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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

The US Department of Transportation has awarded a $15-million grant to renew the Center for Connected and Automated Transportation (CCAT), based in Ann Arbor and led by the University of Michigan. Platooning connected and automated freight trucks to reduce traffic delays and wear and tear on roads.

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NHTSA Tells Auto Industry Not to Comply With Massachusetts Data Laws

The Truth About Cars

It’s no secret that various industries attempting to hoard customer data and redefine what constitutes ownership have created a groundswell of consumer resentment. However, the above is really more of a problem with vehicular connectivity in general than anything else.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

Dieter Kempf, President of BITKOM, the IT industry Association, Winterkorn declared that the increasingly intensive networking of cars with their surroundings and automatic driving would be the key topics for the intelligent mobility of the future. Information technology has been a key component of the automobile industry for some time.

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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.

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Nissan announces new strategy for customer ownership experience; leveraging connected car, big data, and personalization

Green Car Congress

The company anticipates that, as a result, connected car services and greater choice in accessories and personalization will increasingly drive growth in its aftersales business, anticipated to contribute 25% of aftersales revenue by 2022. —Kent O’Hara.

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U-Michigan, China enter two new automated and connected vehicle partnerships

Green Car Congress

The University of Michigan is entering two separate agreements with Chinese institutions targeting automated and connected vehicles. First, a $27-million research agreement with Shenzhen-based investment firm Frontt Capital Management will advance autonomous, connected vehicles and robotic technologies. Second, a $2.5-million

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