A critical sector for Turkey, the automotive components ecosystem is well poised. Story by: Deepti Thore and Ashish Bhatia The growth of the Turkish automotive industry can be attributed to the developments that took place in the 1950s when the first Turkish automotive products were produced in 1954. Like most markets where the roots of the automotive industry are known[Read More…]
By: Amit Sethi, Marketing Manager – NVM & NFC/RFID, STMicroelectronics, India Near Field communication (NFC), a bidirectional short-range communication technology, allows an interaction distance of a few centimeters and a maximum data rate of 424kb/s. It is designed for the safe and simple data exchange between two devices. A subset of RFID, NFC appears poised to expand beyond cell phones to[Read More…]
Car transmission can be broadly classified as manual transmission (MT) and automatic transmission (AT). With the Indian market being highly price conscious, it has primarily relied on manual transmission owing to lower cost (both upfront as well as over lifecycle towards maintenance expense) whereas automatic transmission was generally restricted to premium vehicle catering to a select audience. Worsening traffic[Read More…]
ACMA welcomed the measures given in the Union Budget providing the needed thrust to the economy and making it inclusive. The industry body expressed satisfaction on the focus on infrastructure development including roads and power, education, skilling, infrastructure development, ease of doing business and attracting investments. However, the area of concern for the industry is the reduction in the 200%[Read More…]
J Srikant Trailing the revenue trajectory of the auto industry, the auto component industry too recorded its first revenue de-growth in over a decade, falling by 2.1% in the financial year 2013-14. Auto Component Manufacturers Association (ACMA) today reported that the component industry has recorded a revenue of Rs 2,11,700 crore in FY 2013-14 as compared to Rs 2,16,000[Read More…]
Frost & Sullivan recently concluded its study on “Competitive Benchmarking of OEM Practices for Passenger Vehicles Retail in India”, an exclusive study done for FADA (Federation of Automobile Dealers Associations). The study was to present a competitive analysis of the best OEM practices for passenger vehicle retail in India and give recommendations for improvements and sustainability of the business. Declining[Read More…]
The Indian Forging Industry has always been a major growth driver of the Indian manufacturing sector and is one of the important industries for the success of automobile, power sector and general engineering in the country. The Association of Indian Forging Industry (AIFI) is the umbrella organization of the forging Industry in India with more than 250 members across India.[Read More…]
While a major distribution group in France collects data to support a planned expansion in Poland and neighbouring countries, an established Tier-one supplier of mechanical engine parts in Belgium explores the potential launch of electrical components to customers in southern Europe. A major automaker at the same time commissions a study to analyse pricing and recommended inventory levels for spare[Read More…]
Dr. Rolf Bulander: “We are seeing a sea-change in North America” – engines are becoming smaller, and efficiency ever more important Dr. Rolf Bulander: “Electric cars are about the wow factor, not pure economics” Gasoline direct injection saves fuel yet delivers high torque and agility in every vehicle class Big-block and V8 are not the only engines – American attitudes[Read More…]
The global automotive market has seen tremendous growth since 2010 recording a Year on Year (YoY) growth of 3.9 percent in 2013 compared to 2012; to approximately 83.5 million vehicles and is expected to grow to 107.9 million vehicles by 2020.
