Firstly, Indonesia still has a very low per capita car ownership ratio implying there is enormous scope for growth as there will be many first-time car buyers among Indonesia’s rapidly rising middle class. Secondly, the popular and affordable low-cost green car is expected to boost sales. Thirdly, the Indonesian government is eagerly trying to speed up infrastructure development across the Indonesian nation. Product and operation tests and inspections at different stages of the value chain are made to avoid these product recalls by ensuring end-user security and safety and compliance with the automotive industry requirements. However, the automotive industry is still particularly concerned about product recalls, which cause considerable financial consequences.
- Unlocking the growth opportunity in battery manufacturing equipment May 3, 2022 – Surging demand for battery cells gives rise to an opportunity for European machinery and equipment manufacturers to supply emerging…
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- Transform the customer experience from many disconnected interactions to a holistic and meaningful personalized experience that is founded on purpose.
- In global role, GAIKINDO is a partner of the automotive industry associations in various countries.
- In the automotive industry, safety means that users, operators, or manufacturers do not face any risk or danger coming from the motor vehicle or its spare parts.
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Rising Interest Rates Test Demand for Cars
Thanks to SAP solutions, this first-of-its-kind use of machine learning to eliminate superfluous quality tests has wide-ranging implications for manufacturing efficiency and a shorter product manufacturing lifecycle. Carmakers, suppliers, and dealerships are under intense pressure to transform their businesses and prepare for the future of mobility. Our businesses will serve instrumental functions that underpin global capital and commodity markets, supporting critical industries and providing essential intelligence that accelerates progress in every corner of the economy.
Tracking key trends in the automotive industry
The type of city will thus become the key indicator for mobility behavior, replacing the traditional regional perspective on the mobility market. By 2030, the car market in New York will likely have much more in common with the market in Shanghai than with that of Kansas. City type will replace country or region as the most relevant segmentation dimension that determines mobility behavior and, thus, the speed and scope of the automotive revolution. McKinsey Technology Trends Outlook 2022 August 24, 2022 – Which technology trends matter most for companies in 2022? New analysis by the McKinsey Technology Council highlights the development,… Overcoming obstacles to the electrification of transportation August 30, 2022 – In an interview at the M30 Mobility Summit, Navistar’s Michael Grahe shares his views on the latest developments in mobility.
Alternative M&A deals in the automotive industry
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