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52

Wire & Cable ASIA – November/December 2016

www.read-wca.com

From the Americas

(LAN), to optimise its own operation and maintenance

even as it enhances the driver and passenger experience.

A report from BI Intelligence, the research service of

Business Insider

(New York), takes note of a significant

uptick in the number of these cars on the road.

According to “The Connected-Car Report: the

Transformation of the Automobile,” over the next five to

ten years Internet integration will in fact revolutionise the

auto industry, pacing the development of fully autonomous

vehicles and changing the car ownership model. In the BI

view, the market position of the connected car today is

similar to that of the smartphone in 2010: ready to explode.

Here are the three key takeaways from the report:

While technological, regulatory and other hurdles to

adoption remain, the fully autonomous car – one that

can drive itself from point A to point B with little or no

human interaction – is only a few years away

With more automakers all the time preparing to satisfy

consumers who are embracing the connected car faster

than expected, over 380 million connected cars will be

on the road by 2021

Given the eagerness of automakers to “connect up”

the vehicles they sell, tech companies will be playing

a major role in the automotive market. A big question,

says BI Intelligence, is whether tech companies

– presumably no less alert to opportunity than

carmakers – may not eventually turn to car manufacture

themselves.

Elsewhere in automotive . . .

Automakers including Germany’s Volkswagen and

Japan’s Nissan are striving to raise their market

share in India’s passenger car market, forecast to

be the third-largest globally by 2020. But General

Motors appears to be rethinking its strategy for the

price-sensitive Indian market, where the USA carmaker

commands a less than one per cent share. In July, GM

officials said that the company is re-evaluating a $1

billion investment in India, announced in 2015, and has

put on hold plans for a new car platform there.

The new platform would have helped GM to be

competitive in the Indian market, whose buyers favour

low-cost cars and which is dominated by the domestic

company Maruti Suzuki India and South Korea’s

Hyundai Motor. Jack Uppal, vice president of marketing

at GM India, told

Reuters

(24

th

July) that, instead of

launching the Spin MPV, GM will focus on bringing a

compact SUV to India soon. But he added that GM has

not altogether abandoned plans to launch small cars

there.

Computer security experts at the University of

Birmingham in England have published a paper

highlighting the vulnerability of remote keyless

automotive entry systems. The research team, led by

computer scientist Flavio Garcia, said, “Our findings

affect millions of vehicles worldwide and could explain

unsolved insurance cases of theft from allegedly locked

vehicles.”

As reported by Stephanie Mlot in

PCMag

(12

th

August),

the keyless feature – found in most Volkswagen

Group vehicles manufactured since 1995 – relies on

a few global master keys. Using cheap, off-the-shelf

equipment, eavesdropper-hackers within 20 yards can

simply clone a driver’s key fob; and, wrote Ms Mlot,

“Voila! – they gain unauthorised access to the car.”

Insecure vehicles include Audi, VW, Seat and Škoda

models sold over the past two decades. But a VW

spokesman told

Reuters

that the current Golf, Tiguan,

Touran and Passat models are safe, and that the

Birmingham findings will serve to further improve the

company’s security technology.

Meanwhile, owners of at-risk vehicles were advised to

be wary of unlocking their car doors remotely. Leaving

no physical traces, the wireless hack poses “a severe

threat in practice,” the researchers warned.

Steel

China’s record exports of steel prompt

countermeasures, but not everyone is

convinced of the efficacy of duties and

tariffs

“From the USA to India, regulators around the world are

pushing harder than ever to shield local steel industries from

foreign competition.”

Citing data from the Russian Steel Association, which

counts both preliminary and permanent trade-restrictive

measures,

Bloomberg News

reporters Yuliya Fedorinova

and Thomas Biesheuvel noted that nations imposed 85 new

duties and other taxes on steel imports in the first half of

this year. That is 49 per cent more than at the same point a

year earlier. (“Steel Protectionism Goes Global as Few Can

Survive Low Price,” 11

th

August)

The trade frictions are, of course, largely a response to

record exports from China, which accounts for about

half of the world’s supplies of steel and shows scant sign

of curbing its output. Despite its pledge to cut some 150

million tons of steelmaking capacity, China’s production of

steel was down just an annualised 0.5 per cent over the first

seven months of the year. Output for July was higher than in

July 2015, and data from China on 10

th

August showed that

mills there were still churning out steel.

In August, the European Union imposed five-year tariffs as

high as 36.1 per cent on Chinese and Russian producers

of non-stainless cold rolled steels, upon its finding that

imports from the two countries unfairly undercut European

manufacturers.

Even so, recently there has been a slight but noticeable

shift in emphasis from China’s failure of self-restraint to the

perils of overreaction, with Fitch Ratings Ltd senior director

Peter Archbold among those analysts warning that the

duties pose a risk in the long term. In a broader context,

the World Trade Organization in July said that it has seen a

“significant increase” in trade-restrictive measures generally.

In an online statement the WTO called this “the last thing

the global economy needs.”