Tag #German Auto Industry

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IAA Mobility 2024: Record Attendance Amidst Evolving Auto Industry

The IAA Mobility 2024 in Munich attracted over 500,000 visitors, exceeding the 2023 record, showcasing over 350 world premieres, particularly in e-mobility, with a notable increase in Chinese manufacturers and a 57% international exhibitor presence.

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48% Bias Score

Industry, Innovation, and Infrastructure
welt.de
🌐 85% Global Worthiness
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IAA Mobility 2025: A Record Number of Chinese Exhibitors Highlight Shift in Automotive Landscape

With 116 exhibitors, China has the largest presence at the IAA Mobility 2025 in Munich, marking a significant shift in the global automotive industry, as Chinese automakers increase their presence in the European market, while German automakers face challenges.

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24% Bias Score

Industry, Innovation, and Infrastructure
sueddeutsche.de
🌐 85% Global Worthiness
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German Auto Suppliers Face Mass Job Cuts Amidst E-Mobility Transition

German automotive suppliers, including Bosch and ZF Friedrichshafen, are experiencing significant job losses due to reduced car production, the slow adoption of e-mobility, and increased competition, impacting nearly 15,000 jobs across Bosch alone.

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28% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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German Auto Industry Faces Challenges in Electrification Transition

The German auto industry's transition to electric vehicles is facing challenges due to delayed response, lower profit margins for electric vehicles, and international market uncertainty, resulting in job losses and jeopardizing climate goals; government support is crucial but needs to incentivize ra...

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64% Bias Score

Climate Action
sueddeutsche.de
🌐 75% Global Worthiness
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German Automakers' Cost Cuts Threaten Eastern German Jobs

Brandenburg's Minister of Economic Affairs, Daniel Keller, criticizes German automakers' planned cost-cutting measures, fearing job losses in eastern Germany, particularly at Mercedes-Benz Ludwigsfelde, where job security is guaranteed only until the end of 2029. He plans to meet with Mercedes-Benz ...

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44% Bias Score

Decent Work and Economic Growth
lexpress.fr
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US Tariffs Trigger German Auto Industry Crisis

New US tariffs on European goods will cost the German auto industry billions annually, impacting its ongoing transformation; Mercedes-Benz's net profit dropped 56% year-on-year in the first half of 2025 to €2.7 billion, while Volkswagen reported €1.3 billion in losses due to existing US tariffs.

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44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Massive Profit Drop Shakes German Auto Industry, Sparking Political Debate

A near 50% drop in operating profit for the world's 19 largest automakers in the first half of 2024, totaling €42.8 billion compared to €84.3 billion in the same period last year, has triggered concerns and calls for political change in Germany, with disagreements between the ruling coalition on the...

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40% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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Porsche Removed from DAX Index Amidst German Auto Industry Struggles

Porsche and Sartorius have been removed from Germany's DAX index, replaced by GEA and Scout24, reflecting the challenges faced by the German auto industry, including sluggish e-car demand, weak China sales, and US tariffs.

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24% Bias Score

Decent Work and Economic Growth
taz.de
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German Auto Industry Sheds 51,500 Jobs Amidst Trade War and EV Transition Challenges

The German automotive industry lost 51,500 jobs (7 percent) in a year due to trade disputes (27.5 percent US tariff), lagging EV transition, and competition from China's subsidized EV sector; this exceeds job losses in all other sectors, while overall German industries lost 114,000 jobs and experien...

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52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Bavarian Auto Industry Faces Massive Job Cuts Amidst Relocations

In Bavaria, Germany, thousands of automotive jobs are being cut, with the IG Metall union warning of tens of thousands more potential losses due to companies relocating production and research abroad, primarily for strategic profit reasons, despite claims of high costs and bureaucracy.

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48% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Automakers' Cost Cuts Threaten Eastern German Jobs"

Brandenburg's Economics Minister Daniel Keller criticized German automakers' cost-cutting plans, fearing job losses in Eastern Germany, particularly at Mercedes-Benz's Ludwigsfelde plant where job security is guaranteed until the end of 2029. He plans to meet with Mercedes to discuss the plant's fut...

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40% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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German Automakers Face Steep Profit Decline Amidst Industry Transformation

German automakers, including Porsche, Mercedes-Benz, Volkswagen, and BMW, reported significant profit declines (ranging from 29% to 71%) in the first half of 2024, attributed to a slow transition to electric vehicles and autonomous driving technologies, leading to calls for government subsidies and ...

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56% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 32 results