Across the supply chain of the auto industry, investors are cheering firms who break away from the mold of the combustion engine centered model, which they see as a sunset industry, to that of new age self-driving, autonomous, automated vehicles…. Read More ›
Regulations & Legal
85% North America content in vehicles, an unrealistic target: U.S. Auto industry to Trump Administration
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Hyundai Motor Co gets reprieve following a tentative wage deal with labor union
The development will allow Hyundai Motor to get back on its feet after a sales slump in 2017. On Tuesday, Hyundai Motor Co’s labor union disclosed that its members have agreed to a tentative deal in wages with its management…. Read More ›
Warnings Over Trading Of Cryptocurrencies Issued By Indonesian Central Bank
A possible threat to the sustainability of the financial system and the potential risk of losses to the public and the investors were cited as the reasons for the central bank of Indonesia to issue strong warnings against investors trading… Read More ›
Japan’s SoftBank Group aims to sell its Japanese wireless business to raise at least $18 billion
The SoftBank Group’s proposed $18 billion (2 trillion yen) IPO would mark it as one of the biggest listings by a Japanese company. On Monday, the SoftBank Group Corp disclosed, it is considering an IPO for its Japanese wireless business… Read More ›
Ford to invest $11 billion in next generation car lineup by 2022
With countries, including France, India, UK and China pledging to phase out fossil fuel and combustion engined powered vehicles between 2030 and 2040, carmakers are increasingly focussing their future lineup to tap these big markets. At the Detroit auto show,… Read More ›
Fiat Chrysler Automobiles to shift production of its Ram heavy duty pickup trucks to Warren, Michigan, from Mexico
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Potential South Korea Trading Ban Wipes Off More Than $100 Billion From The Cryptocurrency Market
Following the news that there can be a possible ban on trading of cryptocurrencies in South Korea, there was a major fall in the value of all of the major virtual coins including bitcoin, ripple and etehreum on Thursday. According… Read More ›
Sherpa and ActionAid-Peuples drag Samsung Electronics to court over deceptive marketing practices in France
The complaint comes in the wake of France adopting a law which states that MNCs that sell their products in the country must respect the human rights of its employees as well as their work environment. On Thursday, two rights… Read More ›
South Korea planning to ban cryptocurrency exchanges in the country
The move has widespread geo-political and geo-economic implications, including for its neighbor North Korea which is increasingly banking on such currencies to flush its economy with cash. On Thursday, South Korea’s Justice Minister disclosed that it is preparing a law… Read More ›