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2014 Global Automotive Consumer Study: Exploring European consumer mobility choices

November 14, 2014 Comments off

2014 Global Automotive Consumer Study: Exploring European consumer mobility choices
Source: Deloitte

This report highlights the key findings for the eight European countries covered in the 2014 Global Automotive Consumer Study by Deloitte Touche Tohmatsu Limited’s Global Manufacturing Industry group. The report provides perspectives on consumer mobility trends with a focus on the Gen Y market segment. Countries include Belgium, Czech Republic, France, Germany, Italy, Netherlands, Turkey, and United Kingdom.

Generation Y (“Gen Y”) consumers in Europe are interested in owning or leasing vehicles with around 75 percent planning to buy or lease a vehicle within the next five years. The study draws automakers’ attention to the changing mobility needs and buying behavior of Gen Y consumers, a group estimated to reach 106 million people in Europe by 2020.

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EU — Being human in a hyper-connected era – The onlife initiative

November 11, 2014 Comments off

Being human in a hyper-connected era – The onlife initiative
Source: European Parliamentary Research Service

The “Onlife Initiative”, a project launched by the Commission’s DG-CONNECT, explores the societal consequences of on-going digital transition. DG-CONNECT will present the conclusions of this project during a STOA workshop in the European Parliament on 2 December 2014.

The STOA workshop takes as its evidence-base that mobile broadband access to the internet, the Internet of Things, big data, open data, cloud-computing, social networks, and new forms of internet-based collaborative and co-creation models, (such as commons-based peer production and crowdsourcing), result in the ever-increasing pervasiveness of ICT in all aspects of our lives.

The digital revolution is clearly on its way. Governments are deploying e-government and e-participation systems, and in the political sphere, the new concept of online e-democracy clearly challenges the old representative democratic model invented by the Ancient Greeks. Progress in robotics, artificial intelligence, additive manufacturing, self-driving vehicles, drones and smart factories may result in the massive automation (between 30-50%) of existing jobs in the next 20 years and will require changes to the education system for the new jobs that may be created.

Long-term prospects for health look promising and are aided by the rapid development of technologies such as low powered electronics, 3D printing and nanotechnologies. The application of the latest advances in gaming technologies to the learning and teaching environment already allows for dramatic improvemenst in education and vocational and education training in some sectors, such as medicine – a trend which looks likely to grow in the future. According to economists, the increased use of ICT in all sectors of the EU economy would be, all other things being equal, the most sensible way of increasing labour productivity and therefore growing the EU’s GDP per capita.

EPA, DOE Release 2015 Fuel Economy Guide for Car Buyers

November 10, 2014 Comments off

EPA, DOE Release 2015 Fuel Economy Guide for Car Buyers
Source: U.S. Environmental Protection Agency/U.S. Department of Energy

The U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE) today released the 2015 Fuel Economy Guide, providing consumers with a valuable resource to help them choose the most fuel-efficient and low greenhouse gas emitting vehicles that meet their needs.

In comparison to previous years, the 2015 models include a greater number of fuel efficient and low-emission vehicles in a broader variety of classes and sizes.

Vital Signs — Motor Vehicle Crash Injuries: Costly but Preventable

November 7, 2014 Comments off

Vital Signs — Motor Vehicle Crash Injuries: Costly but Preventable
Source: Centers for Disease Control and Prevention

More than 2.5 million Americans went to the emergency department (ED)—and nearly 200,000 were then hospitalized—for crash injuries in 2012. On average, each crash-related ED visit costs about $3,300 and each hospitalization costs about $57,000 over a person’s lifetime. The best way to keep people safe and reduce medical costs is to prevent crashes from happening in the first place. But if a crash does occur, many injuries can still be avoided through the use of proven interventions. More can be done at every level to prevent crashes and reduce injuries, but state-level changes are especially effective.

Spectrum Needs of Self-Driving Vehicles, CRS Insights (October 28, 2014)

November 5, 2014 Comments off

Spectrum Needs of Self-Driving Vehicles, CRS Insights (PDF)
Source: Congressional Research Service (via Federation of American Scientists)

Baby you can drive my car (unless it drives itself). Among the technologies that are emerging from laboratory environments to test their wings in the real world, the self-driving vehicle is a noticeable standout. Autonomous vehicles is a class of communications and decision-making technologies that are part of what some describe as the Industrial Internet—the integration of complex machinery with networked software and sensors. By 2020, there are likely to be 50 billion devices in this category— which includes the more familiar Internet of Things. Many of the devices will require wireless communications and converge with commercial rollout of the next generation of communications technologies (fifth-generation, or 5G). Identifying radio frequency spectrum for multiple technologies, uses, and users in a fifth-generation communications environment will likely become a significant policy issue, as demonstrated by the current debate about access to the 5.9 GHz band for vehicle communications for crash avoidance. Bills that address some of the issues raised in the debate have been introduced by Senator Rubio (S. 2505) and Representative Latta (H.R. 5125).

Economic and competiveness gains from the adoption of best practices in intermodal maritime and road transport in the Americas

November 5, 2014 Comments off

Economic and competiveness gains from the adoption of best practices in intermodal maritime and road transport in the Americas
Source: Oxford Economics

Broad-based preliminary estimates suggest implementation of TIR could boost exports in Argentina, Brazil, and Mexico by $1-$5 billion per annum, depending on the country, for a total of $9 billion per annum for all three countries. This report, produced by Oxford Economics, explores the maritime and road transport systems in international transport, focusing on trade facilitation and the potential for improvements in trade systems in Argentina, Brazil, and Mexico with implementation of the TIR system, as well as potential challenges.

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Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

October 25, 2014 Comments off

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions (PDF)
Source: Federal Reserve Board

This paper investigates the importance of status in household consumption and financial decisions using household data from the Survey of Consumer Finances (SCF) linked to neighborhood data in the American Community Survey (ACS). We find evidence that a household’s income rank–its position in the income distribution relative to its close neighbors–is positively associated with its expenditures on high status cars, its level of indebtedness, as well as the riskiness of the household’s portfolio. More aggregate county-level evidence based on a dataset of every new car sold in each county in the United States since 2002 also suggests that the signaling motive might be important. These results indicate that greater income heterogeneity might have large consequences for household consumption and portfolio decisions.

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