AUTOMOTIVE INDUSTRY

Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable

NOVARES

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

TECHNIPLAS

Another major bankruptcy in automotive industry / Former Weidmann plants in Europe unaffected for now

WEIDPLAS

Weidmann's former Automotive & Industrial business renamed as part of integration into Techniplas

WEIDMANN

Agreement reached to sell "Automotive & Industrial" activities to US Techniplas