With new vehicle inventories stabilizing and pent-up need fading, the automotive industry may possibly return to ordinary in 2024 as it emerges from the tumultuous, pandemic-induced haze. But that doesn’t signify It will probably be a tranquil yr.
IMR not too long ago spoke with the person most answerable for producing parts obtaining choices at five hundred independent automotive repair service retailers. Our focus was to be aware of their use and perceptions of private …
Decreasing manufacturing expenses is additionally essential as EVs need to be aggressive in comparison to both Chinese EVs and ICE vehicles without the need of compromising quality. Competitive pricing and quality should really inspire EV adoption when preventing market share erosion.
Export worth of sections and accessories for tractors and motor automobiles made for the transportation of products and people in 2023, by primary export nation (in million U.S. dollars)
Closing the hole with Chinese and tech-ahead OEMs provides an important hurdle for traditional OEMs specified product portfolio complexity. Such as, regular OEMs typically have 40 to over one hundred versions available in the market determined by a number of platforms, which makes development and deployment of the program-described technique across their products portfolios both equally time intensive and capital intense. To realize success, standard automotive companies will require to adapt to their products growth processes and business enterprise types to successfully contend with China and tech-ahead OEMs.
One example is, it is expensive to put in a stamping push completely to create one system panel for only one model, but, In the event the product operate reaches several hundred thousand, the fee is amply justified.
In August 2021, IMR interviewed five hundred unbiased automotive repair shops, nationally representative by locale in the U.S., to obtain insights on no matter whether offer chain disruptions were being influencing their business enterprise and …
Whilst dealerships only gained 3 % of the 1st requires elements from independent repair outlets they however acquired enterprise from more than twenty per cent of Individuals shops, In line with IMR’s …
Will not miss tomorrow's automotive production industry news Allow Automotive Dive's no cost publication continue to keep you informed, straight from the inbox.
The governments of 24 developed nations and a gaggle of major motor vehicle suppliers such as GM, Ford, Volvo, BYD Automobile, Jaguar Land Rover and Mercedes-Benz committed to "get the job done in direction of all sales of recent vehicles and vans remaining zero emission globally by 2040, and by no later on than 2035 in leading marketplaces".
Consider modular factories able of producing an array of vehicles with bigger customization and usage of tactics like Gigacasting to create the check here body in white – that’s the longer term we’re headed towards.
Security Positive aspects diminish in much larger motor vehicles: IIHS Inspite of technology developments, drivers in smaller vehicles are still in danger to injury if involved in a crash with a truck or SUV, a new review observed.
Our authorities are offered to answer your questions about automotive tendencies applying our options and info.
Cite Whilst each work continues to be made to follow citation style rules, there might be some discrepancies. You should seek advice from the suitable design manual or other resources When you've got any issues. Decide on Citation Style