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    GM slashes earnings forecast as US labour strike hits production

    30 Oct 2019

    General Motors (GM) slashed its earnings forecast for 2019, saying that a 40-day US labour strike by the United Auto Workers (UAW) union that brought virtually all of its North American

    Global auto market expects sales to rebound during current year

    04 Jan 2021

    Strong growth forecast for global auto sales in 2021 with Europe strongest, barring anything unexpected. South Korea’s Hyundai Motor Co and affiliate Kia Motors Corp on Monday forecast combined global vehicle sales will jump 11.5 per cent in 2021

    Automakers expect delay in decision on import tariffs

    13 Nov 2019

    Major automakers think US President Donald Trump will again this week push back a self-imposed deadline on whether to put up to 25% tariffs on national security grounds

    India’s auto sales in downturn

    27 Jul 2019

    The Central government might soon call a meeting with automobile industry stake-holders to discuss measures to arrest the continuous decline in the sector’s sales, sources privy to the development said.

    Japan’s exports decline for ninth straight month on weak demand

    18 Sep 2019

    Japan’s exports slipped for a ninth straight month in August as international trade tensions ramped up risks for the world’s third-largest economy, although the decline was slightly

    Japan says US curbs on auto imports would hurt global economy

    22 May 2019

    Japan’s top government spokesman said on Wednesday that auto import restrictions by Washington would adversely affect the US and global economies.

    Profit jumps at PSA ahead of Fiat merger programme

    26 Feb 2020

    Peugeot maker PSA Group has weathered the weaknesses in the automobile sector and able to register remarkable results. Besides, its merger partner Fiat Chrysler

    UAE China Tyre & Auto Parts Expo inaugurated in Sharjah

    29 May 2023

    The second edition of the UAE China Tyre & Auto Parts Expo, supported by the Sharjah Chamber of Commerce and Industry and organised by Inter-Commerce Expo,

    Japanese automakers raise profit forecast on rising China demand

    06 Nov 2020

    Major Japanese automakers have raised their profit forecast as demand for vehicles from China rose after the slump due to coronavirus pandemic. Toyota Motor Corporation more than doubled its full-year operating profit

    Toyota unfazed by chip shortage

    12 May 2021

    Toyota Motor Corp forecast its profit would bounce back to pre-pandemic levels this year, as the world’s biggest automaker exuded confidence it can tackle a global chip shortage that has stung its rivals. Japan’s top automaker, which has been stockpiling the

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