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Search Results for: cars

10 results out of 1077 results found for 'cars'.

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INDIA: BANKNOTES FOR VOTES CORRUPTS BUSINESS ENVIRONMENT

INDIAN authorities have seized more than US$120 million worth of unaccounted cash during the six-week long general election that concluded in May. Law enforcers have warned that this could be for vote buying, making a future government susceptible to corruption, promoting graft in business. Raghavendra Verma reports from New Delhi.

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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NASCENT HYDROGEN CAR MARKET STARTS TO DEVELOP IN EUROPE



THE DEVELOPMENT and use of hydrogen-fuelled automobiles is starting to gather pace in the European Union (EU), with the EU’s executive, the European Commission encouraging growth in this environment-friendly segment as it pursues a goal of achieving a climate-neutral Europe by 2050.…

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SALES OF LARGER PASSENGER VEHICLES IN CANADA CONTINUE TO GROW, BECOMING DOMINANT OVER STANDARD CAR PURCHASES SAYS LATEST DATA



SALES of light trucks – SUVs, CUVs, pick-ups and minivans – are rising in Canada, and the big question is how dominant this segment may become in this north American market. Sales hit 70.9% of the passenger vehicle market according to new 2018 data from Ontario-based DesRosiers Automotive Consultants Inc.…

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MALAYSIAN BUDGET SEEKS TO CONSOLIDATE REFORMS OF NEW PAKATAN HARAPAN GOVERNMENT



MALAYSIA’S Pakatan Harapan government has released its 2020 budget, its second since gaining power in 2018, and one that aims to consolidate reforms undertaken by an administration headed by veteran Prime Minister Dr Mahathir Mohamad. This was not a budget bringing major change, indeed finance minister YB Tuan Lim Guan Eng stressed when delivering his budget speech to the Malaysian parliament on October 11 how the government has been tying up earlier major reforms, such as scrapping the unpopular goods and services tax (GST).…

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CANADIAN AUTO EXPORTS TO EUROPE ON THE RISE



WITH Canadian auto exports to the USA falling in 2018 and the new USMCA trade agreement between the USA, Mexico and Canada still unratified (only Mexico has done so), the Canadian auto sector has been eyeing Europe for overseas sales.

A report from the Canadian government’s chief economist released in June (2019) gave grounds for optimism as regards future EU sales.…

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VIETNAM’S CAR IMPORTS SURGE AS THAILAND, INDONESIA-BASED MANUFACTURING FINALLY COPES WITH RED TAPE – INDICATING MAJOR POTENTIAL AS FUTURE MARKET



A sharp increase in imports of cars into Vietnam has underlined how this south-east Asian country of 96 million people, could become a major auto market, especially as Vietnamese drivers move from motorcycles to cars.

At present, the motorcycle is king in Vietnam.…

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GERMANY TO PROD AUTOMAKERS INTO INVESTING IN BANGLADESH



THE GERMAN government has signalled that it could encourage its luxury carmakers to establish plants in Bangladesh, especially if the south Asian country invests in its energy, power and transport infrastructure.

“We agreed it would be great if a German carmaker would invest in Bangladesh,” Peter Fahrenholtz, German ambassador to Bangladesh tweeted, after a meeting with Bangladeshi finance minister AHM Mustafa Kamal in the capital Dhaka on September 9 (2019).…

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PAKISTAN AUTOMAKERS FACE DECLINE IN SALES BECAUSE OF NEW EXCISE DUTY ON NEW VEHICLE SALES



THE IMPOSITION of excise duties on automobiles sold in Pakistan from July 1 has already had a significant depressing impact on the market. Figures released by the Pakistan Automotive Manufacturers Association (PAMA) indicate that this July (2019), 10,968 cars made by the key Pakistan-based manufacturers owned by Suzuki, Toyota and Honda were sold, well down on the 18,875 sold in July 2018.…

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AUTO DEALERS SERVING CANADIAN INDIGENOUS COMMUNITIES MAY BENEFIT FROM TAX BREAKS, BUT CAN FACE SIGNFICANT DELIVERY AND AFTER-SALES LOGISTICAL CHALLENGES



IT’S no simple business serving Canada’s indigenous community market, even though this includes 1.67 million people. A majority have official residency in 3,100 reserves (the Canadian term for reservation), many of whom live in the far north, where average January and February highs can be minus 21C/minus 6F.…

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WORK ON SAFETY STANDARDS FOR EMERGING AUTONOMOUS VEHICLES IS NEEDED, INTERNATIONAL CONFERENCE TOLD



THE DEVELOPMENT of uniform safety standards to help reduce the number of reputation-damaging accidents occurring as automated vehicles are rolled out commercially is of key importance, a CAV Canada conference (connected and autonomous vehicles) in Canada has been told.

Sasha Ostojic, a board member of California-based autonomous vehicle company Zoox, and a former senior vice president engineering at GM’s Cruise Automation, said of the current American system, where manufacturers are protecting their CAV IP and not sharing safety information: “I truly think this is a problem.…

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