Automotive industry value usThis write-up provides an overview of the automotive industry in countries about the planet. Existing Vietnamese duties of 60 % will be eliminated by 2018 for vehicles imported from inside the Association of Southeast Asian Nations, Met Arias, chairman of the Vietnam Automobile Companies Association and managing director of Ford’s unit in the country, mentioned in an interview October 23. Without a significant parts sector, auto production charges are greater than elsewhere in the region due to the fact of taxes on imported elements, he said.

Essential to the UK automotive sector’s continued success is its extremely skilled workforce. In addition to rising productivity, market has improved the functioning atmosphere of its workers, demonstrated by the higher retention price, with employees turnover falling to just five% in 2016 compared with the national average of 16.five%.3 At the same time, investment in skills enhanced, with the quantity of … READ MORE ...