Korean tire manufacturer Kumho Tire is employing passive ultrahigh-frequency (UHF) RFID tags to track its consumption of the rubber materials that it uses to assemble tires at two of its factories.
New research shows that 56 percent of automotive parts and accessories shoppers are making their purchases online - an 8 percent increase over the previous year. The study also indicates that consumers are combining online and in-store channels for an omnichannel shopping experience. Omnichannel is when shoppers seamlessly shift between mobile, online and in-store resources to research, purchase, pick up and return their items.
As trucks have become more advanced, transportations companies are increasingly in need of technicians with computer skills. But truck operators say negative perceptions of the industry are making it difficult to compete for tech-savvy talent.
The Volkswagen emissions cheating scandal has tanked the company's stock price, ousted its top executive and could ultimately cost the world's top automaker tens of billions of dollars. It may also destroy the credibility of diesel technology from all automakers.
The Western European passenger car market recorded another strong uplift in sales volumes in August with a 10.3 percent year-on-year rise in sales to 706,041 units, according to the latest IHS Automotive forecast. This further pulled up the year-to-date increase for the first eight months of the year by 8.5 percent year over year to 10.07 million units. Following August's result, the final adjusted trend-cycle seasonally adjusted annual rate of sales showed its highest level since February 2010 with a figure of 13.4 million units.
Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.
With the current state of IoT security, we might call it the Internet-of-Vulnerable-Things. It's all the more alarming because of the types of physical machines/systems that are increasingly network-connected - traffic lights, airplanes, nuclear power plants, and other critical or potentially lethal systems.