Posts Tagged ‘manufacturing’

Major Players of the Automotive Industry

The rise in foreign investment has led to the rapid growth of automobile production, its export and developing of a more strong automobile industry. Overseas companies are making huge investments and are installing extensive production capacities in many developing countries. Today, the increase in the purchasing power and standards of living of people has resulted in the increased demand of automobiles especially four-wheelers in the developing nations. The fast pace of life and changes in lifestyles necessitates safer mobility for commuting to and from the work place and for traveling long distances. Research & development has resulted in increased productivity, better quality of automobiles and automotive accessories all across the globe. Low cost vehicles that are scooters and motorcycles have led to the massive growth of some of the fastest developing economies. The future of automotive industry in the developing countries seems bright and promising because of its further growth potential.

A lot of the major automotive giants are shifting their production facilities to almost all emerging markets with the main purpose of gaining better access and reduction in their production costs. According to the figures, South America and Asia have witnessed a boom in the past years. The various factors such as cheap financing and price discounts, rising income levels and infrastructure development have helped increasing the growth and development of automotive sector in the majority of developing countries around the world. The global automobile industry along with components and parts is expected to reach US$ 1.9 trillion by 2015, growth and it is thus evident that the economical potential of the auto industry is very high.

Reasons for the boost witnessed in the certain regions for the automobile industry are due to the availability of infrastructure facilities such like power supply, machinery, capital and availability of raw materials with efficient and relatively cheaper labor. Automotive industry is providing employment to a population of about 25 million people in the world. This industry not only provides millions of jobs to the people, but also produces billions of dollars in terms of worldwide revenues to many countries that are linked directly or indirectly with automobile industry.

This industry is developing new markets worldwide but major shares still remain in the prominent automotive manufacturing regions. North American regions like New England, New York and the Mid-Atlantic, Central New York, Pittsburgh/Cleveland, Western Great Lakes, St. Lawrence Valley, Ohio and Eastern Indiana, Kanawha and middle Ohio Valley, St. Louis, the Southeastern region, Gulf Coast, Central Florida, and the West Coast are the major contributors towards the automotive industry in the USA. The European Union has the largest automotive production regions in the World. The key automobile manufacturing regions are United Kingdom, Rhine-Ruhr River Valley, Upper Rhine – Alsace – Lorraine region, and the Po Valley in Italy.

The global automotive component industry is highly diverse and comprises of various product segments like engine parts, drive transmission and steering parts, suspension & braking parts, electrical parts and other auto components parts.

Automotive Museums in Italy

It is only natural that one of auto racing’s pioneer countries would have museums dedicated to automobiles and it does. Travelers to Milan, Italy can enjoy the Alfa Romeo Museum located in Arese, Milan, Italy. The museum is in the former Alfa Romeo factory area and covers almost a century of Alfa Romeo history. During its manufacturing heyday, Alfa Romeo not only produced the automobiles they are famed for but also manufactured commercial vehicles, marine and aircraft engines, locomotives, buses and tractors. The museum occupies 52,000 square feet and comprises six floors. The visitor will find four theme areas that include a chronicle of all the Alfa Romeo road cars manufactured from 1910 plus prototypes, concept cars, scale models and aeronautical exhibits. The first car ever manufactured by Alfa Romeo, the 1910 24 HP Torpedo, is on display here. Most of the one hundred original Alfa Romeo models are fully functional today. The museum shut down for renovations at the beginning of 2009 but is expected to re-open in time to celebrate Alfa Romeo’s 100th birthday in 2010. After his father’s death, Torino Lamborghini constructed and opened the Centro Studi e Rierche Ferruccio Lamborghini in honor of his father, Ferrucio Lamborghini. The museum is located at Via Statale 342, 44040 Dosso (Ferrara); however, unlike the other automobile museums in Italy this one does not maintain a regular schedule. In order to visit, one must schedule an appointment. Visitors are rewarded with such views as a white Countach Quattro Valvole, a Miura SV, an Espada, and and an early 400 GT. Hanging from the ceiling is a Lamborghini Helicopter, a prototype built by Lamborghini but never produced.

No museum tour of Italy would be complete without a visit to the Galleria Ferrari located in Maranello just south of the town of Modena where Ferrari where Enzo Ferrari was born. The museum is a monument to the man who exuded passion about everything automotive. Ferrari was both a racecar driver and a designer and manufacturer of racing cars. His fast paced adventurous life dances before the visitors eyes throughout the museum packed with memorabilia including the trophies won by Enzo himself and of course, the famous cars. A unique feature of the museum is the amphitheater that houses two F-1 driving simulators. Here, the visitor can experience the thrill of being behind the wheel of a racing car sans the skill and danger. The visitor traveling through Torino should take in the Il Museo Dell’Automobile sponsored by Fiat. However, although there are many Fiats in the collection, the theme is technology displaying cars that featured important innovations in automotive history. The landmark of the collection is the 1907 Itala that won the Peking to Paris race in 1907. Both the race and the car are immortalized in Luigi Barzini Sr.’s book, ‘Peking to Paris.’ Another famous car on display is the Isotta Franchini that was used by Gloria Swanson in the film ‘Sunset Boulevard.’ Painted on the front doors are the initials N.D. that stand for Norma Desmond, the name of the character played by Gloria.

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