Tag #Automotive

Showing 61 to 64 of 64 results

sueddeutsche.de

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Nov 5, 13:15

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

Schaeffler Announces Major Job Cuts

Schaeffler to cut 4700 jobs in Europe to improve profitability, despite strong recent financial performance.

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What is the primary financial goal of Schaeffler's restructuring plan?

The restructuring, costing \u20ac580 million, aims to achieve cost synergies from the recent Vitesco Technologies acquisition and improve the performance of its warehouse and industrial business.

welt.de

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Nov 5, 13:23

Bosch Faces Economic Headwinds, Announces Further Job Cuts

Bosch, a major German automotive supplier, is facing economic difficulties, leading to job cuts and revised financial targets for 2024.

Bosch Faces Economic Headwinds, Announces Further Job Cuts

Bosch, a major German automotive supplier, is facing economic difficulties, leading to job cuts and revised financial targets for 2024.

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What is the ownership structure of Bosch?

Bosch is almost entirely owned by a non-profit foundation that allocates profits to social and societal causes, with only minimal involvement from the founding family.

cnbc.com

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Nov 5, 13:17

DeepRoute.ai: \$100M Funding and AI-Powered Autonomous Driving

Chinese autonomous driving startup DeepRoute.ai secures \$100 million in funding, partners with Nvidia, and adopts a map-less AI approach.

DeepRoute.ai: \$100M Funding and AI-Powered Autonomous Driving

Chinese autonomous driving startup DeepRoute.ai secures \$100 million in funding, partners with Nvidia, and adopts a map-less AI approach.

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What is DeepRoute.ai and what recent funding did it receive?

DeepRoute.ai, a Chinese autonomous driving startup, secured a \$100 million funding round led by Great Wall Motor, highlighting the company's progress and strategic partnerships.

cnbc.com

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Nov 5, 13:10

Goldman Sachs' Top Asian Stock Picks Include Mahindra & Honda

Goldman Sachs includes Mahindra & Mahindra and Honda Motor in its refreshed list of top Asian stock picks due to their strong growth potential in the automotive sector.

Goldman Sachs' Top Asian Stock Picks Include Mahindra & Honda

Goldman Sachs includes Mahindra & Mahindra and Honda Motor in its refreshed list of top Asian stock picks due to their strong growth potential in the automotive sector.

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What is the recent performance of Mahindra & Mahindra and Honda Motor's stocks?

Mahindra & Mahindra's stock is up nearly 70% year-to-date, while Honda's shares are up nearly 4% year-to-date, though Honda has declined in the past 6 months.

Showing 61 to 64 of 64 results