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  <title>Eurotrack: Automotive supplier</title>
  <subtitle>All entries in the Automotive supplier sector, newest first.</subtitle>
  <link href="https://eurotrack.ai/en/sectors/automotive-supplier/"/>
  <link rel="self" href="https://eurotrack.ai/en/sectors/automotive-supplier/feed.xml"/>
  <id>tag:eurotrack.ai,2026:en:en/sectors/automotive-supplier</id>
  <updated>2026-11-03T06:00:00Z</updated>
  <author><name>Eurotrack</name></author>
  <entry>
    <title>📉 Schaeffler to cut 3,460 jobs in Europe and give up sites (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/6bbac484-schaeffler-to-cut-3-460-jobs-in-europe-and-give-up-sites/"/>
    <id>tag:eurotrack.ai,2026:6bbac484:en</id>
    <updated>2026-11-03T06:00:00Z</updated>
    <summary>Alongside its third-quarter results Schaeffler announced a further savings programme: 3,460 jobs are to go in Europe, 2,660 of them in Germany, affecting 16 European sites. Five sites are to be given up, four of them in Germany, including Dortmund (430 employees), Morbach (160) and Berlin (about 270) as well as Schwalbach; annual savings of €300m are targeted from 2030, with one-off costs of about €480m. IG Metall and the group works council criticise the plans, and details are still to be negotiated (dpa-AFX via finanznachrichten.de, 3 November 2026; second source: WirtschaftsWoche, 3 November 2026). — Sources: https://www.finanznachrichten.de/nachrichten-2026-11/70016459-roundup-2-schaeffler-streicht-tausende-jobs-und-schliesst-werke-aktie-im-minus-016.htm · https://www.wiwo.de/unternehmen/auto/autozulieferer-schaeffler-streicht-tausende-jobs-und-schliesst-werke/100266861.html</summary>
  </entry>
  <entry>
    <title>📉 SK On Hungary confirms layoffs at Iváncsa battery plant (Hungary)</title>
    <link href="https://eurotrack.ai/en/developments/1202d7c4-sk-on-hungary-confirms-layoffs-at-ivancsa-battery-plant/"/>
    <id>tag:eurotrack.ai,2026:1202d7c4:en</id>
    <updated>2026-10-22T06:00:00Z</updated>
    <summary>According to the LIMÉSZ union group, several Hungarian employees at the Iváncsa battery plant were dismissed without warning on 21 October 2026, and staff expect further cuts. The company told news agency MTI that adapting the plant to current business conditions required difficult but unavoidable headcount decisions; it gives no figures. The union is asking for the scale and reasons and points out that a collective redundancy would have to follow the legal requirements (Portfolio, 22 Oct 2026). Update (28 October 2026): after Iváncsa, SK On Hungary has also started layoffs at its Komárom plant; according to the Liga union federation, several Hungarian and at least 20 Ukrainian workers lost their jobs there. The company speaks of difficult but unavoidable staffing decisions due to business conditions but gives no overall figure (444.hu, 28 October 2026). — Sources: https://www.portfolio.hu/gazdasag/20261022/megerositette-az-akkugyar-tobb-dolgozot-elbocsatottak-871636 · https://444.hu/2026/10/28/az-ivancsai-utan-most-a-komaromi-akkugyarban-is-elbocsatasok-kezdodtek</summary>
  </entry>
  <entry>
    <title>🏭 Hyundai Wia starts series production at new plant in Martin (Slovakia)</title>
    <link href="https://eurotrack.ai/en/developments/ec828a2b-hyundai-wia-starts-series-production-at-new-plant-in-martin/"/>
    <id>tag:eurotrack.ai,2026:ec828a2b:en</id>
    <updated>2026-09-30T06:00:00Z</updated>
    <summary>Korean supplier Hyundai Wia began series production on 30 September 2026 at a new plant in Martin (Žilina Region), to which its Slovak subsidiary, founded in 2023, is moving from another site in the region. Capacity reaches up to 800,000 constant-velocity joints and 280,000 coolant modules a year, partly for Kia's EV2 and EV4 electric models; headcount is set to grow from 98 to about 410 by 2030. The company has not disclosed an investment figure (Asia Business Daily, 1 Oct 2026). — Source: https://view.asiae.co.kr/en/article/2026100108334793400</summary>
  </entry>
  <entry>
    <title>📉 Bosch to cut 900 jobs at Nuremberg plant by 2029 (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/cd2f4949-bosch-to-cut-900-jobs-at-nuremberg-plant-by-2029/"/>
    <id>tag:eurotrack.ai,2026:cd2f4949:en</id>
    <updated>2026-09-28T06:00:00Z</updated>
    <summary>Bosch plans to cut around 900 jobs by the end of 2029 at its Nuremberg plant, which makes parts for combustion engines and fuel-cell technology — roughly half the workforce. The company cites falling sales and the shrinking share of combustion engines, Chinese competition, production costs above market prices and a European hydrogen market lagging behind expectations; talks with employee representatives are to follow (Stuttgarter Nachrichten, 28.09.2026). — Source: https://www.stuttgarter-nachrichten.de/wirtschaft/jobabbau-bei-zulieferer-bosch-will-die-haelfte-der-stellen-im-werk-nuernberg-streichen-79510666.html</summary>
  </entry>
  <entry>
    <title>🏚️ Bohai and Schlote to close plants in Harzgerode and Wernigerode (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/52cfd134-bohai-and-schlote-to-close-plants-in-harzgerode-and/"/>
    <id>tag:eurotrack.ai,2026:52cfd134:en</id>
    <updated>2026-09-28T06:00:00Z</updated>
    <summary>Auto supplier Bohai Automotive, insolvent since April 2025, will cease operations in Harzgerode entirely with effect from 31.01.2027; according to the insolvency administrator, around 550 employees at Bohai and three sister companies are affected. Because the Schlote companies in Harzgerode and Wernigerode, which depend on Bohai's business, are also closing, around 730 jobs will go in total according to dpa. Despite an international search for investors and support from major customers, not enough new orders could be secured; a last promising bidder pulled out (Brinkmann &amp; Partner, 28.09.2026; dpa/t-online, 29.09.2026). — Source: https://www.brinkmann-partner.de/harzgerode-bohai-werk-und-schwestergesellschaften-muessen-geschaeftsbetrieb-einstellen/</summary>
  </entry>
  <entry>
    <title>📉 Fujikura to cut 309 jobs at Dej plant (Romania)</title>
    <link href="https://eurotrack.ai/en/developments/a7b3750c-fujikura-to-cut-309-jobs-at-dej-plant/"/>
    <id>tag:eurotrack.ai,2026:a7b3750c:en</id>
    <updated>2026-09-25T06:00:00Z</updated>
    <summary>Japanese supplier Fujikura plans a collective dismissal of 309 staff at its plant in Dej, Transylvania, including 45 indirect production and 16 administrative posts; the layoffs are due to start at the end of October 2026. The company points to lower expected sales in the April 2026 to March 2027 financial year as the plant's main project reaches the end of its life cycle; the site already shed more than 200 jobs in 2025. (Actual de Cluj, 25.09.2026; second source: G4Media, 25.09.2026) — Sources: https://actualdecluj.ro/peste-300-de-angajati-concediati-de-la-fujikura-dej-fabrica-isi-restrange-din-nou-activitatea/ · https://www.g4media.ro/peste-300-de-angajati-concediati-de-la-fujikura-dej-fabrica-a-concediat-peste-200-de-persoane-si-in-2025-compania-mai-are-locatii-in-cluj-napoca-si-sibiu.html</summary>
  </entry>
  <entry>
    <title>📉 thyssenkrupp Bilstein to cut up to 180 jobs in Ennepetal and Essen (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/3dfdbee4-thyssenkrupp-bilstein-to-cut-up-to-180-jobs-in-ennepetal/"/>
    <id>tag:eurotrack.ai,2026:3dfdbee4:en</id>
    <updated>2026-09-24T06:00:00Z</updated>
    <summary>Shock-absorber maker thyssenkrupp Bilstein plans to cut up to 180 jobs at its Ennepetal and Essen sites, mostly in research and development; part of this work is to move abroad, while production at the Ennepetal headquarters is unaffected, according to the company. Management points to cost and competitive pressure; the cuts have not yet been finalised, and the works council and IG Metall have brought in outside advisers. Around 100 jobs had already gone the previous year (WDR Lokalzeit Dortmund, 24 September 2026, via Dr. Web, 25 September 2026; second source: ad-hoc-news.de, 25 September 2026). — Source: https://www.drweb.de/bilstein-stellenabbau-ennepetal-essen/</summary>
  </entry>
  <entry>
    <title>🏚️ Plasman to close Ghent plant, affecting over 300 jobs (Belgium)</title>
    <link href="https://eurotrack.ai/en/developments/4a57ff10-plasman-to-close-ghent-plant-affecting-over-300-jobs/"/>
    <id>tag:eurotrack.ai,2026:4a57ff10:en</id>
    <updated>2026-09-24T06:00:00Z</updated>
    <summary>Canadian bumper maker Plasman is permanently closing its plant in the port of Ghent, which produces plastic parts and bumper systems for Volvo Cars and BMW/Mini; the notice of intent for collective redundancies was announced at an extraordinary works-council meeting on 24 September 2026. More than 300 jobs are lost in total: a first phase announced back in June affects 95 permanent employees and about 60 temporary/agency workers (loss of the Volvo contract), while the remaining 210 employees lose their jobs after the BMW orders fell away; the dismissals will take place between late December 2026 and late June 2027 (VRT NWS, 24 Sep 2026). — Source: https://www.vrt.be/vrtnws/nl/2026/09/24/plasman-sluiting-intentie/</summary>
  </entry>
  <entry>
    <title>🏭 CATL begins trial production at new Debrecen plant (Hungary)</title>
    <link href="https://eurotrack.ai/en/developments/d5b703bd-catl-begins-trial-production-at-new-debrecen-plant/"/>
    <id>tag:eurotrack.ai,2026:d5b703bd:en</id>
    <updated>2026-09-22T06:00:00Z</updated>
    <summary>Milestone: on 22 Sept 2026 CATL began trial production on the first two lines of its new cell-manufacturing building in Debrecen, after receiving the occupancy permit in August 2026 and remedying deficiencies found by the authorities (including elevated nickel exposure among nine workers); series production will only follow after the ramp-in phase. Announced in 2022, the plant is to reach 100 GWh of annual capacity at full build-out, making it CATL's largest site outside China; module assembly has been running there since autumn 2024 (around 537,000 modules). The sources give neither the investment sum nor headcount (Portfolio.hu and Világgazdaság, 22 Sept 2026). Update (06.10.2026): State Secretary Zsolt Tárkányi of the transport and investment ministry published excerpts of the non-binding letter of intent signed with the previous government in 2022: it lists a planned investment value of €7.3bn and annual capacity of 100 GWh and holds out, among other things, an 80% corporate tax reduction for up to 13 years and possible cash grants (Portfolio.hu, 06.10.2026). — Sources: https://www.portfolio.hu/uzlet/20260922/merfoldkohoz-erkezett-a-catl-megkezdodik-a-tesztuzem-debrecenben-864380 · https://www.portfolio.hu/uzlet/20261006/komoly-kedvezmenyeket-igert-a-kormany-a-catl-debreceni-beruhazasahoz-867732</summary>
  </entry>
  <entry>
    <title>🏭 PWO invests €31m in Čačak plant, up to 550 new jobs by 2033 (Serbia)</title>
    <link href="https://eurotrack.ai/en/developments/585b4283-pwo-invests-31m-in-cacak-plant-up-to-550-new-jobs-by-2033/"/>
    <id>tag:eurotrack.ai,2026:585b4283:en</id>
    <updated>2026-09-22T06:00:00Z</updated>
    <summary>The European Investment Bank is lending EUR 15 million to Oberkirch-based automotive supplier PWO for machinery at its 16,500 sqm plant in Čačak (central Serbia), opened in 2025, which makes lightweight components including parts for electric vehicles and houses a shared service centre. Total investment is EUR 31 million (plus EUR 12 million own funds and EUR 4 million Serbian government support); up to 550 jobs are to be created by 2033 (PWO AG EQS news release, 22 Sept 2026). — Source: https://www.onvista.de/news/2026/09-22-eqs-news-der-deutsche-automobilzulieferer-und-spezialist-fuer-leichtbau-metallloesungen-pwo-gruppe-erhaelt-ein-eib-darlehen-in-hoehe-von-15-mio-eur-fuer-den-maschinenpark-ihres-neuen-werks-in-serbien-0-37-26556270</summary>
  </entry>
  <entry>
    <title>🏚️ Report: Cummins mulls closing Marktheidenfeld plant, 350 jobs at risk (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/c85da9a3-report-cummins-mulls-closing-marktheidenfeld-plant-350-jobs/"/>
    <id>tag:eurotrack.ai,2026:c85da9a3:en</id>
    <updated>2026-09-17T06:00:00Z</updated>
    <summary>US engine maker and automotive supplier Cummins has confirmed that it has opened a formal information and consultation procedure for its Marktheidenfeld-Altfeld site (Main-Spessart district); according to the IG Metall Würzburg union on 17 September 2026, closure of the entire plant with around 350 jobs is on the table. No date for ending operations has been set, and IG Metall is calling for alternatives to be seriously examined and for investment and employment at the site to be secured. According to the union, just under 500 jobs were already lost at Marktheidenfeld's larger industrial employers between 2019 and 2024 (ad-hoc-news.de and infranken.de citing IG Metall Würzburg, 17/19 Sept 2026). — Source: https://www.ad-hoc-news.de/wirtschaft/cummins-werk-marktheidenfeld-350-arbeitsplaetze-vor-schliessung/70132563</summary>
  </entry>
  <entry>
    <title>🤝 Mahindra unit offers to buy remaining Pininfarina shares (Italy)</title>
    <link href="https://eurotrack.ai/en/developments/fe989d9e-mahindra-unit-offers-to-buy-remaining-pininfarina-shares/"/>
    <id>tag:eurotrack.ai,2026:fe989d9e:en</id>
    <updated>2026-09-16T06:00:00Z</updated>
    <summary>PF Holdings, the majority shareholder controlled by India's Mahindra group with 78.823% of Pininfarina, announced on 16 September 2026 a voluntary tender offer for the remaining 16,660,587 shares (21.177% of the capital) at €1.00 per share in cash — a 20% premium to the closing price of 15 September 2026, maximum outlay about €16.7m. The aim is to delist the Turin design house, listed since 1986, from Euronext Milan; the offer document goes to Consob within 20 days, the acceptance period is to last 15 to 40 trading days, and the transaction is subject to Consob approval and Golden Power clearance by the government (ANSA, 16 September 2026; Milano Finanza, 17 September 2026). Update (23.09.2026): through further market purchases at no more than €1.00 per share, PF Holdings now holds 64,047,889 shares or 81.409% of the capital; Pininfarina's board has taken note of the offer and begun its assessment, including the selection of advisers (Teleborsa, 23.09.2026). Update (7 Oct 2026): PF Holdings has filed the offer document with Consob; after further market purchases the bidder holds 64,709,121 shares or 82.250%, and the offer at €1 per share (cum dividend) covers at most 13,964,715 shares (17.750%); the acceptance period begins only after Consob approval (Teleborsa, 7 Oct 2026). Update (21 October 2026): Consob has approved the offer document; the acceptance period of PF Holdings' offer starts on 26 October 2026 (Teleborsa, 21 October 2026). — Sources: https://www.ansa.it/sito/notizie/economia/2026/09/16/pininfarina-al-via-lopa-volontaria-per-il-delisting-da-piazza-affari_1e299700-d91d-4369-8353-53670780bea4.html · https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/opa-pininfarina-l-offerente-sale-all-814-del-capitale-con-acquisti-sul-mercato-259_2026-09-23_TLB.html?lang=it · https://www.teleborsa.it/News/2026/10/07/pininfarina-pf-holdings-deposita-il-documento-opa-presso-la-consob-3.html · https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/pininfarina-opa-al-via-il-26-ottobre-dopo-approvazione-consob-del-documento-di-offerta-217_2026-10-21_TLB.html?lang=it</summary>
  </entry>
  <entry>
    <title>🏚️ Allison Transmission to close Sommariva Perno plant, 180 jobs (Italy)</title>
    <link href="https://eurotrack.ai/en/developments/8f674061-allison-transmission-to-close-sommariva-perno-plant-180-jobs/"/>
    <id>tag:eurotrack.ai,2026:8f674061:en</id>
    <updated>2026-09-16T06:00:00Z</updated>
    <summary>US transmission maker Allison Transmission, the new owner of the former Dana plant in Sommariva Perno, announced on 16 September 2026 the closure of the site: all production and the 180 employees are to be moved to the Rivoli (Turin) plant about 50 km away. FIM-CISL, FIOM-CGIL and UIL call the decision 'unacceptable' and point out that during talks at the industry ministry MIMIT the company had assured that no Italian site would be closed; an eight-hour strike was held outside the plant on 17 September 2026 (Quotidiano Piemontese, 17 September 2026). Update (22.09.2026): Industry minister Adolfo Urso ordered a formal review of whether Allison is complying with the golden-power conditions attached to its purchase of the plant, and summoned the company to the ministry; Senator Giorgio Maria Bergesio had previously tabled a parliamentary question (Cuneo24, 22.09.2026: https://www.cuneo24.it/2026/09/golden-power-sulla-ex-dana-graziano-il-ministero-convoca-allison-transmission-360613). Update (02.10.2026): At a meeting at the Unione Industriale in Turin, Allison and the unions Fim, Fiom and Uilm signed a minute suspending the transfer of the 180 workers to Rivoli: while talks on alternatives for the Roero site continue, the company may not move staff or machinery and the unions have suspended strikes (Grugliasco24, 02.10.2026). — Sources: https://www.grugliasco24.it/2026/09/16/leggi-notizia/argomenti/economia-e-lavoro-5/articolo/ex-dana-di-sommariva-perno-la-nuova-proprieta-usa-vuole-trasferire-lintera-produzione-e-180-lavor-4.html · https://www.grugliasco24.it/2026/10/02/leggi-notizia/argomenti/economia-e-lavoro-5/articolo/vertenza-allison-transmission-vertice-allunione-industriale-congelato-il-trasferimento-da-sommari-4.html</summary>
  </entry>
  <entry>
    <title>🏚️ Bosch to close Bernolákovo plant, affecting 148 jobs (Slovakia)</title>
    <link href="https://eurotrack.ai/en/developments/d757dd45-bosch-to-close-bernolakovo-plant-affecting-148-jobs/"/>
    <id>tag:eurotrack.ai,2026:d757dd45:en</id>
    <updated>2026-09-16T06:00:00Z</updated>
    <summary>Bosch is closing its plant in Bernolákovo, Slovakia, where its Mobility Aftermarket division currently employs 148 people, and relocating alternator remanufacturing to Pećinci in Serbia. Production is to be phased out by the end of March 2027, after which the site will close. Bosch cites cost pressure in labour-intensive alternator remanufacturing and the consolidation of smaller sites (Pravda/TASR, 16.09.2026). — Source: https://www.pravda.sk/spravy/ekonomika/clanok/2042475-dalsia-rana-pre-slovensky-priemysel-bosch-konci-v-bernolakove-a-stahuje-sa-o-pracu-pride-148-ludi</summary>
  </entry>
  <entry>
    <title>🏭 Hankook completes fourth expansion phase in Rácalmás, adding 450 jobs (Hungary)</title>
    <link href="https://eurotrack.ai/en/developments/59a885f5-hankook-completes-fourth-expansion-phase-in-racalmas-adding/"/>
    <id>tag:eurotrack.ai,2026:59a885f5:en</id>
    <updated>2026-09-15T06:00:00Z</updated>
    <summary>Hankook has completed the fourth expansion phase at its Rácalmás plant (Fejér county): €540 million (around HUF 200 billion) has funded some 66,000 m² of new production and ancillary buildings since 2024, plus a truck and bus tyre line starting up in October 2026. The line has annual capacity of over 800,000 tyres and creates more than 450 jobs in the region. Since 2007 the South Korean group has invested around €856 million at the site across three earlier phases (Infostart/MTI, 15.09.2026). — Source: https://infostart.hu/gazdasag/2026/09/15/tobb-mint-felmilliard-eurobol-bovitett-idehaza-a-hankook</summary>
  </entry>
  <entry>
    <title>🏚️ WKW to close Győr plant, affecting 470 jobs (Hungary)</title>
    <link href="https://eurotrack.ai/en/developments/e721a325-wkw-to-close-gyor-plant-affecting-470-jobs/"/>
    <id>tag:eurotrack.ai,2026:e721a325:en</id>
    <updated>2026-09-07T06:00:00Z</updated>
    <summary>German automotive supplier WKW Group informed employees on 07.09.2026 that its Győr plant (decorative trim for Audi, Mercedes, Jaguar, Porsche) will close by 31.12.2026 without a legal successor; the company states 470 employees are affected (other outlets report up to 585), citing lost customer orders amid the automotive downturn (Telex, 08.09.2026; Index.hu, 08.09.2026). — Source: https://telex.hu/gazdasag/2026/09/08/bezar-a-gyori-wkw-460-dolgozot-kuldenek-el</summary>
  </entry>
  <entry>
    <title>🏚️ Ultinon Motion Poland to close Pabianice plant, 474 jobs (Poland)</title>
    <link href="https://eurotrack.ai/en/developments/2479af8c-ultinon-motion-poland-to-close-pabianice-plant-474-jobs/"/>
    <id>tag:eurotrack.ai,2026:2479af8c:en</id>
    <updated>2026-08-26T06:00:00Z</updated>
    <summary>The court-appointed trustee of Ultinon Motion Poland (formerly Philips/Lumileds, known in Pabianice as 'Żarówka'), insolvent since 15 July 2026, notified the district labour office on 26 August 2026 of plans for mass layoffs affecting 474 employees. The over 100-year-old automotive lighting plant is being fully wound down, following financial troubles at US parent First Brands Group (Nowe Życie Pabianic, 28 August 2026). — Source: https://www.nowezyciepabianic.pl/2026/08/28/zwolnienia-grupowe-w-zarowce-prawie-500-osob-straci-prace/</summary>
  </entry>
  <entry>
    <title>📉 JTEKT to cut around 300 jobs at Plzeň plant (Czech Republic)</title>
    <link href="https://eurotrack.ai/en/developments/d7cb8baf-jtekt-to-cut-around-300-jobs-at-plzen-plant/"/>
    <id>tag:eurotrack.ai,2026:d7cb8baf:en</id>
    <updated>2026-08-01T06:00:00Z</updated>
    <summary>The Plzeň car-parts plant of Japan's JTEKT group is cutting around 300 of its 620 jobs — almost half the workforce and the biggest reduction since series production began in 2005. Both production and administrative staff are affected; notices with severance pay will be issued gradually over several months from the end of August 2026, with the company citing group strategy and market conditions. It rules out leaving the Czech Republic. (E15, 01.08.2026) — Source: https://www.e15.cz/byznys/prumysl-a-energetika/plzensky-zavod-jtekt-celi-krizi-v-autoprumyslu-propusti-300-lidi-1434687</summary>
  </entry>
  <entry>
    <title>🏚️ Joyson Safety Systems closes Jibou plant, cutting 96 jobs (Romania)</title>
    <link href="https://eurotrack.ai/en/developments/aa0b0434-joyson-safety-systems-closes-jibou-plant-cutting-96-jobs/"/>
    <id>tag:eurotrack.ai,2026:aa0b0434:en</id>
    <updated>2026-07-29T06:00:00Z</updated>
    <summary>Automotive supplier Joyson Safety Systems (successor to Takata) is shutting down its plant in Jibou in Romania's north-western Sălaj county as of 30 July 2026, after around 15 years of operation since 2011; production moves to Morocco. The closure became public on 29 July 2026 at a session of the Sălaj prefectural council. The collective redundancy procedure was initially filed for 116 employees and then reduced to 96 — a figure also confirmed by Radio România. It is the second mass redundancy in Sălaj county in 2026. — Source: https://www.wall-street.ro/articol/careers/concedieri-masive-la-o-fabrica-de-piese-auto-din-romania.html</summary>
  </entry>
  <entry>
    <title>🏚️ Mata Automotive to close plant in Veľký Krtíš district, 119 jobs (Slovakia)</title>
    <link href="https://eurotrack.ai/en/developments/3b84dc7a-mata-automotive-to-close-plant-in-velky-krtis-district-119/"/>
    <id>tag:eurotrack.ai,2026:3b84dc7a:en</id>
    <updated>2026-07-27T06:00:00Z</updated>
    <summary>On 27 July 2026 the Slovak arm of Turkish automotive supplier Mata Automotive (interior components for premium-segment vehicles) filed for collective redundancy (hromadné prepúšťanie) and will cease operations in the Veľký Krtíš district entirely by 30 November 2026. 119 employees are affected. The company attributes the move to the unfavourable Europe-wide trend in the automotive industry and a fall in customer orders, which prompted management to restructure its business model and withdraw from Slovakia. The source is the Slovak news agency TASR (teraz.sk). — Source: https://www.teraz.sk/ekonomika/mata-automotive-slovakia-ohlasila-hroma/980724-clanok.html</summary>
  </entry>
  <entry>
    <title>🏭 Horse Powertrain builds €45m foundry in Valladolid, 150 jobs (Spain)</title>
    <link href="https://eurotrack.ai/en/developments/f610e508-horse-powertrain-builds-45m-foundry-in-valladolid-150-jobs/"/>
    <id>tag:eurotrack.ai,2026:f610e508:en</id>
    <updated>2026-07-21T06:00:00Z</updated>
    <summary>Horse Powertrain (the Renault–Geely joint venture) is investing €45m in Valladolid in a 3,500 m² foundry for aluminium cylinder heads using tilt casting, with a capacity of 300,000 units per year (expandable by 20%) and around 150 jobs. The site, with over 60 years of Renault history, is thus positioned as a strategic hub for hybrid powertrain technology. — Source: https://www.eldebate.com/espana/castilla-y-leon/20260721/planta-45-millones-consolida-castilla-leon-como-referente-automocion-europa_441698.html</summary>
  </entry>
  <entry>
    <title>🏚️ Gama to close Ancarano plant for good, affecting all 27 jobs (Italy)</title>
    <link href="https://eurotrack.ai/en/developments/b326f38a-gama-to-close-ancarano-plant-for-good-affecting-all-27-jobs/"/>
    <id>tag:eurotrack.ai,2026:b326f38a:en</id>
    <updated>2026-07-15T06:00:00Z</updated>
    <summary>Brake-pad maker Gama Srl formally notified the works council and unions on 15 July 2026 that it was opening a collective dismissal procedure covering all 27 employees and closing its Ancarano plant (province of Teramo) for good. Filctem Cgil Teramo and Ugl Ascoli Piceno criticise the company's unwillingness to negotiate and accuse it of having stopped investing in the site after acquiring it. At a staff meeting on 23 July 2026 employees confirmed the mandate to continue negotiations; the unions are demanding a reorganisation plan that safeguards production and jobs, and any headcount reduction on a strictly voluntary basis. — Source: https://www.collettiva.it/copertine/lavoro/chiude-gama-ancarano-vix3d2bx</summary>
  </entry>
  <entry>
    <title>🏚️ Magna to close Dorfprozelten mirror plant, 216 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/c155fc5c-magna-to-close-dorfprozelten-mirror-plant-216-jobs/"/>
    <id>tag:eurotrack.ai,2026:c155fc5c:en</id>
    <updated>2026-07-13T06:00:00Z</updated>
    <summary>Magna is closing its mirror plant in Dorfprozelten (Lower Franconia) in mid-2027; 216 employees are affected. The closure comes despite a site guarantee agreed in 2023 running until the end of 2028, which IG Metall calls a breach of trust. Update 16 July: pressure is mounting — CSU state MP Martin Stock called for examining a clawback of state subsidies, and the Catholic Workers' Movement accused Magna of 'breaking its word', urging the Bavarian government to reclaim the funding. Update 17 July: the Bavarian economics ministry has served Magna a formal hearing notice on a possible clawback of the subsidies for the BayTP+ project 'LC mirror glass' — up to €2.3 million was approved, of which around €1.2 million has already been paid out (source: Main-Echo). Update (21 Oct 2026): According to IG Metall, Magna declared the talks on a reconciliation of interests failed and wants to continue at another level; the works council decides on 21.10. whether to call the conciliation committee (drweb.de, 21.10.2026). — Sources: https://www.infranken.de/lk/miltenberg/wortbruch-magna-werk-in-dorfprozelten-schliesst-trotz-standort-zusage-art-6379016 · https://www.drweb.de/magna-dorfprozelten-interessenausgleich-gescheitert/</summary>
  </entry>
  <entry>
    <title>🤝 Lone Star to buy Continental unit ContiTech for €4bn (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/3d6e2f5a-lone-star-to-buy-continental-unit-contitech-for-4bn/"/>
    <id>tag:eurotrack.ai,2026:3d6e2f5a:en</id>
    <updated>2026-07-04T06:00:00Z</updated>
    <summary>Continental sells its ContiTech industrial business to Lone Star funds for about EUR 4bn, plus performance-based components of up to EUR 250m in later years. Continental becomes a pure-play tyre maker; completion is expected by end-2026, subject to regulatory approvals (Financier Worldwide, 7 Jul 2026; S&amp;P Global, 14 Jul 2026). — Sources: https://www.financierworldwide.com/fw-news/2026/7/7/continental-sells-contitech-unit-to-lone-star-in-4bn-deal · https://autotechinsight.spglobal.com/news/5289472/continental-agrees-to-sell-contitech-industrial-business-to-lone-star-funds-for-4-billion</summary>
  </entry>
  <entry>
    <title>📉 Bosch closes Engineering Center in Sofia, 670 jobs to go (Bulgaria)</title>
    <link href="https://eurotrack.ai/en/developments/4d71d384-bosch-closes-engineering-center-in-sofia-670-jobs-to-go/"/>
    <id>tag:eurotrack.ai,2026:4d71d384:en</id>
    <updated>2026-07-01T06:00:00Z</updated>
    <summary>Bosch is winding down its Engineering Center in Sofia in phases, cutting about 670 jobs; about 400 employees are affected this year, the rest by 2027, and the closure is to be completed by mid-2027. The head of Robert Bosch EOOD in Bulgaria cites the deep transformation of the car industry, falling production volumes and delayed adoption of new technologies (Novinite, July 2026). — Source: https://www.novinite.com/view_news.php?id=239379</summary>
  </entry>
  <entry>
    <title>🏚️ Mubea closes stabiliser bar plant in Kežmarok, 123 jobs lost (Slovakia)</title>
    <link href="https://eurotrack.ai/en/developments/ac9ef370-mubea-closes-stabiliser-bar-plant-in-kezmarok-123-jobs-lost/"/>
    <id>tag:eurotrack.ai,2026:ac9ef370:en</id>
    <updated>2026-06-26T06:00:00Z</updated>
    <summary>German automotive supplier Mubea is closing its plant for stabiliser bars in Kežmarok; 123 employees lose their jobs, the first left in July 2026 and the last wave is due to conclude by the end of the year. The company cites the prolonged decline of the European market for stabiliser bars; production is being consolidated at the main plant in Spain. The trade union OZ KOVO was consulted before the announcement (Eurofound European Restructuring Monitor, June 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300792</summary>
  </entry>
  <entry>
    <title>🤝 Aequita to acquire Rheinmetall's automotive unit Power Systems (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/2c6f661c-aequita-to-acquire-rheinmetall-s-automotive-unit-power/"/>
    <id>tag:eurotrack.ai,2026:2c6f661c:en</id>
    <updated>2026-06-03T06:00:00Z</updated>
    <summary>Munich-based investor Aequita is taking over Rheinmetall's automotive supply division Power Systems, with the Pierburg, Kolbenschmidt and Motorservice brands, about 6,250 employees and roughly €2bn of annual sales; Reuters puts the price at about €350m. Closing is expected in Q4 2026 (Unternehmeredition, 3 June 2026; Reuters via Marketscreener). Update (29 September 2026): the European Commission cleared the deal as case M.12524 (European Commission, Daily News, 29 September 2026). — Sources: https://www.unternehmeredition.de/aequita-uebernimmt-rheinmetall-sparte-power-systems/ · https://www.marketscreener.com/news/rheinmetall-sells-struggling-auto-division-to-aequita-in-eur350-million-deal-ce7f5ddfdf80f626 · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2003</summary>
  </entry>
  <entry>
    <title>🏚️ Megatech Industries closes plastics plant in Jablonec nad Nisou (Czech Republic)</title>
    <link href="https://eurotrack.ai/en/developments/ca298e41-megatech-industries-closes-plastics-plant-in-jablonec-nad/"/>
    <id>tag:eurotrack.ai,2026:ca298e41:en</id>
    <updated>2026-06-01T06:00:00Z</updated>
    <summary>Megatech, part of Italy's SAPA group, is closing its plant for plastic vehicle parts by 31 December 2026, citing the downturn in the European automotive sector (Eurofound ERM, 1 Jun 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300492</summary>
  </entry>
  <entry>
    <title>📉 Diehl Controls Polska cuts up to 200 jobs in Namysłów (Poland)</title>
    <link href="https://eurotrack.ai/en/developments/7c83877f-diehl-controls-polska-cuts-up-to-200-jobs-in-namyslow/"/>
    <id>tag:eurotrack.ai,2026:7c83877f:en</id>
    <updated>2026-05-20T06:00:00Z</updated>
    <summary>Between February and December 2026, 150 to 200 of about 900 jobs are being cut in monthly stages. The reasons given are cheaper imports, mainly from China, and higher energy and environmental costs; talks are under way with Solidarność (Eurofound ERM, 20 May 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300462</summary>
  </entry>
  <entry>
    <title>🏚️ Inteva closes plant in Rychnov u Jablonce and relocates to Romania (Czech Republic)</title>
    <link href="https://eurotrack.ai/en/developments/c547e803-inteva-closes-plant-in-rychnov-u-jablonce-and-relocates-to/"/>
    <id>tag:eurotrack.ai,2026:c547e803:en</id>
    <updated>2026-05-16T06:00:00Z</updated>
    <summary>The US supplier is closing its automotive-components plant by 31 October 2026 and moving production to Romania; 96 jobs are lost and talks with the unions are under way (Eurofound ERM, May 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/300403</summary>
  </entry>
  <entry>
    <title>🏚️ Mann+Hummel to close its Speyer site, affecting 600 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/0078762b-mann-hummel-to-close-its-speyer-site-affecting-600-jobs/"/>
    <id>tag:eurotrack.ai,2026:0078762b:en</id>
    <updated>2026-04-16T06:00:00Z</updated>
    <summary>The filtration specialist plans to fully close its Speyer site (established 1945) by the end of 2028 at the latest; 600 employees are affected, 400 of them in production. The company cites weak growth in Europe as well as rising energy and labor costs as reasons. — Source: https://www.mann-hummel.com/de/filtrationsunternehmen/news-presse/2026/mann-hummel-prueft-produktionsverlagerung-aus-speyer.html</summary>
  </entry>
  <entry>
    <title>🏚️ Dumarey Powerglide to close Andrézieux-Bouthéon gearbox plant, 266 jobs (France)</title>
    <link href="https://eurotrack.ai/en/developments/b05350d1-dumarey-powerglide-to-close-andrezieux-boutheon-gearbox/"/>
    <id>tag:eurotrack.ai,2026:b05350d1:en</id>
    <updated>2026-03-24T06:00:00Z</updated>
    <summary>Belgium's Dumarey group plans to close its plant in the Loire department, which makes manual and automatic transmissions for lorries and buses and was taken over from ZF in October 2023, before the end of 2026; all 266 jobs will go. Staff were told on 23.03.2026 at an informal meeting; the site's revenue halved in 2024 with a loss of around €10m, and planned electric and hydrogen drive projects never materialised. (ici/France Bleu, 24.03.2026) — Source: https://www.ici.fr/auvergne-rhone-alpes/loire-42/andrezieux-boutheon/la-fermeture-programmee-du-sous-traitant-automobile-dumarey-a-andrezieux-boutheon-8626599</summary>
  </entry>
  <entry>
    <title>📉 Jasplastik-SK cuts 228 jobs in Galanta after Samsung exit (Slovakia)</title>
    <link href="https://eurotrack.ai/en/developments/3caeb0c2-jasplastik-sk-cuts-228-jobs-in-galanta-after-samsung-exit/"/>
    <id>tag:eurotrack.ai,2026:3caeb0c2:en</id>
    <updated>2026-03-19T06:00:00Z</updated>
    <summary>The Slovak subsidiary of the Hungarian Jász-Plasztik group is cutting about 228 jobs at its plant in Galanta, mainly in production. According to the factsheet the cuts are linked to the planned closure of the Samsung plant in Galanta at the end of May 2026, as Samsung was a key customer; the dismissals run as collective redundancy procedures (Eurofound European Restructuring Monitor, March 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/204446</summary>
  </entry>
  <entry>
    <title>🏚️ MD Elektronik closes Vratsa plant with about 550 employees (Bulgaria)</title>
    <link href="https://eurotrack.ai/en/developments/cea19935-md-elektronik-closes-vratsa-plant-with-about-550-employees/"/>
    <id>tag:eurotrack.ai,2026:cea19935:en</id>
    <updated>2026-02-17T06:00:00Z</updated>
    <summary>Automotive electronics maker MD Elektronik is closing its plant in Vratsa in mid-2026; in the coming weeks it will only complete ongoing projects and accept no new orders. About 550 employees are affected, most in production, administration and finance; the company points to the deteriorating market in the European automotive sector with declining volumes and stronger competition (Eurofound European Restructuring Monitor, February 2026). — Source: https://apps.eurofound.europa.eu/restructuring-events/detail/204248</summary>
  </entry>
  <entry>
    <title>📉 Aumovio to cut up to 4,000 R&amp;D jobs worldwide (Germany / International)</title>
    <link href="https://eurotrack.ai/en/developments/0c3660f5-aumovio-to-cut-up-to-4-000-r-und-d-jobs-worldwide/"/>
    <id>tag:eurotrack.ai,2026:0c3660f5:en</id>
    <updated>2026-01-27T06:00:00Z</updated>
    <summary>The automotive supplier Aumovio, spun off from Continental, plans further job cuts of up to 4,000 worldwide in research and development (R&amp;D). The cuts are to be largely completed by the end of 2026. Goal: to reduce the R&amp;D expense ratio to below 10% of revenue by 2027 (a reduction of 2 percentage points). In Germany, a high three-digit number of jobs are to be cut. Aumovio employs over 86,000 people at 100+ sites. The cuts are to be carried out in a socially responsible manner; a voluntary programme is planned for German sites from early March. — Source: https://www.manager-magazin.de/unternehmen/aumovio-weitere-4000-stellen-in-forschung-und-entwicklung-gestrichen-a-c95afa32-6822-4996-8c0f-49e13e738b26</summary>
  </entry>
  <entry>
    <title>📉 Audi unit PSW closes Neckarsulm site, cutting 100 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/69006642-audi-unit-psw-closes-neckarsulm-site-cutting-100-jobs/"/>
    <id>tag:eurotrack.ai,2026:69006642:en</id>
    <updated>2026-01-27T06:00:00Z</updated>
    <summary>The Neckarsulm site will definitively be closed, and around 100 employees will lose their jobs. In total, up to 30% of PSW's 1,000 jobs were to be cut. Reason: intensified competitive pressure, difficult economic conditions, and a reorganisation of the business divisions by Audi. PSW develops concepts for vehicle construction and is significantly involved in car development at Audi. The headquarters near Ingolstadt will be retained. Months of protests (November 2025, January 2026) were unsuccessful. Employees will receive severance or can transfer to the headquarters. — Source: https://www.swr.de/swraktuell/baden-wuerttemberg/heilbronn/psw-schliessung-fix-neckarsulm-ig-metall-audi-mitarbeiter-100.html</summary>
  </entry>
  <entry>
    <title>📉 Valeo cuts a further 134 jobs at its Ebern site (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/2c10406b-valeo-cuts-a-further-134-jobs-at-its-ebern-site/"/>
    <id>tag:eurotrack.ai,2026:2c10406b:en</id>
    <updated>2026-01-25T06:00:00Z</updated>
    <summary>Valeo is again cutting 134 jobs at its Ebern site – already the fourth staff reduction in a row. Affected: 109 jobs in R&amp;D (the area will be almost completely closed), 25 jobs in production-support areas. 37 R&amp;D employees will receive an offer to transfer to Erlangen (centralisation of the Power division). The number of employees fell from 1,650 (2016) to 763. Reason: the site is almost exclusively dependent on the combustion engine and has been loss-making for years. IG Metall criticises the lack of a transformation strategy and innovation. The works council warns: cutting back on R&amp;D puts the future of the site at stake. — Source: https://www.wiesentbote.de/2026/01/25/valeo-kuendigt-erneuten-stellenabbau-am-standort-ebern-an/</summary>
  </entry>
  <entry>
    <title>🏚️ Yanfeng to close its Lüneburg site, affecting 230 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/45b712ac-yanfeng-to-close-its-lueneburg-site-affecting-230-jobs/"/>
    <id>tag:eurotrack.ai,2026:45b712ac:en</id>
    <updated>2026-01-21T06:00:00Z</updated>
    <summary>Chinese automotive supplier Yanfeng is closing its Lüneburg site by the end of 2027. Production and development of vehicle interior parts. 230 employees are affected. Relocation to an existing site in the Czech Republic is planned. Reason: to secure competitiveness on the global market. The union IG Bergbau, Chemie, Energie (IGBCE) is puzzled by the shutdown, as there is said to be sufficient work for the remaining 230 employees. — Source: https://www.ndr.de/nachrichten/niedersachsen/lueneburg_heide_unterelbe/autozulieferer-yanfeng-schliesst-lueneburger-standort-bis-2027,aktuelllueneburg-1052.html</summary>
  </entry>
  <entry>
    <title>🤝 Harman to acquire ZF's ADAS business for €1.5bn (Vereinigte Staaten / South Korea / Germany)</title>
    <link href="https://eurotrack.ai/en/developments/1c35f26b-harman-to-acquire-zf-s-adas-business-for-1-5bn/"/>
    <id>tag:eurotrack.ai,2026:1c35f26b:en</id>
    <updated>2025-12-23T06:00:00Z</updated>
    <summary>Harman, a Samsung Electronics subsidiary, is buying ZF Group's driver-assistance business (cameras, radars, central compute and software) for €1.5bn; Samsung announced the agreement on 23 December 2025. Update (12 Oct 2026): the European Commission cleared Harman's acquisition of sole control of ZF Capri under the EU Merger Regulation without competition concerns (Reuters via Yahoo Finance, 23 Dec 2025; second source: Evertiq, 26 Dec 2025; European Commission, 12 Oct 2026). — Sources: https://finance.yahoo.com/news/samsung-elec-unit-harman-acquire-080455103.html · https://evertiq.com/news/2025-12-26-harman-to-acquire-zfs-adas-business-for-15-billion · https://ec.europa.eu/commission/presscorner/detail/en/mex_26_2138</summary>
  </entry>
  <entry>
    <title>📉 Musashi closes its Leinefelde machining unit, cutting 200 jobs (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/8d12bafa-musashi-closes-its-leinefelde-machining-unit-cutting-200/"/>
    <id>tag:eurotrack.ai,2026:8d12bafa:en</id>
    <updated>2025-12-08T06:00:00Z</updated>
    <summary>Closure of the machining operation in Leinefelde; 200 employees affected. The forge with 60 jobs will be retained until at least 2028 (agreed in an arbitration round). Severance payments, further qualification and job assistance are planned. Reason: a decline in demand for combustion-engine components in the wake of the automotive crisis. — Source: https://www.mdr.de/nachrichten/thueringen/nord-thueringen/eichsfeld/musashi-auto-wirtschaft-entlassung-100.html</summary>
  </entry>
  <entry>
    <title>📉 AVL to cut a further 100 jobs in Graz (Austria)</title>
    <link href="https://eurotrack.ai/en/developments/ef2e210b-avl-to-cut-a-further-100-jobs-in-graz/"/>
    <id>tag:eurotrack.ai,2026:ef2e210b:en</id>
    <updated>2025-11-20T06:00:00Z</updated>
    <summary>AVL is cutting a further 100 jobs in Graz (out of around 3,600 employees at the site). Hundreds of cuts had already been announced in summer 2025. The automotive supplier is suffering from a sales slump and the transformation of the industry. — Source: https://kurier.at/wirtschaft/avl-graz-stellen-abbau-kuendigungen/403104926</summary>
  </entry>
  <entry>
    <title>📉 SFS Group closes Flawil plant, cutting 75 jobs (Switzerland)</title>
    <link href="https://eurotrack.ai/en/developments/5fc1ac1d-sfs-group-closes-flawil-plant-cutting-75-jobs/"/>
    <id>tag:eurotrack.ai,2026:5fc1ac1d:en</id>
    <updated>2025-10-23T06:00:00Z</updated>
    <summary>The SFS Group is closing its plant in Flawil SG; of a total of 110 jobs, an estimated 75 will be cut, while some of the jobs are to be relocated to Heerbrugg. Cross-reference: same case as the closures entry of the same day (Flawil plant closure); the figure is carried there and set to null here to avoid double counting. — Source: https://www.blick.ch/wirtschaft/krise-spitzt-sich-dramatisch-zu-st-galler-autozulieferer-schliesst-ganze-fabrik-110-jobs-weg-id21353138.html</summary>
  </entry>
  <entry>
    <title>🏚️ SFS Group to close its Flawil plant, cutting 75 of 110 jobs (Switzerland)</title>
    <link href="https://eurotrack.ai/en/developments/9b11a4d6-sfs-group-to-close-its-flawil-plant-cutting-75-of-110-jobs/"/>
    <id>tag:eurotrack.ai,2026:9b11a4d6:en</id>
    <updated>2025-10-23T06:00:00Z</updated>
    <summary>SFS is closing its plant in Flawil due to weak demand in the European automotive industry; 75 of 110 jobs are affected, with 35 jobs planned to be relocated to Heerbrugg. The closure is staggered between April 2026 and mid-2027. Update (18.11.2025): after the consultation process the closure is final; the six proposals put forward by staff offered no viable alternative. The 75 dismissals will be staggered from April 2026 to mid-2027 and 35 cold-forming jobs will move to Heerbrugg; SFS left the exact closure date open (SRF, 18.11.2025). Update (18.11.2025): according to the Rheintaler, SFS confirmed after the consultation the timeframe it had set out in October: operations in Flawil will cease by the end of 2027 (Rheintaler, 18.11.2025). Update (06.10.2026): According to its 2026 half-year report, SFS sold its European deep-drawing business to Adval Tech effective 07.07.2026; presses and customer orders will be transferred gradually over the coming year, the Flawil site will close by the end of 2027 and cold forming moves to Heerbrugg (SFS Group, half-year report 2026). — Sources: https://www.msn.com/de-ch/nachrichten/other/sfs-schliesst-werk-in-flawil-75-jobs-fallen-weg/ar-AA1QFZTi · https://www.rheintaler.ch/artikel/keine-rettung-sfs-schliesst-das-werk-in-flawil-75-stellen-werden-abgebaut/ · https://www.sfs.biz/downloads/investor-relations/publications/half-year-report-2026.pdf</summary>
  </entry>
  <entry>
    <title>📉 ZF to cut 7,600 jobs in its e-drive division (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/511e2277-zf-to-cut-7-600-jobs-in-its-e-drive-division/"/>
    <id>tag:eurotrack.ai,2026:511e2277:en</id>
    <updated>2025-10-01T06:00:00Z</updated>
    <summary>ZF Group is cutting around 7,600 jobs in the electrified drive technology area by 2030, in order to respond to falling demand and the technological shift in the powertrain. — Source: https://www.reuters.com/world/europe/germanys-zf-group-cut-7600-jobs-powertrain-unit-2030-2025-10-01/</summary>
  </entry>
  <entry>
    <title>📉 Bosch to cut 13,000 more jobs worldwide (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/35f8c622-bosch-to-cut-13-000-more-jobs-worldwide/"/>
    <id>tag:eurotrack.ai,2026:35f8c622:en</id>
    <updated>2025-09-25T06:00:00Z</updated>
    <summary>Bosch has announced around 13,000 additional job cuts worldwide, primarily at German sites in its supplier division. — Source: https://www.srf.ch/news/wirtschaft/weltgroesster-autozulieferer-bosch-will-weltweit-etwa-13-000-weitere-jobs-abbauen</summary>
  </entry>
  <entry>
    <title>📉 Continental to cut 580 jobs at four ContiTech sites (Germany)</title>
    <link href="https://eurotrack.ai/en/developments/314c9a04-continental-to-cut-580-jobs-at-four-contitech-sites/"/>
    <id>tag:eurotrack.ai,2026:314c9a04:en</id>
    <updated>2025-01-30T06:00:00Z</updated>
    <summary>Closure of four ContiTech sites in Germany, with a total of around 580 affected jobs. — Source: https://www.reuters.com/markets/europe/continental-close-four-plants-germany-rubber-division-2025-01-30/</summary>
  </entry>
</feed>
