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Schaeffler expands into EV motors as core ball-bearings business comes under threat

Schaeffler has taken full control of high-performance electric-motor manufacturer Compact Dynamics as the supplier aims to strengthen its position in the race to develop EVs.


Ferrari plans production boost as supercar sales jump, report says

Ferrari plans to boost production by doubling assembly shifts to two a day in 2018 as deliveries are on pace to reach its 9,000-vehicle target a year earlier than scheduled, a source told Bloomberg.

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