egmCarTech

Italian premium brake manufacturer Brembo announced yesterday that it will lay off 1,840 workers as the auto industry continues on a downward trend. To keep production in line with demand, Brembo said it will continue temporary lay-offs along with other saving controls. Brembo plans on laying-off 540 and 680 white collar workers for 20 days [...]

Popular Italian brake manufacturer Brembo is looking to transform itself into a more mass-market brake supplier by taking over North America – most importantly Detroit. How does Brembo want to do that? Of course Brembo will use its already popular name, high-performance racing connection and by its recent acquisition of the brake component division of U.S. supplier Hayes-Lemmerz [...]