Tag "auto industry"
India: Impact of COVID-19 on adoption of BS-VI norms
On the 1st of April 2020, India adopted the BS-VI emission norms. The move places India in a select group of economies with Euro VI-compliant fuels. However, the move to low sulphur transport fuel is fraught with downside risk given the impact of COVID 19 on the Indian economy. The capital-intensive move by refineries and automobile manufacturers has now moved into a stage where the revival of demand and coordinated price adjustment is essential for cost recovery.
UN report puts German automakers in unfamiliar territory
The German auto industry has at times seemed invincible–but not of late. With the EU moving to curb emissions following the recent UN IPCC report on the acceleration of climate change, and technological advantages in China, Japan, and the US, the Germans find themselves in a surprising place: last.
Book Review: “Janesville” holds lessons for both parties going into midterms
“Janesville: An American Story” is a captivating account of the impact of the economic crisis and local auto plant closure on a whole community. Despite Trump’s promises, these are problems the current administration is nowhere near addressing – but do the Democrats know what needs to be done either?
TPP delayed as US auto makers push for currency clause
As the year’s end deadline for the Trans-Pacific Partnership (TPP) deal nears, US lawmakers press to include a provision on currency manipulation – in part to support US automakers. Including
Japan’s Currency Devaluation Causes Concern
Japan has been in an economic funk since the 1990s. It was at that time that many speculated it would overtake the U.S. as the global economic superpower rather than
