Incentives For Auto Industry: FBR Issues Details

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more

Report, Auto News, ET Auto

[ad_1] 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 … Read more

Ministry mulls proposals to rev up auto industry

[ad_1] 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 … Read more

Ministry mulls proposals to rev up auto industry

[ad_1] 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 … Read more