Continental Presents Aumovio at IAA Mobility
New brand identity focusing on future technologies. Continental will present its automotive business under the new brand name Aumovio for the first time at the upcoming IAA Mobility 2025. The traditional Hanover-based group published a press release to this effect last Thursday. In the independent technology company Aumovio, Continental has bundled its automotive expertise, according to its own statement. The IAA Mobility will take place from 9th to [...]
ZF supplies Hyundai Motor Company
Electronically controlled air suspension for Hyundai buses ZF's Commercial Vehicle Solutions (CVS) division has begun series production of the latest generation of its OptiRide ECAS electronically controlled air suspension for Hyundai Motor Company. This means the system will now also be used in buses from the South Korean vehicle manufacturer. Slim system architecture The fifth generation of OptiRide is characterised by the [...]
Flix buys high-speed trains
65 trains from the Spanish manufacturer Talgo The mobility service provider Flix is investing up to 2.4 billion euros in its railway division, Flixtrain. For this purpose, Flixtrain ordered 65 high-speed trains last Tuesday. According to the company, the trains will be built by the Spanish manufacturer Talgo. Talgo is also expected to take over certain maintenance services. Siemens will supply the locomotives. According to Flix's press release, [...]
Thyssenkrupp: Strategic realignment
Is a breakup imminent? On Monday afternoon, Thyssenkrupp announced plans for the strategic realignment of the group. Simultaneously, rumours of a breakup emerged in the business world and the media. According to the press release from the traditional industrial company, the Executive Board of Thyssenkrupp AG has made significant progress in developing a strategic target concept for the future direction of the entire group. Later this [...]
Thyssenkrupp Marine Systems: Submarine order from Singapore
Positive market development in the marine sector Thyssenkrupp Marine Systems (TKMS), the marine division of the Thyssenkrupp group, has received an order for two submarines from Singapore. TKMS and Singapore's Defence Science and Technology Agency (DSTA) signed an agreement for this on May 7th, as TKMS reported in a press release. High order backlog With this order for two submarines of the Type 218SG […]
Samsung buys German ventilation manufacturer
Acquisition of the long-established FläktGroup Samsung, a technology group particularly known for its mobile phones, acquires FläktGroup, a ventilation specialist based in Herne. FläktGroup's roots go back to the year 1909. According to its own statement, FläktGroup is one of the market leaders for energy-efficient indoor air solutions and critical air functions. The company has existed in its current form since 2016 [...]
Bayer reorganises agricultural division in Germany
Focus on strategic technologies and relocation from Frankfurt Bayer recently announced changes to its agricultural division in Germany. According to a press release, the company is reorganising the activities of its Crop Science division in the areas of production and research and development of plant protection products in Germany. The long-standing company sees this step as necessary, according to its own statement, for […]
Rheinmetall in the direction of space
Joint venture with ICEYE for satellite production Defence manufacturer and automotive supplier Rheinmetall and satellite manufacturer ICEYE intend to establish a new joint venture for satellite production. The two companies signed a letter of intent on 8 May 2025, as Rheinmetall and ICEYE announced. The press release was published on Rheinmetall's website in German and on the website [...]
Brose sells business with e-bike drives
Acquisition by Yamaha is part of Brose's realignment Brose announced on Monday that it is divesting its e-bike drive business. According to the press release from the Coburg-based family company, Yamaha Motor Co., Ltd. will take over this business area. If antitrust authorities approve, the press release states that Brose's e-bike drive and system business will become part of Motor […]
Siemens receives Hermes Award 2025
Annual innovation prize at the Hannover Messe Siemens has been honoured with the Hermes Award. According to Deutsche Messe AG, the Munich-based technology group received the innovation prize for its AI-supported Industrial Copilots. According to the trade fair company's press release, these cover the entire industrial value chain. Deutsche Messe AG Industry Award The winner of the award was selected from three [...]