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Like most auto manufacturers, NASCAR race teams are motivated to make vehicle parts better, cheaper and faster. Hundreds of the leading Fortune 500 brands are highly visible on the evocative vehicle paint schemes, pointing to continued healthy investment in the sport.

Yamaha Motor Co., Ltd., a manufacturer of diverse motorized products in Japan, has selected Siemens to provide product lifecycle management (PLM) software to support its digitalization initiative.

Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.

Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.

Much has changed in the world of automotive accessory designing, engineering, and manufacturing in the past few years. Sales and after sales of automotive parts have witnessed a surge in data-usage across the horizontal and vertical value chains between suppliers, business partners, internal departments, and the end-customers.

Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.

Automatic parallel parking, lane-keeping assistance, sensor-enabled maintenance, infotainment equipment and other advanced electronics are helping many automotive manufacturers differentiate their vehicles in a fiercely competitive, global marketplace.

In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.

ABB and Microsoft Corp. today announced a strategic partnership to help industrial customers create new value with digital solutions. Customers will benefit from the unique combination of Microsoft’s intelligent cloud and ABB’s deep domain knowledge and extensive portfolio of industrial solutions.

Smarter factory systems connected via the cloud are the grand vision offered for the future factories that will fully leverage the best available tools from automation, software and machine tool builders.