Is VR The Auto Industry’s Sleeping Giant?

The world’s leading companies are using virtual reality (VR) to a major advantage, and that will only increase in the future. Vehicle makers need to get onboard now!

Is it time for a change? Some industries have been doing things in much the same way for decades, and that is still valid. For others, the “because we’ve always done it that way” philosophy needs updating. Technology is allowing companies to completely rethink their core processes, oftentimes in revolutionary ways that mean substantial cost savings, in streamlining logistics and gaining efficiencies.

Trends in China’s Automotive Component Manufacturing Industry

China’s automotive components sector is set to achieve annual growth of 20 per cent for the next five years driven by demand for new cars and a growing secondary market.

Deconstructing Premium in China’s Emerging Middle Class

The emerging middle class in China is rapidly expanding. In fact the OECD states the BRIC countries will have as much as 75% of the economic influence in the world by 2020.

Profitable growth by closing the loop on auto buyer feedback

The automotive field is getting more fiercely competitive, due to the macroeconomic climate and its subsequent impact on car buying. The low volume of automotive transactions reflects the industry’s current trend of pursuing joint ventures and the challenges caused by the European debt crisis.

In Asia Pacific, where demand is dominated by the Chinese market, consumers are maturing and evolving. This means a priority on understanding the key trends that will shape demand over the next decade.