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Europe, Michelin and Schaeffler
Michelin to close two French plants in latest blow to Europe's auto sector
Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's embattled automotive sector comes under increasing pressure.
Europe’s Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.
Europe auto struggles lead to cuts at Michelin, Germany's Schaeffler
French tyre company Michelin said Tuesday it would close two French plants by early 2026 and German parts maker Schaeffler announced 4,700 job cuts, the latest signs of struggles in
Michelin to close two French plants amid waning market share
Michelin will close two factories in France by early 2026 affecting about 1,250 jobs, the French tyre maker said on Tuesday, the latest cutback in a European auto industry battling subdued demand and cheap Asian competition.
Michelin Plans to Cut Around 1,250 Jobs With Closure of Two French Factories
The automotive manufacturer said it would shut down its production sites in Cholet and Vannes by early 2026 at the latest.
'Black day': French workers protest Michelin plans to close two plants
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over
Russia, Europe
Russia Suspected of Plotting to Send Incendiary Devices on U.S.-Bound Planes
Western officials say two incendiary devices were part of a covert Russian operation targeting cargo or passenger aircraft flying to the U.S. and Canada.
Russia suspected in plot to target cargo planes in Europe and the U.S.
Officials say proxies working for Russia were likely behind bombs destined for DHL flights in Europe, and U.S.-bound planes may have been a future target.
Russia Suspected of Sending Explosive Packages on Planes to Europe and Canada
Officials from multiple European intelligence agencies have since identified the devices as part of a broader Russian plan, with Poland’s National Prosecutor’s Office confirming the arrest of four individuals suspected of involvement in sabotage operations linked to foreign intelligence.
1d
China's messy EV dispute with Europe keeps trade tensions in check
Among the bloc's 27 member states, 10 voted for the tariffs, five voted against and 12 abstained. Germany,
Europe
's biggest ...
23h
Europe Braces for US Election Fallout
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.
Politico Europe
1h
Mark Rutte: North Korean troops in Europe marks turning point
Putin certainly isn’t getting this support for free. The Russian president is propping up Kim Jong Un’s cash-strapped regime ...
Reuters on MSN
2d
Hungary's Orban says Trump victory would force Europe to rethink support for Ukraine
BUDAPEST (Reuters) -
Europe
will need to rethink its support of Ukraine if Donald Trump is elected president of the United ...
中国日报网
2h
China-Europe SMILE satellite to depart for Europe
The SMILE is about to depart for Europe. It is scheduled for launch by the end of 2025 from Europe's space launch site in ...
3d
on MSN
How Europe is preparing for a possible second Trump presidency
European officials are strategizing on how to avoid a trade war, how to “Trump-proof” security arrangements and how to deal ...
Radio Free Europe/Radio Liberty
20h
Wider Europe Briefing: Orban Is Getting His Big Moment
Deep Background: Another issue to be discussed at the EPC, and particularly the informal EU summit, will be the October 26 ...
BBC
1d
Ex-Swan Gyokeres now the talk of Europe
He may have struggled for game time during a brief spell with Swansea City - but now Viktor Gyokeres is the talk of
Europe
.
9d
Criminals are looting millions from ATMs in Europe. Here’s why Germany is a prime target
In the early hours of Thursday, March 23, 2023, residents in the German town of Kronberg were woken from their sleep by ...
The Associated Press on MSN
6d
What to know about Europe’s tariffs on Chinese electric vehicles
BYD’s Seal U Comfort model sells for the equivalent of 21,769 euros ($23,370) in China but 41,990 euros ($45,078) in Europe, ...
19h
Coca-Cola Europacific Partners cuts annual sales forecast on weak Europe demand
Coca-Cola Europacific Partners , a bottling unit of Coca-Cola , lowered its annual sales forecast on Tuesday in response to ...
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