Tag #Auto Industry

Showing 265 to 276 of 285 results

theguardian.com
🌐 75% Global Worthiness
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GM Writes Down $5 Billion in China Amidst Falling Sales

General Motors announced a $5 billion write-down of its China operations due to declining sales and increased competition from local Chinese automakers like BYD, resulting in a $350 million loss during the first three quarters of 2023; the company plans to restructure and reduce costs.

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32% Bias Score

faz.net
🌐 85% Global Worthiness
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Volkswagen Faces Major Strike Amidst Wage Dispute

On December 5, 2023, a two-hour warning strike at most Volkswagen factories in Germany disrupted production, affecting over 120,000 employees due to Volkswagen's proposed 10% wage cut and potential plant closures, prompting calls for government intervention.

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40% Bias Score

themarker.com
🌐 75% Global Worthiness
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French Political Tensions Trigger European Market Decline

European stock markets fell today amid concerns about a potential political crisis in France, triggered by far-right leader Marine Le Pen's budget dispute threats; the euro dropped 0.7% against the dollar, while French bonds saw yields rise significantly.

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32% Bias Score

us.cnn.com
🌐 85% Global Worthiness
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Major Strikes Hit Volkswagen in Germany Amidst Layoff Threats

On Monday, tens of thousands of Volkswagen workers in Germany launched the largest strikes at the carmaker's domestic operations since 2018, protesting the company's refusal to rule out mass layoffs and plant closures amid declining profits and competition from China.

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40% Bias Score

welt.de
🌐 75% Global Worthiness
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Ford Job Cuts Spark Outrage in Germany

Ford's plan to cut 2900 jobs in Germany sparks outrage from labor unions and criticism from politicians, leading to calls for a change in the government's approach to the auto industry.

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52% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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EV Tax Credit Elimination: A Boon for Tesla?

The potential elimination of the $7,500 EV tax credit could paradoxically benefit Tesla due to its profitability, while harming other automakers.

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0% Bias Score

fr.euronews.com
🌐 85% Global Worthiness
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Volkswagen Workers Strike Over Job Cuts and Factory Closures

Volkswagen workers in Germany staged major strikes on Monday, protesting the company's plan to cut thousands of jobs and close factories due to weak car demand, increased labor costs, and the transition to electric vehicles, amidst broader economic concerns in the Eurozone.

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44% Bias Score

lefigaro.fr
🌐 85% Global Worthiness
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Stellantis CEO Carlos Tavares Resigns Amid Union Criticism

Stellantis CEO Carlos Tavares resigned on Sunday following weeks of pressure from labor unions criticizing his management style and job cuts; his successor will be named in the first half of 2025.

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48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Volkswagen Faces Widespread Strikes Amidst Job Cut Dispute

Negotiations between Volkswagen and IG Metall union over job cuts and wage reductions have collapsed, leading to planned widespread strikes at all Volkswagen plants in Germany starting Monday, impacting approximately 120,000 employees.

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44% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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IG Metall Initiates Nationwide Strikes at Volkswagen Plants in Germany

Following a breakdown in negotiations on November 30th, 2023, IG Metall initiated nationwide warning strikes at all ten Volkswagen plants in Germany starting December 2nd, 2023, impacting approximately 120,000 employees, due to Volkswagen's plans for mass layoffs and wage cuts.

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40% Bias Score

Decent Work and Economic Growth
welt.de
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Hyundai's New CEO: Navigating Global Economic Uncertainty

Hyundai appoints its first non-Korean CEO, José Muñoz, to navigate economic uncertainties and Donald Trump's policies impacting the auto industry.

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0% Bias Score

zeit.de
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German Auto Workers Strike Amidst Wage Talks

Warning strikes hit Mercedes and other companies in Ludwigsfelde, Germany, amid tense labor negotiations in the metal and electrical industry.

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0% Bias Score

Showing 265 to 276 of 285 results