KOSTAL

German automotive supplier closes three domestic plants / Drastic job cuts and losses / Relocation to Hungary

TAKATA

Japanese airbag manufacturer makes bankruptcy application / US competitor Key Safety Systems takes over activities

CHINA

Giant's appetite satiated for now / 13th Five-Year Plan calls for more competition, prosperity and environmental protection / State monopoly in petchem sector to be reduced / Investments in Europe skyrocket

PREH

Mexico plant expanded / Catering to North American OEMs

PREH

Affirming intention to form joint venture with automotive supplier Joyson / 2010 proposed as starting date