Tag #Automotive Industry

Showing 397 to 408 of 727 results

elmundo.es
🌐 65% Global Worthiness
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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

Industry, Innovation, and Infrastructure
zeit.de
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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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

Industry, Innovation, and Infrastructure
welt.de
🌐 65% Global Worthiness
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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

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
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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

Decent Work and Economic Growth
english.kyodonews.net
🌐 85% Global Worthiness
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Nissan Appoints New CEO Amidst Business Slump, Failed Honda Merger

Nissan Motor Co. appointed Ivan Espinosa as its new CEO on April 1st, replacing Makoto Uchida, after merger talks with Honda collapsed due to Honda's subsidiary proposal. Espinosa aims to revive Nissan's business, which suffered over a 90 percent profit drop in nine months, and faces challenges in t...

Progress

48% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 85% Global Worthiness
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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

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth
t24.com.tr
🌐 75% Global Worthiness
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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

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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EU Weakens 2035 Combustion Engine Ban Amidst Industry Pressure

Facing economic headwinds and political pressure, the European Commission softened 2024 emission targets for cars and will review its 2035 ban on combustion engine vehicles earlier than planned, despite initial approval by all member states in 2023, creating uncertainty about the future of the EU's ...

Progress

60% Bias Score

Climate Action
welt.de
🌐 85% Global Worthiness
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VW's Ambitious 10-Year Plan: From Profit Drop to Tech Leadership

Volkswagen, facing significant profit drops in 2024, aims to become a global technology leader in the automotive industry within 10 years by partnering with XPeng and Rivian for software development and focusing on competitive electric vehicles, particularly in the challenging Chinese market.

Progress

48% Bias Score

Industry, Innovation, and Infrastructure
liberation.fr
🌐 85% Global Worthiness
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Trump Doubles Tariffs on Canadian Goods After Ontario Surtax

President Trump doubled tariffs on Canadian steel and aluminum to 50% in response to Ontario's surtax on electricity exports to the US, impacting 1.5 million households and businesses; he also threatened further tariffs on Canadian cars.

Progress

60% Bias Score

Decent Work and Economic Growth

Showing 397 to 408 of 727 results