Egypt has a clear strategy to localize the auto industry in Egypt, and the current stage is witnessing an increase in the percentage of the local component in the auto industry to 45 percent.
It was a festive week for Renault as EIM, the Sole importer for Renault, wins “Best Practice Digital” and “Best Sales Performance” in the Middle East Region
U.S. President Donald Trump said they had agreed to “work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods.”
The European Union, Japan, Canada, Mexico, along with many automotive trade groups, Volkswagen, and the United Auto Workers union are among those scheduled to testify at the hearing.
French automaker PSA Group posted a 42 percent increase in first-quarter revenue, lifted by its acquisition of Opel-Vauxhall.
China will start a pilot scheme to relax foreign firms' ownership restrictions for new energy and special use vehicles businesses established in free trade zones.
US car sales continued to ebb in June, marking the sixth straight monthly decline
While new car sales have slipped from 2016, robust demand for used vehicles means US car dealerships will still see strong sales this year,
Subsidizing the purchase of electric cars in Canada is an inefficient way to reduce greenhouse gas emissions that is not cost effective,
Tesla said Thursday it was considering the possibility of manufacturing in China as it ramps up for expansion of its line of electric-powered cars.