VTM Global’s Post

Today’s consumers expect hyper-personalized mobility solutions, seamless experiences, and unmatched flexibility. Automotive finance companies need to rethink their strategies to keep pace. It’s time to reshape your approach, scale innovation, and take the lead in the evolving mobility landscape. Read below and the full story: bit.ly/3P0ej6O #MobilitySolutions #AutomotiveFinance #InnovationLeadership

How will the software-defined vehicle change mobility? At our #FleetsInCharge Conference in July, delegates will hear about the future of transport, including how new battery technology and the era of the ‘Software-Defined Vehicle’ are changing automotive business models. Jack Palmer, Principal Consultant at Frost & Sullivan will deliver a #keynote speech exploring what members need to be aware of so they can prepare now. Jack will cover the latest trends impacting passenger and commercial vehicles - from connectivity and automation to software and services. He will explore the investment and strategy decisions that vehicle manufacturers are making to achieve the ultimate vision of the software-defined vehicle. Jack will also unpick what consumers think about the “softwarisation” of the vehicle and what such developments could mean for fleets and other segments. Event in partnership with: The AA - Business Services, Allstar Business Solutions, Arval BNP Paribas Group, Auto Trader UK, Ebbon Group, Fleet Assist, Flexible Power Systems, Motability Operations Ltd and OEC. Register now: fleetsincharge.co.uk #FICC24 #RoadtoZero #EVs #electrification #fleets #VanPlan #FleetFriendlyCharging #futuremobility #technology #events #networking

SMMT tells next government to back #automotive and reap £50bn growth The Society of Motor Manufacturers and Traders (#SMMT) has unveiled an ambitious plan to collaborate with the next government to boost the UK #automotiveindustry's growth by £50bn over the next decade. This initiative, titled Vision 2035: Ready to Grow, was presented at the 16th SMMT International Automotive Summit. It outlines strategies for driving #economicgrowth, accelerating the transition to #zeroemissionvehicles (ZEVs), and enhancing the UK's #automotivemanufacturing capabilities. Key Points of Vision 2035: #MarketGrowth: The value of the new car market is projected to grow from £70bn annually to almost £80bn over the next decade. More than 17 million fossil fuel cars will be replaced by ZEVs by 2035. Annually, over a million #electricvehicles (EVs) will be produced, increasing the sector’s value by 5%. Economic and #Environmental Impact: Halving VAT on new EV purchases for three years could add 300,000 new zero emission car registrations, leading to a total of 2.3 million new ZEVs on the road during that period. This move would also significantly #reducecaremissions by 175 MtCO2 by 2035. #Competitiveness and #Production: Enhancing the UK’s global competitiveness in light vehicle production could result in over nine million ZEVs produced by 2035, generating more than £290bn in revenue. Policy Recommendations: Targeted policies and cross-party support to strengthen the #automotivemarket, enhance trade, upskill the workforce, and provide low-cost, low-carbon electricity. An industrial transformation strategy to ensure a fair transition to a net zero future, with the #automotivesector leading green #economicgrowth. Economic Contributions: The #UKautomotivesector is a significant contributor to the economy, directly employing almost 200,000 people and supporting over 800,000 jobs nationwide. The sector is pivotal in keeping the rest of the economy moving and is the UK’s most valuable goods exporter. Conclusion: By implementing these strategies, the UK automotive sector aims to play a crucial role in the country's net zero transition, driving substantial economic, social, and environmental #benefits. If you're looking to recruit / looking for a new role in the #manufacturing, #engineering or #supplychain industries, get in touch today! Call: 0151 480 2300 Email: recruit@morganryder.co.uk #follow Morgan Ryder on #linkedin Visit our website: morganryder.com Celebrating 20 years of world class #manufacturing Credit: https://lnkd.in/gtBkNnd7

The COVID-19 pandemic, supply struggles, and attempts to tackle #emissions are among the biggest factors to have influenced #European LCV markets in recent years. Powered by Autovista Group data, a used-LCV #price index reveals how these major #market trends have affected values. #Germany ’s logistics sector has yet to see any visible efforts from the government to #regulate its vehicles. For example, internal-combustion engine ( #ICE ) models are not restricted from running in urban areas dependent on their emissions output, unlike in London or Paris. ‘Polls currently suggest that more conservative parties will win next year’s election, which reduces the possibility of such measures being introduced,’ explained Kai Seidemann, #LCV market analyst at #Schwacke (now part of J.D. Power). Nevertheless, new ICE LCV sales are still set to end from 2035, while gradual #CO2reduction targets chip away at emission levels. #automotive #automotiveindustry #Poland #Portugal #Austria #Switzerland #Spain #Finland #Sweden #UK

To stay competitive in the automotive industry, professionals must keep up with trends, technology, consumer preferences, and global economic shifts. In the second half of 2024, there have been a number of advancements as well as shifts in consumer preference. Global economic conditions, including inflation and supply chain issues, continue to influence the industry. The key is to stay adaptable and embrace innovation without losing focus on your people. As the landscape evolves you need to say competitive in the industry, and having a strong partner to help you maximize your warranty is part of that equation. Contact us today to increase and speed up your recovery, remove inefficiencies and gain peace of mind. Partnering with WPC will keep your receivables flowing, setting you up for a successful remainder of the year. https://lnkd.in/gqRZr59Y

Discover the power of smart mobility in transforming the trucking industry with Eurowag. Our article dives into how innovative technologies are driving efficiency and sustainability, providing a competitive edge. Embrace the future of transportation. ➡️ https://lnkd.in/eyGeVxtq

Is the auto sector shifting gears? 🚗 As production growth slows, we may be heading into a consolidation phase. But with the rise of EVs and strong export potential, there's still plenty to watch in this space. Swipe through to see what's driving the changes! #AutoSector #MarketTrends #Investing #EVRevolution

The US fuel economy standards are not an electric vehicle mandate. They are an R&D mandate. They enable US automakers to invest in future automotive technology in a way that the capital markets would not otherwise allow. The next administration is wrong if it believes that America will be better off cutting R&D in automotive technology rather than stimulating it. Eliminating or cutting US fuel economy standards will make America and the American economy weaker, not greater. Read my blog at https://lnkd.in/eZEfx-m5

Join us at the SMMT Electrified 2025, the UK’s preeminent summit on electrification of road transport on Thursday 13 March at the QEII Centre in London – a full one-day conference with a top-level speaker lineup of industry and thought leaders 🔝 We are delighted that the following senior industry representatives will join our first panel of the day ‘Renewed optimism or cause for concern? The state of the zero-emission car and van market transition’ discussion:  - Lisa Brankin, Managing Director, Ford uk - David George, Chief Executive Officer, BMW UK and Ireland - Paul Philpott, President and CEO, Kia UK Limited - Diana Torres, Managing Director, Nissan Motor Corporation GB  - Chris Pritchett, Partner, Shoosmiths (Moderator) Following the completion of the first year of the Zero Emission Vehicle Mandate, and amidst economic headwinds and continuing challenges in market uptake, this panel will take stock of the transition to #zeroemission cars and vans. Building on the success of its first three editions, #SMMTElectrified will again bring together over 400 senior representatives from industry, government, key partner sectors such as infrastructure, energy, fleets, insurance and logistics, and diverse stakeholders to discuss how we can jointly make the transition to zero emission mobility a resounding and unequivocal success. 💬 "SMMT Electrified is a highly topical and extremely informative event, essential for decision-makers in the automotive industry." To secure your spot today, please contact elecrified@smmt.co.uk  or visit https://lnkd.in/dpXaK7aX. We hope to see you on Thursday 13 March 😊! A big thank you to our event partners for their support:  - Auto Trader UK  - Shoosmiths Society of Motor Manufacturers and Traders (SMMT) #SMMTElectrified #ukautomotiveindustry #globalmarket #electrification #zeroemission #netzero #technology #innovation #EVmanufacturing #futuremobility #mobility #Sustainability #EV #leadership #SMMT #events

RMI has released a factbook about Zero-Emission Vehicle Policy 2024 In scaling the manufacturing of #zeroemission vehicles (ZEVs), policy plays a crucial role in driving market growth and industry transformation. This document provides detailed: A. Policy gap analysis of focal geographies/countries: the European Union, #Australia, #Brazil, #China, #India, #Indonesia, #SouthAfrica, and the #UnitedStates. B. Analysis of interactions between regulatory measures, fiscal policies, and the mobilization of financing to increase ZEV manufacturing. C. Lessons learned and best practices exhibited through case studies. Osama Fawzy Georgy HENEIN, MBA