Search Results for: cars

REMOVING non-tariff-barriers (NTBs) impeding the trade in automobiles, parts and materials between the 10 member countries of the Association of Southeast Asian Nations (ASEAN) is key to unlocking the regional automotive industry’s full potential, experts argue. However, they agree that such moves cannot be achieved without short-term pain.…

Europe’s transition to electric vehicle ownership is developing at two clear speeds, with richer countries headed for mass market penetration in the early to mid 2020s but poorer countries lagging. 

This is posing a regulatory challenge for manufacturers – EV sales have to increase Europe-wide for carmakers to meet tough European Union (EU) CO2 emissions limits.…

THE EUROPEAN automobile manufacturing sector will be hoping that the newly negotiated European Union (EU)-Mercosur trade deal is ratified quickly, given it scraps import duties imposed by Brazil and Argentina on EU automobile exports of 35%.

This agreement has been welcomed by the European Automobile Manufacturers’ Association (ACEA), which noted that the South American trade bloc, which also includes Uruguay and Paraguay, is home to around 270 million people, where 3.3 million new cars were sold during 2018.…

GLOBAL food and beverage company Nestlé’s restructure in the EMENA (Europe, Middle East and North Africa) region, which began in 2017, has delivered improved efficiencies and performance, according to Marco Settembri, Nestlé’s executive vice-president and EMENA zone CEO.

“It’s always a question of evolution,” Mr Settembri told just-food before the opening session of the July 4-5 2^nd European Entrepreneurship Education summit in Lille, northern France,* in which he was to speak.…

Slovenia’s plastic industry has made a virtue out of the nation’s geographical position, located between the markets of central and western Europe and those of the Balkan states and the former Soviet Union. 

Drawing on these geographical – and historical political ties – the sector is geared towards exports, with these accounting for 62% of the value of the plastics industry, according to the Chamber of Commerce and Industry of Slovenia (CCIS).…

Industry forecasts for Italy’s paints and coatings market are expected to remain relatively stable through 2019, mainly sustained by stability in the domestic construction and automotive sectors and continuing sales growth in foreign markets. Data from market research provider Euromonitor International released last December (2018) projected production turnover in Italy to grow by 0.5% in the 2018-2019 period, with an estimated value of just over EUR6.1 billion in 2019.…

THE NEW CO2 standards approved by European Union (EU) legislators for cars, vans and trucks being driven in its territory will lead to more electric vehicles (EVs) and alternative drivetrains including hybrids and fuel cells, experts have told wardsauto.

On April 18, the European Union (EU)’s elected legislative body the European Parliament, approved the first EU regulation on emissions standards for heavy-duty vehicles.…

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.…

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 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.…