Why undermining fuel efficiency standards would harm the US auto industry

as informed in The U.S. auto industry has rebounded well from its near collapse during the financial crisis. Auto suppliers in particular have done well, increasing employment more than 50 percent since 2008. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The U.S. auto supply chain, after all, employs some 1.5 million people: four times as many people as do U.S. auto manufacturers. The failure of GM and Chrysler during the Great Recession would have decimated U.S. auto suppliers and in turn the U.S. auto sector.

CPChain and MOBI to implement blockchain technologies in auto industry

Cyber Physical Chain (CPChain), a full-scale decentralized data infrastructure for the next generation of IoT systems, announced that it has partnered with Mobility Open Blockchain Initiative (MOBI), a nonprofit organization that works with forward-thinking companies like BMW, Ford and General Motors, to improve the auto industry by promoting standards and accelerating adoption of blockchain and related technologies. In conjunction with the partnership announcement, CPChain has announced it is now listed on KuCoin, an international crypto-asset exchange. MOBI, which was formed in May of this year, is actively working with companies accounting for over 70% of global vehicle production in terms of market share. CPChain, which is also listed on BiBox, ForkDElta, TIDEX, and IDEX, recently debuted PDash, a Parallel Distributed Architecture for Data Storage and Sharing. The solution serves to improve efficiency, security, privacy, and cost associated with the current Internet of Things (IoT) infrastructure.

Today's Pickup: Tariff terror for shippers, auto industry

as mentioned in Good morning,Impending tariffs have caused shippers to stock up, and the ports of Long Beach and Los Angeles are feeling the impact. "Peak season has come early, so to speak," said Mario Cordero, executive director of the Port of Long Beach. Cordero estimates that "70% of the Port of Long Beach's import volume is directly related to China. Unlocking blockchain's potential in your supply chainA.T. Kearney experts breakdown blockchain technology, citing its success in driving efficiency within supply chains (Supply Chain 24/7). Final Thoughts:"Cities across the world are grappling with a problem that seems to keep getting worse every year - finding a parking space.

'Carmaggedon': Representatives warn tariffs would decimate auto industry

Representatives of the Canadian auto industry warned officials on Tuesday that proposed tariffs on U.S. imports of vehicles and auto parts would decimate the industry and send the Canadian economy into a tailspin. Still, the proposed 25 per cent tariffs on vehicles and auto part imports to the U.S. prompted several representatives from the Canadian auto industry to warn the committee of the potentially devastating effects of such a move by the U.S. administration. Another report by Moody's Investor Services released this week said the tariffs would be negative for nearly all members of the auto industry, including automakers, parts suppliers, dealers, retailers and other transportation companies. "There is not an assembly plant in Canada that will survive a 25 per cent tariff, because almost everything we build goes to the United States," Dias said. 1 industry in Canada taken away from us."• Email: asiekierska@nationalpost.com | Twitter: alicjawithaj




collected by :Catlin Logan