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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

Headquartered in Ann Arbor, the center sits near the heart of the US auto industry and represents Illinois, Indiana, Minnesota, Ohio and Wisconsin, as well as Michigan. CCAT is part of an expansive University of Michigan portfolio of research tied to the future of mobility.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Emerging nations have gone from being just sources of cheap parts and labor to being bona fide markets, not to mention bona fide competitors.

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Former VW boss Herbert Diess elected as chairman of chipmaker Infineon

Teslarati

Diess was part of Infineon’s supervisory board from 2015 to 2020. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. Infineon was the semiconductor arm of the German company Siemens. The Munich-based chipmaker purchased U.S.

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CAR: US light-duty vehicle sales to dip in 2019

Green Car Congress

US Light Vehicle Sales, 2015-2018, and CAR’s Forecast, 2019-2025. CAR’s forecast includes a continuation of sales declines in 2020 and 2021 down to 16.5 million units in 2021. CAR projects sales to rebound to 16.8 million units by 2022 and continue an upward trend through 2025.

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