industry

KAIA | Kentucky Auto Industry Association

It is with great excitement that we announce that KAIA, the Kentucky Automotive Industry Association is now a part of KAM. The Kentucky Association of Manufacturers represents ALL manufacturing sectors and leadership for KAM & KAIA are excited to be joined. In the coming year, you’ll have the opportunity to get engaged in some of the new things we’ve been working on.

KAM is GROWING. We’re adding new members, benefits, services, event dates, networking opportunities, educational opportunities, partnerships and more. We couldn’t be more proud to serve you.

Here in the Commonwealth, we employ 95,000 hardworking men and women in the automotive industry, 38% of all Kentucky manufacturing workers, and slightly better than 10% of total U.S. autoworkers. Approximately two-thirds of all our counties have an auto-related employer and we exported nearly $5.5 billion in motor vehicles and parts, accounting for nearly one-sixth of all Kentucky exports.

We LOVE our

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BERA: Issue 2 Automotive Industry: Global Automotive Industry

Increasing global trade has enabled the growth in world commercial distribution systems, which has also expanded global competition amongst the automobile manufacturers. Japanese automakers in particular, have instituted innovative production methods by modifying the U.S. manufacturing model, as well as adapting and utilizing technology to enhance production and increase product competition.

There are a number of trends that can be identified by examining the global automotive market, which can be divided into the following factors:4

Global Market Dynamics – The world’s largest automobile manufacturers continue to invest into production facilities in emerging markets in order to reduce production costs. These emerging markets include Latin America, China, Malaysia and other markets in Southeast Asia.

U.S. automakers, “The Big Three” (GM, Ford and Chrysler) have merged with, and in some cases established commercial strategic partnerships with other European and Japanese automobile manufacturers. Overall, there has been a trend by the world

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Investing in the Industry in 2020

How to evaluate top transportation stocks

You’ll see some commonalities if you invest in transportation stocks. To assess how these companies will fare, keep the following in mind.

Fuel costs

Transportation companies use a lot of energy to get things where they need to go. They’re therefore sensitive to crude oil prices and fuel costs. Whether they use jet fuel for planes, diesel for trucks and trains, or a combination of electricity and natural gas to run updated equipment, the best transportation companies seek to be as fuel-efficient as they can be.

Debt

It’s expensive for transportation companies to buy the equipment they need. Financing purchases through long-term debt can be smart, but the best companies keep their debt levels from getting unsustainably high.

Economic strength

When the economy is strong, transportation companies tend to do well, because plenty of people and businesses want to ship things. But shipping demand

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Automation in the automotive industry



Challenges in the Automotive Industry


The automotive industry is very dynamic and requires extreme flexibility from automotive manufacturers. The growing global competition demands smart production systems, combined with flexible logistics systems. They can be adapted quickly and thus also serve the ever-increasing demand for model diversity. In addition to the installation, a simple operation of the system plays an important role.

Automotive manufacturers increasingly find that they have to expand their core competencies in areas ranging from automotive industry to mobility or even to re-define those areas. They are only able to stand in the competition if they could cope with developments around Industrie 4.0, demographic change and data-driven production.

 



Solutions for the automotive industry


KUKA offers you the necessary configuration options to meet all the automotive challenges efficiently: through adaptable, modular and automated production and logistics processes,

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