Showing 121 to 132 of 227 results
VW Profit Plunges 31% Amid China Competition and Restructuring
Volkswagen's 2023 profit fell 31 percent to €12.4 billion due to intense China competition and high restructuring costs, including the Audi Brussels plant closure; the company is cutting its dividend and will reduce investment by €15 billion over the next 5 years but still aims for a 5 percent reven...
VW Profit Plunges 31% Amid China Competition and Restructuring
Volkswagen's 2023 profit fell 31 percent to €12.4 billion due to intense China competition and high restructuring costs, including the Audi Brussels plant closure; the company is cutting its dividend and will reduce investment by €15 billion over the next 5 years but still aims for a 5 percent reven...
Progress
28% Bias Score
Volkswagen Employees to Receive Full Bonus in 2024 Despite Cost Cuts
Volkswagen's 120,000 German employees will receive a full bonus this year despite cost-cutting measures, with the amount to be determined after the balance sheet presentation on Tuesday; however, starting in 2026, the bonus structure will change significantly, with a fixed payment of €2000 and the f...
Volkswagen Employees to Receive Full Bonus in 2024 Despite Cost Cuts
Volkswagen's 120,000 German employees will receive a full bonus this year despite cost-cutting measures, with the amount to be determined after the balance sheet presentation on Tuesday; however, starting in 2026, the bonus structure will change significantly, with a fixed payment of €2000 and the f...
Progress
40% Bias Score
US Stocks Rebound After One-Month Tariff Reprieve
On Wednesday, US stocks surged after the Trump administration announced a one-month reprieve on auto tariffs imposed on Canada and Mexico, easing investor concerns about a global trade war; the Dow closed up 486 points, while major automakers saw significant share price increases, although uncertain...
US Stocks Rebound After One-Month Tariff Reprieve
On Wednesday, US stocks surged after the Trump administration announced a one-month reprieve on auto tariffs imposed on Canada and Mexico, easing investor concerns about a global trade war; the Dow closed up 486 points, while major automakers saw significant share price increases, although uncertain...
Progress
48% Bias Score
US Tariffs Threaten to Shut Down North American Auto Industry
US President Trump's 25% tariffs on Canadian and Mexican auto parts, coupled with impending metal tariffs, threaten to cost the industry billions and cause widespread plant closures, prompting concerns from Linamar Corp. executive chair Linda Hasenfratz and industry leaders.
US Tariffs Threaten to Shut Down North American Auto Industry
US President Trump's 25% tariffs on Canadian and Mexican auto parts, coupled with impending metal tariffs, threaten to cost the industry billions and cause widespread plant closures, prompting concerns from Linamar Corp. executive chair Linda Hasenfratz and industry leaders.
Progress
60% Bias Score
Trump Grants Temporary Tariff Relief to US Automakers
President Trump temporarily exempted US automakers from tariffs on Canadian and Mexican imports until April 2nd, despite imposing them to curb illegal immigration and fentanyl, highlighting the influence of corporate lobbying on trade policy.
Trump Grants Temporary Tariff Relief to US Automakers
President Trump temporarily exempted US automakers from tariffs on Canadian and Mexican imports until April 2nd, despite imposing them to curb illegal immigration and fentanyl, highlighting the influence of corporate lobbying on trade policy.
Progress
48% Bias Score
Trump Grants One-Month Tariff Reprieve to US Automakers
President Trump temporarily exempted Ford, GM, and Stellantis from new 25 percent tariffs on Canadian and Mexican auto imports for one month due to concerns about supply chain disruptions and increased costs, though the tariffs remain in place based on claims of drug smuggling.
Trump Grants One-Month Tariff Reprieve to US Automakers
President Trump temporarily exempted Ford, GM, and Stellantis from new 25 percent tariffs on Canadian and Mexican auto imports for one month due to concerns about supply chain disruptions and increased costs, though the tariffs remain in place based on claims of drug smuggling.
Progress
56% Bias Score
Ford Germany Receives €4.4 Billion Investment, Ends Debt Guarantee
Ford's German branch receives a €4.4 billion capital injection from its parent company, reducing its debt and ending a unique financial guarantee, while also investing several hundred million euros to boost business over the next four years; however, 2900 jobs will be cut in Cologne within three yea...
Ford Germany Receives €4.4 Billion Investment, Ends Debt Guarantee
Ford's German branch receives a €4.4 billion capital injection from its parent company, reducing its debt and ending a unique financial guarantee, while also investing several hundred million euros to boost business over the next four years; however, 2900 jobs will be cut in Cologne within three yea...
Progress
40% Bias Score
UAW and Unifor Divided on Trump's Auto Tariffs
The United Auto Workers (UAW) union in the U.S. surprisingly supports President Trump's 25% tariffs on Canadian and Mexican auto parts, while the Canadian autoworkers' union, Unifor, opposes them, highlighting a split in the traditionally united front against free trade and potentially causing job l...
UAW and Unifor Divided on Trump's Auto Tariffs
The United Auto Workers (UAW) union in the U.S. surprisingly supports President Trump's 25% tariffs on Canadian and Mexican auto parts, while the Canadian autoworkers' union, Unifor, opposes them, highlighting a split in the traditionally united front against free trade and potentially causing job l...
Progress
48% Bias Score
Trump Tariffs Create Uncertainty in Auto Sector
President Trump's 25% tariff on Canadian auto parts, effective Tuesday, caused immediate uncertainty for the auto industry, but a 30-day reprieve was granted Wednesday; however, the long-term effects remain unclear and the uncertainty is harming businesses and workers.
Trump Tariffs Create Uncertainty in Auto Sector
President Trump's 25% tariff on Canadian auto parts, effective Tuesday, caused immediate uncertainty for the auto industry, but a 30-day reprieve was granted Wednesday; however, the long-term effects remain unclear and the uncertainty is harming businesses and workers.
Progress
48% Bias Score
Trump Grants One-Month Tariff Exemption to US Automakers
President Trump granted a one-month tariff exemption to Ford, General Motors, and Stellantis on auto imports from Mexico and Canada, despite the March 4th implementation of a 25% tariff under the USMCA; reciprocal tariffs will resume April 2nd, potentially impacting jobs and GDP.
Trump Grants One-Month Tariff Exemption to US Automakers
President Trump granted a one-month tariff exemption to Ford, General Motors, and Stellantis on auto imports from Mexico and Canada, despite the March 4th implementation of a 25% tariff under the USMCA; reciprocal tariffs will resume April 2nd, potentially impacting jobs and GDP.
Progress
40% Bias Score
Trump Grants One-Month Tariff Exemption to US Automakers After Market Downturn
President Trump announced 25% tariffs on Canadian and Mexican auto imports but granted a one-month exemption after US automakers expressed concerns about their competitiveness and the stock market experienced a significant drop; the decision highlights the influence of industry and market forces on ...
Trump Grants One-Month Tariff Exemption to US Automakers After Market Downturn
President Trump announced 25% tariffs on Canadian and Mexican auto imports but granted a one-month exemption after US automakers expressed concerns about their competitiveness and the stock market experienced a significant drop; the decision highlights the influence of industry and market forces on ...
Progress
56% Bias Score
Trump Grants One-Month Tariff Exemption to Automakers
President Trump granted a one-month tariff exemption to Mexican and Canadian automakers until April 2, temporarily suspending a 25% tariff on imported vehicles to avoid economic hardship, following negotiations with Stellantis, Ford, and General Motors; however, he hinted at potential future exempti...
Trump Grants One-Month Tariff Exemption to Automakers
President Trump granted a one-month tariff exemption to Mexican and Canadian automakers until April 2, temporarily suspending a 25% tariff on imported vehicles to avoid economic hardship, following negotiations with Stellantis, Ford, and General Motors; however, he hinted at potential future exempti...
Progress
44% Bias Score
Showing 121 to 132 of 227 results