Transport Equipment

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China’s automotive industry sustained growth in value terms in 2018, although gains were largely due to rising production prices. In volume terms, production of commercial and passenger vehicles declined by 4% to 27.8 million units in 2018. The ...

The United States-Mexico-Canada Agreement (USMCA) is the new trade agreement between the US, Mexico and Canada. The new trade deal is expected to supersede the North American Free Trade Agreement (NAFTA). This briefing analyses USMCA’s impact on the ...

Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem. Digital Twin is a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as ...

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Japan’s automotive industry continued to expand in 2018, although at slower rate. Production growth was largely thanks to expanding exports while domestic demand remained flat. In volume terms, production of passenger and commercial vehicles remained...

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The industry’s growth spiked in 2018, driven by expansion and transformation of Saudi Arabia’s economy. Firstly, 28% higher international oil prices revived the ailing economy, which had struggled due to a previous decrease in the oil prices. ...