Tag #Volkswagen

kathimerini.gr
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Volkswagen's Collaborative Cost Cuts Raise Investor Doubts

Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.

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44% Bias Score

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zeit.de
🌐 85% Global Worthiness
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Volkswagen's $20 Billion North America Investment to Counter China Dependence

Volkswagen plans significant US expansion ($15 billion investment) to lessen China dependence, using range extenders in volume models to ease e-mobility transition, while aiming for lower tariffs despite Trump's trade policies.

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56% Bias Score

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sueddeutsche.de
🌐 75% Global Worthiness
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SPD Shifts Campaign Focus to Industrial Workers Amidst Polling Deficit

Facing a large polling deficit, the SPD is refocusing its election campaign on German industrial workers and economic issues, holding a major rally in Wolfsburg, Germany, featuring Volkswagen works council chair Daniela Cavallo, to highlight Chancellor Scholz's job protection efforts and contrast th...

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56% Bias Score

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sueddeutsche.de
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Unlikely Chinese Acquisition of VW Plant in Germany

Speculation of a Chinese automotive company acquiring a Volkswagen plant in Germany is highly unlikely due to a recent job guarantee agreement, opposition from VW's workforce and Lower Saxony state government, and concerns over China's human rights record.

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48% Bias Score

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dw.com
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Volkswagen's Profitability Plummets Amidst Global Market Disruption

Despite 2023's strong sales, Volkswagen faces declining European demand, fierce Chinese EV competition, and rising costs, resulting in 35,000 job cuts in Germany and strategic production shifts.

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44% Bias Score

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faz.net
🌐 85% Global Worthiness
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European Automakers Join Tesla Emission Pool Amidst Stricter EU Regulations

Facing stricter EU CO2 emission limits, several European automakers, including Stellantis, surprisingly joined Tesla's emission pool; Volvo Cars anticipates €300 million in compensation, while Volkswagen asserts its ability to meet targets independently, amidst ongoing discussions about potential pe...

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44% Bias Score

Climate Action
tr.euronews.com
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Volkswagen Warns of Harmful Economic Effects from Potential Trump Tariffs

Volkswagen voiced concern over potentially harmful economic effects from US tariffs on Mexican goods, particularly impacting its major Puebla plant which exports roughly 350,000 vehicles annually to the US, with analysts suggesting a loss of competitiveness if tariffs are imposed.

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44% Bias Score

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theglobeandmail.com
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Volkswagen Warns of Tariff Impact on US Consumers

Volkswagen voiced concern over potential 25% US tariffs on Mexican goods, impacting its major Puebla plant (producing ~350,000 cars annually for US export) and potentially harming American consumers; the company is investing over $10 billion in US facilities.

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40% Bias Score

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dw.com
🌐 85% Global Worthiness
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Volkswagen Sales Drop 2.3 Percent in 2024 Amidst Market Challenges

In 2024, Volkswagen Group's global car sales fell by 2.3 percent to over 9 million units due to decreased European demand, Chinese competition, rising costs, and potential US tariffs; the VW brand alone saw a 1.4 percent sales drop and a 37 percent profit decrease, leading to 35,000 job cuts in Germ...

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56% Bias Score

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us.cnn.com
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Germany's Economy Contracts for Second Consecutive Year

Germany's economy shrank 0.2% in 2024, marking its first two-year recession since the early 2000s due to high labor costs, weak productivity, reduced Chinese demand, and potential US tariffs, impacting the wider European economy.

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32% Bias Score

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cnnespanol.cnn.com
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Germany's Economy Contracts for Second Year, Raising Eurozone Concerns

Germany's economy shrank 0.2% in 2024, marking its second consecutive year of contraction and raising concerns about the broader European economy, particularly with upcoming elections and challenges such as high labor costs, reduced exports, and competition from China.

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40% Bias Score

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cincodias.elpais.com
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European Automakers Form Tesla-Led Alliance to Avoid EU Emission Fines

To avoid billions in EU emission fines for 2025, Stellantis, Toyota, Ford, Mazda, and Subaru plan a Tesla-led alliance to jointly account for emissions, while Volkswagen and Renault remain outside the deal due to lagging EV technology and market position.

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52% Bias Score

Climate Action