Tag #Automotive Industry

dw.com
🌐 75% Global Worthiness
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Volkswagen Workers Strike Over Plant Closures, Pension Cuts Amid German Economic Slump

Tens of thousands of Volkswagen workers in Germany initiated a two-hour warning strike on December 2nd, protesting planned factory closures and pension cuts amid Germany's economic downturn and VW's reported 64% drop in third-quarter profits.

Progress

40% Bias Score

repubblica.it
🌐 65% Global Worthiness
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Italian Car Sales Plunge 10.8% in November Amidst Rising Prices

Italian car registrations fell 10.8% in November 2023 to 124,251 units, with Stellantis experiencing a 24.6% drop; high prices are shifting demand to used cars, increasing the overall vehicle count and average age, creating safety and environmental concerns.

Progress

40% Bias Score

taz.de
🌐 85% Global Worthiness
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Volkswagen Faces Widespread Strikes Over Wage Cuts and Plant Closures

Volkswagen faces potential widespread strikes starting Monday as IG Metall ends the no-strike period, protesting the company's proposed 10% wage cut and plant closures impacting at least three plants and tens of thousands of jobs; the union seeks to pressure the company to reconsider its plans.

Progress

44% Bias Score

dw.com
🌐 75% Global Worthiness
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VW Faces Nationwide Strikes Amidst Restructuring Plans

On December 2nd, 2023, IG Metall initiated nationwide warning strikes at all Volkswagen plants in Germany due to failed wage negotiations where VW proposed job cuts and pay reductions, resulting in temporary production halts across all factories.

Progress

48% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Volkswagen Faces Potential Strikes Amidst Wage Cut Demands

Volkswagen faces potential strikes starting Monday as the IG Metall union ended the peace obligation in a dispute over a 10% wage cut demand by VW, along with potential plant closures and layoffs affecting roughly 120,000 employees.

Progress

40% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 65% Global Worthiness
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Porsche Macan EV's "Frunk" Highlights Growing Trend in Electric Vehicle Design

Porsche's new electric Macan features an 84-liter "frunk," a front storage compartment gaining popularity among electric vehicle owners for its convenient charging cable storage, highlighting a key design difference between EVs and traditional vehicles.

Progress

40% Bias Score

repubblica.it
🌐 75% Global Worthiness
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Stellantis CEO Resigns Amidst Strategic Differences

Stellantis CEO Carlos Tavares resigned due to differing long-term visions with the board, prompting Chairman John Elkann to announce a temporary executive committee to lead the company until a new CEO is appointed in the first half of 2025.

Progress

36% Bias Score

welt.de
🌐 85% Global Worthiness
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Volkswagen Faces Potential Strikes Amidst Wage Cut and Plant Closure Threats

Volkswagen faces potential widespread strikes affecting over 120,000 employees due to a proposed 10% wage cut and potential plant closures after rejecting a union proposal for a €1.5 billion cost-saving plan; negotiations continue on December 9th.

Progress

48% Bias Score

dw.com
🌐 75% Global Worthiness
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VW Faces Warning Strike Amid Wage Dispute in Germany

Following failed contract negotiations, the IG Metall union announced a warning strike at Volkswagen plants in Germany on Monday, impacting roughly 120,000 workers due to VW's refusal of a 10% wage increase and threats of layoffs and factory closures.

Progress

36% Bias Score

Decent Work and Economic Growth
dw.com
🌐 75% Global Worthiness
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IG Metall Strikes Hit All VW German Plants

Following failed negotiations on job cuts and salary reductions, IG Metall initiated nationwide warning strikes at all German Volkswagen plants starting December 2nd, 2023, impacting roughly 120,000 employees.

Progress

40% Bias Score

Decent Work and Economic Growth
global.chinadaily.com.cn
🌐 85% Global Worthiness
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Bosch Opens New EV Plant in China, Highlighting Integrated Supply Chain

Bosch inaugurated its third-phase facility in Taicang, China, to mass produce electric vehicle components starting next year, showcasing the benefits of China's integrated automotive supply chain and attracting other foreign companies to create a "win-win" model for global manufacturing.

Progress

56% Bias Score

zeit.de
🌐 65% Global Worthiness
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Bosch to Cut Thousands of Jobs Amidst Auto Industry Crisis

Bosch announces plans to cut up to 5,550 jobs due to the automotive industry crisis, sparking strong criticism from labor unions.

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28% Bias Score

Decent Work and Economic Growth