Tag #Automotive Industry

Showing 493 to 504 of 727 results

usa.chinadaily.com.cn
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US Tariffs Raise Concerns for Japanese Businesses

The US imposed tariffs on Canada, Mexico, and China, prompting concerns from Japanese businesses, particularly in the auto sector, due to their reliance on Mexican and Canadian supply chains; the Japanese government is assessing the situation and providing support.

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56% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Porsche Revises EV Strategy Amidst Weak Demand, €800 Million Cost Increase

Porsche is revising its electric vehicle strategy due to weak demand and challenges in China, expecting €800 million in added costs in 2024 to develop combustion engine and plug-in hybrid vehicles, invest in batteries, and restructure; sales fell 3 percent overall, with a 28 percent drop in China.

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44% Bias Score

Climate Action
dw.com
🌐 85% Global Worthiness
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Trump's Tariff Threats on EU Remain Unfulfilled, But Looming Danger Persists

Despite initial threats, Donald Trump has not yet imposed new tariffs on the EU; however, recently imposed 25% tariffs on Canadian and Mexican goods pose a significant threat to European industries, particularly impacting German automotive manufacturers with substantial operations in North America, ...

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Honda-Nissan Merger Talks Falter Over Subsidiary Proposal

Honda's proposal to make Nissan a subsidiary was rejected by Nissan, jeopardizing their planned merger. Nissan cited concerns about losing management control, while Honda expressed impatience with Nissan's slow restructuring progress. The talks are now at risk of collapse.

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52% Bias Score

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forbes.com
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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

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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

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zeit.de
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Porsche Board Shakeup Amidst Electric Vehicle Struggles

Porsche announced potential departures of board members Lutz Meschke and Detlev von Platen following disappointing electric vehicle sales and a 27% drop in Porsche AG's stock price since its IPO in Fall 2022.

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60% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump's Tariffs Threaten US Auto Industry

President Trump's proposed 25% tariffs on Canadian and Mexican vehicle imports, temporarily suspended, could increase car prices by $6,250 on average, decrease production by 30%, and cause billions in industry profit losses, while potentially benefiting foreign competitors.

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40% Bias Score

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nbcnews.com
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China Tariffs Increase Auto Part Costs, Impacting U.S. Consumers

President Trump's 10% tariff increase on Chinese imports will primarily affect Ford and GM, impacting their Lincoln Nautilus and Buick Envision models, and increasing auto part costs; this adds to already high vehicle prices, potentially dampening sales.

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44% Bias Score

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cnnespanol.cnn.com
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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

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dailymail.co.uk
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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
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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

Showing 493 to 504 of 727 results