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2017 could challenge automotive industry on supply, demand

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2017 could challenge automotive industry on supply, demand

2017 could challenge automotive industry on supply, demand

2017 could challenge automotive industryon supply, demandDetroit, Michigan – Auto makers are on pace to build more new cars and light trucks in 2016 than in any other year, but efforts to reduce bloated inventories next year could lead to North America’s first production decline since the Great Recession.Record sales paces in the US, Canada and Mexico have kept plants busy.About 15 North American plants reportedly were running overtime through last week, nearly four times as many as the same period a year ago, according to the Automotive News data…
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Turkey’s automotive industry eyes $25 billion in exports in 2017: Association

Turkey’s automotive industry eyes $25 billion in exports in 2017: Association

– BUSINESS > Turkey’s automotive industryeyes $25 billion in exports in 2017: AssociationDHA photoTurkey’s automotive exports are expected to reach $25 billion in 2017 with an 8 percent increase from 2016, according to sector representatives.The head of the Turkish Automotive Parts Industry Association (TAYSAD), Alper Kanca, has said that around $10 billion of these exports will most likely be achieved by domestic suppliers.Turkey is the largest automotive exporter to Europe, Kanca said in a press meeting on Dec. 27, a follow-up press release said.European Union countries imported a total of 843,000 cars from Turkey in 2015, although the number included 480,000 from Japan and 376,000 from South Korea.“In the first 11 months of 2016, our production hit over 1.3 million units.The sector’s exports also exceeded $21.9 billion, which $8.3 billion of the exports were from automotive parts industry,” he said.“The automotive sector will most likely close this year with over 1.4 million units of production, a total market with 1 million units and $23 billion in exports,” he said, while adding that the output target for 2017 was 1.5 million units and the export target was $25 billion.Kanca said that the sector would focus on new alternative markets in addition to its existing markets, such as Iran, India, China and America.According to TAYSAD representatives, recent hikes in special consumption taxes and the lowering trend in the Turkish Lira may push down domestic demands in 2017.Meanwhile, automotive production in Turkey rose by 8 percent year-on-year in the first 11 months, according to a monthly Automotive Manufacturers Association (OSD) report released in mid-December.The OSD said that automakers in the country manufactured nearly 1,377,000 vehicles — including automobiles, light commercial vehicles and tractors — during the first 11 months, while automobile production increased by 18 percent, at 844,000, in the same period.According to the OSD report, the total production for the January-to-November period had never been so high.PHOTO GALLERY$
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New BlackBerry OS for automotive industry focuses on security

New BlackBerry OS for automotive industry focuses on security

– BlackBerry QNX is focusing on security with its newest operating system (OS) for connected and autonomous vehicles.At CES 2017 in Las Vegas this week, BlackBerry QNX launched its latest OS for the automotive industry – QMX Software Development Platform 7.0 (QNX SDP 7.0), a 64-bit OS that uses QNX technology such as Neutrino Realtime OS and Momentics Tool Suite to protect against system malfunctions, malware, and cyber attacks.“With the push toward connected and autonomous vehicles, the electronic architecture of cars is evolving – from a multitude of smaller processors each executing a dedicated function, to a set of high performance domain controllers, powered by 64-bit processors and graphical processing units,” BlackBerry QNX head and senior vice president, John Wall, said in a statement.
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BlackBerry (NASDAQ:BBRY)’s lunch QNX Software Development Platform 7.0, a 64-bit OS for the automotive industry

BlackBerry (NASDAQ:BBRY)’s lunch QNX Software Development Platform 7.0, a 64-bit OS for the automotive industry

– At International CES 2017, BlackBerry Ltd (NASDAQ:BBRY) announced QNX Software Development Platform 7.0, a 64-bit operating system for the automotive industry.At CES 2017, the technological capabilities of QNX SDP 7.0 will be demonstrated in BlackBerry QNX’s 2016 Jaguar XJ and 2017 Lincoln MKZ concept cars.Featuring the next-generation QNX Neutrino Realtime OS and QNX Momentics Tool Suite, the OS helps guard against system malfunctions, malware, and cyber attacks by implementing a multi-level, policy-driven security model that incorporates security technology from BlackBerry.
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