The proposed merger of Vitesco and Schaeffler, if it is completed as expected, will create a new EV-focused megasupplier to rival ZF, Valeo, Robert Bosch and BorgWarner, with an order book of about 40 billion euros.
The proposed merger of Vitesco and Schaeffler, if it is completed as expected, will create a new EV-focused megasupplier to rival ZF, Valeo, Robert Bosch and BorgWarner, with an order book of about 40 billion euros.
While the new rule is a win for Canada, the non-U.S. content of every Canadian-assembled car shipped south of the border has been, and will continue to be, tariffed at 25 per cent.”