Tag #Automotive Industry

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abcnews.go.com
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Osamu Suzuki, Former Suzuki Motor CEO, Dies at 94

Osamu Suzuki, former CEO of Suzuki Motor Corp., died Wednesday at age 94 from malignant lymphoma; his leadership transformed the company into a global player known for its affordable, high-quality mini-cars and strategic partnerships.

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20% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Global EV Sales Surge 25% in 2024, but Future Uncertain

Global electric vehicle sales increased by 25% in 2024, reaching 15.2 million units, with China leading at 50% of new car sales in July; however, uncertainty around future purchase subsidies and competition from other automakers could impact growth.

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44% Bias Score

Climate Action
edition.cnn.com
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Potential Elimination of $7,500 EV Tax Credit Creates Buying Opportunity

President-elect Trump's potential elimination of the $7,500 federal electric vehicle tax credit, possibly retroactive to January 1st, 2025, combined with high EV inventories and attractive automaker incentives, creates a favorable buying opportunity for consumers, but risks harming legacy automakers...

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40% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
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Nissan-Honda Merger to Create \$191 Billion Auto Giant

Nissan and Honda announced plans to merge, forming a joint holding company by June 2025 with Mitsubishi potentially joining; the new entity aims for \$191 billion in annual sales and \$19 billion in operating profit, creating the world's third-largest auto group.

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52% Bias Score

Industry, Innovation, and Infrastructure
bbc.com
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UK Launches Consultation on 2030 Petrol and Diesel Car Ban

The UK government launched a consultation on its plan to ban the sale of new petrol and diesel cars by 2030, aiming to clarify the policy and address industry concerns about market demand and the Zero Emission Vehicle mandate, following a recent decline in UK car production and amid thousands of job...

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32% Bias Score

cnbc.com
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Ghosn Warns of Nissan Job Losses in Honda Merger

Former Nissan CEO Carlos Ghosn voiced concerns that a planned merger between Nissan and Honda, announced Monday, would lead to significant cost-cutting at Nissan, while the companies stated that the merger would create the world's third-largest automaker with $54 billion market capitalization.

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44% Bias Score

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cincodias.elpais.com
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Honda-Nissan Merger Talks Send Stocks Soaring Amidst Chinese Competition

Following reports of merger talks, Honda and Nissan stocks soared, driven by analysts' belief that a combined entity would create a powerful Japanese automaker capable of challenging the growth of Chinese competitors in the electric vehicle market, particularly BYD.

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40% Bias Score

Industry, Innovation, and Infrastructure
cincodias.elpais.com
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Germany's Manufacturing Crisis: Decline, Competition, and the Path Ahead

Germany's manufacturing sector faces a significant decline due to decreased production across key industries (automobiles, machinery, electronics), impacting thousands of jobs and highlighting a loss of technological competitiveness, particularly against China; the upcoming elections will be crucial...

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52% Bias Score

Decent Work and Economic Growth
cnn.com
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Impending EV Tax Credit Elimination Creates Ideal Buying Opportunity

The potential elimination of a $7,500 federal tax credit for electric vehicles (EVs), possibly retroactive to January 1st, 2025, is driving current incentives and may reshape the US EV market. High inventories, attractive financing deals, and conflicting interests among automakers characterize this ...

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40% Bias Score

Affordable and Clean Energy
npr.org
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New Jersey Dealers Oppose Clean Truck Rules, Previewing Nationwide EV Challenges

New Jersey's adoption of California's Advanced Clean Trucks Rules (ACT), mandating 7-11% zero-emission trucks by 2024, faces opposition from dealers citing high costs and insufficient infrastructure, while environmental groups highlight health risks and the urgency of climate action; a committee vot...

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Climate Action
dw.com
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Honda and Nissan to Merge, Creating World's Third-Largest Automaker

Honda and Nissan, Japan's second and third-largest automakers, announced a basic agreement to merge, aiming to create the world's third-largest car company by 2026, driven by intensifying competition from Chinese EV manufacturers and the global shift towards electric vehicles; Mitsubishi is also con...

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52% Bias Score

Industry, Innovation, and Infrastructure
nbcnews.com
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Ghosn Warns of Nissan Job Losses in Potential Honda Merger

Former Nissan CEO Carlos Ghosn expressed concerns about a potential Nissan-Honda merger, predicting that Nissan would face significant cost-cutting measures and job losses due to operational overlaps; the merger aims to create the world's third-largest automaker by combining resources for EV develop...

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44% Bias Score

Decent Work and Economic Growth

Showing 589 to 600 of 725 results