Incentives For Auto Industry: FBR Issues Details

The Federal Board Of Revenue (FBR), Friday, Issued The Details Of The Incentives Provided To The Auto Industry Through Finance Act 2021. The Federal Board Of Revenue (FBR), Friday, Issued The Details Of The Incentives Provided To The Auto Industry Through Finance Act 2021. According to the FBR’s budget instructions issued to the Collectors of … Read more

Why Sectoral Bargaining Matters for the Labor Movement

On March 9, 2021, the US House of Representatives passed the Protecting the Right to Organize (PRO) Act to increase federal protections against some of the systemic violations of worker freedoms. The PRO Act would revise key pieces of the National Labor Relations Act (NLRA) of 1935, providing real financial punishments for violations of organizing … Read more

Tesla Model S Plaid goes up for grabs in fight for climate change policies

Tesla Model S Plaid goes up for grabs in fight for climate change policies

There are many reasons why someone would want to drive the Tesla Model S Plaid. There’s the vehicle’s supercar-beating performance, with its 0-60 mph time of 1.99 seconds, its 60-130 mph acceleration in 4.71 seconds, and its top speed of 200 mph. The Model S Plaid is equipped to the brim with Tesla’s latest tech … Read more

Can China show the world the future of the car market?

Can China show the world the future of the car market?

The automotive sector is at a crossroads owing to changing customer behaviour and demand; A new study suggests the move away from petrol and diesel-fuelled vehicles is growing stronger, but that there are significant difference between regional markets; Consumer attitudes in China, where autonomous vehicles and new mobility options are more positively received, will have … Read more

GM Crushes Ford in Truck Wars but Loses Q2 Sales Crown to Toyota

A Toyota RAV4 driving on a dirt road, with snow-capped mountains in the background.

The global semiconductor shortage has weighed on auto production this year, constraining U.S. sales despite strong demand. However, while the shortage is widespread, it hasn’t hit all automakers equally. That led to some big changes in the usually pecking order within the auto industry last quarter. Toyota Motor (NYSE:TM) became the top-selling automaker in the … Read more

China leads global NEV sales with 47% market share

An employee works on an electronic vehicle at a factory in Zouping, East China's Shandong Province. Photo: CFP

An employee works on an electronic vehicle at a factory in Zouping, East China’s Shandong Province. Photo: CFP China led global new-energy vehicle (NEV) sales in the first five months of this year with a 47 percent market share, ahead of Europe and North America, a new analysis from the China Passenger Car Association (CPCA) … Read more

Auto industry hesitant about govt’s E20 fuel rollout by 2025, says focus on E10 first

Petrol Pump

File photo of a petrol pump | Wikimedia Commons Text Size: A- A+ New Delhi: To reduce India’s imports of crude oil, the Modi government has advanced its goal to rollout ethanol-blended fuel from 2025 instead of 2030. However, many players in the automobile sector are hesitant about the move. Their concerns range from whether … Read more

Semiconductor Shortage Slams Auto Sales in June. Ford Swoons. Toyota, after Hoarding Chips, Blows Away GM for First Time Ever

Semiconductor Shortage Slams Auto Sales in June. Ford Swoons. Toyota, after Hoarding Chips, Blows Away GM for First Time Ever

Toyota, pioneer of just-in-time inventory, goes: Hahahahaha… By Wolf Richter for WOLF STREET. Ford Motor was the last major automaker to report US sales for June on Friday. Most others reported US sales on Thursday. GM and FCA don’t report monthly sales; they only report quarterly, so Q2 sales. Tesla doesn’t report US sales at all; it only … Read more

Auto Industry Suite Software Market Size, Increasing Trend Diversity, Analysis, Future Scope Analysis Featuring Industry Top Key Players By 2026

Auto Industry Suite Software Market Size, Increasing Trend Diversity, Analysis, Future Scope Analysis Featuring Industry Top Key Players By 2026

The Auto Industry Suite Software market study report offers a detailed assessment of the major growth drivers, limitations, restraints, and trends that are impacting the industry, dynamics making it easier to identify the growth opportunities for stakeholders. It also highlights the historical and present-day scenario of the market to accurately assess its future growth patterns. … Read more

Lumax Auto to set up joint venture with Alpine Co. for electric parts, Auto News, ET Auto

Lumax Auto to set up joint venture with Alpine Co. for electric parts

New Delhi: Auto component maker Lumax Auto Technologies Ltd (LATL) on Friday signed a joint venture agreement with Alpine Co Ltd (ALPS), Japan. The parties have entered into an agreement to establish a joint venture company of 50:50 equity holding in India to manufacture and sell electric devices and components including software related to the … Read more

News Roundup: Canada’s ambitious ICE ban, Stellantis flooding and more

2020 Chevrolet Silverado 1500 RST 4x4

Welcome to our round-up of the biggest breaking stories on Driving.ca from this past week. Get caught up and ready to get on with the weekend, because it’s hard keeping pace in a digital traffic jam. Here’s what you missed while you were away. Canada announces future ban on all new-build combustion-engine cars 2020 Chevrolet … Read more

Industry bodies urge Odisha govt to restore pre-emption right of iron ore, Auto News, ET Auto

Citing the policy by the Karnataka government, where there is a total ban on export of ore outside the state, the industry body stated that similar steps would enable such industries to sustain, amid the COVID-19 pandemic.

Citing the policy by the Karnataka government, where there is a total ban on export of ore outside the state, the industry body stated that similar steps would enable such industries to sustain, amid the COVID-19 pandemic. Bhubaneswar: Faced with soaring prices of iron ore and its shortage in Odisha, several industry associations have urged … Read more

Concours d’Elegance gives car lovers a peek into private collections

Concours d'Elegance gives car lovers a peek into private collections

After a long COVID-19 hiatus, summer auto events return to metro Detroit with a bang July 23-25. The 2021 Concours d’Elegance of America will include once-in-a-lifetime looks into several leading private collections of vehicles from the dawn of the auto industry to today. “There’s massive pent-up demand to see classic vehicles, and by major collectors” eager to … Read more

Report, Auto News, ET Auto

EVs set to raise India's import from Germany: Report

New Delhi: Rise in the use of electric vehicles will result in increasing imports to India from Germany, said a Grant Thornton Bharat-FICCI report. At present, India and Germany aim to partner by leveraging advantages on each side and intensify cooperation on next-generation technologies, including Internet of Things (IoT). The report cited that total import … Read more

Ministry mulls proposals to rev up auto industry

Ministry mulls proposals to rev up auto industry

By Anh Minh  &nbspJuly 3, 2021 | 02:30 pm GMT+7 The VinFast production plant in northern Hai Phong City. Photo by VnExpress/Giang Huy. Small market size and the price gap between locally produced and imported automobiles act as a drag on the automobile industry, the Ministry of Industry and Trade said. Vietnam’s automobile market is … Read more

Jelani Canvases Increased Patronage of Nigerian Assembled Vehicles

Jelani Canvases Increased Patronage of Nigerian Assembled Vehicles

By Bennett Oghifo The Director General of the Nigerian Automotive Design and Development Council (NADDC), Jelani Aliyu has predicted an exponential growth in Nigeria’s auto industry if there is an increase in patronage. Aliyu, a reputable automotive designer who worked for the American car company General Motors as a senior creative designer, until his appointment … Read more

GM forms strategic investment for U.S.-sourced lithium

Detroit — General Motors Co. detailed a new partnership Friday to extract lithium from southern California’s Salton Sea — marking one of the first moves by a major U.S. automaker to domestically source the crucial mineral needed to build electric vehicle batteries.  The move by GM comes amid a global race to secure battery minerals as automakers seek to … Read more

autodoc ipo: German car part firm Autodoc plans autumn IPO at 5 bln euro valuation

Autodoc has said it benefited from the COVID-19 pandemic as customers shied away from buying new vehicles and the average age of Germany's cars rose slightly to 9.6 years, boosting the demand for spare parts.

Autodoc has said it benefited from the COVID-19 pandemic as customers shied away from buying new vehicles and the average age of Germany’s cars rose slightly to 9.6 years, boosting the demand for spare parts. FRANKFURT: German online car part retailer Autodoc is preparing a Frankfurt stock market flotation in the autumn that could value … Read more

From EVs to alternative fuel vehicles, Auto News, ET Auto

The government, the judiciary, public agencies, social and environmental organisations and consumers have raised alarms and awareness about the indispensable need for alternative fuel vehicles on Indian roads. This change would revolutionise the automotive industry in India.

The government, the judiciary, public agencies, social and environmental organisations and consumers have raised alarms and awareness about the indispensable need for alternative fuel vehicles on Indian roads. This change would revolutionise the automotive industry in India. By Anant Jain The dynamic and diversified Indian automotive industry has been able to withstand the adverse impact … Read more