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The road ahead – leather and the automotive industry 14 February 2017Electric – and possibly driverless – cars are about to change the automotive industry forever, with potential consequences for high-end upholstery. Where there's a will, there's always a way, but the industry must start thinking about this sooner, rather than later. It's only matter of time before electricity replaces petroleum as the chief power source for passenger cars and commercial vehicles. Hidenet publisher Don Ohsman considers how leather can thrive in a petrol-free future. Leather effectDriverless vehicles are another near-inevitability.
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Raafat Masrouga, the honorary chairperson of the Automotive Marketing Information Council (AMIC), said that the increase of local components in the automotive industry requires more in-depth studies. In addition, the increase of local components will raise the efficiency and develop skills of local technicians, prompting local car factories to make advanced technological and marketing decisions. However, Masrouga pointed out that the increase of local components in the automotive industry could have positive effects, since the domestic component would allow government support in terms of customs or tax on the automotive industry. A state of anticipation overshadows the companies operating in the automotive sector, pending the issuance of the automotive industry strategy, which is currently discussed by the parliament. As the increase of the local component ratio should reduce the price for domestic market and export, otherwise it will lose its competitiveness opportunity.
Szijjártó meets automotive industry leaders in JapanMTI – EconewsMinister of Foreign Affairs and Trade Péter Szijjártó met with the head of Japanese car maker Suzuki on Tuesday, as well as with representatives of peer Toyota and tire maker Bridgestone, during his ongoing visit to Japan, Hungarian news agency MTI reported. On the second day of his two-day visit, Szijjártó also met with Hiroyuki Ishige, chairman of the Japan External Trade Organization (JETRO), and Yuji Yamamoto, Minister of Agriculture, Forestry and Fisheries. The talks marked the start of negotiations on licensing for the export of wild boar meat to Japan. Szijjártó revealed that a decision was also taken on a strategic partnership with Sumitomo Electric Industries, a manufacturer of electric wire and optical fiber cables. The minister added that his partners in talks also delivered a positive assessment of initiatives to improve mobility and restructure the education system.
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collected by :John Max
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Increase of local components in automotive industry will harm production, marketing: Masrouga
Raafat Masrouga, the honorary chairperson of the Automotive Marketing Information Council (AMIC), said that the increase of local components in the automotive industry requires more in-depth studies. In addition, the increase of local components will raise the efficiency and develop skills of local technicians, prompting local car factories to make advanced technological and marketing decisions. However, Masrouga pointed out that the increase of local components in the automotive industry could have positive effects, since the domestic component would allow government support in terms of customs or tax on the automotive industry. A state of anticipation overshadows the companies operating in the automotive sector, pending the issuance of the automotive industry strategy, which is currently discussed by the parliament. As the increase of the local component ratio should reduce the price for domestic market and export, otherwise it will lose its competitiveness opportunity.
Szijjártó meets automotive industry leaders in JapanMTI – EconewsMinister of Foreign Affairs and Trade Péter Szijjártó met with the head of Japanese car maker Suzuki on Tuesday, as well as with representatives of peer Toyota and tire maker Bridgestone, during his ongoing visit to Japan, Hungarian news agency MTI reported. On the second day of his two-day visit, Szijjártó also met with Hiroyuki Ishige, chairman of the Japan External Trade Organization (JETRO), and Yuji Yamamoto, Minister of Agriculture, Forestry and Fisheries. The talks marked the start of negotiations on licensing for the export of wild boar meat to Japan. Szijjártó revealed that a decision was also taken on a strategic partnership with Sumitomo Electric Industries, a manufacturer of electric wire and optical fiber cables. The minister added that his partners in talks also delivered a positive assessment of initiatives to improve mobility and restructure the education system.
read more visit us industry
collected by :John Max
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