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Remove obstacles for 'Make in India' to happen: Global auto companies

2014-09-13 05:31:10| Automakers - Topix.net

Global auto majors, including General Motors and Honda, today said the government should remove 'obstacles' and make policies more business friendly if India has to successfully achieve Prime Minister Narendra Modi's 'Make In India' goal. They highlighted issues, ranging from difficulty in getting business permits to taxation, infrastructure and logistics, which they said are acting as 'obstacles' in the growth of the auto industry here.

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Do Self-Driving Cars Spell Doom for Auto Insurers?

2014-09-13 04:50:52| AutomotiveDigest.com - Automotive Industry News

The self-driving car seems like a terrible drivers dream: no steering wheel to control, no trouble parallel parking, no concerns about having a couple of beers on the way home from work. But the removal of fallible human drivers might create havoc for auto insurers. Human error accounts for 90 percent of road accidents, according to the International Organization for Road Accident Prevention, and our collective failure rate helps the auto insurance industry rake in a cool $157 billion in premiums each year. So if self-driving cars eliminate all those driver mistakes, the business of insuring vehicles will necessarily change as well. READ MORE about likely changes The Article Do Self-Driving Cars Spell Doom for Auto Insurers? appeared first on Automotive Digest.

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Sept. 10, 2014 - Scrap Metal Services Buys 360 Degree Metal Recyclings Auto Shredding Unit

2014-09-12 22:06:00| Waste Age

Scrap Metal Services LLC (SMS) has acquired the auto shredding operation of 360 Degree Metal Recycling Inc. and full-service scrap yard in New Carlisle, Ind., for an undisclosed amount. read more

Tags: services auto unit metal

 

US retail sales rise in August on auto sales

2014-09-12 19:03:37| Auto Dealers - Topix.net

Auto buying drove U.S. retail sales higher in August, a possible sign that job growth in recent months has led to accelerated consumer spending. The Commerce Department said Friday that seasonally adjusted retail sales rose 0.6 percent compared with the prior month.

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US Retail Sales Rise in August on Auto Sales

2014-09-12 14:50:48| Auto Dealers - Topix.net

Auto buying drove U.S. retail sales higher in August, a possible sign that steady job growth in recent months is leading to accelerated consumer spending. The Commerce Department says seasonally adjusted retail sales rose 0.6 percent compared with the prior month.

Tags: august auto sales retail

 

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