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There's a lot of moving parts and unpredictability, but we do our best to make sense of it all. Find Guaranteed Fit Parts at eBay Motors It's Friday, and we're podcasting! This week on the TTAC podcast, we tackle tariffs with Robby DeGraff from AutoPacific. Image: Buick/General Motors/VerticalScope/TTAC.com] Become aTTAC insider.
A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. Their report, “Biobased Automobile Parts Investigation”, was developed for the USDA Office of Energy Policy and New Uses. Cost to manufacture is one of the main considerations.
2012 Chinese AutoIndustry Development Report. The fifth annual report on China’s autoindustry—2012 Chinese AutoIndustry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.
(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.
Partnership builds on existing relationship to deliver increased automation and sustainability for autoparts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.
At this point, the entire industry is called upon. We need a voluntary commitment by the automobile industry. The Volkswagen Group is ready to play its part. I clearly say yes to Big Data, yes to greater security and convenience, but no to paternalism and Big Brother. Winterkorn.
If you know much about the Irish autoindustry, you know that it is/was small with a short, unremarkable history. So, I ask of you, what part of the admittedly small and mostly no-longer existing Irish automotive industry are you celebrating? Yeah, I am shoehorning in a QOTD to match the holiday. That said, it is St.
Tuopu is an autoparts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. China-based Ningbo Tuopu Group Co. Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported.
However, Tesla has always maintained that its EVs — while they are the company’s most popular products — are only part of its ecosystem. The post Elon Musk finally names Tesla’s main rival—and it’s way bigger than the autoindustry appeared first on TESLARATI. Indeed I did. — Elon Musk (@elonmusk) May 25, 2022.
million strong new car market still powered, wholly or in part, by gasoline or diesel. Alongside advances in gasoline and diesel vehicle technology, the industry is investing heavily in alternative technologies. to 1, they will be an important part of the transition to the zero emission roads of the future. of the UK’s 2.5
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. Additionally, the autoindustry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new autoindustry in Croatia. The automotive industry needs to get the same attention as soccer in Croatia. Earlier post.)
Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. The latest generation of diesel vehicles is a very effective lever to achieve climate goals in the near future, because they emit 15-20% less CO 2 than equivalent petrol vehicles.
This is sorely needed, and no one else in the autoindustry has anything like it. As part of that effort, a dozen University of Michigan researchers are working to advance next-generation technologies by simulating new materials, building them, understanding how those materials work and then constructing large-scale prototypes.
The share buyback is part of the Treasury’s plan, also announced today, to fully exit its entire holdings of GM stock within 12 to 15 months, subject to market conditions. Government ownership of GM stock was the result of the autoindustry rescue that began under President George W. billion, or $27.50
billion) bailout package to help the autoindustry recover from the coronavirus pandemic, and electric cars will be an important part of it. The French government is putting together an 8 billion euro ($8.8
In part it is even possible to use the same machines and equipment, with the result that various production lines at one plant are already being used to manufacture different products for different types of drive system. thyssenkrupp is one of the leading suppliers and engineering partners to the international autoindustry.
In 2010, Tesla was awarded a milestone-based loan, requiring matching private capital obtained via public offering, by the DOE as part of the Advanced Technology Vehicle Manufacturing (ATVM) program. This is another important contribution to what the Obama Administration has done to preserve and promote America’s autoindustry.
Automakers see the information as invaluable, offering a wealth of data points to help them determine how to build future products, schedule servicing routines, and which parts to order.
Hyundai’s Elantra (Avante in other parts of the world) recently sold its 10 millionth unit globally. Elantra is Hyundai’s first model, and one of only 10 cars in the history of the autoindustry to reach 10 million sales.
The autoindustry is committed to vehicle electrification and will invest over $330 billion in the technology by 2025. Addressing issues such as grid resiliency, energy demands for charging, and equitable rollout of charging infrastructure will be an integral part of a successful future for EVs in America.
Bureau Veritas handles on-site verification and third-party independent auditing (see Part Two of this series ), and OPTEL provides a digital platform that companies and government regulators can use to follow products through their supply chains, from extraction of the raw materials to final assembly. Ken Fallu: Yes, but it’s just starting.
Negative reaction to the widely expected announcement was voluminous and vociferous: Ceres: “Rolling back the Corporate Average Fuel Economy (CAFE) and emissions standards will undermine the global competitiveness of the US autoindustry. This is not a technical assessment, it is a move to demolish the nation’s clean car program.
ArcelorMittal is adding to its family of advanced high strength steels (AHSS) for the autoindustry with the development of Fortiform 980 Extragal (-GI) in North America. This is a crucial advantage as carmakers come under pressure to further lighten vehicles as a part of their strategy to improve fuel economy.
Tata Technologies, a global provider of engineering services and product development IT, was selected by Michelin to display its electric MObility (eMO) engineering study EV as part of the Michelin Challenge Design display at the 2012 North American International Auto Show (NAIAS) in Detroit. —Kevin Fisher.
The goal of USCAR is to further strengthen the technology base of the domestic autoindustry through cooperative research and development. All USCAR Member companies have joined in becoming signatories of the Responsible Raw Materials Initiative (RRMI, now part of the Responsible Minerals Initiative, RMI) Declaration of Support.
The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles. For inner panels and structural parts, Aleris developed different Ecolite grades with different strength levels.
The brief is part of a series of subject-specific research projects by MIT faculty that will help frame national discussion and policies about work, technology, and how we can create greater shared prosperity in the country. The brief considers the current state of automated driving technology and its potential impact on jobs.
The upcoming review of the Energy Performance of Buildings Directive (EPBD) is an essential part of the transition towards zero emission transport in the future, T&E and autoindustry association […].
Last month, the outlet reported discounts upwards of $12,500 in certain parts of the country. The Great Depression quickly put an end to that way of thinking by quickly bankrupting roughly half of the autoindustry. From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9%
This while VIO is up 1.5%, a rate the autoindustry hasn’t seen in the US since 2004-2005. Because of improved quality and consumers holding their cars and light trucks longer, vehicles 12-plus years old continue to grow and will increase by 15% by 2019.
“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. These components account for more than 75% of autoparts imported into the country. To be sure, China dominates autoparts supplies to India.
Electric cars may be seen by some as part of a seemingly unstoppable, powerful technological wave that will disrupt not just the autoindustry but most other forms of transportation.
Tesla’s approach to using giant casting machines, nicknamed Giga Press, to make car bodies with just a few massive casted parts is catching on in the autoindustry. A Tesla supplier says that it is working with about half a dozen other automakers taking the same approach.
Auto manufacturers must participate in the startup ecosystem to stay ahead of the rapid shift in the autoindustry,” said Jim Adler, managing director of Toyota AI Ventures. Sea Machines: Building autonomous control and navigation systems for the maritime industry.
China will be an integral part of the Group’s “Future Tracks” initiative, which addresses the nascent digitalization era in the autoindustry. Earlier post.). China Electric (Battery) Hybrids Plug-ins Vehicle Manufacturers'
Headquartered in Ann Arbor, the center sits near the heart of the US autoindustry and represents Illinois, Indiana, Minnesota, Ohio and Wisconsin, as well as Michigan. CCAT is part of an expansive University of Michigan portfolio of research tied to the future of mobility.
As part of the project, they will collaborate on a series of configurations using the Hillcrest inverter in the Hercules electric propulsion system to test and work towards the end goal of demonstrating a powertrain containing an optimized Hillcrest inverter. liters and anticipated power density of ± 50 kW/L.
Geismar has increased its workforce by more than 20 percent and supported nearly 1,400 construction jobs as part of this project. Nearly every carmaker in the autoindustry plans to use the refrigerant in at least one of their US models to take advantage of its numerous environmental benefits.
As part of those actions, which include hiring a new President and CEO (Anning Chen) for Ford China, Ford China is elevated to a stand-alone business unit reporting to Ford global headquarters. Chen, a seasoned, highly qualified 25-year autoindustry veteran, returns to Ford as president and CEO of Ford China, effective November 1.
For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other autoindustry leaders worth a combined $24 million. Legislative pressure and socioeconomic forces are compelling the autoindustry to deliver unparalleled technological advancement at an unprecedented rate.
This agreement is just the beginning, and a key part of our plan to vertically integrate key technologies and capabilities that will differentiate Ford far into the future. —Jim Farley, Ford president and CEO. The collaboration leverages both companies’ strengths to better compete, innovate and serve customers.
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