Comprehend the media habits and Tastes of segments for aftermarket elements and repair purchasers
Crucial tech specifics of Rivian and VW’s joint venture partnership Substantial work has been accomplished to be certain Rivian’s electrical architecture and computer software are compatible with Volkswagen automobiles.
Safety within the automotive industry is particularly crucial and for that reason remarkably controlled. Vehicles and other motor vehicles need to comply with a certain number of regulations, regardless of whether neighborhood or Worldwide, in order to be accepted on the market.
Doing this would require acquiring designs and techniques to the around, middle and long-term although mitigating outcomes of macroeconomic headwinds together with inflation, increasing prices, provide chain problems and recessionary pressures.
This portion really should be current. The rationale provided is: a number of of these have improved. You should aid update this informative article to reflect the latest gatherings or freshly offered info. (September 2024)
The Orion Assembly plant is a component of the $7 billion investment throughout 4 of Basic Motor’s Michigan web pages as Section of its strategy to repurpose ICE assembly vegetation for increased battery cell and EV manufacturing capability although preserving expenses.
President-elect Trump has vowed to roll back again motor vehicle emissions standards and decrease governing administration assist for electrical automobiles. read more He’s also proposed tariffs directed at bolstering domestic manufacturing.
In June, we questioned typical automotive maintenance outlets about current and future threats for their business enterprise. Of your 6 present/future threats asked about, the price of equipment and tools needed …
Your online business needs to be not simply resilient but grow amid exterior pressures. Finding different suppliers and marketplaces is one way automotive corporations can stay agile and adapt to changing geopolitical landscapes.
Even though navigating EV market volatility, automobile suppliers ought to see click here that their recent business enterprise operations are as productive as feasible to assistance funds move and profitability. This consists of regionalizing and enhancing the here provision chain to help resilience and contemplating divesting non-core property to unlock resources.
Even so, the automotive industry remains to be particularly concerned about products recalls, which bring about sizeable money consequences.
In July 2024, we spoke with five hundred independent automotive fix stores with regards to their buy frequency and use of personal label makes along with the explanations why they use personal …
The annual Earth Congress Encounter presents a unique chance to understand the latest improvements in automotive technology, join with industry peers, and check out rising trends, for each the web site.
Trump suggests automobile tariffs are coming April two The president recommended a twenty five% duty on Those people imports, fueling uncertainty for automakers previously bracing for steel, aluminum and place-particular tariffs.