Gas Prices Influence Still-Low New-Vehicle Inventory in May

Among vehicle segments, compact cars had the lowest inventory after small volume high-performance cars. Also at the low end were hybrids, midsize cars, minivans and compact SUVs. Source: Cox Automotive New-vehicle inventory remained at the same level it has been for months, according to Cox Automotive’s analysis of vAuto Available Inventory data, despite comments from… Continue reading Gas Prices Influence Still-Low New-Vehicle Inventory in May

Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

DUBLIN, June 24, 2022–(BUSINESS WIRE)–Power management company Eaton (NYSE:ETN) today announced Taras “Terry” Szmagala Jr. has been named executive vice president and chief legal officer. In this role, he will serve as counsel to Eaton’s executive management team and its Board of Directors, and will lead the company’s global Legal organization, including the Corporate Governance… Continue reading Eaton promotes Taras “Terry” Szmagala Jr. and Nancy Berardinelli-Krantz to new leadership positions within Legal team

Disney, Amazon, Netflix among companies offering travel benefits to obtain abortions

Yahoo Finance’s Allie Garfinkle discusses how companies are increasingly offering benefits that help employees receive health care out of state, including abortions. Video Transcript BRIAN CHEUNG: I want to switch back to the topic of the Supreme Court overturning Roe versus Wade. Obviously, we’ve been watching a lot of companies who, for weeks, have been… Continue reading Disney, Amazon, Netflix among companies offering travel benefits to obtain abortions

India should seek deeper integration into European supply chains: Niti VC

Bery said an explicit goal of the EU is to promote convergence in living standards between richer and poorer member states. Assuming a successful conclusion to the trade negotiations with the European Union (EU), India should seek deeper integration into European supply chains and present itself as an alternative to China, Niti Aayog Vice Chairman… Continue reading India should seek deeper integration into European supply chains: Niti VC

India-EU FTA negotiations – how deep can we go?

India and the European Union (EU) will soon launch the free trade agreement (FTA) negotiations. While the two parties have set the ambition to conclude a comprehensive agreement including commitments on trade in goods and services, investments, and geographical indication, it must be acknowledged that there are fundamental differences in the design, or the template… Continue reading India-EU FTA negotiations – how deep can we go?

Pakistan PM Sharif announces 10 per cent ‘super tax’ on large-scale industries

The sectors on which this “super tax” will be levied include cement, steel, sugar, oil and gas, fertilisers, LNG terminals, textile, banking, automobile, cigarettes, beverages and chemicals, according to the Dawn newspaper. Islamabad: Pakistan Prime Minister Shehbaz Sharif on Friday announced a 10 per cent “super tax” on large-scale industries like cement, steel and automobile,… Continue reading Pakistan PM Sharif announces 10 per cent ‘super tax’ on large-scale industries

Ford extends production at Chennai to end-July

Ford India has decided extended its production schedule to the end of July as the company continues its discussions on the severance package it is offering to employees, according to a PTI report. The plant was slated to shut down at the end of June. A Ford union member said, “ “We have been asking… Continue reading Ford extends production at Chennai to end-July

@VW Group: Project “Colorado”: Searching for the right shape005293

22/06/2022 With its decision to develop a ‘sporty multi-purpose vehicle’, Porsche presented its design department and its boss at the time, Harm Lagaay, with major challenges. This was the first time in the history of the company that, instead of a two-door sports car, a blueprint for an SUV was required. This was, in a… Continue reading @VW Group: Project “Colorado”: Searching for the right shape005293

Parameswaran Iyer appointed as Niti Aayog CEO

Parameswaran Iyer Former Drinking Water and Sanitation Secretary Parameswaran Iyer, who spearheaded the Swachh Bharat Mission, was on Friday appointed as the CEO of Niti Aayog, according to a government order. He will replace Amitabh Kant, who will demit office on June 30. Iyer has been appointed for two years or until further orders, whichever… Continue reading Parameswaran Iyer appointed as Niti Aayog CEO

Electric mobility startup Matter raises USD 10 mn

Electric mobility startup Matter on Friday said it has raised USD 10 million (nearly Rs 80 crore) in its latest round of funding from investors, including Capital 2B, a technology fund backed by Infoedge and Climate Angels Fund. The new investors now join the founders and existing investors, including Baring Private Equity Partners, the company… Continue reading Electric mobility startup Matter raises USD 10 mn