Tag #Auto Industry

Showing 121 to 132 of 171 results

dw.com
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VW Agrees to 35,000 Job Cuts, Avoiding Plant Closures

Volkswagen and the IG Metall union concluded the longest wage negotiations in VW's history, agreeing to cut over 35,000 jobs by 2030 without plant closures or forced layoffs, after over 70 hours of talks in Hanover, Germany.

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36% Bias Score

Decent Work and Economic Growth
edition.cnn.com
🌐 85% Global Worthiness
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Volkswagen Averts Strikes with 35,000 Job Cuts

Volkswagen averted mass strikes in Germany by agreeing to 35,000 future job cuts and capacity reductions, resulting in 15 billion euros in annual savings, following 70 hours of negotiations and major worker strikes.

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40% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Volkswagen-IG Metall Talks Stall Amidst Cost-Cutting Dispute

Negotiations between Volkswagen and its union, IG Metall, have stalled after four days, failing to resolve cost-cutting measures amid falling European sales and increased Chinese competition; the Porsche-Piëch family, the majority stakeholder, supports factory closures, while the union suggests cutt...

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48% Bias Score

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welt.de
🌐 75% Global Worthiness
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Volkswagen-IG Metall Negotiations: Potential Agreement Averts Layoffs, But Production Shifts

Volkswagen and IG Metall are negotiating a potential agreement averting plant closures and layoffs until 2030, but involving production shifts (Golf production to Mexico, EV production halt in Zwickau) and bonus waivers for workers, although analysts remain skeptical about achieving sufficient cost ...

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Scholz Opposes Impending EU Climate Penalties for Automakers

German Chancellor Olaf Scholz is urging the EU to reconsider 2025 climate penalties for automakers, fearing financial strain on the industry, while environmental groups push to maintain regulations to promote electric vehicles; a planned EU dialogue seeks solutions.

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52% Bias Score

Climate Action
africa.chinadaily.com.cn
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EU's EV Quotas Push Automakers to Boost Sales

To avoid 15.7 billion euros in fines for failing to meet new EU quotas, European automakers are cutting EV prices, raising petrol car prices, pooling emissions, and planning new affordable models to boost EV sales to 20 percent by 2025.

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48% Bias Score

Climate Action
abcnews.go.com
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VW Averts Plant Closures, Cuts 35,000+ Jobs in Wage Deal

Volkswagen reached a wage deal with its 120,000 German workers, avoiding plant closures until 2030 but involving over 35,000 job cuts through buyouts and early retirement to address lagging sales, rising costs, and Chinese competition; the deal saves VW €1.5 billion yearly in labor costs and €4 bill...

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36% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Volkswagen Announces Major Job Cuts and Production Reduction

Volkswagen and the IG Metall union reached a deal to cut over 35,000 jobs and reduce production by 700,000 vehicles annually by 2030, avoiding plant closures but shifting Golf production to Mexico, impacting various locations including Wolfsburg and raising concerns about the future of other plants.

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44% Bias Score

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welt.de
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VW, IG Metall Reach Deal: Job Cuts in Exchange for Plant Security

After a record-breaking 70-hour negotiation marathon, Volkswagen and IG Metall reached a deal to maintain all VW plants in Germany until 2030, in exchange for wage freezes, bonus cuts, and the elimination of more than 35,000 jobs, with production ending at two plants by 2027.

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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EPA Upholds California's 2035 Gas Car Ban

The EPA approved California's plan to ban the sale of new gas-powered cars by 2035, despite objections from automakers who say it is not feasible and will limit consumer choice; the decision is expected to be challenged by President-Elect Trump.

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56% Bias Score

Climate Action
english.kyodonews.net
🌐 85% Global Worthiness
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Honda and Nissan Explore Merger Amidst Fierce EV Competition

Honda and Nissan are exploring a merger to create the world's third-largest automaker, aiming to compete with Tesla and Chinese EV manufacturers, following declining sales and high EV development costs; the companies sold a combined 7.35 million vehicles in 2023.

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36% Bias Score

Industry, Innovation, and Infrastructure
abcnews.go.com
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Nissan, Honda Discuss Collaboration Amidst Industry Restructuring

Nissan and Honda are discussing closer collaboration, denying merger reports despite market speculation; the talks involve Mitsubishi Motors and focus on electric vehicle components and autonomous driving software, aiming to enhance competitiveness in a rapidly changing auto industry.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure

Showing 121 to 132 of 171 results