Innovation Carries OnBy Alejandro Enríquez | Thu, 09/17/2020 - 17:46
Innovation is leading companies' strategies to take the industry to the next level. In a constraining environment, Epicor presents state-of-the-art solutions to make operations efficient. Meanwhile, it seems that Plastic Injection companies are having a window of opportunity.
On international roads, Toyota announced a US$800 million investment fund for new technologies. Audi expands its green vehicle portfolio, not only with electric vehicles but also with natural gas units.
Sit tight, this is the Week in Automotive!
Heavy-Vehicle Production, Wholesales Interrupt Recovery
ANPACT announced that during August, vehicle wholesales and production stopped the recovery trend seen in the previous months. Heavy-vehicle production reached 12,866 units in August, which meant a year-on-year 30.4 percent drop. Accumulated production in 2020 accounted for 83,967 units, below the 143,207 units produced in January-August 2019, which represents a 41.4 percent drop.
In this week's featured interviews, software expert on ERP systems EPICOR details how companies can make operations more cost-efficient amid uncertain times. Learn more about it here.
Meanwhile, PSI Plastics, a Mexican company based in Jalisco, affirms there is a thriving environment for plastic injection companies. Learn more about it here.
Toyota Creates US$800 Million Investment Fund for Innovation
Toyota Research Institute - Advanced Development (TRI-AD) announces an ambitious US$800 Million global growth-stage investment fund to achieve its "Mobility to Love, Safety to Live" vision. TRI-AD's investment project will also drive the creation of a new company called Woven Planet Holdings, which will include all of Toyota’s ventures regarding state-of-the-art technology development.
Audi’s Green Portfolio in Line With Sustainability Goals
Audi remains consistent with its plans to advance green vehicles, whether these be hybrid, natural-gas or electric. Over the last weeks, the German automaker has introduced different models and new versions of existing ones that complement its offering. Audi’s green portfolio will level up during the upcoming Greentech Festival, where the company will present its carbon neutrality plan for 2050.
Reuters describes the Musk Method: how to be a disruptor based on Musk’s techniques.
Tesla competitor Nikola continues to navigate the "fraud" allegation made by a German short seller.
Meanwhile, in Asia, Kia halts production at Seoul factories after eight positive cases of COVID-19.