Continental AG says it plans to slash 1,500-2,000 jobs worldwide over the next two years as it restructures its powertrain division. Half of the job cuts will be in production, a third in administration and the remainder in research and development. As part of the restructuring, Karl-Thomas Neumann will assume responsibility for the powertrain division in addition to his duties on the Continental board. In February, Continental announced it would cut 2,000 jobs worldwide at Siemens VDO ...
Premium Content (PAID Subscription Required)
"Supplier Roundup" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642