When it comes to further embracing electric mobility, Canada has significant competitive advantages and immense market opportunities. … READ MORE >
automotive
The automotive sector as a blueprint for robotics in manufacturing: Spring 2022 outlook
For manufacturers that have not yet embraced robotics, a look at the automotive sector’s method of adoption, use cases and investment approach can provide insight into what’s possible. … READ MORE >
Manufacturing and energy industry outlook: Spring 2022
Our spring outlook examines how manufacturing companies can thoughtfully incorporate robotics into their business models, lessons learned from the auto industry when it comes to automation, the oil and gas workforce landscape, and the labor implications of elevated capital expenditure investments. … READ MORE >
Economic recovery drives up raw material prices
As manufacturing activity rebounds, companies are experiencing not just volatility in demand but also in raw material prices, which have been rising. … READ MORE >
CHART OF THE DAY: Auto inventory slump may be sign of upcoming sales strength
Auto sales have accelerated over the past three months, with July U.S. new vehicle sales hitting their highest point since mid-January according to data compiled by Ward’s Automotive Group. … READ MORE >
As cars become increasingly connected, the prevalence of autonomous vehicles will grow
In recent years, auto companies have developed more technologies that enable autonomy for their vehicles. As the number of sensors and technologies in cars has increased, so too has the amount of data available for machine learning algorithms to harness for potential innovation. These data points are sourced from a … … READ MORE >
Economic risk tied to closing the U.S.-Mexico border
A sustained hard closure of the U.S. border with Mexico would trigger a recession in both the United States and Mexico within six months. The automotive sector, in particular, is vulnerable. … READ MORE >
Section 232 automotive tariffs and their impact on Europe
Under section 232 of The Trade Expansion Act of 1962, The Trump administration has the authority to impose tariffs on automotive imports from the UK, the European Union and Asia. RSM’s chief economist discusses their impact on the European economy. … READ MORE >