Why undermining fuel efficiency standards would harm the US auto industry

The U.S. auto industry has rebounded well from its near collapse during the financial crisis. Auto suppliers in particular have done well, increasing employment more than 50 percent since 2008. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The failure of GM and Chrysler during the Great Recession would have decimated U.S. auto suppliers and in turn the U.S. auto sector.

The auto industry is vital to our national security interests

A healthy, progressive industrial sector developing military products and applications can only exist simultaneously with a healthy civilian industry. The only way to build and sustain a world-class military industry is to share costs with a civilian industry. Historically, the civilian and military motor vehicle industry have always been intertwined. A successful motor vehicles industry uses thousands of specialized parts. The vehicle industry continues to be vital for the health of the civilian economy too.

Tata Motors need "specific interventions" to counter challenges in global auto industry says Natrajan Chandrasekaran

as declared in Chandrasekaran however had a fairly optimistic view on Tata Motors standalone operation and its core market India. Some of the key operating markets for the group are faced with diverse market dynamics requiring specific interventions to ensure sustainable profitable growth," said Chandrasekaran.In the wake of these growing global challenges, Tata Motors share price has taken a beating in recent months. "This sector is well positioned for growth, given low rates of auto penetration, rising incomes and increasing affordability," he saidHe however cautioned that the Indian auto industry is not without its challenges, including adapting to a structural shift towards electric vehicles(EVs), shared mobility options with ride-sharing permeating the urban landscape, a pan-India shift to Bharat Stage-VI emission by 2020 and enhanced safety norms.He called out for government support to spur the auto industry growth. Within the commercial vehicles segment, key gaps were identified and addressed through modular product designs. In the passenger car segment, your company focused on improving customer experience and providing "best in class" features, which is driving changes in the brand perception.

collected by :Catlin Logan