International Automotive Aftermarket Business Report, 2021

Remainder Of Russia

automotive industry

Visit the Automotive Awards web page for added info and a take a look at earlier winners. The first prototypes, designed by Pininfarina, were offered to the media in 2019 and industrial gross sales are scheduled to begin by 2022. Turkey produced 1,124,982 motor vehicles in 2010, rating as the seventh largest automotive producer in Europe; behind Germany , France , Spain , the United Kingdom , Russia and Italy , respectively. The world automotive glass market size was estimated at USD 30.three billion in 2019 and is expected to succeed in USD 30.9 billion in 2020. The international automotive aftermarket is expected to develop at a compound annual growth rate of three.eight% from 2021 to 2028 to succeed in USD 529.25 billion by 2028.

Industry Associations And Advisory Bodies

automotive industry

From a consumer standpoint, it was clear that vehicles are the gold standard of comfort and personal … Read More

Global Automotive Aftermarket Industry Report, 2021

Am Awards 2021 Winner: Finest Electric Vehicle Dealership, Norton Way Nissan

automotive industry

For instance, in May 2019, GM introduced its funding of USD 24.zero million for growing manufacturing of GMC Sierra 1500 and Chevrolet Silverado 1500 pickup vans at its Fort Wayne Assembly Plant in Indiana, U.S. Commercial vehicles are expected to register a rapid progress fee over the forecast period owing to the surge in transportation and construction actions. As a result, automotive manufacturers are compelled to increase their production so as to cater to the rising demand. For occasion, in October 2019, VE Commercial Vehicles Ltd introduced its investment in its new 150-acre plant in Bhopal, Madhya Pradesh, India, in line with the BS-VI norms.

This progress is attributed to the event of the automotive manufacturing sector, particularly in nations corresponding to China and India owing to rising government initiatives regarding motorcar laws. In phrases of market measurement, the … Read More

World Automotive Aftermarket Business Report, 2021

Automotive

automotive industry

Nine out of the ten most sold fashions in Russia in 2010 had been domestically produced, with Avtovaz’s Lada fashions topping the list. In the primary 7 months of 2010, sales of Lada vehicles elevated by 60%, the Korean KIA reported a leap of 101%, and Chevrolet’s gross sales rose by 15%.

For occasion, in FY , AIS offered its merchandise to various new car fashions with a number of revolutionary adjustments, including solar green glass and acoustic PVB for Yaris and a 2.8mm backlite for the brand new Wagon R. The original gear phase dominated the automotive aftermarket with a share of seventy two.9% in 2020, in terms of market size. The OE segment is anticipated to dominate the aftermarket sector by 2028. Universities and different R&D organizations are increasingly working toward growing the cost and operational efficiencies of such critical automotive components, aimed toward decreasing their costs … Read More