FAURECIA

Financing the Hella takeover: sale of auto-interior specialist SAS to India's Motherson

CHINA

Covid-19 restrictions in Shenzhen mostly lifted / Plastics use in car components grows in 2021 / Auto production surpasses pre-pandemic mark

HELLA

Expansion of Austrian facility / Russian operations suspended / Management shake-up after Faurecia takeover

POLYAMIDE

European consumption to exceed 1m t/y again / Pandemic sparks major decline / AWJ predicts rapid recovery / E-mobility drives sales / Recycling an integral part of market

AUTOMOTIVE INDUSTRY

First edition of new "IAA" motor show in Munich loses exhibitors / PwC survey: 70% Germans, 97% Chinese willing to change mobility behaviour

STS

Vehicle components supplier to divest its Acoustics segment / Supervisory board replaces CEO

AUTOMOTIVE INDUSTRY

Global prospects for 2019 at best subdued / Job losses and plant closures expected / European manufacturers face big decisions

RECTICEL

Initial move to sell Automotive division / Insulation business to be strengthened

AUTOMOTIVE SUPPLY

EU imposes a EUR 27m fine on car headlights manufacturers

AUTOMOTIVE INDUSTRY

EU Commission imposes stiff penalties on suppliers of air conditioning and heat management systems

FAURECIA

Patrick Koller appointed CEO / Delabrière remains board chairman

EUROPEAN POLYAMIDE MARKET

Polymer consumption reaches about 1m t/y / Automotive industry as main driver / Production capacities difficult to distinguish / Independent compounders make up one-third of the market / AWJ study

PEOPLE

Christine Bénard appointed new CEO of Mecaplast