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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. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. How is AI helping to add value to your business?

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 However, passenger vehicle exports bucked the trend and registered growth, largely due to higher demand for sports utility vehicles.

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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

The joint venture that focuses on consulting and technology services for cloud and SAP S/4HANA includes industry solutions such as SAP Leonardo. XL2 is designed to enable end-to-end digital manufacturing, covering all central. Projects of the legally independent entity are to be carried out for Audi.

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NHTSA Tells Auto Industry Not to Comply With Massachusetts Data Laws

The Truth About Cars

The National Highway Traffic Safety Administration (NHTSA) has advised automakers not to comply with a Massachusetts vehicle telematics rule designed to ensure customers have control over what happens with their private data. Massachusetts is seeking to enforce a 2020 ballot initiative that was overwhelmingly approved by voters.

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Consumer Reports calls for major safety improvements across auto industry after NTSB findings in Tesla investigation

Green Car Congress

Manufacturers and NHTSA must make sure that these driver-assist systems come with critical safety features that actually verify drivers are monitoring the road and ready to take action at all times. This shouldn’t be considered optional.

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GlobalFoundries, Ford partner to address auto chip supply and meet growing demand

Green Car Congress

GlobalFoundries (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to boost chip supplies for Ford and the US automotive industry.

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