Register Today: Automotive Industry Trends and Their Affect on the Tooling Industry
Tooling is a critical but often overlooked part of the automotive industry as a whole. The design and development of tools is an important process in the production of automobiles today.
Join the SAA on November 14 as it examines the state of the tooling industry. Key discussions will include:
- Review key 2017 automotive industry trends and their impact on the tooling industry
- How a shift in the automotive marketplace is driving the development of primary and secondary tooling shops
- The role China, Canada and Mexico will play in the future of tooling
- A look at where the tooling market is going in the next 24-36 months
After the tooling discussion, attendees will receive a tour of the Hirotec facility. Don’t miss this opportunity to get up to speed on the tooling industry and get a rare look at a tooling facility.
Auto Industry Resigned to Life Without NAFTA
Source: Crain’s Detroit
The political rhetoric is looking more like reality. Automakers and suppliers are starting to envision a world without the North American Free Trade Agreement amid growing signs the Trump administration is determined to gut the 23-year-old deal, which has integrated the U.S., Canadian and Mexican economies, and made the regional auto industry globally competitive.
LMC’s Global Light Vehicle Sales Update
Source: LMC Automotive
Global light vehicle sales grew by 4.1% year-on-year in September with the selling rate reaching almost 100 million units per year, significantly above the 95 million units per year pace of recent months. These gains were driven by a surprisingly strong September in the USA, while China also hit its highest selling rate in almost a year. Western Europe was the exception, with year-on-year sales down slightly.
Automotive Industry is Racing to Meet Electric Vehicle Demand in China
Last month, China’s government issued new rules that require automotive companies to sell more alternative-energy cars in the country. Beijing also plans to eventually get rid of all internal combustion engines in new cars, maybe as soon as 2030. Thus, worldwide automakers are speeding up their efforts to develop electric vehicles and meet demand in China.
20 Tough Questions about the Auto Industry in 2018
Source: Car and Driver
How bad could things really be? How good will they ever get? And just how underpowered might the Dodge Demon someday seem? Herewith, your burning curiosities extinguished.
George Will: Auto Industry has Glamorous Past, But Opaque Future
Source: The Winchester Star
Bending metal, slapping on chrome, and marketing an empowering product and status marker that mesmerized 20th-century America, the automobile industry typified the Old Economy, of which General Motors was emblematic. As was its bankruptcy. Today, GM’s CEO Mary Barra is wagering that the industry soon will be manufacturing New Economy products. They will incorporate technologies that will entice buyers whose sensibilities and expectations have been shaped by the kind of empowerment delivered by their smartphones, which arrived just 10 years ago.
Augmented Reality to Make Serious Inroads in the Auto Industry
One of the smart new technologies making an impact on the automobile industry these days is augmented reality (AR), not to be confused with virtual reality. AR is a live, direct or indirect view of the real world in which certain visual elements are enhanced using sound, video, graphics, and/or GPS data.
Baby Boomers, Not Millennials, Most Influence the Auto Industry
Source: Chicago Tribune
For baby boomers, the automobile has always been a symbol of style and freedom. The generation of 76.4 million born between 1946 and 1964 who once romped in the back seats of their parents’ station wagons has determined what we drive for over a half-century. With advanced technology and designs catering to this demographic, boomers will influence our rides long past when they hang up their key chains.
Ford Refocusing Strategy to Drive Disruption in Auto Industry
Source: Sustainable Brands
Ford has announced a new strategy to investors that will see the auto giant leverage its unique product strengths, trusted brand and global scale to refocus and thrive in an evolving and disruptive period for the auto industry. The shift will include greater focus on accelerating the introduction of smart vehicles and services.