Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...

German automotive parts maker Schaeffler AG announced plans to eliminate 4,700 jobs across Europe, following a 45% drop in ...

German machine and car parts maker Schaeffler said on Tuesday it planned to lay off 4,700 people in Europe after its ...

The company said it would cut thousands of jobs across Europe as part of a restructuring program aimed at boosting its ...

Leap production sites will add repair expertise. That will be the case for composite fan blades in Commercy, France, and ...

The 2025 M5 Touring is the first M5 wagon to make it to America (and the first anywhere in the world since 2010). But more ...

The Audi Group has reported another disappointing quarter, but there's reason to be optimistic about the future ...

Thailand is racing in the fast lane of auto parts manufacturing in the Asia-Pacific region, becoming a crucial export hub for ...

German machine and car parts maker Schaeffler on Tuesday said it planned to lay off 4,700 people in Europe after its core profit almost halved in the third quarter, highlighting challenges in the ...

The crisis around Volkswagen hits at the very heart of German engineering excellence. It's a legend among European automakers ...