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Kumar Rakesh says: " While the market share of individual companies may have changed materially, pace of increase in the total share of the current top four companies has significantly slowed down in the recent months. That suggests to us that the bulk of the consolidation of the e2W industry is done. "
BS VII: In the global trend of increasingly stringent emission norms, Euro 7, proposed for enforcement starting July 2025, may set a new record. India has been following Europe for its emission regulations. In this exclusive interview, President, ECMA (an industry Body exclusively for emission control technology suppliers in India), and Head – Commercial, BASF Catalysts India, Harindranath Revanur, discusses with ETAuto’s Sumantra Bibhuti Barooah about BSVII, how easy or challenging the shift could be, and the growing scope of ECMA.
Vehicle price hikes to limit impact of rising costs for auto OEMs: Ind-Ra ANI | Updated: Feb 20, 2021 16:47 IST Mumbai (Maharashtra) [India], February 20 (ANI): Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit from recent price hikes over the medium term as input prices normalise, according to India Ratings and Research (Ind-Ra). The reduction in steel import duty under the Union Budget 2021-22 proposal will not have any material impact on commodity prices ...
Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit from recent price hikes over the medium term as input prices normalise, according to India Ratings and Research (Ind-Ra). The reduction in steel import duty under the Union Budget 2021-22 proposal will not have any material impact on commodity prices as domestic steel prices, despite being at peak levels, are still below the landed import prices. In terms of value, metals cost directly account for 8 to 16 per cent of revenues on parts like body, ...
Consequences people need to understand that the workers will get some pay. it will be $250 a week they've got mortgages, they've got car loans to pay they've got to put food on the table but they feel this strongly about how they've been treated. they are prepared to stay out. general motors has got to invest capital to make sure they're staying at the forefront of innovation and technology. we want all three auto oems to be strong american companies but how do we do that so the worker is treated like part of the team how do we address these issues what do we need to be doing in washington to ...