Scientists at Oak Ridge National Laboratory have advanced the use of DuAlumin-3D for high-temperature automotive components, opening new possibilities for stronger, lighter 3D-printed aluminium parts in engines and beyond. Aluminium has long been attractive for automotive components because it...
India’s public-sector banks have proposed putting electric vehicles, charging networks, battery-swapping infrastructure and climate-transition projects into a clearer priority-sector lending framework. The plan could direct more formal credit toward the systems needed to scale electric mobility,...
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China’s once-booming car market is slowing down, in part because of escalating trade tensions with the U.S. Auto sales registered a growth of just 3 per cent in 2017, the slowest rate in recent years and a similar growth is forecasted for the current year, according to China Association of...
According to the latest update by Shanghai Metals Market, China’s market of new energy vehicles (NEVs) again saw a growth in July as both output and sales surged from a year ago. In July, production of NEVs stood at 90,000 units, after increasing 53.6 per cent year-on-year and 5.5 per cent from the...
According to a press update from the company on Wednesday, Germany's Trimet Aluminium has completed the sale of its automobile parts unit to China's Bohai Automotive Systems. Trimet decided to spin off its automobile aluminium products business in 2017. In December 2017, TRIMET and Bohai Automotive...
The data from the China Automobile Dealers Association showed that Chinese vehicle imports declined 87 per cent in June YoY to 15,000 vehicles as automakers delayed shipments before tariff cuts on foreign-made vehicles took effect in July. The data from the Association also showed that overall...
Shanxi province in China is about to set up a fund of RMB 4 billion which will be used for the development of the automobile industry. This action plan has been issued by the municipal government this week, according to Shanghai Metals Market. Each city in the province will receive around RMB 120...
The promising results and earnings outlook from Japan’s No. 3 automaker Honda Motor stands in stark in contrast to the bearish forecasts from several other automakers hurt by rising raw material costs due to additional US metal tariffs and possible higher duties on imported vehicles. Resisting the...
On Thursday, July 26, Nissan Motor Co. echoed Detroit’s concerns over material costs hike due to higher aluminium and steel tariffs. Increased prices of the metals on the face of heavy tariffs were the biggest drag on Nissan’s profitability in the first quarter of FY2018-19 ended on June 30. More...
Novelis Inc., the world leader in aluminum rolling and recycling, today announced it has signed a definitive agreement to acquire Aleris Corporation, a global supplier of rolled aluminum products, for approximately $2.6 billion including the assumption of debt. For Novelis, Aleris, and their...
The US automotive industry pleaded President Donald Trump on Thursday, July 19, to reject higher tariffs on vehicle imports, saying that these additional tariffs could cripple domestic manufacturing and cause job loss. The pleas came followed by the European Union’s announcement of preparing a list...
As soon as China’s 25 per cent tariff on US-made cars came into effect on Friday, July 6, German luxury automaker BMW said it would not be able to completely absorb the new tariff and thus, would raise prices on the vehicles it makes in Spartanburg, South Carolina. BMW said it is “currently...
German Chancellor Angela Merkel declared yesterday, July 5, that she would back cutting the European Union tariffs on cars imported from the United States. This she announced in response to the US offer to abandon threatened duties on the EU-assembled imported cars in return for concessions....
The United States President Donald Trump would suspend threats to impose tariffs on imported cars from the European Union provided the bloc removes duties on US cars. The US ambassador to Germany conveyed the message to German car bosses, according to a report by a leading German-language newspaper...
Fiat Chrysler Automobiles, lightweight OEM parts supplier Nemak and Tennessee's Oak Ridge National Laboratory have collaborated to develop a new aluminium alloy for use in turbocharged engines, which is expected to offer better fuel economy. The aluminium-copper-manganese-zirconium alloy (ACMZ) was...
Car companies and parts suppliers are constantly urging the United States not to impose additional tariffs of up to 25 per cent on imported vehicles, saying that this could result in job cuts, loss of investments, and even higher prices. According to the reports by The Guardian, Bloomberg, CNBC,...
An automotive trade group believes that US’ tariff of up to 25 per cent on imported passenger vehicles if imposed, will likely cost domestic consumers US$45 billion annually or US$5800 per vehicle. Gloria Bergquist, the national spokesperson for auto industry on environmental and safety matters,...
According to the State Council, China is going to raise the import duty to 40 per cent on certain cars imported from the United States, with effect from July 6, 2018. The commission of tariffs and customs made this announcement early this week as part of an additional 25 per cent tariff recently...
The US domestic aluminium finished products manufacturers such as automakers and can makers have been in real distress over the past few months on increasing volatile aluminium price range across the world. Series of events like the United States’ tariffs on imported aluminium and steel, followed...
Despite procuring aluminium from sanctions-hit Rusal, a Russian automobile manufacturer Avtovaz is looking for an alternative source in case the need arises. Nicolas Maure, President of AVTOVAZ, said on Saturday, May 26, 2018, that Rusal is by far its largest aluminium supplier and “a good supplier...
