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30 Sep
16:17

Thyssenkrupp cuts back on automotive engineering

Thyssenkrupp group is realigning its automotive engineering business, in the process cutting back on staff capacity, and potentially looking for partners/buyers. In the coming months the current System Engineering business unit will be split into two independent business units, Kallanish hears from the group. The aim is to create two independent companies with different product ranges. One will be an engineering company specialising in body assembly lines which …
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