A pledge to hold on to “extremely low” interest rates was made by the Bank of Japan (BoJ) and only made a series of small adjustments to its monetary policy. This brought an end to speculations among economists and markets… Read More ›
Month: July 2018
New Range Of Electric Motorbikes And An Electric Bicycle Unveiled By Harley-Davidson
Analysts are calling it the most important and radical change that has been brought into the 115-year-history of Harley Davidson after the struggling motorbike maker unveiled its new and forst ever model of electric motorcycles as well as an electric… Read More ›
Amid Falling UK Sale, SMMT Claims UK Carmakers Not Ready For Brexit
The head of the automotive trade body in UK has warned that the car industry there is not ready for taking on the Brexit challenges. This amidst renewed concerns over cross border trading with the Europe because nine out of… Read More ›
The Only Cause Of Worry For Chinese Economy Is Not The US Trade War
Analysts claim that the economic health of China is in a far worse shape than is suggested by its economic figures even before the economy is to feel the complete impact of US tariffs. A national inflation-adjusted growth rate of… Read More ›
BMW to invest $1.17 billion in a auto plant in Hungary
A home to premium carmakers, the move will strengthen Hungary’s economy. In a strategic move, BMW stated, it will be investing $1.17 billion (1 billion euros) for a new car factory in eastern Hungary. The move is likely to add… Read More ›
Ralf Brandstaetter to be named as VW’s Chief Operating Officer
Ralf Brandstaetter will assume the new role in addition to his existing responsibilities. On Tuesday, German daily Bild reported citing a source familiar with the matter at hand as saying, Volkswagen, Europe’s biggest carmaker, is likely to name Ralf Brandstaetter… Read More ›
Solar panel glut leading to more cost effective installations globally
The glut has not only significantly diluted the impact of Trump’s tariffs but has also led to solar panel makers consolidating and expanding their market footprints through volume rather than margins. In recent weeks, the steep decline in the prices… Read More ›
British auto industry will face significant disruption in case of a cliff-edge Brexit
The Society of Motor Manufacturers and Traders (SMMT) has made it amply clear to the British government that a no-Brexit deal is not an option. On Tuesday, Britain’s automobile industry group made it lucidly clear to the government that a… Read More ›
Alibaba’s Ele.Me Wants Leadership Position In Chinese Online Food Delivery Market
The Chinese food-delivery market is likely to see a direct fight between Chinese e-commerce giant Alibaba and tech giant Tencent. The former is reportedly setting aside hundreds of millions of dollars which it intends to put to use this summer… Read More ›
EU Warned By UK Of Tit-For-Tat Steps On Financial Sector Post Brexit
If the European Union does not change its stance on the City of London after Brexit, then there could be regulations for about 7,000 European-based investment funds which depend on British clients for their cash and profits, warned the UK negotiators… Read More ›
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