Tag #Automotive Industry

Showing 13 to 24 of 727 results

theglobeandmail.com

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Sep 17, 07:19

US-Canada Trade Relations: Limited Progress on Broader Deal

Despite initial hopes for a comprehensive trade agreement encompassing defense and other sectors, US Ambassador to Canada Pete Hoekstra confirmed that negotiations between the US and Canada are currently limited to a USMCA renewal, not a broader deal, due to unspecified factors.

US-Canada Trade Relations: Limited Progress on Broader Deal

Despite initial hopes for a comprehensive trade agreement encompassing defense and other sectors, US Ambassador to Canada Pete Hoekstra confirmed that negotiations between the US and Canada are currently limited to a USMCA renewal, not a broader deal, due to unspecified factors.

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What are the primary points of contention hindering a broader US-Canada trade deal beyond the USMCA renewal?

The specific reasons for the failure to reach a broader trade agreement remain unstated by Ambassador Hoekstra. However, the current negotiations are focused solely on renewing the USMCA, leaving aside the initial goal of a larger agreement including defense and other sectors. This limited scope contrasts with earlier ambitions for a more comprehensive economic and security partnership.

dw.com

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Sep 16, 19:22

Ford to Cut 1,000 More Jobs at Cologne Plant Due to Low EV Demand

Ford is cutting another 1,000 jobs at its Cologne plant in Germany due to lower-than-expected demand for electric vehicles, shifting to a single-shift operation from January 2026.

Ford to Cut 1,000 More Jobs at Cologne Plant Due to Low EV Demand

Ford is cutting another 1,000 jobs at its Cologne plant in Germany due to lower-than-expected demand for electric vehicles, shifting to a single-shift operation from January 2026.

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What is the primary reason behind Ford's decision to implement further job cuts at its Cologne plant?

Ford's decision to cut 1,000 more jobs stems from significantly lower-than-anticipated demand for electric vehicles in Europe. The company's investment in electric vehicle production was predicated on a 35% market share by 2023, but that figure currently stands at only 18%.

welt.de

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Sep 14, 16:18

Mercedes-Benz Faces Pressure to Secure Ludwigsfelde Plant Future

Amidst uncertainty, the IG Metall union is demanding clarity from Mercedes-Benz regarding the future of its Ludwigsfelde plant in Brandenburg, Germany, where the Sprinter van is produced, impacting 1,800 jobs and the surrounding region.

Mercedes-Benz Faces Pressure to Secure Ludwigsfelde Plant Future

Amidst uncertainty, the IG Metall union is demanding clarity from Mercedes-Benz regarding the future of its Ludwigsfelde plant in Brandenburg, Germany, where the Sprinter van is produced, impacting 1,800 jobs and the surrounding region.

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What are the potential long-term consequences and how might the situation be resolved?

The long-term consequences could include significant job losses, economic decline in the region, and the loss of skilled labor. A resolution requires Mercedes-Benz to clearly define its plans for the Ludwigsfelde plant, including future production lines, to secure the plant's future and the jobs of its employees. The Berlin-Marienfelde plant's successful transformation to climate-friendly production could serve as a model.

fr.euronews.com

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Sep 11, 13:22

Europe's Truck and Bus Industry Faces Regulatory Hurdles in Green Transition

The European truck and bus industry, despite significant investments in zero-emission vehicles (ZEVs), faces challenges in meeting ambitious 2030 CO2 reduction targets due to insufficient infrastructure and inconsistent policies.

Europe's Truck and Bus Industry Faces Regulatory Hurdles in Green Transition

The European truck and bus industry, despite significant investments in zero-emission vehicles (ZEVs), faces challenges in meeting ambitious 2030 CO2 reduction targets due to insufficient infrastructure and inconsistent policies.

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What are the main obstacles hindering the European truck and bus industry's transition to zero-emission vehicles by 2030?

The industry's ability to meet the ambitious 2030 goals is hampered by insufficient charging infrastructure, lack of competitive pricing, delayed or politically pressured emission-based road tolls and targeted incentives, and pending legislation like the directive on weights and dimensions. A market share increase from 3.5% to 35% ZEVs in under five years is deemed impossible without these critical elements.

politico.eu

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Sep 8, 22:21

BMW CEO Criticizes EU's 2035 EV Mandate

BMW CEO Oliver Zipse criticizes the EU's plan to ban the sale of combustion engine cars by 2035, advocating for technological neutrality and a broader consideration of carbon emissions across the vehicle's lifecycle.

BMW CEO Criticizes EU's 2035 EV Mandate

BMW CEO Oliver Zipse criticizes the EU's plan to ban the sale of combustion engine cars by 2035, advocating for technological neutrality and a broader consideration of carbon emissions across the vehicle's lifecycle.

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What alternative solutions does Zipse propose to the EU's 2035 mandate?

He suggests technological neutrality, allowing for diesel, gasoline, plug-in hybrids, EVs, and hydrogen vehicles post-2035. He also calls for considering the entire vehicle lifecycle's carbon footprint, including fuel production, and imposing decarbonization targets on fuel manufacturers.

lefigaro.fr

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Sep 7, 22:18

Stellantis CEO Calls EU's 2035 Combustion Engine Ban "Unrealistic

Stellantis CEO Antonio Filosa criticized the European Union's 2035 ban on combustion engine vehicle sales as unrealistic, citing challenges like the electric vehicle market's slow growth and increased Chinese competition, advocating for flexibility in emission reduction targets.

Stellantis CEO Calls EU's 2035 Combustion Engine Ban "Unrealistic

Stellantis CEO Antonio Filosa criticized the European Union's 2035 ban on combustion engine vehicle sales as unrealistic, citing challenges like the electric vehicle market's slow growth and increased Chinese competition, advocating for flexibility in emission reduction targets.

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What is the core criticism of the EU's 2035 combustion engine ban voiced by Stellantis' CEO, and what are the underlying reasons?

Filosa deems the 2035 ban unrealistic due to slow electric vehicle sales, intensifying Chinese competition, and high production costs. He argues that the current targets for emission reductions by 2030 and the complete ban in 2035 are unattainable without adjustments.

welt.de

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Sep 16, 16:19

Support for EU's combustion engine ban, but with realistic approach

Saxony's Minister of Economics, Dirk Panter, voiced support for the EU's planned ban on combustion engines, emphasizing the need for a pragmatic approach that considers the industry's needs and avoids dependence on Chinese manufacturers.

Support for EU's combustion engine ban, but with realistic approach

Saxony's Minister of Economics, Dirk Panter, voiced support for the EU's planned ban on combustion engines, emphasizing the need for a pragmatic approach that considers the industry's needs and avoids dependence on Chinese manufacturers.

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What measures does Saxony propose to mitigate the economic and social consequences of the transition to e-mobility?

Saxony suggests promoting competitive energy prices, faster grid expansion, and expanded charging infrastructure to support e-mobility. They also propose diversification of products among automotive suppliers and exploring social leasing programs for increased e-vehicle affordability, drawing inspiration from successful French models.

zeit.de

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Sep 14, 16:18

Mercedes-Benz faces pressure over Ludwigsfelde plant future

Amidst concerns over job security, the IG Metall union and Brandenburg's Minister of Economic Affairs urge Mercedes-Benz to clarify the future of its Ludwigsfelde plant, which produces the Sprinter van, affecting 1800 employees and the surrounding region.

Mercedes-Benz faces pressure over Ludwigsfelde plant future

Amidst concerns over job security, the IG Metall union and Brandenburg's Minister of Economic Affairs urge Mercedes-Benz to clarify the future of its Ludwigsfelde plant, which produces the Sprinter van, affecting 1800 employees and the surrounding region.

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What are the broader economic and social consequences of a potential plant closure?

Closing the Ludwigsfelde plant would lead to significant job losses, impacting not only the 1800 employees but also the wider region economically. Skilled workers might leave, hindering regional development. The union argues that relocating a successful production line abroad is irresponsible.

it.euronews.com

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Sep 13, 01:17

EU Auto Industry Confirms Electric Future Despite Challenges

A high-level meeting in Brussels confirmed the EU's commitment to electric vehicles by 2035, despite industry requests for flexibility and ongoing challenges like low EV adoption rates and insufficient charging infrastructure.

EU Auto Industry Confirms Electric Future Despite Challenges

A high-level meeting in Brussels confirmed the EU's commitment to electric vehicles by 2035, despite industry requests for flexibility and ongoing challenges like low EV adoption rates and insufficient charging infrastructure.

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What is the European Union's current strategy for the automotive industry, and what are its immediate implications?

The EU's strategy centers on a complete phaseout of combustion engine vehicles by 2035, prioritizing electric vehicles. This will significantly impact automakers, requiring massive investments in electric vehicle production and potentially leading to job shifts within the industry. The 2035 target remains firm despite industry calls for flexibility.

elmundo.es

🌐 75% Global Worthiness

Sep 10, 22:18

Basque Government Defends Auto Industry's "Technological Neutrality

The Basque government is supporting the automotive industry's push against the EU's 2035 combustion engine ban, citing regional economic impact and promoting a "technologically neutral" approach to decarbonization, exemplified by subsidies boosting new vehicle sales by 30%.

Basque Government Defends Auto Industry's "Technological Neutrality

The Basque government is supporting the automotive industry's push against the EU's 2035 combustion engine ban, citing regional economic impact and promoting a "technologically neutral" approach to decarbonization, exemplified by subsidies boosting new vehicle sales by 30%.

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How is the Basque government supporting the automotive industry, and what impact have these measures had?

The Basque government is using financial aid for new vehicle purchases (up to €3,500 with vehicle scrapping) to stimulate demand. This policy has already resulted in a 30% increase in vehicle sales, according to the government. The deadline for these subsidies has been extended to October 15th.

welt.de

🌐 75% Global Worthiness

Sep 8, 10:18

European Electric Vehicle Market Recovering After 2024 Dip

The Chemnitz Automotive Institute (CATI) predicts a rebound in European electric vehicle registrations in 2025, reaching 17.5 percent in Europe and 17.7 percent in Germany, up from 13.9 percent and 12.5 percent respectively in 2024, driven by adapted manufacturer strategies and anticipated lower pri...

European Electric Vehicle Market Recovering After 2024 Dip

The Chemnitz Automotive Institute (CATI) predicts a rebound in European electric vehicle registrations in 2025, reaching 17.5 percent in Europe and 17.7 percent in Germany, up from 13.9 percent and 12.5 percent respectively in 2024, driven by adapted manufacturer strategies and anticipated lower pri...

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What caused the significant drop in European electric vehicle registrations in 2024, and what are the immediate implications?

The abrupt end of environmental subsidies in Germany in 2024 triggered market uncertainty and a 7.5 percent increase in purchase prices, resulting in a substantial decline in electric vehicle registrations. This highlights the sensitivity of the market to government incentives and pricing.

lemonde.fr

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Sep 7, 04:15

Stellantis CEO Challenges EU's 2035 Ban on Combustion Engine Vehicles

Stellantis CEO Antonio Filosa criticized the EU's 2035 ban on combustion engine vehicle sales as unrealistic, advocating for flexibility for manufacturers struggling amidst a crisis, echoing concerns raised by BMW and Mercedes-Benz.

Stellantis CEO Challenges EU's 2035 Ban on Combustion Engine Vehicles

Stellantis CEO Antonio Filosa criticized the EU's 2035 ban on combustion engine vehicle sales as unrealistic, advocating for flexibility for manufacturers struggling amidst a crisis, echoing concerns raised by BMW and Mercedes-Benz.

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What is the core issue raised by Stellantis' CEO regarding the EU's 2035 ban on combustion engine vehicles?

Filosa deems the 2035 ban and the 55% emissions reduction target by 2030 unrealistic without incorporating flexibility for automakers. He argues this is necessary to balance decarbonization with maintaining industrial activity, particularly given current market challenges.

Showing 13 to 24 of 727 results