Category: automotive
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Is the supply chain ready for zero-emission vehicles?
Here is a growing interest in zero-emission vehicles that have environmental and air quality issues. Electric vehicles, in particular, are emerging in major markets around the world. In Norway, the conference represented 56% of new car registrations held in March. In the UK, EV volumes are only 4.6% of the new car market. But the…
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COVID-19, trade war: Manufacturing shift to hit China, but will India gain?
The sudden rise in global coronavirus cases (COVID-19) over the past few weeks have not only shadowed global financial markets but has hampered the economic activity of major countries, particularly the virus in the midst of trade with China before the spread of coronavirus. In this case, most analysts have revised down their global growth…
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1/10 Auto Dealers may face closure
Even after the lockdown, auto sales are uncertain and many small and medium-sized vehicle dealers are looking to close the store or merge their businesses with larger dealers. There are currently 15,000 auto dealerships across India (including 2,3 and 4 wheelers). Famous people said they plan to close at least 8-10 percent of these dealerships…
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Ford proposes to pay $30M to settlement transmission lawsuit
According to media reports, Ford is proposing to pay at least $ 30 million to settle a class-action lawsuit filed by Fiesta and Focus car owners. About $ 2 million represents current or former owners of the 2011-2016 Ford Fiesta or the 2012-16 Ford Focus Dual-Clutch PowerShift Six-Speed ??Transmission. Proponents of Ford’s internally known transmission…