'This is madness': Auto industry warns U.S. lawmakers of dire tariff consequences

ADVERTISEMENTSome of the loudest voices came from the American auto industry — the companies and workers that the levies are ostensibly trying to protect. Representatives from American car makers were uncharacteristically united this week, showing up in Washington, D.C., to voice their opposition to car imports. That's because American companies and consumers would bear the brunt of the punishment if the tariffs come to pass. A look at some of the numbers behind Canada's car industry and how much tariffs would hurt. Vaughan, Ont.-based Martinrea makes auto parts, and the company components cross the border several times between plants in the U.S. and Canada.

SIAM's Automotive Logistics Conclave starts today; invites industry to discuss growth and challenges, Auto News, ET Auto

Automobile Industry will contribute towards 12 percent of country's total GDP along with its contribution in government's Make in India initiative. A Special Logistics Secretariat under the Ministry of Commerce, which is a nodal agency which will make sure that it resolves issues for logistics. The number of rakes load have gone up to 933 during last year from 427 in 2013-14. But there are problems like huge transit time and multiple handling which needs to be worked out. The government is working out on expanding both the western and the eastern coastal for shipping more goods," said Krishnamoorthy.

Benin Auto Park : Obaseki hosts global automotive industry players, assures on incentives

as informed in …as global brands commit to partnership with Edo govtThe Edo State Governor, Mr. Godwin Obaseki, has assured global automotive industry players, including BMW, Bosch, Toyota, Volkswagen, Ford, Uber, among others, of the state's readiness to provide mouthwatering incentives and other business-friendly policies to enable them set up at the proposed Benin Auto Park, opposite the Benin Industrial Park (BIP). Obaseki gave the assurance at the Edo Automotive Investment Forum, which hosted members of the Africa Association of Automotive Manufacturers (AAAM), at the Government House in Benin City, the Edo State capital. He said the Benin Auto Park will transform Nigeria's automotive industry and help upgrade the used car market, such that more Nigerians would start buying new cars at affordable prices and be assured of top-of-the-range after-sales services. According to him, "the automotive industry is quite critical in South Africa. "We are interested in Nigeria and Edo State and impressed with the proposal for the Benin Auto Park.

collected by :Catlin Logan