U.S. Auto Market Shifts: Sedan Demand Rises, EVs Persist, Korean Brands Gain
A new report forecasts a decline in U.S. demand for trucks and SUVs, a rise in electric vehicle adoption despite recent policy changes, and increased market share for Korean automakers, creating uncertainty within the industry.
U.S. Auto Market Shifts: Sedan Demand Rises, EVs Persist, Korean Brands Gain
A new report forecasts a decline in U.S. demand for trucks and SUVs, a rise in electric vehicle adoption despite recent policy changes, and increased market share for Korean automakers, creating uncertainty within the industry.
Progress
40% Bias Score
\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\
Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...
\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\
Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...
Progress
36% Bias Score
Volkswagen's Profitability Plummets Amidst Global Market Disruption
Despite 2023's strong sales, Volkswagen faces declining European demand, fierce Chinese EV competition, and rising costs, resulting in 35,000 job cuts in Germany and strategic production shifts.
Volkswagen's Profitability Plummets Amidst Global Market Disruption
Despite 2023's strong sales, Volkswagen faces declining European demand, fierce Chinese EV competition, and rising costs, resulting in 35,000 job cuts in Germany and strategic production shifts.
Progress
44% Bias Score
EU Automakers Pool Emission Credits to Avoid Billions in Fines
Facing billions in potential fines for exceeding EU CO2 emission limits, European automakers are forming pools to share emission credits, with Tesla profiting significantly from this strategy; this collaboration highlights the challenges of meeting climate targets and incentivizing electric vehicle ...
EU Automakers Pool Emission Credits to Avoid Billions in Fines
Facing billions in potential fines for exceeding EU CO2 emission limits, European automakers are forming pools to share emission credits, with Tesla profiting significantly from this strategy; this collaboration highlights the challenges of meeting climate targets and incentivizing electric vehicle ...
Progress
48% Bias Score
Chrysler's 80% Sales Drop Prompts Buyout Proposal, Stellantis Responds with New Models
Chrysler's vehicle sales have dropped 80% since 2005, prompting a descendant of the founder to propose a buyout, although Stellantis, its parent company, plans to release new models including a large SUV and coupe/sedan to revitalize the brand.
Chrysler's 80% Sales Drop Prompts Buyout Proposal, Stellantis Responds with New Models
Chrysler's vehicle sales have dropped 80% since 2005, prompting a descendant of the founder to propose a buyout, although Stellantis, its parent company, plans to release new models including a large SUV and coupe/sedan to revitalize the brand.
Progress
52% Bias Score
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction
Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.
Progress
24% Bias Score
Stellantis to Reopen Illinois Plant, Build Durango in Detroit
Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.
Stellantis to Reopen Illinois Plant, Build Durango in Detroit
Stellantis will reopen its Belvidere, Illinois assembly plant in 2027, creating 1,500 jobs to produce a new midsize pickup truck, and will build the next-generation Dodge Durango in Detroit following a dispute with the United Auto Workers union.
Progress
48% Bias Score
EU Automakers Seek Carbon Credits Amid Emission Reduction Challenges
Facing EU CO2 emission reduction mandates (93.6 g/km by 2025), automakers like Stellantis are exploring carbon credit trading with Tesla to avoid €15 billion in potential fines, highlighting the industry's struggle to transition to electric vehicles amid economic and geopolitical pressures.
EU Automakers Seek Carbon Credits Amid Emission Reduction Challenges
Facing EU CO2 emission reduction mandates (93.6 g/km by 2025), automakers like Stellantis are exploring carbon credit trading with Tesla to avoid €15 billion in potential fines, highlighting the industry's struggle to transition to electric vehicles amid economic and geopolitical pressures.
Progress
56% Bias Score
SPD Proposes €1 Billion to Boost Bavaria's Auto Industry
The SPD in Bavaria's state parliament proposed a €1 billion, two-year plan to boost the auto industry, using €900 million from state reserves and €100 million from a transformation fund, focusing on fast-charging stations (€500 million), battery technology (€250 million), and worker training (€125 m...
SPD Proposes €1 Billion to Boost Bavaria's Auto Industry
The SPD in Bavaria's state parliament proposed a €1 billion, two-year plan to boost the auto industry, using €900 million from state reserves and €100 million from a transformation fund, focusing on fast-charging stations (€500 million), battery technology (€250 million), and worker training (€125 m...
Progress
48% Bias Score
German EV Market Shrinks 27% After Subsidy Cuts
Germany's 2024 electric vehicle registrations fell 27 percent to 381,000, mainly due to the end of government subsidies; Tesla's sales plummeted, while BMW and Skoda increased theirs.
German EV Market Shrinks 27% After Subsidy Cuts
Germany's 2024 electric vehicle registrations fell 27 percent to 381,000, mainly due to the end of government subsidies; Tesla's sales plummeted, while BMW and Skoda increased theirs.
Progress
36% Bias Score
Honda and Nissan to Merge, Forming World's Third-Largest Automaker
Japanese automakers Honda and Nissan plan to merge by August 2026, forming the world's third-largest automaker with Mitsubishi Motors also participating, to enhance competitiveness in the rapidly evolving electric vehicle market and compete with global leaders such as Toyota and Volkswagen.
Honda and Nissan to Merge, Forming World's Third-Largest Automaker
Japanese automakers Honda and Nissan plan to merge by August 2026, forming the world's third-largest automaker with Mitsubishi Motors also participating, to enhance competitiveness in the rapidly evolving electric vehicle market and compete with global leaders such as Toyota and Volkswagen.
Progress
48% Bias Score
Honda and Nissan to Merge, Creating World's Third-Largest Automaker
Honda and Nissan, along with Mitsubishi Motors, are merging to form the world's third-largest automaker, aiming to better compete with Chinese EV manufacturers and bolster their position in a rapidly changing automotive market.
Honda and Nissan to Merge, Creating World's Third-Largest Automaker
Honda and Nissan, along with Mitsubishi Motors, are merging to form the world's third-largest automaker, aiming to better compete with Chinese EV manufacturers and bolster their position in a rapidly changing automotive market.
Progress
32% Bias Score