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

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

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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

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

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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

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

Is Magna International a Winner in the Auto Parts Industry?

June 29, 2021 5 min read This story originally appeared on StockNews While the price of shares of Canada-based Magna International (MGA) dipped slightly over the past month on investors’ concerns regarding the global semiconductor chip shortage, the auto parts company reported revenue growth across all major segments for the first quarter, ended March 31, … Read more

LKQ North America Partners with Tractable to Accelerate Auto Parts Recycling and Distribution with Artificial Intelligence

NEW YORK, June 29, 2021 /PRNewswire/ — LKQ North America, the leading provider of alternative vehicle parts, is now using Tractable’s Artificial Intelligence (“AI”) to accelerate and optimize the recycling of the salvage vehicles the Company procures across their North America segment. The AI uses computer vision, a technology that allows algorithms to reason based on … Read more

Insights from Deloitte’s 2021 “Future of Auto Retail” SA conference

JOHANNESBURG – According to Deloitte, the automotive industry is gradually breaking away from traditional sales models to support a digitally led future state. “Companies are becoming more agile due to changing consumer needs and preferences,” the firm’s latest report on the state of the South African auto sector reveals. “Automotive retail is moving to a … Read more

ATV Steering System Market in Auto Parts & Equipment Industry

Request a Free Sample Report to Know More The ATV steering system market is fragmented due to the presence of many market players. Some of the major players mentioned in the report include Allied Motion Technologies Inc., Bombardier Recreational Products Inc., Honda Motor Co. Ltd., Maval Industries LLC, Polaris Inc., Showa Corp., Soucy Holding Inc., … Read more

J.D. Power: Best midsized auto insurance companies in 2021

10. Automobile Club Group Overall customer satisfaction index rating (based on 1,000-point scale): 834 (Credit: Automobile Club Group ) 9. MetLife Overall customer satisfaction index rating (based on 1,000-point scale): 839 (Credit: Credit: Osugi/Shutterstock.com) 8. Auto Club of Southern California Insurance Group Overall customer satisfaction index rating (based on 1,000-point scale): 851 (Credit: Auto Club … Read more

Scrappage policy paves way for automotive circular economy, Auto News, ET Auto

In its latest report, Ernst & Young (EY) has highlighted the importance of removing old vehicles, particularly old diesel vehicles, from the fleet to substantially reduce direct exposure emission on roads.

In its latest report, Ernst & Young (EY) has highlighted the importance of removing old vehicles, particularly old diesel vehicles, from the fleet to substantially reduce direct exposure emission on roads. New Delhi: The scrappage policy can give a positive push to start a new and nascent automotive circular economy whereby the value embedded in … Read more

Citroen partners with CarWale for last-mile delivery of new C5 Aircross SUV, Auto News, ET Auto

Citroen partners with CarWale for last-mile delivery of new C5 Aircross SUV

New Delhi: French automobile manufacturer Citroen has partnered with CarWale, a platform that provides customers information on new car pricing and other related issues, for last-mile delivery of its flagship vehicle model, the new Citroen C5 Aircross SUV. Under the tie-up, customers purchasing the car through a 100 per cent direct online selling model will … Read more

Global Automotive Drive Shafts Market to touch USD 7.5 billion by 2026, Auto News, ET Auto

Global Automotive Drive Shafts Market to touch USD 7.5 billion by 2026

New Delhi: The automotive drive shafts market across the globe is anticipated to witness a healthy growth during the forecast period from 2021 to 2026, according to a new research report. Amid the COVID-19 crisis, the global market for Automotive Drive Shafts estimated at USD 5.5 billion in the year 2020, is projected to reach … Read more

Ontario to boost training for auto manufacturing jobs

By Mark Brown June 26, 2021 7:15am Those in certain groups considering careers in the auto industry are getting help from the Ontario government. Ontario Labour Minister Monte McNaughton announced on Friday a $7-million commitment from the provincial government for training and paid job placements in the automotive manufacturing sector. The funding will support up … Read more

Top 8 Auto Industry Solutions To Prevent Car Accident Damage

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Thanks to the advancements in modern technology, preventing the event of car crashes is already made more possible. With a reduced risk of road mishaps, car accident damages are also prevented. Therefore, most modern cars can help prevent car accident damage with the innovative technology integrated into them. What To Do In Case Of A … Read more