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Best first quarter for CV production since 2008 despite March drop

SMMT

British CV production records best Q1 since 2008, rising by 27.4% in the first quarter of 2024, the best Q1 performance since 2008, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). to 32,626 units. Export volumes grow 57.9% Growth in January and February followed by -19.2%

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Multimatic expands automotive parts portfolio with acquisition of PKM Consulting

Canadian Manufacturing

Multimatic, a global enterprise that supplies components, systems, and engineering services to the automotive industry, has reached an agreement to acquire a majority stake in PKM Consulting, a supplier and service provider of advanced racing dampers.

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Fronius Invites You to the 7th International Automotive Conference

MEM

Experts from the world of joining technology for the automotive industry will come together between May 10–11, 2023, at Fronius’ headquarters in Sattledt, Austria. Sustainability and digitalisation are the key topics of this year’s international automotive conference. The automotive industry is a key industry for us.

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CV production bounces back in September

SMMT

to 93,447 units in best first nine months since 2008. on 2023 and the best first nine months since 2008, after supply issues that blighted the second quarter dissipated in Q3.1 billion in imports, demonstrating the massive importance of UK Automotive to economic growth and trade. Year to date production grows by 8.5%

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UK CV production grows 16.0% in best first half since 2011

SMMT

Best June since 2008 up, 23.0%, and rounds off third consecutive month of growth. Best first half to a year since 2011 as CV output increases 16.0% to 58,675 units. Latest independent outlook expects light CV production to grow 44.0% this year to 114,500 units. UK commercial vehicle (CV) manufacturing grew 16.0% to 20,872 units.

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Top 10 robotics developments of September 2024

Robotics Business Review

North American robot sales decline 8% in first half of 2024 Significant declines in the automotive component and semiconductor industries led to another drop in North American robot sales, according to the Association for Advancing Automation (A3). Read more. compared with Q2 2023.

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Businesses that integrate robots see profits fall in the short term, study finds

E&T

Industry’s widespread use of robots began in the 1980s, especially in sectors where they can carry out physically demanding, repetitive tasks, such as automotive assembly. It’s interesting that a tool meant to increase productivity had the opposite effect, at least at first.