Search Results for: cars

International politics and trade relations are set to influence the medium-term future of the US paint and coatings industry, analysts have predicted, highlighting a generally positive outlook with certain caveats.

USA PAINT AND COATINGS SECTOR EXPECTED TO GROW, IF TRUMP DOES NOT TORPEDO TRADE POLICY

The state of the economy and its knock-on effect to the construction and manufacturing sectors (the World Bank is forecasting 2.2% GDP growth for the USA in 2017), is encouraging for paint and coatings producers.…

THE TRADE deal announced by the European Union (EU) and Japanese on July 6 that would cut tariffs and harmonise technical regulations has been welcomed by Japan and EU auto-makers – although the Europeans are expressing caution.

Brussels and Tokyo said they had stuck a “political agreement in principle” for an economic partnership agreement, that would phase out vehicle tariffs over seven years and bring regulatory convergence through a special auto annex. …

EUROPEAN Union (EU) lawmakers are calling for a seismic shift towards low carbon mobility in the auto sector, including requiring manufacturers to meet a 25% minimum fleet quota for electric vehicles by 2025 and a sales ban on cars emitting carbon dioxide (CO2) by 2035. …

PAKISTAN’S ministry of industries and production has granted Category-A Greenfield investment status to four automobile manufacturing investors to set up manufacturing plants – effectively greenlighting their projects to establish auto-making plants in the country.

Shah Jahan Shah, spokesperson for Pakistan’s ministry of industries and production said he ministry had signed an agreement with these July 17 (2017).…

THE BURGEONING automotive manufacturing sector of central Europe’s Slovakia is paying close attention to an inquiry by the European Union (EU) executive, the European Commission, into how its government supports the sector. The upcoming decision by the Commission, which has powers to ensure national governments do not distort the EU’s single market by subsidising local industrial champions, could have significant implication for the future of Slovakia’s auto sector.…

A Taiwan-listed, Hong Kong-based electric vehicle startup – Thunder Power – today (Friday) proclaimed an ambitious goal for the future – to make the most desirable EV in China.

“An obvious difference between us and Tesla is we have the key technologies before actually investing in manufacturing,” Wellen Sham, Thunder Power CEO, told wardsauto at a launch event in Shanghai.…

EUROPE’S nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry.

As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…

While South Korea has not yet ratified the UN’s Paris Agreement dealing with greenhouse gas emissions, its important automobile industry has been making serious commitments to green practices, including the transition from solvent-based to waterborne coatings.

According to New Jersey, US-based coatings consulting firm Kusumgar, Nerlfi & Growney, the South Korean passenger car and light vehicle coating market involved supplies of 60,000 tonnes in 2016, and these are becoming increasingly environment-friendly: about one-quarter of basecoats sold are now waterborne.…

VIETNAM is working hard to develop an upstream parts manufacturing base, but this goal is proving hard to achieve and meanwhile, regional liberalization through the Association of Southeast Asian Nations (ASEAN) is threatening the country’s auto assembly segment.

In many ways, it is crunch time for Vietnam’s auto sector.…

European Union (EU) member states have pushed back against more centralised control of type approvals by the bloc’s executive European Commission in a vote yesterday (Monday, May 29) in Brussels. The EU Council of Ministers, which represents EU governments, instead approved a “general approach” of principles, which would beef up cooperation between national authorities – but not give the Commission more power.…