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German industry sheds over 100,000 jobs in a year, automotive sector hit hardest

June 12, 2025 -

New data from consulting firm Ernst and Young (EY) has revealed that Germany's industrial sector, once hailed as the powerhouse of European manufacturing, lost more than 100,000 jobs within a year, with the automotive industry alone accounting for nearly half of the decline.

The report, cited by Junge Freiheit, reveals that employment in Germany's manufacturing sector dropped to 5.46 million by the end of March – a 1.8 percent decrease compared ...

Study proves that automotive pollution is an environmental risk factor for Alzheimer’s disease

August 30, 2018 -

A recently published Lancaster University paper investigated the brain tissue in the frontal cortexes of 37 participants from Lancaster and Mexico. The researchers found extremely high levels of magnetite nanoparticles in the brains of the participants.

Magnetite is an iron compound with magnetic properties. Large amounts of it in the brain is linked to Alzheimer's disease. It worsens the toxic effects of beta-amyloid plaque, a protein deposit that blocks the signals ...

Automotive journalist reveals how smart technologies in modern vehicles cost you privacy and control

April 17, 2024 -

In recent years, the automotive industry has undergone notable technological strides, equipping modern vehicles with features that "bolster safety and efficiency." Cars manufactured since the mid-2010s are integrated with so-called "Trojan Horse" technologies that are capable of dictating the operational parameters of vehicles, impacting auto insurance rates, monitoring driver gaze, recording in-car conversations, gathering genetic and health data, collecting other biometric ...

Coronavirus lockdown leads to increase in automation as employers turn to robots to keep their businesses running

January 31, 2021 - automotive sector jobs surpassed automotive robot orders

Before the pandemic, the jobs being automated were mostly in the manufacturing sector such as the automotive industry. Now, jobs are being automated at an alarming rate in multiple industries. For the first time ever, non-automotive sectors of the economy purchased more robots than the automotive industry.

According to the report, year-over-year orders for automotive ...

Humanoid robots poised to reshape auto industry

November 19, 2025 -

In a technological shift poised to redefine the modern workforce, the global automotive industry is positioning itself as the primary launchpad for humanoid robots. Following limited production starts at Tesla’s Fremont factory and new insights from industry analysts, a clear consensus is forming: the factory floor, not the family home, will be the first domain of these advanced machines. This imminent integration signals the beginning of a ...

EU weighs EV subsidies to counter Chinese dominance in auto market

January 29, 2025 - automotive market, a sector that contributes significantly to its economy. However, the plan faces significant hurdles, including compliance with World Trade Organization (WTO) rules and the challenge of ensuring that subsidies do not inadvertently benefit Chinese manufacturers.The Chinese challenge: A threat to Europe’s auto industry

The rise of Chinese EVs has sent shockwaves through Europe’s automotive sector. Chinese automakers, buoyed by substantial ...

Trump concedes to lower 25% tariff on Japanese imports in flawed trade deal

July 23, 2025 - automotive and agricultural sectors, where U.S. products are expected to face significant challenges in the Japanese market.Automotive Sector: A Tough Sell

Japanese consumers are known for their preference for domestically produced vehicles, which are often smaller, more fuel-efficient, and better suited to the country's urban landscapes. American cars, which are generally larger and less fuel-efficient, do not align with the needs and preferences of Japanese ...

The price of green idealism: How Europe’s climate agenda is tanking its economy

February 18, 2025 - automotive industry is a direct result of the continent's misguided climate policies and the loss of its traditional energy advantages.

Consider the staggering figures: Volkswagen’s profits have plummeted by 64%, Audi’s by 91%, BMW’s by 84% and Mercedes-Benz’s by 54%. These numbers are not just a reflection of a cyclical downturn; they signal a fundamental shift in the European economic landscape.

The business model of German carmakers was built on the foundation ...

Dwindling EV dreams: Is America’s electrification push collapsing?

June 09, 2025 -

In the latest turn of the automotive market, a AAA survey reveals dimming enthusiasm for electric vehicles (EVs) across the U.S. Just 16% of drivers now say they are “likely” or “very likely” to buy an EV as their next car, marking the lowest since 2019 and a stark decline from the 25% interested when gasoline prices topped $5 per gallon in 2022. The drop underscores growing skepticism toward EV affordability, infrastructure gaps and evolving consumer ...

Volvo abandons goal of becoming pure electric carmaker as demand for EVs plunges

September 13, 2024 -

The company made this announcement on Sept. 4, citing "softening demand for pure battery-powered cars" as per Euronews. Before the announcement, Volvo had already laid out its ambitious goal of becoming an all-electric car manufacturer by 2030. This decision highlights the ongoing challenges facing the automotive industry as it navigates the transition to electric mobility.

Volvo originally sought to phase out gasoline-powered vehicles entirely, focusing solely ...

An industry under pressure: Bosch announces massive restructuring

September 26, 2025 -

In a move that signals profound challenges within Europe's largest economy, German industrial titan Bosch announced plans to cut a "five-digit number" of jobs, with reports specifying up to 13,000 positions, primarily within its automotive division. The decision, reported by Handelsblatt and confirmed by the company, stems from a "major cost-cutting exercise" aimed at addressing a €2.5 billion annual shortfall in its mobility unit. This restructuring ...

Back to normal: Used car prices expected to rise at historically stable pace in 2026

a month ago - automotive vehicle as a pre-owned automobile that has been previously owned and driven by one or more individuals. These vehicles are typically sold by private owners, dealerships or through online marketplaces, and they often come with a history of use, which can vary widely in terms of condition, mileage and maintenance.

Several factors are supporting used vehicle values.

Demand remains solid, particularly for trucks and sport utility vehicles, which continue ...

EU plan to ban sales of gas, diesel vehicles by 2035 “no longer realistic,” warns BMW

October 21, 2024 - automotive industry in its heart," adding that the current regulations will "with today's assumptions lead to a massive shrinking of the industry as a whole."

EVs sales across Europe so far in 2024 are minimal. Even in Germany where Berlin funneled heavy subsidies into the industry – subsidies that ended at the end of 2023, by the way – there is very little demand for new EVs.

The situation is so dire that last month the European Automotive Manufacturers' ...

TransUnion: Auto loan delinquencies rise to highest level in over a decade

November 14, 2022 - automotive inventory and information, the average annual percentage rate on new-car loans was 6.3 percent in October, the highest it has been since April 2019.

With the Fed raising interest rates again by 75 basis points earlier this month, the federal funds rate will have a new range of 3.75 to four percent – the highest level since 2007.

"New-vehicle inventory might finally be improving, but the automotive industry is still on a long road to recovery ...

New problem adding to national supply chain woes: Getting spare parts for tractor-trailer rigs that break down

October 28, 2021 -

We have reported the fact that there are hundreds of container ships anchored off of major ports along the East and West coastlines, and we have noted that a shortage of dockworkers, longshoremen and truck drivers is adding to a growing bottleneck that is leading to increasingly barren store shelves.

Now, there is a new problem associated with the supply chain breakdown that will actually hasten the collapse: A dearth of spare parts not only for ordinary vehicles but ...

Better recycling of car scraps could yield big money AND help reduce emissions

October 12, 2018 - automotive recycling industry, earning $25 billion a year. There are 7,000 vehicle recycling facilities around the U.S.

Around 12 million cars are recycled in the country annually as compared to the eight million cars that are being recycled in Europe every year.

In 1997, the U.S. reported a gross annual revenue of $7.05 billion while Canada reported $1.15 billion. During that year, both countries recycled around 4.7 million vehicles, with six million car tires and ...

Toyota’s strategic pivot: Exporting American-made vehicles to Japan in bid to appease Trump administration

2 months ago -

In a significant reversal of global automotive trade flows, Toyota Motor Corporation has announced it will begin exporting three popular American-built vehicles to its home market of Japan starting 2026.

This strategic move, involving the Kentucky-made Camry, Indiana-built Highlander and Texas-assembled Tundra pickup, is widely interpreted as a direct effort to ease escalating trade tensions with the United States and curry favor with President ...

New vehicle retail sales for July expected to DROP by 10.8% year-over-year

July 29, 2022 -

The forecast was made jointly by J.D. Power and LMC Automotive, which both predict that "retail sales of new vehicles this month are expected to reach 988,400 units, a 10.8 percent decrease compared with July 2021 when adjusted for selling days." Without adjusting for selling days, year-over-year car sales would drop by 14.1 percent. (Related: RBC analysts: US car sales falling to recessionary levels.)

Total new-vehicle sales for July, including retail and non-retail ...

U.S. auto sales face decline as high prices push middle-class buyers out of market

2 months ago -

Rising vehicle prices are threatening to push U.S. auto sales into decline this 2026, as middle-class consumers increasingly struggle to afford new cars.

According to Cox Automotive, major automakers, including General Motors, Honda and Hyundai, reported weaker sales in the fourth quarter of 2025, signaling a potential slowdown for the industry. Industrywide sales likely surpassed 16 million vehicles in 2025, but the annualized rate fell to ...

Toyota offers to buy back electric SUVs from customers following major glitch

August 15, 2022 -

The Japanese automotive firm announced that all 2,700 units of the bZ4x pose a danger to drivers. Of this number, 260 units were delivered to the United States.

"After low-mileage use, all of the hub bolts on the wheel can loosen – to the point where the wheel can detach from the vehicle. If a wheel detaches from the vehicle while driving, it could result in a loss of vehicle control – increasing the risk of a crash," Toyota said in a June 23 statement.

"The ...