Trescal’s Post

I recommend that new document THE CRISIS FACING THE EU'S AUTOMOTIVE INDUSTRY https://lnkd.in/e4y4eeDq

𝗧𝗵𝗲 𝗰𝗿𝗶𝘀𝗶𝘀 𝗳𝗮𝗰𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝗨'𝘀 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 by European Parliament The #EU #automotivesector has a century-old tradition of producing #vehicles with internal combustion engines (#ICE). It enjoys a global reputation for #mechanicalengineering #excellence, #quality, #design and #creativity. Today, the #sector is at a #crossroads: the #greentransition, #digitalisation and global #competition (in particular #China's emergence as a leading global auto #exporter) have fundamentally altered the competitive environment. The sector must adapt its #businessmodel quickly to mitigate the #risks associated with these disruptive #trends. ⁉️ Can European companies thrive in the new competitive landscape? ⁉️ Navigating uncharted waters: A route to greater competitiveness

1930s-1940s: The automotive industry sees significant design and technological improvements, including the introduction of automatic transmissions, power steering, and improved engines.

From the automotive industry, a very rare occurance for a major corporation to walk back and admit pricing was too high for consumers: https://lnkd.in/gQRZkee6

Infomative... Global Automotive Idustry By Market Cap.. The global automotive industry is a large manufacturing sector that includes the production, distribution, and maintenance of motor vehicles. The Automotive industry is world's fastest growing industry, with a projected increase in value from $2,810.63 Billion in 2022 to $3,969.84 Billion by 2030... Let's take a look at the global Automotive industry by market cap in 2024..... 👇👇

Access to data from vehicles has been a hot topic for a while. Now that the new European Commission will take office soon, it is time for some stocktaking of what has been enacted in the past years. I am counting more than 30 different requirements in 24 laws that oblige OEMs to share in-vehicle data! And it's quite a mess... Overlapping & contradicting requirements, diverging definitions and so on. For the next 5 years, regulators & legislators should focus on making the existing laws work properly & define actual gaps before adding even more! European Automobile Manufacturers' Association (ACEA)

How is the automotive industry changing? We want to hear from those in the know. Share your thoughts in our survey—your expertise is key! https://lnkd.in/eCmk2Q36

OE quality: GERTAY developed OE 13621468624 compatible with BMW. In the automotive aftermarket, the quality and compatibility of accessories have always been the focus of consumers and repair businesses. The OE 13621468624 air flow sensor developed by GERTAY has undergone rigorous testing and quality control, and has achieved similar levels of material selection, manufacturing process and performance as the original BMW. The successful R&D of the OE 13621468624 air flow sensor is just the beginning. We will continue to increase research and development input, introduce more OE quality air flow sensors suitable for different brands and models, and make greater contributions to the development of the automotive aftermarket. GERTAY always be with customers.

💥💰$22,000 per minute... 💡Did you know? Unplanned downtime costs industrial manufacturers up to 💰💰💰 $50 billion annually. 💵💰 The average automotive manufacturer loses $22,000 per minute when the production line stops. It is essential to stay in control. Use IFS Ultimo to minimize failures and maximize uptime. Learn more: https://ifs.link/xOq87J