For the early part of the 21st century, China has been the growth engine of the global automotive industry.
Despite a recent slowdown, China will surpass 25 million units in annual car sales in 2016 and has become the battleground for dominance of the global auto industry.
Several driving forces, which are particularly evident China, are disrupting the status quo of the automotive industry
While new, long-range electric vehicles, such as the Tesla Model 3 and Chevrolet Bolt, have dominated headlines lately, a number of major automakers are working up a green alternative, and at least 17 new hydrogen fuel-cell vehicles will be on the market around the world by 2027, according to a new study by IHS Automotive.
There are currently just two, the Toyota Mirai and Hyundai Tucson Fuel Cell Vehicle, with Honda set to launch its new Clarity model later this year. But manufacturers such as General Motors and Daimler AG are working up their own offerings.
In California, more than 200,000 electric cars are on the road. But Governor Jerry Brown wants to raise that number to 1.5 million by 2025.
Getting there requires figuring out something oil companies had to deal with a century ago: how to keep cars juiced up.
“Nobody’s going to buy an electric car unless they see charging equipment where they commonly drive or park,” says Pasquale Romano, chief executive officer of ChargePoint, based in Campbell, Calif., which sells charging equipment.
Despite today's low fuel prices, consumers continue to rate fuel economy as one of their top criteria when shopping for a new car.
That's likely because they understand that gas prices can change quickly, and more efficient vehicles provide protection against future fluctuations.
The folks at the advocacy group Consumers Union feel the same, and today, they've published a report showing that new federal fuel economy goals for 2025 will save consumers up to $8,000 over the life of their vehicles.
By Mike Cieri, MSIR, Vice President of Mardac Consultants
Rewards and recognition do not have to be huge pots of money, lavish trips, or even impressive/expensive gifts.
Today, rewards and recognition have become more important than ever for several reasons;
• Employees are asked to do more and more tasks, and work more autonomously. Behaviors that are acknowledged and reinforced tend to repeat themselves.
• Managers increasingly must serve as coaches, influencing behaviors rather than demanding behaviors.
• Changing demographics of the workforce. The incoming workforce tends to have different values and expectations.
Although money is important, research continually shows that what motivates most to perform at high levels is the personal kind of recognition that signifies true appreciation for a job well done.