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Think Tank
Automotive: Page 138
QuestaWeb Solution Automates Export Compliance for Both Manual and Electronic Shipments
Challenge: A U.S. manufacturer of consumer and business products exported globally using both electronic and manual processes. The firm sought to centralize all export compliance activities in one solution that could perform denied party screening and manage Export Control Classification Numbers (ECCNs) and export tariffs.
Suppliers Gear Up as Autonomous Vehicles Take to the Road
It is no longer a question of if but when autonomous vehicles (AVs) will hit the road. In the auto industry's most significant inflection in 100 years, vehicles with varying levels of self-driving capability - ranging from single-lane highway driving to autonomous valet parking to traffic jam autopilot - will start to become available to consumers as soon as mid-2015 or early 2016. Development of autonomous-driving technology is gaining momentum across a broad front that encompasses OEMs, suppliers, technology providers, academic institutions, municipal governments, and regulatory bodies.
As Auto Industry Takes Off, Chemicals Sector Hitches Ridev
Since 2009, global production has increased by about 25 million units, according to KPMG, and estimates put the current revenue for the auto industry at more than $2tr. Many analysts estimate that about 4 to 5 million new cars and light trucks will be in use each year in the near future. This isn't just good news for automakers - chemical manufacturers will also see a boost because of how the two industries are linked.
Biotech Leader Supports Life-Saving Mission with Resilinc Resiliency Solution
Challenge: One of the world's leading biotechnology providers with over $20B in revenue and a commitment to ensure that no patient ever goes without their life-saving medicine, needed to manage better the risk of disruption to its global life-sustaining supply chain. Key challenges included gaining visibility and working collaboratively with suppliers from all over the globe -- based in countries with different regulatory and geo-political environments and risks.
Predicted Growth Rate in Equipment Leasing in 2015 Revised Downward
The Equipment Leasing & Finance Foundation on Monday lowered its forecast for corporate investment in equipment and software. The foundation now expects investment to grow 5 percent in 2015, according to the second quarter update to the 2015 Equipment Leasing & Finance U.S. Economic Outlook. In December, the foundation had forecast 6 percent growth for the year.
Automotive Industry to See Robust Growth in Market for Stop-Start Systems
Vehicles with stop-start capability will account for 55 percent of all light-duty vehicles sold by 2024, increasing from 22 percent in 2015, according to Navigant Research.
Automakers to Vastly Increase Plastics in Cars, Triple Carbon Fiber in Vehicles
By 2020, the average car will incorporate nearly 350 kg of plastics, up from 200 kg in 2014, according to analyst IHS Chemical. Meanwhile, the market for carbon fiber in car manufacturing will increase to 9,800 tonnes in 2030, up from 3,400 tonnes in 2013.
Growing Car Sales Drive Multibillion-dollar Electronics Control Unit Market
The global automotive electronics control unit management market is predicted to grow at a CAGR of 6.3 percent from 2014 to 2020, meaning that the market's 2013 value of $28.6bn and should reach a net worth of $43.7bn by 2020.
WWL Opens Vehicle Processing Center at Tianjin FTZ
Wallenius Wilhelmsen Logistics (WWL), a global carrier of roll-on/roll-off cargoes and provider of logistics services, has opened a third vehicle processing center (VPC) in China.
Ford to Update Vehicles' Infotainment Software via Cloud
Ford Motor Co. is moving to automatically update its cars' infotainment systems using Microsoft's Azure cloud service.
For Third of Manufacturers, Disruption to Supply Chain Is of Huge Concern
A third (35 percent) of businesses in the manufacturing industry are extremely concerned about potential supply chain disruption, according to research released by BSI, the business standards company and the Business Continuity Institute (BCI).
Recalls in Automotive Industry Lead Reverse Logistics Activity in 2014, Report Says
Reverse logistics last year was punctuated by the record-breaking recall activity in the automotive industry, which created momentum that is now carrying into 2015. According to the Q4 Recall Index analysis from Stericycle, there was an unprecedented 74 million automotive units recalled throughout the year, an increase of 166 percent from 2013. Top affected products included air bags, which made up 34 percent of the total units recalled, and electrical systems, which impacted 31 percent of the units.
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