Search Results for: cars

Argentina’s auto industry had expected a near record year in 2018, but unexpected financial problems that have hit the country in the past month could push the economy into recession and dampen local demand for cars. 
These problems are a far cry from the optimism expressed on April 4, when the heads of three carmakers spoke bullishly about production and sales growth at a business conference staged in Buenos Aires by economic consultancy Invecq Consulting. …

TECHNICAL textile markets can be driven and shaped by a range of forces – from natural disasters, to technological change, economic developments and political movements. In the case of the USA, at present, the technical textile market and industry is being moved by all these influences at the same time.…

Unlike the limited range of minerals used in fossil fuel production, many minerals, metallic and nonmetallic, are used in renewable energy technologies. However, production is often low and concentrated in a limited number of countries – creating potential strategic supply problems.…

Enhancing the quality of passenger experience while maintaining maximum security was a recurring theme during the Dubai Airport Show 2018. The annual airport industry event, held from May 7 to 9, drew more than 7,500 visitors.

Covering 15,000 square metres of space across three halls of the iconic Dubai International Convention and Exhibition Centre, its 18^th edition hosted more than 350 exhibitors from 60 countries.…

SWEEPING tax reforms introduced by The Philippines’ President Rodrigo Duterte designed to raise funds for infrastructure improvements, may cool a protracted vehicle sales boom in the country, experts warn.

The first stage of changes under a Tax Reform for Acceleration and Inclusion Law (TRAIN) came into force in January and the resulting higher excise taxes saw sales of passenger cars and commercial vehicles drop by 9.5% and 8% respectively in the first quarter of the year compared to January-March 2017.…

AFTER years of sluggish growth and even contraction, the UK paint and coatings sector is set to rebound this year thanks to a booming domestic automotive manufacturing sector. However, this optimism has yet to be felt across the sector due to uncertainly the industry is facing ahead of Brexit.…

BRAZIL’S automotive industry is awaiting the final details and presidential sanction of a 14-year incentives program called Rota 2030, that will offer up to Brazilian Reals BRL1.5 billion (USD467.4 million) in annual tax credits sector-wide to auto and auto parts manufacturers selling cars in Brazil.…

THE EUROPEAN Union’s (EU) current Bulgarian presidency (January-July 2018) will probably face a tough challenge, when tripartite talks between the European Parliament, member states and the European Commission on electricity market reform begin this spring.

“Since early March, we have been preparing for the ‘trilogues’ [EU jargon for talks between its three main bodies], comparing the [EU] member states’ general approach reached in December with Parliament’s position, so we have documents to work on when trilogues start,” a Council spokesperson told Modern Power Systems, adding “no dates have yet been fixed” for the negotiations.…

THE GROWTH in global renewable energy and electric car markets is already changing the face of the industrial minerals sector and it will continue to shape demand for years to come, a senior Toronto-based industry conference has been told.

Vancouver-based Gianni Kovacevic, CEO of CopperBank Resources, told this year’s Prospectors & Developers Association of Canada (PDAC) convention that mineral resource companies needed to analyse the likely impact of climate change, and how it feeds into energy and transport infrastructure spending and related environmental regulation.…

BRITISH automakers who may be eying lucrative American markets as an alternative to sales that could be lost if the UK quits the European Union (EU) as planned next March (2019) could be disappointed, say experts.

This is despite data released by the UK’s Society of Motor Manufacturers & Traders (SMMT) at the end of January indicating exports of UK-made cars to the US rose by 7% year-on-year in 2017 to almost 210,000 units.…