Tag #Automotive Industry

theglobeandmail.com
🌐 85% Global Worthiness
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Tesla Reports First Annual Delivery Decline Amidst Growing Competition

Tesla's 2024 vehicle deliveries fell 1.1% short of analyst predictions, totaling 1.79 million units, due to increased competition, reduced subsidies, and an aging product line; this resulted in a nearly 6% drop in Tesla's share price.

Progress

52% Bias Score

Industry, Innovation, and Infrastructure
theguardian.com
🌐 85% Global Worthiness
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UK's 2034 Hybrid Car Sales Decision

The UK government is deciding whether to permit sales of non-plug-in hybrid vehicles until 2034, balancing environmental goals with the impact on the domestic auto industry, particularly Toyota's Burnaston plant.

Progress

48% Bias Score

Climate Action
repubblica.it
🌐 85% Global Worthiness
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BYD Challenges Tesla for Top Spot in 2024 Vehicle Sales

In 2024, BYD sold 4.25 million vehicles, including a record 509,440 in December, fueled by subsidies and incentives, putting them in a close race with Tesla for top vehicle sales.

Progress

44% Bias Score

Climate Action
nos.nl
🌐 85% Global Worthiness
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Trump's Potential EV Tax Credit Rollback Threatens US Electric Vehicle Market

Facing a potential rollback of billions in federal green subsidies and tax incentives under a second Trump administration, the US electric vehicle market faces uncertainty, particularly impacting California's ambitious 2035 goal of 100% electric new car sales.

Progress

60% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Software Recalls, Mergers, and South American Tech Hubs Reshape the Auto Industry in 2025

In 2025, the auto industry will grapple with a 42% surge in software recalls (up from 13% in 2023), pushing major automakers like GM and Ford toward mergers or alliances to share software development costs, while simultaneously expanding into South American tech centers for lower labor costs and a r...

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 75% Global Worthiness
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Affordable Electric Vehicles Set to Transform UK Market

The UK's electric vehicle market is expanding rapidly, with several budget-friendly models like the Renault Twingo, Volkswagen ID2all, and Fiat Panda expected in 2025 and 2026, aiming to compete with the current cheapest, the Dacia Spring (£14,495).

Progress

20% Bias Score

Affordable and Clean Energy
dw.com
🌐 85% Global Worthiness
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German Auto Industry in Recession Amidst EV Transition and Policy Uncertainty

The German automotive industry is in recession in 2025 due to a combination of factors including the transition to electric vehicles, inconsistent government policies, and increased competition from China, leading to thousands of planned job cuts and uncertainty about the future.

Progress

44% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Dutch New Car Registrations Rise 3.1% in 2024

The Netherlands saw a 3.1% rise in new car registrations in 2024, reaching 381,227, driven partly by a December surge and the phasing out of electric car subsidies; hybrid cars remain most popular, but gasoline cars still dominate the overall market.

Progress

36% Bias Score

Climate Action
abcnews.go.com
🌐 85% Global Worthiness
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Slow EV Adoption in 2025 Amidst Hybrid Dominance and Chinese Competition

In 2025, hybrid vehicles continue to dominate sales, while electric vehicle adoption slows despite discounts and 0% financing deals. The rise of Chinese EV manufacturers and potential policy shifts under President-elect Trump add uncertainty to the market.

Progress

40% Bias Score

Responsible Consumption and Production
forbes.com
🌐 90% Global Worthiness
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China Dominates Global EV Market, Forcing Western Automakers to Respond

Chinese automaker BYD overtook Tesla in 2023 global EV production with 2.4 million registrations and an 11% Chinese market share, driven by massive government investment and a comprehensive EV ecosystem, posing a major challenge to American and European automakers who are responding with cost-cuttin...

Progress

52% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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EU's CAFE Standards Threaten €15 Billion in Fines for Automakers

The European Union's new CAFE emission standards, effective Wednesday, mandate a significant reduction in vehicle CO2 emissions by 2027, forcing automakers to increase electric vehicle sales to avoid €15 billion in fines and potentially impacting production in countries like Spain, where 91% of car ...

Progress

52% Bias Score

Climate Action
lemonde.fr
🌐 75% Global Worthiness
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Nissan Ends Renault Alliance, Partners with Honda

Nissan is ending its 25-year alliance with Renault, partnering with Honda to overcome financial challenges such as massive debt and overcapacity, while Renault chooses to remain independent in a competitive electric vehicle market.

Progress

44% Bias Score

Decent Work and Economic Growth