Tag #Automotive Industry

Showing 169 to 180 of 727 results

repubblica.it
🌐 75% Global Worthiness
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Italy's High Electricity Prices Hamper Electric Vehicle Adoption

High electricity costs in Italy are hindering the growth of the electric vehicle market; fast charging costs are the highest in the EU, making electric cars less economical than gasoline vehicles compared to other major EU countries.

Progress

44% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
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Magna's Battered Share Price: A Turnaround Opportunity?

Magna International Inc.'s (MG-T) share price has fallen 60 percent since 2021 due to inflation, rising interest rates, tariffs, and decreased vehicle production, resulting in lower sales and earnings; however, recent positive developments suggest a potential turnaround.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Stellantis Appoints Filosa as CEO Amidst Financial Crisis

Stellantis appointed Antonio Filosa as CEO, replacing Carlos Tavares whose North American strategy caused a significant share value drop and sales decline; Filosa's success depends on overcoming these challenges and navigating US tariffs.

Progress

60% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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VW Announces Massive US Investment to Offset Potential Tariffs

Volkswagen CEO Oliver Blume announced "massive" US investments, exceeding $5 billion by 2026, primarily in Rivian, to counter potential tariffs imposed by the Trump administration, involving direct communication with US officials.

Progress

48% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australian EV Sales Slowed by Consumer Doubts

Australian electric vehicle (EV) sales have slowed to 5.9% of the market despite a government push, due to consumer concerns about battery lifespan, repair access, and the absence of a second-hand market; NRMA research highlights these issues as key barriers, exacerbated by a national shortage of au...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
taz.de
🌐 75% Global Worthiness
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Volkswagen Negotiates with US to Resolve Trade Dispute

Volkswagen is negotiating with the US Department of Commerce to resolve a trade dispute, offering further US investments in exchange for tariff relief; a US appeals court temporarily suspended a lower court ruling that would have removed tariffs, leaving them in place.

Progress

48% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Volkswagen Exceeds Job Reduction Target in Restructuring Plan

Volkswagen Group announced that around 20,000 employees have agreed to leave the company by 2030 as part of a restructuring plan, exceeding the initial target and representing over half of the planned job cuts. The plan aims to enhance competitiveness and involves voluntary departures, avoiding comp...

Progress

40% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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Cologne Ford Strike: 10,000 Workers Protest 2,900 Job Cuts

On May 14, 2024, over 10,000 Ford workers in Cologne, Germany, staged a 24-hour strike—the plant's first official strike—to protest the company's plan to cut 2,900 jobs by 2027, highlighting anxieties in the German auto industry amid economic downturn and the shift to electric vehicles.

Progress

52% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Booming Spanish Used Car Market Surges Past Pre-Pandemic Levels

Spain's used car market is experiencing a surge, with sales up 3.7% to 698,922 units by April, exceeding pre-pandemic levels, driven by increased availability, consumer confidence, and the rise of used electric and hybrid vehicles; the market is projected to exceed 2.1 million units by 2025.

Progress

48% Bias Score

Responsible Consumption and Production
dw.com
🌐 75% Global Worthiness
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Ford Cologne Strike: 10,000 Workers Protest 2,900 Job Cuts Amidst European Losses

On May 14th, over 10,000 Ford Cologne employees, fearing 2,900 job cuts, conducted a 24-hour strike—the plant's first official strike—amidst the company's European losses, weak electric vehicle sales, and the impact of global economic conditions and US tariffs.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Toyota to Produce GR Corolla in UK

Toyota is shifting production of its GR Corolla hot hatchback from Japan to its Burnaston, UK plant in 2026 to meet high US demand and leverage the US-UK trade deal, marking the first time a GR-branded vehicle will be made outside Japan.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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German Automakers Seek Tariff Deal with U.S., Using Investments as Leverage

Germany's leading automakers, BMW, Mercedes-Benz, and Volkswagen, are negotiating with the U.S. to lessen potential import tariffs by leveraging their U.S. investments and exports, aiming for a deal by June contingent on substantial investment pledges; the talks follow previous U.S. expansion announ...

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 169 to 180 of 727 results