auto industry

22 November 2024

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

12 November 2024

Sentiment in the German auto industry continues to deteriorate

European automakers face high production costs and fierce competition

31 October 2024

Volkswagen calls for a 10% reduction in salaries

In this way, the company seeks to maintain competitiveness

29 October 2024

Volkswagen plans restructuring amid high costs and declining demand

The company intends to close at least three factories in Germany, – the head of the works council

21 August 2024

Automotive industry could become a leading market for green steel in Europe – T&E

This can happen if the relevant requirements are established by the legislators

31 July 2024

Production in the EU automotive sector to decline by 3% in 2024 – EUROFER

In 2025, car production is expected to recover by 2.3% y/y

18 February 2024

Race to Green Steel calls on automakers to switch to low-carbon steel

The campaign was launched by a coalition of non-profit organizations

03 November 2023

Production in the EU automotive industry will grow by 7% y/y in 2023

In the second quarter of 2023, the volume of car production in the EU increased by 9.5% q/q

15 April 2023

POSCO and Honda will work together to achieve carbon neutrality

The companies, in particular, are starting to cooperate in the production of sheet steel

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