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Automotive Industry in 2016: Record Sales! But…

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Automotive Industry in 2016: Record Sales! But…

Automotive Industry in 2016: Record Sales! But...

– Thursday, January 5, 2017As has been reported all over, it looks like the Automotive Industry will set some sales records in 2016 (see here, here, and here for example).As summarized by JD Power, “The full-year sales forecast of 17.5 million units would surpass the total from 2015 by about 5,000 units.Light trucks figure into the upsurge, along with higher incentives—eclipsing $4,000 per vehicle for the first time on record—as automakers clear out 2016 model-year vehicles.” When read that way, this news is less encouraging than it appears on its face.
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Volkswagen CDO’s Perspective Of How Digitization Is Transforming The Automotive Industry

Volkswagen CDO's Perspective Of How Digitization Is Transforming The Automotive Industry

– Apple Could Sink $1B Into Softbank’s Mega Tech FundAt the CES show yesterday, I met up with Johann Jungwirth, Volkswagen Group’s Chief Digital Officer.In a candid free-wheeling discussion he shared with me his views on digital transformation, its impact to the automotive industry, mobility and our future society.In his role, Johann reports directly to CEO Matthias Mueller and works closely with the group CIO and all the CDOs of the 12 brands.
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Positioning Canada’s Automotive Industry as a Leading Destination for Growth and Innovation

Positioning Canada's Automotive Industry as a Leading Destination for Growth and Innovation

– DETROIT, MI, Jan. 11, 2017 /CNW/ – The Canadian Automotive Partnership Council (CAPC), met today, during the North American International Auto Show, in Detroit, to discuss the growth and competitiveness of Canada’s automotive industry.CAPC members were joined by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development Canada, the Honourable Brad Duguid, Ontario’s Minister of Economic Development and Growth, and Deputy Minister Jocelin Dumas, Quebec’s Deputy Minister of the Economy, Science and Innovation.At the meeting, Mr. Ray Tanguay, Automotive Advisor to the Governments of Canada and Ontario, reported on his ongoing activities to promote Canada as a valued jurisdiction for manufacturing and developing new technologies.
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Here’s How Tech is Changing the Automotive Industry

Here’s How Tech is Changing the Automotive Industry

– All products and services featured are based solely on editorial selection.FORTUNE may receive compensation for some links to products and services on this website.Quotes delayed at least 15 minutes.
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Motoring Ahead: Investing in India’s Automotive Industry

Motoring Ahead: Investing in India’s Automotive Industry

– By Melissa CyrillIndia is a global leader in the automotive sector, backed by its domestic production capacity, market size, and exports.On average, the country’s automobile sector boasts of an annual production of around 24 million vehicles; the sector also employs over 29 million people (directly and indirectly).Breaking down its global position by industrysegment, India is the world’s largest tractor manufacturer, second largest two-wheeler manufacturer, second largest bus manufacturer, fifth largest heavy truck manufacturer, sixth largest car manufacturer, and eighth largest commercial vehicle manufacturer.
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