Today’s opportunities require cooperation across the ecosystem at large. As indicated by Forbes Insights research, transportation-focused executives will not only be looking to hire outside providers for a wider array of services, but they will also be seeking closer collaboration with suppliers, customers and even competitors….
The effects of team building activities for work go beyond keeping team members energized. The development of workplace teams is essential to maximize the on the job experience. Knowing that an employer values your presence enough to invest in your future with the company can…
For the duration of the U.S. government shutdown, several auto lenders are offering payment relief on a case-by-case basis to affected customers. Nearly 800,000 federal employees have either been furloughed or have been working without pay since Dec. 21 when a bipartisan deal to fund the…
Advances in automotive safety engineering and technology have come a long way over the last half century and they save many lives. Unfortunately, these advances will not save you money, at least not yet. These advanced systems being referred to warn motorists of possible forward collisions,…
If you were told not to think of a pink elephant, you will more than likely picture an image of a pink elephant. This is called the Ironic Process theory, the psychological process whereby deliberate attempts to suppress certain thoughts makes them more likely to…
The most important part of the end of year is reflecting on lessons learned and determining what they mean for the year(s) ahead. What should automotive industry consider for 2019? Below are few observations. IT integration and change in corporate culture Manufacturers are recommended to…
There are many different industry and interest groups that have a stake in the outcome of the driverless car bill. The bill passed the Senate Commerce, Science and Transportation Committee by a voice vote in October, and a companion bill sailed through the House last year….
Shortly after U.S. and China declared a truce, China offered a goodwill gesture to smooth trade negotiations. For three months starting January 1, cars imported from the U.S. will no longer be hit with an extra 25% tariff, while extra levies of varying rates on…
LNS Research, a research and advisory firm, coined the term Quality 4.0.1. Quality 4.0 is a method for using technology to show that quality should really be a company-wide strategy with the executives at the helm driving performance. Quality 4.0 does not replace traditional quality…
Lightweighting is a concept in the automotive industry referring to building cars and trucks that are less heavy as a way to achieve fuel efficiency and handling. “Once you reach a certain horsepower level, it gets very expensive to add more power, whereas to take…
