The Automotive Technology business segment of thyssenkrupp AG (thyssenkrupp) announced that it had signed a memorandum of understanding (MoU) with Suzhou Inovance Automotive Co., Ltd. (Inovance Automotive) to pursue strategic cooperation in the field of steer-by-wire technology.
The two companies will combine thyssen

thyssenkrupp AG (thyssenkrupp) announced that its Automotive Technology business unit has officially inaugurated a new engineering center at the Solitaire Business Hub 2 in Pune, India. 
The new center employs more than 120 engineers across software, hardware, systems, and mechanical development, with plans to increa

thyssenkrupp AG (thyssenkrupp) announced that it will realign its Automotive Technology chassis business by combining global technology and development capabilities with greater regional accountability in Europe, China, and North America.  
The new organization is scheduled to take effect on January 1, 2027. It is in

thyssenkrupp AG (thyssenkrupp) announced that thyssenkrupp Rasselstein GmbH is constructing a large-scale ground-mounted photovoltaic (PV) system on its Andernach plant grounds in Germany, with completion scheduled for mid-2027.
The project is being carried out in collaboration with VSB Integrated Energy Solutions Gm

TKAS Auto Steel Co., Ltd. (TAGAL) announced that it has established a wholly owned subsidiary, TKAS Auto Steel (Shanghai) Company Ltd., positioned as a comprehensive service platform integrating sales, operation and innovation.
Established in 2002, TAGAL is a 50-50 joint venture between Angang Steel Company Limited a

thyssenkrupp AG (thyssenkrupp) has sold its remaining 15% stake in Acciai Speciali Terni S.p.A. (AST) to the Italian Arvedi Group. This marks the final completion of the transaction agreed in 2021 for the sale of the stainless steel plant in Terni, Italy, including the associated sales organizations in Germany, Italy

thyssenkrupp AG (thyssenkrupp) announced that thyssenkrupp Automotive Technology is restructuring its activities in Hungary as part of ongoing transformation of its international automotive business.
The steps are expected to impact approximately 200 positions in development-related functions, while creating around 6

thyssenkrupp AG (thyssenkrupp) announced that its Automotive Technology segment and the EDAG Group are developing a demonstrator for Vehicle Motion Control (VMC), a software-based system for coordinating vehicle motion.
The project validates VMC from simulation and driving simulator environments through a fully funct

On June 3, thyssenkrupp Steel announced that it has resumed trial operation at Hot Strip Mill 4 at its Duisburg site following extensive repair work. On October 24, 2025, a fire occurred in the furnace area due to a deflagration. The furnaces and parts of the roof structure were damaged.
The company has repaired or r

thyssenkrupp AG (thyssenkrupp) announced that thyssenkrupp Presta North America, LLC, part of its Automotive Technology segment, plans to close its production site in Terre Haute, Indiana, by March 31, 2027.
The affected production activities in the chassis business are expected to be reorganized, with a focus on thy

thyssenkrupp AG (thyssenkrupp) announced during its Q2 of fiscal year 2025/2026 results that it continues to advance its ACES 2030 transformation strategy.
The focus is on the transition of the group to a financial holding company, serving as the umbrella for independent companies.
In the Automotive Technology segmen

On May 2, thyssenkrupp AG and Jindal Steel International decided to pause discussions about the company acquiring a stake in thyssenkrupp Steel Europe. The original assumptions and prerequisites for a potential sale of thyssenkrupp Steel have significantly changed in recent months. thyssenkrupp has made significant p

thyssenkrupp Steel Europe AG, a subsidiary of thyssenkrupp AG, is allocating EUR 2.4 million to upgrade its laboratory facilities at the Duisburg-Schwelgern site in Germany, supporting its transition toward climate-neutral steel production and hydrogen-based processes.
The investment builds on the existing blast furn

thyssenkrupp Steel Europe AG and its subsidiary thyssenkrupp Electrical Steel, part of thyssenkrupp AG, showcased products, process solutions, and application examples for electromobility and the energy transition at Coiltech 2026 in Augsburg, Germany.
Highlights include the powercore traction NGO 020 120Y420 grade,

On March 16, the U.S. government closed the Rapid Response Labor Mechanism case against ThyssenKrupp Springs & Stabilizers' plant in San Luis Potosí, Mexico, after determining that labor rights violations had been remediated.
The case originated from a worker complaint alleging denial of rights, which activated the U

thyssenkrupp AG (thyssenkrupp) announced that the thyssenkrupp Automotive Systems Test Center in Essen has entered into a strategic partnership with Alliance des laboratoires d’essai européenne GmbH (ALEE), a Technical Service designated by the German Federal Motor Transport Authority (KBA) for vehicle and component

thyssenkrupp AG (thyssenkrupp) announced that thyssenkrupp Automotive Body Solutions GmbH has become a member of the Innovation Park Artificial Intelligence (IPAI), an applied AI innovation platform, to further strengthen its focus on AI-enabled and robotics-driven solutions.
This move supports the company’s strategi

On February 23, thyssenkrupp Steel announced that it will supply bluemint recycled CO₂-reduced steel to the BMW Group from 2026 for use in series production, for the outer panels, interior parts, and battery housing of the BMW iX3. The material has a high proportion of recycled material and achieves CO₂ savings verif

thyssenkrupp AG has inaugurated a new assembly plant in Allershausen near Munich, Germany, dedicated to producing front and rear axles for new BMW vehicle generations.
Operated by thyssenkrupp Automotive Systems GmbH, the facility spans approximately 19,000 sqm for production and logistics space and is designed for h

thyssenkrupp Steel Europe AG, a subsidiary of thyssenkrupp AG, has signed 4 Power Purchase Agreements (PPAs) securing supply of around 230 GWh of green electricity to further decarbonize its steel production.
The PPAs will supply additional green electricity to the subsidiaries, thyssenkrupp Rasselstein, thyssenkrupp