European automakers face carbon penalty storm, pressuring EU to reconsider regulations

The European Union (EU) has raised carbon emission standards to 93.6g/km starting in 2025, leading to penalties that could reach EUR15 billion (US$15.6 billion), according to the European Automobile Manufacturers’ Association (ACEA). Despite multiple communications with the European Commission yielding no results, manufacturers are now uniting to pressure the Commission for an early revision of this regulation.

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Screen to boost semiconductor equipment production capacity by 20% to meet AI demand

Japanese semiconductor cleaning equipment manufacturer Screen plans to increase its semiconductor manufacturing equipment production capacity to 120% of the 2023 level by fiscal year 2026 (April 2026–March 2027), aiming for annual revenue of approximately JPY600 billion (approx. US$3.9 billion) to meet growing demand in semiconductor manufacturing.

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Nissan to cut 9,000 jobs globally as restructuring efforts accelerate amid Honda merger talks

Nissan Motor plans to cut approximately 9,000 jobs worldwide as part of a major restructuring effort, according to reports from Kyodo and Nikkei Asia. More than 70% of the layoffs—around 6,700 positions—will impact production staff, while the remaining cuts will affect administrative roles. The job reductions are part of Nissan’s strategy to scale down global production capacity by 20% by the end of fiscal 2026, which runs from April 2026 to March 2027.

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瑞联新材:2024年净利润预增86.53%

1月23日,瑞联新材(688550.SH)公布2024年年度业绩预增公告,预计2024年年度实现归属于母公司所有者的净利润为25,029.50万元,与上年同期相比,预计将增加11,611.37万元,同比增长86.53%。若剔除股份支付费用对损益的影响,预计2024年年度实现归属于母公司所有者的净利润为26,883.69万元,与上年同期相比,预计将增加13,559.89万元,同比增长101.77%。

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