SMMT

OCTOBER 23, 2024

in the first half of 2024. 5 Mike Hawes, SMMT Chief Executive, said, As UK Automotive undergoes its most radical transformation in more than a century, short term production declines were always anticipated, and they represent a temporary adjustment in exchange for long term growth. in the first half of 2024. million by 2030.

Automotive 85

Automotive Supply Chain Manufacturing Advanced manufacturing 85

SMMT

OCTOBER 30, 2024

The automotive industry is a growth-driving sector, fundamental to the delivery of the country’s net zero ambitions. We therefore welcome today’s commitment of £2 billion of automotive transformation funding as part of the government’s modern Industrial Strategy. The post SMMT statement on the Budget 2024 appeared first on SMMT.

Supply Chain 75

Supply Chain Automotive Manufacturing 75

Robotics Business Review

JANUARY 2, 2024

Submit your nominations for innovation awards in the 2024 RBR50 awards. We’ve done many pilots both in automotive, as well as the commercial space,” she said. Meili Technologies will exhibit at CES 2024. The post Will autotech ventures race east in 2024? Click here to enlarge. appeared first on The Robot Report.

Robotics 121

Robotics Robotics Sourcing Fit 121

SMMT

OCTOBER 25, 2023

Electrified vehicle output rises by 41.5%, but urgent action needed to ensure UK and EU trade remains competitive from 2024. This is under threat, however, from January 2024 when tougher rules of origin for batteries come into force. Rise in production driven by 32.2% UK car manufacturing rose by 39.8%

Supply Chain 144

Supply Chain Automotive Manufacturing 144

SMMT

NOVEMBER 29, 2023

The news follows recent announcements of significant investment into advanced automotive manufacturing, with some £4 billion committed by Government and industry combined in November alone, a massive vote of confidence in the sector.1 on last year, with further growth anticipated in 2024. to 751,422 units.

Automotive 145

Automotive Supply Chain Advanced manufacturing Manufacturing 145

Gary Mintchell

JULY 2, 2024

This one from PLM and Digital Thread developer Aras called “Spotlight on the Future 2024,” focuses on sustainability. To fully take advantage of the green potential, companies must not only collect and analyze their data from the design and manufacturing phase, but also integrate the supply chain.

Pharmaceutical 147

Pharmaceutical Supply Chain Aerospace Automotive 147

SMMT

NOVEMBER 29, 2022

Industry outlook highlights strategic importance of Automotive to Britain’s economic recovery, with growth worth £14 billion targeted in 2023. Window of opportunity to secure industry’s place in global race to net zero is closing fast with imminent deadlines for investment decisions, 2024 Rules of Origin and the UK ZEV Mandate.

Automotive 80

Automotive Supply Chain Logistics Manufacturing 80

Frost & Sullivan Manufacturing

JANUARY 21, 2024

Data security and privacy remain major concerns as automakers move to embrace ChatGPT across the automotive value chain. Generative AI-powered Large Language Models (LLM), most prominently ChatGPT, are disrupting the automotive industry. Countries like Russia, China, Iran, Cuba, Syria, and Italy have banned ChatGPT.

Supply Chain 52

Supply Chain Automotive Manufacturing Value chain 52

Robotics Business Review

JUNE 14, 2024

per year between 2024 and 2028. The average price per unit of an industrial robot is on a downward trajectory, following a rise for two consecutive years, and we expect a price decline of around 3% per year between 2024 and 2028. per year between 2024 and 2028. The industrial robot market is expected to grow by ~3.7%

Robotics 119

Robotics Robotics Automotive Supply Chain 119

Robotics Business Review

MAY 30, 2024

Cover of the 2024 U.S. has a culture that uniquely encourages innovation, but a lack of strong coordination among academia, government, and industry affects the development and deployment of technologies such as robotics, according to the 2024 edition of “A Roadmap for U.S. Source: BLS.gov The post 2024 edition of U.S.

Robotics 116

Robotics Robotics Artificial Intelligence Sourcing 116

Dinesh Mishra

DECEMBER 12, 2024

MUMBAI, 11 December 2024 In the Industrial Manufacturing and Automotive sector 74 per cent CEOs are confident about the global economys growth prospects a survey of 240 sector leaders from across the world finds. Three-quarters of industrial manufacturing and automotive CEOs believe that engaging with communities is important.

Automotive 52

Automotive Supply Chain Manufacturing Industry 4.0 52

SMMT

FEBRUARY 23, 2023

The loss, equivalent to just 215 fewer cars, was driven chiefly by structural changes, reflecting a move from car to van making at one major plant, but with supply chain shortages still afflicting some manufacturers. UK car production was stable in the first month of 2023, with output down just -0.3% to 28,329 units.

Supply Chain 143

Supply Chain Automotive Manufacturing 143

E&T

JULY 22, 2022

The facility is backed by the government’s Automotive Transformation Fund, an £850 million programme to electrify Britain’s automotive supply chain. We need to develop and strengthen our own supply chains to protect our national security into the future.”.

Supply Chain 96

Supply Chain Automotive Sourcing Manufacturing 96

SMMT

FEBRUARY 28, 2024

to 82,997 units, marking the best January performance since 2021 and the fifth straight month of growth as global demand for British-built brands continued to grow and legacy supply chain challenges, notably semiconductor shortages, abated. Volumes rose 21.0% to 62,938 units – a rise of 6,559. million units.

Supply Chain 145

Supply Chain Automotive Manufacturing 145

Robotics Business Review

MAY 7, 2024

EDT on Thursday, May 16, 2024. He is an experienced global supply chain professional helping clients position themselves as market leaders by delivering proven automation and technology to address business needs. Exotec is 2024 RBR50 Robotics Innovation Award Winner for its deployment of the Skypod system at Lane Automotive.

Automation 124

Automation Robotics Robotics Supply Chain 124

Modern Machine Shop

DECEMBER 10, 2023

The shortage of labor, rising interest rates and energy prices, lingering supply chain issues and a variety of other factors have all contributed to a wait-and-see attitude among many U.S. Our projection for 2024 has the U.S. Our projection for 2024 has the U.S. machine tool market down another 7.4% of the total.

Supply Chain 98

Supply Chain Automotive Manufacturing 98

Robotics Business Review

JUNE 14, 2024

Robot sales in North America dip 6% in Q1 A3 said robot sales in North America were down 6% in the first quarter of 2024 compared to the same period in 2023. economy, higher interest rates, and even the over-purchasing of robots in 2022 from supply chain concerns. Waymo says no passengers or bystanders were hurt.

Robotics 116

Robotics Robotics Automotive Supply Chain 116

Modern Machine Shop

OCTOBER 1, 2024

By mid-2024, this number had climbed to 50 people — 30 of whom are in the machining department. based supply chains. From New Hire to Five-Axis Machinist Speedway Motors employs three-axis vertical and horizontal mills, five-axis mills and turn-mills, and has expanded its shop personnel to the same degree as its machines.

Automotive 98

Automotive Cycle time Benchmarking Supply Chain 98

Canadian Manufacturing

MAY 6, 2024

The funding was part of the 2024 Budget: Building a Better Ontario and will strengthen Ontario’s mining industry by assisting with research, development, and commercialization of innovative technologies, processes, and solutions for the critical minerals supply chain. For more information, please visit this link.

Supply Chain 52

Supply Chain Manufacturing Automotive 52

Robotics Business Review

FEBRUARY 29, 2024

We declared 2023 the year of the humanoid, but 2024 has already said, “Hold my beer.” Figure said it plans to use the funding to grow its AI training, manufacture more robots, and hire the engineers necessary to get production units to market in the 2024-2025 timeframe. With the Series B funding, the Sunnyvale, Calif.-based

Robotics 137

Robotics Robotics Prototype  3D printing 137

Canadian Manufacturing

NOVEMBER 12, 2024

The SEMI Silicon Manufacturers Group (SMG) reports Worldwide Silicon Wafer Shipments in million square inches (MSI) for the third quarter of 2024. quarter-over-quarter to 3,214 million square inches (MSI) in the third quarter of 2024 and registered 6.8% The chart shows quarterly data back to the second quarter of 2023 for comparison.

Supply Chain 98

Supply Chain Electronics Automotive Manufacturing 98

SMMT

OCTOBER 17, 2024

Next month, we will be taking a supply chain delegation to Slovakia, with a market briefing at the British Embassy and attendance at the CEE Automotive Supply Chain event, combining pre-arranged B2B meetings and a conference. The post SMMT International Update October 2024 appeared first on SMMT.

Supply Chain 52

Supply Chain Automotive 52

SMMT

NOVEMBER 11, 2024

We begin November by leading a UK automotive trade mission to Slovakia, centred on this year’s exciting CEE Automotive Supply Chain event. The post SMMT International Update November 2024 appeared first on SMMT. We’re currently taking expressions of interest with more details expected soon.

Supply Chain 52

Supply Chain Automotive 52

Robotics Business Review

MAY 7, 2024

However, ABB said it expects the majority of installations of the new robots to be in automotive OEM and Tier supplier sectors, as well as a significant level of installation in logistics, foundry, machinery manufacturing, construction and agriculture applications. It also won a 2024 RBR50 Robotics Innovation Award for these robots.

Robotics 111

Robotics Robotics Artificial Intelligence Automotive 111

Robotics Business Review

MAY 30, 2024

Global cobot market revenues are set to increase at >20% a year from 2024 to 2028. Looking to the future, the market intelligence specialist predicts the global market for cobots will see a 22% increase in shipments during 2024 and anticipates similar levels of growth (>20%) each year through 2028.

Robotics 115

Robotics Robotics Supply Chain Logistics 115

i4.0 today

OCTOBER 19, 2023

Pandemic-induced supply chain bottlenecks for established manufacturers are leading to a slow clearing of full order books – one of the reasons why Chinese robot manufacturers are in higher demand than ever before. The automotive industry remains a major consumer of industrial robots, with Germany standing out.

Supply Chain 52

Supply Chain Robotics Robotics Bottleneck 52

Automation Mag

DECEMBER 11, 2024

percent in the third quarter of 2024 compared to the same period last year. Non-automotive industries drove demand, accounting for 56 percent of orders (4,113 units), while automotive customers contributed 44 percent (3,216 units). Unit volume growth was higher than revenue, with a 14.1 percent increase in units ordered.

Consumer Goods 52

Consumer Goods Robotics Robotics Automotive 52

SMMT

JULY 27, 2023

11,748 units were produced in June, up 23.0%, and it also marks the best first half year for UK van production since 2011, as supply chain constraints continue to ease. UK commercial vehicle (CV) manufacturing grew 16.0% 1 First half year production was 67.0% compared to the same period last year, at 37,803 units. to 20,872 units.

Supply Chain 98

Supply Chain Automotive Manufacturing 98

SMMT

JANUARY 5, 2023

Supply chain shortages subdue new car market to 1.61m units in 2022 – a -2.0% Manufacturers face a Zero Emission Vehicle Mandate from 2024 (the details of which have still not been published). 7 UK Automotive calls for urgent action plan to safeguard £14bn recovery as investment deadlines loom. Notes to editors.

Supply Chain 143

Supply Chain Automotive Manufacturing 143

Automation Mag

OCTOBER 8, 2024

million) during the first half of 2024 compared to the same period in 2023, according to the latest robotics market report from the Association for Advancing Automation (A3). A3 shares that automotive OEMs ordered 4,159 units in the first half of 2024, marking a 14.4 percent to 15,705 units) and revenue (down 6.8 percent to $62.84

Robotics 64

Robotics Robotics Consumer Goods Supply Chain 64

SMMT

SEPTEMBER 5, 2024

We are also gearing up for the CEE Automotive Supply Chain event in Žilina, Slovakia from 13-14 November. The post SMMT International Update September 2024 appeared first on SMMT. SMMT has supported the event for many years and is delighted to have 19 companies in the UK pavilion among more than 100 at the show overall.

Supply Chain 52

Supply Chain Automotive 52

SMMT

AUGUST 14, 2024

After a year of significant investment from industry and government, the UK has underlined its place on the global map as a leading location for automotive companies to do business. The post SMMT International Update August 2024 appeared first on SMMT. coming soon. Contact international@smmt.co.uk to get in touch.

Supply Chain 52

Supply Chain Automotive Manufacturing 52

SMMT

FEBRUARY 6, 2023

market uplift in 2023 to reach 1.79m units despite straitened economy and strained supply chains. Electrified vehicles notably drove the increase, as manufacturers continue to bring ever more choice to the market despite ongoing strains on the supply chains. million new cars expected to join the road in 2024.

Supply Chain 134

Supply Chain Automotive Manufacturing 134

Mold Making Technology

NOVEMBER 15, 2022

HRI) recently released the results of the Harbour IQ in-depth study on the current state of the automotive vendor tooling industry. The analysis indicates automotive vendor tooling spend in North America will increase year-over-year at a rate of 13.4%, resulting in $8.3 Photo Credit: Getty Images. Harbour Results Inc.

Supply Chain 104

Supply Chain Automotive Sourcing Manufacturing 104

Frost & Sullivan Manufacturing

JANUARY 9, 2024

San Antonio, TX — January 9, 2024 — Frost & Sullivan recently researched the automotive cloud computing platform market and, based on its findings, recognized AWS with the 2023 Global Company of the Year Award. AWS believes in the importance of its customers implementing cloud computing capabilities for their unique use cases.

Automotive 64

Automotive Artificial Intelligence Supply Chain Manufacturing 64

i4.0 today

SEPTEMBER 18, 2024

Pursuant to the agreement, Motherson will manage sourcing and supply chain of all production parts and support the assembly of the REEcorner® and REE P7 electric trucks, the first full by-wire, software-driven certified medium duty electric truck available on the market today. About REE Automotive REE Automotive Ltd.

Automotive 52

Automotive Manufacturing Supply Chain Cargo 52

SMMT

JANUARY 25, 2023

1 The main reasons for the depressed output were the crippling global shortage of semiconductors, which limited the ability to build cars in line with demand; significant structural changes, reflecting a loss of production at two volume manufacturing sites; and the impact of supply chain pauses in China due to Covid lockdowns.

Automotive 143

Automotive Supply Chain Manufacturing 143