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The Nexus
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automotive sector

Coverage of automotive sector in the Nexus archive.

Earliest in view: Apr 27 · 05:58 UTCMost recent: Jun 29 · 23:00 UTC
Co-mentioned in this coverage
Volkswagenorganization1German politiciansorganization1Friedrich Merzperson1Chinese competitorstopic1US tariffstopic1Rheinmetallorganization1Aequitaorganization1Axel Geuerperson1Power Systems divisiontopic1Ukraine wartopic1KS Huayu AluTechorganization1Dermalog SensorTecorganization1Pierburgorganization1Apollo Global Management Inc.organization1Forviaorganization1Auto Interiors Unittopic1€1.82 billiontopic1acquisitiontopic1
Recent coverage
  • BUSINESSJun 29 · 23:00 UTCSEMAFOR
    Planned VW layoffs add to Berlin's woes

    German politicians aim to block Volkswagen's plan to cut 100,000 jobs and close factories, citing pressure from Chinese competitors and US tariffs. The proposed layoffs could face resistance from VW's supervisory board, which includes state politicians and labor union representatives, compounding challenges for Chancellor Friedrich Merz's government.

  • BUSINESSJun 4 · 11:01 UTCDEFENSE NEWS
    Rheinmetall sells struggling auto division to focus on defense

    Rheinmetall will sell its Power Systems automotive unit to Aequita for €350 million to focus on defense. The sale, expected to close in Q4, includes retaining 6,250 employees but excludes certain assets like KS Huayu AluTech locations and Dermalog SensorTec.

  • BUSINESSApr 27 · 05:58 UTCBLOOMBERG
    Apollo Acquires Forvia’s Auto Interiors Unit for €1.82 Billion

    Apollo Global Management Inc. has acquired Forvia’s auto interiors unit for €1.82 billion. The transaction involves Apollo's expansion in the automotive sector through this strategic acquisition.