thyssenkrupp sells remaining 15% stake in Acciai Speciali Terni to Arvedi 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, and Turkey. The transaction makes Arvedi the sole owner ...

News  Updated at: 2026/06/12

thyssenkrupp Automotive Technology realigns activities in Hungary 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 60 new positions in globally focused business support functions in ...

News  Updated at: 2026/06/11

thyssenkrupp and EDAG Group develop Vehicle Motion Control demonstrator for SDVs 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 functional demonstrator vehicle. It combines thyssenkrup...

News  Updated at: 2026/06/04

thyssenkrupp Steel resumes rolling at Hot Strip Mill 4 in Duisburg, Germany 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 replaced the damaged components as well as implemented te...

News  Updated at: 2026/06/03

ipped from SVOLT’s plant in Suining, China to Germany, with delivery expected in less than one month. The prototypes of the new NMC+ battery were tested and approved by existing customers over the past few months ahead of mass production. The production lines are being upgraded with support from thyssenkrupp, with the work expected to be completed by June 2026. The company said that orders for its high-performance NMC+ battery packs have almos...

News  Updated at: 2026/06/03

thyssenkrupp plans to close Terre Haute plant in USA by March 31, 2027 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 thyssenkrupp Bilstein of America, Inc. in Hamilton, Ohio, which ...

News  Updated at: 2026/05/19

thyssenkrupp accelerates ACES 2030 transformation strategy 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 segment, thyssenkrupp is adjusting its portfolio to ensure profitable growth an...

News  Updated at: 2026/05/13

thyssenkrupp and Jindal International Steel pause talks regarding stake in thyssenkrupp Steel 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 progress in realigning its steel segmen...

News  Updated at: 2026/05/04

thyssenkrupp Steel expands lab capabilities to support green steel transition 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 furnace laboratory, enhancing its ability to evaluate raw ...

News  Updated at: 2026/03/27

Coiltech 2026: thyssenkrupp Steel presents products for electromobility and energy transition 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, engineered for highly efficient elect...

News  Updated at: 2026/03/26

ThyssenKrupp plant in Mexico passes RRLM revision 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 USMCA mechanism. As part of the remediation process, the company reinstated two wo...

News  Updated at: 2026/03/19

thyssenkrupp Automotive Systems Test Center and ALEE partner on durability testing 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 testing and type approval. The collaboration a...

News  Updated at: 2026/03/09

thyssenkrupp Automotive Body Solutions joins IPAI platform to advance AI-driven manufacturing 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 strategic transformation from traditional pl...

News  Updated at: 2026/03/02

thyssenkrupp Steel supplies bluemint Steel for series production of BMW iX3 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 verified by TÜV Süd compared to conventional steel. blu...

News  Updated at: 2026/02/23

thyssenkrupp opens new axle assembly plant in Allershausen, Germany 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 highly automated assembly operations. The company invested a mid...

News  Updated at: 2026/02/12

thyssenkrupp Steel accelerates decarbonization with additional PPAs for green electricity 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 Precision Steel, and thyssenkrupp Electri...

News  Updated at: 2026/02/09

TSR Group supplies TSR40 for thyssenkrupp Steel’s bluemint recycled steel thyssenkrupp Steel Europe AG, a subsidiary of thyssenkrupp AG, has signed a long-term supply agreement with TSR Group (TSR) for the TSR40 recycled steel product for thyssenkrupp Steel’s bluemint. TSR40, which has been produced at TSR’s recycling plant in Duisburg since 2023 and at its sites in Hamburg and Amsterdam since 2024, is made from post-consumer material such ...

News  Updated at: 2025/12/24

Cell Impact and thyssenkrupp Automation Engineering partner on flow plates Cell Impact AB and thyssenkrupp Automation Engineering have signed a strategic cooperation agreement to jointly develop and market flow plates and manufacturing processes for fuel cells and electrolyzers. The cooperation builds on a Letter of Intent agreed upon in July 2025 and aims to supply cost-effective and high-quality flow plates to customers worldwide. It is based o...

News  Updated at: 2025/11/14

thyssenkrupp Steel presents solutions for lightweight construction and sustainable mobility at Blechexpo 2025 thyssenkrupp Steel Europe AG, a subsidiary of thyssenkrupp AG, announced that it will present solutions for lightweight construction and sustainable mobility at Blechexpo 2025 in Stuttgart, Germany, from October 21 to 24. The company will unveil InPart Solutions, a new concept developed to reduce the number of components in car body and c...

News  Updated at: 2025/10/21

BILSTEIN, Germany to supply DampTronic suspension system for SAIC’s IM LS7 EV On August 21, BILSTEIN, part of thyssenkrupp AG, announced that it has been selected as the shock absorber supplier for SAIC’s new fully electric luxury SUV, the IM LS7. The model will have its BILSTEIN’s advanced semi-active DampTronic system, which includes not only the shock absorbers but also the suspension control software. The system was developed in German...

News  Updated at: 2025/08/25