German auto crisis deepens as supplier announces job cuts, site closures

2026-11-03 FMT 0

Core Tip: Schaeffler Group has faced stiff competition, particularly from Chinese manufacturers, for its key products including ball bearings and electric vehic

Schaeffler Group has faced stiff competition, particularly from Chinese manufacturers, for its key products including ball bearings and electric vehicle components.

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German auto crisis deepens as supplier announces job cuts, site closures

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