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Archive for the ‘Automotive News’ Category

Major world leaders in the automotive industry, polled in a survey conducted by KPMG, believe that overcapacity and overproduction of vehicles worldwide are still a very relevant for the sector. This is one of the main conclusions of the 13th annual edition of the KPMG study on automotive for which interviewed 200 senior-level managers worldwide.

More than half of respondents expect that China is the oversized country in 2016. In fact, the Chinese government last week announced that it will no longer prevail, as has been done until now, foreign investment in the automotive sector, to understand that the production of vehicles is very high in the country. According to OICA, the global association of automobile manufacturers, China produced in 2010, 18.28 million units between heavy and light vehicles.

Consultant’s report also includes the automotive world experts understand that there will be a settlement of the electric vehicle with significant market shares around 15%, until 15 years. However, Asian managers, especially Chinese and Japanese, are committed to greater penetration of electric vehicles on the continent in 2025, with market shares of up to 25%.

By contrast, in the case of the U.S. are more skeptical and forecasts suggest that the electric vehicle registrations reach a maximum of 10% over the period of 15 years.

Pessimism is installed in the automobile sector. That puts it …show ANIACAM Observatory in its latest survey reveals that 33% of its affiliated companies believes that the sector is in “free fall” while 67% do not expect improvement in 2012. This survey, conducted between representatives of the 35 companies that import, is a clear reflection of the situation and the “spirits” that exist in the automotive sector, as well as a thermometer of consumption in our country.

The stage continues to be unflattering for brands and dealers and that “the data have not changed with respect to the first survey was conducted late in the first half of 2011 and the outlook remains negative,” Lopez Madrid explicaGermán president ANIACAM.

“The main problem to revive the market remains difficult for customers to access the funding.” In fact, says Germain Lopez Madrid, “66.6% of respondents said that for customers is more difficult access to credit.” This reality, coupled with the evolution of the economy influences the fact that, although customer traffic at the site has been maintained or increased in 83% of cases in local traffic to buy a car has decreased by 78% of partners surveyed. “Customers want to renew their vehicle and use the internet to learn about the products but the difficulties in obtaining credit throw them back at the time of going to the dealer,” says Germain Lopez Madrid.

- China will lead the sales and vehicle exports by 2017.
Over the next five years, it is expected that seven in ten automakers more growth to come from Asia.

- still not expected to electro-mobility exceeding 15 percent of new registrations by 2025.
The urban mobility will determine the city planning and design of the cars of the future.

According to the 13th edition of the comprehensive study on automotive KPMG, 76 percent of respondents indicated that efficiency in fuel consumption is still the most important factor in purchasing decisions of consumers, followed in this edition, by respect for the environment (65%), two thirds do not expect electric vehicles exceed 15 percent of global sales per year over the next 15 years. However, it seems that this is the situation in China, Japan and other high-growth markets, which is expected to gain strength electro-mobility before, according to the findings of the study.

Participants from Asia, mainly China and Japan, provide a greater penetration of electric vehicles by 2025, well above the global average, more than 50 percent of respondents in China expected to reach between 11 figures and 25 percent (or between 4 and 9 million vehicles per year) of new registrations of electric cars. In the case of Japan, 46 percent of respondents expected that they exceed 25 percent. This contrasts with the situation of the United States, where nearly 50 percent of respondents believe that new registrations of electric cars will mean only between 6 and 10 percent by 2025.

Thus, fuel technology will emerge as dominant optimal method to propel vehicles before 2025 is the main issue on which both manufacturers and suppliers show greater insecurity. Read the rest of this entry »

The Italian automaker Fiat has found a local partner to build a car manufacturing plant in the Russian city of St. Petersburg.

The Russian bank Sberbank acting as a partner Fiat to finance the construction and receive a stake in the future installation. The estimated investment for the construction of the Fiat plant is 800 to 900 million euros.

In late June, Fiat signed a joint agreement in the industry with the Ministry of Economic Development, under which the company will produce about 120,000 cars in Russia annually, and build an engine plant. The company expects to invest over 1,000 billion in the project.

Buying auto parts online does not have to be difficult. If you are looking for factory or OEM parts you can check out the websites for your make of vehicle and find exactly what you are looking for. If you want to save some money and get aftermarket parts, you will find an endless amount of suppliers by using the search engines or online directories. Aftermarket parts not only will save you money for replacement parts but if you want to modify your vehicle in any way they offer you many options to do so.

When you browse around online at the various suppliers be sure you do some comparison. Choose a few of the top sites in the industry and do a side by side comparison of what they have to offer. The first thing you should look at is quality. Does the supplier offer specifically designed parts for your vehicle like mopar parts does? What grade of materials do they use and are the Cherokee parts the same or better quality than the factory parts your vehicle came with?

The second thing to consider is the warranty. What kind of warranty do the parts you are buying come with? You have to consider that the better the warranty the more likely it is that the parts are quality parts.

The last thing to consider is price. Just because one supplier offers their parts at a lower price does not necessarily mean that you are getting the best deal.