Tag #Automotive Industry

Showing 229 to 240 of 727 results

dw.com
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Trump Tariffs Trigger Billions in Losses, Threaten Global Trade

President Trump's tariffs have caused billions in losses via stock market crashes and threaten global trade, significantly impacting Germany's auto industry despite not being the largest US car exporter; this is due to the US being Germany's largest export market in 2024 (3.4 million vehicles).

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48% Bias Score

Decent Work and Economic Growth
firenze.repubblica.it
🌐 75% Global Worthiness
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Brandini Group Expands in Tuscany, Investing in Customer Service and Digitalization

The Brandini Group, an Italian automotive giant with €500 million in annual revenue, acquired SuperAuto in Monteriggioni, expanding its Tuscan presence and strengthening its position for further growth by emphasizing customer experience and service expansion.

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56% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Honda Profit Falls 24.5%, Tariffs to Further Reduce Earnings

Honda's fiscal year profit dropped 24.5% to \$5.6 billion due to decreased China sales and projected \$4.4 billion tariff-related losses through March 2026, despite record motorcycle sales and increased hybrid sales in the U.S.; the company plans to shift production to U.S. plants.

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48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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Czech Republic: Arms Boom Compensates for Automotive Industry Decline

The Czech Republic, formerly the world's leading per capita car producer, saw a 7.1% drop in automotive production in Q1 2025 due to Western demand issues, but its arms industry is booming, driven by the Ukraine war, potentially employing laid-off automotive workers.

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52% Bias Score

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welt.de
🌐 75% Global Worthiness
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Saxony-Anhalt Demands Urgent Economic Policy Shift

Saxony-Anhalt's Minister of Economic Affairs, Sven Schulze (CDU), calls for a rapid change in the new federal government's economic policy due to high energy prices and the struggling automotive supplier industry, while opposition parties criticize the government's approach and offer alternative sol...

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44% Bias Score

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mk.ru
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Return of International Car Brands to Russia Will Result in Significantly Higher Prices

Former head of the Russian Automobile Dealers Association, Oleg Moseev, predicts a significant price increase for returning car brands in Russia, with budget models like Kia Sportage potentially doubling in price due to global market trends, increased disposal fees, and higher logistical costs.

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52% Bias Score

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welt.de
🌐 75% Global Worthiness
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Daimler Truck Cuts Forecast Amidst US Economic Uncertainty

Daimler Truck lowered its annual sales forecast due to economic uncertainty and reduced North American orders (-29 percent in Q1), despite exceeding first-quarter profit expectations; the company now projects 155,000-175,000 truck sales in North America in 2024, down from the previous 180,000-200,00...

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44% Bias Score

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dw.com
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Czech Republic: Arms Boom Offsets Automotive Decline

The Czech Republic, once the world's highest per capita car producer, saw a 7.1% drop in automotive production in Q1 2025 due to Western demand issues, while its arms industry booms, potentially creating 1,000 new jobs at STV Group alone, offsetting automotive job losses.

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56% Bias Score

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cincodias.elpais.com
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Nissan Announces 20,000 Global Job Cuts Amidst ¥670.9 Billion Net Loss

Nissan Motor announced 20,000 job cuts globally by 2027 due to a ¥670.9 billion net loss in fiscal year 2024, attributed to asset depreciation and increased costs; the restructuring includes reducing production plants from 17 to 10 and a 30% production volume decrease (excluding China).

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44% Bias Score

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dailymail.co.uk
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JLR Reports Record Profits Amidst US Tariff Uncertainty

JLR announced record £2.5 billion pre-tax profits despite a temporary US export halt due to new tariffs; a revised UK-US trade deal reduced tariffs to 10 percent, prompting the company to resume exports while CEO Adrian Mardell doesn't rule out future US production.

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52% Bias Score

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dw.com
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Czech Automotive Decline Offset by Defense Industry Boom

The Czech Republic's automotive production fell 7.1% in Q1 2025 due to weak Western European demand, while its defense industry boomed, increasing production and profits, driven by Ukrainian orders and potentially becoming a new economic engine.

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44% Bias Score

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dailymail.co.uk
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Nissan to Cut Nearly 20,000 Jobs Globally Amidst Financial Crisis

Nissan, facing a projected £3.8 billion loss, will cut almost 20,000 jobs globally—more than double its initial plan—to save £2 billion, raising concerns about its UK Sunderland plant employing 6,000.

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56% Bias Score

Decent Work and Economic Growth

Showing 229 to 240 of 727 results