New Components Are Shaping The Future Of The Automotive Market Industry News Articles

Automotive industry articlesThe automobile was very first invented and perfected in Germany and France in the late 1800s, even though Americans quickly came to dominate the automotive industry in the first half of the twentieth century. The goal of the automotive market in created countries like Japan, Korea, USA, and Germany is to increase sustainability in terms of being profitable, ecological, and socially compatible. New product and production technologies have to be integrated, new cooperations managed and buyer satisfaction enhanced by localization and individualization, while production costs keep competitive due to sensible and flexible factories.

To handle the adjustments and to increase the effects of higher investments in study and development, new alliances and cooperations are designed. Daimler, Ford, and Nissan are functioning together in the field of fuel cells. BMW works with each other with SGL Carbon in the production of lightweight auto bodies. On the other hand, synergies … READ MORE >>>