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Tesla scares the rest of the auto industry

On Thursday, Tesla founder and Chief Executive Officer Elon Musk introduced the company’s new electric-powered tractor trailer. The “Semi” goes 500 miles on a charge, uses Tesla’s semiautonomous driving system, with lane keeping and autobraking. The truck has lower center of gravity than traditional haulers, dramatically reducing rollover risk; dynamic torque distribution lowers the chance of jack-knifing. Musk promised the truck “will not break down for a million miles.”

That wasn’t the big news.

Musk, in a very Steve Jobs-like, “Oh, and one more thing” moment, introduced the Tesla Roadster. The $200,000, all-wheel drive supercar goes 0-60 mph in a mind-blowing 1.9 seconds, making it the fastest production car ever. Oh, and it tops out at more than 250 mph.

Why does speed matter? Automakers have been sponsoring racing teams since the beginning of the automobile. Manufacturers have seen the merit in the “Win on Sunday, Sell on Monday” marketing formula; recent studies back up those beliefs. Fast halo cars are aspirational vehicles created for shoppers. Lots of Chevy buyers spend time gawking at the slick new Corvette in the showroom; most end up buying sport-utility vehicles or ordinary sedans. Many of the styling cues from the halo cars trickle down to the more pedestrian vehicles, as does the latest automotive technology, from antilock-braking systems to suspension improvements to aerodynamics to turbo chargers.

Two years ago, I suggested Musk create just such a halo car: “Put a sexier body on the Model S – low-slung, fat tires, gull-wing doors and steal share from Ferrari, Lamborghini, McLaren, Porsche, Bentley and Bugatti.” Minus the gull-wings, the new roadster is all that, and more.

When Musk first rolled out the Tesla Model S P100 “Ludicrous Mode” in 2015, reports noted that “sixty miles per hour in 2.8 seconds is crazy fast.” For a fraction of the cost, the five-passenger, four-door sedan was competitive with the likes of Lamborghini, Bentley and Porsche. It was not long before videos of the Tesla Model X P90D Ludicrous – a bulbous, ungainly SUV – was shown smoking a Ferrari F430 in a drag race.

Pure electric cars like the Roadster have several inherent performance advantages, most notably immediate peak torque and a single-gear transmission. That’s a large part of the reason why these cars tend beat their gasoline-powered competitors in drag races.

To be fair, the $200,000 dollar F430 was produced between 2004-09, so it isn’t Ferrari’s latest greatest speed ship. That would be the LaFerrari, the company’s $1.4 million flagship. It has a 6.3-liter V-12 engine, with an electric hybrid drive, and makes an enormous 949 horsepower. That translates into 0-60 mph in 2.6 seconds.

In other words, LaFerrari owners pay an extra $1.2 million dollars for the opportunity to be beaten by the new Roadster.

The same day Musk was rolling out his Roadster, the Wall Street Journal reviewed the brand new 2018 Porsche 911 GT2 (price, $325,250 as tested) with the question “Is this the fastest street-car ever?” The answer – 0-60 in 2.7 seconds – was almost. But within six hours, once the Tesla Roadster was introduced, it wasn’t close. Perhaps the Porsche Mission E will prove to be more competitive.

Other super cars are suffering similar fates. The $1.3 million McLaren P1 hits 60 in 2.7 seconds (tweaked versions can reach 60 in 2.4 seconds); the Porsche 918 Spyder goes 0-60 in 2.6 seconds and costs $847,000. A six-figure upgrade shaves a few tenths of a second off that time, but not enough to beat a car that costs three-quarters of a million dollars less.

If these supercars can’t beat the Tesla, perhaps the next generation of “hypercars” can: Aston Martin’s Valkyrie and Mercedes-AMG Project One both cost about $3 million. Undeniably beautiful and extremely limited in production, these spectacular cutting-edge cars in present form will both be slower than the Tesla Roadster.

The speed crown matters to automakers. As we noted earlier this week, most all of the major auto manufacturers have been frightened by Tesla into embracing hybrid and/or electric vehicles. How successful Tesla is as a car company is almost beside the point and is surely open to extended debate. But it has already forced the rest of the industry into following its electric lead.

Barry Ritholtz is chief investment officer of Ritholtz Wealth Management.

Article source: http://www.dailyrepublic.com/business/tesla-scares-the-rest-of-the-auto-industry/

Grand Auto Sales to celebrate grand opening Saturday

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Article source: http://www.theindependent.com/news/local/grand-auto-sales-to-celebrate-grand-opening-saturday/article_d2896a12-cb27-11e7-9a2c-978ddda8edb7.html

Demand from Automotive Industry to Boost the Global Tannin Market | Technavio

LONDON–(BUSINESS WIRE)–Technavio’s latest market research report on the global
tannin market
provides an analysis on the most important trends
expected to impact the market outlook from 2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

The growing demand for tannin from the leather manufacturing and
winemaking industries is the key driving factor for the market growth.
The growth in these industries is attributed to the rising disposable
income of consumers. In addition, the high demand for wood adhesives is
also fostering the market for tannin.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

The top three emerging market trends driving the global tannin
market
according to Technavio research analysts are:

  • Development of new technologies and RD activities in automotive
    industry
  • Growing demand for wood adhesives
  • Demand from food and beverages industry

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.

Development of new technologies and RD activities in automotive
industry

The use of tannin in the automotive segment is directly proportional to
the use of leather. The high-quality leather used in the automotive
segment for car upholstery is manufactured using tannin. Therefore, the
increasing use of leather in the automotive industry augurs well for the
growth of the tannin market.

According to Mohd Shakeel Iqbal, a lead analyst at Technavio for specialty
chemicals
research, “Companies are making significant investments
in RD activities and are striving toward the development of an
environment-friendly leather manufacturing processes. The development of
new technologies which are at par with the needs of the automotive
industry is expected to foster growth in the global tanning market.”

Growing demand for wood adhesives

The global tannin market is expected to grow during the forecast period
because of the growth in the wood adhesives market. The growing number
of construction activities along with increasing consumer spending on
building refurbishment and renovation will drive the wood adhesives
market in the next five years. Tannin is used as an essential feedstock
to manufacture wood adhesives that are used in wooden furniture,
flooring, windows, doors, and in musical instruments as well.

The growing demand for wood adhesives is also attributed to the
compatibility of wood adhesives with a wide range of substrates, low
production cost, and faster curing time. The regions where the demand
for wood adhesives is growing are the Americas, APAC, and Europe. Thus,
with the growing use of wood adhesives, the consumption of tannin is
also expected to grow during the forecast period.

Demand from food and beverages industry

The demand for tannin in the food industry is growing in Europe as well
as in APAC. Tannins are extensively used in red wines. Wine is made from
the skins, seeds, and stems of grapes. Tannins are added to the wine
during the winemaking process. They help in a long and graceful aging
potential and add softer and more elegant flavor to the wine. Tannins
derived from Oak trees enhance the smell and taste of the wine by adding
unique notes of vanilla and licorice. Tannins also act as natural
preservatives and prevent oxidation and spoiling in wines.

“The increasing consumption of tannin in the food and beverages
industry is expected to fuel the growth in the global tannin market.
Apart from wine, tannin is used by several companies as food
preservatives. Companies are using new procedures to process tannin from
different sources to facilitate higher shelf life to the food products.
This is also expected to foster the demand for tannin in next five
years,”
says Shakeel.

Browse Related Reports:

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

Article source: http://www.businesswire.com/news/home/20171116005638/en/Demand-Automotive-Industry-Boost-Global-Tannin-Market

IgnitionOne Releases Q3 Automotive Industry Benchmarks Report

NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) — IgnitionOne, a global marketing technology and data analytics provider with a focus on the auto industry, announced the release of its Automotive Industry Report, establishing key industry benchmarks for Q3 2017 that allow automotive manufacturers and their dealers to compare website performance, visitor engagement over time and lead volumes by car segment and region. 

“Understanding consumer trends based on actionable insights within millions of data points enables auto marketers to make strategic decisions on where to invest their budgets,” said Rachel Pierson, Global Director, Strategic Accounts at IgnitionOne. “Automakers can pivot around current behavioral trends to target users with personalized experiences to achieve their marketing goals. Auto brands that win harness data insights to boost engagement, increase lead volumes and ultimately sales.”

Methodology and Summary of Findings
Based on 1st party data gathered from 350+ auto manufacturers and dealer websites across more than 50 countries, the report looks at global and car segment trends including website visits, visitor engagement, buying intent signals, and cumulative leads. The proprietary IgnitionOne Score™ models and defines, in real-time, the propensity to convert a visitor to a website, exploring how engaged they are with the automotive brand’s site, car models, products and offerings that they visit.

In summary, initial findings focus on monthly and quarterly comparisons related to traffic, as well as global trends around consumer engagement. The report closely examines lead volume trends by global region and by car segment (mid-size car, SUV, full-size pickup, compact SUV, et al). “Leads” are visitors who ultimately request a quote, voucher, or test drive, and therefore, when quantified and analyzed in detail, this lead data yields highly valuable intelligence for auto manufacturers and dealers alike.

“Digital transformation is changing the way auto manufacturers and their dealers think about customer experience, sales strategies, and marketing. It is key to auto manufacturers’ success, arming them with an arsenal of consumer data intent signals they can use to refine their plans,” said Will Margiloff, CEO of IgnitionOne. “The insights we’ve seen in Q3 alone prove that OEMs and their dealers need to leverage focused, data-driven strategies that target true ‘in market’ buyers, rather than random, broad-based efforts. This data-driven approach will allow them to counter down quarters and keep ahead in a highly competitive space.”

About the IgnitionOne Auto Solution
IgnitionOne provides intelligent marketing technology solutions and services that drive real-time customer engagement helping auto manufacturers, dealers and lead aggregators by providing data intelligence and the tools required to activate data-driven marketing strategically and effectively. Powered by IgnitionOne Score™, their proprietary data solutions and methodology allow marketers to create unique, one-to-one communications with both prospects and current customers to convert highly-interested users into qualified leads. These score-powered communications can be deployed through programmatic Display, Facebook, Google, and Website Personalization.

The debut report is the first in a quarterly sequence, with the next report anticipated in January 2018. Download the Q3 report here.

About IgnitionOne
IgnitionOne offers technology and services that help marketers win. The company focuses on intelligent audience creation, real-time cross-channel scoring, and robust optimization – providing a layer for smarter marketing decisions and deeper insights, whether you use native IgnitionOne solutions such as Search, Display, Email, and Website Personalization – or the marketing technology you already have.

With a global footprint of over 450 employees in 10 countries, IgnitionOne is one of the largest independent marketing technology companies in the world, currently scoring over 300 million users monthly in 75 countries and powering more than $60 billion in revenue each year for leading brands, including General Motors, CenturyLink, La Quinta and Acer, as well as advertising agencies such as 360i, GroupM and ZenithOptimedia.

For more information, please visit http://www.ignitionone.com or follow the company on Twitter @ignitionone. 

Contact:
Kendall Allen
For IgnitionOne
kallen@witstrategy.com 

Article source: https://globenewswire.com/news-release/2017/11/16/1194336/0/en/IgnitionOne-Releases-Q3-Automotive-Industry-Benchmarks-Report.html

SCBA Pres. Thom Callahan To Speak At JD Power/NADA Auto Industry Event


  • ThomCallahan.jpg

    Thom Callahan

    SOUTHERN CALIFORNIA BROADCASTERS ASSOCIATION (SCBA) Pres. THOM CALLAHAN will be a featured speaker at the J.D. POWER/NADA automotive industry event entitled; “Automotive Conference-LA” on NOVEMBER 28th at the INTERCONTINENTAL hotel in downtown LOS ANGELES. The J.D. POWER/NADA AUTOMOTIVE CONFERENCE will attract about 400 auto industry guests including manufacturers, dealer groups, dealers, J.D. POWER and NATIONAL AUTOMOTIVE DEALER ASSOCIATION (NADA) management, and their agencies.

    “The power and value of AM/FM radio in SOUTHERN CALIFORNIA to influence and motivate new and used vehicle buyers is made crystal clear in our NIELSEN/SCBA automotive research study; “The Local Path to Automotive Purchase,” CALLAHAN said. “Our speaking engagement on 11/28 will use the compelling facts of this study to make our case for Radio’s use on a larger scale, directly to the automotive industry.

    The SCBA has been presenting their joint NIELSEN/SCBA research study; “The Local Path to Automotive Purchase” to dealers, dealer associations and their agencies throughout SOUTHERN CALIFORNIA. The automotive study can be read at www.scba.com, reveals actual vehicle buyer preferences, and what media influences their buying decisions as well as their buying patterns.

    “We are excited to be speaking directly to automotive senior management using the compelling facts of our NIELSEN/SCBA study, to not only build value, but to make radio an even larger partner to the automotive industry,” he continued.

    « see more Net News


  • Article source: https://www.allaccess.com/net-news/archive/story/171538/scba-pres-thom-callahan-to-speak-at-j-d-power-nada

    Soft Magnetic Materials Market (2017-2022): Growing Demand from Automotive Industry – Research and Markets

    DUBLIN–(BUSINESS WIRE)–The “Soft
    Magnetic Materials Market: By Material, By Application, By End-Use
    Industry By Geography – Forecast (2017- 2022)”
    report has
    been added to Research and Markets’ offering.

    Soft magnetic materials can be defined as the materials which possesses
    the properties which allows it to be magnetised and demagnetised easily
    and as and when required. Globally increasing usage of soft magnetic
    materials in automotive industries is expected to remain one of the key
    growth driver for soft magnetic materials during the period of study.

    This report identifies the global soft magnetic materials market size in
    for the year 2015-2017, and forecast of the same for year 2022. It also
    highlights the potential growth opportunities in the coming years, while
    also reviewing the market drivers, restraints, growth indicators,
    challenges, market dynamics, competitive landscape, and other key
    aspects with respect to global soft magnetic materials market.

    Geographically Asia-Pacific dominated global soft magnetic materials
    market due to higher demand of the soft magnetic materials in the region
    as result of presence of large number of established players in the
    major end-use industry especially, automotive industry which is
    predominantly driving the demand for the soft magnetic materials
    globally. Asia-Pacific was followed by Europe and North America as the
    second and third largest markets for soft magnetic materials. However,
    increasing industrial investments and establishments in Asia-Pacific and
    growing number of presence of end-use industries in the region is
    expected to result into highest growth amongst all the regional market
    in the soft magnetic materials market place.

    Companies Mentioned

    • Hitachi Metals Ltd.
    • Toshiba Materials Company Ltd.
    • GKN Sinter Metals
    • Sintex A/S
    • Mate Co. Ltd.
    • Vacuumschmelze GmbH C0. Kg
    • Steward Advanced Materials
    • SA Technologies Limited
    • Ames SA
    • Daido Steel Co. Ltd.

    Key Topics Covered:

    1. Market Overview

    2. Executive Summary

    3. Market Landscape

    4. Market Forces

    5. Strategic Analysis

    6. Soft Magnetic Materials Market, By Material Type

    7. Soft Magnetic Materials Market, By Applications

    8. Soft Magnetic Materials Market, By End-Use Industry

    9. Soft Magnetic Materials Market, By Geography

    10. Market Entropy

    11. Company Profiles

    For more information about this report visit https://www.researchandmarkets.com/research/mtfbwl/soft_magnetic

    Article source: http://www.businesswire.com/news/home/20171116005678/en/Soft-Magnetic-Materials-Market-2017-2022-Growing-Demand

    Québec consumer law and the automotive industry: keep your hands on the wheel!

    Lavery recently attended the Strictly Automotive Seminar organised by the Defence Research Institute in Detroit, Michigan. The seminar addressed legal issues which the automotive industry is currently facing worldwide. This newsletter provides an overview of the legal principles vehicle manufacturers and dealers should consider when carrying on business in Québec.

    All transactions involving consumers in Québec are governed by the Consumer Protection Act (“CPA”)1. The CPA covers several aspects of the activities of automotive manufacturers and dealers, including but not limited to warranties, credit contracts, advertising and price posting.

    Warranties

    The CPA sets out several legal warranties in favour of consumers which dealers, manufacturers and intermediaries are required to provide.2 The two main legal warranties are: (1) the warranty of fitness for purpose3 (goods must be fit for the purpose for which goods of that kind are ordinarily used) and (2) the warranty of durability4 (goods must be durable in normal use for a reasonable length of time, having regard to their price, the terms of the contract and the conditions of their use).5

    These warranties result in a lower burden of proof being imposed on consumers. Once a consumer has shown a deficit of use or lack of durability, the dealer or manufacturer has the burden of proving that there is no latent defect, that the defect results from improper use by the consumer, that the defect was known by the consumer at the time of purchase or that the lack of durability is the result of normal wear and tear.

    Contracts of credit

    The form and content of contracts of credit (as well as statements of account) are strictly regulated by the CPA.6 The main obligations of merchants who enter into credit contracts are: (1) the obligation to fully disclose credit charges and the credit rate; (2) the prohibition against charging fees not disclosed in the contract; and (3) the proper computation of the credit rate.

    The CPA also governs advertising about credit, imposing strict disclosure obligations.7 To ensure compliance with the duties prescribed by the CPA, dealers and manufacturers must carefully follow these requirements. Over the years, the credit industry has had to defend several class actions, many of them involving the disclosure requirements for credit contracts.8

    The Québec Legislature has been planning to modernize the CPA provisions about credit contracts for many years. The Québec National Assembly is currently working on Bill 134, An Act mainly to modernize rules relating to consumer credit and to regulate debt settlement service contracts, high-cost credit contracts and loyalty programs9. Bill 134 contains measures which, if adopted, will allow consumers to take action against credit providers and rely on legal and conventional warranties against them.10 At the time of writing, Bill 134 is undergoing final “section by section” reading and therefore, should be passed shortly. We will discuss these new measures in an upcoming bulletin.

    Advertising

    A complete chapter of the CPA covers business practices, including advertising.11 These practices include: the prohibition against making false or misleading representations to consumers generally12 or regarding the benefits or other attributes ascribed to goods or services,13 the merchant’s identity,14 the rebates or premiums offered,15 the nature of the transaction16 and the price of the goods or services.17 Failing to mention an important fact in commercial advertising or a representation is also prohibited.18 These prohibited business practices are similar to what constitutes deceptive advertising practices in common law jurisdictions.

    The standard of analysis for the determination of deceptive practices is applied from the perspective of the average, inexperienced and credulous consumer.19 The CPA provides that such use of a prohibited practice creates a presumption that, had the consumer been aware of such practice, he would not have agreed to the contract or would not have paid such a high price.20

    In the landmark decision Richard v. Time, the Supreme Court of Canada held that the use of a prohibited practice such as false or misleading advertising creates an absolute presumption of prejudice in favour of the consumer if (1) the merchant or manufacturer failed to fulfil an obligation imposed by the CPA; (2) the consumer saw the representation that constituted a prohibited practice; (3) this resulted in the formation, amendment or performance of a consumer contract; and (4) a sufficient nexus exists between the content of the representation and the goods or services covered by the contract. Where these four requirements are met, the court can conclude that “the prohibited practice is deemed to have had a fraudulent effect on the consumer”. In such a case, the contract so formed, amended or performed constitutes, in itself, a prejudice suffered by the consumer”.21

    There is a strong relationship between the CPA provisions governing warranties and those governing prohibited business practices. Although both address commercial representations, they provide for different remedies. For example, failing to disclose a latent defect known to a manufacturer can trigger liability based on not only legal warranty but also the failure to mention an important fact in a representation made to a consumer.

    Advertising regarding autonomous vehicles will be an interesting issue within the next few years. Before launching an advertising campaign for this type of vehicle, section 220 a) of the CPA will have to be considered.

    This provision prohibits a manufacturer from falsely, by any means whatsoever, ascribing certain special advantages to goods or services in advertising. Additionally, because of the novelty effect of these vehicles, merchants will have to be very careful not to fail to mention an important fact regarding their use.22

    Prices

    The CPA contains strict rules regarding price posting and labelling. It provides that no merchant may claim fees from a consumer unless the amount thereof is clearly indicated in the contract.23 This includes credit contracts and leasing contracts. As a corollary to the provisions regarding the display of price, the CPA states that merchants may not charge a higher price for goods or services than advertised.24 The courts have been relatively strict in applying these provisions, leaving little room for error in prices and ruling that an error in price is not an excuse.25 Merchants must be very diligent in advertising or disclosing prices and fees, as several class action proceedings in Québec have been based on the failure to disclose fees or other charges in contracts.26

    Conclusion

    Manufacturers and dealers in the automotive industry must pay particular attention to the provisions of the CPA. If the manufacturer or dealer fails to fulfil an obligation imposed on him by the CPA, the consumer may demand, without prejudice to other remedies, the specific performance of the obligation (for instance, the repair of the product, the replacement of defective parts or to carry out maintenance work), that his obligations be reduced or that the contract be rescinded, set aside or annulled. The consumer may also claim punitive damages.27 Furthermore, the CPA contains penal provisions which could vary to a fine of $2,000 to $100,000.28 The range of legal issues facing players in the automotive industry is growing exponentially and showing no sign of slowing down. Indeed, a substantial number of cases and class actions have been instituted against businesses involved in this sector notably for product liability and prohibited business practices. The best way to prevent such claims is to take preventive action to avoid non–compliance with the CPA.

    Article source: https://www.lexology.com/library/detail.aspx?g=aadfa39c-c749-46b2-9a98-33fd915b09ba

    SA car industry code of conduct ‘battle begins’ – Right to Repair …

    Email us


     

    Change is needed

    Mc Master adds that the threat of disinvestment should not be used as a scare tactic to hinder change. 

    Mc Master said: “Far greater reasons for disinvestment would more likely be the current volatile political climate and depressed economy. Of more concern should be the potential job loss factor in the SME aftermarket automotive sector if a code enforcing access to information is not implemented. Independent workshops will not be able to sustain their businesses over the next few years if the current restrictions continue.”

    What about service plans?
       
    When it comes to service plans, he emphasises that the aim is not to do away with service plans but rather to give consumers the choice of whether or not they want a service plan. “Consumers need to understand that they are paying a premium for a built-in service plan.”

    He highlights that the European guidelines for competition in the automotive aftermarket have been tried and tested for 15 years. 

    He said: “The principals of competition in Europe do not just apply to the automotive industry, but to other industries too. The United States too has a long history of addressing competition issues in the automotive industry.

    “These are the biggest automotive markets in the world, with the strongest intellectual property rights. All OEMs in those countries are complying with the rules. Property rights are adequately protected and the size and strength of the automotive industry in those markets clearly shows that the concerns raised have no basis.”

    Guidelines needed

    He adds that R2RSA strongly believes the European guidelines should be used as a good example of best practice. 

    A spokesperson for a replacement parts supplier and supporter of the R2R campaign, who wishes to remain anonymous, says he has been following the Right to Repair campaigns promulgated in Europe and elsewhere and believes the SA code of conduct would bode well for an economy beset with challenges. 

    “Exclusivity over the years has had an adverse effect on consumers, restricting fair choice and resulting in economic imbalances. “We have been taking cognisance of the consumers’ needs and these include the need for an alternative to the OEMs. There has to be a solution that assists customers maintain and repair their vehicles within their budgetary constraints.”

    Changing the status quo

    He adds that the anti-competitive environment is in itself a latent and structural economic defect, the consequence of which prevents progress, hinders consumers’ rights and avails the benefits to the few instead of the broader economy.

    Mc Master agrees: “OEM representatives are claiming that anybody can currently participate in the industry on the same terms and conditions. Our stance is that it should not be up to the OEMS to lay down these terms and conditions, which is currently the case. They should be based on internationally acceptable competition law.

    “They also claim that 75% of the vehicles in the SA market are out of warranty, service or maintenance plans and conclude that there is ample opportunity for interested parties to compete in this market. Besides the fact that they are admitting that 25% of the market is currently being held captive by the OEMs, even in the remaining out-of-warranty portion of the market, competition is not fair because the technical specifications, tools, software access etc needed to service and repair these vehicles are not available.

    “There can be no compromise on customer safety and quality of service. Access to information will ensure just that and will make servicing a more affordable option for South Africans, in turn making our roads safer.

    “We look forward to further engagements with stakeholders on the code and will continue to pursue a solution that has consumers’ best interests at heart and gives aftermarket Small Medium Enterprises a chance to stay in business,” he concludes.

    Article source: http://www.wheels24.co.za/AutoTrader/sa-car-industry-code-of-conduct-battle-begins-right-to-repair-20171113

    Infiniti’s Customer Segmentation Solution Helped a Leading …

    LONDON–(BUSINESS WIRE)–Infiniti Research, a global market intelligence solutions provider, has
    announced the release of their latest customer
    segmentation study on the automotive industry
    . The client, a
    renowned automotive industry player, wanted to reposition their brand
    strategy without compromising on their potential customers. The client
    also wanted to enter new market segments and achieve better bottom-line
    results.

    According to the market analysis experts at Infiniti,
    “Leading automotive industry players are adopting customer segmentation
    solutions to identify the most profitable customer segments and develop
    a need-based and value-based segmentation scheme.”

    The automotive
    industry
    is in a better shape than it was a few years ago. Recent
    developments in emerging markets, the accelerated rise of new
    technologies, sustainability policies, and changing consumer preferences
    are factors revolutionizing the automotive industry.

    Request
    a free brochure
    to see how Infiniti Research’s solutions can
    help you.

    The solution offered by Infiniti helped the client to create robust
    marketing campaigns to encourage customer loyalty. The client was able
    to differentiate customers based on their economic value and develop
    customer segment hypothesis. Additionally, the client was able to
    allocate resources efficiently and increase performance against
    competitors.

    This customer segmentation solution provided
    benefits that helped the client to:

    • Understand the needs and buying characteristics of the customers
    • Identify the marketing channels and sales channels and devise an
      effective go-to-market approach
    • To know more, request
      a free proposal

    This customer segmentation solution offered predictive insights on:

    • Understanding the product portfolios and developing focused marketing
      strategies
    • Identifying lucrative opportunities and ultimately increasing revenues
    • To know more, request
      a free proposal

    View the customer segmentation study here:

    https://www.infinitiresearch.com/casestudy/automotive-industry-customer

    About Infiniti Research

    Established in 2003, Infiniti Research is a leading market intelligence
    company providing smart solutions to address your business challenges.
    Infiniti Research studies markets in more than 100 countries to help
    analyze competitive activity, see beyond market disruptions, and develop
    intelligent business strategies.

    With 14+ years of experience and offices across three continents,
    Infiniti Research has been instrumental in providing a complete range of
    competitive intelligence, strategy, and research services for over 550
    companies across the globe.

    Article source: http://www.businesswire.com/news/home/20171114005716/en/Infinitis-Customer-Segmentation-Solution-Helped-Leading-Automotive

    Italian Automotive Supplier Blutec Selects Dassault Systèmes …

    VELIZY-VILLACOUBLAY, France–(BUSINESS WIRE)–Dassault
    Systèmes
    (Paris:DSY) (Euronext Paris: #13065, DSY.PA), the
    3DEXPERIENCE Company, world leader in 3D design software, 3D Digital
    Mock Up and Product Lifecycle Management (PLM) solutions, today
    announced that the 3DEXPERIENCE platform was chosen by Blutec
    Srl
    to support its 300 million euro automotive industrial project in
    collaboration with Invitalia,
    the Italian Ministry of Economy’s agency for investment and business
    development.

    Blutec will relaunch an automotive industrial site in Termini Imerese,
    Sicily that was shut down in 2011 and repurpose it to manufacture hybrid
    and electric vehicles for the international automotive industry, as well
    as gradually reemploy the former facility’s 700-person workforce. Blutec
    will deploy Dassault Systèmes’ 3DEXPERIENCE platform to train employees
    on sustainable industrial innovation and use the “Electro
    Mobility Accelerator
    ” industry solution experience to imagine,
    design, simulate and deliver new vehicle concepts. The project is
    expected to be fully implemented in 2018.

    “Blutec’s mission for the Termini Imerese site is to produce components
    and an innovative series of green vehicles for the most prestigious car
    manufacturers and bring social and economic benefits to the region,”
    said Cosimo Di Cursi, CEO, Blutec. “When our bid to revitalize this
    important industrial area was selected by Invitalia over 22 other
    candidates, our first investment was in Dassault Systèmes’ 3DEXPERIENCE
    platform. We consider this technology to be the fundamental starting
    point for conceiving, creating and selling a highly technological
    product that requires intensive research and development activity.”

    “Electro Mobility Accelerator” will provide Blutec with a collaborative
    digital environment to virtually define, evaluate and validate the
    performance of components and custom trimmings for limited edition cars
    as well as for an exclusive series of hybrid and electric cars based on
    existing models that will feature eco-friendly changes to lower
    emissions.

    “Blutec’s automotive industrial renaissance project aims to build a
    creative hub for manufacturing that will contribute to a new and
    sustainable transportation and mobility marketplace,” said Olivier
    Sappin, Vice President, Transportation Mobility Industry, Dassault
    Systèmes. “The 3DEXPERIENCE platform offers multi-domain digital
    capabilities that are essential for next generation electric vehicle
    research and development and will support Blutec’s targeted level of
    innovation and industrial leadership.”

    For more information on Dassault Systèmes’ industry solution experiences
    for the transportation mobility industry, please visit http://www.3ds.com/industries/transportation-mobility/

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    About Dassault Systèmes
    Dassault Systèmes, the 3DEXPERIENCE
    Company, provides business and people with virtual universes to imagine
    sustainable innovations. Its world-leading solutions transform the way
    products are designed, produced, and supported. Dassault Systèmes’
    collaborative solutions foster social innovation, expanding
    possibilities for the virtual world to improve the real world. The group
    brings value to over 220,000 customers of all sizes, in all industries,
    in more than 140 countries. For more information, visit www.3ds.com.

    3DEXPERIENCE, the Compass logo and the 3DS logo, CATIA, SOLIDWORKS,
    ENOVIA, DELMIA, SIMULIA, GEOVIA, EXALEAD, 3D VIA, BIOVIA, NETVIBES and
    3DEXCITE are registered trademarks of Dassault Systèmes or its
    subsidiaries in the US and/or other countries.

    Article source: http://www.businesswire.com/news/home/20171113005672/en/Italian-Automotive-Supplier-Blutec-Selects-Dassault-Syst%C3%A8mes%E2%80%99