Showing 25 to 36 of 236 results
Nissan Announces €4 Billion Loss, Launches Recovery Plan
Nissan announced a recovery plan to address a €4 billion net loss for fiscal year 2024, caused by decreased vehicle sales and restructuring costs. The plan includes reducing auto plants from 17 to 10 and cutting 9,000 jobs by March 2028.
Nissan Announces €4 Billion Loss, Launches Recovery Plan
Nissan announced a recovery plan to address a €4 billion net loss for fiscal year 2024, caused by decreased vehicle sales and restructuring costs. The plan includes reducing auto plants from 17 to 10 and cutting 9,000 jobs by March 2028.
Progress
20% Bias Score
Nissan Announces 11,000 Job Cuts Amidst Steep Profit Decline
Nissan Motor announced 11,000 job cuts and the closure of seven plants on Tuesday, part of a plan to save 500 billion yen, following an 88 percent drop in operating profit to $472 million in the fiscal year ending March 2024, due to weakening sales and increased competition.
Nissan Announces 11,000 Job Cuts Amidst Steep Profit Decline
Nissan Motor announced 11,000 job cuts and the closure of seven plants on Tuesday, part of a plan to save 500 billion yen, following an 88 percent drop in operating profit to $472 million in the fiscal year ending March 2024, due to weakening sales and increased competition.
Progress
56% Bias Score
Strike at Ford Cologne Plant Over 2,900 Job Cuts
A strike involving approximately 11,500 workers at Ford's Cologne plant began Wednesday and will continue until Thursday morning due to the planned elimination of 2,900 jobs by the end of 2027, prompting concerns about the plant's future.
Strike at Ford Cologne Plant Over 2,900 Job Cuts
A strike involving approximately 11,500 workers at Ford's Cologne plant began Wednesday and will continue until Thursday morning due to the planned elimination of 2,900 jobs by the end of 2027, prompting concerns about the plant's future.
Progress
48% Bias Score
Nissan to Cut 20,000 Jobs Amidst \£3.8bn Loss Projection
Nissan plans to cut 20,000 jobs globally, a 15% reduction, due to weak sales, rising costs, and a projected \£3.8bn net loss; the impact on its Sunderland plant remains unclear despite recent investment and government aid.
Nissan to Cut 20,000 Jobs Amidst \£3.8bn Loss Projection
Nissan plans to cut 20,000 jobs globally, a 15% reduction, due to weak sales, rising costs, and a projected \£3.8bn net loss; the impact on its Sunderland plant remains unclear despite recent investment and government aid.
Progress
40% Bias Score
EU Grants Automakers Three-Year Extension on CO2 Emission Limits
The European Parliament voted to grant automakers a three-year extension to meet stricter EU CO2 emission limits, delaying penalties due to slower-than-expected electric vehicle sales and various industry challenges, while acknowledging concerns about potential increases in overall CO2 emissions.
EU Grants Automakers Three-Year Extension on CO2 Emission Limits
The European Parliament voted to grant automakers a three-year extension to meet stricter EU CO2 emission limits, delaying penalties due to slower-than-expected electric vehicle sales and various industry challenges, while acknowledging concerns about potential increases in overall CO2 emissions.
Progress
48% Bias Score
EU Parliament to Vote on Automaker CO2 Fine Exemption
The European Parliament will vote on a proposal to exempt automakers from CO2 emission fines in 2024, allowing them to compensate for overages in 2026 and 2027; this follows lobbying efforts from major manufacturers, creating potential delays in the transition to electric vehicles.
EU Parliament to Vote on Automaker CO2 Fine Exemption
The European Parliament will vote on a proposal to exempt automakers from CO2 emission fines in 2024, allowing them to compensate for overages in 2026 and 2027; this follows lobbying efforts from major manufacturers, creating potential delays in the transition to electric vehicles.
Progress
56% Bias Score
US-UK Car Tariff Uncertainty Freezes Bentley Sales, Jeopardizes JLR Jobs
A new US-UK trade deal sets a 10% tariff on 100,000 UK car exports, but implementation details remain unclear, freezing US sales for Bentley and jeopardizing jobs at Jaguar Land Rover despite JLR's recent record profits.
US-UK Car Tariff Uncertainty Freezes Bentley Sales, Jeopardizes JLR Jobs
A new US-UK trade deal sets a 10% tariff on 100,000 UK car exports, but implementation details remain unclear, freezing US sales for Bentley and jeopardizing jobs at Jaguar Land Rover despite JLR's recent record profits.
Progress
48% Bias Score
Auto Tariffs, Weak Demand, and Recession Fears
US automakers are absorbing billions of dollars in costs from Trump-era tariffs, avoiding large price hikes due to weak consumer demand; this could be a recession warning sign as the auto industry contributes over 4% to the US GDP.
Auto Tariffs, Weak Demand, and Recession Fears
US automakers are absorbing billions of dollars in costs from Trump-era tariffs, avoiding large price hikes due to weak consumer demand; this could be a recession warning sign as the auto industry contributes over 4% to the US GDP.
Progress
40% Bias Score
Nissan to Cut 20,000 Jobs, Consider Factory Closure Amidst Record Losses
Nissan Motor Co. announced plans to cut approximately 20,000 jobs globally, representing 15 percent of its workforce, and is considering closing a domestic factory to address declining sales and a projected record loss of 700 to 750 billion yen for fiscal 2024.
Nissan to Cut 20,000 Jobs, Consider Factory Closure Amidst Record Losses
Nissan Motor Co. announced plans to cut approximately 20,000 jobs globally, representing 15 percent of its workforce, and is considering closing a domestic factory to address declining sales and a projected record loss of 700 to 750 billion yen for fiscal 2024.
Progress
36% Bias Score
Ford Workers in Cologne to Strike Over Job Cuts
Ford workers in Cologne, Germany, will strike on May 14th due to disagreements over the company's planned reduction of 4,000 jobs in Europe by the end of 2027, with 2,900 of those cuts affecting Germany. 94% of participating workers voted to strike.
Ford Workers in Cologne to Strike Over Job Cuts
Ford workers in Cologne, Germany, will strike on May 14th due to disagreements over the company's planned reduction of 4,000 jobs in Europe by the end of 2027, with 2,900 of those cuts affecting Germany. 94% of participating workers voted to strike.
Progress
36% Bias Score
EU Eases Auto Emission Rules, Sparing Industry Heavy Fines
The European Union eased its fleet emission standards for automobiles from 2025 to 2029, reducing the financial burden on manufacturers, particularly Volkswagen, while facing criticism from environmental groups for potentially weakening its Green Deal objectives. The decision followed a strategic di...
EU Eases Auto Emission Rules, Sparing Industry Heavy Fines
The European Union eased its fleet emission standards for automobiles from 2025 to 2029, reducing the financial burden on manufacturers, particularly Volkswagen, while facing criticism from environmental groups for potentially weakening its Green Deal objectives. The decision followed a strategic di...
Progress
64% Bias Score
Ford Raises Prices on Mexican-Made Vehicles Due to Tariffs
Ford raised prices on three US vehicle models imported from Mexico by up to $2,000 due to tariffs imposed since April 3, impacting 17% of its first-quarter US sales; the increase applies to vehicles built after May 2.
Ford Raises Prices on Mexican-Made Vehicles Due to Tariffs
Ford raised prices on three US vehicle models imported from Mexico by up to $2,000 due to tariffs imposed since April 3, impacting 17% of its first-quarter US sales; the increase applies to vehicles built after May 2.
Progress
40% Bias Score
Showing 25 to 36 of 236 results