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‘Auto industry has shot itself in the foot several times’

Industry Minister Débora Giorgi has questioned the decisions taken by automotive industry leaders, whom she held accountable for recent suspensions and layoffs. The minister stressed that despite the slower economic activity in the industry, “there have been no plant closures.”

The official said that “the auto industry has shot itself in the foot several times,” in an interview with Tiempo Argentino newspaper. “First, when there was a exchange rate adjustment, they increased prices much more than the dollar’s increase,” Giorgi said, “and they cut off financing lines for the domestic market.”

“Then they realized that they were wrong because in march, april, as Pro.Cre.Auto (credit scheme for new cars) was launched they had to lower their price and demand began to reactivate,” the minister added.

She said that the automotive industry leaders “shot themselves again in the foot with their reaction to Pro.Cre.Auto, when they decided to reduce automobiles stock, thinking there were going to be new exchange rate adjustments that would prevent them from replenish stock.”

Giorgi condemned business leaders for taking measures that in are harmful in the end, based on “wrong exchange rate expectations.”

Article source: http://www.buenosairesherald.com/article/170319/auto-industry-has-shot-itself-in-the-foot-several-times

Indian Auto Industry Can Touch $300 Billion Mark by 2026: Study

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Article source: http://profit.ndtv.com/news/industries/article-indian-auto-industry-can-touch-300-billion-mark-by-2026-study-664297

Future Of Car Retailing in the Indian Automotive Industry – SYS


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LONDON, Sept. 17, 2014 /PRNewswire/ — This Market Insight finds that car companies in India will increasingly apply an omnichannel strategy to help market and sell their cars to customers. New cars will be sold via a number of channels, leveraging existing dealer networks and new flagship stores, as well as online and mobile channels. Since 2006, about 4,500 new cars were sold online. India has the potential for implementing the “online retailing” concept in its automotive industry as the Internet caters to all kinds of social groups. Internet usage in rural areas remains a challenge, but rural areas show potential for the automotive industry.

Key Findings
1 eCommerce is expected to grow fourfold in India by 2020, accounting for % of India’s economy—up from less than % in 2013 with major contributions from Amazon, Google, eBay Inc., Wal-Mart and Indian e-tailer Flipkart. Online travel booking accounted for over % of consumer eCommerce transactions in 2013. Online retail sales generated $ billion in 2013.
2 Online new car retail in India is hindered because of the registration process at regional transport offices (RTOs), pre-delivery checks, and financing activities. The only potential online actions will be general, technical research; pre-bookings; bids; and short-term deals.
3 Renault India is capitalizing on digital and social media: about % of its leads are via the Internet and mobile devices, and it has heavily invested in technology. Digital marketing spends for Ford India increased in 2013— % of its budget will be on digital and mobile promotions, with % each for on-air promotions and on-ground activities. It has online and digital campaigns for the EcoSport model.
4 Google India launched the Great Online Shopping Festival in 2012; % of the shoppers for the 1-day promotion were first-time buyers. It was expanded to 4 days in 2013— houses and cars were sold, with % of the shoppers being women. This was a clear indication of the potential of eCommerce in India.
5 Skoda India initiated its Online Sales Project in association with CarWale.com in 2009 with variants of the Skoda Fabia. It is now extended to book any car in the Skoda line with a nominal booking fee of INR (about $) and a % money-back guarantee in case of cancellation.

Definition of eRetailing
eRetailing is a subset of eCommerce in which goods and services are purchased online, either directly or through business-to-consumer (B2C) intermediary sites.

Download the full report: https://www.reportbuyer.com/product/2370838/

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SOURCE ReportBuyer

Article source: http://www.sys-con.com/node/3190187

Mass employee retirement may spell trouble for automotive companies

LIMA — Automotive companies may be in trouble with a potentially debilitating loss of workers coming.

This “mass exodus” of employees from the auto workforce projected to happen in the next few years is due to an entire generation retiring, and the following generations appears ill-prepared to fill their shoes.

Though several industries will feel the loss of baby boomers, the automotive industry may have more trouble replacing them with equally-skilled workers.

The issue is something local companies have been staring down for 10 years or more, said Eric Davis, coordinator of strategic workforce development at the Allen Economic Development Group.

“We should’ve been talking about it longer than now,” he said. “The good news is Allen County is trying to take steps to move forward.”

AEDG, the Lima Auto Taskforce, Ohio Means Jobs, Rhodes State College and others are helping the industry figure out how to tackle the looming loss.

“I think there’s issues of having well-trained and well-qualified candidates,” said Lima Mayor David Berger, who is also a member of the Lima Auto Taskforce, which discusses issues in the Lima auto community. “We began several years ago engaging with the Ohio Department of Development, trying to seek additional training resources.”

Thirty-eight percent of companies in west central Ohio had trouble finding workers with intermediate training in 2013, according to research from a Rhodes State manufacturing survey. About 26 percent had trouble finding basic-skilled workers, and 34 percent had trouble finding advanced-skilled workers. These numbers may prove troubling, as the same survey shows that 77 percent of companies planned to hire in the next two years in all skill levels.

The lack of skilled workers is pushing companies to work with schools and other community partners to create a “pipeline” of talent.

SOURCE OF SKILLS

Many schools in the area have programs that teach students skills needed to go into the automotive workforce and Senator Rob Portman recently introduced legislation to make sure schools are offering quality, relevant courses.

The Educating Tomorrow’s Workforce Act of 2014 encourages companies to partner with community stakeholders, emphasizes the importance of curriculum aligning with local, regional and state workforce demands and improves the connection between high school and college education.

At Rhodes, students wishing to go into the auto workforce can take mechanical, electrical and manufacturing engineering and technology, said Matthew Kinkley, executive director of Workforce, Economic Development and Continuing Education.

“We’re working to enhance the workforce and transfer that knowledge base,” Kinkley said.

Grob has been working to ensure a future workforce since it came to Bluffton in 1991. But it wasn’t aimed at the potential loss, instead, its part of a company philosophy for the auto parts maker.

“I like to tell everybody that we grow our employees; we don’t hire them,” said Mike Hawk, training supervisor of the apprenticeship program.

The two-year apprenticeship program has about 15 students in it each year, and Grob hires all of them when they graduate the program. Grob pays apprentices by the hour and pays for tuition while they attend Rhodes State College two days a week.

This means the company can relax a little about the aging workforce. It has been supplementing their workforce with new hires each year for decades.

“We’re not reliant on anybody to educate our employees. We’re doing it ourselves,” Hawk said.

Few companies do them now, but apprenticeships may come back as a way to fill skilled workers’ positions as they retire, said Joe Patton, workforce development coordinator at Ohio Means Jobs.

Dana Holding Corporation, which engineers technology to improve vehicle performance and has a plant in Lima, is developing classes to make sure employees have up-to-date training and offers an internship program.

“As part of our ongoing efforts to enable our workforce and enhance the capabilities of people joining the company, we re-introduced an apprenticeship program with Rhodes State College last year,” Tim Lozner, Dana’s plant manager in Lima, said in a statement. “Last year’s class of eight apprentices was a great success, and we already have six people enrolled in the program for this year.”

GAP IN WORKFORCE

It’s important that schools and companies focus on young people today, since the generation coming up after the baby boomers represents a “dip” in the automotive skilled workforce, said Kristen Dziczek, director of the industry and labor group at the Center for Automotive Research.

For many reasons, individuals currently ages 35 to 44 weren’t choosing to go into manufacturing and automotive work in as large of numbers as boomers when it came time to decide on a career.

Instead, many of them went to college and on to other careers.

Parents, society and schools have been giving students the hard sell when it comes to college for years, and “somewhere we lost focus” of manufacturing jobs and how college isn’t right for everyone, Davis said.

“There’s a misconception,” he said, explaining that people think if young people don’t go to college they could’ve “done so much more with their lives.”

There’s also the fact that many young people and people now in the 35 to 44 age range were encouraged by their parents and grandparents not to go into the automotive workforce, Dziczek said.

“Certainly in the automotive community, where people have gone through crisis and had personal pain … They encourage kids to go into other industries,” she said. “They want their kids to have a better life.”

REVERSING STEREOTYPES

But, the manufacturing jobs of today aren’t those of your parents’ time, Patton said.

Plants and factories are no longer dark, dirty places with bad working conditions, and young people of today need to be told this or shown it.

“We need to do a better job locally of showing what’s out there,” Patton said. “Kids need a career pathway to show what careers are about.”

With more companies and schools partnering and kids getting to see automotive and manufacturing plants, the trend seems to be slowly changing.

More recent high school graduates went to college in October 2012 than in October 2013, according to the Bureau of Labor Statistics, many choosing to go into the workforce instead.

The cultural factors that impacted 35- to 44-year-olds and caused the “dip” makes it increasingly important that companies know what ages their employees are, said Dziczek, who works at CAR, a non-profit based in Ann Arbor, Michigan, researching issues related to the future of the auto industry.

American Trim, a company that works on metal forming and finishing for multiple industries and has Ohio locations in Lima, Wapakoneta and Sidney, watches its demographics “very closely,” said Bob Stead, vice president of human resources. About half of the workforce is ages 45 to 62.

“I think the overall premise [of the aging workforce] is true and certainly something we’ve worked hard on as far as developing plans for talent readiness and plans for succession,” Stead said.

A representative of Ford Motor Company expressed concern over the aging workforce at a Regional Auto Growth Summit in Lima a few weeks ago, but the company, which has an engine plant in Lima, declined to comment further.

Honda, with plants in Marysville and Anna, is working to nurture high school students who are interested in science, technology, engineering and math fields because they see an increasing number of employees retiring recently, said Honda Spokesman Chris Tucker.

In addition to looking at future workers, Honda looks at its current workforce and always tries to anticipate and plan for transitions and turnover, Tucker said.

“We monitor retirement as part of our strategy and development,” he said. “We have to strategize to prepare and develop our pipeline.”

Article source: http://www.limaohio.com/news/business-home_top-news/50329585/Looking-for-laborers

Henkel bolsters support for Thai auto industry

Globally, the automotive industry is an important market served by Henkel’s adhesive-technologies business sector. In Thailand, Henkel is working with about 80 direct customers – both automotive companies and original equipment manufacturers – and delivers integrated solutions along the entire automotive value chain from press, body and paint shop to assembly and repair operations.

To strengthen its market presence, Henkel Thailand has been building up its capabilities and increasing support for the local automotive industry.

“Thailand is a strong pillar of Henkel’s emerging market strategy and we are committed to Thailand’s automotive industry for the long term,” said Daniel Rudolph, director of transport and metal business for Henkel adhesive technologies in Southeast Asia.

“We have doubled the size of our sales and technical team for serving the Thai automotive industry. We have also expanded our range of automotive solutions available locally to around 200 products and technologies, representing an increase of 25 per cent compared [with] 2013.”

Henkel Thailand is also working with several automotive customers on various innovation projects, such as alternative-energy vehicles.

“Together with our customers, we are developing solutions that will lead to sustainable transportation. Using Henkel’s adhesive-technologies solutions, customers can reduce their manufacturing processing steps, lower operating costs, [and] achieve lighter, energy-efficient vehicles and better vehicle performance,” Rudolph said.

Henkel says its early involvement in customers’ design and development processes enables the firm to provide tailor-made solutions aligned with market challenges and needs. Furthermore, the company’s global technical and manufacturing footprint ensures consistent best-in-class quality and services for customers, it says.

Henkel Thailand has strengthened its manufacturing capabilities with more products for the automotive industry being produced locally. Currently about one-third of Henkel’s products for the automotive segment are manufactured in Thailand. The key brands are Technomelt, Bonderite, Loctite and Teroson.

Globally, Henkel offers a comprehensive range of solutions for the automotive industry. While sealants and functional coatings are used to protect car bodies against corrosion, acoustics solutions reduce noise and vibrations.

Structural adhesives from Henkel increase the stiffness of crash-relevant car body parts and thus enable weight reduction while retaining the integrity required to ensure safety. In addition, cleaners and lubricants improve the efficiency of producing metal parts as well as a comprehensive assembly and engineering adhesives portfolio, the company says.

Henkel operates worldwide with leading brands and technologies in three business areas: laundry and home care, beauty care, and adhesive technologies.

Article source: http://www.nationmultimedia.com/business/Henkel-bolsters-support-for-Thai-auto-industry-30243676.html

Nigeria Not Ready for Automotive Industry Law – Mark

The Senate President, David Mark, on Thursday said Nigeria was not ready for the Nigeria Automotive Industry Bill.

Mr. Mark said he did not think Nigeria had the right resources to implement the law if passed.

He spoke during deliberation on the Nigeria Automotive Industry Development plan (Fiscal Incentives, assurance and guarantees) Bill which passed its second reading on Thursday.

Victor Ndoma-Egba (SAN) representing Cross River Central Senatorial District, the senate leader, sponsored the bill.

The objective of this bill is to create revenue and expand the automobile market in Nigeria.

Mr. Mark said the bill was a good one without doubt but it won’t solve the problem in Nigeria’s automotive industry.

He said Nigeria was not prepared for the bill to be carried out because no investor would put his money were 24 hours power was not guaranteed.

He said a good foundation had not been laid to enable the bill become a success.

“This is an excellent bill, we should pass it. We are missing the point not by this bill but you know because we have not laid the foundation for which this bill can become sustainable.

“I believe that the implementation is very important and unless we get these other factors together, this will remain absolutely good on paper but in practice it is going to be very difficult to get it right.

“China has protectionist policy; today, everybody is going to China. India has protectionist policy, there is no country does not have the protectionist policy but we abandon our own because we have failed in several other areas,” he said.

Mr. Egba, the sponsor of the bill, said there was a huge automobile market in Nigeria and the bill would create opportunities to increase the standard of living of citizens and earn great revenue for the country.

He also said the objectives – income tax relief, tariff re-adjustment, administration and assurances would enhance the prospects of development of automotive in Nigeria.

Mr. Ndoma-Egba said about 400,000 vehicles worth over N550 billion were imported into the country in 2012.

“A total of about 400,000 vehicles – 100,000 new and 300,000 used – valued at over N550billion were imported in 2012. The Bill will thus facilitate the injection of foreign direct investment into the economy,” he said.

In concluding, Mr. Mark commended the government for its good work.

“We should commend government but we must let government know that for this bill to be meaningful, a few other things must be out in place, almost immediately along this bill.

“Sincerely, I agree that this government is doing very well and we are doing our best so that we implement these bills that we pass,” he said.

Article source: http://allafrica.com/stories/201409190641.html

Mexico becoming a major force in world’s automotive industry

National

Tomato growers’ lawsuit against feds fails to bear fruit

Article source: http://www.mcclatchydc.com/2014/09/17/240150/mexico-becoming-a-major-force.html

Opportunities for Adhesive in Global Automotive Industry 2014-2019: Trends …




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DUBLIN, Sept. 18, 2014 /PRNewswire/ – Research and Markets has announced the addition of the “Opportunities for Adhesive in Global Automotive Industry 2014-2019: Trends, Forecasts and Opportunity Analysis” report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

Growth in the production of passenger cars and light commercial vehicle, and increasing penetration of lightweight materials and plastics in automotive are likely to boost the global automotive adhesives industry. Global automotive adhesives industry is expected to reach $9.4 billion in 2019 promising huge opportunity for the firms operating in the automotive industry.

This report studies global automotive adhesives industry with an in-depth analysis of all the four regions such as North America, Europe, Asia Pacific, and Rest of World (ROW). It includes segment breakdown by applications and chemical product type. Applications include adhesive consumption in passenger car, buses, heavy trucks, and light commercial vehicle. Chemical product type segmentation includes epoxy adhesive, polyurethane adhesive, and acrylics and other adhesives.

The growth of adhesives is dependent on the production of automotive and increasing penetration of lightweight materials and plastics in automotives. Light commercial vehicle production is expected to grow with a CAGR of approximately 3% during 2014-2019. These two are the major factors which increased the consumption of automotive adhesives.

Asia Pacific (APAC) has been the top region in terms of total adhesive consumption, due to increase in the production of passenger car and light commercial vehicles in China and India. Presence of key manufactures such as Toyota Motor Corporation and Nissan Motor Company Limited and other top players increased the epoxy, polyurethane, and acrylic adhesives consumption in this region.

This report highlights key challenges faced by the automotive adhesives industry. Government regulations for Volatile Organic Compound (VOC) control and raw materials price pressure are the major challenges for the industry. Increased focus on weight reduction, cost reduction, and fuel economy by the automotive manufacturers still promises significant growth opportunities for automotive adhesives as compared to mechanical fasteners.

This report covers in depth analysis of global automotive adhesives industry covering each region and stating the emerging trend of the industry which will reflect growth in the forecast period.

This unique report will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.

Key Topics Covered:

1. Executive Summary

2. Industry Background and Classifications

3. Market Analysis

4. Competitor Analysis

5. Growth Opportunity Strategic Analysis

6. Company Profiles for Leading Players

7. Customer Analysis

Companies Mentioned:

  • 3M Company
  • AB Volvo
  • Daimler AG
  • Dow Chemical
  • Faurecia SA
  • Henkel
  • Johnson Controls Inc.
  • PPG Industries Inc.
  • Sika AG
  • Toyota Motor Corporation

For more information visit http://www.researchandmarkets.com/research/ptp2jb/opportunities_for

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets

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Article source: http://www.prnewswire.co.uk/news-releases/opportunities-for-adhesive-in-global-automotive-industry-2014-2019-trends-forecasts-and-opportunity-analysis-275627471.html

Senate stepping in to fine-tune PHL auto industry roadmap

(Updated 7:20 p.m.) The Senate is stepping in to make sure the Philippine automotive industry roadmap is oriented towards the 

Article source: http://www.gmanetwork.com/news/story/379746/economy/companies/senate-stepping-in-to-fine-tune-phl-auto-industry-roadmap

Nigeria not ready for automotive industry law – Mark

The Senate President, David Mark, on Thursday said Nigeria was not ready for the Nigeria Automotive Industry Bill.

Mr. Mark said he did not think Nigeria had the right resources to implement the law if passed.
He spoke during deliberation on the Nigeria Automotive Industry Development plan (Fiscal Incentives, assurance and guarantees) Bill which passed its second reading on Thursday.

Victor Ndoma-Egba (SAN) representing Cross River Central Senatorial District, the senate leader, sponsored the bill.

The objective of this bill is to create revenue and expand the automobile market in Nigeria.

Mr. Mark said the bill was a good one without doubt but it won’t solve the problem in Nigeria’s automotive industry.

He said Nigeria was not prepared for the bill to be carried out because no investor would put his money were 24 hours power was not guaranteed.

He said a good foundation had not been laid to enable the bill become a success.

“This is an excellent bill, we should pass it. We are missing the point not by this bill but you know because we have not laid the foundation for which this bill can become sustainable.

“I believe that the implementation is very important and unless we get these other factors together, this will remain absolutely good on paper but in practice it is going to be very difficult to get it right.

“China has protectionist policy; today, everybody is going to China. India has protectionist policy, there is no country does not have the protectionist policy but we abandon our own because we have failed in several other areas,” he said.

Mr. Egba, the sponsor of the bill, said there was a huge automobile market in Nigeria and the bill would create opportunities to increase the standard of living of citizens and earn great revenue for the country.

He also said the objectives – income tax relief, tariff re-adjustment, administration and assurances would enhance the prospects of development of automotive in Nigeria.

Mr. Ndoma-Egba said about 400,000 vehicles worth over N550 billion were imported into the country in 2012.

“A total of about 400,000 vehicles – 100,000 new and 300,000 used – valued at over N550billion were imported in 2012. The Bill will thus facilitate the injection of foreign direct investment into the economy,” he said.

In concluding, Mr. Mark commended the government for its good work.

“We should commend government but we must let government know that for this bill to be meaningful, a few other things must be out in place, almost immediately along this bill.

“Sincerely, I agree that this government is doing very well and we are doing our best so that we implement these bills that we pass,” he said.

Article source: https://www.premiumtimesng.com/news/more-news/168333-nigeria-not-ready-for-automotive-industry-law-mark.html