Independent auto restore shop’s buying of private-label/retail store-model pieces is going up. Practically 2/3rds of outlets system on rising their purchases over another two yr that is pushed by …
Reducing battery costs coupled with new battery chemistries could lead for the start of lower Value EVs in another couple of years, analysts say.
An article from Automotive industry outlook for 2024 Executives are altering strategies since they handle financial headwinds, a web of federal mandates along with the fallout of your United Automobile Staff deal.
Ford recollects 240K SUVs for loose seat belt bolts The automaker stated dealerships will exchange any faulty parts and provide repairs cost-free.
How automobile suppliers can put together for tariffs against copyright and Mexico Providers need to assess their supply chains and build enterprise-particular strategies, as fees and impacts could differ significantly, professionals say.
Vietnam-based EV startup VinFast had focused production of its VF7 and VF8 SUVs for final July but the organization recalibrated its timeline to “handle its brief-term spending extra correctly,” mitigating the risk of overcapacity in the current world EV marketplace.
” Rob took above Management of IMR adhering to Invoice Thompson’s retirement, after a lot more than 20 years of determination to the company. Reflecting on Invoice’s impact at IMR, Rob remarked, “Invoice did more than Create a terrific automotive research company. He was a associate and useful resource for his clientele, normally fielding urgent industry queries and brainstorming research alternatives. Our challenge is to continue that society.”
Our areas alternative price tracking study enables you to see changes in these rates around very long amounts of time and actually comprehend where the failures and replacements are developing.
The start of extra advanced automated driving attributes could also result in licensing chances for corporations like Waymo and Nuro, which could make it possible for additional automakers to provide these capabilities devoid of major investments in research, progress and screening.
Pete Ruggirello, Director of Gross sales at IMR, emphasized this adaptability: “To get in business for 50 several years, a company need to evolve to handle the at any time-altering demands of its shoppers. The industry has come to see IMR like a trusted advisor and difficulty solver.”
Generative AI, with its functionality to crank out new information, may make a substantial effect on the R&D process while in the automotive industry. In accordance with the 2024 McKinsey survey, necessities engineering, application tests and validation, and solution style and design and optimization are the most popular regions of experimentation.
IMR’s complete research and info-driven insights have performed an important job in guiding clients by vital business decisions, from solution growth and current market entry to aggressive tactic and shopper engagement. Looking ahead, Paul Mattioli, EVP of Endeavor Business Intelligence, IMR’s mother or father business, reinforced IMR’s commitment to the future: “For 50 years, IMR check here continues to be the automotive aftermarket’s reliable supply for precision info and unmatched industry insights.
The average range of company experts at impartial mend retailers was up in 2015, when compared with exactly the same time period in 2014, Based on IMR’s Restore Store Monitoring Examine. …
Automotive Dive dug deep into these trends as Section of its annual industry outlook bundle. Read the stories down below to learn more regarding the calendar year ahead.