The role of automotive suppliers is structured into tiers. The tiered structure has given clarity and understanding to both industry outsiders and observers as to which company is responsible for which component or technology. The automotive value chain has changed. Technology is advancing at such…
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….
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…
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…
Plastics. They are everywhere from packaging to automotive body parts. It is no wonder that according to a research report by Global Market Insights, Inc. that the automotive plastics market size is set to surpass 50 billion by 2024. Anything plastic can be made by plastic…
There are 17 numbers and letters (17 positions) in a vehicle identification number (VIN) and you can divide them into three groups: World Manufacturer Identifier, Vehicle Descriptor Section, and Vehicle Identifier Section. Typically, the VIN is stamped into a plate that may be located in…
Vehicles today are connected more than ever, even older vehicles can be connected. We are also connecting vehicles to smartphones. Connecting vehicles with smart cities is next. Needless to say, automotive communication technology will be even more important in the future. The below terms will…
Virtual reality is not as new as one may think. In 1935, Stanley Weinbaum released Pygmalion’s Spectacles – a science fiction story. The story’s main character wears a pair of goggles which transports him to a fictional world which stimulates his senses aptly and features…
It is hard to believe it has been 10 years. In late 2008, global financial markets were panicking, U.S. employers were laying off hundreds of thousands of workers every month and consumer spending and the stock market were plummeting. In the waning days of the…
