Equipment and Tool Institute (ETI)’s Post

🚗 𝗙𝗔𝗚𝗘𝗡𝗔𝗨𝗧𝗢 𝗷𝗼𝗶𝗻𝘀 𝗖𝗘𝗖𝗥𝗔 𝘁𝗼 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻 𝘁𝗵𝗲 𝗿𝗲𝗽𝗿𝗲𝘀𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻 𝗘𝘂𝗿𝗼𝗽𝗲 🌍 At FAGENAUTO, we take another important step in our commitment to automotive agents and repairers in Spain and Europe. We are joining CECRA, a key organization in defending our sector, to strengthen our voice in shaping decisions that will define the future of mobility. 🔹 We firmly believe that the unity of key players in the sector is essential to successfully address current and future challenges. 🔹 Technological transformation, regulatory changes, and new consumer trends require strong and cohesive representation. 🔹 This partnership will allow us to expand our influence in Europe and ensure that industry professionals have the necessary support in this period of change. We thank CECRA for their warm welcome and reaffirm our commitment to actively contributing to the development of our industry. Together, we will achieve great milestones for the benefit of all. #Automotive #FAGENAUTO #CECRA #Mobility #AutomotiveSector #UnitedForTheFuture 🚀

Less then 6 weeks away to indulge in meaty discussions impacting #disruption #change #growth and #automotive #evsupplychain #ontario #canada #APMA72 hosted by Automotive Parts Manufacturers' Association (APMA) Looking forward to catching up with friends, customers and partners w Pat Mariles Don Winston TrueCommerce Milton Punsammy CQA, CMQOE, Lean B.

🌍 The Future of European Automotive Distribution: Are You Prepared to Address the Challenges? 🚘 The automotive distribution sector in Europe stands at a pivotal moment. With the energy transition, regulatory demands, the digitalisation of customer journeys, and emerging business models, the challenges ahead are reshaping the industry landscape. 📉 How can margins be safeguarded amidst intensifying pressures? 💻 What strategies can transform these challenges into avenues for growth? ♻️ How can distributors align with customer expectations while meeting sustainability imperatives? These critical issues will take centre stage during the VIP Automotive Congress, scheduled for 11–12 December in Brussels. https://lnkd.in/e4TH_FTq 🚀 Programme Highlights: ✔️ Keynotes delivered by renowned industry experts, offering cutting-edge insights on market trends and regulatory developments. ✔️ Panel discussions featuring CEOs and founders from Europe’s leading automotive distribution groups, sharing their strategic perspectives. ✔️ Bespoke workshops designed to deliver practical, actionable solutions to the most pressing operational challenges. ✔️ Unparalleled networking opportunities with senior executives and decision-makers shaping the future of the sector. Notable speakers include: 🔹 Bartholome Francis Xavier HORENT Arne Joswig Benjamin Krieger Diogo Pinto José Ignacio Moya Cisneros, Massimo Artusi, Gerardo Pérez Giménez; respectively heads of the most prominent automotive professional associations in Europe #Mobilians #ZDK #Clepa #FIA #Faconauto #Federauto #AECDR 🔹 Jean-Philippe Imparato Ivan SEGAL Bernhard Kuhnt, respectively leaders of the #Stellantis, #Renault #BMW groups 🔹 Marieke Scholz, Deputy Head of Unit Antitrust Case Support & Policy at the #EuropeanCommission, an authority on competition law, antitrust policy, and regulatory frameworks in the European Union; José BAGHDAD, #PWC leading specialist in Automotive sector 🔹Amaury de Bourmont, Sven Morrkopf, Massimo Artusi, Gerardo Pérez Giménez, Eric Cortois, Martijn Storm respectively Leaders of the largest automotive distribution groups in Europe #CarAvenue, #Japemasa #MorkopfGMBH, #RomanaDieselSPA#D'Ieteren #Fahrzeug-WerkeLUEGAG This is not merely an event; it is a forum for collaboration, innovation, and shaping the future of automotive distribution across Europe. Join us and be part of the conversation. 👉 For further information and registration https://lnkd.in/eegNR9An #AutomotiveDistribution #EnergyTransition #Innovation #Leadership #AutomotiveCongres

We’re back and refreshed for this afternoon’s trade sessions with Luca de Meo from European Automobile Manufacturers' Association (ACEA). Followed by a panel discussion on the “Brussels Effect” and how can Europe set the stage and navigate the implications for competitiveness in a rapidly changing landscape. 🚗💡 Don’t miss this opportunity to explore the future of European’s industry! #POLITICOCompetitiveWeek

Stellantis Middle East and Africa H1 Results Highlights #Stellantis' important product-led transition year is underway, delivering €5.6 billion net profit and €85.0 billion net revenues in the first half of 2024. Results are down compared to 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs. The Company reports AOI margin of 10%, reflecting direct materials, workforce and logistics cost reductions that helped to mitigate the revenue decline. In this challenging global context, the MEA region has shown resilience resulting in reaching N1 position in the LCV segment while maintaining our N2 overall market position and delivering a strong AOI margin of 20.9%. We remain focused and confident that our Deep Localization Strategy will allow us to fully harvest the business potentials of the region and it will lead us to our ambition of reaching the N1 overall market position. Allow me to take this opportunity to warmly thank every member of Stellantis MEA and our Partners for their commitment and contribution. Discover more: https://lnkd.in/edmdCT6M

Last week, I had the privilege of attending the MAJOSZ (Hungarian Association of Automotive Component Manufacturers) conference, which brought together dozens of industry experts to discuss the latest trends, and the future of the automotive sector. I could have participated in a roundtable discussion focusing on the current state of the automotive industry alongside other automotive leaders from Hungary with an insightful exchange of ideas and perspectives, highlighting the challenges and opportunities we face in this dynamic landscape. Many thanks for the insights! #ContinentalHungary #MAJOSZ #AutomotiveIndustry #Industry40 #Networking #Innovation

Excellence is the core matter.

On April 25th GiPA Mexico held the ATO 2024 plenary session.  An event highly anticipated by the aftersales community in Mexico to assess the size of the market and the opportunities in the sector.  With over 70 esteemed attendees, including key leaders in the automotive aftermarket industry, the event served as a platform to unveil initiatives while offering a glimpse into GiPA major event plans for September in Mexico.  Stay tuned for more updates in the coming weeks as we unveil further details. Make sure to follow GiPA's social media channels for the latest insights and announcements. #automotiveaftermarket #marketinsights #marketintelligence #brand #automotive #marketresearch #mexico

#DrivingLocalisation: NAACAM congratulates Volkswagen Group Africa on its announcement of a R4 billion investment in its manufacturing plant in Kariega to support the production of a third model at the facility. Speaking at the announcement, Martina Biene Chairperson and Managing Director of Volkswagen Group Africa, reiterated the company’s commitment to South Africa and noted that not only is the announcement a vote of confidence in the future of the plant but it will also futureproof jobs both within Volkswagen and within the supplier network. The investment will primarily be spent on the production facilities, manufacturing tooling, local content tooling and quality assurance. Localisation will remain a priority for Volkswagen, with the new model aiming to achieve and grow from approximately 40% local content. The existing Polo and Vivo models are currently achieving local content levels of respectively 46% and 58%. NAACAM CEO, Renai Moothilal congratulated Volkswagen and welcomed the investment and announcement of a third model, reflecting, “this investment is a firm display of Volkswagen’s commitment to the country and confidence in the local supplier base. NAACAM and its members look forward to continuing to work with the Volkswagen team to drive localisation and the further development of the domestic automotive industry.” #NAACAMProud #WeAreNAACAM Toni Zecevic Ugo Frigerio Andrea Moz Thamsanqa Arthur Mtombeni Mikel MABASA Denise van Huyssteen

Please reach out and let’s meet next week in Malta to discuss how we can build out your banking and payments infrastructure!