Auto Production
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Japan's Factory Output Hit By Supply Snags As Outlook Darkens
Seven out of eight Japanese automakers are seeing global output drop in September, as the global parts and chip shortage weighed on the sector.
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Government Approves Rs. 26,000 Crore Incentive Scheme To Boost Vehicle Production: Report
The Union Cabinet had cleared a new production linked incentive (PLI) scheme to boost vehicle production in the country. Reports suggest an incentive scheme of nearly Rs. 26,000 crore for the auto sector, for a period of 5 years.
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Government To Give Nearly Rs. 26,000 Crore In Revised Clean Tech Scheme For Automakers: Report
The government's original plan was to give about Rs. 58,861 crore to automakers and part manufacturers to promote mainly petrol technology, with added benefits for EVs. The scheme was redrawn to focus on companies that build electric and hydrogen fuel-powered vehicles.
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Tamil Nadu Allows Automakers To Operate At Full Capacity From This Week: Report
The Tamil Nadu state government has recently said that it will allow some industrial units including those of global automakers in and around capital city Chennai to operate at 100 per cent capacity from June 21, 2021.
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India Auto Hub Lets Car Plants Run At Full Capacity Despite Few Vaccinations
Car factories, including those of Renault-Nissan, Hyundai and Ford, can operate with full workforces in India's automaking hub from Monday, even though 75% of workers at the global carmakers' plants have not been vaccinated against COVID-19.
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Parts Maker Visteon Expects Global Auto Output To Plunge Up To 25%
Major auto parts supplier Visteon Corp on Thursday forecast global production volumes for the auto industry to fall between 20% and 25% this year and warned it would be a couple of years before they returned to 2019 levels. The U.S. auto industry has been struggling to recover after the coronavirus pandemic shutdown factories and disrupted global s...
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U.S. Auto Industry Workers Return To Jobs Amidst Concerns Of Second Virus Wave
Factory workers began returning to assembly lines in Michigan on Monday, paving the way to reopen the U.S. auto sector but stoking fears of a second wave of coronavirus infections as strict lockdowns are eased across the country.
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Coronavirus Lockdown: Bharat Forge To Commence Partial Operations Of Baramati Plant
Home-grown auto component manufacture Bharat Forge, a part of the Kalyani Group, has announced receiving permission to start partial operations at its Baramati plant.
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Passenger Vehicle Production Down 38.14 Per Cent In March 2020
Partially owing to the nationwide lockdown called to fight against the Coronavirus pandemic, auto production across categories went down by 33.61 per cent in March 2020.
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Honda, Fiat Chrysler Aim To Restart U.S., Canada Auto Production In May
Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they hope to restart U.S. and Canadian auto production in May amid the ongoing coronavirus pandemic.
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U.S. Auto industry Backs Tax Relief, Delaying USMCA Start After Coronavirus
Automakers and suppliers back a series of actions to boost the industry including delaying the planned June 1 entry into force date for the new USMCA North American trade deal. Automakers warn the fast approaching date puts undue compliance pressures on them to comply with new rules of origin.
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Renewed Chinese Auto Tariffs Would Cost U.S. Jobs, Industry Coalition Warns
China imported 190,118 U.S.-made vehicles in 2018, down by 35% from a year earlier, according to data from country's top auto importer Sinomach Auto, citing trade tension and tariff adjustment.
-
Japan's Factory Output Hit By Supply Snags As Outlook Darkens
Seven out of eight Japanese automakers are seeing global output drop in September, as the global parts and chip shortage weighed on the sector.
-
Government Approves Rs. 26,000 Crore Incentive Scheme To Boost Vehicle Production: Report
The Union Cabinet had cleared a new production linked incentive (PLI) scheme to boost vehicle production in the country. Reports suggest an incentive scheme of nearly Rs. 26,000 crore for the auto sector, for a period of 5 years.
-
Government To Give Nearly Rs. 26,000 Crore In Revised Clean Tech Scheme For Automakers: Report
The government's original plan was to give about Rs. 58,861 crore to automakers and part manufacturers to promote mainly petrol technology, with added benefits for EVs. The scheme was redrawn to focus on companies that build electric and hydrogen fuel-powered vehicles.
-
Tamil Nadu Allows Automakers To Operate At Full Capacity From This Week: Report
The Tamil Nadu state government has recently said that it will allow some industrial units including those of global automakers in and around capital city Chennai to operate at 100 per cent capacity from June 21, 2021.
-
India Auto Hub Lets Car Plants Run At Full Capacity Despite Few Vaccinations
Car factories, including those of Renault-Nissan, Hyundai and Ford, can operate with full workforces in India's automaking hub from Monday, even though 75% of workers at the global carmakers' plants have not been vaccinated against COVID-19.
-
Parts Maker Visteon Expects Global Auto Output To Plunge Up To 25%
Major auto parts supplier Visteon Corp on Thursday forecast global production volumes for the auto industry to fall between 20% and 25% this year and warned it would be a couple of years before they returned to 2019 levels. The U.S. auto industry has been struggling to recover after the coronavirus pandemic shutdown factories and disrupted global s...
-
U.S. Auto Industry Workers Return To Jobs Amidst Concerns Of Second Virus Wave
Factory workers began returning to assembly lines in Michigan on Monday, paving the way to reopen the U.S. auto sector but stoking fears of a second wave of coronavirus infections as strict lockdowns are eased across the country.
-
Coronavirus Lockdown: Bharat Forge To Commence Partial Operations Of Baramati Plant
Home-grown auto component manufacture Bharat Forge, a part of the Kalyani Group, has announced receiving permission to start partial operations at its Baramati plant.
-
Passenger Vehicle Production Down 38.14 Per Cent In March 2020
Partially owing to the nationwide lockdown called to fight against the Coronavirus pandemic, auto production across categories went down by 33.61 per cent in March 2020.
-
Honda, Fiat Chrysler Aim To Restart U.S., Canada Auto Production In May
Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they hope to restart U.S. and Canadian auto production in May amid the ongoing coronavirus pandemic.
-
U.S. Auto industry Backs Tax Relief, Delaying USMCA Start After Coronavirus
Automakers and suppliers back a series of actions to boost the industry including delaying the planned June 1 entry into force date for the new USMCA North American trade deal. Automakers warn the fast approaching date puts undue compliance pressures on them to comply with new rules of origin.
-
Renewed Chinese Auto Tariffs Would Cost U.S. Jobs, Industry Coalition Warns
China imported 190,118 U.S.-made vehicles in 2018, down by 35% from a year earlier, according to data from country's top auto importer Sinomach Auto, citing trade tension and tariff adjustment.
