BusMarket Group’s Post

Japan is driving innovation in the automotive industry with 6 top spots among the top 20 global innovators in the sector. But who’s in pole position? Our latest report goes beyond geographic distribution, spotlighting Japan’s success alongside key players from Mainland China, the United States, South Korea and Europe. Download the report the explore full insights: https://lnkd.in/eJ53kwih #Top100Innovators #AutomotiveIndustry

Last week, I had the privilege of attending the MAJOSZ (Hungarian Association of Automotive Component Manufacturers) conference, which brought together dozens of industry experts to discuss the latest trends, and the future of the automotive sector. I could have participated in a roundtable discussion focusing on the current state of the automotive industry alongside other automotive leaders from Hungary with an insightful exchange of ideas and perspectives, highlighting the challenges and opportunities we face in this dynamic landscape. Many thanks for the insights! #ContinentalHungary #MAJOSZ #AutomotiveIndustry #Industry40 #Networking #Innovation

We extend our gratitude for your participation in making Manufacturing World Nagoya 2024 a remarkable success! If you missed out on our Nagoya event, keep an eye out for our return to Tokyo in June. Follow us on social media for registration updates and be part of our next exciting trade show! #ManufacturingWorldJapan #ManufacturingWorld #manufacturingindustry #digitaltransformation #factoryautomation #additivemanufacturing #productionengineering #factories #industrialinnovation #energysaving

Dear IN friends. As the automotive landscape in Brazil evolves, we're witnessing a notable influx of Chinese automotive brands into the market. These brands are making significant strides in expanding their presence and offerings across the country. With their reputation for affordability, innovative technology, and increasingly competitive quality, Chinese automakers are capturing the attention of Brazilian consumers. Their entry into the Brazilian market not only introduces a wider array of options for consumers but also contributes to the diversification and competitiveness of the automotive industry. The arrival of these Chinese brands signals a new chapter in Brazil's automotive sector, marking a shift in the global automotive landscape and presenting both challenges and opportunities for established players and newcomers alike. Let’s see next chapters. #xiaomi #innovation #chinesebrand

📢 Golden opportunity for Mexican Automotive Suppliers! 🚗 🌟 Q1 2024: According to the National Institute of Statistics and Geography of Mexico (INEGI), Mexico's automotive sector saw a 10.9% increase in light vehicle sales, signaling significant growth in manufacturing production. Seize this moment. 🌐 Embrace the nearshoring trend and leverage Mexico's strategic location. 📈 Bajio region saw a 23.83% production boost! Are you a supplier in Mexico looking for more business? Register with MESH Works to connect with global buyers and elevate your business today! 🌐 https://hubs.la/Q02GK72r0 #meshworks #automotive #mexico #nearshoring #sourcing #businessopportunity #meshsuppliers

Let’s talk about Mexico and specially about Puebla. There is a race for automotive investors everywhere in Mexico. Naturally the North of Mexico is getting the bigger pieces of the cake. In Puebla we have 60 year old factories of a deeply troubled German mass producer and still the believe to be in the race for that investments. The truth is different: a eroded and broken infrastructure; affecting supply chains, meetings and normal business timing. On the roads 2 hours for 9 km should give everybody a clear feeling for that. What maybe was ok many years for this German investor is today no good anymore for potential factories or Tier-N plants. The cake is going clearly to the North.

Stellantis Middle East and Africa H1 Results Highlights #Stellantis' important product-led transition year is underway, delivering €5.6 billion net profit and €85.0 billion net revenues in the first half of 2024. Results are down compared to 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs. The Company reports AOI margin of 10%, reflecting direct materials, workforce and logistics cost reductions that helped to mitigate the revenue decline. In this challenging global context, the MEA region has shown resilience resulting in reaching N1 position in the LCV segment while maintaining our N2 overall market position and delivering a strong AOI margin of 20.9%. We remain focused and confident that our Deep Localization Strategy will allow us to fully harvest the business potentials of the region and it will lead us to our ambition of reaching the N1 overall market position. Allow me to take this opportunity to warmly thank every member of Stellantis MEA and our Partners for their commitment and contribution. Discover more: https://lnkd.in/edmdCT6M

"The automotive market in Indonesia is dominated by Japanese OEMs who prefer using Japanese brands. Additionally, the influx of low-cost products from China presents a significant challenge. To stay competitive in this challenging landscape, we focus on providing high-quality, innovative solutions that meet the specific needs of our customers. We help our clients streamline their processes, reduce costs, and enhance overall performance." Here at HellermannTyton, our commitment is to deliver products that not only match but exceed the expectations set by the dominant players and low-cost competitors. Reach out and connect with Ardhi Bebi Laksono today! #industrychallenges #automotive #HellermannTyton #innovation #competitivesolutions

Hello everyone! 🌟 We are very excited to share that our Japanese strategic partners Daifuku, global leaders in intralogistics, visited our offices in Oñati this week. 🤝🇯🇵 It has been a fantastic opportunity to strengthen our collaboration and advance joint projects. Here are some key points from our meeting: 🔹Review of Current Projects: We evaluated the progress of our ongoing initiatives and discussed how we can optimize processes for better results. 🔹 New Innovation Strategies: We explored new technologies and innovative methods that can be applied to our future projects. 🌐💡 🔹 Expansion Plans: We discussed opportunities to expand our collaboration into new markets and sectors, setting ambitious but achievable goals for the coming years. 📈🌍 We are confident that this visit will further strengthen our alliance and open new doors towards a future full of shared successes. We deeply appreciate our Japanese partners for their commitment and collaboration. Let’s keep moving forward together! 🚀✨ #ULMA #ULMAHandlingSystems #InternationalCollaboration #Innovation #StrategicPartners #GlobalExpansion

Exciting times ahead for the automotive spare parts sector! 👥🚗 Proud to share a snapshot from a recent strategic meeting between Partex Italia and Ruen-Inox Automobile two powerhouse European manufacturers. Together, we're shaping the future of the industry as part of the newly formed Automotive Group Leuma - Leading European Manufacturers- Our collaborative efforts are set to drive innovation and excellence in automotive spare parts. By aligning our strategies and leveraging our synergies, we're poised to make a significant impact in the market. At Leuma Group, we're not just building a business – we're forging a legacy of innovation, reliability, and customer-centricity. Together, we'll navigate the challenges and seize the opportunities that lie ahead, setting new benchmarks for success in the automotive spare parts landscape. Stay tuned for more updates as we embark on this exciting journey of growth and transformation. The future looks brighter than ever with Leuma Group leading the way! 🌟🚀 #LeumaGroup #Automotive #SpareParts #Innovation #Collaboration #FutureOfWork #StrategicMeeting #Partex #Ruen #IndustryLeadership