Tag #Auto Industry

Showing 49 to 60 of 240 results

forbes.com
🌐 85% Global Worthiness
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Automakers Withdraw Financial Guidance Amidst Trump Tariff Uncertainty

Stellantis and Mercedes withdrew their 2025 financial guidance due to market uncertainty caused by President Trump's tariffs; this follows recent layoffs by Mack Trucks, Volvo, Stellantis, and Estée Lauder, totaling at least 800 employees, while Goldman Sachs projects a net loss of 400,000 jobs acro...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Automakers Yank Profit Forecasts Amid Trump's Tariff Chaos

Responding to President Trump's unpredictable tariffs, Stellantis and Mercedes-Benz withdrew their profit forecasts due to market uncertainty, while Volkswagen issued a lowered forecast; this follows at least 40 companies globally taking similar actions.

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56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Stellantis Shifts Production to Avoid US Tariffs

Stellantis will move some pick-up truck production to Michigan from Mexico and is working with parts suppliers to increase the American content in its vehicles to avoid U.S. tariffs, prompted by President Trump's trade policies.

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36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Trump Partially Eases Auto Part Tariffs to Cushion Impact on US Carmakers

The Trump administration announced plans to partially offset tariffs on US carmakers by reducing levies on imported vehicle parts, offering partial reimbursements based on US production, while maintaining tariffs on foreign-made cars but exempting them from additional levies, such as those on steel ...

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48% Bias Score

Decent Work and Economic Growth
spanish.china.org.cn
🌐 85% Global Worthiness
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China's Auto Show Highlights US Tariff Damage

The Shanghai Auto Show highlights China's booming automotive market attracting significant foreign investment, contrasting sharply with the negative impact of US tariffs on American automakers, costing them over $42 billion and hindering competitiveness.

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56% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Chicken Tax: How a 60-Year-Old Tariff Still Shapes the US Auto Market

The 1963 "chicken tax," a 25% tariff on imported trucks, remains in effect, benefiting US automakers but harming consumers with higher prices and reduced choices, despite its original purpose being obsolete and various attempts to circumvent it.

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36% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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Volkswagen Q1 Profit Plunges 41% Amidst Special Charges and Market Headwinds

Volkswagen's first-quarter 2025 profit fell nearly 41 percent to €2.19 billion due to special charges (€1.1 billion), lower China earnings, and reduced electric vehicle profitability, despite a 3 percent revenue increase to €77.6 billion and increased EV market share.

Progress

40% Bias Score

Responsible Consumption and Production
us.cnn.com
🌐 85% Global Worthiness
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Ford Extends Employee Pricing Amidst Rising Auto Tariffs

Ford extends its employee pricing offer until July 4th to counter rising car prices caused by new tariffs on imported vehicles and auto parts, impacting consumer affordability and the competitiveness of US automakers.

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64% Bias Score

Decent Work and Economic Growth
nbcnews.com
🌐 85% Global Worthiness
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Trump Tariffs Create Uncertainty for Auto Part Suppliers

President Trump's fluctuating tariffs on auto parts, steel and aluminum imports created uncertainty for Lanex Manufacturing in Windsor, Ontario, whose striker plates cross the US-Canada border four times before installation in American vehicles, impacting costs and jobs across the industry.

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44% Bias Score

Decent Work and Economic Growth
euronews.com
🌐 85% Global Worthiness
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Trump Administration Announces Tariff Relief on Auto Parts

The Trump administration announced tariff relief on auto parts for cars made in the US, preventing double taxation and aiming to boost domestic manufacturing, following intense industry lobbying and market volatility.

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44% Bias Score

Decent Work and Economic Growth
english.kyodonews.net
🌐 85% Global Worthiness
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Japanese Automakers Showcase EVs in China, Emphasizing Localization

Major Japanese automakers, including Toyota, Honda, and Nissan, unveiled new electric and hybrid vehicle models at the Shanghai auto show, emphasizing collaboration with Chinese tech firms like Huawei and DeepSeek to boost their competitiveness in the world's largest auto market amidst a US-China tr...

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32% Bias Score

Industry, Innovation, and Infrastructure
sueddeutsche.de
🌐 85% Global Worthiness
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Volkswagen Proposes US Audi Production to Counter New Tariffs

Facing new US tariffs on imported cars, Volkswagen CEO Oliver Blume proposed producing Audi vehicles in the US to appease President Trump, aiming to maintain market share and investment in a key growth region while navigating trade complexities.

Progress

32% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 240 results