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Philippines auto parts makers seek local content mandate
01 Feb 2025 16:35 GMT
… and attracted major global players. The Philippines … it financially viable for automakers to source components locally. … production costs and attract investors.
“Streamlining customs … more attractive destination for automotive investment,” he said.
The …
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Auto industry leaders hail budget 2025's push for clean mobility and domestic manufacturing
01 Feb 2025 14:00 GMT
… Finance Minister Nirmala Sitharaman, has drawn widespread praise from automotive … Support and Auto Component Manufacturing
The budget … for the auto components sector, which … global skilling partnerships will enable Indian talent to access international …
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Auto industry set for multi-segment growth following budget 2025 provisions, says FADA
01 Feb 2025 14:00 GMT
… positive growth across various automotive segments due to targeted … measures.
Rural demand for automobiles is expected to see … particular attention. With expanded investment and turnover limits, more … of lithium-ion battery components, combined with local …
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Auto Industry Bodies Welcome Union Budget 2025-26, Highlight Growth Potential
01 Feb 2025 14:00 GMT
… and manufacturing support.
The Automotive Component Manufacturers Association (ACMA) … crucial for both auto components and dealerships, received … positive step for technology investments and R&D … wheelers in rural markets.
The auto component industry…
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Union Budget 2025: Top 5 key announcements that may bode well for the auto industry too
01 Feb 2025 10:49 GMT
… of crucial EV related components is crucial for building a … the auto industry, if executed correctly and timely.
Of all that Finance … be set up with an investment of INR 500 crore. … make significant contribution to the automotive industry also. However, the …
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Auto industry braces for Trump announcing Canad…
01 Feb 2025 00:07 GMT
… comment to the American Automotive Policy Council, a … suppliers, claims that auto parts production is the largest … Drive America, shared similar concerns.
“For the auto industry, parts … who heads the American International Automobile Dealers Association.
“ …
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Trump's 25 Percent Tariffs Are Throwing The Auto Industry Into Disarray Before They're Even Here
31 Jan 2025 21:06 GMT
… remains true for the automotive industry. It’s waiting … impact on the auto industry,” S&P Global Mobility said in … auto parts production to the U.S., according to the International … much noise,” Jacobson told investors Tuesday, citing the inauguration …
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A Japan-style game plan to save Europe’s auto industry?
31 Jan 2025 15:26 GMT
… mandatory proportion of European components for all industrial products … by a boom of investment of Japanese carmakers into … the US' total auto industry,” a Japanese participant in … Markets Union? For those unfamiliar with (or uninterested in) EU financial …
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Trump's threat for 25% tariffs on Mexico and Canada is challenging the auto industry
31 Jan 2025 14:01 GMT
… said in an investor note Wednesday.
GM stock
GM did not … massive effect on the global automotive industry and potentially reduce … on the auto industry," S&P Global Mobility said … its auto parts production to the U.S., according to the International …
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Auto Industry Seeks EV Boost, Tax Cuts, and Infrastructure Push in Budget 2025
31 Jan 2025 12:51 GMT
… Finance Minister Nirmala Sitharaman on Feb 11, 2025, the automotive … road safety will aid the auto industry's growth. … industry is also calling for investments in skill development. … technology, and localization of components. These steps will strengthen …