Automotive sector

Nissan to cut 160 jobs as auto challenges continue

Car maker Nissan has confirmed 160 jobs are at risk at its Sunderland plant as part of a global restructuring plan. The auto giant said the positions in the consultation are all office-based – and represent around 17% of its 900 office workers. No employee in the production line is affected. A consultation process was […]

Automotive sector

Nikunj Sanghi, Auto News, ET Auto

By Abhishek Sahu Amid the ongoing Covid-19 pandemic, Narendra Modi’s government is preparing to present the next Union budget in just over a week. India’s goal of becoming self-reliant and having a $ 5,000 billion economy will depend very much on the education and skill level of its citizens. “Currently, there is a mismatch in […]

Automotive sector

2021-22 Budget Wish List: Here Are The Key Challenges For The Automotive Sector

Main challenges Sustained recovery in market demand: The market has shown green shoots of recovery with strong growth at T3FY21. Timely relaunch of the NBFC sector: The sector represents a significant portion of retail financing and is essential for driving sales in the commercial vehicle segment. Currently, this sector is in great difficulty with high […]

Automotive sector

PLI Program to Boost Automotive Manufacturing and Growth – AutoLogue by Ashok Minda

The indispensable production incentive program (PLI) for sectors such as automotive, white goods, pharmaceuticals, textiles, telecommunications and networking, high efficiency photovoltaic solar modules, steel Special, air conditioners and LEDs is a welcome step as it will strengthen the entire manufacturing ecosystem and support the vision of making India a US $ 5,000 billion economy by […]

Automotive engineering

Insights on Outsourcing Automotive Engineering Services

Dublin, January 15, 2021 (GLOBE NEWSWIRE) – The report “Global Automotive Engineering Services Outsourcing Market Analysis 2020” has been added to offer. The global automotive engineering services outsourcing market is expected to reach $ 324.78 billion by 2026, with a CAGR of 25.7% from 2019 to 2026. Automotive engineering is also known as automotive […]

Automotive technology

World’s First Automotive Infrastructure Technology Lab Celebrates First Anniversary; Announces the creation of the iATL partner alliance

ALPHARETTA, Georgia – (COMMERCIAL THREAD) – The first tech lab bringing together automotive manufacturers, cellular network operators, traffic technology companies, semiconductor manufacturers and transport ministries to develop connected vehicle applications marked its first year of functioning. The Infrastructure Automotive Technology Laboratory (iATL ™) opened on January 10, 2020 before the COVID pandemic, but quickly adapted […]