Yanfeng’s Post

Note: not all Chinese EV and carmakers are doing well in China. SAIC is suffering and not just in China. "However, the GM joint venture is not SAIC’s only problem, as evidenced by the 37.16% year-on-year drop In sales in July – a drop shared by almost every major business unit and not just the joint ventures. Furthermore the drop is not just symptomatic of the switch from ICE to new energy vehicles with NEV sales also declining." "Sales at the GM joint venture saw the greatest drop with a fall of 82.42% and the sales for the year so far are down 55.14%. This stands in stark contrast to the performance of SAIC’s other main joint venture with Volkswagen. Although July was a black spot with a decline of 18.18% the overall decline for the year is negligible at just 1.53%." And that was all before they were slapped with 36.3% tariffs by the EU.

Exciting developments in the automotive industry! According to recent forecasts, global auto sales are expected to reach 883 million by 2024. However, it's important to note that these sales projections come with potential supply chain risks. Stay informed about the future of the automotive industry with this link: https://okt.to/USJhXf #automotive #autosales #automotiveindustry #SupplyChainRisk

Please join my colleagues Ana Nicholls, Nishita Aggarwal and me in our upcoming webinar today to explore demand, production and supply trends and what they mean for the automotive sector. https://lnkd.in/dWcVBNHZ

The USMCA varies from NAFTA in areas concerning the automotive industry and restrictions on global car makers manufacturing in Mexico.

consolidation has found its way into the Spanish automotive parts market. In recent years, the European automotive parts distributors Alliance Automotive Group and Parts Holding Europe (PHE) have increasingly gained influence in Spain. See at a glance the most important participants in the automotive aftermarket in Spain and get an overview of the companies and their affiliations to the various purchasing groups on our updated posters for the Spanish aftermarket. The "Who's Who" and structure posters are now available in the 2024 edition. Stay informed about all the changes and latest news from the past year in the Spanish automotive aftermarket. Link: https://lnkd.in/drE7g58C #Automotive #Aftermarket #Spain #AutomotiveParts #IndustryUpdate #Consolidation #AllianceAutomotiveGroup #PHE #2024Updates #WhosWho #IndustryNews

Good Quality Used Auto Parts.

Welcome to our latest update on the automotive industry for January 2024. In this blog, we aim to provide valuable information to automotive suppliers to assist them in making informed legal and operational decisions amidst the evolving challenges and opportunities in the industry. In this month's update, we cover: ✓Launch Delays ✓Alabama and the UAW ✓Cox 2024 Automotive Outlook ✓U.S. Automotive Sales ✓Ford's BlueOval Battery Park ✓Labor Shortage Concerns ✓Cummins New Engine Plant Read the Article Here: https://lnkd.in/gmYWyXXU To learn more about why automotive suppliers across the country are leveraging Veryable's on-demand labor platform, and why it’s our fastest growing industry segment, visit our homepage for on-demand labor and the automotive industry, and connect with our automotive lead Derek Ochodnicky Homepage: On-Demand Labor for Automotive Industry https://lnkd.in/gdVy3WCu #ondemandlabor #automotiveindustry #UAW #autoindustry #cummins #2024outlook #usmanufacturing

AS A PERCEPTION OF COMPETITION BETWEEN CARRIERS AND BROKERS CONTINUES TO PERCOLATE IN THE LOGISTICS OF AUTOMOTIVE, WHAT HAPPENS IF WE RECOGNIZE THEIR CLEAR OPERATIONAL DIFFERENCES TO FINALLY REUNITE THEM AS ONE SERVICE? This is Industry Logistics on ATI.

What strategies are original equipment manufacturers (#OEMs) implementing to enhance their presence in the #automotive parts aftermarket value chain? OEMs are #innovating in the aftermarket by establishing repair networks, introducing #VW direct express, and offering #remanufactured parts. Their goal: outpace independent players and bolster #customerloyalty through enhanced experiences and unique service offerings. Explore More Insights:   https://lnkd.in/dAs5RV-Z Market Players: Alpine Electronics Inc AutoZone. Bridgestone Corporations Continental Agency Ford Motor Company, HARMAN International Hyundai MOBIS Michelin. #RDive #OEM #Aftermarket #CustomerExperience #RemanufacturedParts #AutomotiveIndustry #ServiceOfferings #Competition