Competition in the nascent electric vehicle (EV) market continues to grow, but a limiting factor in sales is perhaps the most obvious: cost. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook MetalMiner’s Stuart Burns recently wrote about Chinese automaker Great Wall’s Ora R1, which could sell for under $9,000 (aided […]
Category: Automotive
Indian Government Forecasts Up to $10B in Auto Sector Investment by 2023
In a late December report, the Indian government said it forecast the Indian automotive sector to attract between U.S. $8 billion and $10 billion in local and foreign investment by 2023. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook The Year End Review 2018 by the Ministry of Heavy Industries […]
A Shaky Start to the New Year
It is not just the stock market that is having a wobble — firms are asking if now is the right time to be investing in new capacity or raising production. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook 2018 was a stellar year for the U.S. jobs market, but […]
Week in Review: E.U. Steel Quotas, an Automotive Alliance and Brexit Drama
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, President Donald Trump and Prime Minister Narendra Modi chatted about U.S.-India trade relations. Stuart […]
Joining Forces: Ford, Volkswagen Announce New Alliance
It’s a new world across all industries, as companies grapple with changing consumer tastes, ever-shifting market conditions and new technological developments. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Of course, the automotive industry is no different, as automakers strive to adapt to the electric vehicle (EV) wave while simultaneously […]
Week in Review: Palladium Demand, Falling Metals Prices and the E.U.’s Imminent Vote on Steel Quotas
Before we head into the weekend, let’s take a look back at the week that was and some of the stories here on MetalMiner: Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Taras Berezowsky covered China’s crackdown on illegal rare-earth element mining. Demand for palladium could continue to surge in […]
Automotive MMI Falls to 17-Month Low as Producers Pray for China Rebound
The Automotive Monthly Metals Index (MMI) fell 3.2% to a value of 92 this month, its lowest level in 17 months. After riding high during mid-2017, above the baseline of 100, the Automotive MMI sub-index — tracking a basket of industrial metals and materials crucial to the automotive sector — has been in a continued overall […]
This Morning in Metals: Aluminum Falls to 16-Month Low
This morning in metals news, the aluminum price slides to a 16-month low, Liberty House could be looking to expand its presence in the Middle East and the mid-February deadline for the Section 232 auto investigation draws nearer. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Liberty House Continues on […]
China to Cut Tariffs on Imported U.S.-Made Automobiles
The issue of automotive tariffs has often been cited by President Donald Trump and others in his administration when framing the the U.S.’s trade relationship with other countries. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Earlier this month, on the heels of the Group of 20 (G20) summit meeting […]
Automotive MMI: Politicians Pan GM Plant Closures, Workforce Reduction
The Automotive Monthly Metals Index (MMI) picked up one point for a December MMI reading of 95. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook U.S. Sales General Motors reports sales numbers on a quarterly basis, rather than a monthly basis. The automaker reported sales fell 11% year over year in […]
