April 2, 2014

Automobile news updates -February 2014

   
 D'Well Research ..... Automobile Updates 
   
 Highlights of February 2014 
 
 
 India 
 
  • India set to become top automotive R&D hub.
  • Global automakers look for dream market in rural India.
  • Auto sales in January weaken outlook for 2014.
  • Fuel-sipping cars to roll out.
  • India luxury car market accelerates despite downturn.
  • Novozymes says India biofuel interest doubled.
 
 China 
 
  • In 2013 China produced more than 10 million cars, more than any country in the world.
  • In 2013, vehicle sales in China totalled 21.98 million units, marking the country's fifth straight year as the world's largest auto market.
  • Electric vehicle in China: Moving forward, but not as fast as expected.
  • Chengdu drives auto parts manufacturing.
  • China's automobile sector needs redesign.
  • Govt aims to get larger fleet of alternative-fuel vehicles on road.
  • Chinese media are today reporting that the total number of vehicles on Chinese roads has broken the 250 million barriers for the first time, with 31 cities boasting a vehicle population exceeding one million vehicles.
  • China to Account for 30% of Global Auto Sales by 2020.
 
 Malaysia 
 
  • Malaysia's eco-car ambitions.
  • Matrade promotes Malaysia's aerospace industry players.
  • Malaysian auto insurance hike not a game changer, says Fitch.
  • 'Local auto component manufacturers can compete globally'.
 
 Indonesia 
 
  • Indonesia January Auto Sales Growth Slows to 7 Percent Y/Y.
  • Elections, Demand for Green Cars to Boost Sales in Indonesia.
 
 Philippines 
 
  • The new Lemon Law protects buyers against defective motor vehicles.
  • PH car industry still lagging behind Asean neighbours.
  • PHL vehicle output grows 5% in 2013-ASEAN data.
  • 'One million electric vehicles in PH by 2020'.
 
 Vietnam 
 
  • Ministry issues ban on import of used vehicles.
  • New Market Study Published: Vietnam Autos Report Q2 2014.
 
 



Vol-1, Issue-16
January- 2014
(c) - D'Well Research
 
 









 

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