This is default featured slide 1 title
This is default featured slide 2 title
 

Monthly Archives: June 2017

Safe When Selling Your Car

Most owners are preoccupied with getting the most money possible. You’ve invested a great deal in your car, and it’s understandable that you want to get the money you deserve. Unfortunately, cost isn’t the only concern you should have when selling your car. As scammers become more advanced, it’s easy to find yourself in a scary situation if you’re not careful. Keeping yourself safe when selling your car is simple with these essential tips, so do your due diligence and sell your car to the right buyer for the right price.

Always Meet in a Public Place
Once you’ve connected with a buyer and you’ve decided to meet up, make sure you always do so in a well-lit, well-populated place. Grocery store parking lots in the middle of the day work wonderfully, and will decrease the risk of a violent car theft; more witnesses should scare off most scammers looking to take your vehicle by force. Never have a buyer come to your home; you don’t want to give a would-be criminal the chance to case your home and return later on.

Don’t Accept Checks
Car scammers often hand over a bad check to gain a free car. Tell buyers that you’ll accept cash only. If that limits your pool of buyers, there are a few ways to ensure you get what you’re owed. Call a trusted bank to verify the funds before handing over the keys or telling a buyer that you’ll deposit the check and then give them the keys when the funds have cleared.  A common sign of a fraudulent check? Offering to pay more than you’re asking for the car. If you have to ask yourself : “Who would buy my car for more than its true value?” chances are they’re attempting to rip you off.
It’s understandable and expected that a potential buyer will ask for a test drive before purchasing your vehicle. However, this gives the nefarious scammer the perfect opportunity to steal your car. Always have a friend with you, and be sure to go along for the test drive. Also be sure to request their driver’s license and have a scanned copy on hand. With their license you can scan their public record for a criminal history check, which will tell you whether or not a test drive is a good idea.
Private buyers will often attempt to haggle with you about the price of your vehicle, telling boldfaced lies that your car’s book value is much lower than you think it is. They may bring a mechanic with them to check out the car; this mechanic may then turn around and tell you the car has numerous issues and isn’t worth as much as you expected. Avoid this by using a car valuator tool like Kelley Blue Book and have it checked out by your own trusted mechanic. Walk into the negotiation knowing the worth of what you’re offering and don’t buckle against their claims to the contrary.

Automotive Remanufacturing

Remanufacturing is a standardized industrial process* by which cores are returned to same-as-new, or better, condition and performance. The process is in line with specific technical specifications, including engineering, quality and testing standards. The process yields fully warranted products.
*An industrial process is an established process, which is fully documented, and capable to fulfill the requirements established by the remanufacturer.

A core is a previously sold, worn or non-functional product or part, intended for the remanufacturing process. During reverse logistics, a core is protected, handled and identified for remanufacturing to avoid damage and to preserve its value. A core is not waste or scrap and is not intended to be reused before remanufacturing.

European associations have further agreed to the following definition:

 A remanufactured part fulfills a function which is at least equivalent compared to the original part. It is restored from an existing part (CORE), using standardized industrial processes in line with specific technical specifications. A remanufactured part is given the same warranty as a new part and it clearly identifies the part as a remanufactured part and states the remanufacturer.

The common language is a landmark achievement inautomotive remanufacturing, and offers a bright future for an industrythat has already benefitted from greater awareness, among policy makers and the general public, in recent years. In 2015, the United States Congress passed legislation recognizing the federal government’s responsibility for outfitting its vehicles through remanufacture. The same year the G7 Alliance for Resource Efficiency declared its support for remanufacturing at a summit attended by representatives from business, government, organized labor, research, and science.

Despite the trend toward official recognition and support for the industry, the absence of unified and codified language to describe key terms, threatened to undermine the gains in automotive remanufacturing. The lack of cohesion led to misunderstanding and sub-optimal growth, as well as competition, rather than collaboration, among organizations representing auto remanufacturers, all with a common goal of growing the industry. Early indications suggest that this state of affairs is over.

As the Asia-Pacific partner of the APRA (Automotive Parts Remanufacturers Association), a non-profit trade association representing more than 1,000 automotive remanufacturers, Duxes has a history of engagement with and support for the automotive remanufacturing industry.With the release of the reman terminology, we will take the responsibility of promoting the terms and definitions in China and Asia Pacific area, and inform the rapidly expandingremanufacturing industryof the prospect for increased efficiency, and cooperation with international partners, offered by the new terminology, as well as the potential for futurelegal recognition.

Duxes Reman Business was started in 2008 afterthe NDRC’sintroduction ofan automotive parts remanufacturing pilot program. Following a partnership agreement between Duxes and the Automotive Parts Remanufacturers Association (APRA) in 2015, Duxes has assumed the role of the APRA’s Asia Pacific Agency.This platform has enabled Duxes to carry forward its mission of promoting the development of the remanufacturing industry in the Asia-Pacific region, and facilitating industrial relations among remanufacturing companies and related organizations around the world.

Duxes makes use of its industry consulting expertise and unique perspective to provide outstanding services for domestic and foreign remanufacturing enterprises, andis currently the only independent consulting firm focusing on the remanufacturing industry in China. Duxes’ events, which are held annually both within China and the greater Asia-Pacific region, provideinsightful analysis on the latest developmentswithin the remanufacturing industry, and expand opportunities for companies engaged in remanufacturing. http://www.duxes.cn/EN/RemanBusiness.aspx

Automotive Telematics Technology

The developed markets have always been characterised by high level of environmental regulations and increasing demand for sophisticated technological improvements.

However, with the growing competition in emerging markets, the increasing demand for quality, features & services is now playing a pivotal role in intensifying industry dynamics. The customer demands are driving the shift from merely being low-cost solutions towards higher value, heavier trucks, aftermarket sales & latest innovations.

For the global truck industry, the latest growing trend in the segment of Innovative products is “Introduction of Telematics-enabled services”.

Globally, telematics technology is expected to become a standard automotive equipment by 2020.

Till now, the Indian telematics market has grown at a steady pace owing to factors like early adoption, upgradation of infrastructure and government regulations. After 2010, companies like Ashok Leyland, Mahindra & Mahindra and TATA have ventured into the telematics business. But, in the coming years, with the increase in awareness level, the growth of Telematics industry is a necessity. It has to happen.

In India, Heavy commercial vehicles (HCVs) have accounted for majority of the market share till now. However, with the increasing need for fleet management, Medium Commercial vehicles (MCVs) are also expected to register significant growth in telematics market over the coming years.

India’s Commercial Vehicles Telematics Market will exhibit rapid growth in the coming years. Initiatives like Toyota’s “Toyota Connect” for cars, “Tata SkoolMan” for school buses, “Tata FleetMan”, Eicher Drive Telematics, JCB’s “Livelink” and Mahindra & Mahindra’s “Digisense” from the major CV players of India prove that our market is placed in the right direction for growth in the Telematics segment.

The vehicle OEMs and telematics suppliers are upbeat about the increasing demand as awareness is on the rise with government involvement on passenger safety. With policy initiatives by central and local government, a prerequisite of 400,000 new buses is required by 2017. Such Initiatives, rising fuel prices and minimal profit margins in transportation industry are forcing the fleet operators to gain an edge through adoption of features such as vehicle tracking, route calculation, checks on fuel pilferage and other telematics capabilities.2.

With factors such as increasing awareness level, potential market & policy initiatives, market is today in the right direction for growth in all segments. OEMs are creating new products and in parallel with market consolidation through M&A taking place, the foundation for Telematics industry is strengthening.

Autonomous Commercial

The commercial vehicle industry has undergone significant developments since the world recovered from the economic recession. Specially, the global truck industry which is developing at a very fast pace in terms of growing profit pools and acceptance of game changing market trends such as “Telematics” and “Autonomous Driving”.

However, like many infrastructure dependent trends, the growth and acceptance of autonomous driving in commercial vehicles is different in developed economies of US & Europe as compared to emerging markets like India.

After the revolution of driverless cars, commercial vehicles are next in line. That is the next logical step. In fact, Daimler has already launched its first road approved truck for autonomous operation in US. Daimler says “This is a truck which the driver can finally let go – at least of the steering wheel”.

In opinion of the Industry experts, this trend might take another 10 years to reach a point where autonomous trucks are operating on public roads (the developed nation’s roads to be precise). This is a trend which is more dependent on the legislative system, policy issues and government approvals than the advancement of technology.

India as we know is a country enriched with a huge potential in IT & analytical skills. A large portion of R&D and technological development can be taken over by India. However, we might not have the best suited legislative system and an open public opinion about such developments.

Experts suggest that to begin with, the agriculture sector can be explored as an early adopter because of two major reasons. First, the vehicles will operate away from other human beings so it ensures safety of people around. Second, there is always a need to address food supply issues for the growth of economy.Moreover, the technology involved in modern tractors is very much similar to the modern cars.

This reasoning makes complete sense as to why India’s Mahindra Group, the largest tractors producer globally, has started with R&D to develop autonomous commercial vehicles including driverless tractors. Mr. Anand Mahindra, Chairman and Managing Director of the Mahindra Group believes that “The tractors that operate autonomously could change the future of food production”

“Autonomous commercial vehicles operating on public roads in India” is a concept that seems unrealistic for India but isn’t that what we thought about many technologies some 15 years ago. Who thought the navigations systems could ever work on Indian roads, but, look at us now. We are dependent on them for every trip that we take.