Imperial Auto in Talks with Kedaara to Sell Stake

Imperial Auto Industries, one of the oldest vehicle elements makers in India, is engaged in discussions with personal equity fund Kedaara Capital Advisors to promote a controlling stake within the organization, said two humans privy to the improvement. The Haryana-based totally Imperial is expected to garner 1,000-1,2 hundred crores from the commercial enterprise. Global consultancy […]

Canadian vehicle components dealer Martinrea posts report results

TORONTO (Reuters) – Canadian car elements supplier Martinrea International said file fourth-area income on Thursday that has been in line with analyst expectancies and introduced “considerable” new contracts ruled by way of demand for lightweight structures. The Vaughan, Ontario-primarily based organization posted fourth-sector income of C$926.15 million ($703.23 million), ahead of the C$889.1 million consensus […]

Share Review: Analyst Price Target Update for Advance Auto Parts, Inc. (NYSE:AAP)

Monitoring some charge target statistics, we’ve noticed that shares of Advance Auto Parts, Inc. (NYSE: AAP) presently have a mean target of $197.75. This wide variety is the consensus target charge averaging estimates supplied by way of analysts polled with the aid of Zacks Research. Sell-aspect analysts have various techniques at their disposal for estimating […]

‘Revenues of auto elements cos to develop 12% over 4 years’

Indian auto elements industry’s sales are expected to grow using 10-12 in keeping with cent among FY18 and FY22, on the back of strong call for cars, higher realizations, and increased content according to the automobile at some stage in length, said senior analysts of score organization ICRA. “Despite all CapEx requirements and pressures due […]

Tariff might harm, now not assist, U.S. Vehicle enterprise

In almost every case, on every occasion a tariff or quota is imposed on imports, that tax is strongly supported via the home industry getting the protecting protect from decrease-priced foreign opposition. But what is ordinary approximately President Trump’s proposed 25 percent vehicle tariff is that most of the domestic vehicle manufacturers don’t need it. […]

E-Commerce Automotive Aftermarket Market Massive Key Growth through Advance Auto Parts, National Automotive Parts Association

What’s riding the E-trade Automotive Aftermarket Market Share? Advance Auto Parts, Amazon Inc., National Automotive Parts Association, Pep Boys, EBay Inc., Alibaba Group, AutoZone Inc., DENSO Corporation, DNABER Auto Parts, Q-Parts 24, and LKQ Corporation This press release turned into orginally disbursed by SBWire Tokyo, Japan — (SBWIRE) — 03/eleven/2019 — “E-commerce Automotive Aftermarket is […]

Scrutinizing Fundamentals: How appropriate are the potentialities of Advance Auto Parts(AAP)

NYSE: AAP]: On March eleventh, 2019, Advance Auto Parts (NYSE: AAP) opened trading at $152.26 and closed at $one hundred fifty-five. Forty-six a proportion. This is a 2.43% increase from the day past’s near $151.77. During the day before today’s buying and selling 1,0.5,982 stocks of Advance Auto Parts (NYSE: AAP) modified palms. Average trading […]

Editorial: New tariff on automobile elements could be horrible

President Donald Trump is still toying with the idea of enforcing steep price lists on vehicles and car parts. In a White House brimming with awful economic thoughts, this would be the worst one yet. Last month, the Commerce Department finished a personal file at the national-protection implications of vehicle imports. If the probe exposed […]

Govt Notifies Phased Import Duty Hike on Electric Passenger Vehicle Parts, Lithium-ion Cells

The government has notified phased increase in fundamental customs responsibility on elements of electric passenger automobiles to be assembled in India to fifteen in keeping with cent from April 2020 and 10 per cent on imported lithium-ion cells by April 2021 to promote domestic manufacturing of EVs. The notification is part of the street map […]

The sum is extra than the auto parts

Linda Hasenfratz is leader govt officer of Linamar, a global car elements and system business enterprise primarily based in Guelph, Ontario. With 28,700 personnel at its 60 flowers around the arena, and 2017 annual income of $6.Five billion Canadian (US$four.9 billion), Linamar is in many ways a prototypical 21st-century production enterprise. It is also a […]