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- After its meeting on Monday with representatives of the automotive feeding industries companies, the parliament approved postponing the automotive industry strategy indefinitely.A senior parliamentary source at the parliament's Industry Committee said that postponing the negotiations related to the strategy is pending more hearings and discussions with automotive companies and feeding industries.He added that the committee believes in not rushing the law in order to give it more time for review.
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- Not long after Theresa May gave her headline Brexit speech, various automotive industry representatives spoke out about their perspective on the ongoing issue:Mike Hawes, SMMT chief executive, said: "The recognition by the Prime Minister of the importance of single market arrangements for the automotive sector is critical.We need government to deliver a deal which includes participation in the customs union to help safeguard EU trade, trade that is tariff-free and avoids the non-tariff and regulatory barriers that would jeopardise investment, growth and consumer choice.Achieving this will not be easy and we must, at all costs, avoid a cliff-edge and reversion to WTO tariffs, which would threaten the viability of the industry."For its part the National Franchised Dealers Association (NFDA), added: "It is positive to see that the Government has revealed further details regarding its Brexit strategy which will allow businesses to start planning their future.
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- (MENAFN - Muscat Daily) Muscat- The automotive industry hopes that a revival in sales by next year will help it shake off the decline it faced in 2016 as government departments and businesses trimmed spending.Automotive dealers expect to see a bit of a slow start to their business this year before things change for the better by 2018.According to the National Centre for Statistics and Information (NCSI), businesses bought fewer new commercial vehicles as part of cost-cutting measures leading to a drop in registration by 21.5 per cent in the January-November period in 2016 compared to the same period in 2015.
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follow the latest news of" Industry cars" from different sites to most famous technicals /Abdel Razek Al-Shuwekhi by 2017-01-17 at 18:7
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Automotive industry strategy postponed indefinitely
- After its meeting on Monday with representatives of the automotive feeding industries companies, the parliament approved postponing the automotive industry strategy indefinitely.A senior parliamentary source at the parliament's Industry Committee said that postponing the negotiations related to the strategy is pending more hearings and discussions with automotive companies and feeding industries.He added that the committee believes in not rushing the law in order to give it more time for review.
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Automotive industry responds to PM's Brexit speech
- Not long after Theresa May gave her headline Brexit speech, various automotive industry representatives spoke out about their perspective on the ongoing issue:Mike Hawes, SMMT chief executive, said: "The recognition by the Prime Minister of the importance of single market arrangements for the automotive sector is critical.We need government to deliver a deal which includes participation in the customs union to help safeguard EU trade, trade that is tariff-free and avoids the non-tariff and regulatory barriers that would jeopardise investment, growth and consumer choice.Achieving this will not be easy and we must, at all costs, avoid a cliff-edge and reversion to WTO tariffs, which would threaten the viability of the industry."For its part the National Franchised Dealers Association (NFDA), added: "It is positive to see that the Government has revealed further details regarding its Brexit strategy which will allow businesses to start planning their future.
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Automotive industry in Oman hopes for revival in 2018
- (MENAFN - Muscat Daily) Muscat- The automotive industry hopes that a revival in sales by next year will help it shake off the decline it faced in 2016 as government departments and businesses trimmed spending.Automotive dealers expect to see a bit of a slow start to their business this year before things change for the better by 2018.According to the National Centre for Statistics and Information (NCSI), businesses bought fewer new commercial vehicles as part of cost-cutting measures leading to a drop in registration by 21.5 per cent in the January-November period in 2016 compared to the same period in 2015.
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read more visit us industry
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