Showing 229 to 240 of 563 results
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.
Daimler Truck Announces €1 Billion Cost-Cutting Program
Daimler Truck announced a cost-cutting program, "Cost Down Europe," aiming to reduce recurring costs by over €1 billion in its European truck division by 2030, including job cuts but excluding compulsory redundancies in Germany until 2029; negotiations with the works council are ongoing.
Progress
32% Bias Score
Seat Faces Financial Strain Due to Tariffs on Chinese Electric Vehicles
Seat CEO Wayne Griffiths criticizes tariffs on Chinese electric vehicles, citing a 20.7% tariff on the Cupra Tavascan causing a 0.6% drop in operating margin and threatening production cuts for less profitable models unless the tariff is reduced or eliminated.
Seat Faces Financial Strain Due to Tariffs on Chinese Electric Vehicles
Seat CEO Wayne Griffiths criticizes tariffs on Chinese electric vehicles, citing a 20.7% tariff on the Cupra Tavascan causing a 0.6% drop in operating margin and threatening production cuts for less profitable models unless the tariff is reduced or eliminated.
Progress
48% Bias Score
Seat Delays Electric Vehicle Production Amidst Market Uncertainty
Seat delays its electric vehicle production due to low market demand (5% in Spain, <14% in Europe) and prioritizes profitability, while focusing on Cupra's expansion into the US market by 2030 and investing €10 billion in the Future: Fast Forward project.
Seat Delays Electric Vehicle Production Amidst Market Uncertainty
Seat delays its electric vehicle production due to low market demand (5% in Spain, <14% in Europe) and prioritizes profitability, while focusing on Cupra's expansion into the US market by 2030 and investing €10 billion in the Future: Fast Forward project.
Progress
44% Bias Score
German Patent Applications Rise Despite Economic Headwinds
Despite economic hardship, German industrial patent applications at the DPMA increased by 4 percent in 2024 to 40,064, with the automotive sector leading; however, only 45.242 of applications were accepted, generating a surplus of nearly €229 million for the federal budget.
German Patent Applications Rise Despite Economic Headwinds
Despite economic hardship, German industrial patent applications at the DPMA increased by 4 percent in 2024 to 40,064, with the automotive sector leading; however, only 45.242 of applications were accepted, generating a surplus of nearly €229 million for the federal budget.
Progress
32% Bias Score
Nissan Appoints New CEO Amidst Financial Crisis and Trade Uncertainty
Nissan replaces CEO Makoto Uchida with Iván Espinosa, a Mexican executive, amid financial losses, failed merger talks, and potential US tariffs on Mexican-made goods; the company plans to focus on the North American market.
Nissan Appoints New CEO Amidst Financial Crisis and Trade Uncertainty
Nissan replaces CEO Makoto Uchida with Iván Espinosa, a Mexican executive, amid financial losses, failed merger talks, and potential US tariffs on Mexican-made goods; the company plans to focus on the North American market.
Progress
44% Bias Score
Contitech's Bad Blankenburg Plant Closure Threatens 185 Jobs
Contitech plans to close its Bad Blankenburg plant in Thuringia, Germany, by the end of 2025, affecting 185 jobs due to declining demand in the plastics sector; 100 employees protested, and negotiations for relocation and severance are underway.
Contitech's Bad Blankenburg Plant Closure Threatens 185 Jobs
Contitech plans to close its Bad Blankenburg plant in Thuringia, Germany, by the end of 2025, affecting 185 jobs due to declining demand in the plastics sector; 100 employees protested, and negotiations for relocation and severance are underway.
Progress
36% Bias Score
Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact
Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...
Mercedes-Benz CEO Warns of US-EU Trade Conflict Impact
Mercedes-Benz CEO Ola Källenius voiced concern over a potential US-EU trade conflict, emphasizing Europe's export-dependent economy despite Mercedes's large US production (260,000 cars in Tuscaloosa, Alabama, and Sprinters in Charleston, South Carolina) and US sales (324,500 cars and 49,500 vans in ...
Progress
48% Bias Score
Corporate EV Leasing: A Bridge to Sustainable Transport?
Increased corporate leasing of electric vehicles is a response to EU regulations on CO2 emissions, benefiting both businesses seeking sustainable transport and automakers needing to meet emission targets, although the long-term sustainability of this approach is uncertain.
Corporate EV Leasing: A Bridge to Sustainable Transport?
Increased corporate leasing of electric vehicles is a response to EU regulations on CO2 emissions, benefiting both businesses seeking sustainable transport and automakers needing to meet emission targets, although the long-term sustainability of this approach is uncertain.
Progress
44% Bias Score
Trump Tariffs to Hike US Car Prices, Further Depressing Market
Trump's threatened tariffs on imported cars would immediately raise US car prices by $4,000-$10,000, impacting a stagnant market; the US imported 150,000 cars in 2023, while Canada exported $38 billion in cars and $19 billion in parts to the US in 2024. Mexico is the largest car exporter to the US.
Trump Tariffs to Hike US Car Prices, Further Depressing Market
Trump's threatened tariffs on imported cars would immediately raise US car prices by $4,000-$10,000, impacting a stagnant market; the US imported 150,000 cars in 2023, while Canada exported $38 billion in cars and $19 billion in parts to the US in 2024. Mexico is the largest car exporter to the US.
Progress
40% Bias Score
Ford Cologne Plant Faces Closure Amid Worker Protest
Ford's Cologne plant faces potential closure after the US parent company ended its financial protection, sparking a protest by 100 employees who are concerned about the planned job losses of 2900 in three years and the lack of a future plan by the management. The IG Metall union vows to fight back, ...
Ford Cologne Plant Faces Closure Amid Worker Protest
Ford's Cologne plant faces potential closure after the US parent company ended its financial protection, sparking a protest by 100 employees who are concerned about the planned job losses of 2900 in three years and the lack of a future plan by the management. The IG Metall union vows to fight back, ...
Progress
52% Bias Score
BDDK Tightens Turkish Vehicle Loan Regulations
Turkey's Banking Regulation and Supervision Agency (BDDK) tightened vehicle loan regulations, limiting loans to 70% loan-to-value for vehicles up to 2,500,000 TL with a 48-month term, and eliminating loans for vehicles above 7,500,000 TL.
BDDK Tightens Turkish Vehicle Loan Regulations
Turkey's Banking Regulation and Supervision Agency (BDDK) tightened vehicle loan regulations, limiting loans to 70% loan-to-value for vehicles up to 2,500,000 TL with a 48-month term, and eliminating loans for vehicles above 7,500,000 TL.
Progress
32% Bias Score
VW Profit Down 31 Percent in 2023 Amidst Restructuring"
Volkswagen's 2023 net profit dropped 31 percent to €12.4 billion due to decreased earnings in China and high restructuring costs, while the company plans further cost cuts, a 5 percent revenue increase in 2024 and job reductions in Germany.
VW Profit Down 31 Percent in 2023 Amidst Restructuring"
Volkswagen's 2023 net profit dropped 31 percent to €12.4 billion due to decreased earnings in China and high restructuring costs, while the company plans further cost cuts, a 5 percent revenue increase in 2024 and job reductions in Germany.
Progress
32% Bias Score
Showing 229 to 240 of 563 results