Tag #Auto Industry

Showing 229 to 236 of 236 results

cnbc.com

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Nov 11, 19:28

GM Stock Soars, Outperforming Competitors

General Motors' stock significantly outperforms competitors in 2024, exceeding expectations and implementing successful strategies.

GM Stock Soars, Outperforming Competitors

General Motors' stock significantly outperforms competitors in 2024, exceeding expectations and implementing successful strategies.

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How does GM's stock performance compare to Tesla's?

Tesla, despite its recent surge, still trails GM in stock performance this year, highlighting GM's unexpected dominance in the auto industry.

abcnews.go.com

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Nov 8, 04:26

Stellantis Layoffs at Toledo Jeep Plant

Stellantis announces layoffs of approximately 1,100 workers at its Toledo Jeep plant due to high vehicle inventory and decreased sales.

Stellantis Layoffs at Toledo Jeep Plant

Stellantis announces layoffs of approximately 1,100 workers at its Toledo Jeep plant due to high vehicle inventory and decreased sales.

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What benefits will the laid-off workers receive?

The affected workers will receive supplemental pay for a year, ensuring their income remains at 74% of their regular pay, combined with state unemployment benefits. They will also receive health insurance coverage for two years.

theglobeandmail.com

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Nov 8, 22:07

Stellantis Cuts Hundreds More Jobs Amidst UAW Tensions

Stellantis announces further layoffs, sparking union outrage and political controversy.

Stellantis Cuts Hundreds More Jobs Amidst UAW Tensions

Stellantis announces further layoffs, sparking union outrage and political controversy.

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What is the UAW's response to Stellantis' layoffs?

The United Auto Workers (UAW) union strongly criticized Stellantis' layoffs, accusing the company of breaking promises and threatening a nationwide strike. Several local union chapters have already voted to authorize a strike.

independent.co.uk

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Nov 6, 10:08

Toyota Profit Plunges Amidst Scandal

Toyota's profit plunges due to production halts caused by a certification scandal and recalls, but the company maintains its full-year forecast.

Toyota Profit Plunges Amidst Scandal

Toyota's profit plunges due to production halts caused by a certification scandal and recalls, but the company maintains its full-year forecast.

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What fraudulent activities led to Toyota's production stoppages?

The production stoppages resulted from fraudulent testing, including the use of inadequate data in crash tests and incorrect airbag inflation testing, impacting vehicle sales and profits.

lefigaro.fr

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Nov 9, 01:05

European Auto Industry Crisis: France Proposes Emergency Plan

French Industry Minister proposes European plan to support auto industry amid job losses and plant closures.

European Auto Industry Crisis: France Proposes Emergency Plan

French Industry Minister proposes European plan to support auto industry amid job losses and plant closures.

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What are the commitments made by Michelin?

Michelin has committed to a €330 million provision to support 1254 employees affected by plant closures in Cholet and Vannes and to create at least as many jobs as those lost.

bbc.com

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Nov 8, 07:02

Nissan's Global Job Cuts

Nissan announces 9,000 job cuts globally due to falling sales in China and the US, impacting production and profits.

Nissan's Global Job Cuts

Nissan announces 9,000 job cuts globally due to falling sales in China and the US, impacting production and profits.

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What is Nissan's overall strategy despite the job cuts and reduced production?

Despite the job cuts, Nissan maintains that it is not shrinking but rather restructuring to become more efficient. The company still plans to invest in electric vehicle production at its Sunderland plant.

english.kyodonews.net

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Nov 7, 16:28

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

Nissan Cuts 9,000 Jobs Amidst Financial Struggles

Nissan announces 9,000 job cuts and a 20% reduction in production capacity due to weak performance in the US and China.

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What are the main reasons behind Nissan's poor performance?

The job cuts and production reduction are in response to struggling businesses in the U.S. and China, where increased incentives and competition with affordable EVs have hurt sales.

lemonde.fr

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Nov 5, 13:18

France Pushes for Relaxed CO2 Emission Rules

The French government lobbies the EU to relax CO2 emission standards for cars, prompting concerns about the impact on the Green Deal.

France Pushes for Relaxed CO2 Emission Rules

The French government lobbies the EU to relax CO2 emission standards for cars, prompting concerns about the impact on the Green Deal.

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What is the goal of the stricter CAFE standard?

The stricter CAFE standard aims to reduce average CO2 emissions by 15% compared to 2021, with penalties for non-compliance.

Showing 229 to 236 of 236 results