VinFast had announced its plan to enter various international markets, including India, without specifying a timeline or further details.
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INDUSTRY NEWSLatest News
UAW and automakers try to reach deal before strike widens
by Biplab Dasby Biplab DasAnalysts and industry experts are closely monitoring the situation, anticipating the union may expand the strike to additional plants to intensify pressure on the automakers.
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The massive 2 million square feet facility, upon completion, will become the largest gigafactory for producing LFP battery cells in the United States.
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INDUSTRY NEWSLatest News
Turkish President Asks Elon Musk to Consider Building Tesla Factory in Turkey
Elon Musk reportedly acknowledged Turkey’s significance as a potential candidate for Tesla’s next manufacturing facility.
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This strategic move aims to supply engines and other essential components for local motorcycle production.
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The walkouts will disrupt the production of popular models such as the Ford Bronco, Jeep Wrangler, and Chevrolet Colorado pickup truck.
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INDUSTRY NEWSLatest News
Mercedes-Benz G-Class-Inspired Special Edition Watches Unveiled By IWC Schaffhausen
Part of the Swiss watchmaker’s Big Pilot’s Watch collection, the timepieces pay homage to the Mercedes-AMG G 63.
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The strategic alliance aims to provide hassle-free doorstep service for EVs, contributing to a greener future in India’s automotive industry.
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INDUSTRY NEWSLatest News
FADA Urges GST Rate Reduction to Boost Entry-Level Two-Wheeler SalesÂ
by Biplab Dasby Biplab DasThe Federation of Automobile Dealers Associations (FADA) seeks a GST reduction from 28% to 18% on entry-level two-wheelers to revive lagging sales
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If agreements are not reached by the late Thursday deadline, these targeted strikes will represent the first-ever simultaneous labor stoppage at all three Detroit automakers.