Remove 2023 Remove Automotive Remove Lead Time
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Automotive Chip Shortage Likely to Persist Through 2023 and Beyond

Seeburger

Last year, the automotive industry was still confident that they would overcome the semiconductor crisis in 2022. Even leading automotive manufacturers are quoting lead times of 15-18 months for […]. However, there are no signs of this easing up soon.

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Why 2023 promises great expectations in a value-driven EV market

E&T

Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Dominic Tribe is a partner and automotive sector specialist at management consultancy  Vendigital.

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UK Auto calls for industrial strategy to secure £106 billion EV prize

SMMT

UK Automotive calls for cross-party adoption of five pledges as part of an industrial strategy to drive industrial transformation, mobility for all, upskilling, global trade, and clean, affordable energy. Commitment would deliver green automotive manufacturing growth and consumer choice in a thriving, accessible EV market.

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Tariff Squeeze: Look for Catalysts as You Navigate the Shifting Outlook

Fabricating & Metal Work

And in February, ArcelorMittal, one of the worlds leading steel producers, announced it would invest $1.2 billion to build an advanced manufacturing facility in Mobile County, Ala. The company will begin construction later this year and is expected to create more than 200 jobs. region, investing $500 million for a new facility.

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SMMT International Automotive Summit: Manifesto for growth

SMMT

With countries around the world accelerating their efforts to attract international investment in advanced manufacturing, Britain’s automotive sector has called on all political parties to back the UK by committing to five key pledges as part of a dedicated industrial strategy.

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Elexon2Zero: Striving for zero defects

Manufacturer's Monthly

The programs roots can be traced back to a fire in August 2023, which destroyed Elexons factory and manufacturing equipment. Drawing inspiration from previous experiences in the automotive industry, where a target of 10 PPM (parts per million) returns was set, Elexon sought to create a similar benchmark.

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Avery Dennison Performance Tapes Adds New Product Categories To 2023 Core Series™ Portfolio

i4.0 today

Avery Dennison Performance Tapes today introduced four new tape constructions to its 2023 Core Series Portfolio, which features a full breadth of adhesive technologies in a variety of tape constructions to enable simplified product selection and rapid quoting. The product meets most automotive OEM requirements. Today Magazine.