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Search Results for: cars

10 results out of 1044 results found for 'cars'.

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INDIA: BANKNOTES FOR VOTES CORRUPTS BUSINESS ENVIRONMENT

AS the afternoon heat ebbs in the middle of this Indian summer, a police team block a major highway outside the city of Nashik, in the western state of Maharashtra, rolling in wheeled yellow-coloured barricades. Soon a traffic jam builds up and policemen move from one car to another in search for cash, often hidden in door cavities or spare wheels.With…

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VOLVO RUSSIA CFO STRESSES NEED FOR EMPATHY AND FLEXIBILITY TO SUCCEED IN BUSINESS

There are two displays in the Moscow office of the CFO of Volvo Car Russia, Vladimir Lagutin, that catches the attention, immediately: a large elegantly-framed poster of UK electronic music band Depeche Mode and a case of tennis balls.

“Those things – music and tennis – keep me from being stressed,” says Lagutin.…

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AUTO INDUSTRY CONTESTS EUROPEAN PARLIAMENT PUSH FOR TOUGH TRUCK EMISSIONS GOALS

THE EUROPEAN car industry has slammed the “excessively aggressive CO2 reduction targets” for new heavy-duty vehicles – trucks and lorries – backed by the European Parliament – the European Union (EU)’s directly-elected legislative body – on November 14 in at the Strasbourg plenary session.…

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CAR MAKERS AND TELECOMS FEAR THE EU MAY ESCHEW TECHNOLOGICAL NEUTRALITY IN UPCOMING LEGISLATION ON CONNECTED CARS

WHEN deciding what new tech to integrate into automotive design, the likely opinion of regulators matters to manufacturers. A key concern for European auto companies is the extent to which the European Union (EU) and its executive the European Commission will encouraging either the use of Wi-Fi or 5G network for the development of connected cars in upcoming legislation.…

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TURKISH CAR SECTOR SUFFERS FROM SOARING INFLATION AND A PLUNGING CURRENCY

THE SEVERE depreciation of the Turkish lira (TRY) this summer has adversely affected the car sector, with domestic sales halving. While the country’s USD31 billion automotive export market has not been so badly impacted, manufacturers’ bottom lines have taken a hit due to the higher cost of importing key raw materials.  …

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AMERICAN AND CHINESE AUTO PARTS MANUFACTURERS HIT IN LATEST TRADE WAR TARIFF EXCHANGE

AMERICAN and Chinese automotive parts exporters could both suffer from the latest tit-for-tat round of protective duties imposed by their governments.

China exporters may have the most to lose if the US tariffs deter American purchases. The US Trade Representative (USTR) confirmed on September 18 that the US America will be imposing 10% tariffs on a wide range of products, also including personal care exports, from China.…

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CARS AND AUTOPARTS MAKERS HOPE EU-MERCOSUR TRADE TALKS WILL BREAK THROUGH

EUROPEAN Union (EU) and Mercosur negotiators went into crucial trade talks in Uruguayan capital Montevideo September 10-14, cheered on by automakers on both sides who want a deal, even though there are tough technical issues to resolve. The round is another bid to smash the deadlock over a future trade pact between the EU and the four founding Mercosur nations – Argentina, Brazil, Paraguay and Uruguay. …

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US COTTON EXPORTERS FRET OVER TURKEY CURRENCY COLLAPSE AND TRADE DISPUTE WITH WASHINGTON

A senior figure in the American cotton industry has told just-style of his concern that Turkey’s collapsing currency and trade disputes with the US government will cause it to import less US-made cotton.

The Turkish lira – TRY has dropped in value by 45% this year – indeed last September 12, USD1 bought TRY3.43, this September 11, it bought TRY6.43.…

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CINTE 2018 SHOWS HOW CHINA TECHNICAL TEXTILE AND NONWOVENS SECTOR IS GROWING IN IMPORTANCE

The latest edition of the biannual China International Trade Fair for Technical Textiles and Nonwovens (Cinte Techtextil China), held September 4-6, in Shanghai, showed how Chinese manufacturers are more than holding their own in these technically demanding markets.

The fair, a spin-off from the Techtextil show in Germany, attracted a diverse range of some 500 exhibitors from around 20 countries, covering 12 different application areas with protech, mobiltech and geotech, spanning wovens, knits and nonwovens, arguably being most prominent. …

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SHIPPING SWITCHES ON TO BATTERY POWER

REGULATORY and other pressures are behind a recent international surge in construction of electric vessels.

Using battery-electric power instead of traditional fuels such as marine diesel to drive a ship’s propulsion and/or operate its equipment can reduce greenhouse gases and lessen health, safety and environmental risks, particularly when vessels are in or near port.…

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