V Lee’s Post

At the 64th Annual Event of ACMA, Dr. Pawan Goenka made a thought-provoking point by highlighting the auto narratives for various countries: Technology for Germany, Quality for Japan, and Value for Money for Korea. He asked a thought provoking question - “what is India’s narrative in the global automotive space?” In my view, India needs to build capability in achieving High Delivery Reliability for wider variety with Shorter Lead Times and Smaller MOQs (Minimum Order Quantities). In an era where flexibility and speed are paramount, this approach will enable Indian manufacturers to stand out, especially when catering to diverse and fast-evolving market demands. It's time we build our unique identity and drive the global conversation forward. #ViksitBharat #ACMA #ACMAAnnualSession #AutoIndustry #IndiaAuto #SupplyChainExcellence #Manufacturing Vector Consulting Group Pawan Goenka

The ACMA India (Automotive Component Manufacturers Association) held its 64th annual conclave on September 9, 2024 in New Delhi. The event saw industry stalwarts and stakeholders share their perspective on the present and the future of India’s automotive landscape. In fact, one theme that echoed across the sessions was the focus on – Sustainability – not just in terms of adopting greener technologies but also manufacturing, inclusivity and long-term vision. #Components #Automotive #India #Industry

Dr Rushi Anandan, Adjunct Professor - Strategy, K J Somaiya Institute of Management, shared his thoughts in an article titled 'Renault revs up for a comeback' published by Financial Express (India). The article discusses how Renault Group must elevate its strategy across product development, pricing, positioning and powertrain mix. Dr Rushi outlines the approach that Renault should implement and explains how these measures will contribute to significant cost reductions for the company. To read the entire article, check the link below: https://bit.ly/3LTudOR #KJSIM #KJSomaiyaInstituteofManagement #MBA #FacultyinNews #Renault #Nissan #ProductDevelopment #Pricing #Positioning #Strategy #Automobile

Together with RSB Automotive Consulting, next week, I will be attending the AutoSens automotive industry trade fair in Barcelona! 💡 I encourage you to get in touch and discuss innovations in the automotive sector.  See you there! ✈ #rsbac #autosens #incabin #adas #av #automotiveevent #industryexperts #eventportal #industryleaders #expertinsights #latesttech #innovation #networking #technicaldemo #engineers #supplychain #oem #tier1 #automotive

China Automotive Industry Market In-depth Assessment and Investment Opportunity Forecast Report 2024-2030’ (hereinafter referred to as the ‘Report’) launched by Wisdom Research Consulting provides a comprehensive overview and in-depth analysis of China's automotive market. Since its inception, China's automobile industry has achieved remarkable results after decades of development and has now become a global powerhouse in automobile production and sales. The development of China's automotive industry has not only led to advancements in automotive manufacturing but also promoted the continuous improvement of the automotive industry chain. This includes the manufacture of auto parts, automotive sales, repair and maintenance, and second-hand car trading, forming a complete system within China's automotive industry chain. With the continuous development of China's economy, the advancement of science and technology, and the enhancement of automotive intelligence and Internet connectivity, the scale of China's automotive industry continues to expand. Data shows that in 2023, China's automobile manufacturing industry had total assets of 108.6683 trillion yuan, an 11.7% increase year-on-year; operating income was 100.9758 trillion yuan, an 8.7% increase year-on-year; and total profit was 508.63 billion yuan, a 4.4% decrease year-on-year. Automobile lightweighting can reduce fuel consumption, lower usage costs, and reduce various pollutant emissions. In recent years, China has issued related policy documents such as ‘Made in China 2025’ and the ‘Parallel Management Approach for Average Fuel Consumption of Passenger Car Enterprises and New Energy Vehicle Points.’ These documents indicate that automotive lightweight technology is a key breakthrough direction and development trend in the current automotive industry. #Lightweight #LightweightAsia2024 #automotiveindustry To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center  Learn more：https://lnkd.in/gid2RGSb

ℹ 𝗗𝗘𝗪𝗘𝗧𝗥𝗢𝗡 𝗡𝗘𝗪𝗦   Another successful trade fair has just come to an end! 🥳   Last week, the Symposium on International Automotive Technology (SIAT) took place in India. In line with the theme of the event "Transformation Towards Progressive Mobility", there were many interesting discussions about the latest measurement technologies in the automotive industry.   If you would also like to talk about your measurement task, simply contact our experts: https://bit.ly/3HCG3KQ   #DEWETRON #TheMeasurableDifference #PowerAnalyzer #Measurement #Automotive #SIAT

The Indian automotive industry experienced remarkable growth in 2023, making it a highly successful year across various segments. Below is a summary highlighting some of the key fitments in the automotive industry during the year 2023.

By Edu Abade Approaches to building the local automotive components and parts manufacturing industry are topics that will be explored at this year’s West Africa Automotive Show Conference. The cornerstone and theme of the Conference is the status of the enabling environment and strategies to create it, especially within the ECOWAS and African Continent... By • Joshua Okoria

China's automobile manufacturing industry logs steady growth in Q1: … (Xinhua) -- China's automobile manufacturing industry registered strong expansion … from the China Association of Automobile Manufacturers showed. During the period … #car #cars #awesome

Accelerated adaptation of sustainable mobility worldwide has created an opportunity fundamentally through changes and transformation in three main areas : Regulation, Consumer Behavior, and Technology. Join us in this insightful conference on 2nd Feb, 2024 to know more about the changing dynamics of Automotive Industry. Details are below: #automechanika #ACMAAutomechanika #conference2024 #automotiveindustry #evehicles #electricvehicles #greenenergy #sustainability #environmentalmonitoring