Unifor has reached a tentative agreement with General Motors over wages and job security for workers. Unifor reached a tentative agreement with General Motors early Wednesday over wages and job security for workers at its Ingersoll, Ontario plant, the Canadian labour union said. Unifor said details of the agreement will first be released to union… Continue reading Canadian union, GM reach agreement for Ontario plant workers
Author: Economic Times of India Online News
India in talks to tackle rising steel imports, steel minister says
China was the top steel exporter to India from April to July, followed by Japan and South Korea. India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing further details. Rising imports are a key issue for steelmakers even as demand for the metal continues to surge,… Continue reading India in talks to tackle rising steel imports, steel minister says
Illegally rented pvt vehicles to be seized: Godinho
Expressing dismay at the rising number of deaths in road accident. Transport minister Mauvin Godinho on Tuesday said he will ask his department to confiscate private vehicles that are being illegally rented out to tourists. He said, “Tourists come to Goa, hire rental cars, and try to teach Goans how a vehicle is driven.” Godinho… Continue reading Illegally rented pvt vehicles to be seized: Godinho
Bosch chief sees stagnating growth in car markets worldwide
Bosch will continue pursuing its electrification strategy, as corrections on the market were normal. German autos supplier Bosch CEO Stefan Hartung expects very little growth in car and commercial vehicle markets worldwide this year and next, he said in an interview with Reuters. “Demand on the car market (globally) is lower than the industry expected… Continue reading Bosch chief sees stagnating growth in car markets worldwide
Time to target for tariffs!
The domestic 2-wheeler market is slowly clawing back to FY2018 levels while we exported close to 3.5 million units in FY2024. It is one week since the ACMA and SIAM annual conventions concluded and the best time to share my views on what I saw, heard and observed about a USD 240 billion industry that… Continue reading Time to target for tariffs!
EV tariffs will damage Germany, China, says Chinese Commerce Minister
The European Commission is on the verge of proposing final tariffs of up to 35.3 % on EVs built in China. China’s commerce minister said the European Union’s imposition of tariffs on electric vehicles (EV) will “seriously interfere” with trade and investment cooperation and hurt both China and Germany. In talks on Tuesday with German… Continue reading EV tariffs will damage Germany, China, says Chinese Commerce Minister
China tells Italy: EU electric vehicle probe affecting investor confidence
Chinese Commerce Minister Wang Wentao expressed concerns over the EU’s investigation into Chinese electric vehicles, Chinese Commerce Minister Wang Wentao said on Monday the EU investigation into Chinese electric vehicles was seriously affecting Chinese car companies‘ confidence in investing in Italy, as a regional vote on additional tariffs looms. Cooperation between the Chinese and Italian… Continue reading China tells Italy: EU electric vehicle probe affecting investor confidence
Blink Charging to reduce global workforce by 14% in cost-saving effort
Blink Charging announced it will lay off 14% of its global workforce to reduce costs amid weaker demand for electric vehicle charging equipment. Blink Charging said on Tuesday it would lay off about 14% of its global workforce as part of a cost-reduction plan, as the electric vehicle charging equipment maker tackles weaker demand. Higher… Continue reading Blink Charging to reduce global workforce by 14% in cost-saving effort
EV charging infra in Noida Airport soon
Noida International Airport (NIA) has partnered with Statiq, an electric vehicle (EV) charging network. Noida: The Noida International Airport (NIA) has partnered with Statiq, an electric vehicle (EV) charging network, which will set up, operate, and maintain an airside electric vehicle charging infrastructure at the airport. According to NIA officials, all concessionaires and airport vehicles… Continue reading EV charging infra in Noida Airport soon
Poor maintenance of NH stretches will invite blacklisting, strict action: Gadkari
Nitin Gadkari warned contractors, Indian or foreign, the govt would blacklist them and initiate strict action for poor maintenance of highway stretches. New Delhi: Union road transport minister Nitin Gadkari on Tuesday warned contractors, Indian or foreign, the govt would blacklist them and initiate strict action for poor maintenance of highway stretches. “Now we want… Continue reading Poor maintenance of NH stretches will invite blacklisting, strict action: Gadkari