Automotive Definition, Meaning & Synonyms

When it comes to industry standards, best practices and tools, no one can bring the expertise that AIAG does. We bring together industry leaders from OEMs and Suppliers in the areas of Quality, Supply Chain, and Corporate Responsibility to develop the tools that make the entire automotive supply chain more efficient. Check out all of the products AIAG and our industry volunteers have developed below. In the United States almost all of the producers were assemblers who put together components and parts that were manufactured by separate firms. The assembly technique also lent itself to an advantageous method of financing.

  • It is ideal for 3D gesture sensing as well as 2D/3D driver and interior monitoring applications.
  • 79% of automotive organizations consider it important to collect and analyze vehicle data in order to predict outcomes for design, service, safety, and operations – but only 20% are able to do so​.
  • One of the longest-surviving makers, Detroit Electric Car Company, operated on a regular basis through 1929.
  • Leverage location intelligence with solutions that capture, visualise, analyse and derive insights from location data to address a variety of urban and national challenges.

Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Transforming the automotive value proposition means transforming manufacturing operating models to be successful. Participate actively in new vehicle concepts as base for new business models. Product Development Auto manufacturers can differentiate themselves through new technology, but research and development is expensive. Mercedes is pushing further into the motorhome market with a new “micro-camper” line. It will soon reveal the all-electric Concept EQT Marco Polo camper van slated to join the Marco Polo Module in offering two styles of multifunctional micro-camper.

Roland Berger is joining COP27 to turn pledges into sustainable solutions and business opportunities. Auto OEMs and Dealers are relentlessly Automotive working towards enhancing market share. By establishing a technology platform, Wipro is helping them effectively manage the sales leads.

It is one of the world’s largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. Next-generation vehicles and automotive systems integrate powerful computing platforms, multiple networks, and increasing software content operating complex physical systems autonomously. Digital twins are a digital representation of a product or system under development and are essential to accelerating the automotive digital transformation. Synopsys support of digital twins enables earlier development and testing, higher productivity, and continuous delivery of better, safer, and more secure systems at lower cost. Synopsys enables automotive software developers to build security and quality into all stages of their lifecycle and start their development process months earlier.

Decisive, connected, innovative, automated, secured

A sustainable automotive ecosystem that delivers connected, electrified vehicles and services requires rapid, continuous innovation. Oracle Cloud can help you drive digital transformation and growth with mobility services that transform the customer experience, while attracting—and retaining—top talent to take your business further, faster. Without proper security controls and processes in place, attackers can increasingly steal vehicles or cause major safety, operational and financial impacts to drivers as well as the society at large. Global trends in urbanization, climate change, digitalization and shifting economic power all pose significant automotive industry challenges.

Sustainable vehicle design has become a major influencing factor in car production. For 25 years, our independent data, research and consulting have helped the automotive industry develop smart, safe and sustainable mobility, while delivering confidence through clarity, insight and vision. Beside the safety enhancing aspects, driver monitoring systems can realize comfort-related applications like driver identification and authentication used to adjust automatic settings and in-car payment. To encourage consumer uptake of advanced vehicle technologies, automakers—and governments—still have some work to do. Representatives from the automotive supply chain and process manufacturing industries at the decision-making level participated in the survey.

That’s the expectation of a concerned customer base as well as government agencies regarding decarbonization. Drive loyalty and growth with digital Services in a connected and shared mobile world. We’re a signer of the Climate Pledge and a contributor to the UN’s Race to Zero initiative. And in 2020 we acquired EcoAct, an internationally recognized climate strategy consulting firm. Focusing on timeless beauty we started with the form, which may annoy the traditionalists, allowing the shape to be exactly as we wanted it. Working with clay we were able to surface feelings of the great GT sports car era, but then rigorously evolve further for the 21st century and beyond.

Product recalls happen in every industry and can be production-related or stem from raw material. EFI Automotive announces the acquisition of Akeoplus, an engineering company specializing in services and solutions industrial players. This operation enables to build a unique offer to respond to the innovation challenges of the sector and accelerate its diversification beyond automotive.

A low-friction ball screw improves brake response by enabling reliable high-speed operation and precise control. Integrated bearings and peripheral parts achieve compact size and low weight. This product is being adopted enable automated driving and to meet legal requirements for advanced emergency braking and collision damage mitigation systems. But electric vehicles and the batteries that made them run became ensnared in corporate scandals, fraud, and monopolistic corruption that shook the confidence of the nation and inspired automotive upstarts. At Valmet Automotive, all of our locations work together intensely and smoothly.

By botak