auto industry

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Stellantis sends two plants in Mexico and Canada to idle due to tariffs

The Company is assessing the medium- and long-term impact of the duties and the options available

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Trump announces 25% tariffs on car imports to the US

The tariffs are to enter into force on April 3

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Clean Industry Agreement: a diagnosis without a quick fix

The main criticism of the Clean Industrial Deal is the lack of specifics

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Thyssenkrupp to cut 1.8 thousand jobs in the automotive division

The company's measures are aimed at reducing costs by more than €150 million

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Toyota to reduce steel prices for spare parts producers

The reduction will be approximately $101/t

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Nissan plans to increase the use of green steel in Japan by 5 times

Company expands cooperation with low-carbon steel producers to reduce CO2

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EU car production to grow by 2.1% y/y in 2025 – EUROFER

The automotive industry will recover slowly due to economic uncertainty and problems with electric vehicles

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Car production in Germany amounted to 4.1 million units in 2024

The indicators remained at the level of 2023, but at the end of the year a downward trend was recorded

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Stellantis to invest €2 billion in Italian plants in 2025

The group confirmed its intention to expand its industrial plan in the country

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Ford plans to cut 4 thousand jobs in Europe

The company explains this by the pressure of growing competition and weaker than expected sales of electric vehicles

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Sentiment in the German auto industry continues to deteriorate

European automakers face high production costs and fierce competition

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Volkswagen calls for a 10% reduction in salaries

In this way, the company seeks to maintain competitiveness

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