Search Results for: cars
10 results out of 1175 results found for 'cars'.
CANADIAN GOVERNENT CONFIRMS 2035 ZERO EMISSION VEHICLE DEADLINE, BUT INDUSTRY IS SKEPTICAL
The Canadian auto industry has reacted with skepticism to the launch of final zero emission vehicle (ZEV) sales mandates released by its federal government today (Tuesday Dec 20), warning it needed to do more to pump prime demand, especially for electric vehicles (EV) (1).…
UNIFOR MEMBERS BACK STELLANTIS CANADA DEAL
Stellantis members of Canadian autoworkers union Unifor have backed the final D3 Canada agreement secured in this year’s contract negotiation round. This means a three-year deal will now apply to 8,200 workers in Canada until September 2026. The union said 60% of members at Stellantis’ Brampton and Windsor assembly plants; and its Etobicoke Casting Plant – all in Ontario – approved the tentative agreement stuck last Monday (Oct 30).…
PARTS MAKERS WORLDWIDE FACE LOSS OF BUSINESS DURING TRANSITION TO EVs
Auto parts manufacturers worldwide are assessing the impact on their businesses of the shift to electric vehicles (EVs) from internal combustion engines (ICE), given EVs need fewer components, reducing demand. Most assessments say that there are about 20 moving parts in an electric engine, compared to 2,000 in an ICE (1).…
POTENTIAL EU DUTIES ON CHINESE BEV IMPORTS WOULD HIT TESLA, BMW AND RENAULT
Sales in Europe of China-built electric vehicles (EVs), such as Tesla Models 3 and Y, BMW iX3 and Renault Dacia’s Spring, could all be hit if the European Union (EU) slaps proposed countervailing duties on cheap battery electric vehicles (BEV) made in China.…
GREEN BOTCHING COULD HAMPER EV ROLL OUT WARN ENVIRONMENTAL EXPERTS
Governments and major auto companies worldwide are vying to be sustainable transport champions, declaring ambitious goals for a switch to electric and zero-emission vehicles as well as other measures to green up their fleets. But environmentalists say that ‘green-botching’ where environmental measures are being implemented by governments and companies so badly that they undermine their green goals is becoming a real problem.…
CANADA GROWS IN IMPORTANCE AS EXPORT MARKET FOR US AUTOMAKERS
The Canadian automotive import market is becoming an increasingly important to USA-based assemblers, with USD17.2 billion’s worth of American-made cars, SUVs and light trucks sold in Canada in 2022, according to federal government figures issued from Ottawa. That is up from USD14.2 billion in 2021 and higher than pre-Covid-19 sales – USD14.6 billion in 2018 and USD13.8 billion in 2019.…
SINGAPORE CRACKS DOWN ON EXPAT MONEY LAUNDERING RING EXPLOITING ITS BANKS
A group of 10 foreign nationals, all ethnically Chinese, have appeared at Singapore’s State Courts accused of operating a Singapore dollars SGD1 billion (USD738 million) international money laundering ring. The group have all been denied bail in preliminary hearings, following an island-wide set of police raids on August 15 involving more than 400 police officers.…
EV REVOLUTION EXPANDS CANADA AUTO SECTOR BEYOND ONTARIO
Canada’s successful shift towards electric vehicle production is seeing the country’s auto-sector expand from its traditional Ontario base across the country, according to new research. This has been undertaken by non-profits the Trillium Network for Advanced Manufacturing, (which raises public and investor awareness), and Accelerate, an alliance of mining, batteries, fuel cells, R&D, the public sector, Indigenous peoples’ interests, labour, vehicle manufacturing and infrastructure groups.…
GROWTH IN ELECTRIC VEHICLES SALES IS PROMPTING INNOVATION IN AUTOMOTIVE ADHESIVES
While traditional benefits delivered by adhesives in the automotive industry – lightweighting and the ability to bond diverse substrates – remain a constant, the relentless evolution of the battery electric vehicle (BEV), is driving innovation in the segment, manufacturers and market analysts agree.…
NIGERIAN’S ASSETS CONFISCATED A DECADE AFTER CONVICTION
A Nigerian politician convicted of corruption over a decade ago has finally seen the GBP101.5 million (USD130 million) he laundered into the UK confiscated by Southwark Crown Court in London. The former governor of Nigeria’s oil-rich Delta state, James Ibori, had been convicted on 10 counts of money laundering and conspiracy to defraud the Nigerian state and its people in the UK during February 2012.…