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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. Electric Vehicles Production and Sales Will Grow. EVs are going to gain higher market shares in Europe, the United States and China and outpace ICE vehicles sales. Automotive Business Trends. Conclusion.

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk. Diversify Revenue Streams One fundamental strategy for business resilience is to diversify revenue streams.

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Technology Is Changing What a Premium Automotive Brand Looks Like

Harvard Business

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Product: mechanical vs. interactive.

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New Regulations Place Sustainability and ESG at the Center of National and Global Business Competitiveness

Brimstone Consulting

PFAS are used in hundreds of thousands of products, from nonstick pans to water-repellent sports gear, to stain-resistant rugs. For example, as of January 1, 2023, Maine requires that companies report PFAS in products by quantity to the state, and the state will ban all PFAS-containing products by 2030. If not, should it?

Apparel 73
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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

The integration of modern technologies into every manufacturing process allows companies to improve their production capabilities, reduce their products’ time to market, and meet their clients’ demands to the full. All these factors promote higher efficiency of the production process and more reasonable utilization of resources.

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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

How can manufacturers ensure production efficiency and competitiveness? One of the effective solutions is digital transformation — the implementation of innovative technologies into every manufacturing aspect helps production companies enhance their capabilities, shorten products’ time to market, and satisfy customers’ demands.

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Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

MishTalk

This morning the Fed reported Industrial production declined. Industrial production decreased 0.3 percent, partly because of the severe weather that curtailed production in some regions of the country. percent, partly because of the severe weather that curtailed production in some regions of the country. Clothing up 0.5%