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collected by :John Max
Participants agreed to bring up the memorandum that includes suggestions from importing companies regarding the automotive industry strategy to the Industry Committee. Major importing companies operating in the automotive sector are preparing to submit a memorandum to the parliament's Industry Committee within two weeks. The companies present included Volkswagen, Seat, Kia Motors, agent of Brilliance, Daihatsu, and Ford Auto Jameel, besides a number of feeding industry companies. The Industry Committee in the parliament had decided three weeks ago to delay the discussion of the car manufacturing law indefinitely in order to continue the studies of the automotive industry strategy during the coming period. 3 of Article 6 of the draft law, which grants encouraging incentives to exporting companies, whether they export cars or components.
according to
Report: 'Global Automotive Executive Survey 2017' BY James WilliamsAutomotive production in Western Europe will be less than 5 percent by 2030, according to KPMG's 'Global Automotive Executive Survey 2017' – its annual state of play analysis of the industry. Following the UK's decision to leave the European Union (EU), 65 percent of automotive executives believe that the EU as it is today "will be history in 2025". Over 56 percent of global executives believe that the country is a "high growth market for traditional and mass volume manufacturers". This scenario would not only jeopardise the free trade zone within the EU, but also "disruptively affect the automotive industry worldwide".
The auto insurance industry is also increasingly adopting biometric driver authentication by charging premium rates specific to the driver of the vehicle, based on their individual history and characteristics. In fact, a recent report found that the biometric vehicle access systems global market will increase from its current $442.7 million to reach $854.8 million by 2021. For example, biometric technology can monitor drivers' eye movements for drowsiness and distraction, and alert them when they are falling asleep. The organization is hoping to recruit auto industry veterans, technology giants, startups, academics and hackers as members. Aside from driver identification and authentication, biometric technologies can be used for a more seamless and convenient approach to in-cabin personalization, including setting the music, maps, and call history based on each driver's preferences.
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Participants agreed to bring up the memorandum that includes suggestions from importing companies regarding the automotive industry strategy to the Industry Committee. Major importing companies operating in the automotive sector are preparing to submit a memorandum to the parliament's Industry Committee within two weeks. The companies present included Volkswagen, Seat, Kia Motors, agent of Brilliance, Daihatsu, and Ford Auto Jameel, besides a number of feeding industry companies. The Industry Committee in the parliament had decided three weeks ago to delay the discussion of the car manufacturing law indefinitely in order to continue the studies of the automotive industry strategy during the coming period. 3 of Article 6 of the draft law, which grants encouraging incentives to exporting companies, whether they export cars or components.
according to
Automotive industry faces crunch as production set to nosedive in Western Europe, survey reveals — Financier Worldwide
Report: 'Global Automotive Executive Survey 2017' BY James WilliamsAutomotive production in Western Europe will be less than 5 percent by 2030, according to KPMG's 'Global Automotive Executive Survey 2017' – its annual state of play analysis of the industry. Following the UK's decision to leave the European Union (EU), 65 percent of automotive executives believe that the EU as it is today "will be history in 2025". Over 56 percent of global executives believe that the country is a "high growth market for traditional and mass volume manufacturers". This scenario would not only jeopardise the free trade zone within the EU, but also "disruptively affect the automotive industry worldwide".
Automotive industry increasingly adopting biometric technologies
The auto insurance industry is also increasingly adopting biometric driver authentication by charging premium rates specific to the driver of the vehicle, based on their individual history and characteristics. In fact, a recent report found that the biometric vehicle access systems global market will increase from its current $442.7 million to reach $854.8 million by 2021. For example, biometric technology can monitor drivers' eye movements for drowsiness and distraction, and alert them when they are falling asleep. The organization is hoping to recruit auto industry veterans, technology giants, startups, academics and hackers as members. Aside from driver identification and authentication, biometric technologies can be used for a more seamless and convenient approach to in-cabin personalization, including setting the music, maps, and call history based on each driver's preferences.
read more visit us industry
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