Tag #Auto Industry

Showing 1 to 12 of 236 results

dailymail.co.uk
🌐 85% Global Worthiness
News related image

Stellantis Faces Factory Closures Due to EU Emission Targets

Stellantis, parent company of Citroen, Fiat, Peugeot, and Vauxhall, may close factories due to the European Union's stringent CO2 emission targets, risking €2.5 billion in fines within two to three years unless it drastically increases EV sales or cuts ICE production, impacting thousands of jobs.

Progress

48% Bias Score

Climate Action
foxnews.com
🌐 75% Global Worthiness
News related image

Trump Proposes Tax Deduction for U.S.-Made Car Loans

President Trump announced a plan to make interest on U.S.-made car loans fully tax-deductible up to \$10,000 annually, phasing out above \$100,000 AGI from 2025-2028, citing the support of a lifelong Democrat autoworker who changed his allegiance due to the benefits of previous tax laws.

Progress

60% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
🌐 85% Global Worthiness
News related image

China Automakers Shorten Supplier Payments to Curb Price Wars

China's Ministry of Industry and Information Technology supports domestic automakers' move to shorten supplier payment terms to 60 days, starting June 1st, aiming to curb destructive price competition and promote sustainable industry growth, following a State Council regulation and pledges from near...

Progress

36% Bias Score

Decent Work and Economic Growth
us.cnn.com
🌐 90% Global Worthiness
News related image

China's Rare Earth Export Restrictions Threaten US Industries

China's new export licensing requirement for rare earth minerals has created a potential crisis for US industries, leaving only a 2-3 month supply and threatening widespread production shutdowns; alternatives exist but compromise efficiency.

Progress

56% Bias Score

Industry, Innovation, and Infrastructure
politico.eu
🌐 85% Global Worthiness
News related image

German Auto Lobby Seeks to Weaken EU's 2035 Combustion Engine Ban

The German auto industry lobby proposed weakening the EU's 2035 ban on new combustion engine cars, aiming for a 90% CO2 reduction instead of a full ban; this follows recent leniency on emission targets and faces strong opposition from environmental groups and some automakers, potentially increasing ...

Progress

48% Bias Score

Climate Action
dw.com
🌐 85% Global Worthiness
News related image

Volkswagen Announces 20,000 Job Cuts in Germany

Volkswagen announced that around 20,000 of its 130,000 German employees joined a voluntary redundancy program to cut 35,000 jobs by 2030, aiming to improve profitability amid falling electric vehicle demand and competition from Chinese automakers.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
News related image

Canadian Automakers Seek Repeal of Zero-Emission Vehicle Mandate

Canadian auto CEOs urged Prime Minister Carney to repeal a federal regulation requiring 20% of vehicle sales to be zero-emission by 2026, citing decreased EV sales and the Canada-U.S. trade war as reasons for the mandate's infeasibility.

Progress

60% Bias Score

Climate Action
nbcnews.com
🌐 85% Global Worthiness
News related image

Trump Blocks California's EV Mandate

President Trump signed resolutions Thursday blocking California's 2035 ban on new gasoline-powered car sales and its ability to set its own emission standards, impacting 17 states and potentially boosting China's EV market share while harming U.S. climate goals.

Progress

64% Bias Score

Climate Action
elpais.com
🌐 85% Global Worthiness
News related image

US Tariffs Trigger Sharp Decline in Mexican Auto Exports

Mexican automotive exports fell 6.3% in the first five months of 2025 compared to 2024 due to US tariffs, impacting 1.2 million units; major manufacturers like Volkswagen, Mazda, and Mercedes Benz saw significant export drops, leading to production line adjustments and plant closures.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
News related image

German Industrial Job Losses Exceed 100,000

Germany's industrial sector experienced a net loss of 101,000 jobs in the past year, primarily impacting the automotive industry (-45,400 jobs) due to decreased sales, Chinese competition, and e-mobility transition; further job losses are anticipated.

Progress

40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
News related image

German Automakers Lag Behind China's Rapid Growth

German automakers suffered a 2.3% revenue drop and a one-third profit decrease in Q1 2024, while Chinese manufacturers saw a 15% revenue and 66% profit increase, highlighting a growing competitive gap.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
News related image

US Ambassador Suggests Auto Strategy With Canada to Counter China

U.S. Ambassador Pete Hoekstra proposed a collaborative industrial strategy with Canada to counter China in the auto sector, despite President Trump's threats of excluding Canadian autos from the U.S. market; however, existing U.S. tariffs on Canadian vehicles and auto parts remain a significant obst...

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 236 results