Showing 73 to 84 of 727 results
ZF Reports €195 Million Loss, Announces Further Job Cuts
ZF Friedrichshafen, a major German auto supplier, reported a €195 million loss in the first half of 2024, attributing it to slow electric vehicle adoption, reduced orders, and high restructuring costs. The company is cutting up to 14,000 jobs in Germany by 2028 and is considering strategic options f...
ZF Reports €195 Million Loss, Announces Further Job Cuts
ZF Friedrichshafen, a major German auto supplier, reported a €195 million loss in the first half of 2024, attributing it to slow electric vehicle adoption, reduced orders, and high restructuring costs. The company is cutting up to 14,000 jobs in Germany by 2028 and is considering strategic options f...
Progress
44% Bias Score
Porsche Announces \$1.3 Billion Restructuring Amidst Market Challenges
Porsche announced a \$1.3 billion restructuring for 2025 to address decreased Chinese demand, US tariffs, and slower-than-expected electric vehicle transition, resulting in a significant drop in operating profit in the first half of the year.
Porsche Announces \$1.3 Billion Restructuring Amidst Market Challenges
Porsche announced a \$1.3 billion restructuring for 2025 to address decreased Chinese demand, US tariffs, and slower-than-expected electric vehicle transition, resulting in a significant drop in operating profit in the first half of the year.
Progress
56% Bias Score
Mercedes-Benz Profit Plunges 69% in Q2 2025 Amidst Tariffs and Market Challenges
Mercedes-Benz reported a €957 million profit for April-June 2025, a 69% year-on-year decrease due to US tariffs, lower sales (especially a 19% drop in China), and restructuring costs; the first half of 2025 showed a 55.8% profit decrease compared to 2024.
Mercedes-Benz Profit Plunges 69% in Q2 2025 Amidst Tariffs and Market Challenges
Mercedes-Benz reported a €957 million profit for April-June 2025, a 69% year-on-year decrease due to US tariffs, lower sales (especially a 19% drop in China), and restructuring costs; the first half of 2025 showed a 55.8% profit decrease compared to 2024.
Progress
36% Bias Score
Stellantis Posts €2.3 Billion First-Half Loss, but Reinstates Financial Guidance
Stellantis announced a €2.3 billion net loss for the first half of 2025 due to US tariffs and internal issues in North America, but it reinstated its financial guidance expecting gradual improvement and plans to address its challenges with a renewed focus on its workforce, new product launches, and ...
Stellantis Posts €2.3 Billion First-Half Loss, but Reinstates Financial Guidance
Stellantis announced a €2.3 billion net loss for the first half of 2025 due to US tariffs and internal issues in North America, but it reinstated its financial guidance expecting gradual improvement and plans to address its challenges with a renewed focus on its workforce, new product launches, and ...
Progress
44% Bias Score
Federal EV Tax Credits Expiring September 30, 2025
The "One Big Beautiful Bill" sets a September 30, 2025 expiration date for federal EV tax credits, impacting consumer purchasing decisions and potentially slowing EV sales unless automakers adjust pricing or incentives.
Federal EV Tax Credits Expiring September 30, 2025
The "One Big Beautiful Bill" sets a September 30, 2025 expiration date for federal EV tax credits, impacting consumer purchasing decisions and potentially slowing EV sales unless automakers adjust pricing or incentives.
Progress
36% Bias Score
Self-Driving Revolution: GM Design Chief Predicts Fundamental Shift in Auto Industry
General Motors' new design chief Brian Nesbitt announced a fundamental shift in the auto industry due to self-driving technology, impacting not only driving but also lifestyles, comparable to the transition from horse-drawn carriages to cars in the early 20th century; Chevrolet revealed a Corvette C...
Self-Driving Revolution: GM Design Chief Predicts Fundamental Shift in Auto Industry
General Motors' new design chief Brian Nesbitt announced a fundamental shift in the auto industry due to self-driving technology, impacting not only driving but also lifestyles, comparable to the transition from horse-drawn carriages to cars in the early 20th century; Chevrolet revealed a Corvette C...
Progress
48% Bias Score
US Tariffs and Chinese Competition Slash Mercedes-Benz Profits
US tariffs are expected to reduce Mercedes-Benz's profits by over €360 million, impacting 2025 sales significantly; the company's Q2 profits decreased by 10 percent year-on-year, while China sales dropped almost 20 percent due to competition from cheaper electric vehicles.
US Tariffs and Chinese Competition Slash Mercedes-Benz Profits
US tariffs are expected to reduce Mercedes-Benz's profits by over €360 million, impacting 2025 sales significantly; the company's Q2 profits decreased by 10 percent year-on-year, while China sales dropped almost 20 percent due to competition from cheaper electric vehicles.
Progress
36% Bias Score
China Changan Automobile Group Becomes 100th Centrally Administered SOE
China's state-owned assets regulator inaugurated China Changan Automobile Group Co., Ltd. as its 100th centrally administered SOE on July 29, 2025, marking a significant step in reforming central SOEs and boosting China's global auto sector competitiveness. The company has 117 subsidiaries and plans...
China Changan Automobile Group Becomes 100th Centrally Administered SOE
China's state-owned assets regulator inaugurated China Changan Automobile Group Co., Ltd. as its 100th centrally administered SOE on July 29, 2025, marking a significant step in reforming central SOEs and boosting China's global auto sector competitiveness. The company has 117 subsidiaries and plans...
Progress
48% Bias Score
Stellantis Projects €1.5 Billion Loss Amidst US Tariffs and Internal Challenges
Stellantis, Europe's second-largest automaker, projects a €1.5 billion loss to maintain US sales due to unresolved US tariffs, adding to losses from a canceled hydrogen project and stricter US emissions standards; the company anticipates revenue growth in the second half of the year.
Stellantis Projects €1.5 Billion Loss Amidst US Tariffs and Internal Challenges
Stellantis, Europe's second-largest automaker, projects a €1.5 billion loss to maintain US sales due to unresolved US tariffs, adding to losses from a canceled hydrogen project and stricter US emissions standards; the company anticipates revenue growth in the second half of the year.
Progress
40% Bias Score
US-EU Trade Deal: Initial Market Optimism Gives Way to Concerns Over Tariffs and Economic Impact
The US and EU signed a trade deal resulting in 15-17% tariffs on most European imports, causing initial market optimism to shift to concern over its impact on European businesses, particularly in the automotive and luxury sectors; the Euro also weakened against the dollar.
US-EU Trade Deal: Initial Market Optimism Gives Way to Concerns Over Tariffs and Economic Impact
The US and EU signed a trade deal resulting in 15-17% tariffs on most European imports, causing initial market optimism to shift to concern over its impact on European businesses, particularly in the automotive and luxury sectors; the Euro also weakened against the dollar.
Progress
60% Bias Score
Italy Announces €600 Million Electric Vehicle Incentive Program
Italy will launch €600 million in electric vehicle incentives in October 2024, offering up to €11,000 for low-income earners and requiring the scrapping of older vehicles to qualify, aiming to stimulate the struggling automotive market and meet the June 2026 spending deadline.
Italy Announces €600 Million Electric Vehicle Incentive Program
Italy will launch €600 million in electric vehicle incentives in October 2024, offering up to €11,000 for low-income earners and requiring the scrapping of older vehicles to qualify, aiming to stimulate the struggling automotive market and meet the June 2026 spending deadline.
Progress
36% Bias Score
Audi Profit Plunges 37.5 Percent Amid Tariffs and Restructuring"
US tariffs, restructuring costs, and weak Chinese sales caused Audi's first-half profit to plummet by 37.5 percent to €1.3 billion, prompting a lowered full-year forecast and highlighting the urgent need for transformation.
Audi Profit Plunges 37.5 Percent Amid Tariffs and Restructuring"
US tariffs, restructuring costs, and weak Chinese sales caused Audi's first-half profit to plummet by 37.5 percent to €1.3 billion, prompting a lowered full-year forecast and highlighting the urgent need for transformation.
Progress
40% Bias Score
Showing 73 to 84 of 727 results