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.
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.
Premium audio system sales in new vehicles are expected to grow from just over 8.6 million units globally in 2014 to more than 11.6 million units in 2021, with branded speaker system sales expected to grow from more than 8.7 million units to 11.1 million units in the same time frame, according to the IHS Automotive forecasts for these systems.
Automotive suppliers are under mounting pressure to satisfy two conflicting customer demands: to cut costs and to open more factories in fast-growing emerging markets so that they can be closer to their customers' production plants. Striking the right balance between cost and proximity in global manufacturing networks will be one of the industry's greatest challenges, according to a report by The Boston Consulting Group (BCG), conducted in partnership with the Fraunhofer Institute for Manufacturing Engineering and Automation IPA. The report is titled The Proximity Paradox: Balancing Auto Suppliers' Manufacturing Networks.
Efficient supply chains can be identified by a handful of components: proximity, flexibility and minimal waste. Now, the automotive industry is hoping to capture some of these same benefits through the use of 3D printing.
According to ABI Research, Mercedes-Benz, Volvo and BMW are still the top three players in the consumer advanced driver assistance systems (ADAS) market. They outperform competitors either in terms of the degree and significance of their innovation, or in how effectively they make their systems available to consumers – sometimes in both.