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Monday, February 6, 2017

"ET Auto" : IoT's role in transforming automotive industry - AutoLogue by Ashish Gulati

collected by :John Max

Motorcycle sales grew 22 per cent to 1 million units, while overall two-wheeler sales grew 26.3 per cent to 1.64 million units. Globally, companies are pouring money into the Internet of Things, and one area of particular interest to investors is "IoT Connected cars". It is expected that 381 million connected cars would be on the roads by 2020. They would like to remain connected and productive while on the go, consider fully connected vehicles among the most beneficial futuristic technologies. The overall Passenger Vehicle (PV) segment accounts for 13 per cent market share.


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British automotive industry to see further relations with Chinese market


British automotive industry to see further relations with Chinese market
Top five British bestsellers in China last year included Range Rover Sport, Land Rover Discovery, Jaguar F Pace, MINI and Range Rover, it said. Hawes said the tremendous growth in British production is a testament to the global competitiveness of the country's automotive sector. Chinese visitors look at Land Rover and Range Rover SUVs on display during an auto show in Chengdu city, Southwest China´s Sichuan province, September 2, 2016. [Photo/IC]LONDON - China remained Britain's third biggest trading partner after the European Union (EU) and the United States, as British car production achieved a 17-year high in 2016, the Society of Motor Manufacturers and Traders (SMMT) said Thursday. China remains the third biggest export destination for British automotive industry as demand bounces back 3.1 percent after falling 37.5 percent the previous year, the latest report from the association said.

Trump tells leaders of U.S. automotive industry he'll ease rules to bring back jobs


Trump tells leaders of U.S. automotive industry he'll ease rules to bring back jobs
Ford chief executive Mark Fields and Fiat Chrysler chief executive Sergio Marchionne also attended Tuesday's meeting. Just the day before, Trump told business leaders he would cut regulations by 75 percent and "massively" cut corporate taxes. Trump met Monday with business leaders from a smattering of industries, including Fields and Tesla chief executive Elon Musk. The automotive leaders were told to devise a "series of actions" that will boost U.S. manufacturing and submit those plans to Trump within the next 30 days. Industry leaders contend that complying with increasingly stringent fuel economy standards increases the cost of making cars, which must then be passed on to buyers or compensated for with job cuts.


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