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What's New
Dubai to launch air taxi project
2024-09-19 09:05:21
China's new energy vehicles sold 1.1 million units in August, accounting for 44.8 per cent of total new car sales
2024-09-14 08:38:45
CAPAFAIR, the No.1 industrial exhibition in Ningbo, is expanding its capacity once again, with 1,895 exhibitors about to make a stunning debut!
2024-09-13 10:57:10
For the first time in history! This automotive giant, may close its local factories!
2024-09-04 09:55:47
Ford recalls more than 90,000 vehicles in US over engine intake valve issue
2024-09-03 10:14:40
A sneak peek at CAPAFAIR 2024 highlights!
2024-08-30 09:33:21
Pet Auto Parts Market from the Perspective of Investment and Financing: New Opportunities on the Blue Ocean Circuit
2024-08-28 10:20:08
Germany's automotive supply chain faces multiple challenges on the road to transformation
2024-08-23 10:04:24
With 1805 exhibitors, the eight halls of CAPA FAIR 2024 in September are full of exhibits! Attachment
2024-08-21 16:44:57
China Ningbo International Auto Parts and Aftermarket Fair 2024 bus is open for free reservation!
2024-08-16 10:29:23
New energy vehicles to dominate new vehicle sales by 2035
2024-08-16 10:18:46
Tesla breaking out! Stopped taking orders!
2024-08-14 09:56:27
Meet in September! CAPAFAIR 2024 is fully upgraded and ready to go (with exhibitor list)!
2024-08-09 14:54:51
CAC: auto parts and components products export value increased by 4.9% year-on-year
2024-08-09 09:41:36
China's automobiles rise as 10 enter Fortune 500! Chery makes the list for the first time ......
2024-08-07 13:16:22
Notice
Dubai to launch air taxi project
Khalid Al Ouadi, Head of Public Transport Systems Management at the Roads and Transport Authority of the Dubai Transport Authority, recently announced that Dubai's first air taxi stand will be announced soon and is expected to be officially operational in the first quarter of 2026. The project will initially have four stations, with more details to be announced later.Ovadi made the announcement on the sidelines of the recent Intelligent Transportation Systems Conference and Exhibition, Emirates News Agency reported on 18 September. The air taxi project is one of Dubai's pioneering initiatives in the field of airborne autonomous transport, aiming to provide a modern and efficient mode of transport with a focus on connecting key areas of the city such as hotels and airports.Taylor Trilotta, General Manager, Middle East, Gobee Aviation, said the air taxi service is expected to launch in the first quarter of 2026, with early operations likely to be realised by the end of 2025. The first phase will include four strategic landing sites at Dubai International Airport, Downtown, Dubai Marina and Palm Jumeirah, and the project will see the construction of dedicated take-off and landing zones, electric charging facilities, passenger zones and security screening areas.Electrically powered and environmentally friendly, the air taxis will be able to carry four passengers and a pilot at speeds of up to 320 kilometres per hour and a range of 160 kilometres. Compared to helicopters, air taxis operate more smoothly and quietly, with noise levels not exceeding 45 decibels, effectively mitigating urban noise pollution.Trilotta pointed out that air taxis will significantly reduce the travelling time from Dubai International Airport to The Palm from the existing 45 minutes to 10 to 12 minutes, which will help reduce traffic congestion in the city and enhance the travelling experience. In addition, the rollout of air taxis will help reduce reliance on traditional modes of transport, lower carbon emissions and support Dubai's sustainable development goals.The project is being taken forward on the basis of an agreement signed at the Dubai Global Government Summit, where Gobee Aviation was granted an exclusive licence to operate air taxis in Dubai for a period of six years. The agreement covers route planning, infrastructure development and aircraft supply to ensure the smooth implementation of the project.Declaration: This article comes from the East Money.com.If copyright issues are involved, please contact us to delete.
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China's new energy vehicles sold 1.1 million units in August, accounting for 44.8 per cent of total new car sales
China Association of Automobile Manufacturers (hereinafter referred to as CAAM) latest released data show that in August China's new energy vehicle production and sales year-on-year to maintain the trend of rapid growth in new energy vehicle sales accounted for the proportion of new car sales continued to improve. (File photo)Data show that in August, China's new energy vehicle production and sales were completed 1,092,000 and 1,100,000 respectively, an increase of 29.6 per cent and 30 per cent year-on-year, and new energy vehicle new car sales reached 44.8 per cent of the total new car sales.From January to August this year, the production and sales of new energy vehicles were completed 7.038 million and 7.037 million respectively, up 29% and 30.9% year-on-year, and the sales of new energy vehicles reached 37.5% of the total sales of new vehicles.In terms of exports, in August, 110,000 new energy vehicles were exported, up 22% year-on-year; from January to August, 818,000 new energy vehicles were exported, up 12.6% year-on-year.According to the analysis of CAC, since the National Development and Reform Commission and the Ministry of Finance issued the ‘Several Measures on Strengthening Support for Large-Scale Equipment Renewal and Consumer Goods Replacement’ on 25 July, the subsidy for automobile scrapping and renewal has been stepped up, and the average daily number of applications for subsidies for scrapping and renewal in August exceeded ten thousand. Some provinces and cities have also introduced replacement and renewal policies, and market consumption enthusiasm has been further stimulated, especially the strong performance of new-energy vehicles, which has boosted the growth of automobile production and sales on a year-on-year basis.Source: Declaration: This article comes from the Xinhua.If copyright issues are involved, please contact us to delete.
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CAPAFAIR, the No.1 industrial exhibition in Ningbo, is expanding its capacity once again, with 1,895 exhibitors about to make a stunning debut!
The much-anticipated CAPAFAIR 2024 will be held on 26-28 September at Ningbo International Convention and Exhibition Centre.CAPAFAIR 2024 will be held on 26-28 September. CAPAFAIR 2024 will be held in all the exhibition halls of Ningbo International Convention and Exhibition Centre (Halls 1-8), where 1895 exhibitors, 35,000 global buyers, more than 100,000 exhibits, and several concurrent events will be displayed in a 51,650-square-foot exhibition hall. parts industry, the No.1 industry in Ningbo, will once again attract the attention of the world.Unprecedented Scale 1895 Exhibitors Ready to AttendNingbo, as an important window for China's foreign trade and a key link in the automotive industry chain, provides a solid foundation for the success of CAPAFAIR 2024 with its unique geographic location, outstanding advantages in foreign trade and profound manufacturing heritage.CAPAFAIR 2024 was held in a full hall at Ningbo International Convention and Exhibition Centre, with a total exhibition area of 51,650 square meters and 1,895 exhibitors, both of which were significantly higher than those of the previous edition, placing the exhibition scale in the forefront of many domestic auto parts exhibitions, second only to Automechanika Shanghai.Exhibitors from 21 provinces, municipalities and autonomous regions of China and Hong Kong SAR have been assembled and ready to go, and the more than 100,000 exhibits include automotive components and assemblies, automotive electrics and electronics, automotive supplies and modifications, digital and intelligent systems, repair, testing and maintenance, and processing technology and equipment, covering the entire industry chain of automotive parts and accessories and the aftermarket.The geographical distribution of exhibitors is even wider, covering the Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei and other core areas of the automotive industry. High-quality manufacturers from Ningbo / Wenzhou / Taizhou, Xingtai / Cangzhou, Changzhou / Zhenjiang, Liaocheng, Guangzhou and other national heavyweight auto parts industry bases gathered here, bringing buyers diversified product choices and cross-regional supply chain resources and opportunities for co-operation.Global Attention and Attractive AttendanceAs the only export-orientated auto parts and aftermarket trade show in China, CAPAFAIR 2024 has been growing in influence and attraction, and has already attracted more than 16,000 pre-registered buyers, including import and export companies, cross-border e-commerce/electronic merchants, foreign merchants, as well as OEMs and their first and second-tier suppliers, and automotive aftermarket agents/wholesalers/distributors and other professional buyers. Buyers, including foreign trade category (foreign businessmen, import and export companies, cross-border e-commerce) registered more than 4,000 people, is expected to final admission buyers will be more than 35,000 people.The global promotion of CAPAFAIR 2024 Ningbo, especially the upgrading of the exhibition scale, has attracted more overseas buyers' strong interest. Up to press time, registration confirmation has been received from 310 overseas buyers from 39 countries and regions, including Vietnam, Malaysia, the United Arab Emirates, Russia, the United States, Singapore, Australia, Colombia, etc., and some of the buyers have submitted their purchasing lists in order to match exhibitors more precisely. Among them, purchasing groups organised by automotive aftermarket trade associations from Malaysia, Vietnam and other countries have also been assembled, and they are looking forward to finding more quality suppliers and obtaining more stable supply chain solutions through the platform of CAPAFAIR 2024.Overseas buyers and import/export companies, cross-border e-commerce buyers bring diversified sourcing needs and business cooperation opportunities, providing exhibitors with valuable opportunities to expand the international market.In order to better serve the domestic and overseas professional buyers, CAPAFAIR 2024 will not only open free shuttle buses from Shanghai, Hangzhou, Yiwu, Wenzhou and other important neighbouring cities to the exhibition site, which will bring buyers safe, comfortable and convenient travelling services, but also set up a special ‘Invited Buyers’ Service Area’ on the exhibition site to provide convenience for business negotiations, refreshments, rest, etc. for the invited buyers. There will also be a special ‘Service Area for Invited Buyers’ on the exhibition site to provide the convenience of business negotiation as well as refreshments, rest and other upgraded services for the specially invited buyers.Digital Empowerment Industry Forum to seek common developmentCAPAFAIR 2024 is not only a platform for displaying and trading products, but also an event for the collision of ideas and the fusion of wisdom. In order to explore the future development potential of auto parts and after-sales service, a number of thematic forums on industrial innovation and development, cross-border e-commerce, intellectual property rights protection and risk prevention, as well as new materials and product launches will be held concurrently during the exhibition.Ningbo Auto Parts Industry Association, one of the organisers, has carefully prepared the ‘Innovation Forum for High-Quality Development of Automotive Industry’, inviting experts in the field of new energy vehicles and flying cars, as well as the pioneers of technological innovation in the automotive industry, to discuss in-depth the paths and strategies for the transformation and upgrading of the automotive industry.Amazon, as a leader in cross-border e-commerce, will share the official support for new sellers, product selection guide for auto parts, B-side opportunities and successful cases on Amazon, so as to build a bridge to the global market for Chinese auto parts sellers and realise the international layout of their brands and products.Ningbo Mediation Centre of China Council for the Promotion of International Trade (CCPIT) provided in-depth explanations on topics such as the application of commercial mediation in the settlement of international economic and trade disputes and the protection of intellectual property rights and risk prevention for enterprises going abroad, providing professional legal guidance and risk prevention and control strategies.Xinyuan Chemical (Shandong) Co., Ltd. will bring its latest R & D results to the exhibition, held the theme of ‘Fluorosilicone Rubber Materials in Engine Application’, as a national high-tech enterprises, national speciality and speciality new small giants enterprises, Xinyuan Chemical is committed to the research and development of high-end new materials and rubber products, production, and has formed the ‘Tetrachloropropane-1,4-dichloropropane (TCPP)’. ‘Tetrachloropropane, Trifluoropropylene, D3F, Fluorosilicone Rubber and Rubber Products’ complete production chain.It is worth mentioning that, in order to improve the quality of exhibition services and speed up the purchasing efficiency of buyers, CAPAFAIR 2024 has built an online exhibition service platform - capafair.com, which combines the four functions of exhibition, trade, information and social networking, by digital means. The platform can provide buyers with instant online purchasing information and exhibitors with accurate product information. Through an intelligent matching system, the platform will automatically match supply and demand efficiently and provide customised one-to-one services. After the exhibition, the platform will continue to provide online services for exhibitors and buyers, and users can query or publish enterprise news, procurement information, and learn the latest information about the auto parts industry through the platform at any time.‘The automotive industry is Ningbo's traditional advantageous industry, but also focuses on building trillion-dollar industrial clusters. Ningbo and the surrounding areas have brought together many leading auto parts companies, forming a strong industrial cluster effect, contributing to the progress of the Chinese and even the global automotive industry. All along, the Ningbo International Auto Parts Show has received attention and support from many parties, and we will continue to optimise the service process and improve the quality of the show to provide more diversified display opportunities for exhibitors, create more accurate docking channels for buyers, and jointly promote the in-depth integration and synergistic development of the upstream and downstream enterprises in the automotive supply chain.’ Wang Hong, Secretary General of Ningbo Auto Parts Industry Association, said.CAPAFAIR 2024 is under the guidance of Ningbo Municipal Committee of China Council for the Promotion of International Trade, Ningbo Municipal Bureau of Commerce, Ningbo Municipal Bureau of Economy and Informatization, Ningbo New Energy Vehicle Research Institute, and is co-hosted by Ningbo Automotive Parts Industry Association and Ningbo Oriental Harbor International Exhibition Company Limited, and the exhibition has been supported by Ningbo Automotive Parts Industry Cluster Development Promotion Centre, Ningbo The exhibition is supported by Ningbo Auto Parts Industry Cluster Development Promotion Centre, Ningbo Yinzhou Auto Parts International Chamber of Commerce, Cixi Auto Parts Industry Association, Yuyao Auto Parts Association, Ninghai Auto Parts Association, Ningbo Auto Parts Industry Innovation Service Complex, Rui'an Automobile and Motorcycle Parts Industry Association, Jinhua Automobile and Motorcycle Industry Association, Xuancheng City Automobile Parts Industry Association and other industry organizations.CAPAFAIR 2024 (Ningbo International Auto Parts & Aftermarket Fair)is about to open, and we are looking forward to friends from the automotive industry to gather in Ningbo on 26-28 September to celebrate the grand event!
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For the first time in history! This automotive giant, may close its local factories!
A file photo of the Volkswagen logo taken in Wolfsburg, Germany. AFP/USAVolkswagen Group said in a statement on the 2nd that the company is considering closing one of its car manufacturing plants and one parts plant in Germany for the first time and terminating an employment protection agreement that has been in place since 1994 in a bid to further cut expenses.Volkswagen passenger car brand profit margins have been low for a long time, and the company hopes to improve its financial situation by reducing costs. However, cost-cutting has become more difficult as consumer spending has slowed during the transition to electric vehicles. In a statement, Volkswagen Group's chairman of the board of management, Ogbomu, said, ‘The general environment has become tougher and Germany is gradually falling behind in terms of competitiveness.’VW currently employs about 650,000 people worldwide, nearly 300,000 of whom are in Germany. The closure plan, if implemented, would be the first time in Volkswagen's history that a plant has been shut down in Germany, and could lead to conflict with VW's labour council in Germany. Daniela Cavallo, chairwoman of VW's labour committee, said the committee would ‘strongly oppose’ the board's proposal.Declaration: This article comes from the Internet.If copyright issues are involved, please contact us to delete.
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Ford recalls more than 90,000 vehicles in US over engine intake valve issue
According to US media reports, on 31 August local time, the US National Highway Traffic Administration said Ford is recalling 90,736 trucks in the US because the vehicles' engine safety intake valves could rupture during driving. The recall involves some 2021 to 2022 models of the Spirit, F-150 Raptor, Renegade, Explorer, Lincoln Voyager and Lincoln Aviator equipped with the 2.7-litre or 3.0-litre Upgrade Programme start-up update.The National Highway Traffic Safety Administration said that as part of the barrier measures, Ford dealers will conduct free engine cycle tests and subsequently replace the engines for owners of the vehicles in question.Declaration: This article comes from the CCTVNEWS client.If copyright issues are involved, please contact us to delete.
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A sneak peek at CAPAFAIR 2024 highlights!
From 26-28 September, CAPAFAIR 2024 will kick off at Ningbo International Conference and Exhibition Centre, injecting new vitality and inspiration into the global auto parts industry.Highlight 1: Eight exhibition halls, 51650 square metres of unprecedented exhibition areaCAPAFAIR 2024 is fully upgraded and for the first time, all eight exhibition halls of Ningbo International Conference and Exhibition Centre will be used, with a total exhibition area of 51,650 square metres, a surge of 50% compared with the previous session. The eight exhibition halls will be fully opened to meet the auto parts people from all over the world and witness this unprecedented scale auto parts industry event. Highlight 2: 1,805 exhibitors competing on the same stage, domestic and foreign enterprises gathered togetherThe booths of CAPAFAIR 2024 have all been sold out, and this exhibition has gathered 1805 exhibitors from 21 provinces, municipalities and autonomous regions of China and Hong Kong SAR, covering the core area of automotive industry in Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei and other areas, and bringing together the heavyweight automotive industry bases of Wenzhou/Yuhuan of Zhejiang Province, Xingtai/Cangzhou of Hebei Province, Linqing of Shandong Province, Changzhou of Jiangsu Province and other national auto parts industry bases. Many industry strength enterprises gathered together, competing to display the latest products and technologies.Highlight 3: Comprehensive Coverage of Six Sections, One-Stop Purchasing for the Whole Industry ChainCAPAFAIR 2024 will focus on industry segments and make more professional classification of exhibits. The exhibition will be divided into six segments, including automotive parts and components, automotive electrics and electronics, automotive supplies and modification, digital and intelligent systems, repair, testing and maintenance, as well as processing technologies and equipments, which will cover the whole industry chain of the auto parts industry and provide one-stop and all-around purchasing service for buyers.Highlight 4: International buyers come in droves, with more than 35,000 buyers joining the grand eventCAPAFAIR 2024 has successfully attracted 168 overseas buyers from 28 countries and regions, including Malaysia, Australia, Vietnam, Peru, etc., through an all-round and multi-channel buyer invitation strategy. As of press time, the number of pre-registered buyers for the show has reached 14,200, including cross-border e-commerce/electronic business, OEMs and their primary and secondary suppliers, automotive aftermarket agents/wholesalers/distributors, and other professional buyers, of which more than 4,000 are registered in the foreign trade category (foreign merchants, import and export companies), and it is estimated that the final admission of buyers will be more than 35,000 people.Highlight 5: Deep integration of online and offline, intelligent matching and efficient dockingCAPAFAIR 2024 has not only achieved a qualitative leap in offline scale, but also built an exclusive service platform online. The platform integrates the four functions of exhibition, trade, information and socialising, which can provide buyers with online instant release of purchasing information and exhibitors with accurate display of product information. Through the intelligent matching system, the platform will automatically carry out efficient docking and matching for both supply and demand sides, helping exhibitors to expand their achievements and speeding up the purchasing efficiency of buyers.Highlight 6: Free buses will accompany the exhibitors, and the exhibition service will be upgraded comprehensively.While the online experience is easy and convenient, the offline service is also full of sincerity. CAPAFAIR 2024 has opened free shuttle buses from Yiwu, Wenzhou, Shanghai, Hangzhou and other popular cities to the exhibition site, which will bring buyers safe, comfortable, convenient and fast exhibition services. In addition, the show also set up an ‘Invited Buyer Service Area’ to provide refreshments, rest, business negotiation and other upgraded services for global important buyers with clear purchasing intention.Highlight 7: Exciting concurrent activities, professional exchanges and future dialogueDuring the exhibition, a number of high-quality theme forums, new product launches and other concurrent activities will be held simultaneously. These activities will focus on industrial development, industry trends, technological innovation and other hot topics to carry out in-depth discussions and exchanges, which will greatly enrich the connotation of the exhibition and enhance the overall value.This global auto parts industry event is now within reach, so hurry up and complete your visit registration! Let's look forward to the grand opening of CAPAFAIR 2024 and witness the brilliant future of the auto parts industry!
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Pet Auto Parts Market from the Perspective of Investment and Financing: New Opportunities on the Blue Ocean Circuit
Against the backdrop of the booming global automobile industry, China's automobile and its parts industry has occupied a pivotal position in the international market by virtue of its advanced production technology and perfect supply chain system. With the rise of the pet economy and changes in the travel habits of overseas consumers, a new market segment - the pet auto parts market is quietly rising overseas, becoming the focus of industry attention.Blue Ocean Potential of Pet Auto Parts MarketAccording to Google Trends data, in the past 90 days, the global search heat of the term “pet travel” (pet travel) has continued to be high, showing that the close integration of pets and automobile travel has become a new life trend. Especially in countries and regions such as Qatar, the United Arab Emirates, New Zealand and Australia, users are particularly concerned about pet travel. The Investment and Finance Research Institute points out that behind this trend is the pursuit of high-quality and high-freedom lifestyles by Generation Z consumer groups, who are more willing to bring their pets along to enjoy the fun of outdoor self-driving, thus driving the rapid growth of the pet auto parts market.Hot Sales Trend and Consumer PreferenceAccording to the sales data on Amazon.com, pet car seats have become hot-selling products, with monthly sales easily exceeding thousands of units, with prices ranging from $17.59 to $79.99. These hot-selling products generally have “waterproof”, “adjustable harness”, “portable and breathable”, “removable” and “waterproof” features. These hot-selling products generally have “waterproof”, “adjustable seat belt”, “portable and breathable”, “removable”, “easy to use”, “easy to remove”, “easy to use”, “easy to use”, “easy to remove”, and “easy to use”. These hot-selling products generally have core functions such as “waterproof”, “adjustable harness”, “portable and breathable”, “detachable”, “easy to clean”, etc., which meet the needs of pet owners in different scenarios. The Investment and Finance Research Institute believes that as consumers' requirements for product quality and experience continue to improve, the pet car accessories market will pay more attention to the innovation and practicality of products.In terms of material selection, environmentally friendly and durable, waterproof and easy-to-clean materials have become the mainstream trend. Meanwhile, in order to enhance the comfort of the pet's ride, sellers have adopted ergonomic design and advanced material technology. For example, breathable materials with PVC mesh surfaces are favored for their good breathability and comfort. In addition, multifunctionality is also one of the key concerns of consumers, such as the design of pet car seats doubling as carriers or travel beds, which further meets the diversified needs of pet owners.How to Layout Overseas MarketIn the face of this blue ocean market full of opportunities, the Investment and Financing Research Institute offers the following suggestions for entrepreneurs who want to engage in cross-border e-commerce in this field.Precise positioning and market research: Understand the pet keeping preferences and traveling habits of the target market, and aim at the demand of segmented scenarios, so as to provide strong support for product design and marketing.Social media marketing: Take advantage of the high traffic and strong dissemination of social media platforms such as TikTok, Instagram, Pinterest, etc., and increase product exposure and conversion rates through scenario-based marketing and vertical field seeding.Festive promotions and limited-time offers: Seize major festivals in overseas countries and launch promotional strategies such as full-price discounts and coupons, and utilize Shoptop and other e-commerce tools to create an atmosphere of hot sales and a sense of urgency through “limited-time promotions”.Continuous innovation and customized services: Continuous innovation in product design, providing customized services and personalized pet elements to meet consumers' pursuit of product uniqueness and personalization.The Investment and Financing Research Institute believes that the business of pet auto parts cross-border e-commerce, as an emerging and full of potential segment, will bring unprecedented development opportunities for entrepreneurs who dare to take risks and try. However, to stand out in this blue ocean, sellers need to have a keen market insight and continuous innovation, while focusing on product quality and user experience improvement. Only in this way can they stand invincible in the fierce market competition.Market data further confirms this trend. Relevant statistics, the global auto parts and accessories market size will grow from $697.84 billion in 2023 to $108.73 billion in 2031, with a CAGR of 5.7%. Meanwhile, finance.yahoo data shows that the global pet accessories market size is expected to reach $55.4 billion in 2030, with a CAGR of 6.8%. Among them, the pet car seat market, as an emerging segment, has particularly great growth potential. The Investment and Finance Research Institute believes that the market demand for pet car seats and other products will continue to expand as pet owners' awareness of pet travel safety improves.Declaration: This article comes from the China Youth Kandian.If copyright issues are involved, please contact us to delete.
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Germany's automotive supply chain faces multiple challenges on the road to transformation
New energy vehicles displayed at the booth of German brand Audi at the fourth Consumer Expo.Xinhua News Agency reporter Yang GuanyuGermany is the traditional powerhouse of the automotive industry, with a century of automotive design, production history and perfect industrial supply chain. However, in recent years, with the acceleration of the trend of new energy transformation of the car, Germany, the car “teacher” has encountered new problems, many traditional auto parts manufacturers have recently encountered operational difficulties, once proud of the supply chain scenery is no longer, reflecting the German car electrification transformation road facing multiple challenges.German car seat manufacturer Lei Carlo recently filed for bankruptcy. This enterprise had for BMW, Mercedes-Benz, Lamborghini and other well-known car brands production seats, its bankruptcy has become the latest example of many German auto parts enterprises operating difficulties.German consulting firm Falkensteiger Holding data show that in the first half of 2024, a total of 20 German auto parts suppliers with annual revenues of more than 10 million euros filed for bankruptcy, a year-on-year surge of more than 60%. There are also some companies in order to reduce costs and increase efficiency, had to lay off employees or close non-core business.Analysts said, parts manufacturers operating difficulties, on the one hand, the reason is the weak economy, domestic production continues to shrink leading to a decline in demand; on the other hand, the wave of new energy changes in the automotive industry also caused a greater impact on the traditional supply chain. German Automotive Research Center said that the German auto parts companies facing operating pressure is mainly concentrated in the field of internal combustion engines.Compared with traditional fuel vehicles, the number of parts required for electric vehicles is greatly reduced. German Hanover SME University of Applied Sciences automotive experts Frank Schwope predicted that by 2030, the German automotive supply chain jobs will be reduced from the current 270,000 to 200,000, weakening the influence of the German automotive industry.New energy change brings a huge impact, the German car electrification road is not smooth. Mercedes-Benz announced at the beginning of the year, will be 50% of its electric car sales accounted for the realization of the target time from 2025 postponed to 2030; Porsche announced to give up the 2030 electric car sales accounted for 80% of new car sales target; Volkswagen Group is also considering the closure of the Audi Q8 e-tron electric car factory in Belgium.Meanwhile, the German federal government announced in December 2023 the early termination of subsidies for electric cars, a move that intensified the wait-and-see mood of consumers. Data from Germany's Federal Motor Transport Authority showed that new electric vehicle registrations fell 36.8% year-on-year in July; the market share of newly registered electric vehicles in Germany in the first half of the year fell to 12.5% from 15.8% in the same period last year.In view of the change in market demand, many vehicle manufacturers have slowed down the electrification process this year, and continue to cancel or postpone orders, which further aggravates the business difficulties of spare parts suppliers. Nevertheless, some German auto parts head enterprises still maintain a positive attitude to deal with the transformation challenges. For example, Bosch plans to launch about 30 EV-related projects this year; Continental plans to spin off its core automotive division and seek an independent listing; and chipmaker Infineon is focusing on automotive digitization to find new profit growth points.“The current market situation is not good, resulting in the electric drive train production line, which we have invested a lot of money in establishing, being partially idle.” ZF CEO Ko Haoche said, “But the future of the automotive industry belongs to electric vehicles is certain, companies have actively invested in this field, and will continue to invest heavily.”Schwope also believes that German parts manufacturers need to adjust their strategies as soon as possible to adapt to the new competitive landscape. Small enterprises with limited capital can cooperate with large enterprises to obtain technical support through technology transfer or joint research and development, while large manufacturers need to utilize their scale and R&D advantages to explore new growth paths. Declaration: This article comes from the Xinhua News Agency.If copyright issues are involved, please contact us to delete.
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With 1805 exhibitors, the eight halls of CAPA FAIR 2024 in September are full of exhibits! Attachment
The much-anticipated CAPAFAIR 2024 Ningbo International Auto Parts & Accessories Exhibition will be held again on September 26-28 in Ningbo.This year's fair will be held in Halls 1-8 of the Ningbo International Conference and Exhibition Center, with a total exhibition area of 51,650 square meters. 1805 exhibitors from 21 provinces, municipalities and autonomous regions and the Hong Kong SAR were recorded, with exhibits covering automotive components and assemblies, automotive supplies and modifications, automotive electronics and electrics, automotive maintenance and repair, and automotive parts and components processing technology and equipment, etc. The exhibition area and the number of exhibitors were higher than those of the previous year. The exhibition area and the number of exhibitors increased by 50% compared with the previous edition, and the data continued to lead other domestic auto parts exhibitions except Automechanika Shanghai.
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China Ningbo International Auto Parts and Aftermarket Fair 2024 bus is open for free reservation!
The CAPA FAIR 2024 will be held on September 26-28, 2024 at Ningbo International Conference and Exhibition Center (Hall 1-8), when the national auto parts enterprises will launch a auto parts feast with professional buyers from home and abroad. There will be more than 35,000 buyers present. In order to better serve the professional buyers who come to purchase, the organizer has opened a free shuttle bus from the exhibition to the site in popular cities such as Yiwu, Wenzhou, Shanghai, etc., which will make your trip to Ningbo more easy and convenient.Exhibition bus line1, Yiwu - Ningbo Conference and Exhibition Center free round-trip bus (September 26-27)Departure time from Yiwu: September 26-27, 07:30 a.m.Bus return time: 16:00 p.m. on the same dayYiwu boarding location: Yiwu International Trade City 5 areaNingbo station location: Ningbo International Conference and Exhibition CenterRegistration Hotline: 0574-87254018 / 17706602414 (Ms. Wu)WeChat Registration for bus2、Wenzhou - Ningbo Convention and Exhibition Center free round-trip bus (September 26-27 )Departure time from Wenzhou: September 26-27, 07:00 a.m.Bus return time: 16:00 pm on the same dayWenzhou boarding location: Wenzhou South Railway Station West Square (one week before the exhibition notice)Ningbo Station: Ningbo International Convention and Exhibition CenterRegistration hotline: 17367961227 (Ms. Qiao)WeChat Registration3、Shanghai - Ningbo Convention and Exhibition Center free round-trip bus ( September 26-27)Departure time from Shanghai: September 26-27, 07:30 a.m.Bus return time: 16:00 p.m. on the same dayShanghai boarding place: Shanghai South Railway Station North Square parking lotRegistration Hotline: 0574-87254016 / 19538853231 (Mr. Han)Scanning WeChat registrationNote: All bus registrations will be accepted until September 20, and on the day of the bus's return, a deposit of $50 per seat will be required in advance and refunded within 3 days after boarding the bus.Visiting InformationOpening Hours:September 26-27, 2024 9:00-16:30September 28, 2024 9:00-16:00Exhibition Address:Ningbo International Conference and Exhibition Center (No.181, Conference and Exhibition Road, Yinzhou District, Ningbo)Open Object:Trade show, open to professionals only; admission is denied to those under 18 years of age.Login Entrance:South Hall (Hall 1), West Hall (Hall 7, 8), North Hall (Hall 3, 4, 5)Warm tips:Registration through the official website, official microblogging, video number, jittery voice, Xiaohongshu and other channels are valid, repeat registration.Registration ChannelIf you haven't registered yet, please click this official registration link to register: https://m.capafair.com/check_in?expo_id=3&inviter=105976
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China Association of Automobile Manufacturers (CAAM): Resolutely Oppose EU's High Tariffs on Chinese Electric Vehicles
The China Association of Automobile Manufacturers (CAAM) expressed concern that the European Union's high countervailing duties on Chinese electric vehicles pose significant risks and uncertainties for Chinese companies operating and investing in Europe. They argue this will damage confidence and negatively impact the EU's automotive industry, local employment, and green development. CAAM urges the EU to prioritize dialogue and cooperation to ensure a fair, non-discriminatory market environment and safeguard the global automotive supply chain.
王艺锦
ASE Leadership To Participate In Panel Discussion At CARS
Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers.<!--[if gte mso 9]> <![endif]-->ASE and the ASE Education Foundation will participate in a panel discussion during the upcoming Automotive Service Association (ASA) Congress of Automotive Repair and Service (CARS) symposium.Scheduled for Nov. 1 at Mandalay Bay Resort &amp; Casino in Las Vegas, the 2021 CARS event is a one-day live industry seminar designed specifically for mechanical repair shop owners and their managers. Trish Serratore, senior vice president of communications for ASE, and George Arrants, vice president of ASE Education Foundation, will be part of a panel entitled “Finding and Keeping Tomorrow’s Talent-Putting Flexibility in Inflexible Structures.”
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eBay Launches 'Guaranteed Fit' Purchase Protection Program
Shoppers can now look for the green "Fits" compatibility checkmark on select parts and accessories listings. eBay Motors announced the launch of eBay Guaranteed Fit, a program it says gives users even more confidence when buying and selling on the marketplace. Shoppers can now look for the green ‘Fits’ compatibility checkmark on select parts and accessories listings to gauge whether the part will fit their vehicle.
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Small Animals Can Cause Big Problems with Cars
Critters can inflict serious punishment on your customers’ vehicles. By Thomas Dayton June 13, 2023 You may be familiar with “Just Rolled In,” a YouTube channel highlighting some of the most terribly maintained and unsafe vehicles brought into shops across the country, along with strange “customer states … ” complaints that must be seen to be believed. While the worst damage is due to lack of maintenance and misguided DIY repairs, sometimes there’s no one to blame but Mother Nature. Animals of all varieties can inflict serious punishment on your customers’ vehicles. Collisions with deer cost insurance companies more than $1 billion annually, the result of roughly 1.5 million accidents. Of these, nearly 200 people are killed each year, and (presumably) a much larger number of deer! West Virginians have a one in 37 chance of being involved in a deer-related accident, the best (worst?) odds of hitting the Bambi lottery in the continental United States.
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Standard Motor Products Launches New Corporate Website
“This new site has been designed to improve the user experience of all stakeholders, providing transparency into the company while showcasing SMP’s history as a leading manufacturer of automotive components,” SMP said in a news release. A redesigned homepage includes concise information on SMP’s markets, brands and sustainability efforts, as well as the company’s latest news, earnings and featured reports.
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Registration Open for Heavy-Duty Leadership 2.0
The series will be held July 16-20 at Delta Hotels by Marriott in Farmington Hills, Michigan. The University of Aftermarket, through Northwood University, is accepting registration for this year’s Heavy-Duty Leadership 2.0 series. “Heavy-Duty Executive Development Series is a cornerstone in the industry’s efforts to foster the development of a new generation of visionary executives who will help drive the heavy-duty aftermarket to new heights of excellence in leadership and performance,” said Thomas Litzinger, executive director of the University of the Aftermarket, and associate professor for Northwood University.
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Advance Foundation Gifts $300K to Broward College
The Advance Auto Parts Foundation’s gift will fund $5,000 scholarships for 10 automotive students over the next two years. Advance Auto Parts Foundation, the philanthropic arm of Advance Auto Parts, announced a $300,000 gift to Broward College aimed at increasing participation in the school’s automotive technology program, as well as providing needed tools and equipment to support student learning. The Advance Auto Parts Foundation gift also will support a dedicated, part-time recruiter at Broward College to help build enrollment for automotive technology programs and the purchase of general-use vehicles, equipment and supplies needed to support student studies.
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Automakers Launch New Non-Saleable Parts/Airbag Lookup Tool
<!--[if gte mso 9]> <![endif]-->The Alliance for Automotive Innovation announced support for a new automaker-driven tool enabling anyone who handles aftermarket parts, businesses and associations to help identify recalled Takata airbags and work with dealers, and others, to identify and safely dispose of parts that cannot be re-sold under federal law.&nbsp;&nbsp;The Website, FreePartCheck. com&nbsp;will be especially important as automakers continue working to prevent recalled and non-saleable airbags and components subject to the Takata recall from appearing in inventory at salvage yards or recycling facilities.“Our members are committed to working to keep customers safe,” said Alliance for Automotive Innovation President and CEO John Bozzella. “This tool is designed to help prevent the purchase or resale of recalled Takata airbags and component parts that cannot legally be re-sold.”<!--[if gte mso 9]> <![endif]-->“The efforts of automakers, including the creation of this new tool, help make it easier than ever to identify parts that need to be replaced.&nbsp; This, in turn, promotes the safety of our roadways,” added Bozzella.
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BBB Named One Of The Best Companies To Work For In Alabama
Business Alabama Magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham. Counterman Staff&nbsp;By Counterman Staff December 8, 2022.Business Alabama Magazine recently named BBB Industries one of the Best Companies to Work for in Alabama.The magazine recognized BBB at a Dec. 1 awards ceremony in Birmingham.&nbsp;“With 75% of the selection criteria being focused on employee feedback and the employee experience, it makes us particularly proud to be named one of the Best Companies to Work for in Alabama,” BBB CEO Duncan Gillis said.&nbsp;“Our company and our culture are special, and we are honored to receive this recognition.”
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ASE Announces 2022 Award Winners
“We had a tremendous group of nominees, and they all were deserving of this recognition,” ASE CEO Tim Zilke said.The National Institute for Automotive Service Excellence (ASE) has announced its award winners for 2022.“We want to congratulate all of the award winners and wish them continued success in their respective careers,” said Tim Zilke, ASE president and CEO. “We had a tremendous group of nominees, and they all were deserving of this recognition.”
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