Author: World_Newz Mon

World NM: Government intervention is required to make EVs cheaper, but it’s key to increasing uptake in Australia, a new report outlines001268

If technology accelerates, Australia could reach a “revolutionary turning point” in its transition to zero-emission vehicles. The association also reported that the shift towards electric cars will bring structural change and pose significant challenges to the sector, however government intervention could have a major impact on outcomes. It also found that apprehension among consumers and… Continue reading World NM: Government intervention is required to make EVs cheaper, but it’s key to increasing uptake in Australia, a new report outlines001268

World NM: SsangYong likely to pick lead manager for sale process001267

SsangYong Motor Co., currently under court receivership, is expected to select a lead manager as early as this week to find a new investor, industry sources said Tuesday. U.S. vehicle importer HAAH Automotive Holdings Inc. reportedly remains among the potential bidders though it failed to submit a letter of intent (LOI) to a bankruptcy court… Continue reading World NM: SsangYong likely to pick lead manager for sale process001267

World NM: News digest: Harsh words spoken in Slovakia in response to Belarus001266

Welcome to the first redesigned edition of Today in Slovakia on Monday, May 24, 2021. Several Slovak media outlets have issued a joint statement in support of Pratasevich and other Belarusian journalists, calling on the state and EU representatives to protect their colleagues in Belarus. This means that the anti-pandemic rules applied there are milder… Continue reading World NM: News digest: Harsh words spoken in Slovakia in response to Belarus001266

World NM: Supply shortage have no effect on carmakers’ economic results001265

Supply shortage in car components continue affecting carmakers in Slovakia. The Bratislava-based carmaker Volkswagen decided on suspending the production of its SUV models in late April, restoring production only on May 17 due to a shortage of semiconductor components. The supply shortage then affected the production of the Trnava-based Stellantis. Go to Source

World NM: Renault Nissan factory staff in India say won’t work in lockdown, fear contracting Covid001264

Renault Nissan Automotive India Pvt. is caught in a legal dispute after some of its factory floor staff threatened to stop work on fears of contracting Covid-19 and challenged an exemption granted to the automobile industry from local lockdown rules. A workers’ union has filed a lawsuit against the automaker and the Tamil Nadu state… Continue reading World NM: Renault Nissan factory staff in India say won’t work in lockdown, fear contracting Covid001264

World NM: Chevrolet Corvette production parked this week due to parts shortage001263

The Chevrolet Corvette Stingray is one of the quickest-selling cars in the U.S. and GM can’t make enough of them to keep up with demand. It took just 9.2 days for dealers to turn their Corvettes in April, compared to an industry-wide average of 48.3 days, putting it at the top of the list. Production… Continue reading World NM: Chevrolet Corvette production parked this week due to parts shortage001263

World NM: German auto parts maker AFT opens plant in Priboj001254

German auto parts manufacturer AFT opened a plant in Priboj, southwestern Serbia, on Friday at a ceremony also attended by Serbian President Aleksandar Vucic. The factory, whose workforce will reach 400 in total, will produce parts for Audi, BMW, VW and other major automotive brands. The 6,300 sq m factory was built on 15,000-plus sq… Continue reading World NM: German auto parts maker AFT opens plant in Priboj001254

World NM: Didi Partners With GAC Aion to Build Smart Electric Cars001233

Chinese ride-hailing giant Didi Chuxing is making another push into the white-hot electric-car making business through a tie-up with Guangzhou Automobile Group’s electric vehicle unit GAC Aion. In November, Didi and BYD launched the D1 as the world’s first fully electric vehicle designed for ride-hailing produced at volume. A lengthy list of Chinese technology heavyweights… Continue reading World NM: Didi Partners With GAC Aion to Build Smart Electric Cars001233

World NM: Auto assemblers flexing muscles for another price hike001217

As the auto assemblers anticipate jump in vehicle prices on account of spiralling raw material prices on world markets, another cost pressure has emerged following removal of export tax rebate by China on 146 kinds of steel products from May 1, 2021. When asked whether the rupee’s rising strength against the dollar would offset the… Continue reading World NM: Auto assemblers flexing muscles for another price hike001217