Register for the 6th Annual State of Automotive Recall Summit
Learn about the latest trends and insights regarding automotive recall size, scope and type at the 6th Annual State of Automotive Recalls Summit. The event will be held March 27, 2019 at the Livonia Marriott.
Save the Date: OEM Purchasing Executives Summit
SAA’s 10th Annual OEM Purchasing Executives Summit will be held June 18, 2019. Watch your email and the SAA website for more details.
SAA Members Receive a 10% Discount to the 4th Annual ADAS Sensors 2019 Conference & Expo: March 20-21, 2019
The conference covers the latest transformative automotive sensing technologies, including LIDAR, ultrasonic, radar, infrared (IR), camera sensors, market trends, emerging applications, and other technologies that will change the way we drive now and in the near future. Network with 225+ attendees, including 25+ attendees from the OEM companies (e.g. Ford, GM, Honda, FCA, Toyota, Volvo), in addition to Tier 1s (e.g. Waymo, Magna, DENSO, Brose, Magneti Marelli), startups, VCs, angel investors, and many others (please see attached slide). Listen to 30+ speakers such as Harvey Weinberg (Analog Devices), David Schie (AIStorm), Itay Michaeli (Citi Research), Tony Cannestra (DENSO), Gary Streelman (Magneti Marelli), Jim DiSanto (Motus Ventures), and the Startup Showcase. For more info, please go to: http://www.adassensors.com. To register, go to http://www.adassensors.com/register.html and get a 10% discount with the code SAA10
Automotive Industry Current and Long-Term Future Outlook
Source: Seeking Alpha
Key long-term trends are underway in the automotive industry. There will be a major transformation over the next decade. Technology is significantly advancing for vehicles. Through the year 2030, we are likely to see an increasing amount of electric vehicles on the road. There is also likely to be more autonomous vehicles and ride-sharing.
Auto Industry Hits Some Headwinds in February with 2.8% Decrease in Sales
Source: CBT News
Top auto industry analysts have cited rising interest rates, import tariff costs, and cold weather as some of the reasons for February’s slow down in new vehicle sales. Here to talk to us more about February’s numbers is Karl Brauer, executive publisher for AutoTrader and Kelley Blue Book. Karl shares with us, his insight about this month’s winners, losers, and what dealers can expect as we head into March.
The Automotive Industry is About to Undergo a Paradigm Shift to EVs
Source: Inside EVs
What’s in store for the future of the auto industry? Camila Domonoske at NPR recently spoke with a number of industry experts to get their feedback. It turns out that the auto industry could (soon) undergo a significant paradigm shift — transitioning from gas-powered cars to EVs. According to Domonoske, “Going electric is not just an eco-friendly goal, an ambition that would help fight climate change. It’s a business reality, according to industry analysts.”
Geely Chairman Says China Auto Industry Faces Restructuring in Next 3-5 Years
Source: Channel News Asia
Zhejiang Geely Holding's Chairman, Li Shufu, said China's automotive industry faces restructuring and bankruptcies in the next three to five years as the industry transforms.
Panic Grows Among Carmakers at Prospect of No-Deal Brexit
Source: The Guardian
Carmakers employing thousands of people have issued stark warnings of an exodus from the UK in the event of a no-deal Brexit, in the clearest signal yet of the panic spreading through the industry. With 24 days left until Britain’s scheduled departure from the EU, some of the automotive industry’s most senior figures offered a bleak assessment of the dangers facing a sector on which more than 850,000 people rely for their livelihoods.
How Zetsche, Ghosn, Marchionne Successors Can Thrive Despite Industry Upheaval
Source: Automotive News Europe
Just a few years ago, titans at the height of their power were at the helm of the biggest players in the European auto industry. Martin Winterkorn at Volkswagen Group, Sergio Marchionne of Fiat Chrysler Automobiles, Rupert Stadler of Audi, Dieter Zetsche of Daimler and Carlos Ghosn of Renault all became CEOs in the mid-2000s. All of them navigated their companies through a brutal recession to robust profits and sales.