GUMTREE MOTORS TO OFFER UK CUSTOMERS ONLINE SERVICE HUB

Highlights:

• The company Gumtree Motors will now offer the car buyers of United Kingdom an online advise hub
• The Gumtree Motors have launched the online hub for helping the customers to navigate the car buying process

The EBay Motor G...

CAR INDUSTRY OF UNITED KINGDOM HAS WELCOMED THE TARIFF-FREE POST-BREXIT TRADE DEAL

Highlights:

• The car industry of the United Kingdom has welcomed the post-Brexit trade agreement between the European Union and United Kingdom
• The trade deal is all set for avoiding the introduction of the tariffs on the parts of the cars and cars
...

JAPAN’S EXPORTS FELL IN NOVEMBER TO $59 BILLION FOR THE 24TH MONTH

Highlights –

• Japan's exports fell in November to $59 billion for the 24th month.
• Shipments of diesel to Australia and cars to Europe and the Middle East remained sluggish.
• Exports of cars and auto parts shrank by 3.0 percent and ...

BOJ SURVEY SHOWS BUSINESS SENTIMENT IMPROVES FOR THE 2ND QUARTER IN DECEMBER

Highlights –

• BOJ survey shows business sentiment improves for the 2nd quarter in December.
• The survey however is pessimistic due to rising COVID-19 cases in the country and otherwise.
• The index for large nonmanufacturers rose to minus...

CAR SECTOR IN UNITED KINGDOM LAUNCHED A SCHEME TO BACK STRUGGLING SUPPLIERS AMID COVID-19 PANDEMIC

Highlights:

• The Automobile Sector or the Car Sector in the United Kingdom has launched a scheme which has been backed by the government
• The scheme is launched by the government and the car industry of the United Kingdom for supporting the struggling s...

EUROPE: TESLA WARNS ON THE CHALLENGES BEFORE SPEEDING UP PRODUCTION

Highlights:

• The CEO of Tesla has given the warning about the up coming difficulties of speeding up the production
• The extreme difficulty in speeding up the production of the new technology is not well understood by the company

Elon M...

UK AUTOMOBILE INDUSTRY AT RISK; LOSS OF JOBS

Highlights –

• The UK car industry is bound to a loss this month due to the pandemic.
• More than 6,000 jobs have been lost.
• The industry is concerned about securing a trade deal with the EU.
• With the ease in lockdown showrooms...

GERMAN CAR MANUFACTURING INDUSTRY FACES SEVERE EFFECTS OF CORONAVIRUS CRISIS

Highlights

• The sector supports thousands of jobs in Germany
• The exports are vital to the country’s economy

Germany’s car manufacturing industry is emerging from a severely critical period of lockdown. Its production has h...

Tariffs might hurt Korea

Korean carmakers are doing pretty good all over the world, and the major names like Hyundai, Kia, and General Motors Korea are the key companies that have been making a name for the auto industry of the nation. GM Korea has been a major exporter of the automobile in the United States and is heavi...

New auction to show the love of cars of the US

The love for cars in the United States is immense, and the nation has not seen a decline in the sales of automotive even when the world is struggling in the auto sector. The love for cars in America has always been on the rising trend, and the auctions of cars have been proof of how much the Amer...

Benz sales increases

Korea has been a prominent name in the auto industry despite its small size and relatively unknown name in the global markets. It is the home o some of the most prestigious carmakers like Hyundai and Kia. The auto sector is quite influential given that it's only a third of the Japanese car in...