Search Results for: cars
10 results out of 1077 results found for 'cars'.
EXCHANGING BANKNOTES FOR VOTES IN INDIA’S ELECTIONS CORRUPTS BUSINESS ENVIRONMENT
INDIAN authorities have seized more than USD120 million’s worth of unaccounted cash during the six-week long general election that concluded in May [2019]. Law enforcers have warned that this could be for vote buying, making a future government susceptible to corruption, promoting graft in business.…
USA INCREASES TO 25% ADDITIONAL DUTIES ON CHINESE AUTO PARTS EXPORTS
THE US government has increased its existing 10% additional duties on imports of automotive parts, engines and chassis from China to 25% from today (May 10), citing a lack of progress on ongoing trade talks.
These duties cover a wide range of China-made engines, chassis, and parts, although not assembled vehicles.…
MOTOR VEHICLES SECOND MOST COMMON SUBJECT OF CONSUMER SAFETY ALERTS CIRCULATED BY THE EU LAST YEAR
MOTOR vehicles and their parts were the second most common category of goods reported in safety warnings by consumer regulators in the European Union (EU) last year, according to a new annual report from the EU Safety Gate system. This involves European consumer regulators receiving safety warnings about products, including from auto manufacturers, and circulating these alerts via this central European portal.…
CANADIAN AUTO SECTOR WANTS GOVERNMENT TO BE QUICK TO EXPLAIN EMISSIONS TAX IMPACT ON INDUSTRY
THE CANADIAN auto sector wants the country’s federal government to recycle payments made through its carbon tax system back to Ontario’s automotive manufacturing sector, so it can reduce emissions and related energy costs. Executives want the government to hasten an announcement on how the system will work in detail to enable the industry to plan and mitigate costs.…
GERMANY CHARGES EX VW CHIEF WITH FRAUD OVER DIESELGATE
German prosecutors have charged the former CEO of car giant, Volkswagen, and four other unnamed executives with fraud, unfair competition and breach of trust over their role in the dieselgate scandal that broke in September 2015. It involved European auto makers being caught out deliberately cheating polluting emissions tests.…
COATED, LAMINATED AND PADDED TEXTILES AT FOREFRONT OF INDUSTRY INNOVATION, CONFERENCE HEARS
Coated, laminated and padded textiles play key roles in a vast range of emerging products, with experts explaining at a Berlin conference how the technical textile sector has been continuously developing cutting edge technology to make such materials.
The International Conference on Textile Coating and Laminating (TCL2019), held in mid-March in Berlin, Germany, had a special focus on bedding developments.…
EU EXPANDS TIRE LABELLING REQUIREMENTS TO BOOST VEHICLES’ ENVIRONMENTAL AND SAFETY PERFORMANCE
THE EUROPEAN Union (EU) is trying to use marketing rules to improve the safety and environmental performance of tires that are sold into Europe, with ministers approving a proposal that expands’ manufacturers and retailers’ duties regarding tire labelling.
Under a new regulation backed by the EU Council of Ministers earlier this month (March 4) stickers would have to be fixed to more types of tires and would include more information – the goal being to persuade consumers to not just use cost as a guide to buying tires.…
EGYPT PAINT INDUSTRY EXPANDS, DESPITE WEAK CURRENCY IN INFLATING IMPORTED INPUT COSTS
THE EGYPTIAN economy is still struggling to overcome the problem of low hard currency reserves, a challenge that has negatively affected the local paints and coatings industry due its high dependence on imports.
“There has been a crisis in terms of availability of US dollars to purchase raw materials and most of the raw materials are imported,” said Himanshu Vasisht, project lead for energy and chemicals at India-based market researcher Mordor Intelligence.…
EU INVESTMENT BANK FOCUSES ON DEVELOPING NEW PLASTICS TO LIGHTWEIGHT E-CARS
WITH auto manufacturers looking for ways to light-weight electric and hybrid vehicles, to boost performance and battery life, the European Union (EU) is investing in a Spanish company that is seeking to develop recyclable thermo-plastic alternatives to rubber for auto parts.…
GLOBAL AUTO SECTOR WORRIED OVER POTENTIAL IMPACT OF USA SECTION 232 DUTIES
THE SUBMISSION to the White House by the US Department of Commerce of a report recommending whether and how the USA should impose tariffs on automotive and related parts on national security grounds has provoked significant concern worldwide.
President Donald Trump has 90 days from February 17 (to mid-May) to decide on whether to impose the tariffs under section 232 of the Trade Expansion Act.…