AKWEL

H1 only just in the black / French automotive supplier focusing on components for e-mobility

NOVARES

Financing of EUR 146m to secure continued business

NOVARES

Competitors Akwel and Motherson consider takeover / Seven candidates register with commercial court

AUTOMOTIVE SUPPLY

ContiTech declares force majeure at its sites in all countries affected by Covid-19 / Akwel halts or reduces production

AUTOMOTIVE INDUSTRY

Sales slump puts sector under pressure in Germany and Europe / Weakness especially apparent with SCR tanks for diesel vehicles / Situation could mean a breather for plastics processors / Brexit and e-car issues

MGI COUTIER

Car components supplier now called Akwel / Targeted turnover of EUR 1.2 bn