Tag: Covid19

Rising costs, tariffs, COVID-19 and Mexico have cut into Chinese imports

by  on  in Car Reviews

Even before being elected, President Donald Trump, here with President Xi Jinping, promised to revisit trade deals with China.

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Even ahead of becoming elected, President Donald Trump, below with President Xi Jinping, promised to revisit trade promotions with China.

A blow-by-blow account of the U.S.-China struggle over imports

June 2016: For the duration of a marketing campaign rally, presumptive Republican presidential nominee Donald Trump decries U.S.-China trade relations and vows to revisit current agreements.

March 2017: Trump, now U.S. president, calls for tighter tariff enforcement and a assessment of U.S. trade deficits.

April 2017: Trump meets with Chinese President Xi Jinping for the 1st time and agrees to a a hundred-working day approach for trade talks.

July 2017:

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F1 driver Sergio Perez is COVID-19 positive, will miss British Grand Prix

by  on  in Car Reviews

SILVERSTONE, England — Mexican Formula A person driver Sergio Perez will skip Sunday’s British Grand Prix right after tests positive for COVID-19, his Racing Place workforce stated on Thursday.

The Canadian-owned outfit stated the 30-calendar year-old, who is the initial driver to take a look at positive given that the pandemic-hit season begun this month, was “bodily very well and in great spirits.”

They stated they planned to substitute him for the race at Silverstone.

With Britain extending the virus isolation period of time to 10 times from 7 on Thursday, Perez also seems to be set to skip the

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Covid-19 to push automakers into a record loss of Rs 10,000 crore in Q1, Auto News, ET Auto

by  on  in Auto Classifieds

Despite the recent gains, auto stocks have also lost sheen among investors in the last 18 months due to weak demand for vehicles.
Despite the current gains, automobile shares have also misplaced sheen among the buyers in the very last eighteen months thanks to weak need for automobiles.

Mumbai: Mentioned Indian auto organizations could publish a cumulative decline of Rs ten,000 crore for the June quarter.

As substantially as Rs seven,000 crore of this is expected to be the consolidated decline of Tata Motors, according to brokerage estimates compiled by ETIG. Maruti Suzuki is projected to publish its very first decline as a mentioned company, whilst Eicher Motors, TVS Motor and Ashok Leyland as well are expected to publish losses in the quarter

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Ashok Leyland postpones launch of project Phoenix due to COVID-19, Auto News, ET Auto

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The Chennai-based company, which was all set to introduce a slew of light commercial vehicles (LCV) under the Phoenix codename during April-May period, now plans to launch this project in the second quarter. (Representational image)
The Chennai-centered business, which was all set to introduce a slew of light-weight business motor vehicles (LCV) underneath the Phoenix codename in the course of April-May perhaps interval, now ideas to start this challenge in the second quarter. (Representational picture)

New Delhi: Hinduja Group flagship Ashok Leyland on Friday claimed it has made the decision to postpone the start of its whole Phoenix challenge because of to the hard company setting appropriate now owing to coronavirus pandemic.

The Chennai-centered business, which was all set to introduce a slew of light-weight business motor vehicles (LCV) underneath the Phoenix codename in the

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Renault India hikes employees’ salary upto 15% despite Covid-19 shock, Auto News, ET Auto

by  on  in Automotive Industry

India has already broken into the top 10 markets for Renault globally and with the exit from China earlier in the year, the stakes on India are set to go up further.
India has now broken into the major ten marketplaces for Renault globally and with the exit from China before in the yr, the stakes on India are established to go up additional.

Mumbai: French auto maker Renault India is incentivizing around 250 staff members with a spend elevate of up to 15% for the latest money yr right after owning bucked the craze in 2019 by getting the solitary organization to register expansion.

The hike for FY-21 is even bigger than FY-20 for RIPL whereby the organization provided a hike of just ten-twelve%~

Regardless of the lockdown drying out

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