Industry Automotive

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.

Auto components industry seeks uniform 18% GST on all products

Auto component industry today sought uniform 18 per cent GST across the sector stating that low taxation would lead to better compliance and and larger tax base. The industry, which reported a growth of 18.3 per cent to Rs 3.45 lakh crore in 2017-18, said the lower tax levy would also help in curtailing flourishing of grey operations in the aftermarket. "One of the key demands of the industry has been a uniform 18 per cent GST rate across the auto component sector. Currently 60 per cent of the components attract 18 per cent GST rate, while the rest 40 per cent, majority of which are two-wheelers, and tractor components attract 28 per cent," ACMA President Nirmal Minda told reporters here. Automotive Component Manufacturers Association of India (ACMA) further sought creation of a fund to support indigenous research and development (R&D) and technology creation in the component industry.

Auto industry group opposes curbs on foreign cars - Business News

referring to "Thailand is exporting more than 1.3 million cars a year and Indonesia more than 100,000 vehicles. "What we don't want is further incentives being provided for the new national car, which will really disrupt the industry. It does not help the industry at all," she explained.On electric cars, Aishah said further investments and incentives were needed to grow the segment, which only saw 13 cars sold last year. "The previous government allowed foreign cars to come in without giving Proton the opportunity to expand overseas," he said.This, he explained, had created difficulties for the national carmaker to compete with global automotive giants. "There is a need to impose certain conditions to limit foreign cars' access to the local market," he added.

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A month after an abnormal growth of 37 per cent (owing to a low base effect of June 2017), the domestic automobile industry is expected to report a decline in July on a high-base effect of corresponding month last year. Country's largest carmaker, Maruti Suzuki, has reported a drop of 0.6 per cent in July passenger vehicle sales. ALSO READ: Maruti Suzuki's profit climbs 27% in Q1, but skids on expectationsR S Kalsi, Senior Executive Director, marketing and sales, Maruti Suzuki, said July volumes must be seen together with June sales. Maruti Suzuki sold 134,036 units in June but owing to a low base, the growth was 44 per cent. ALSO READ: Maruti Suzuki dips 4% post Q1 resultsFord has reported a decline of 7 per cent in July domestic sales at 7,816 units.

Iran's car industry is bigger than you'd think, but which cars are made there?

The Iranian car industry had been thriving (Picture: Getty Images)As part of the sanctions that Donald Trump has reimposed on Iran, one of the industries that is going to be hit hard is car production. They are also designed to scare off foreign investors in the Iranian automotive industry, something that appears to have been achieved already. This may not sound like a huge consequence, but the Iranian car industry is much bigger than you might think, producing a vast amount of automobiles every year. There are two major players in the Iranian car market, Iran Khodro and Saipa, who produce their own models, but also manufacture more well-known brands thanks to deals with bigger companies. The sanctions are set to cause huge damage to the Iranian car industry as PSA have said they will be pulling out, whilst Renault are following suit.

The car industry needs to embrace open source

referring to One of the ways that they are already doing this is in their use of open source components. This software is written and maintained by the open source community and made available for reuse by others so long as they follow their licenses. Open source components are essentially the building blocks of software, comprising between 60-80 percent of the code base in modern applications. When coding with open source, developers need to ensure that they are not using components with known vulnerabilities. If automakers are going to successfully utilize open source components, they are going to have to play by the rules.

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Can Tesla Achieve Industry Standard COGS? Tesla's profitability relies on competent manufacturing efficiency that can achieve standard industry cost benchmarks. Analysts have criticized the way Tesla has been operating its manufacturing facilities in Fremont and Nevada. When agile development teams use Scrum for hardware it is referred to as Extreme Manufacturing, according to its developer Joe Justice. Applying Extreme Manufacturing to TeslaSo how does knowing that Tesla uses Extreme Manufacturing explain the contradictory behavior I introduced at the beginning of this article?

Digital Instrument Cluster Market: 2018 Global Automotive Industry Analysis By Size, Opportunities, Share, Growth Factors, And Regional Forecast To 2023

HeraldkeeperDigital Instrument Cluster Market: 2018 Global Automotive Industry Analysis By Size, Opportunities, Share, Growth Factors, And Regional Forecast To 2023Jul 31, 2018 (Heraldkeeper via COMTEX) -- Digital Instrument Cluster Market Research Report 2018 – Global Forecast to 2027, is latest published report on Digital Instrument Cluster Industry Analysis to 2023. Due to popularity among car drivers, Global Automotive Digital Instrument Cluster Market upswing with 20% CAGR between 2018 and 2023. The global automotive digital instrument cluster market has been segmented into display size, display type, type of fuel used, and lastly region. 25 JUL 2018Browse more details on report at: https://www.marketresearchfuture.com/reports/automotive-digital-instrument-cluster-market-5710About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us:Amanora Chambers,Magarpatta Road, HadapsarPune – 411028Maharashtra, India+1 646 845 9312Email: sales@marketresearchfuture.comThe post Digital Instrument Cluster Market: 2018 Global Automotive Industry Analysis By Size, Opportunities, Share, Growth Factors, And Regional Forecast To 2023 appeared first on Herald Keeper.

referring to

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Introduced for the 1960 model year, the Chevrolet Corvair was General Motors' answer to the growing popularity of small, imported vehicles like the Volkswagen Beetle. Featuring a rear-mounted, air-cooled, flat-six engine, the vehicle was available in a wide variety of body styles, including a sedan, coupe, wagon, and van. Not having a standard front anti-roll bar made the model even more potentially dangerous. General Motors didn't take kindly to the allegations about the Corvair and allegedly tried to harass him. Nader sued the company for invasion of privacy and won $425,000 in 1970 (about $2.7 million today).

Cubic Executive to Explore the Future of Transit Mobility with Auto Industry at Center for Automotive Research Seminar

Although Cubic's vision of MaaS centers on the idea that public transit agencies – more than any other player – should play center stage, private car ownership could remain an important element of the future mobility landscape. Taylor will present at the following session:Is the Future of Mobility Multimodal or Car-centric? Follow Cubic Transportation Systems on Twitter at @CubicTS and join the conversation on social media with #CARMBS. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions.

Interested In Automotive Franchise? Look Out For These Industry Trends

referring to Top 3 Trends In Automotive IndustryThis story originally appeared on Franchise IndiaThe automotive industry in India is one of the largest worldwide, with more than four million cars and commercial vehicles produced, India is one of Asia's largest markets. The automotive sector is growing and becoming more important for Indian citizens with 14.9 million jobs projected to exist by 2022. Offering numerous opportunities, the automotive industry is witnessing continuous evolution with trends re-defining the industry. Electric carsThe sales of electric cars have reached 10 million units, which explain the opportunities for franchisors in this lucrative sector. The declining resource of nonrenewable energy sources is a major push for the production of electric vehicles, which is reflecting as the market share of the electric car is increasing.

How Blockchain Will Disrupt the Automotive Industry

Blockchain will soon disrupt the automotive industry thanks to its decentralized data ledger features. The deployment of blockchain in the automotive industry was first tried and tested by Porsche in collaboration with the Berlin-based start-up, XIAN. These contracts can be used to change the way payments are made in the automotive industry. Facilitating better Carpooling OptionsThe concept of autonomous cars can be extended to the carpooling services with the help of the blockchain technology. Other blockchain innovations developed by other companies to disrupt the automotive industry are as follow:Encouragement for eco-friendly driving by Daimler AGVehicle ownership and sharing system by Ernst & YoungSource verification of the raw materials used in the engines by BMWAlthough the automotive industry is just getting started with blockchain, there is no doubt that the outcome will only be revolutionary.

Induction Heating for the Automotive Industry

As such, the company understands its customers' need for stringent heating performance and induction heating requirements, especially for the automotive industry. Ambrell's innovative induction heating solutions could be used for a vast array of applications—from conventional gasoline and diesel-powered cars or trucks to hybrid and electric vehicles. Below are some of the automotive applications that Ambrell specializes in:AnnealingBondingBrazingCuringForgingGeneral HeatingHeat treatingMaterial testingMetal-to-plasticShrink fittingSolderingSampling of Induction Heating ApplicationsAmbrell's induction heating systems are ideal for a wide range of automotive applications. This information has been sourced, reviewed and adapted from materials provided by Ambrell Induction Heating Solutions. For more information on this source, please visit Ambrell Induction Heating Solutions.

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FG may inject N300bn into auto industryRasheed BisiriyuThe Federal Government plans to inject N300bn into the nation's vehicle assembly plants as part of measures to accelerate the development of the automotive industry. Already, contributions into a support fund initiated to facilitate the vehicle production finance scheme have risen to N11bn. Aliyu spoke on 'Achieving 2013-2020 Nigerian Automotive Industry Development Plan under the current regime: How feasible?' at a capacity building workshop for motoring journalists. Aliyu, who was represented by the Director, Special Duties, NADDC, David Oyetunji, said the auto support fund was an indication of the government's resolve to provide the necessary encouragement for the development of the auto sector. "The automotive industry is the cornerstone for establishing a self-sustaining economy and upgrading the standard of living both in the developing and developed economies," he stated.

Washington Post auto industry reporter Warren Brown dies at 70

WASHINGTON — Warren Brown, The Washington Post reporter and columnist who covered the automotive industry, has died Thursday. Brown, 70, died after years of issues related to kidney disease. He also covered his health struggles, detailing his journey when he received a kidney transplant from his Washington Post colleague Martha McNeil Hamilton in 2001. According to The Washington Post, Brown joined the newsroom in 1978 as a national reporter, but eventually went on to specialize in covering the auto industry for the paper. The Louisiana native wrote in his 2009 farewell column: "What began as a news beat in 1982 became and remains a mission.

U.S. auto industry predicts soaring car prices and job loss if Trump tariffs imposed

As it stated in The average price of imported vehicles sold in the United States could jump by thousands of dollars if the Trump administration imposes tariffs under a worst-case scenario provided by the Center for Automotive Research. The Michigan-based think-tank estimates U.S. consumers would see the average price of new imports rise by US$6,875, if a 25 per cent tariff is applied, or up to US$2,750 if a 10 per cent tariff is imposed to imports from all countries. Story continues belowThe impact on American consumers would be substantially less if Canada and Mexico – partners with the United States under the North American Free Trade Agreement – are exempted. The report was issued ahead of congressional hearings into the Trump administration's threat of tariffs or quotas to protect its national security. READ MORE: Trump trade war highlights need for fewer barriers between provinces: TrudeauPresident Donald Trump's strategy appears aimed at returning the auto supply chain back to the United States.

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