Tag #Automotive Industry

Showing 337 to 348 of 564 results

cnnespanol.cnn.com
🌐 85% Global Worthiness
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US-Canada Tariff Dispute Paused, but Deeper Issues Remain

Amidst a 30-day pause on US tariffs against Canadian goods, Martinrea International's CEO voiced concerns about the economic impact, highlighting the strong US-Canada economic ties and the inaccuracies in claims of a significant US trade deficit with Canada; the pause was linked to Canada's increase...

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK's New EV Tax Hikes Raise Concerns About Adoption Rates

The UK government introduced a new Vehicle Excise Duty (VED) for electric vehicles starting April 1st, 2025, costing owners £195 annually, plus an additional £425 for vehicles over £40,000, potentially slowing EV adoption and impacting manufacturers' ability to meet sales targets.

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60% Bias Score

Climate Action
english.kyodonews.net
🌐 85% Global Worthiness
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Honda Proposes Nissan Become Subsidiary, Altering Planned Merger

Honda Motor Co. proposed that Nissan Motor Co. become its subsidiary, a major change to their previously planned 2026 merger under a holding company due to Nissan's failure to demonstrate a successful business turnaround, prompting a delay in the announcement of merger details to mid-February.

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40% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Stellantis Restructures for Enhanced Efficiency and Growth

Stellantis announced a restructuring on January 11, 2025, streamlining its organization to improve efficiency and customer service, with new leadership appointments in key areas like product development, quality, and marketing, while the search for a new CEO continues.

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44% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Porsche Seeks Departure of CFO and Sales Director Amidst Declining Sales

Porsche is seeking the departure of CFO Lutz Meschke and Sales Director Detlev von Platen due to criticism of their handling of the company's declining sales and weak stock price, particularly in the Chinese market; the company's global vehicle deliveries fell by 3% in 2024, with a significant 28% d...

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44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Daimler Truck to Cut €1 Billion in European Costs by 2030

Daimler Truck aims to cut €1 billion in costs in Europe by 2030, prompting discussions with employee representatives amid competition from Chinese manufacturers and high electric vehicle development costs; the plan, called "Cost Down Europe", affects Mercedes-Benz Trucks' 34,000 German employees (ex...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Ferrari's Profitability Soars Amidst Industry Turmoil

Ferrari reported €2.56 billion in EBITDA for 2024, exceeding expectations; the company anticipates further profit growth in 2025, driven by strong demand and the upcoming launch of its first electric vehicle, the Ferrari Elettrica, on October 9th.

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52% Bias Score

Decent Work and Economic Growth
dw.com
🌐 90% Global Worthiness
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EU Weighs Retaliation as Trump Imposes Tariffs

President Trump announced new tariffs on goods from Canada, Mexico, and China, prompting strong reactions from European leaders, who are considering retaliatory measures while emphasizing the importance of transatlantic relations; the German auto industry could face severe consequences.

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56% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Trump's EV Policy Reversal Creates Global Automotive Uncertainty

President Trump's reversal of the Biden-era 50% EV sales target and threatened tariffs on key trading partners are causing uncertainty in the global automotive industry, disrupting manufacturing plans and potentially affecting EV sales in the US and Australia.

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40% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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German Private EV Adoption Plummets in 2024

HUK Coburg insurance data reveals that only 4% of private car owners switched to electric vehicles in 2024, down from nearly 7% in 2022, due to factors like high prices, lack of experience, and the end of government subsidies; this contrasts with higher adoption rates in company fleets.

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48% Bias Score

Climate Action
cnn.com
🌐 85% Global Worthiness
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Tesla Misses Q4 2024 Earnings Amidst Increased Competition

Tesla reported lower-than-expected Q4 2024 earnings, with revenue of $25.7 billion ( $1.5 billion below forecasts) and net income of $2.5 billion, due to increased competition and a drop in sales, while its plans for new models and autonomous vehicles remain on track.

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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Continental to Close Contitech Plants, 580 Jobs Affected

Continental is closing several Contitech plants in four German states, affecting 580 jobs, including 58 in Saxony, due to decreased demand in the automotive and lignite mining sectors; the company aims to manage the restructuring socially responsibly.

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44% Bias Score

Decent Work and Economic Growth

Showing 337 to 348 of 564 results