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For example, city car sales in Indonesia have plunged dramatically since the launch of the LCGC. Also the multipurpose vehicle , which – by far – is the most popular vehicle in Indonesia, felt the impact of the arrival of the LCGC. But the MPV’s dominant role in the nation’s automotive sector will persist. The MPV is known as “the people carrier” because this vehicle is bigger and taller than other cars . Indonesians enjoy taking trips with the family (and/or invite some friends) and therefore a big car is required. Moreover, these subsidized fuel price reforms also caused accelerated inflation due to second-round effects (hence curbing Indonesians’ purchasing power further) as prices of various products rose due to higher transportation costs.
- Safety in the automotive industry is particularly important and therefore highly regulated.
- Starting in the 1960s, robotic equipment was introduced to the process, and today most cars are produced largely with automated machinery.
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- To reach carbon neutrality by 2050 in the most cost-effective manner, protecting competitiveness, employment and consumers, automotive suppliers have put together key recommendations in this position paper.
There are few things as fun as throwing rooster tails and sliding turns in the sand. Miles of sand dunes open to the public for ATV, UTV, and off-road vehicle driving are to be had near Glamis. Tesla’s V3 Superchargers pump out up to 250 kW and Electrify America’s automotive defibrillators fire out up to 350 kW of heart-stopping power. Chip maker STMicroelectronics NV said in late October that its backlog of automotive orders remains well above current and planned manufacturing capacity through 2023.
Looking to branch out, Volkswagen has tried its hand at designing transport for workers stuck behind a desk. VW’s new high-tech office chair comes complete with an electric motor, headlights, horn, an entertainment system, and even a trailer hitch. These example sentences are selected automatically from various online news sources to reflect current usage of the word ‘automotive.’ Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Imagine my surprise to have read that the 1980s were actually a golden age of American automotive manufacturing — thanks, of course, to Reaganite protectionism. Theoretically, someone on foot, bicycle or other non-automotive vehicles could travel from Bear Lake to St. George using primarily this new system.
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One of the key reasons that explains why Indonesia’s economy ended the slowdown in 2016 was because of improving commodity prices (rising commodity prices tend to boost car sales on the resource-rich islands of Kalimantan and Sumatra). This correlation between domestic car sales and economic growth is clearly visible in the case of Indonesia. Between the years 2007 and 2012, the Indonesian economy grew at least 6.0 percent per year, with the exception of 2009 when GDP growth was dragged down by the global financial crisis. In the same period, Indonesian car sales climbed rapidly, but also with the exception of 2009 when a steep decline in car sales occurred. Indonesia is the second-largest car manufacturing nation in Southeast Asia and the ASEAN region .
Each contributes its own highly specialized know-how to the company – and ultimately to our customers. We are the European network for the engineering and manufacturing of future vehicles. Learn more about how software platforms are disrupting the automotive industry, especially Tier 1 suppliers, and how this affects the automotive value chain.
As we move into a new era of transportation, Arm is powering innovation – engineering the future of software-defined, intelligent vehicles based on our world-class architecture. With new levels of connectivity, energy efficiency, and autonomy, we’re building the future of mobility together. Automobiles are increasingly becoming sources of rich information for in-vehicle, cross-vehicle Automotive and cloud based applications that will improve performance, safety, efficiency, and entertainment. These applications may be designed for individual vehicles or address a wide range of them. They may also be part of a broader ecosystem that, for example, might incorporate other transportation modes, address general public safety issues and SmartCity interactions.
Our employees are the foundation of our company and are crucial to our success. The obvious signs of climate change, growing demands for social justice and rapidly changing expectations regarding work-life balance require a dedicated effort to renew the corporation. Consumers are increasingly weighing up auto manufacturers’ commitments to sustainability and ethical standards when making their vehicle purchase decisions. Large institutional investors have started to ban investments in companies in the industry that don’t meet stringent ESG standards.