Search Results for: cars
10 results out of 1085 results found for 'cars'.
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.…
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).…
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.…
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.…
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).…
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.…
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.…
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.…
ELECTRIFICATION OF SHIPS A KEY STEP IN DELIVERING PARIS CLIMATE COMMITMENTS
Described by environmental campaigners as “the elephant in the COP21 negotiations room” when climate change proposals were agreed in Paris during 2015, today – the electrification of shipping is moving ahead apace.
From inland ferries to cargo barges and cruise ships, vessels are being built or retrofitted with renewable power propulsion sources, curbing the shipping industry’s major emissions.…
CANADIAN GOVERNMENT PLAYS WAIT-AND-SEE ON EMISSIONS RULES, AWAITING WASHINGTON’S LEAD
THE CANADIAN government has told wardsauto that it will wait for the release of a US final rule on federal automotive emissions before making any decisions on whether to follow the lead of the Trump administration on freezing emissions limits or imposing tougher tailpipe rules for Canada.…