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AUTO INDUSTRY RESTRUCTURING
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal MindaIndia's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good ...
- US stock market jumps sharply today as Dow Jones reclaims 50,000 — Why the Dow, S&P 500 and Nasdaq are all in green after U.S.-China trade summit boostUS stock market jumps sharply today as the Dow Jones, S&P 500 and Nasdaq rally on renewed optimism from the U.S.-China trade summit and boo...
- ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
- Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...
- Ferrari eyes faster India expansion on back of EU-India FTA boostFerrari anticipates accelerated growth in India, driven by a significant reduction in import duties following the EU FTA. The company is en...
- EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRIIndia's exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Bord...
- Trump, tariffs and turmoil: How one factory in China learned to live with itAmerican tariffs aimed to disrupt Chinese manufacturing. However, companies like Agilian Technology found China's production capabilities h...
- Bajaj Auto unit gets regulatory nod in Austria to take control over Pierer Mobility AGBajaj Auto's subsidiary has received approval from the Austrian Takeover Commission. This allows for the acquisition of Pierer Mobility AG,...
- Bajaj Auto says Netherlands-based arm in talks to participate in KTM AG restructuringBajaj Auto is considering involvement in the restructuring of KTM AG. Bajaj Auto International Holdings BV is in negotiations. This follows...
- Auto component makers performance likely to remain subdued in September quarter: IcraThe auto component industry was already impacted by muted demand in FY2020, with the industry witnessing 16 months of decline in volumes pr...
- Latest GM measures, an important step: White HouseNew GM cost-cutting measures including restructuring 27 billion dollars in debt by offering a swap of common stock for bonds mark "an impor...
- Latest GM measures 'an important step:' White HouseNew GM cost-cutting measures including restructuring 27 billion dollars in debt by offering a swap of common stock for bonds mark "an impor...
- Canada rejects GM, Chrysler restructuring plansCanada's govt rejected the restructuring plans of General Motors and Chrysler, agreeing with Washington that they do not go far enough to e...
- Auto task force begins review of GM, Chrysler's plansThe Auto task Force, set up by the US President Barack Obama on Friday, started reviewing the restructuring proposals by the two American a...
- US automakers grab loans, look to Obama White HouseBush gave the automakers $17.4 bn in emergency rescue loans, but the fate of the industry is in the hands of Obama. Funding studies | Finan...
- US House OKs $14 bn auto bill, but it's still in perilA $14 billion rescue package for the nation's imperiled auto industry sped to approval in the U.S. House Wednesday night, but the emergency...
- 'Car czar' may oversee auto industry restructuringA federal "car czar" would oversee a government-run restructuring of US auto companies in return for a $15 bn bailout of the beleaguered in...
- US Congress sends White House auto aid proposalCongressional Democrats have sent the White House a draft of a roughly $15 billion auto bailout that's expected to come to a vote this week.
- Board could oversee US auto bailoutA bailout plan for the failing US auto industry could include a Cabinet-level oversight board and a provision to withdraw the money if the ...
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