US TO SET STANDARDS FOR AUTOMATIC BREAKING SYSTEMS ON NEW HEAVY TRUCKS

Highlights

• This change was announced by the Department of Transportation, which includes the National Highway Traffic Safety Administration, as it released its spring regulatory agenda.

• The traffic safety regulator had proposed a regulation on automatic emergency...

TAIWAN-US TO DISCUSS SUPPLY CHAINS NEXT WEEK AMID AUTO CHIPS SHORTAGE

Highlights

• The Deputy Assistant Secretary for Trade Policy and Negotiations Matt Murray will represent the US said the State Department

• According to the Taiwan's Economics Ministry, Minister Wang is likely to hold the meeting with the US next Friday 

FIAT CHRYSLER AND PSA ALL SET TO COMPLETE THEIR MERGER

Highlights

• The $52 deal, which was announced in the month of October 2019, got shelved for a year courtesy of the coronavirus pandemic

• According to the reports, shares in Stellantis will start trading in Milan and Paris on Monday, and on Tuesday in New York

U.S. AUTO INSURANCE RATES FINALLY GO DOWN

Highlights

• The Quadrant Information Services database was used by ValuePenguin in order to assess 15 million quotes for drivers across the America

• The report states that auto insurance rates across the country went down by 1.7 percent for 2021

• As...

JOE BIDEN'S CLIMATE PLAN: KEY FOR THE U.S. AUTO INDUSTRY

Highlights

• Biden is likely to implement his policies to step up electric vehicle production, offer incentives for EVs, bring down carbon emissions along with providing jobs in the ailing industry courtesy of the COVID-19 pandemic

• Primary objective of the Joe Bide...

U.S. AUTOMOBILE INDUSTRY FARES WELL IN SEPTEMBER, BUT NOT UP TO THE MARK YET

Highlights

• Automobile companies General Motors, Toyota and Fiat Chrysler reported fall of 10 percent in the auto sales in the third-quarter though this decline was lower than predicted by the industry experts

• Along with a boost from low-interest rates, another fa...

U.S. AUTO INDUSTRY ALL SET FOR A REBOUND

Highlights

• According to automakers, U.S. sales for the month of September is likely to go up and exceed the August rate of 15.2 million vehicles

• Automakers have said that their manufacturing plants are now running at close to full speed in order to re-stock showr...

SHUTDOWN OF CAR PLANTS WILL COST AUTO INDUSTRY OVER $100 BILLION

Highlights

• Auto industry giants like BMW, Toyota, Jaguar and others have already suspended the production of cars

• North American companies like General Motors, Ford have also stopped making cars

• Britain’s car makers would be affected worst ...