The pneumonia epidemic in Wuhan has spread. IHS Markit, a world-renowned economic forecasting and business consulting agency, predicts that the impact on the global industry this year will be the worst impact on the automotive and component industries, with a performance decline of 4.4%, followed by the computer and electronics, and restaurant industries. IHS Markit predicts that due to the ep...

The new pneumonia epidemic caused the Taiwanese car assembly to be broken. After Ford stopped working at the end of February, it added components by sea and air transportation. It is expected to resume work today (9). The other depots responded by reducing man-hours and starting four and a half days a week. If a heavy-duty manufacturer fails to supply parts, it may start to shut down this week. P...

As the automotive industry shifts to electric vehicles, General Motors (GM) is holding an "Electric Vehicle Day" event in an attempt to convince investors that this century-old automaker can compete with Tesla, an electric vehicle manufacturer. Ford will also launch the electric version of the commercial van "Transit" as soon as next year. GM will hold an "Electric Vehicle Day" event on the 4th,...

A harsh economic situation swept through the global automotive market in 2018, largely due to slowing market demand and political competition among the world's superpowers, as well as decreasing confidence from consumers, leading to the first decline in five years in the industry. More importantly is how the main markets in China, Europe and North America have already fallen into negative growth....

Su Chunxing, general manager of Auto Market Leader and Thai Car, pointed out yesterday (30) that the scale of the auto market is expected to reach 450,000 units this year, an increase of 10,000 units over last year, a new high since 2005. Yulong Group is also optimistic about the auto market this year, pointing out that if the subsidy policy for replacing the old one is set to expire at the end o...

In a special address at the World Economic Forum (WEF) annual summit, Trump said since he last addressed Davos two years ago, the US has enjoyed the “great American comeback” that he had predicted. “Today I am proud to declare that the United States is in the midst of an economic boom the like of which has never been seen before,” he said. The first phase of the trade deal between the two econ...

The market share of domestic cars has been declining in recent years, from 83% at the highest peak to 53% last year. National industry players are all worried about starting from this year to the legislators and the Ministry of Finance to reduce tariffs on auto components. The Ministry of Economic Affairs had proposed 23 components, and finally adjusted them to nine items without domestic product...

Terminated even 13 black! The Ministry of Economic Affairs announced today (20) that the export order value of December last year was 43.78 billion U.S. dollars, an annual increase of 0.9%, in line with expectations. However, the total export orders for 2019 remained negative, with a cumulative amount of US $ 484.56 billion, an annual decrease of 5.3%. The Statistics Department of the Ministry...

In 2018, European and American international car manufacturers have automatically turned on the daytime running light function in new-style cars to reduce the accident rate. However, the trend of LED lights has become a major trend. In addition, active steering in advanced driver assistance systems (ADAS) Both headlights (AFS) and auto-adjustable headlight systems (ADB) have introduced LEDs one a...

In order to meet the increasing consumer demand for large models, major automakers are focusing on the development of electric vehicle versions of SUVs and pickups. New hybrid and battery-powered versions will continue to be introduced in the next few years. SUVs and trucks, and many popular models of electric vehicles, are sprinting to sell electric vehicles. The Wall Street Journal reports t...