The second quarter turned out to be a bad one for the automotive industry: The overall profit of the 16 largest automobile groups fell by 18 %. Only four of these 16 OEMs were able to increase their sales compared to the previous year.
In June, the BMW Group opened the most innovative plant of their worldwide production sites in San Luis Potosi, Mexico. But the Mexican hub is suffering under US policy and is no longer as attractive as it used to be – especially suppliers are already feeling this development.
China is the largest e-car market in the world in terms of unit numbers. However, it’s a much smaller country that leads in terms of market share. Germany is in the mid-table of the major markets but is catching up.
While other car shows are struggling with cancellations, the aisles of the Auto Shanghai are bursting at the seams. German manufacturers in particular do not want to leave the field to the growing Chinese car manufacturers.
A vehicle with its weight reduced by more than 200 kg, a 3D printed standard metal component and other exciting lightweight concepts: Altair and the Center for Automotive Research announced the winners of the Enlighten Award.