© Nitin Agrawal Budget 2022: What the automotive sector needs The Indian automotive industry awaits some much-needed respite from the 2022 Union Budget, hoping for some crucial policy introductions that can pave the road to its recovery. After coping with the after-effects of BS-VI regulations, followed by COVID’s relentless two-year-long […]
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Cars are parked at used autos platform Kavak in Mexico City, Mexico, August 25, 2020. Picture taken August 25, 2020. REUTERS/Edgard Garrido/Files MEXICO CITY, Oct 19 (Reuters) – Mexico has published a decree to legalize millions of imported used cars, mainly from the United States, a move that was criticized […]
© Reuters. FILE PHOTO: Cars are parked in the courtyard of Skoda Auto’s factory in Mlada Boleslav, Czech Republic, as the company restarts production after shutting downdue to the coronavirus pandemic (COVID-19) . Picture taken in Mlada Boleslav, Czech Republic, Apr PRAGUE (Reuters) – Czech car makers will produce quarter […]
Text size STR/AFP/Getty Images A shortage of semiconductors is delaying automotive production by millions of units around the globe, costing auto makers billions in profits—just as demand is surging after the Covid-19 pandemic. But recent commentary from car and chip makers suggests that there might be a light at the […]