbeitsplaetze-kosten.ea3e4096-0b26-4c0a-823f-a2bed44f487c.html

Key FactsMahle Highlights Job Risks from EU Combustion Ban
Feb 27, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Mahle CEO Arnd Franz criticizes the EU’s combustion engine restrictions, warning they will cause significant job losses.
- About two-thirds of Mahle’s 28,000 European employees work in combustion-related areas, with limited transitions to new sectors like building cooling.
- Franz projects electric vehicles will hold only half the European market by 2035 and advocates allowing additional CO₂-neutral technologies.
- The company’s revenue fell to €11.3 billion in 2025, with 3,500 global job cuts including 600 in Germany, and more reductions planned.
If Europe truly wants to achieve its climate goals and regain ground in global competition, technologies beyond battery-electric vehicles must be allowed to a sufficient extent.— Arnd Franz, Mahle CEO, in an interview about the EU proposal for combustion engines and its implications
IHK survey on job cuts – Companies in Stuttgart and the surrounding region expect further job cuts.
stuttgarter-nachrichten.de/inhalt.ihk-umfrage-zu-jobabbau-unternehmen-in-stuttgart-und-der-region-erwarten-weiteren-jobabbau.f8fe5467-d8ac-43f3-b55e-442bdcd3f000.html

Key FactsJob Cuts and Growth Prospects in Stuttgart's Economy 2026
Feb 5, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Nearly one-third of companies in the Stuttgart region anticipate further job reductions, particularly in the industry and automotive sectors.
- Weak domestic demand, rising energy costs, and bureaucratic obstacles significantly affect retail and hospitality.
- Only 20% of firms plan to increase domestic investments, while many intend to cut back.
- Positive signs emerge in construction and among financial and consulting services benefiting from digital transformation.
Our region lives from exports and reliable international relationships.— Susanne Herre, Managing Director of the IHK Region Stuttgart, emphasizes the importance of stable trade relations for the region's companies.
Bosch CEO: "Our company is not in a fundamental crisis": Bosch is cutting thousands of jobs across many divisions. CEO Stefan Hartung, however ...
merkur.de/wirtschaft/bosch-chef-unser-unternehmen-ist-nicht-in-einer-fundamentalen-krise-94118457.html

Alcohol ban at Porsche - | How do Mercedes-Benz and others deal with the issue of alcohol?
stuttgarter-nachrichten.de/inhalt.alkoholverbot-bei-porsche-wie-gehen-mercedes-benz-und-co-mit-dem-thema-alkohol-um.fd67b274-d03f-4234-9276-8ede43ea99cf.html

Restructuring - | Top Manager Leaves Mahle: The thermal management division plays a key role at automotive supplier Mahle. As part of the restructuring ...
stuttgarter-nachrichten.de/inhalt.umstrukturierung-top-managerin-verlaesst-mahle.51abce12-b750-45de-9e61-6f45bc740db6.html

Bosch and Co. on the Brink: China is now flooding Germany with cheap car parts: China is flooding the German market with cheap car parts, putting Bosch and Co ...
berliner-zeitung.de/wirtschaft-verantwortung/bosch-und-co-am-abgrund-jetzt-flutet-china-deutschland-mit-billig-autoteilen-li.10007623

Industrie: Die Krise der deutschen Wirtschaft verschärft sich: Der Umsatz von 22.000 Industriefirmen sinkt innerhalb von drei Jahren um 6,2 Prozent ...
handelsblatt.com/unternehmen/industrie/industrie-die-krise-der-deutschen-wirtschaft-verschaerft-sich/100178286.html

Paid articlePaywallRethinking in Brussels - | EU revises combustion engine ban: How Mercedes, Bosch and Mahle are reacting
stuttgarter-nachrichten.de/inhalt.umdenken-in-bruessel-eu-ueberarbeitet-verbrenner-aus-wie-mercedes-bosch-und-mahle-reagieren.8a2bbeda-83d2-4c2a-889a-80d528aef547.html

Automotive industry: Employees demand a safety net for automotive suppliers: Works councils at companies like Bosch and Mahle are fighting back against ...
handelsblatt.com/unternehmen/industrie/autoindustrie-arbeitnehmer-fordern-schutzschirm-fuer-die-autozulieferer/100177573.html

Politicians promise support to the struggling industry - | will the combustion engine ban be scrapped?
schwaebische.de/wirtschaft/politiker-sagen-krisenbranche-unterstuetzung-zu-faellt-das-verbrenner-aus-4135482

Over 50s in the job market – How to find a job in your mid-50s: Mercedes, Porsche, Bosch – and now Mahle too: they are all cutting jobs. When older people become ...
stuttgarter-nachrichten.de/inhalt.ue50-auf-dem-arbeitsmarkt-wie-man-auch-mit-mitte-50-noch-einen-job-findet.256424b0-c6e0-4d20-81bc-c325ed30f1fd.html

Key FactsJob Prospects for Over-50s Amid Job Cuts
Nov 9, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Almost one million people aged 50 and above are currently unemployed despite widespread shortages in skilled labor and calls for longer working lives.
- Age bias frequently occurs unconsciously, with older applicants seen as less digitally adept or less capable of learning.
- Applicants must demonstrate how their experience can deliver tangible benefits such as cost reduction or team leadership.
- Self-assessment, flexibility, clear positioning, and concise, factual applications are critical for job seekers over 50.
In a world full of uncertainty and transformation, experience gains value.— Career advisor Matthias Martens on the importance of experience for older workers in today's job market.
Rising imports: Auto parts from China put German suppliers under pressure: Chinese auto suppliers are pushing into the European market. The parts are ...
handelsblatt.com/unternehmen/industrie/steigende-importe-autoteile-aus-china-setzen-deutsche-zulieferer-unter-druck/100178718.html

Cost-cutting program at supplier – Mahle tightens austerity measures: 1,000 jobs to be cut – mainly in Stuttgart
stuttgarter-nachrichten.de/inhalt.sparprogramm-bei-zulieferer-mahle-verschaerft-sparkurs-1000-stellen-fallen-weg-vor-allem-in-stuttgart.12688a3e-ecef-45ef-bca7-82fddb23eefc.html

Key FactsMahle Announces Major Cuts: 1000 Jobs Targeted
Nov 3, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- Automotive supplier Mahle plans to cut around 1000 administrative and development jobs in Stuttgart as part of a broad cost-saving effort.
- The company expects to save 150 million euros worldwide since no market recovery is forecast within the next five years.
- Savings must take full effect in 2026, with production roles excluded from the layoffs.
- Mahle joins other suppliers like Bosch, Mercedes, and Porsche in reducing staff due to high investments in electric mobility.
We need the savings volume permanently because we do not see any recovery in the markets in the next five years.— Arnd Franz, CEO of Mahle, in an exclusive interview with our newspaper.
Stuttgart-based automotive supplier – IG Metall demands compensation from Mahle for savings
stuttgarter-nachrichten.de/inhalt.stuttgarter-autozulieferer-ig-metall-fordert-von-mahle-gegenleistung-fuer-einsparung.3d64b585-f161-4135-8618-a38e6072e934.html

Cost-cutting program at automotive supplier – “Employees are scared” – Mahle works council sounds the alarm
stuttgarter-nachrichten.de/inhalt.sparprogramm-beim-autozulieferer-die-mitarbeiter-sind-veraengstigt-mahle-betriebsrat-schlaegt-alarm.f01417d7-27ea-4ea2-90ec-9e604d53dc25.html

Mercedes, Porsche, Bosch, and others: How the Stuttgart region is suffering from the automotive crisis
augsburger-allgemeine.de/panorama/mercedes-porsche-bosch-und-co-wie-die-region-stuttgart-unter-der-autokrise-leidet-112773045

Auto supplier plans to cut another 1,000 jobs: The crisis in the auto industry is also weighing on the business of supplier Mahle. The company needs to cut costs ...
schwaebische.de/regional/baden-wuerttemberg/autozulieferer-will-weitere-1-000-stellen-streichen-4067724

Major automotive supplier cuts 1,000 jobs worldwide - | half in Germany: The automotive industry is struggling. Manufacturers and suppliers have to make cuts - | ...
giessener-allgemeine.de/wirtschaft/grosser-autozulieferer-streicht-000-jobs-weltweit-die-haelfte-in-deutschland-zr-94035470.html

Over 50s in the job market – How to find a job in your mid-50s – advice from a career counselor.
stuttgarter-nachrichten.de/inhalt.ue50-auf-dem-arbeitsmarkt-wie-man-auch-mit-mitte-50-noch-einen-job-findet-das-sagt-ein-karriereberater.256424b0-c6e0-4d20-81bc-c325ed30f1fd.html

Major German automotive supplier apparently considering plant closure - | 190 jobs at risk?
merkur.de/wirtschaft/autozulieferer-prueft-schliessung-von-werk-190-arbeitsplaetze-vor-dem-aus-94031890.html

Survey of companies and public authorities – Looking for jobs in large Stuttgart companies? You'll find what you're looking for here!
stuttgarter-nachrichten.de/inhalt.umfrage-bei-firmen-und-behoerden-jobs-in-grossen-stuttgarter-unternehmen-gesucht-hier-werden-sie-fuendig.52401d8f-7047-40d2-a04a-6b26e6370a62.html

Companies in the Stuttgart region - | How much Christmas bonus do Bosch, Mercedes, Stihl and others pay?
stuttgarter-nachrichten.de/inhalt.unternehmen-in-der-region-stuttgart-so-viel-weihnachtsgeld-zahlen-bosch-mercedes-stihl-und-co.cdf5a8b5-e3e0-40de-8eb6-cbeec463e387.html

Paid articlePaywallAutomotive supplier Mahle considers closing plant in France near Saarland: Nearly 190 men and women in Hambach, in the Moselle region, fear for their jobs: The ...
saarbruecker-zeitung.de/saarland/blickzumnachbarn/frankreich/automobilzulieferer-mahle-prueft-schliessung-von-werk-in-frankreich-nahe-saarland_aid-138265203

Crisis hits auto supplier from Baden-Württemberg hard – drastic step: The current crisis is having drastic consequences for an auto supplier from ...
fr.de/panorama/krise-trifft-autozulieferer-aus-baden-wuerttemberg-schwer-drastischer-schritt-zr-94020632.html

Doom and gloom among car manufacturers: Is Stuttgart becoming the new Detroit?: Doom and gloom on the Neckar: Car manufacturers and suppliers around the state ...
schwaebische.de/wirtschaft/wird-stuttgart-im-schlimmsten-fall-zu-einem-detroit-am-neckar-4033718

Chip supply: Nexperia scandal threatens to exacerbate crisis among auto suppliers
handelsblatt.com/unternehmen/industrie/chipversorgung-nexperia-skandal-droht-krise-der-autozulieferer-zu-verschaerfen/100167437.html

Paid articlePaywallMahle Supervisory Board - | Michael Macht succeeds Heinz K. Junker: The supplier Mahle is getting a new chairman of the supervisory board - | an old acquaintance ...
stuttgarter-nachrichten.de/inhalt.mahle-aufsichtsrat-michael-macht-folgt-auf-heinz-k-junker.5dede99e-024e-4651-82a4-c0f608d4f86d.html

ZF implements austerity measures in its driveline division "Division E" - | including job cuts
pnp.de/nachrichten/wirtschaft/zf-setzt-bei-antriebssparte-division-e-auf-sparkurs-19613570

Bankruptcies of automotive suppliers are dragging other industries down: A restructuring expert warns of a 30 percent increase in insolvencies in the automotive ...
faz.net/aktuell/wirtschaft/unternehmen/pleiten-von-autozulieferern-ziehen-andere-branchen-nach-unten-accg-110677578.html

Split up, save, close: How the big auto suppliers are fighting the crisis: The auto industry is in a deep crisis, especially the big suppliers. In some cases ...
n-tv.de/wirtschaft/So-kaempfen-die-grossen-Autozulieferer-gegen-die-Krise-article26013915.html

Hundreds of employees affected: 2 German auto suppliers file for bankruptcy: Two German auto suppliers file for bankruptcy. Operations will continue for the time ...
chip.de/news/business/hunderte-arbeitnehmer-betroffen-2-deutsche-autozulieferer-melden-insolvenz-an_ed95c74a-62fc-474d-b7c4-e537eb071b86.html

Supplier's boss warns of combustion engine phase-out - | "That means plant closures"
fr.de/wirtschaft/mahle-chef-warnt-vor-verbrenner-aus-guertel-zwei-stufen-enger-schnallen-zr-93741745.html

Auto parts giant sees risk of production outages from China rare earth curbs: Germany's Mahle, one of the world's largest auto parts suppliers ...
timeslive.co.za/motoring/news/2025-06-05-auto-parts-giant-sees-risk-of-production-outages-from-china-rare-earth-curbs/
What the crisis in the car industry means for young talent: Tens of thousands of jobs are at risk in the automotive industry. Even highly qualified young people ...
tagesschau.de/wirtschaft/unternehmen/nachwuchs-ausbildung-autoindustrie-100.html

The next game changer from woom: woom launches super-light all-round e-bike for kids
presseportal.de/pm/136027/6008454
Car supplier Mahle: | "The end of the combustion engine is a dead end": The car supplier Mahle has almost 70,000 employees and is famous for its pistons - | ...
stern.de/capital/autozulieferer-mahle---ende-des-verbrenners-ist-eine-sackgasse--35467132.html

Paid articlePaywallAutomotive supplier Mahle with significant decline in sales in 2024: The automotive industry is weakening. The supplier Mahle is also noticing this very clearly.
wiwo.de/unternehmen/auto/automobilzulieferer-mahle-2024-mit-deutlichem-umsatzrueckgang/30163018.html

Key FactsMahle's Revenue Drop and Plant Closures in 2024
Jan 11, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: businessinsider.de
Summary created with AI assistance · Source: businessinsider.de
- Mahle reports a revenue decline to 11.7 billion euros in 2024 due to weak demand in Europe and North America.
- To maintain competitiveness, Mahle is closing plants in Germany and the USA while transitioning to electromobility.
- Despite the decline, the company remains profitable, with approximately 300 million euros from divested businesses included in the revenue.
- CEO Arnd Franz calls for a revision of the EU's CO2 regulations to allow for a comprehensive emissions assessment.
Car suppliers write open letter to Chancellor Scholz - | Concern about Germany as a business location
stimme.de/wirtschaft/baden-wuerttemberg/automobil-industrie-hersteller-zulieferer-ig-metall-brief-kanzler-scholz-bosch-mahle-zf-art-5015084

Automotive suppliers: Bosch, ZF, Continental and IG Metall appeal to Scholz: Call for help from the automotive suppliers: In a joint letter with IG Metall to the ...
handelsblatt.com/unternehmen/industrie/autozulieferer-bosch-zf-continental-und-ig-metall-appellieren-an-scholz/100102630.html

Paid articlePaywallSatisfied faces after the “Stuttgart Automotive Summit”: The exchange between politicians, the automotive industry, association and union representatives in ... Show more
Automotive supplier from Stuttgart - Two managing directors of Mahle have to go: The Stuttgart-based automotive supplier Mahle is reducing its business divisions ...
stuttgarter-zeitung.de/inhalt.automobilzulieferer-aus-stuttgart-zwei-geschaeftsfuehrer-von-mahle-muessen-gehen.dc4e3a34-5882-47a3-9dff-79c9da93889a.html

Next quake at Northvolt: CEO has to leave ailing battery manufacturer - | Setback for Europe
fr.de/wirtschaft/northvolt-fabrik-schleswig-holstein-deutschland-news-wirtschaft-olaf-scholz-robert-habeck-china-zr-93428114.html

Key FactsNorthvolt Seeks Bankruptcy Protection for Restructuring
Nov 22, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: zdf.de
Summary created with AI assistance · Source: zdf.de
- Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the U.S. to shield itself from creditor claims.
- The company is facing financial difficulties, notably after losing a significant order from BMW and announcing job cuts.
- Construction of the Gigafactory in Schleswig-Holstein continues independently of the parent company, but production startup has been delayed to the second half of 2027.
- Despite financial challenges, Northvolt has secured new funding sources to support its restructuring efforts.
Automotive suppliers in crisis: Mahle cuts salaries for over 1,300 employees: The crisis in the automotive industry is not stopping at suppliers either ...
focus.de/auto/autozulieferer-in-der-krise-mahle-kuerzt-ueber-1300-mitarbeitern-das-gehalt_id_260451468.html
