In a statement Anish Shah, the CEO of Indian auto major Mahindra and Mahindra group said, it will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio. While earlier Mahindra had focussed on developing EV components… Read More ›
Exports from South Korea have grown consistently across 4 quarters, posting a double digit growth in June, propelled by a strong economic recovery in major markets globally and continued strong demand for memory chips and automobiles. In June, South Korean… Read More ›
On Wednesday, Subaru Corp raised its operating profit outlook by more than $1.05 billion following a more than expected rebounce in U.S. vehicle sale. Like its peers, Subaru, had to shutter its U.S. plants earlier this year because of the… Read More ›
With the 2020 elections coming up, Trump is under pressure to deliver to his constituents in key swing states; these are the voters who ensured he became President. U.S. President Donald Trump as well as Japanese Prime Minister Shinzo Abe… Read More ›
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
The head of the European Commission, Jean-Claude Juncker, stated, he had a deal with U.S. President Donald Trump which ensures that Washington will not impose tariffs on EU car exports to the U.S. for the time being. In a clear… Read More ›
Trump’s has secured a 90 day cease-fire with China which allows negotiators 90 days to bring about “structural changes” to China’s policies on intellectual property protection, technology transfers, services and agriculture, cyber theft, non-tariff barriers and cyber intrusions. U.S. President… Read More ›
A significant chunk of this investment will be channelized towards developing electric and hybrid cars. Fiat Chrysler has pledged to spend at least $5.7 billion (5 billion euros) on developing new models, including engines, in Italy between 2019 to 2021;… Read More ›
With the entry of Europe’s largest carmaker in the United States, the electric vehicle segment in the country is set to heat up. In a strategic development, Scott Keogh, the newly appointed CEO of Volkswagen Group of America stated, Volkswagen… Read More ›
The development comes just days before U.S. President Donald Trump is set to meet his Chinese counterpart in Buenos Aires. The outcome of the meet could either ease or worsen the growing trade war. Robert Lighthizer, the U.S. Trade Representative,… Read More ›
manageria.biz 