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Auto News 07/2018

Magna warns automotive tariffs would 'irreversibly harm' US as well as Canada
“The imposition of tariffs or other trade barriers on imported automobiles and/or automotive parts would weaken the U.S. economy and threaten to undermine the entire U.S. automotive industry, putting global competitiveness at risk and making the U.S. a ...

Detroit Spinning Out Fuels China's Auto Dreams
In draft rules released quietly last month, the National Development and Reform Commission laid out a blueprint that will effectively transform the auto industry. It gave participants unusually short notice to comment, as Mark Schaub of law firm King ...

Future of SA car industry is seen as dependent on Africa
Schäfer said that as chair of the AAAM he was pushing in the long term to connect the major countries in Africa to establish a pan-African automotive industry collaboration, which would probably include South Africa, Nigeria and Kenya and possibly ...

Trade Troubles: Ohio Valley Auto Industry Hopes To Dodge Trump Tariffs
The Ohio Valley's auto manufacturing industry is growing increasingly nervous about the Trump administration's trade policy. First came tariffs on steel and aluminum imports, key materials for vehicle makers. Now, the Commerce Department is looking ...

Car companies issue tariffs warnings
A number of companies have responded to US Department of Commerce to warn that proposed US import tariffs of 20% would harm the US auto industry. General Motors, BMW and Toyota are among the companies who have formally filed letters on the ...

Trade Troubles: Ohio Valley Auto Industry Hopes To Dodge Trump ...
Trade Troubles: Ohio Valley Auto Industry Hopes To Dodge Trump ...

Automakers are blasting Trump's idea to impose tariffs on imported cars and trucks
President Donald Trump's threat to impose tariffs on imported cars and trucks is being met with an outcry from the automotive industry. Trump has directed the Department of Commerce to begin an investigation into imported autos under Section 232 of the ...

Trump's tariffs will lead to job losses, warns General Motors CEO
That threat has triggered a sharp backlash from across the auto industry — something all the more significant because critics even include domestic automakers, like GM, that have, in the past, raised concerns about unfair trade practices. Last week ...

Why undermining fuel efficiency standards would harm the US auto industry
The U.S. auto industry has rebounded well from its near collapse during the financial crisis. Auto suppliers in particular have done well, increasing employment more than 50 percent since 2008. Central to all of this has been the creation of a single ...

Putting people first in the automotive industry
The turnover rate of people in the automotive industry is high – some dealerships have turnover rates as high as 70 – 80% – and should be a concern for all. The question therefore arises – why is this the case and what can be done about it? As a start ...

How Assisting Robotics Helps the Automotive Industry
Robotics drives today's smart manufacturing lines in the automotive sector, but new technologies are making these robots even more efficient. In today's smart manufacturing processes, robotics are central to efficient and accurate production. But even ...

PFA bangs French manufacturing drum
Luc Chatel, previously Education Minister and now president of the Plateforme Automobile (PFA) body representing the industry, made his clarion call at the recent Forum on the European Automotive Industry (FEAL) in Lille, grouping suppliers, OEMs and ...

Auto industry touts strong sales, but tariff talk clouds picture
Auto sales continued their solid showing for the first half of 2018, but storm clouds in the form of tariff talk, higher incentive spending and tightening credit could dampen results in coming months. Emily Kolinski Morris, Ford's chief economist ...

Osinbajo Says Focus On Vehicle Re-financing Will Boost Automotive Industry
Vice President Yemi Osinbajo (SAN), has called on stakeholders in the African automotive industry to pay more attention to vehicle refinancing because according to him, it is impossible to have a successful automotive sector without a robust vehicle ...

Osinbajo urges automotive industry stakeholders to focus on vehicle financing
The Vice President, Prof. Yemi Osinbajo, has called on stakeholders in the automotive industry to pay more attention to vehicle refinancing to advance the sector.The vice president made the call on Tuesday when he received at the Presidential Villa a ...

Featuring Innovations and Latest Technology from Automotive Industry, GAIKINDO Indonesia International Auto Show ...
Featuring Innovations and Latest Technology from Automotive Industry, GAIKINDO Indonesia International Auto Show ...

COMMENT: UK auto industry's Brexit dilemma: will of the people versus fiduciary duty
For a business to operate successfully and to have any confidence in its future, it needs an environment that is both transparent and predictable. For anyone involved in determining their industry strategy in the UK at present – and for readers of this ...

Renault outlines Level 2 to Level 4 autonomous thinking
"For Renault – like all car manufacturers – we offer cars at Level 2; that has really improved road safety," said Renault autonomous driving chief engineer, Laurent Taupin at the recent Forum on the European Automotive Industry (FEAL) in Lille ...

Benin Auto Park : Obaseki hosts global automotive industry players, assures on incentives
The Edo State Governor, Mr. Godwin Obaseki, has assured global automotive industry players, including BMW, Bosch, Toyota, Volkswagen, Ford, Uber, among others, of the state's readiness to provide mouthwatering incentives and other business-friendly ...

Forum will analyse future of automotive industry in SA
The South African motor industry is in a state of flux as it waits to hear the government's final master plan for the industry for the period 2020-35. An announcement is expected later this year. In the meantime, Nico Vermeulen, executive director of ...

Coega SEZ automotive Hub - a trailblazer in the automotive industry
Having established itself as leader in the socio-economic development of the Eastern Cape, whilst making the province an attractive investment destination, it's no surprise that Coega SEZ is fast becoming a hub for the automotive industry. The Coega ...

FEAL - Faurecia and Valeo outline future thinking
Faurecia says it is developing its 'Life on Board' strategy as it looks to capitalise on the move to autonomous driving. The supplier made its comments at the recent Forum on the European Automotive Industry (FEAL) in Lille, grouping suppliers, OEMs ...

Growth of automotive industry
The volume of machinery production increased more than 12% since the beginning of the year. Significant growth is observed in the automotive sector. According to the Ministry of Investment and Development, the demand for both the domestic and external ...

ETFs & Stocks to Buy on Auto Industry's Resilient 1H
Thanks to high consumer confidence and low unemployment, the auto industry has proved resilient so far in 2018, dodging the negative impacts of higher gas prices, rising interest rates and tariff threats. Auto sales rose 1.8% from the year-ago level in ...

BYD and Changan Automobile launch battery JV
"This cooperation not only serves as a model of industry cooperation, it also sets a new benchmark for China's smart car and new energy vehicle industry," said President of Changan Automobile Zhu Huarong. "We will pave the way for a revolution in the ...

It's Time for the Auto Industry to Get on the Same Level as Other Brands
Before I can turn the ignition key in my car, I need to complete one critical task. I affix my smartphone to the top of the dash, plug it in and render the car's god-awful native interface invisible, safely covered up by my beloved iPhone X. Sound ...

Government urged to stop 'squabbling' over Brexit and save car industry as Jaguar Land Rover warns of closures
The government must take action and stop “squabbling” about Brexit in order to save the UK's car industry, union leaders and analysts have warned. The criticism followed a warning from Jaguar Land Rover (JLR) boss Ralf Speth that a “bad” Brexit deal ...

British auto industry fears consequences of unsatisfactory Brexit deal
LONDON, July 5 (Xinhua) -- The British automotive industry faces a threat to investment and to exports if there is a Brexit agreement which fails to produce favorable outcome on trade and tariffs, according to an industry body. The Society of Motor ...

Services planned for Lorraine Schultz, the late founder of group promoting women in the auto industry
Memorial services have been planned for the late Lorraine Schultz, who spearheaded the Women's Automotive Association International -- a nonprofit organization that provided scholarships and networking opportunities to women in an industry long ...

Tariffs create uncertainty in automotive industry, says former Toyota exec
Tariffs create uncertainty in automotive industry, says former Toyota exec  CNBCThe Trump administration's tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC. “The reality is that tariffs ...

United States: Automotive Industry Insights - Summer 2018 (Video)
The auto industry showed signs of moderate improvement in the beginning of 2018, as global sales and earnings increased. The automotive industry continues to evolve as electrification gains a stronger foothold globally but North American automakers ...

How could a 'no-deal' Brexit affect the UK car industry?
Jaguar Land Rover is the latest to warn that changes in the trade relationship with the EU after Brexit will jeopardise jobs here. The CEO Ralf Speth said yesterday: “If the UK automotive industry is to remain globally competitive and protect 300,000 ...

Auto Industry's $300B Bet on EVs, AVs Is Risky But Vital
If there's any doubt that a revolution is underway in the automotive industry, just follow the money. In just the last five years, more than $60 billion has been spent on developing autonomous vehicle technology, while a whopping $255 billion will be ...

Big Data and Its Impact on the Automotive industry
This era is all about big data, which is transforming the shape of various sectors, including, banking, finance, healthcare and many more, and the automotive industry is no exception. The big data boom is creating the outline for future technological ...

Daimler gets approval for driverless testing in Beijing
We demonstrate our commitment to furthering the development of China's automotive industry through continually expanding the scope of our local research and development. 'Inspired by China, innovating for China', we are dedicated to providing our ...

Auto trade war would put one-fifth of Canadian industry jobs at risk ...
Auto trade war would put one-fifth of Canadian industry jobs at risk ...

EPA's Pruitt leaves uncertainty in his wake
WASHINGTON — In 17 short months in office, Scott Pruitt proved to be a relentless warrior for deregulation but a disruptive force for the automotive industry. Pruitt resigned as EPA administrator last week as mounting ethics scandals undercut his ...

Israel Is Now Becoming A Big Player In The Global Auto Industry
Israel, well-known for its technology startup environment, and innovation is trying to become a major player in the global automotive industry. They have been making steady progress over the years to moving closer to this goal, for example, just last ...

Columnist's goodbye reflections on a complex industry
Someday soon, when I'm riding in an autonomous electric flying car, heading to a restaurant that my vehicle decided I would like after it decided I was hungry, I'll look back to the current automotive era and think, "Wow, that was so last decade!" You ...

Israel Is Now Becoming A Big Player In The Global Auto Industry
Israel, well-known for its technology startup environment, and innovation is trying to become a major player in the global automotive industry. They have been making steady progress over the years to moving closer to this goal, for example, just last ...

Brexit's come home - how the costs mount up
The original need to write on the subject was based on the automotive industry having become more vocal about the effects of Brexit as the possibility of a no-deal Brexit looked more plausible. JLR boss Ralf Speth had said that a "bad Brexit" would ...

Act FAST to get ahead of seven supplier disruptions
Underestimating the urgency of this challenge could leave suppliers in the digital dust. A new report by Oliver Wyman and the German Association of the Automotive Industry (VDA), Future Automotive industry STructure – FAST 2030, assesses the impact ...

Privacy Awareness Academy Announces New Automotive Industry Privacy Training Platform
"The automotive industry has discovered that generic Learning Management Systems alone can't produce desired results when training end-users in privacy awareness and cybersecurity hygiene." Penn cites a recent IBM study which revealed that 95% of all ...

Make in India for auto sector
The phased manner in which the licence raj was abolished, restrictive rules were curtailed and the economy was liberalised, played a distinct role in making Indian automotive industry a success story. In recent times, 'Make in India' for the automotive ...

How US-China trade war could damage auto industry: Former Toyota exec
How US-China trade war could damage auto industry: Former Toyota exec. 5:02 PM ET Fri, 6 July 2018. Jim Press, RML Automotive president and a former Toyota executive, discusses how auto tariffs are giving companies enormous uncertainty around ...

Volkswagen, auto industry operators explore prospects to set up in Nigeria
Volkswagen Group and 19 other automotive industry operators, investors and consultants say there are bright prospects of domesticating aspects of their manufacturing and supply value chain in Nigeria soon. The Chairman/Managing Director of Volkswagen ...

Bumi group defends open AP system, claims kept automotive ...
Bumi group defends open AP system, claims kept automotive ...

Hyundai and Baidu boost connected car cooperation
"The convergence of the ICT and automotive industry is happening at an unprecedented rate, motivating us to develop and provide new possibilities for our customers," said Kyowoong Choo, Director and Head of Infotainment Development Group at Hyundai ...

Siemens boss issues stark warning on e-mobility
A recent study commissioned by German labour union IG Metall concluded that the transition to electric mobility ('e-mobility') is putting at risk thousands of jobs in the German automotive industry that depend on current technologies. In particular ...

Can Europe's auto industry hit 95g by 2021?
The European Commission's tough targets come into effect in 2021, and the decline in diesel sales is causing problems for the OEMs. By Martin Kahl. Diesel has long played a vital part of the European automotive industry, with the fuel accounting for a ...


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