FPT Automotive’s Post

The #automotive sector is moving confidently into the future, but each step forward brings new challenges. 🚗 How are key industry players tackling these challenges? Find out in our infographic. 📊 Infographic based on the article by Renault Group and Henry Bzeih, CEO at Ampere, published on LinkedIn. To read the full article, please, find the link in the comments section. 👇 #Cezigue #AutomotiveInnovation #Ampere #RenaultGroup #SoftwareDevelopment

How is the automotive aftermarket changing? Sarang Sambare sat down with Jon Taylor Taylor of AW Rostamani Group and Marc-Steven Havinga of Motus Aftermarket Parts at Automechanika Dubai to identify key trends shaping the automotive aftermarket. Read the blog post to explore insights from this discussion: https://ow.ly/l6e150Rji5y #AutomotiveAftermarket #PartsPlanning #ValueBasedPricing

🚗 Exploring the Future of Mobility: Traditional Auto Makers vs. Chinese Innovators 🚀 The 2024 Beijing Auto Show showcased a dynamic juxtaposition between traditional auto giants like Volkswagen Group, focusing on their "in China for China" strategy, and emerging Chinese manufacturers like Xiaopeng Motors, unveiling groundbreaking innovations like flying cars. This raises the question: Are traditional auto makers falling behind in the face of Chinese innovation? At the booth of Xiaopeng Motors, a prototype of a flying car captured attention. This innovative concept features foldable propellers stored atop the vehicle, signaling Xiaopeng's bold vision for future commercialization. Plans are underway for a model that seamlessly transitions from road travel to electric vertical take-off and landing (eVTOL) flight, with pre-order sales set to commence in 2024. While the idea of flying cars may seem futuristic, it's gaining traction in China's cyberspace, fueled by advancements in EV-related technologies, particularly in battery development. China leads the world in eVTOL models, boasting 50% of the global market share, thanks to its expertise in high-energy-density batteries, spearheaded by industry leaders like CATL. With strong support from local governments in cultivating the "low-altitude economy," Chinese manufacturers such as Xiaopeng, Ehang, and Guangzhou Automobile Group are racing to capitalize on the emerging global market. Ehang, for instance, recently obtained authorization for mass production of its flying vehicles, signaling a significant milestone in the sector's evolution. Despite promising advancements, challenges remain on the path to widespread adoption. Infrastructure limitations, including a shortage of takeoff and landing points, coupled with the absence of comprehensive traffic regulations, present hurdles that must be overcome. As the automotive landscape continues to evolve, the Beijing Auto Show serves as a testament to the innovative spirit driving China's auto industry forward. With traditional players and disruptive newcomers alike vying for dominance, the future of mobility promises to be both exhilarating and transformative. https://lnkd.in/dcNsj9Zn

Historical 2023 results - strong improvement of all financials for Renault Group - Exceeding 2023 FY financial guidance - Strong improvement of all financials with record levels - Strong orderbook in Europe at 2.5 months of forward sales - Renault Group back in the spotlight for its customers thanks to the successful renewal of the line-up. In 2023 and in Europe, Renault Group has 2 vehicles in the Top 3 of the best-selling cars and Renault brand has risen from 5th place to 2nd - In 2024, the product offensive with 10 launches and the acceleration of cost reductions will be the drivers for operational performance and strong cash generation. - A significantly higher dividend of €1.85 will be proposed to the vote of the Annual General Meeting on May 16, 2024 versus €0.25 per share in respect of 2022 financial year ( €1.60 per share) #renault #dacia #alpine #results # https://lnkd.in/eE8FV3ma

Discussion with Overland Automotive on future of Vehicle imports! Have a look at what the premier EV importer had to say about the future for Passenger vehicles in SL.... Sub to the channel would be delightful!!!

Renault Group Morocco: Dacia Jogger, the new breath of 'Made in Morocco' With a local integration rate of 65.5% and local sourcing revenue of 2.06 billion euros in 2023 ( 11% compared to 2022), Renault Group Morocco exceeds the commitments made to Morocco. As a reminder, the objectives for the period from 2016 to 2023 were to increase local integration (excluding mechanics) from 40% to 65%, and local parts sourcing from 750 million euros to 1.5 billion euros over this period. Source : leseco.ma

Unlocking the Strategic Significance of the Current Automotive Landscape at the 45th Bangkok International Motor Show. As the automotive industry undergoes a transformative phase marked by a surge in Electric Vehicle (EV) adoption, rapid technological advancements, and intense market competition, businesses are compelled to decipher the underlying implications shaping their strategies for sustainable growth. The 45th Bangkok International Motor Show, scheduled to take place at the Impact Challenger from March 25th to April 7th, 2024, stands as a pivotal event illuminating the dawn of a new era in the automotive market. Against the backdrop of unprecedented challenges and opportunities, industry players are poised to showcase their resilience, innovation, and commitment to meeting evolving customer demands. The convergence of market forces underscores the imperative for companies to not only survive but thrive by establishing themselves as top-of-mind brands for customers. The strategic decisions made during these critical times will shape the trajectory of success for businesses navigating the complexities of the modern automotive landscape. We delve into the strategic nuances reshaping the automotive industry, driving towards a future defined by innovation, sustainability, and customer-centricity. #AudiThailand #BangkokInternationalMotorShow #AutomotiveLandscape

📢 A short video showing a huge installation of 2 #attended Mezzanine Goods-lifts used by an automotive industry for spare parts storage.

Last week, it was announced that Vietnam would once again cut registration fees for locally assembled cars. This is on the back of slower sales of Vietnam-made vehicles which is the result of a much broader rejig of Vietnam’s car market. This article looks at how Vietnam’s car market is changing, what’s making it change, and what might come next. https://lnkd.in/ggurzWVW

Renault Group just released a strong set of Q1 figures: - Group revenue: €11.7 billion, up 5.9% at constant FX - Automotive revenue: €10.4 billion, up 3.6% at constant FX - Strong orderbook in Europe at 2.5 months of forward sales reflecting the success of our products and a very good start of the year in terms of order intake even though the key product launches are scheduled throughout the rest of the year - 2024 guidance fully confirmed with an operating margin above 7.5% and free cash-flow above €2.5Bn In 2024, we will benefit from a strong momentum with our product offensive and an acceleration on cost reduction... ⚡ Renault Group opened a new chapter with strong fundamentals: performance improvement and efficient capital allocation on the one hand and flexibility on the other. ⚡ Day after day, our organization is gaining in agility and speed in execution which are clear strengths in the current environment. ⚡ Renault Group, with its 3 auto brands Renault, Dacia and Alpine, is in the starting-blocks for the upcoming product offensive!!