JAPAN’S INDUSTRIAL OUTPUT IN 2020 DROPPED LOWEST BY 10.1 PERCENT

Highlights –

• Japan’s industrial output in 2020 dropped lowest by 10.1 percent.
• The government’s seasonally adjusted index of output at factories and mines stood at 90.9.
• In December 2020, the index fell 1.6 percent to 93....

JAPAN GOVT. REPORTS THE COUNTRY’S INDUSTRIAL PRODUCTION FLAT IN NOVEMBER

Highlights –

• Japan Govt. reports the country’s industrial production flat in November.
• The seasonally adjusted index of industrial output stayed at 95.2 from the previous month.
• Production in the auto sector fell 4.7 percent due...

CHINA INDICATES REBOUND IN AUTO SECTOR

Highlights:

• There are positive signs that the production of cars will resume in China soon.
• The economists and market players are using China as a barometer to gauge the speed of economic recovery from the pandemic.
• The sales of vehicles in...

Challenges faced by the auto sector in 2019

In terms of job cuts, 2019 turned out to be one of the worst years for automotive staff around the world. Decreasing vehicle sales in the face of predictions of economic slowdown and a tectonic change in automobile development has taken a toll on the automotive industry. As a result, manufacturer...

Finance of India crumbling with the auto sector

The finances in India are a mess as the banks are merging, the major banks are collapsing, big financial institutions are facing huge deficits and the financial sector is slowly collapsing and investors are pulling out from the sectors. The Indian finance scene has also been affected by the fall ...

US automaker collaborates with defense

The auto sector of the United States has made some amazing advancements and progress that has caused many industries to integrate their tech to the auto sector just to gain popularity and take a piece of impeccable reach that the US autos have.

The United States auto major General Motor...