Automotive is a very very big business driving GDP in Europe.
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Fact: Since 2015, car production in the CEE countries has increased by 41%. Automotive News Europe hears from Bert Hesselink, CTP's Group Client Relationship Director, about what's driving this shift and how CTP is making more space for it with our network of industrial and logistics parks. 🏗️ Bert explains "The trends for both nearshoring and production in Europe are only anticipated to accelerate, and occupiers and investors in logistics and real estate who act sooner rather than later are better placed for the future." 🚗 He further explains how the automotive sector plays a massive role in this trend, especially in CEE as it provides an ideal environment for business growth: → close proximity to Western European markets → a strong manufacturing base → a wealth of skilled human capital → attractive labour costs → robust and growing economies And it's not just talk and anticipation... We're seeing it first-hand happening right now. In the article, Bert sheds light on some of the automotive clients who have grown with us like Inventec and Vitesco Technologies in Czechia, Nidec Motor Corporation in Serbia, and NIO in Hungary. Read the article to learn more about why this trend is not just a trend, but a massive shift to Europe's future of industry: https://lnkd.in/eiv3SrAq #AutomotiveIndustry #OEM #FutureOfInudstry #Nearshoring #IndustryInsights
The CEE leads the charge in securing automotive supply chains
europe.autonews.com
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🌍 𝗚𝗲𝗿𝗺𝗮𝗻 𝗔𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗖𝗿𝗶𝘀𝗶𝘀: 𝗔 𝗧𝗵𝗿𝗲𝗮𝘁 𝘁𝗼 𝗜𝘁𝗮𝗹𝗶𝗮𝗻 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻? The German automotive sector, a cornerstone of the European industry, is facing severe challenges. Rising energy costs, growing competition from Chinese electric vehicles, and the ecological transition are reshaping the landscape. These disruptions are having a direct impact on Italy, whose automotive production heavily relies on German exports. 🚗⚡ 🔍 Key insights: ❌ Closure of several factories in Germany. ❌ Volkswagen's drastic cost-cutting measures. ❌ Delays in Europe’s adoption of electric vehicles. This situation raises pressing questions about the resilience of Europe’s industrial supply chains in times of global crises. What adjustments are needed to safeguard production and ensure long-term sustainability? 👉 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://lnkd.in/e65t5Qmg 💬 𝗝𝗼𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻: How can Europe strengthen its industries to tackle these global challenges? #Automotive #EuropeanIndustry #Sustainability #Innovation #Restructuring #Collaboration
Why the crisis in the German automotive industry puts Italian production at risk
https://www.eunews.it/en/
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Industrial closures are increasing and one of the things not to be ignored is the lack of strategic and critical materials needed for industrial success. Coupled to that Europe simply lost the basic inputs for energy at strategic cost positioning. In auto the malaise is even deeper with almost all future suppliers located far away from Europe. It makes better sense to either put up plants closer to suppliers or ask the Chinese to put theirs within Europe. The control of the auto CPU has moved towards the suppliers. European light vehicle sales, while cyclical, are well below their peak, but 22.4mn in 2007 compares with a market of only 17.8mn in 2023, or a 4.6mn (22%) de-growth. No wonder in the near term between 2018 to 2023, the European GDP hardly made a gain of a few $100 billion, while in the same period U.S. added a few Trillion! Let’s not compare China. European Union GDP for 2022 was $16,746.54B, a 3.28% decline from 2021. European Union GDP for 2021 was $17,315.22B, a 12.57% increase from 2020. European Union GDP for 2020 was $15,381.17B, a 1.99% decline from 2019. European Union GDP for 2019 was $15,693.43B, a 1.8% decline from 2018. When you study performance of individual industrial companies, the data points to a lost decade, with only a few exceptions! Some say, that no wonder, we see bagpipes back, to march, both will do, whether the Left or the Right!
Volkswagen’s plant closure will not be Europe’s last
ft.com
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The automotive industry in Mexico is on the rise again after the pandemic setbacks. They’re expected to hit close to 4 million vehicles produced this year, which is even more than before the pandemic. With new offices and a skilled team in Mexico, we’re proud to play a part in supporting this industry globally with seamless logistics solutions at Ascent Global Logistics. #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain
Mexican automotive industry on track for expansive recovery - MEXICONOW
https://mexico-now.com
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Exciting news – the Mexican automotive industry is gaining momentum, with production projected between 3.9 and 4 million vehicles this year! 🚙💪 It's great to see this recovery. Ascent Global Logistics is here to support with our offices and expert team in Mexico, handling all the logistics smoothly. Here’s to more success ahead! #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain
Mexican automotive industry on track for expansive recovery - MEXICONOW
https://mexico-now.com
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Exciting news – the Mexican automotive industry is gaining momentum, with production projected between 3.9 and 4 million vehicles this year! 🚙💪 It's great to see this recovery. Ascent Global Logistics is here to support with our offices and expert team in Mexico, handling all the logistics smoothly. Here’s to more success ahead! #Automotive #Mexico #IndustryRecovery #Logistics #SupplyChain
Mexican automotive industry on track for expansive recovery - MEXICONOW
https://mexico-now.com
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Download the latest European Automotive Logistics Market Report 2024-2034 by Automotive Logistics! A comprehensive detailed analysis, insightful market forecasts and forward-thinking strategies are packed within these enlightening pages. Get your copy at https://lnkd.in/eDBeT_JF. #AutomotiveLogistics #MarketInsights #FutureTrends 🚀🚗💡
European Automotive Logistics Market Report 2024-2034
automotivelogistics.media
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⚡ The 2024 Automotive Industry Report comprehensively analyzes the current trends, market dynamics and future developments in the industry. Innovations and opportunities in the automotive industry h…
Automotive Industry Report 2024
raillynews.com
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Mexico’s Automotive Surge – Is Your Supply Chain Ready to Keep Pace? 🚗🌍 Mexico’s automotive industry is accelerating fast, producing over 3 million vehicles annually and establishing itself as a key player in the global market. As production soars, logistics teams face a critical challenge – can your supply chain adapt to this rapid growth? 🔍 The Challenge Ahead: 1️⃣ Managing Capacity and Demand: As automotive production ramps up, balancing capacity and ensuring seamless deliveries is essential. Staying flexible is no longer an advantage—it’s a necessity. 2️⃣ Cross-Border Complexities: Mexico’s 50+ trade agreements open doors to key markets like the U.S. and Canada, but effectively managing these agreements without disruptions requires precision and agility. 3️⃣ Mitigating Risk: With high-value shipments such as EV components increasing, delays or security issues can trigger major setbacks. The ability to react swiftly to disruptions will define success. 💡 How to Stay Ahead: In today’s fast-paced market, the secret lies in logistics agility. Having real-time access to multiple transport offers, being able to pivot quickly, and selecting the best carrier options can mean the difference between thriving or facing costly delays. At Easy4Pro, we understand the complexity of logistics in growing markets. Our platform connects you to trusted carriers and real-time offers, helping you make smart decisions faster and keep your supply chain running smoothly. Easy4Pro, part of Redspher Group #AutomotiveIndustry #LogisticsOptimization #CrossBorderLogistics #EVLogistics #SupplyChainManagement #MexicoManufacturing #GlobalTrade #Easy4Pro Read more here: https://lnkd.in/dZeqfJMp
Why Mexico is the Perfect Option for Italy's Automotive Industry Shift - LatinAmerican Post
https://latinamericanpost.com
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Logistics is often viewed as a behind-the-scenes player, yet it’s the driving force enabling success across industries. Explore how emerging markets like Mexico are redifining logistics! 🚀
Mexico’s Automotive Surge – Is Your Supply Chain Ready to Keep Pace? 🚗🌍 Mexico’s automotive industry is accelerating fast, producing over 3 million vehicles annually and establishing itself as a key player in the global market. As production soars, logistics teams face a critical challenge – can your supply chain adapt to this rapid growth? 🔍 The Challenge Ahead: 1️⃣ Managing Capacity and Demand: As automotive production ramps up, balancing capacity and ensuring seamless deliveries is essential. Staying flexible is no longer an advantage—it’s a necessity. 2️⃣ Cross-Border Complexities: Mexico’s 50+ trade agreements open doors to key markets like the U.S. and Canada, but effectively managing these agreements without disruptions requires precision and agility. 3️⃣ Mitigating Risk: With high-value shipments such as EV components increasing, delays or security issues can trigger major setbacks. The ability to react swiftly to disruptions will define success. 💡 How to Stay Ahead: In today’s fast-paced market, the secret lies in logistics agility. Having real-time access to multiple transport offers, being able to pivot quickly, and selecting the best carrier options can mean the difference between thriving or facing costly delays. At Easy4Pro, we understand the complexity of logistics in growing markets. Our platform connects you to trusted carriers and real-time offers, helping you make smart decisions faster and keep your supply chain running smoothly. Easy4Pro, part of Redspher Group #AutomotiveIndustry #LogisticsOptimization #CrossBorderLogistics #EVLogistics #SupplyChainManagement #MexicoManufacturing #GlobalTrade #Easy4Pro Read more here: https://lnkd.in/dZeqfJMp
Why Mexico is the Perfect Option for Italy's Automotive Industry Shift - LatinAmerican Post
https://latinamericanpost.com
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