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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Suri said the pace of reduction of imports in the last two years has been nearly double of that targeted by the industry at about 6%. lakh crore in FY22.

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. Tesla will suspend production at its Fremont plant on 23 March.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. Alan Morgan Current Profession: Director of Business and Market Development (Solar) How will you add value to the EAA Board?

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Constellium to open Mexico plant for automotive aluminum structural components

Green Car Congress

This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding auto industry in Mexico. The facility is expected to start production in 2018. Constellium generated €5.2

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FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

Fiat Chrysler Automobiles N.V. Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America. The combined business would sell approximately 8.7 million vehicles annually.

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Honda to step up its game with new electric motorcycles and EVs

Teslarati

With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general auto industry. Battery electric vehicles (BEVs) are particularly making strides in the global automobile business. The e:N SUV xù concept model was unveiled at Auto Shanghai this month.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. Alan Morgan Current Profession: Director of Business and Market Development (Solar) How will you add value to the EAA Board?