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Vehicle outputs and sales in China register a year on year growth by 12.27% and 11.47% respectively
14 MAY 20182MINS

Vehicle outputs and sales in China register a year on year growth by 12.27% and 11.47% respectively

According to the report released by China Association of Automobile Manufacturers (CAAM), the total vehicle outputs and sales in China reached 2.3974 million units and 2.3186 million units, reflecting a year on year growth by 12.27 per cent and 11.47 per cent respectively, while on the other hand,...

Novelis reports increase in net sales in FY 2018 driven by higher shipments of premium products
09 MAY 20183MINS

Novelis reports increase in net sales in FY 2018 driven by higher shipments of premium products

Novelis Inc., the world leader in aluminium rolling and recycling, reported record results for the fourth quarter and fiscal year 2018. The company reported net income of $106 million for the fourth quarter and $635 million for the full year. The increase is driven by its focused strategy to...

Constellium supplies aluminium Auto Body Sheet for new Mercedes-Benz CLS model
03 MAY 20182MINS

Constellium supplies aluminium Auto Body Sheet for new Mercedes-Benz CLS model

Constellium announced that it will be the primary supplier of aluminium Auto Body Sheet for the new Mercedes-Benz CLS model, which was released at the 2017 Los Angeles Auto Show. This four-door coupe entered the market in March 2018. Constellium will provide the coils for the outer trunk lid panels...

Abdul Latif Jameel inks MoU with Kosei for production of aluminium wheels in Saudi Arabia
26 APR 20182MINS

Abdul Latif Jameel inks MoU with Kosei for production of aluminium wheels in Saudi Arabia

Saudi Arabia-based Abdul Latif Jameel has entered into a memorandum of understanding (MoU) with Japanese company Kosei Aluminium to explore production of aluminium wheels and components. MoU will look at the feasibility of a joint venture to manufacture products in Saudi Arabia. The feasibility...

Novelis announces Paul Banks as Plant Manager for New Guthrie, Kentucky Facility
25 APR 20182MINS

Novelis announces Paul Banks as Plant Manager for New Guthrie, Kentucky Facility

Novelis Inc., the world leader in aluminum rolling and recycling, has named Paul Banks as Plant Manager for the recently announced $300 million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. Banks assumes the role of Plant Manager after previously serving as Unit Manager at...

Aluminium price hike may affect Indian automotive industry’s profitability: ICRA estimates
24 APR 20182MINS

Aluminium price hike may affect Indian automotive industry’s profitability: ICRA estimates

The Indian rating agency ICRA estimates that the sudden surge in aluminium price by 30 per cent over the last two weeks owing to US sanctions against Rusal may impact the Indian automotive industry’s profitability and also the profitability of auto component suppliers as well as OEMs in the near...

Demand surged for new-energy vehicles: sales volume significantly up in Q1
12 APR 20182MINS

Demand surged for new-energy vehicles: sales volume significantly up in Q1

Shanghai Metal Market reports that according to China Association of Automobile Manufacturers (CAAM), China’s new-energy vehicles sales ascended more than double this quarter. This is a year-on-year growth as the country has been facing an overall growing demand for new-energy vehicles. In the...

Light-weight aluminium cars expected to curb emissions in Europe
11 APR 20182MINS

Light-weight aluminium cars expected to curb emissions in Europe

After prolonged attempts to bring down the incessant rise of carbon dioxide discharge in the European transport sector, Patrik Ragnarsson of European Aluminium trade body expects the lighter aluminium-built cars to curb the emissions, said himself. While other European Industrial sectors have been...

Trump's 25 per cent duty on imported goods will hamper import of Chinese-assembled cars to the U.S.
06 APR 20182MINS

Trump's 25 per cent duty on imported goods will hamper import of Chinese-assembled cars to the U.S.

According to a Bloomberg report, Trump administration’s 25 per cent duty on about $50 billion worth of imported goods will hamper growing export of Chinese-assembled cars to the U.S. auto market. A small number of Chinese-made cars make way to the U.S. market, but the number has been on the rise....

Sanjeev Gupta's GFG Alliance to manufacture Formula 1-inspired EVs in India and Australia
05 APR 20183MINS

Sanjeev Gupta's GFG Alliance to manufacture Formula 1-inspired EVs in India and Australia

Business tycoon Sanjeev Gupta's GFG Alliance, which has been on an acquisitions spree since 2013 including deals in Europe, the U.S. and Australia for steel mills, aluminium smelters, energy producers and auto- components manufacturers, will build EV plants as part of his venture into the auto...

Aluminium China 2018 marks new industry chapter following positive performance indicators
04 APR 20183MINS

Aluminium China 2018 marks new industry chapter following positive performance indicators

This year’s Aluminium China exhibition and conference in July will provide a platform for China’s rapidly changing and expanding aluminium industry and showcase new state-of-the-art processes and products. Since the launch of the ‘Made in China 2025’ strategy more than two years ago, China has made...

US environmental regulators to set new fuel economy and greenhouse gas emissions standards
03 APR 20183MINS

US environmental regulators to set new fuel economy and greenhouse gas emissions standards

The U.S. Environmental Protection Agency (EPA) released its final determination finding current fuel economy and greenhouse gas emissions standards for light-duty vehicles model years 2022-2025 are not appropriate. US environmental regulators decided that the emissions standards for cars and trucks...

Why Trump's trade threats won't boost foreign automakers in China
01 APR 20184MINS

Why Trump's trade threats won't boost foreign automakers in China

U.S. President Donald Trump is girding for a trade war with China. After slapping tariffs on steel and aluminum imports this month, he announced plans last week to levy tariffs on up to $60 billion (374 billion yuan) of Chinese goods. In retaliation, Beijing said it will impose tariffs on $3...

Aluminium battles with steel over electric vehicle market
29 MAR 20182MINS

Aluminium battles with steel over electric vehicle market

There was a slight drift in the use of metal when the electric carmaker Tesla Inc. decided to use steel instead of aluminium in its first mass-market model last summer. Aluminium has always been the key metal to redress the weights of batteries and increase consumer acceptance for electric...

China Zhongwang Q4 profit jumps on strong sales of automotive aluminium products
27 MAR 20182MINS

China Zhongwang Q4 profit jumps on strong sales of automotive aluminium products

China Zhongwang, world’s leading aluminium extrusions product manufacturer, announced its fourth quarter results. The company’s net profit jumped in the fourth quarter as it ramped up sales of new products for the transportation sector, according to news published by Reuters. China Zhongwang...

Nalco and Almex plan JV for INR 25 billion auto-grade aluminium unit
21 MAR 20181MINS

Nalco and Almex plan JV for INR 25 billion auto-grade aluminium unit

Nalco has firmed up plans to form a joint venture and Ontario (Canada) based Almex at the upcoming Angul Aluminium Park in Odisha for the production of auto-grade aluminium. The unit with INR 25 billion investment will be set up on 50 acres at the park. “Almex has responded to our EoI (Expression...

Asia Pacific automotive wheel market to garner a massive chunk of the global industry over 2017-2024
19 MAR 20184MINS

Asia Pacific automotive wheel market to garner a massive chunk of the global industry over 2017-2024

The escalating development in global automobile sector is poised to generate commendable growth avenues for automotive wheel market in the ensuing years. Automobile producers have been adopting new manufacturing techniques to comply with emission control regulatory norms. Researchers have also been...

Aluminium tariff will push up cars and trucks prices, Toyota says
02 MAR 20181MINS

Aluminium tariff will push up cars and trucks prices, Toyota says

Toyota Motor Corporation said it expects the prices of car and truck to increase in the U.S. due to new tariff on imported products. Toyota said Trump’s decision to impose duties on imported aluminium and steel will adversely impact automakers. The company buys majority of aluminium and steel for...