Showing 1 to 8 of 8 results
Audi profit plunges 33%, prompting 7,500 job cuts
Audi's 2024 profits fell 33% to €4.2 billion, leading to a planned reduction of 7,500 jobs by 2029, primarily administrative roles, while investing €8 billion in German plants for electric vehicle production; the company cites parts shortages, reduced Chinese demand, and the Brussels plant closure a...
Audi profit plunges 33%, prompting 7,500 job cuts
Audi's 2024 profits fell 33% to €4.2 billion, leading to a planned reduction of 7,500 jobs by 2029, primarily administrative roles, while investing €8 billion in German plants for electric vehicle production; the company cites parts shortages, reduced Chinese demand, and the Brussels plant closure a...
Progress
36% Bias Score
Audi to Cut 7,500 German Jobs Amidst Declining China Sales
Audi will cut 7,500 jobs in Germany by 2029 to improve competitiveness, investing €8 billion in German plants while facing declining sales in China due to increased competition; this follows a similar move by Volkswagen and reflects struggles in the German auto industry.
Audi to Cut 7,500 German Jobs Amidst Declining China Sales
Audi will cut 7,500 jobs in Germany by 2029 to improve competitiveness, investing €8 billion in German plants while facing declining sales in China due to increased competition; this follows a similar move by Volkswagen and reflects struggles in the German auto industry.
Progress
44% Bias Score
Audi Brussels Factory Closure: 3,000 Job Losses, Potential Military Conversion
Audi's Brussels factory closed in February 2024, impacting 3,000 workers after production cuts and a failed search for a buyer; production shifted to China and Mexico due to lower profit margins; potential repurposing into weapons manufacturing is proposed.
Audi Brussels Factory Closure: 3,000 Job Losses, Potential Military Conversion
Audi's Brussels factory closed in February 2024, impacting 3,000 workers after production cuts and a failed search for a buyer; production shifted to China and Mexico due to lower profit margins; potential repurposing into weapons manufacturing is proposed.
Progress
40% Bias Score
Audi Brussels Plant Closure: €300 Million Severance Deal Reached
Audi's Brussels plant, which produced the Q8 e-tron, closed after failed negotiations and worker protests, resulting in a €300 million severance package for approximately 3,000 employees; the EU's delayed response highlights broader issues within the European automotive industry.
Audi Brussels Plant Closure: €300 Million Severance Deal Reached
Audi's Brussels plant, which produced the Q8 e-tron, closed after failed negotiations and worker protests, resulting in a €300 million severance package for approximately 3,000 employees; the EU's delayed response highlights broader issues within the European automotive industry.
Progress
40% Bias Score
Audi to Cut 7,500 German Jobs by 2029
Audi announced 7,500 job cuts in Germany by 2029, primarily in administration and development, to improve efficiency and avoid compulsory redundancies until 2033, despite a previous proposal for 12,000 job cuts. Employee profit sharing will be reduced to offset costs.
Audi to Cut 7,500 German Jobs by 2029
Audi announced 7,500 job cuts in Germany by 2029, primarily in administration and development, to improve efficiency and avoid compulsory redundancies until 2033, despite a previous proposal for 12,000 job cuts. Employee profit sharing will be reduced to offset costs.
Progress
44% Bias Score
Volkswagen Recalls 60,000 EVs Over Gear Display Error
Volkswagen recalled over 60,000 electric vehicles in the US due to a software error causing gear display failures, potentially resulting in unintended vehicle movement; the recall impacts 2021-2023 Volkswagen ID.4s and 2022-2023 Audi Q4 e-trons.
Volkswagen Recalls 60,000 EVs Over Gear Display Error
Volkswagen recalled over 60,000 electric vehicles in the US due to a software error causing gear display failures, potentially resulting in unintended vehicle movement; the recall impacts 2021-2023 Volkswagen ID.4s and 2022-2023 Audi Q4 e-trons.
Progress
20% Bias Score
Audi Closes Brussels Factory, Laying Off 3,000 Workers
Audi's Brussels factory closed in February 2024, laying off 3,000 workers after a failed search for a buyer; production is moving to China and Mexico due to lower profit margins and higher labor costs in Belgium, reflecting a broader decline in Belgian automotive manufacturing.
Audi Closes Brussels Factory, Laying Off 3,000 Workers
Audi's Brussels factory closed in February 2024, laying off 3,000 workers after a failed search for a buyer; production is moving to China and Mexico due to lower profit margins and higher labor costs in Belgium, reflecting a broader decline in Belgian automotive manufacturing.
Progress
48% Bias Score
Audi to Close Brussels Plant, Bypassing Social Plan
Audi will close its Brussels plant on February 28, 2025, eliminating approximately 3000 jobs without a social plan due to poor sales of the Q8 e-tron SUV and high logistics costs, prompting strong reactions from Belgian officials and labor unions.
Audi to Close Brussels Plant, Bypassing Social Plan
Audi will close its Brussels plant on February 28, 2025, eliminating approximately 3000 jobs without a social plan due to poor sales of the Q8 e-tron SUV and high logistics costs, prompting strong reactions from Belgian officials and labor unions.
Progress
48% Bias Score
Showing 1 to 8 of 8 results