Auto Sector Demand
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Auto Component Sector Poised For Growth Amid Demand Recovery and Order Surge: Report
The recovery in auto component is expected to be driven by improved vehicle sales after the GST cut, which has eased cost pressures and supported consumer demand.
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India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
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Tight Asia Capacity Limits Room For New LNG Ships - Report
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.
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India Asks GAIL To Import LNG To Meet Rising City Gas Demand
India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet growing demand growth from household and transport sectors as cheaper supplies.
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Supply Chains Snarl Taiwan Tech Firms As Some Strive To Meet Demand
Taiwanese tech suppliers are suffering from supply constraints, even for such things as packing materials, as some struggle to take advantage of soaring demand.
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Oil Prices Rise, As Saudis Dismiss Supply Concerns As Demand Grows
Oil demand is set to rise by half a million barrels per day (bpd) as the power sector and heavy industries switch from more expensive sources of energy, the IEA said.
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Electric Vehicles May Cut Global Refining Capacity Demand By Half In 2050: Report
Electric vehicles will cut global consumption of petrol and diesel, but demand for other refined oil products in aviation, maritime and petrochemical sectors could remain high because of urbanisation.
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India's Auto Demand To Recover Despite COVID-19 Second Wave: Report
Buyers are more optimistic due to improved visibility on a longer-term economic recovery and reversal of pay cuts as corporate spending normalises from 2020.
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Vehicle Scrappage Policy Approved For 15-Year-Old Government And PSU Vehicles From April 1, 2022
The vehicle scrappage policy would apply to central and state government-owned vehicles effective from April 1, 2022.
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Increased New-Car Demand During Pandemic Has U.S. Industry Optimistic About 2021
Industry officials expect the U.S. auto sector to finish the year with 2020 sales in the range of 14.5 million to 14.6 million, which would be down from 17.1 million in 2019.
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Auto Component Sector Poised For Growth Amid Demand Recovery and Order Surge: Report
The recovery in auto component is expected to be driven by improved vehicle sales after the GST cut, which has eased cost pressures and supported consumer demand.
-
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
-
Tight Asia Capacity Limits Room For New LNG Ships - Report
Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.
-
India Asks GAIL To Import LNG To Meet Rising City Gas Demand
India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet growing demand growth from household and transport sectors as cheaper supplies.
-
Supply Chains Snarl Taiwan Tech Firms As Some Strive To Meet Demand
Taiwanese tech suppliers are suffering from supply constraints, even for such things as packing materials, as some struggle to take advantage of soaring demand.
-
Oil Prices Rise, As Saudis Dismiss Supply Concerns As Demand Grows
Oil demand is set to rise by half a million barrels per day (bpd) as the power sector and heavy industries switch from more expensive sources of energy, the IEA said.
-
Electric Vehicles May Cut Global Refining Capacity Demand By Half In 2050: Report
Electric vehicles will cut global consumption of petrol and diesel, but demand for other refined oil products in aviation, maritime and petrochemical sectors could remain high because of urbanisation.
-
India's Auto Demand To Recover Despite COVID-19 Second Wave: Report
Buyers are more optimistic due to improved visibility on a longer-term economic recovery and reversal of pay cuts as corporate spending normalises from 2020.
-
Vehicle Scrappage Policy Approved For 15-Year-Old Government And PSU Vehicles From April 1, 2022
The vehicle scrappage policy would apply to central and state government-owned vehicles effective from April 1, 2022.
-
Increased New-Car Demand During Pandemic Has U.S. Industry Optimistic About 2021
Industry officials expect the U.S. auto sector to finish the year with 2020 sales in the range of 14.5 million to 14.6 million, which would be down from 17.1 million in 2019.
