Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.
Tag: auto industry
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Restructuring on at top management level in Indian auto industries
India’s auto industry is going through a churn and has seen several top-level exits. Automakers have announced departures from their top-level management or a change in their global leadership teams.
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EVs to constitute half of auto market in US, China by 2030: Survey
Auto industry executives expect electric vehicles will make up just over half of new vehicle sales in the United States and China by 2030 and could do so without receiving government subsidies.
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Magnesium shortage could adversely affect auto industry
Supply chain issues may arise with a magnesium shortage in China and the ongoing global microchip shortage heavily impacting auto industry production, including for General Motors.
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Auto sector moves towards recycling of parts and batteries
From ageing electric batteries to old engines to rear-view mirrors, the auto industry is revving up its recycling efforts as it faces pressure to reduce its colossal carbon footprint.
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China issues auto data regulation that impacts the auto industry
The Auto Data Regulation would come into effect from October 1, 2021. It is brought in to change the supervisory landscape of the auto industry concerning the processing of automobile data.
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FADA predicts dull festive season for auto sector due to chip shortage
OEMs are struggling to supply adequate vehicles to dealers. FADA’s outlook remains a mixed bag with PVs witnessing demand-supply mismatch and the 2W segment facing a demand crunch.
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India considers import tax cuts on EVs after lobbying by Tesla: Sources
The Indian government is discussing cutting the import duties on EVs to 40%. The government is open to a duty cut if it sees an economic gain but Tata Motors and Ola are against the proposal.
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Rising raw material prices impacting machine tools industry: IMTMA
The machine tools manufacturing sector was one of the worst-hit sectors during the COVID-19 pandemic. IMTMA expects the industry to grow around 8-10% due to infrastructure spending and investments.
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US automakers pledge to increase electric vehicles sales
Declaring the US must "move fast" to win the car making future, President Joe Biden touted a commitment from the auto industry to make EVs up to half of U.S. sales by the end of the decade.