nhtsa/U.S. DOT issues Federal guidance to the automotive industry for improving motor vehicle cybersecurity

U.S. DOT issues Federal guidance to the automotive industry for improving motor vehicle cybersecurity

NHTSA 25-16Monday, October 24, 2016Contact: 202-366-9550 | Public.Affairs@dot.govGuidance covers cybersecurity best practices for all motor vehicles, individuals and organizations manufacturing and designing vehicle systems and softwareWASHINGTON – The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) is taking a proactive safety approach to protect vehicles from malicious cyber-attacks and unauthorized access by releasing proposed guidance for improving motor vehicle cybersecurity."Cybersecurity is a safety issue, and a top priority at the Department," said U.S. Transportation Secretary Anthony Foxx."Our intention with today's guidance is to provide best practices to help protect against breaches and other security failures that can put motor vehicle safety at risk."

Brazilian automotive industry operating at 46 percent its capacity Thursday, 27 October 2016 23

Brazil's automotive industry, a major consumer of steel, is currently operating at 46 percent its total capacity, which is estimated at 5 million units/year, according to a top executive at the Fiat Chrysler group.Talking to the participants of the Alacero conference, Latin America's major steel event, held in Rio, Brazil, from October 25-26, Antonio Sergio Martins Mello, director of institutional relations at the Fiat Chrysler group (FCA), forecast the local automotive market to reach 3 million units by 2020.The executive said one of the solutions to help the struggling automotive segment retake its growth is the export market.

Uzbek automotive industry association's net profit down

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BBBEE targets for automotive industry 'not doable'

It was impossible for multinational vehicle manufacturers in the country to comply with the revised codes and rules and achieve a level 4 rating, because, with the ownership element, they lost so many points, Schaefer said.Johannesburg - South Africa could say goodbye to its automotive industry if the government insisted on enforcing the revised broad-based black economic empowerment (BBBEE) codes on locally based multinational vehicle manufacturers, Volkswagen South Africa (VWSA) chairman and managing director Thomas Schaefer said.The updated codes that came into effect from May 1 last year meant companies would be unable to achieve a BBBEE compliance rating of level 4 or above without doing some sort of ownership transaction, although the ownership target remained unchanged at 25 percent plus 1 share.