Tag #Automotive Industry

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zeit.de

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Nov 22, 16:17

Bosch to Cut Thousands of Jobs Amidst Auto Industry Crisis

Bosch announces plans to cut up to 5,550 jobs due to the automotive industry crisis, sparking strong criticism from labor unions.

Bosch to Cut Thousands of Jobs Amidst Auto Industry Crisis

Bosch announces plans to cut up to 5,550 jobs due to the automotive industry crisis, sparking strong criticism from labor unions.

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What are the main reasons behind Bosch's decision to cut jobs?

Bosch plans to cut up to 5,550 jobs in the coming years, with over 3,800 of those cuts in Germany, due to the crisis in the automotive industry.

welt.de

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Nov 21, 22:03

VW-IG Metall Labor Dispute Intensifies

Labor dispute at Volkswagen escalates as IG Metall prepares for major strikes in December due to unresolved disagreements over job cuts and plant closures.

VW-IG Metall Labor Dispute Intensifies

Labor dispute at Volkswagen escalates as IG Metall prepares for major strikes in December due to unresolved disagreements over job cuts and plant closures.

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What actions is IG Metall taking to pressure Volkswagen in negotiations?

Negotiations have stalled despite three rounds of talks, prompting IG Metall to prepare for warning strikes starting December 1st, once the peace obligation expires. VW has agreed to negotiate based on IG Metall's proposal, but significant disagreements persist regarding job cuts and plant closures.

aljazeera.com

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Nov 15, 01:02

Repealing the EV Tax Credit: Impacts on Tesla and the US Market

Analysis of the potential consequences of repealing the US electric vehicle tax credit, including impacts on Tesla, other automakers, and the overall EV transition.

Repealing the EV Tax Credit: Impacts on Tesla and the US Market

Analysis of the potential consequences of repealing the US electric vehicle tax credit, including impacts on Tesla, other automakers, and the overall EV transition.

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How do other automakers view the potential repeal of the EV tax credit?

The Alliance for Automotive Innovation, representing major automakers (excluding Tesla), opposes the repeal, highlighting the credit's importance for establishing the US as a global EV leader. They believe this credit is vital for cementing US leadership in the auto technology sector.

cnbc.com

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Nov 8, 07:22

Nissan's Financial Crisis and Restructuring

Nissan reports significant losses, announces major job cuts and cost reductions.

Nissan's Financial Crisis and Restructuring

Nissan reports significant losses, announces major job cuts and cost reductions.

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What were the key findings from Nissan's second-quarter financial results?

Nissan's second-quarter results revealed a 9.3 billion yen net loss, a significant reversal from the previous year's profit. This led to a sharp drop in the company's share price and prompted drastic cost-cutting measures.

cnbc.com

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Nov 8, 22:24

Toyota Challenges California's EV Mandate

Toyota criticizes California's ambitious electric vehicle mandate as unachievable, warning of reduced customer choice and industry distortion.

Toyota Challenges California's EV Mandate

Toyota criticizes California's ambitious electric vehicle mandate as unachievable, warning of reduced customer choice and industry distortion.

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What is Toyota's stance on California's electric vehicle mandate for 2026?

Toyota claims California's electric vehicle mandate for 2026 is unachievable due to insufficient demand and will limit customer choice.

faz.net

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Nov 5, 13:23

Audi's Q3 Profit Plunge

Audi's Q3 2023 results show a sharp decline in operating profit, but luxury brands and employment guarantees offer a glimmer of hope.

Audi's Q3 Profit Plunge

Audi's Q3 2023 results show a sharp decline in operating profit, but luxury brands and employment guarantees offer a glimmer of hope.

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What is Audi's current stance on employment and hiring?

Audi maintains its employment guarantee until 2029, including the absorption of apprentices. While there's no explicit hiring freeze, external recruitment is now highly selective.

us.cnn.com

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Nov 21, 01:03

Ford to Cut 4,000 Jobs in Europe

Ford announces plans to cut nearly 4,000 jobs in Europe due to slow electric vehicle demand and Chinese competition.

Ford to Cut 4,000 Jobs in Europe

Ford announces plans to cut nearly 4,000 jobs in Europe due to slow electric vehicle demand and Chinese competition.

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What are the primary reasons behind Ford's decision to cut jobs in Europe?

Ford is cutting almost 4,000 jobs in Europe, about 14% of its workforce, due to slowing electric vehicle demand and competition from China.

welt.de

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Nov 20, 07:18

VW Unions Counter Austerity Plan

Labor unions at Volkswagen present a counter-plan to the company's cost-cutting measures, emphasizing product improvements and investments in innovation to secure jobs and the long-term viability of the company.

VW Unions Counter Austerity Plan

Labor unions at Volkswagen present a counter-plan to the company's cost-cutting measures, emphasizing product improvements and investments in innovation to secure jobs and the long-term viability of the company.

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What are the key areas of disagreement between the unions and Volkswagen's management?

The plan emphasizes enhancing Volkswagen's product portfolio, particularly with a competitive electric entry-level model, and improving efficiency by reducing complexity and eliminating redundancies across brands.

zeit.de

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Nov 9, 04:08

Volkswagen's Cost-Cutting Sparks Controversy in Lower Saxony

Lower Saxony's Economics Minister criticizes Volkswagen's cost-cutting measures, including job security termination, and opposes plant closures.

Volkswagen's Cost-Cutting Sparks Controversy in Lower Saxony

Lower Saxony's Economics Minister criticizes Volkswagen's cost-cutting measures, including job security termination, and opposes plant closures.

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What is the significance of Lower Saxony's stake in Volkswagen in this context?

Six of Volkswagen's ten German plants are located in Lower Saxony, with the Wolfsburg headquarters employing over 60,000 workers; Lower Saxony holds a 20% stake in VW and a blocking minority.

dw.com

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Nov 8, 13:10

Volkswagen: A German Icon

This article explores Volkswagen's deep connection to German identity, its iconic models' role in the post-war economic miracle, and the brand's current challenges.

Volkswagen: A German Icon

This article explores Volkswagen's deep connection to German identity, its iconic models' role in the post-war economic miracle, and the brand's current challenges.

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What is the significance of Volkswagen in German history and culture?

The article discusses Volkswagen's enduring legacy in Germany, highlighting its iconic models like the Beetle, Bulli, and Golf, which became symbols of the country's post-war economic miracle and shaped generations.

dw.com

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Nov 6, 19:08

Volkswagen's Crisis: Electric Vehicles, China, and the Future of the German Auto Industry

Volkswagen, a German automotive giant, faces a multi-pronged crisis encompassing the legacy of Dieselgate, increased competition from Chinese automakers, and the challenges of transitioning to electric vehicles. The crisis is impacting not just VW but also the wider German economy.

Volkswagen's Crisis: Electric Vehicles, China, and the Future of the German Auto Industry

Volkswagen, a German automotive giant, faces a multi-pronged crisis encompassing the legacy of Dieselgate, increased competition from Chinese automakers, and the challenges of transitioning to electric vehicles. The crisis is impacting not just VW but also the wider German economy.

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Why is Volkswagen in crisis?

Volkswagen's crisis is multifaceted, encompassing the lingering effects of Dieselgate, high energy and labor costs, inflation, decreased demand in key markets like China, and the challenges of transitioning to electric vehicles. The company's slower-than-expected investment in electric vehicle technology and software also plays a significant role.

Showing 553 to 563 of 563 results