ESCA ’s Post

The yesterday PMW visit with my friend were very successfull! The read in the new MSA,too! In the MSA i could read above the final plans from the F.I.A in behalf to the 26 er F1 Rules! The problem is,that the planed rule changes brings not really something! So the idea was born in my head,to build a constructive bridge between the F.I.A and my suggestion! The problem is,that the cut in inside the rules are extreme big,so a complete new car must develop and because of that,the rules must be fix so fast as possible“tempus fugit!“! And the F.I.A should use Andretti as develpmentteam for the new cars in change for the teamplace! Reason! The ither teams are involved in the 24/25 er season and have not the ressources to develop in two lines! So Andretti can support F.I.A and the development on the 26 er cars

📍 On 25 September, at 12:00, the European Business Association will hold an expert discussion "The Used Car Market: Stop Shadow". We invite interested companies and media representatives to join the discussion. Registration for the event: https://lnkd.in/d5QdJFHV 📊 The event will feature a presentation and discussion of the results of a survey of importers and dealers of the automotive market, as well as a discussion with public authorities and business on combating the shadow segment of the used car market; factors that complicate the work of official companies and priority measures and proposals for legislative deregulation and deshadowing of the market. Details and speakers: https://lnkd.in/dCB82fHV

In our FCW Automotive Update Sotheary Bryant and Steve Young Managing Director of ICDP, discuss the recently announced New Vehicle Emission Standards (NVES) (scheduled to commence on 1 January 2025), and the response from the Australian Government released on Thursday, 28 March relating to concerns raised by industry bodies. Covering the potential consequences on the automotive industry or consumers and the impact of Chinese car brands on the worldwide automotive market, they share insights on the potential impact on the Australian market. https://lnkd.in/g3C3Z4mE #NVES #FCWAutomotiveUpdate #AutomotiveIndustry

Exploring the Automotive Services Industry 🛠️ 🚗 In our latest Asset Class Spotlight, we looked under the hood of the dynamic Automotive Services industry. Here are our 6 key takeaways:

3D Printing is #hype or #need ? Our automotive customers can’t be wrong about continuously choosing LOOP 3D 😉 Although there are many bad news and speculations about 3d printing nowadays, it is still amazing technology which is directly or indirectly adding value to today’s technology in multiple industries. It’s all about right applications! 💡 #3dprinting #automotive

ESCA President and McLaren Group Head of Global Government Affairs Helen Foord has given some key insights into what membership of ESCA means for a small-volume manufacturer (SVM) like McLaren in the following Q&A: 1) How does membership of ESCA benefit McLaren? Membership of ESCA provides McLaren with a platform to voice the Ultra/Small Volume Manufacturers (U/SVM) industry position directly to key policymakers, recognising the diverse nature of the industry and providing clarity on the nuances between U/SVM positions and that of mass market OEMs.   2) What are McLaren’s priorities for the next few years? Building on the success of our existing high-performance hybrid technologies, over 90% of McLaren supercars will have some form of electrification within the next five years as we explore the potential for a pure EV that is true to the McLaren brand DNA. Growing a sustainable business model is a key aim for McLaren, including an effective environmental strategy.   3) What do you see as the major issues facing the European automotive sector over the coming years? There are multiple challenges for the European automotive sector over the coming years, to name a few challenges; electrifying localised supply chain, data sharing, and the multiple ways to decarbonise vehicles and fuels. There is never a dull moment in the automotive industry.   4) What would you like to see from European legislators? We would like to see greater flexibility within regulations, recognising the different challenges of different parts of the automotive industry. It is also important to see purpose-led regulation, with a clear social or environmental goal, developed in collaboration with industry – we can make better regulation when we work together with policymakers. #automotive #supercars #innovation #europeancars #luxurycars #manufacturing

What's the state of the industry, and what are the biggest takeaways from the NCM Automotive Demand Index? Join Keith Prather from Armada Corporate Intelligence in diving into the insights for a clearer picture of today's automotive market. 

In April, new car registrations in the United Kingdom continued their upward trajectory for the 21st consecutive month, marking a modest 1.0 per cent increase to reach 134,274 units, according to the latest data released by the Society of Motor Manufacturers and Traders (SMMT). Despite this positive momentum, the market still lags behind pre-pandemic levels by 16.6 per cent, albeit showing resilience in what is traditionally a low-volume month post-March plate change. https://buff.ly/3QzyJ7E

If the UK is serious about growth, the automotive sector can be the driving force so this week’s 16th SMMT International Automotive Summit sent that message loud and clear. SMMT’s Vision 2035 plan, launched at the event, sets out the contribution the UK auto industry can make to the UK economy. With the right policies in place, our sector has the potential to deliver growth worth £50 billion over the next decade, at the same time replacing more than 17 million fossil fuel cars with zero emission ones and making more than a million of them here in Britain every year. Read my Society of Motor Manufacturers and Traders (SMMT) Update this week looking at why a new government needs to work in partnership with industry to address these challenges. https://lnkd.in/evMvbTNS