Tag #Automotive Industry

Showing 193 to 204 of 438 results

nbcnews.com
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Trump Tariffs Cause "Chaos" in U.S. Auto Industry, Ford CEO Warns

Ford CEO Jim Farley states that President Trump's tariffs are causing significant cost increases and "chaos" within the U.S. automotive industry, impacting suppliers and potentially devastating the industry if levies on Mexican goods go into effect; he is traveling to Washington D.C. to meet with go...

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52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Porsche's Crisis Response: Heavy Investment, Margin Drop

Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.

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40% Bias Score

Responsible Consumption and Production
nos.nl
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Trump's Tariff Threat Shakes Windsor-Detroit Economic Ties

Donald Trump's threatened 25% tariff on Canadian goods has created uncertainty in Windsor, Canada, a city with close economic ties to Detroit. Daily trade between Windsor and Detroit is valued at \$325 million, representing one-third of total Canada-US trade; this tariff jeopardizes thousands of job...

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36% Bias Score

Decent Work and Economic Growth
faz.net
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Volkswagen Announces 35,000 Job Cuts Amidst Global Market Challenges

Volkswagen Group announced a compromise with the IG Metall union involving 35,000 job cuts over six years to improve competitiveness amid a stagnating global auto market and increased competition, particularly from China, while simultaneously pledging to launch a €20,000 electric vehicle and an elec...

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48% Bias Score

Decent Work and Economic Growth
welt.de
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Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin

Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.

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44% Bias Score

Responsible Consumption and Production
repubblica.it
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EU Proposes Flexibility on 2035 Electric Vehicle Mandate

The European Commission is considering a plan to ease the transition to electric vehicles, including allowing plug-in hybrids after 2035, spreading emission penalties over three years, and providing tax incentives for electric company cars.

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40% Bias Score

Climate Action
europe.chinadaily.com.cn
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Intense Competition in China's Evolving Auto Market

Following the Spring Festival, China's auto market is experiencing intense competition, with domestic brands gaining dominance while foreign brands lose market share due to technological gaps and shifting consumer preference; the future of the industry depends on intelligent driving and smart cockpi...

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44% Bias Score

Decent Work and Economic Growth
pda.kp.ru
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Russian New Car Prices Double in Five Years Despite 2023 Sales Boom

The average price of a new car in Russia doubled over the past five years, reaching 3.12 million rubles in 2023, despite a 6% price increase last year due to increased sales volume and Chinese brand competition, contrasting with previous years' higher increases due to supply chain and currency issue...

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28% Bias Score

Reduced Inequality
nos.nl
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Trump's Tariff Threat Shakes Windsor-Detroit Trade

Trump's threatened 25% tariff on Canadian goods has created uncertainty in Windsor, Canada, a city heavily reliant on cross-border trade with Detroit, jeopardizing \$325 million in daily exchanges and impacting various sectors.

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36% Bias Score

Decent Work and Economic Growth
nos.nl
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Trump's Tariff Threat Shakes Windsor-Detroit's Intertwined Economy

Donald Trump's threatened 25% tariff on Canadian goods sparked concern in Windsor, Ontario, impacting its $325 million daily trade with Detroit, a third of total Canada-US trade, jeopardizing jobs and businesses in this integrated auto industry.

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44% Bias Score

Decent Work and Economic Growth
europe.chinadaily.com.cn
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US Tariffs Spark Concerns for Japan's Economy

The US imposed tariffs on Canada, Mexico, and China, causing concern in Japan due to its substantial supply chains in these regions; the Japanese government and businesses are closely monitoring the potential economic impact.

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48% Bias Score

Decent Work and Economic Growth
usa.chinadaily.com.cn
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US Tariffs Raise Concerns for Japanese Businesses

The US imposed tariffs on Canada, Mexico, and China, prompting concerns from Japanese businesses, particularly in the auto sector, due to their reliance on Mexican and Canadian supply chains; the Japanese government is assessing the situation and providing support.

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56% Bias Score

Decent Work and Economic Growth

Showing 193 to 204 of 438 results