Month: June 2021

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Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycleTransport infrastructure consists of the fixed installations, including roads , railways , airways , waterways , canals and pipelines and terminals corresponding to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and fuel stations ) and seaports Terminals may be used each for interchange of passengers and cargo and for maintenance. By the early Eighties the automotive industry within the United States was concentrated in 4 main corporations—GM, Ford, Chrysler, and AMC—and one vital manufacturer of business automobiles, International Harvester Company. A few producers of specialized automobiles remained, along with an assortment of companies that made automotive elements and parts.

Except for the road-going XR1000 of the Nineteen Eighties and the XR1200, most Sportsters made for street use have the prefix XL in their model designation. For the Sportster Evolution engines used because the mid-Nineteen Eighties, there have been two … Read More

The global chip shortage is leaving car makers stuck in the slow lane

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This May, car manufacturers produced less than 55,000 vehicles, only half as much as two years ago.


Monty Rakusen / Getty Images

The production of cars in the UK has more than halved compared to the same period before the COVID-19 pandemic, due at least in part to an on-going shortage of chips that are needed to power everything from engine management systems to in-car entertainment. 

According to the Society of Motor Manufacturers and Traders (SMMT), this May car manufacturers produced almost 55,000 vehicles in the UK – a number that, at first glance, seems healthy in comparison to the meagre 5,314 cars that were produced in the same month of the previous year.  

But 2020’s statistics have to be put in context: with the COVID-19 pandemic rapidly gathering pace, factory lines came to a halt as most manufacturers decided to close their facilities altogether, in line with government guidance.

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Raw material costs rising for automotive industry: BofA report

Widespread inflation has led to the highest raw material cost per U.S. vehicle since 2011, a new Bank of America (BAC) Global Research report found.

The report examines the recent bout of US inflation and examines its consequences for the automotive industry.

One key takeaway from the report is that the cost of raw materials has risen sharply since mid-2020. “In the past year, the raw material cost in an average U.S. vehicle has been steadily rising, increasing ~87% from a low point of approximately $2,200/unit in Apr ’20 to now roughly $4,125/unit in May ’21,” the report found. “During this raw material cost inflation, average transaction prices seem to have stalled, although [they] still remain elevated at record high levels.”

The compressing spread between rising raw material prices and stagnating average transaction prices is expected to increase pressure on automakers and suppliers’ respective financial bottom lines.

The

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Produk

Transport infrastructure consists of the fastened installations, together with roads , railways , airways , waterways , canals and pipelines and terminals resembling airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and fuel stations ) and seaports Terminals may be used both for interchange of passengers and cargo and for maintenance. For the providers on this Section 13(b)(i), the provisions of Section 14.2 (United States) apply. TO THE FULLEST EXTENT PERMITTED BY REGULATION AND EXCEPT AS IN ANY OTHER CASE ACKNOWLEDGED IN SECTION 14, VERIZON MEDIA ENTITIES WILL NOT BE LIABLE IN CONNECTION WITH ANY DISPUTES THAT ARISE OUT OF OR RELATE TO THESE PHRASES OR SERVICES FOR ANY QUANTITY HIGHER THAN THE QUANTITY YOU PAID TO US FOR THE SERVICES.

The Automotive Trade within the Philippines has been a thriving trade within the nation over the last 5 years. Throughout … Read More