The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
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US tariffs will hurt both automakers and US manufacturing: ACEA
The European Automobile Manufacturers’ Association (ACEA) has voiced its deep concern by US President DonaldTrump’s announcement of additional tariffs on the automotive sector. In a statement issued today, ACEA said: “It comes at a watershed moment for our industry’s transformation and as fierce international competition mounts.” European automakers have been investing in the US for… Continue reading US tariffs will hurt both automakers and US manufacturing: ACEA
Trump’s Auto Tariffs: 14 Indian Stocks To Watch
US President Donald Trump has imposed 25% tariff on all car and component imports into the US, with a view to encourage domestic manufacturing. While India is not a big exporter of cars to the US, the tariffs may have an indirect impact on some of the listed Indian companies — particularly those that supply… Continue reading Trump’s Auto Tariffs: 14 Indian Stocks To Watch
Trump’s Auto Tariffs: 14 Indian Stocks To Watch
US President Donald Trump has imposed 25% tariff on all car and component imports into the US, with a view to encourage domestic manufacturing. While India is not a big exporter of cars to the US, the tariffs may have an indirect impact on some of the listed Indian companies — particularly those that supply… Continue reading Trump’s Auto Tariffs: 14 Indian Stocks To Watch
Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz
Rajiv Kumar New Delhi, Vedanta on Wednesday said its board has approved the appointment of Rajiv Kumar as CEO of its aluminium business. The development comes at a time when Vedanta is demerging its businesses, including its aluminium business, into four independent entities. “The board of directors at its meeting held on Wednesday, March 26,… Continue reading Vedanta board approves appointment of Rajiv Kumar as CEO of aluminium biz
Trump levies 25% tariff on all cars imported to US
A new tariff of 25% will be imposed on all cars and car parts imported into the United State, President Donald Trump has announced. This new levy will come into effect from April 2, and will apply both to finished machines shipped into the country and car parts imported for vehicles assembled there. President Trump claimed the… Continue reading Trump levies 25% tariff on all cars imported to US
Trump announces 25% tariff on all cars imported to US
A new tariff of 25% will be imposed on all cars and car parts imported into the United State, president Donald Trump has announced. This new levy will come into effect from 2 April, and will apply both to finished machines shipped into the country and car parts imported for vehicles assembled there. President Trump claimed the… Continue reading Trump announces 25% tariff on all cars imported to US
India Auto Sector to Take Multi-fuel Pathway to Sustainability, Say Experts
The Indian auto sector will take a multi-fuel pathway in its transition to sustainable mobility instead of relying completely on electrification, industry players said at the Future Powertrain Conclave organised by Autocar Professional and Government of Tamil Nadu. Leaders from Tata Motors, Mahindra & Mahindra, Ashok Leyland, Toyota Kirloskar Motor, Stellantis India, and Montra Electric… Continue reading India Auto Sector to Take Multi-fuel Pathway to Sustainability, Say Experts
VinFast to Open Tamil Nadu Factory in 3-4 Months: TRB Rajaa
Vietnamese electric vehicle manufacturer VinFast is set to start operations at its new plant in Tamil Nadu within the next three to four months, according to Dr. TRB Rajaa, the state’s Minister for Industries, Investment Promotions, and Commerce. The automaker started construction on its third global production plant, a 400-acre integrated facility in Thoothukudi, in… Continue reading VinFast to Open Tamil Nadu Factory in 3-4 Months: TRB Rajaa
After Manufacturing, R&D is Tamil Nadu’s New Destination
After successfully building Tamil Nadu into a manufacturing powerhouse, the state government is now ready to take the next step: turn the South Indian state into a hub of research and development (R&D) activity. “Tamil Nadu is going beyond the manufacturing story. Our strength lies in the talent that we have. I think R&D is… Continue reading After Manufacturing, R&D is Tamil Nadu’s New Destination