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Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia.Emerging automobile markets already buy more cars than established markets. Perhaps the automotive industry must expand its definition to cover such innovations. Not to mention the online transportation apps,” President Jokowi said adding that currently cars have shifted from a product to service.

  • A radical rethink is required, from the assembly line to the dealership, from automaker to automotive technician.
  • Ford and Lio Ho Group have a joint venture called Ford Lio Ho, Ford owns 70% and Lio Ho Group owns 30%.
  • Finding more energy-efficient and environmentally friendly paint systems is a key challenge for automotive manufacturers.
  • Ampere A1 Compute, the first Arm-based instance from Oracle Cloud Infrastructure , sets new standards for enterprise apps and cloud-native workloads.
  • For example, fuel consumption is required to be set at least 20 kilometers per liter while the car must consist – for 85 percent – of locally manufactured components .

General Motors and SAIC Motor, both have two joint ventures in SAIC-GM and SAIC-GM-Wuling. In 2022, Tesla’s Gigafactory Berlin-Brandenburg ran into legal challenges due to droughts and falling groundwater levels in the region. Brandenburg’s Economy Minister Joerg Steinbach said that while water supply was sufficient during the first stage, more would be needed Automotive once Tesla expands the site. The factory would nearly double the water consumption in the Gruenheide area, with 1.4 million cubic meters being contracted from local authorities per year — enough for a city of around 40,000 people. Steinbach said that the authorities would like to drill for more water there and outsource any additional supply if necessary.

Adopt turnkey automation and positioning solutions — from machine control to fully autonomous — that reduce inputs, optimise yields and assure safety-critical operations while ensuring sustainability and resiliency across crop lifecycles. Autonomous mobility research and development platforms that enable automation functionality across a diverse set of control systems and industrial applications. Europe’s EV opportunity—and the charging infrastructure needed to meet it November 4, 2022 – To go carbon neutral by 2050, Europe needs more electric vehicles on the road—and many more EV chargers too. After effectively ending the economic slowdown in 2016, the Indonesian economy is expected to show accelerating economic in the years ahead, something that boosts people’s purchasing power as well as consumer confidence.

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SuppliersArm supply base is a source of excellence, quality standards and innovation for third-party products, goods and services. Arm Flexible AccessArm Flexible Access provides quick, easy, and unlimited access to a wide range of IP, tools and support to evaluate and fully design solutions. Today’s vehicular data involves a confusing array of formats and interfaces that differ by auto manufacturer.

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The country also needs to develop car component industries that support the car manufacturing industry. A global source of aftermarket insight enabling automotive professionals to maximize market share, identify emerging market trends and optimize inventory and product management. Polk Automotive Solutions by S&P Global Mobility is where automotive marketers turn for data-driven solutions, clarity, and insights. We have revolutionized the used car marketplace by sharing trusted vehicle history and valuation information that helps millions of people shop, buy, service and sell used cars with more confidence. We can also help OEMs’ increase aftersales opportunities and facilitate recall campaigns. We help national sales companies and dealers predict future buyers from their loyal, service-not-sold and conquest portfolio.