Showing 73 to 84 of 564 results
Nissan Announces 20,000 Global Job Cuts Amidst ¥670.9 Billion Net Loss
Nissan Motor announced 20,000 job cuts globally by 2027 due to a ¥670.9 billion net loss in fiscal year 2024, attributed to asset depreciation and increased costs; the restructuring includes reducing production plants from 17 to 10 and a 30% production volume decrease (excluding China).
Nissan Announces 20,000 Global Job Cuts Amidst ¥670.9 Billion Net Loss
Nissan Motor announced 20,000 job cuts globally by 2027 due to a ¥670.9 billion net loss in fiscal year 2024, attributed to asset depreciation and increased costs; the restructuring includes reducing production plants from 17 to 10 and a 30% production volume decrease (excluding China).
Progress
44% Bias Score
Return of International Car Brands to Russia Will Result in Significantly Higher Prices
Former head of the Russian Automobile Dealers Association, Oleg Moseev, predicts a significant price increase for returning car brands in Russia, with budget models like Kia Sportage potentially doubling in price due to global market trends, increased disposal fees, and higher logistical costs.
Return of International Car Brands to Russia Will Result in Significantly Higher Prices
Former head of the Russian Automobile Dealers Association, Oleg Moseev, predicts a significant price increase for returning car brands in Russia, with budget models like Kia Sportage potentially doubling in price due to global market trends, increased disposal fees, and higher logistical costs.
Progress
52% Bias Score
Nissan to Cut Nearly 20,000 Jobs Globally Amidst Financial Crisis
Nissan, facing a projected £3.8 billion loss, will cut almost 20,000 jobs globally—more than double its initial plan—to save £2 billion, raising concerns about its UK Sunderland plant employing 6,000.
Nissan to Cut Nearly 20,000 Jobs Globally Amidst Financial Crisis
Nissan, facing a projected £3.8 billion loss, will cut almost 20,000 jobs globally—more than double its initial plan—to save £2 billion, raising concerns about its UK Sunderland plant employing 6,000.
Progress
56% Bias Score
Brose Postpones Decision on Würzburg Plant Closure
Brose, a German automotive supplier, is considering closing its Würzburg plant, employing 1400, due to financial losses and a plan to consolidate Franconian operations. The decision is postponed pending negotiations with employee representatives and the government on cost reductions and a sustainabl...
Brose Postpones Decision on Würzburg Plant Closure
Brose, a German automotive supplier, is considering closing its Würzburg plant, employing 1400, due to financial losses and a plan to consolidate Franconian operations. The decision is postponed pending negotiations with employee representatives and the government on cost reductions and a sustainabl...
Progress
32% Bias Score
Toyota Forecasts 35% Profit Drop Due to US Tariffs
Toyota projects a 35% drop in net profit for 2025-2026 due to over €1 billion in US tariffs on imported vehicles and parts; the company plans to adjust US deliveries and increase local production to mitigate the impact.
Toyota Forecasts 35% Profit Drop Due to US Tariffs
Toyota projects a 35% drop in net profit for 2025-2026 due to over €1 billion in US tariffs on imported vehicles and parts; the company plans to adjust US deliveries and increase local production to mitigate the impact.
Progress
44% Bias Score
Ford Increases Prices on Mexican-Made Vehicles by up to $2,000 Due to Tariffs
Ford raised prices on three US-made vehicles imported from Mexico by up to $2,000 due to a 25% tariff on imported vehicles, impacting Mustang Mach-E, Maverick, and Bronco Sport models built after May 2nd, contradicting earlier statements by executives.
Ford Increases Prices on Mexican-Made Vehicles by up to $2,000 Due to Tariffs
Ford raised prices on three US-made vehicles imported from Mexico by up to $2,000 due to a 25% tariff on imported vehicles, impacting Mustang Mach-E, Maverick, and Bronco Sport models built after May 2nd, contradicting earlier statements by executives.
Progress
36% Bias Score
Saxony-Anhalt Demands Urgent Economic Policy Shift
Saxony-Anhalt's Minister of Economic Affairs, Sven Schulze (CDU), calls for a rapid change in the new federal government's economic policy due to high energy prices and the struggling automotive supplier industry, while opposition parties criticize the government's approach and offer alternative sol...
Saxony-Anhalt Demands Urgent Economic Policy Shift
Saxony-Anhalt's Minister of Economic Affairs, Sven Schulze (CDU), calls for a rapid change in the new federal government's economic policy due to high energy prices and the struggling automotive supplier industry, while opposition parties criticize the government's approach and offer alternative sol...
Progress
44% Bias Score
Czech Automotive Decline Offset by Defense Industry Boom
The Czech Republic's automotive production fell 7.1% in Q1 2025 due to weak Western European demand, while its defense industry boomed, increasing production and profits, driven by Ukrainian orders and potentially becoming a new economic engine.
Czech Automotive Decline Offset by Defense Industry Boom
The Czech Republic's automotive production fell 7.1% in Q1 2025 due to weak Western European demand, while its defense industry boomed, increasing production and profits, driven by Ukrainian orders and potentially becoming a new economic engine.
Progress
44% Bias Score
Mercedes-Benz Q1 2025 Results: Sales Down, Challenges Ahead
Mercedes-Benz reports a challenging first quarter of 2025, with sales down 3.6% to 446,300 units (20% electric), revenue down 7.4%, net profit down 42.8%, and operating margin at 7.3%; CEO Ola Kallenius discusses market challenges, competition, and future strategies.
Mercedes-Benz Q1 2025 Results: Sales Down, Challenges Ahead
Mercedes-Benz reports a challenging first quarter of 2025, with sales down 3.6% to 446,300 units (20% electric), revenue down 7.4%, net profit down 42.8%, and operating margin at 7.3%; CEO Ola Kallenius discusses market challenges, competition, and future strategies.
Progress
36% Bias Score
US-UK Trade Deal Offers Partial Tariff Relief to British Manufacturers
A new US-UK trade deal announced on Thursday partially reduces tariffs on UK car exports (to 10% on a quota of 100,000 cars), removes tariffs on steel exports, and exempts Rolls-Royce engines from tariffs, causing share prices of Aston Martin and Rolls-Royce to rise; however, a 10% tariff will remai...
US-UK Trade Deal Offers Partial Tariff Relief to British Manufacturers
A new US-UK trade deal announced on Thursday partially reduces tariffs on UK car exports (to 10% on a quota of 100,000 cars), removes tariffs on steel exports, and exempts Rolls-Royce engines from tariffs, causing share prices of Aston Martin and Rolls-Royce to rise; however, a 10% tariff will remai...
Progress
40% Bias Score
Reduced Demand Challenges Saxony's Automotive Industry Despite E-Mobility Success at VW Zwickau
Representatives from politics and business met in Zwickau to discuss the challenges of the automotive industry in Saxony, focusing on securing the future of industrial value creation in the state, with the VW plant in Zwickau being particularly affected by decreased demand for electric vehicles desp...
Reduced Demand Challenges Saxony's Automotive Industry Despite E-Mobility Success at VW Zwickau
Representatives from politics and business met in Zwickau to discuss the challenges of the automotive industry in Saxony, focusing on securing the future of industrial value creation in the state, with the VW plant in Zwickau being particularly affected by decreased demand for electric vehicles desp...
Progress
36% Bias Score
Toyota's Record Sales Tarnished by Scandal-Driven Profit Drop
Toyota reported record annual sales of $333.6 billion but a drop in quarterly profit to $4.6 billion due to a certification scandal involving fraudulent testing, which the company says didn't compromise vehicle safety.
Toyota's Record Sales Tarnished by Scandal-Driven Profit Drop
Toyota reported record annual sales of $333.6 billion but a drop in quarterly profit to $4.6 billion due to a certification scandal involving fraudulent testing, which the company says didn't compromise vehicle safety.
Progress
44% Bias Score
Showing 73 to 84 of 564 results