🌟 Exciting News from ERA Benelux! 🌟 We're thrilled to unveil some incredible updates from ERA Benelux that promise to elevate your experience with us! Here's the scoop: 🛠️ Widest Range, Ready to Roll: At ERA Benelux, we're dedicated to offering you the most extensive selection of parts. Say goodbye to the hassle of searching high and low; those hard-to-find components are IN STOCK and ready to go! 🚗💨 📦 Expanded Warehousing: Guess what? We've just expanded our storage space with brand-new parts! With more space comes more parts, ensuring we meet all your needs swiftly and efficiently. 🔄📈 🌐 Availability, Quality, Service: Our commitment to providing top-notch service is unwavering! Availability, quality, and service are not just words for us—they're our biggest strengths. 🤝💯 Need help? Check out our technical helpdesk should you encounter any difficulties installing our products. 🔧 Steering into the Future: In the world of steering, we're embracing the electric future! ⚡ We believe in staying ahead of the curve, and we're proud to say that in this realm, we don't have any equals in Europe. 🌍🏆 Big things are happening at ERA Benelux, and we can't wait to continue supporting you with the best in the business! 🔧 #erabenelux #sustainability #remanufacturing #circulareconomy #futureproof #thefutureisnow #automotive #aftermarket #automotiveaftermarket #apraEurope #ManufacturedAgain
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🌟 Exciting News from ERA Benelux! 🌟 We're thrilled to unveil some incredible updates from ERA Benelux that promise to elevate your experience with us! Here's the scoop: 🛠️ Widest Range, Ready to Roll: At ERA Benelux, we're dedicated to offering you the most extensive selection of parts. Say goodbye to the hassle of searching high and low; those hard-to-find components are IN STOCK and ready to go! 🚗💨 📦 Expanded Warehousing: Guess what? We've just expanded our storage space with brand-new parts! With more space comes more parts, ensuring we meet all your needs swiftly and efficiently. 🔄📈 🌐 Availability, Quality, Service: Our commitment to providing top-notch service is unwavering! Availability, quality, and service are not just words for us—they're our biggest strengths. 🤝💯 Need help? Check out our technical helpdesk should you encounter any difficulties installing our products. 🔧 Steering into the Future: In the world of steering, we're embracing the electric future! ⚡ We believe in staying ahead of the curve, and we're proud to say that in this realm, we don't have any equals in Europe. 🌍🏆 Big things are happening at ERA Benelux, and we can't wait to continue supporting you with the best in the business! 🔧 #erabenelux #sustainability #remanufacturing #circulareconomy #futureproof #thefutureisnow #automotive #aftermarket #automotiveaftermarket #apraEurope #ManufacturedAgain
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The future of the #AutomotiveIndustry is filled with opportunities, driven by dynamic market changes, evolving technologies, and shifting consumer behaviors. 🚗 Smart players who align innovative products and services with evolving consumer needs will capture significant opportunities in this dynamic market and can outpace the competition. 📌 💡 You want to learn more about the future of the industry? Dive into our #Automotive Outlook 2040: https://lnkd.in/d6t3B8tX #RolandBerger #Automotive2040 #PACE2040 Ron Zheng
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As April's third week rolls around, it’s not just another entry on the calendar; it’s a time to ignite curiosity, foster learning and be humbled again! 📚🌟 🌟 Next week, our Frost & Sullivan team will be at HANNOVER MESSE 2024, and I am grateful to be a part of this journey once again. 🌍✈️ Reflecting on my 11th visit to HANNOVER MESSE, I marvel at how much has changed since 2014. What began with the buzz around #Industry4.0 has metamorphosed into expansive themes like #IndustrialAI #IndustrialDataOps #SoftwarecentricAutomation and #IndustrialMetaverse,—ideas that were once 'not even figments of our collective imaginations.' 🤖🚀 This year, I’m especially eager to learn from stalwarts like Siemens, Schneider Electric, Bosch ABB Mitsubishi Electric - Factory Automation EMEA, as well as innovators at Amazon Web Services (AWS), Google, Cisco and Microsoft. Not to forget the bright minds at up-and-comers like Litmus Seeq Corporation and Software Defined Automation. 🌟🤝 The industrial world is amidst a quiet revolution, and HANNOVER MESSE is more than just a fair; it’s a peek into the future of our industry and a chance to see where we're headed together. 🌐🔮 Here’s to a week of meaningful conversations and insights that resonate deeply! 💬🎓 If you are around, we look forward to seeing you there. #HannoverMesse2024 Aroop Zutshi Kamal Shah Jörg Fey Ram Ravi Sven Thiede Cyril Cromier
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”2023 ends in a fantastic way, 2024 looks even better.” In our Year-End Report 2023, just published earlier this morning, CEO Martin Krantz sums up a year of strong growth for Smart Eye. Check out some of these highlights from the report: 📈 Smart Eye's #automotive business area grew by 121% in the last quarter of 2023, with Korea as the primary growth engine. Other markets like Japan, Europe, and the US are expected to mature in the coming quarters. 🚘 We’re also seeing a strong market demand for #InteriorSensing in the automotive premium segment. This is a new and very exciting market, and we are very well positioned to deliver our technology to it. 🧠 Our #BehavioralResearch business continues to drive profitable growth. We’re also increasing our market share in the area. We are confident that the profitable growth will continue this year – one of the cornerstones in turning the whole company profitable in 2024. To hear Smart Eye’s CEO Martin Krantz and CFO Mats Benjaminsson comment on our Q4 report, tune into Redeye AB’s live stream today at 10.00 CET: https://lnkd.in/dPDpXZjJ Read the full Q4 report here: https://lnkd.in/dDtMkYtt
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The automotive industry's digital transformation journey is accelerating, with cost benefits projected to reach £74 billion by 2035. As OEMs and Tier 1 providers integrate Industry 4.0 technologies into their manufacturing operations, optimising production, enhancing efficiency, improving sustainability, and increasing safety are top priorities. Join industry leaders in London, UK on 11 June 2024 to share strategies and develop your automotive smart manufacturing roadmap. Secure your spot now for: - Collaborative sessions tailored to solve your unique digitalisation challenges. - Networking opportunities with senior leaders from top automotive companies. - Exposure to the latest technologies from leading solution providers. - Interactive formats including technology demos, roundtable discussions, panel discussion, exhibition, and networking breaks. View all sessions and speakers by downloading the agenda: https://bit.ly/SMANA24Ag Don't miss this chance to unlock the value of the digital factory of the future. #SmartManuAutoEurope #AutomotiveManufacturing #Industry40 #DigitalTransformation #London #AutomotiveIndustry
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Navigating the Automotive Industry in 2024 and Beyond: Join Our Virtual Roundtable 2024 is shaping up to be a critical year for the automotive industry, with significant changes on the horizon. To address these challenges and opportunities, BCG is hosting a virtual roundtable on March 14 at 5:00-6:00 PM CET. This event is a platform for professionals to discuss the future of the automotive sector, focusing on: The Outlook for 2024 and Beyond: Understanding upcoming trends. Resilience in Adverse Market Conditions: Strategies for maintaining performance. China's Impact on the Global Automotive Ecosystem: What it means for the industry. Scaling Software for Automotive Players: The shift towards software-defined vehicles. The automotive landscape is evolving rapidly, and this roundtable is an opportunity to share insights and strategies for navigating these changes. We look forward to your participation and insights. Please register here: https://lnkd.in/ez6nE3Pf #AutomotiveIndustry #BCGEvents #FutureTrends #VirtualRoundtable BCG on Industrial Goods BCG on Transformation Dr. Albert Waas Tobias Wens Tian (Alex) Xie, CFA Alex Koster Thomas Weber
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🌟 FORVIA's H1 2024: Driving Growth and Excellence! 🚗🌍 🌟 I am thrilled to share our impressive performance for the first half of 2024! Despite a challenging market, FORVIA has delivered strong results and made significant strides toward our strategic goals. Here are some key highlights: ✅ Solid Sales Growth: We achieved an organic sales growth of +2.7%, outperforming a flat global automotive market by 290 basis points. This success underscores our resilience and innovative edge in the industry. 📈 Improved Profitability: Our operating margin rose to 5.2%, reflecting our commitment to operational efficiency and excellence. This was achieved despite a one-off impact in our North American Interiors operations. 💼 Robust Order Intake: We recorded an impressive €15 billion in new orders, with a strong focus on Asia and electronic components. This growth showcases our expanding global footprint and market leadership in fast-growing segments. 💪 Strategic Focus on Deleveraging: We continue to make progress on our #POWER25 plan, aiming for a Net debt/Adjusted EBITDA ratio of below 1.5x by the end of 2025. Our strategic disposal program is well on track, contributing significantly to this goal. 🔧 Synergies and Efficiency: The integration with HELLA is yielding greater-than-expected synergies, setting us up for even greater efficiency and cost savings in the future. 🚀 Looking Ahead: In the second half of the year, FORVIA expects to benefit from the turnaround in our Interiors North American operations and ongoing synergies with FORVIA HELLA. Despite the latest S&P forecast of a 2% decline in automotive production for 2024, we have confirmed our Full-Year 2024 guidance with sales and operating margin to be at the lower end of the range announced earlier. 🙏 A huge thank you to our dedicated teams, partners, and stakeholders for their continued support and commitment to excellence. Together, we are shaping the future of mobility and driving towards a more sustainable and innovative automotive industry. https://lnkd.in/gG_6JiVV #FORVIA #Automotive #Innovation #Growth #Leadership #Sustainability #Teamwork #FutureOfMobility #POWER25
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Read the full article: https://lnkd.in/g_vJGXtP This strategic alliance is designed to deliver a continuous flow of valuable content for the Brand Automechanika covering pivotal areas such as market trends, technology, innovation, and emerging business models, each contributing to transformative growth across the entirety of the automotive value chain. Digitisation, as a disruptive trend in the aftermarket, finds relevance across all global markets. Frost & Sullivan valued global manufacturer-level replacement parts revenues at $470.9 billion in 2023. While vehicle ageing and average annual mileage will drive aftermarket demand, trends like electrification, vehicle autonomy, and remote diagnostics will boost the outlook further. Messe Frankfurt GmbH Kamal Shah #MesseFrankfurt #FrostandSullivan #Partnership #Automechanika #digitisation
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Join us next Tuesday at 12:00 in #Automechanika to discuss the 'Key influencing factors that will change the #Aftermarket dynamics'! Together with Berylls by AlixPartners and CLEPA - European Association of Automotive Suppliers, and with the support of Automechanika Frankfurt, we developed a very insightful study highlighting the trends, technologies, and market dynamics that will shape the future of the #Automotive sector. Don't miss it! #RightToRepair #IndependentAftermarket
🚗 Berylls by AlixPartners @ Automechanika Frankfurt 2024: Shaping the Future of the Automotive Industry 🔧 We are excited to announce that our partner Paul Kummer will be delivering an insightful speech at Automechanika Frankfurt! The topic: "Key Influencing factors will change the aftermarket dynamics" – highlighting the trends, technologies, and market dynamics that will shape the future of the automotive sector. 🚘 Join us to explore the latest innovations and discover how these key factors can drive transformation in your business. Don't miss the opportunity to connect with industry leaders and visionaries & reach out to us. #beryllsbyalixpartners #butdifferent #automotive FIGIEFA - Automotive Aftermarket Distributors, CLEPA - European Association of Automotive Suppliers
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Emerging Opportunities Lead Development, Technological Revolution Accelerates Industry Reshaping Despite a slowdown in global sales, the automotive components industry continues to expand. From 2022 to 2030, the average annual growth rate is expected to be around 4%. Where there's growth, there are opportunities. The primary challenge for existing component suppliers can be summarized as follows: The growth of the automotive components industry from now until 2030 will mainly come from emerging areas that differ from the past. This growth will stem from different customer demands than before. Indications are that this growth will also be driven by new industry competitors, unlike those of the past. With the ongoing decline of traditional fuel technologies and further standardization of mechanical parts, software, electronics, and battery technology will become the main drivers of growth. Emerging electric vehicle manufacturers from Asia will be the primary source of this demand. Beyond the unexpectedly rapid growth of Tesla, Chinese domestic manufacturers like BYD are the only ones currently driving sustained growth. It is crucial that traditional power system suppliers in North America and Europe, if they maintain their current product portfolios, will have almost no opportunity to participate deeply in this growth process. #Lightweight #LightweightAsia2024 #battery #Tesla To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center Get Ticket:https://lnkd.in/gvFJZyiF
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