Showing 13 to 17 of 17 results
German Automakers Face Crisis Amidst Market Shift to Electric Vehicles
Facing falling stock prices and stricter EU emission standards, German automakers like Volkswagen, Mercedes, BMW, and Audi are implementing cost-cutting measures, including potential job losses, to compete with China's affordable electric vehicles and adapt to evolving consumer preferences.
German Automakers Face Crisis Amidst Market Shift to Electric Vehicles
Facing falling stock prices and stricter EU emission standards, German automakers like Volkswagen, Mercedes, BMW, and Audi are implementing cost-cutting measures, including potential job losses, to compete with China's affordable electric vehicles and adapt to evolving consumer preferences.
Progress
44% Bias Score
Volkswagen Announces 35,000 Job Cuts, Production Shifts Amidst EV Transition
Volkswagen announced plans to cut over 35,000 jobs by 2030, including 4,000 in Wolfsburg, shifting Golf production to Mexico in 2027 while investing in electric vehicles; a job guarantee is in place until 2030, with potential payouts thereafter, and the future of some plants remains uncertain.
Volkswagen Announces 35,000 Job Cuts, Production Shifts Amidst EV Transition
Volkswagen announced plans to cut over 35,000 jobs by 2030, including 4,000 in Wolfsburg, shifting Golf production to Mexico in 2027 while investing in electric vehicles; a job guarantee is in place until 2030, with potential payouts thereafter, and the future of some plants remains uncertain.
Progress
48% Bias Score
Bavarian Auto Summit Demands Funding and Regulatory Flexibility
The Bavarian Automotive Summit, led by Minister-President Markus Söder, concluded with demands for increased electric mobility funding, tax incentives, and investment programs from Berlin and Brussels, alongside calls for reduced truck tolls and technology neutrality. Greenpeace criticized this appr...
Bavarian Auto Summit Demands Funding and Regulatory Flexibility
The Bavarian Automotive Summit, led by Minister-President Markus Söder, concluded with demands for increased electric mobility funding, tax incentives, and investment programs from Berlin and Brussels, alongside calls for reduced truck tolls and technology neutrality. Greenpeace criticized this appr...
Progress
44% Bias Score
Volkswagen Cuts 35,000 German Jobs in Restructuring Plan
Volkswagen will cut 35,000 jobs in Germany by 2030, shifting production to Mexico and outsourcing software development, to counter lagging competitiveness and declining stock prices while avoiding plant closures.
Volkswagen Cuts 35,000 German Jobs in Restructuring Plan
Volkswagen will cut 35,000 jobs in Germany by 2030, shifting production to Mexico and outsourcing software development, to counter lagging competitiveness and declining stock prices while avoiding plant closures.
Progress
44% Bias Score
German Auto Industry Faces Collapse Amidst E-Mobility Lag
Political scientist Andreas Knie predicts the collapse of Germany's auto industry due to its slow adoption of e-mobility compared to China, resulting in decreased sales and increased Chinese competition, while Germany faces a broader economic slowdown.
German Auto Industry Faces Collapse Amidst E-Mobility Lag
Political scientist Andreas Knie predicts the collapse of Germany's auto industry due to its slow adoption of e-mobility compared to China, resulting in decreased sales and increased Chinese competition, while Germany faces a broader economic slowdown.
Progress
56% Bias Score
Showing 13 to 17 of 17 results