RTC North’s Post

The transformation in the automotive ecosystem in the light of EV and SDV demands a flexible relationship between all actors involved: SW Specialist, Supplier and OEM. "Striking the right balance between bought-in expert technological innovation and in-house investment around future trends will determine the winners." Dirk Kesselgruber, GKN Automotive According to Financial Times much of the cost pressure ahead of suppliers comes from the need to invest in EVs at the same time as maintaining share in the combustion engine market. The suppliers are “double spending on double platforms - everything is double, except for growth or profit.” Christian Kames, Lazard This leaves the Tier1 & Tier2 in an exceptionally challenging position in the very epicenter of these dynamics. It'll be paramount to decide about an effective strategy and to partner with competent, innovative and trustworthy experts, Grape Up & Addepto #automotive #suppliers #oem #experts #ev #sdv #softwaredevelopment #batman

The automotive industry is showing signs of recovery despite a tough start to 2024, with low January sales and high interest rates. Sales have increased by 5.6% in the first quarter. While dealers grapple with high-interest rates and inventory challenges, manufacturers are adjusting by offering more incentives and focusing on strategic fleet sales. The Federal Reserve's possible rate cuts and industry production tweaks could help stabilize the market. More information is available in the latest Hilco Global Smarter Perspective: https://lnkd.in/eDdiRxh5 #Automotive #Vehicle #InterestRates #HilcoGlobal

Starting 2024 with low January sales and high interest rates, the automotive industry has still managed to show resilience, with a 5.6% sales increase in the first quarter. Dealers are feeling the strain from high-interest rates and inventory issues, but manufacturers are adapting by boosting incentives and focusing on strategic fleet sales. The Federal Reserve's potential rate cuts and industry production adjustments could stabilize the market further. Economists are looking for additional positive indicators to adjust their forecasts upward for the year. More details can be found in the latest Hilco Global Smarter Perspective: https://lnkd.in/gR4H2zZP #Automotive #Vehicle #InterestRates #HilcoGlobal

New in this edition: Updated F/CMVSS charts and summaries; New shortened altered stage label information and example; Improved organization for readability and search functionality. #vehiclecertification #worktrucks

The net sales data for Q3 2023 revealed that the Hilco Global Parts Index (HPI or the Index) experienced a 4.7% growth, reaching $22.0 billion among its five member companies, compared to Q3 2022. In alignment with this, the trailing twelve-month (TTM) sales amounted to $81.6 billion, showing a 5.4% increase from the TTM sales concluding with Q3 2022. Read more about the index here: https://lnkd.in/gXGeJmeS #Automotive #AutoParts #HilcoGlobal #HilcoValuationServices #AutoIndustry

Although 2024 began with sluggish January sales and steep interest rates, the automotive industry is demonstrating resilience, boasting a 5.6% sales increase in the first quarter. Dealers are contending with high-interest rates and inventory issues, yet manufacturers are responding with enhanced incentives and strategic fleet sales. Potential rate cuts by the Federal Reserve and production adjustments within the industry could further stabilize the market. For more details, refer to the latest Hilco Global Smarter Perspective: https://lnkd.in/eKie_NbG #Automotive #Vehicle #InterestRates #HilcoGlobal

Is the EU's automotive sector ready to switch gears? ⚙️ The automotive industry is transforming, are regions in the EU ready? Shift to electric vehicles, labor shortages, and retraining are among the main challenges regions face. This new study from our #COTER Commission explores the preparedness of different European regions for the upcoming transformation of the automotive sector. And proposes strategies to alleviate potential challenges. 📖 ⬇️ Dive into the results. #AutomotiveRegionsAlliance

The net sales data for Q3 2023 revealed that the Hilco Global Parts Index (HPI or the Index) experienced a 4.7% growth, reaching $22.0 billion among its five member companies, compared to Q3 2022. In alignment with this, the trailing twelve-month (TTM) sales amounted to $81.6 billion, showing a 5.4% increase from the TTM sales concluding with Q3 2022. Read more about the index here: https://lnkd.in/exXWf48Z #Automotive #AutoParts #HilcoGlobal #HilcoValuationServices #AutoIndustry

In room with the CLEPA - European Association of Automotive Suppliers audience of the automotive industry professionals, Debbie Capell sharing latest trends and numbers, S&P Global Mobility Key questions facing the industry, backed by numbers and a look into the future. How many vehicles in Europe from Chinese OEMs ? From 0.2% (761k units) of the total European Vehicles-In-Operations in 2023 to a forecasted 2.8% (11.9 M units) in 2034. #amcon2024

The Friday interesting read. As part of the supply chain for the UK Automotive industry, it's good to see the SMMT rallying for further support from the next government over the coming years. This article from The Manufacturer goes into some of the details from Vision 2035: Ready to Grow, published this week at the 16th SMMT Automotive Summit.