Day: May 16, 2020

COVID-19 lockdown literally stopped India’s entire population from buying vehicles

Talk about discipline. The Indian government’s massive lockdown plan has been so successful in India that not one–as in zero–of its 1.3 billion population bought a single vehicle in the country for the entire month of April. 

According to Business Today, this is the first time that the India’s “US$120-billion automobile industry registered an unprecedented zero sales in the domestic market in the month of April”.

And while there were a number of exports and tractor sales that were registered during the lockdown — such as Mahindra, which exported around 56 units of tractors and sold 4,716 units last April, these figures are not included in the scope of the lockdown because tractors are considered an essential component needed in “agricultural activity.” 

Prime Minister of India

According to the Society of Indian Automobile Manufacturers (SIAM) car makers has been losing an average revenue loss of Rs 2,300

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Prost says “stupid” electric obsession leaves F1 in tough spot

As a number of governments plan to outlaw the sale of petrol/diesel and hybrid cars from 2040 at the latest, Prost has questioned the political motives behind those efforts which he thinks will achieve little in reducing carbon emissions.

And with the costs of forcing car manufacturers to go electric putting their finances under pressure – with Honda this week admitting that the price of electrification had put question marks over its F1 future – Prost is unhappy about where things are heading.

“I am really upset about what I can see today with the automobile industry,” said Prost, when asked by for his views on the impact of the push by governments to force car makers to go electric.

“We are going to give everything to the Chinese [automotive industry] where in 10 years’ time, they are going to introduce their cars here – and that is

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Walter Reuther’s family says of the UAW icon: ‘He never sold out.’

Walter Reuther is known as the man who gave birth to the UAW, helped create the middle class and fought for civil rights.

He often paid a price for it. He was beaten senseless by company thugs on an overpass near Ford’s River Rouge Plant in 1937 for handing out flyers. He also survived two assassination attempts.

But he introduced the notion of profit-sharing to factory workers and was a noted civil rights leader, even standing alongside Martin Luther King Jr. during the famous 1963 “I Have a Dream” speech in Washington, D.C. 

“His philosophy was ‘I am my brother’s keeper’ and we’re all here to help each other out, the goal is not to make a lot of money,” Bruce Dickmeyer, Reuther’s son-in-law, told the Free Press. “He never made more than $31,000, even when presidents of smaller unions were making over $100,000.”

Dickmeyer is married to Reuther’s daughter … Read More

Carmaker Kia closes Algeria assembly line over supply disruptions

Algiers (AFP) – South Korean carmaker Kia will shut down its assembly line in Algeria from Sunday due to supply chain disruptions after authorities imposed a ban on the import of spare parts.

“Work will be interrupted from May 17” at the factory in the town of Batna, northeast of the capital Algiers, according to an internal company message published by employees on Facebook this week.

Around 1,200 people were employed at Batna, where production was launched in 2018 with a reported capacity of around 50,000 vehicles, although not more than 10,000 were ultimately assembled there.

There was no immediate confirmation from the company.

The decision to halt production comes after the government announced on Sunday it would indefinitely ban the import of spare parts used in assembly lines.

The ban was expected to deal a heavy blow to Algeria’s nascent automobile industry, which revolved around the “semi knocked-down” or

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