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A year ago, at the Shanghai Auto Show the Chinese #automotive industry showcased what’s in the box. At the IAA MOBILITY 2023 at the latest, it became more than obvious that Chinese BEVs were here to stay. And at the end of April, exciting innovations will once again be unveiled at the China Auto Show in Beijing. A good opportunity for a sneak preview and to take a closer look at the Chinese car market and analyze how Chinese OEMs want to gain a foothold in the European markets. The market entry of the Chinese will stimulate competition, accelerate the ramp-up of e-mobility and consumers can benefit from a wealth of new and, above all, affordable models. European manufacturers should use this head wind as momentum for the transformation. In our webcast "From China - with love? Sustaining industry transformation in a more protectionist world", I will join my colleague Jun JIN (Partner & Automotive Industry Leader, PwC China) and Burkhard Riering (Editor-in-Chief, Automobilwoche) in providing an insight into the market dynamics and highlighting options for action. I am looking forward to engaging in discussions and addressing many exciting questions! 👉Join us here: https://lnkd.in/drQSCtrR #AutomotiveIndustry #IndustryTransformation #Innovation #Webcast #pwc

China Automotive Industry Market In-depth Assessment and Investment Opportunity Forecast Report 2024-2030’ (hereinafter referred to as the ‘Report’) launched by Wisdom Research Consulting provides a comprehensive overview and in-depth analysis of China's automotive market. Since its inception, China's automobile industry has achieved remarkable results after decades of development and has now become a global powerhouse in automobile production and sales. The development of China's automotive industry has not only led to advancements in automotive manufacturing but also promoted the continuous improvement of the automotive industry chain. This includes the manufacture of auto parts, automotive sales, repair and maintenance, and second-hand car trading, forming a complete system within China's automotive industry chain. With the continuous development of China's economy, the advancement of science and technology, and the enhancement of automotive intelligence and Internet connectivity, the scale of China's automotive industry continues to expand. Data shows that in 2023, China's automobile manufacturing industry had total assets of 108.6683 trillion yuan, an 11.7% increase year-on-year; operating income was 100.9758 trillion yuan, an 8.7% increase year-on-year; and total profit was 508.63 billion yuan, a 4.4% decrease year-on-year. Automobile lightweighting can reduce fuel consumption, lower usage costs, and reduce various pollutant emissions. In recent years, China has issued related policy documents such as ‘Made in China 2025’ and the ‘Parallel Management Approach for Average Fuel Consumption of Passenger Car Enterprises and New Energy Vehicle Points.’ These documents indicate that automotive lightweight technology is a key breakthrough direction and development trend in the current automotive industry. #Lightweight #LightweightAsia2024 #automotiveindustry To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center  Learn more：https://lnkd.in/gid2RGSb

The BM Parts team is attending one of the most anticipated industry events of the year: Automechanika 2024 in Frankfurt. It’s an invaluable opportunity to connect with our partners, explore the latest innovations, and engage with the trendsetters shaping the future of our industry. While we’re excited to be part of this incredible event, it’s also important to acknowledge the daily challenges we continue to face. Navigating the complexities of the automotive industry requires constant adaptation and resilience. The Ukrainian automotive aftermarket faces various challenges, from supply chain disruptions and digital transformation to changing customer expectations, economic instability, security threats, and labor mobilization. Despite these challenges, our unwavering commitment to customer satisfaction remains a top priority. We value every customer and are actively working to address these challenges through strategic investments, operational improvements, and a focus on your satisfaction. By remaining flexible and adapting to market changes, we are confident in our ability to maintain our leadership position and grow successfully in an increasingly competitive and wartime environment. Our team is committed to this growth and to serving our partners and customers with excellence. Our motto is PREPARED FOR THE ROAD AHEAD. As a value-added distributor, we are developing the industry with you.

The report titled ‘China Automotive Market Development Forecast Report 2024’ shows that from January to November 2023, China's automotive market sales reached 26.938 million units, an increase of 10.8% year-on-year. Sales of new energy vehicles were particularly significant, reaching 8.304 million units, a year-on-year increase of 36.7%. The report forecasts that China's auto market will continue to grow in 2024, with total sales expected to reach 31 million units, up 3% year-on-year. The new energy vehicle market is expected to expand further, with sales projected to reach 11.5 million units, a 20% year-on-year increase. However, the market is also facing challenges, including the sustainability of economic recovery, consumer confidence, uncertainty in the global trade environment, and price trends. To address these challenges, the auto industry should focus on expanding domestic demand, consolidating the fundamentals of foreign trade and foreign investment, promoting the construction of ecological civilization and green, low-carbon development, and maintaining the continuity and stability of policies to boost market confidence. Additionally, deepening reforms in key areas will inject momentum into the high-quality development of the automotive industry. #Lightweight #LightweightAsia2024 #automotivemarket To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center  Learn more：https://lnkd.in/gid2RGSb

First of all, we want to thank all our visitors at the successful and promising fair Automechanika Frankfurt 2024. This year’s theme focused on remanufacturing and sustainability. With the following, ERA Benelux N.V. demonstrates our commitment to these new developments. This year, 21% of the steering racks we sell are already electric, and for EHPS pumps, that figure rises to an impressive 32%! But the numbers become even more striking when we look at turnover: 38% of our turnover from steering racks comes from electric models, and 52% of our pump sales are driven by EHPS pumps. 👉 That means that a substantial part of our turnover comes from Electric steering and EHPS pumps! What’s even more interesting? Many competitors either don’t offer EHPS pumps or have a limited range of electric steering racks. 🤔 Just think about how much turnover you could be missing out on by not tapping into these growing markets! While competitive pricing on top sellers is crucial, this shows that sometimes the bigger picture tells a whole different story. 😉 If you have any questions or want to learn more, feel free to reach out!   #erabenelux #sustainability #remanufacturing #circulareconomy #futureproof #thefutureisnow #automotive #aftermarket #automotiveaftermarket #apraEurope #ManufacturedAgain #Steering

The last treasure of the automotive industry... Today, Automechanika Frankfurt – the world's largest trade fair for the automotive aftermarket – is opening its doors and I am looking forward to many new insights on this highly important market segment. While the whole auto industry is under massive pressure, the aftermarket continues to offer very healthy margins and a stable stream of revenues in turbulent times. Therefore, it is no surprise that many market participants (OEMs as well as suppliers and independent aftermarket players) are doubling down on this important business segment. Unlike the new car business that is gradually moving from combustion engines to EVs, the aftermarket for the existing car park will continue to be skewed towards conventional cars for decades to come - offering profit potential for the established carmakers and suppliers. The comprehensive service network coverage of established OEMs is also a key instrument to fend off Chinese car manufacturers in Europe who are still weak on this important element of the value chain. Nonetheless, there are also numerous challenges for the aftermarket: the low new car sales of the past few years as well as the increasing electrification have a negative impact on the business potential while lack of skilled workshop technicians represents a massive growth barrier for many players. Supply chain disruptions and cost inflation have the same negative effects on the business that they have for the overall industry. Irrespective of these challenges, the aftermarket continues to be the last treasure of the automotive industry – preserving and growing the market position will be a strategic imperative for future success in the industry. We at Oliver Wyman are proud to help many of our clients on this journey.

This is cool. Auto Trader UK will be sharing brand new research into UK car buyer attitudes towards Chinese brands at this event. We all know about products, batteries, scale, speed, ambitions, but nobody’s yet thought to ask buyers what they think. It’s an untold story and super-important. Three big questions we’ll get into: 1. Does the country of origin (production and brand name) matter? 2. What do UK car buyers think of Chinese car brands and their products? 3. What do Chinese car brands need to know to succeed (and what do the rest need to know to combat)? The early results are ace. Revealing.

Again we wish you welcome to our stand #11036 mm-lab GmbH presents New Features even further improving the workflow in the total Proving Ground Management System (PGMS) At the upcoming Automotive Testing Expo in Novi, mm-lab GmbH will introduce several new features to even further improve the clients’ workflow in the Proving Ground Management System (PGMS). These new features and improvements are designed to improve efficiency, safety, and user experience on Automotive Proving Grounds globally. Key highlights include: ·       Lightweight On-Board Unit: Available with or without a High Precision Module, this unit is designed with a holder solution that allows for single-point charging without needing to remove mobile devices from the holder. ·       Web-Based Management Dashboard: A user-friendly interface that offers detailed visualizations, such as pivot tables and graphs, to monitor track utilization and turnover. A Heat Map function highlights warning messages like vehicle speeding, allowing for a quick, visual overview of safety issues and points of concern. ·       Web-Based Customer Information System: A feature providing fast and clear overviews of resource availability, making the booking process quicker. It displays the availability of resources over daily, weekly, or monthly timelines, thus speeding up booking approvals. ·       Durability Test Guidance: This tool helps ensure endurance tests comply with specific test program requirements. It offers real-time guidance and monitors progress for both drivers and administrators, tracking completion in terms of distance, time, or percentage. Easy overview for everyone involved displaying completed tests and tests still to be completed (even reason for abruptions). These new features are expected to further streamline proving ground operations and have already attracted six more proving grounds to adopt the PGMS this year, underscoring mm-lab's success in improving the management of automotive testing environments.

Automotive lightweighting is a major trend in the new energy vehicle industry. This is mainly because lightweighting can improve the range of new energy vehicles, reduce energy consumption, and help lower battery costs. Since the battery packs of new energy vehicles are relatively heavy, lightweighting is particularly important for these vehicles. Lightweighting technology can reduce the weight of components, improve driving range, and reduce component wear while meeting vehicle safety requirements. For example, according to the announcement by China Jushi, reducing the weight of the entire vehicle by 10% can improve fuel efficiency by 6%-8%; for every 100 kg reduction in vehicle weight, fuel consumption per 100 km can be reduced by 0.3-0.6 liters; and reducing vehicle weight by 1% can lower fuel consumption by 0.7%. Additionally, the application of lightweight technology can shorten braking distances, increase kinetic energy savings, improve acceleration performance, enhance maximum speed, and reduce noise and vibration. Lightweighting also helps control the cost of new energy vehicles. For example, the average weight of a 4-cylinder or 6-cylinder engine in a fuel car is 75-250 kg, and the average weight of a gearbox is 45-181 kg, whereas the battery pack in a new energy vehicle, especially a pure electric vehicle, makes the overall vehicle weight higher than that of a fuel car in the same class. #Lightweight #LightweightAsia2024 #Automotivelightweighting To learn more about the market trends, stay tuned to Lightweight Asia 2024 Date: 03-05 July 2024 Venue: Shanghai New International Expo Center  Learn more：https://lnkd.in/gid2RGSb

🚗📊 The most recent registration data by brand underscores a competitive and dynamic automotive market in Israel. A diverse array of brands continues to capture significant market shares, catering to a wide range of consumer preferences and needs. This trend showcases the ongoing competition and growth across various segments, fueling the industry's momentum. Follow the link to review the full report: https://lnkd.in/d_KE6v6 #RegistrationData #AutomotiveMarket #IVIA #Israel #PrivateVehicles #MobilityTrends