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Schaeffler Divests Turbocharger Business in China
Summary by onetz.de
2 Articles
2 Articles
After the merger with Vitesco, the Franconian industrial group has cleared its portfolio. The business with humanoid robots is to provide new impetus.
Job cuts, a software upgrade, and exchange rate fluctuations are impacting the automotive supplier's results. However, progress is being made in the restructuring efforts at Vitesco.
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