Tag: automotive industry

March 22, 2023

The automotive industry has the largest number of robots working in factories around the world: Operational stock hit a new record of about one million units. This represents about one third of the total number installed across all industries, according […]

December 21, 2022

Consumer demands are shifting the attention of the automotive industry—an impact the world will soon notice in 2023. According to the recent Automotive Ecosystem Vision Study by Zebra Technologies, car buyers now primarily seek sustainability and eco-friendliness, leading to an […]

September 28, 2022

Helmel Imaging, developers of a quality intelligence platform for the inspection of high gloss curved parts in the automotive and consumer electronics sectors, recently announced the appointment of Gary Johnson to its Board of Directors. Mr. Johnson brings decades of […]

December 15, 2021

The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future. “Even if Tesla were somehow to collapse […]

November 15, 2021

The automotive industry is undergoing a major change. One of the key drivers of this transformation is the connected car. More and more vehicles are connecting to mobile networks in order to link to emergency service systems and enable extended […]

November 4, 2021

While sales of conventional vehicles have suffered under supply shortages and long delivery times, EVs are rolling out of dealerships in Germany. The German Association of the Automotive Industry (VDA) says that in the month of October, for the first […]

October 20, 2021

General Motors Co. ’s finance chief is working to build out the company’s forecasting and planning capabilities to help the car maker achieve its long-term goals and better explain its business transformation to investors. The Detroit-based company earlier this month […]

October 18, 2021

Foxconn Technology Group, the world’s largest contract electronics manufacturer, introduced three electric-vehicle models Monday, marking one of the iPhone assembler’s most aggressive forays yet into the EV industry. The prototypes are the first cars that Foxconn has designed, together with […]

October 12, 2021

Toyota Motor Corp. in December wants to restart production that has been curtailed by component shortages after a rebound in shipments from pandemic-hit suppliers. The move may help the automaker regain about a third of output lost to supply disruptions, […]

July 6, 2021

Radical changes are propelling the automotive industry forward as electrification transforms vehicles from mechanical systems into electronic wonders. Massive advances in sophisticated electronics and computer systems are making self-driving cars a reality. In response, automotive manufacturers and suppliers have rallied […]

February 15, 2021

Shawn Goodrich, the owner and founder of the Mooresville, North Carolina auto repair center Two Fingers Automotive, is pleased to announce that he expects 2021 will be a very busy year for his company. As Goodrich noted, he and his […]

March 16, 2020

The coronavirus emergency is disrupting Europe’s automotive industry, forcing plants to close or reduce production. Here is an overview of how production is being affected in key auto-producing countries. Italy Fiat Chrysler is halting production through March 27 at its […]

February 19, 2020

BANGKOK — General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production facilities in the country, a government official said on Wednesday. GM said on Monday it would sell its […]

April 22, 2019

BEIJING (Reuters) – China’s Huawei Technologies launched on Monday what it said was the world’s first 5G communications hardware for the automotive industry, in a sign of its growing ambitions to become a key supplier to the sector for self-driving […]

February 27, 2019

Hyundai Motor Co. joined automakers pledging massive spending in the years ahead to address the industry’s transformation and fend off new competition from the likes of Tesla Inc. The South Korean maker of Sonata sedans and Tucson crossovers plans to […]

September 25, 2018

BERLIN (Reuters) – It is “extremely important” that the European Union develop its own battery cell production to secure its role in the automotive industry as it shifts to electric mobility, German Chancellor Angela Merkel said. “If China is opening […]

January 30, 2018

There was some serious buzz in the global automotive industry in 2017. Electric Vehicles, Autonomous Driving and Digitization powered ahead, making significant transitions from pilot projects to the mainstream. The advent of flying cars, blockchain technology and new business models […]

January 29, 2018

The automotive industry is no stranger to big data. For decades automakers have collected and analyzed data from warranty claims, maintenance reports and increasingly smarter, more connected vehicles to improve consumer experience, dealership performance and vehicle quality. While these activities […]

July 11, 2017

The automotive industry sometimes appears to be shaking in its shoes as it contemplates a future threatened by new technology. The old idea of simply making the best cars and selling them for the best profit has gone out the […]

May 23, 2017

Automotive manufacturers are currently facing a series of challenges. With increased pressure to meet customer demand for more personalised designs, they are tasked with creating a more flexible production environment, reducing engineering time and costs, and accelerating speed to market […]