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Jaguar Land Rover Suspends Exports To US Post Trump's Tariff Increase
JLR is a key component of Tata Motors, playing a vital role in its overall revenue.
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Trump's Auto Tariff Has Limited Effect On Indian Auto Component Manufacturer
Since the new tariff applies to all exporting nations, India is not at a disadvantage compared to competitors. In fact, India could see an opportunity to expand its footprint in the U.S. market.
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China Proposes Further Export Curbs on Battery, Critical Minerals Tech
China is mulling over proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium. If implemented, they would be the latest in a series of export restrictions and bans targeting critical minerals and the technology used to process them, areas in which Beijing is globally dominant...
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Toyota To Make EV Parts In India For Domestic, Export Markets
Toyota plans to make India a manufacturing hub for EV components to meet demand here as well as for export to Japan and some ASEAN countries.
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Maruti Suzuki October Sales Decline 24% On Shortage Of Electronic Components
In October, Maruti Suzuki achieved highest ever exports of 21,322 units despite the shortage of electronic components.
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Tesla To Add EV Components Recycling Facilities At Shanghai Factory
Tesla sold more than 35,000 locally-made vehicles last month in China and is exporting China-made cars to Europe.
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Tesla Assured of Lower Cost of Manufacturing Vehicles in India Than China
The government says that it is ready to offer incentives to ensure that the manufacturing cost of vehicles for Tesla in India would be lower than even China. Union Transport Minister Nitin Gadkari said: “Rather than assembling (the cars) in India they should make the entire product in the country by hiring local vendors. Then we can give higher c...
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Indian Auto Components Sector Registers Revenue Decline Of 34 Per Cent In H1 2020-21
The overall turnover of the automotive component industry stood at Rs. 1.19 lakh crore for the period April 2020 to September 2020 which is a registering a decline of 34 per cent over the first half of the previous year.
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India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant
The industry is now targeting to reduce its dependency on imports by almost half and increase exports levels in a bid to strengthen its position in the global picture.
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Auto Component Sector Records A Revenue Decline Of 11.7 Per Cent in FY2020
The auto component industry has recorded a revenue decline of 11.7 per cent at Rs. 3.49 lakh crore in the last financial year.
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India Plans To Offer Incentives To Auto Companies To Boost Exports: Report
India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.
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India's Auto, Pharma Sectors Not Ready To Wean Off China
India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheaply, company and industry figures say.
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Backlash Against China Creates Huge Opportunity For $ 57 bn Indian Auto Components Industry
As sentiment against China starts to build, many global OEMs may look to India and others as options to sourcing from Chinese suppliers. Can Indian vendors cash in on the opportunity created by the COVID-19 pandemic?
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Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
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UK Car Sector Warns: Supply Companies Need Cash Immediately
Britain's car sector needs immediate cash and the government should introduce measures to support suppliers, some of which only have enough money to handle the coronavirus crisis for weeks not months, the head of the main trade body told Reuters. The country's biggest exporter of goods employs over 800,000 people, many of whom work for component an...
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Jaguar Land Rover Suspends Exports To US Post Trump's Tariff Increase
JLR is a key component of Tata Motors, playing a vital role in its overall revenue.
-
Trump's Auto Tariff Has Limited Effect On Indian Auto Component Manufacturer
Since the new tariff applies to all exporting nations, India is not at a disadvantage compared to competitors. In fact, India could see an opportunity to expand its footprint in the U.S. market.
-
China Proposes Further Export Curbs on Battery, Critical Minerals Tech
China is mulling over proposed export restrictions on some technology used to make battery components and process critical minerals lithium and gallium. If implemented, they would be the latest in a series of export restrictions and bans targeting critical minerals and the technology used to process them, areas in which Beijing is globally dominant...
-
Toyota To Make EV Parts In India For Domestic, Export Markets
Toyota plans to make India a manufacturing hub for EV components to meet demand here as well as for export to Japan and some ASEAN countries.
-
Maruti Suzuki October Sales Decline 24% On Shortage Of Electronic Components
In October, Maruti Suzuki achieved highest ever exports of 21,322 units despite the shortage of electronic components.
-
Tesla To Add EV Components Recycling Facilities At Shanghai Factory
Tesla sold more than 35,000 locally-made vehicles last month in China and is exporting China-made cars to Europe.
-
Tesla Assured of Lower Cost of Manufacturing Vehicles in India Than China
The government says that it is ready to offer incentives to ensure that the manufacturing cost of vehicles for Tesla in India would be lower than even China. Union Transport Minister Nitin Gadkari said: “Rather than assembling (the cars) in India they should make the entire product in the country by hiring local vendors. Then we can give higher c...
-
Indian Auto Components Sector Registers Revenue Decline Of 34 Per Cent In H1 2020-21
The overall turnover of the automotive component industry stood at Rs. 1.19 lakh crore for the period April 2020 to September 2020 which is a registering a decline of 34 per cent over the first half of the previous year.
-
India Aims To Reduce Component Imports And Promote Exports To Become Self-Reliant
The industry is now targeting to reduce its dependency on imports by almost half and increase exports levels in a bid to strengthen its position in the global picture.
-
Auto Component Sector Records A Revenue Decline Of 11.7 Per Cent in FY2020
The auto component industry has recorded a revenue decline of 11.7 per cent at Rs. 3.49 lakh crore in the last financial year.
-
India Plans To Offer Incentives To Auto Companies To Boost Exports: Report
India is drawing up an incentive scheme for the autos sector aimed at doubling exports of vehicles and components in the next five years, four sources with direct knowledge of the matter told Reuters.
-
India's Auto, Pharma Sectors Not Ready To Wean Off China
India relies on China for products such as electronic components and drug ingredients because it cannot make them or source them elsewhere as cheaply, company and industry figures say.
-
Backlash Against China Creates Huge Opportunity For $ 57 bn Indian Auto Components Industry
As sentiment against China starts to build, many global OEMs may look to India and others as options to sourcing from Chinese suppliers. Can Indian vendors cash in on the opportunity created by the COVID-19 pandemic?
-
Automobile Industry Bands Together For The First Time To Seek Resumption Of Operations
The Indian automotive industry is one of the key drivers of our economy as it contributes 7 per cent to the GDP. The auto sector also creates employment for more than 3.7 crore people in a direct as well as indirect ways. Additionally, the industry also plays a crucial role in exports by exporting USD 27 billion worth of vehicles and components on ...
-
UK Car Sector Warns: Supply Companies Need Cash Immediately
Britain's car sector needs immediate cash and the government should introduce measures to support suppliers, some of which only have enough money to handle the coronavirus crisis for weeks not months, the head of the main trade body told Reuters. The country's biggest exporter of goods employs over 800,000 people, many of whom work for component an...
