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Automotive: Page 135

Automotive Sales Continue Upswing in Western Europe in August

The Western European passenger car market recorded another strong uplift in sales volumes in August with a 10.3 percent year-on-year rise in sales to 706,041 units, according to the latest IHS Automotive forecast. This further pulled up the year-to-date increase for the first eight months of the year by 8.5 percent year over year to 10.07 million units. Following August's result, the final adjusted trend-cycle seasonally adjusted annual rate of sales showed its highest level since February 2010 with a figure of 13.4 million units.

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Advances in Autonomous Vehicle Technology Drive Burgeoning Market

Some 85 million autonomous-capable vehicles are expected to be sold annually around the world by 2035, according to Navigant Research.

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Sales, Prices of Used Class 8 Trucks Continue to Rise

Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

Are Makers of IoT Devices, Systems Obligated to Build in Anti-hacking Security?

With the current state of IoT security, we might call it the Internet-of-Vulnerable-Things. It's all the more alarming because of the types of physical machines/systems that are increasingly network-connected - traffic lights, airplanes, nuclear power plants, and other critical or potentially lethal systems.

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With Future of Lithium-Ion Battery Market Secure, Manufacturers Focus on Cutting Costs

The global market for lithium-ion batteries for vehicles is expected to grow from $7.8bn in 2015 to $30.6bn in 2024, according to a report from Navigant Research.

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Tianjin Automobile Supply Chain, Disrupted by Blasts, May Take Several Months to Recover

IHS Automotive estimates a production loss of 2,200 cars per day at Toyota's plants as a result of the recent explosions in China's Port of Tianjin.

Re-Framing Transportation

Challenge: A leading OEM required significant flatbed capacity and more efficient scheduling for transporting frames from supplier to assembly plants.

Iran Highly Attractive to Automotive Industry

Iran has traditionally been a high-volume automotive market, whose geographic advantage has endowed it the potential to serve as a production hub in the Middle East. The recent lifting of economic sanctions has burnished the country's reputation as a business hotbed, with the automotive market expected to grow at a compound annual growth rate of 13.4 per cent from 2014 to 2022. Unsurprisingly, global original equipment manufacturers, suppliers and other market participants are exhibiting unprecedented eagerness to be a part of the Iranian growth story.

Connected Fleets Conference & Exhibition Returns to Atlanta this Fall

Natural Gas Stations Predicted to Reach Almost 39,000 Over Next 10 Years

The total number of global natural gas refueling stations is expected to grow from 23,001 in 2015 to 38,887 in 2025, according to a Navigant Research report.

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Will Hacking Put Brakes on Use of Internet-connected Cars?

When two technology researchers said they had wirelessly hacked a Jeep Cherokee through its internet-connected system, taking control of the engine, brakes and even steering under certain conditions, automakers scrambled to reassure customers that security was a top priority.

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Mercedes Initiative Targets Reduction of 20 Percent in Supply Chain Costs Per Vehicle

Mercedes-Benz is investing hundreds of millions in a global reorganization of its supply chain network that will set the course for growth and efficiency with the goal of reducing supply chain costs by 20 percent per vehicle.

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