Innovative technology is spreading at an exponentiation pace. Never before such growth could habe been imagined in so short time. And it will not stop. It is currently remodeling the way we live and the way new generations participate and perceive the world.
Austrian German and German German are significantly different in pronunciation. The written stile is normed but the country itselves have a slightly different mentality.
By taking a look at music videos from the 80s I have found for everyone, who was wondering what is the mysterious difference in language an interesting comparison.
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Wanted to post some really old but amusing Austropop – Germanpop songs.
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Paso Doble is a German NDW band that formed in 1983. Very popular in Germany, their songs Computerliebe, Herz An Herz and Fantasie have appeared on several Best of NDW/New Wave compilations. They are well known for their unique sound as well as their unusual style and choreography, which had a Spanish style to go with the bands name, Paso Doble being a style of Spanish dance...
” (www.wikipedia.org)
So today I would like to share with you an interesting slide from Rogoff and Reinhart (2008). It shows an overview about the past crisis in the financial sector, the increase in unemployment and the duration.
Ever tried to write german text on your iphone and the spell checker started to correct wrongly your words. This happened to me many times, and finally I have found and want to share with you the way to turn auto correction off when you write a text message or an email.
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Everyone talks about crisis. But most people have to be aware that there
are currently many different types of crisis running. For sure they are
intervened but at the same time they have different solutions and impacts on our
everyday life. Continue reading »
The big 3 are currently in a deep automotive crisis and their own liquidity is on the verge of zero.
This is a big problem, not only because of the dependency on external money funds to increase the ongoing business, but also because a possible loss of liquidity, only the idea distracts any customer.
First of all, by cutting of workforce, the big 3 are loosing most of their own vehicle customers, which consist to a large part of their own employees.
Further any other customer will think twice. Would you buy a car if you know that after purchase perhapse you wont have any warrany or spare parts for your vehicle left?
Do you know what DZM, ACC or EDC means? What does the car maker say if they want to use a AHPS?
The secret is that many OEMs use different abbreviations and shortcuts do describe the components used in their cars.
Most time also within the component these shortcuts can be trademarked or are copy-protected.
The effect is that with increased amounth of components and different branded names for actually similar components at the vehicle maker, as well additional even the local company internal rules for used language standards increase and multiply the possible abbreviatens used siginificantly.
This sometimes it is getting very confusing when suppliers and OEMs talk about their used components.
And it is discussed in many different news-groups.
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Nowadays vehicles are composed of around 20 000 to 30 000 different parts , all of which even the largest manufacturers cannot produce by themselves. Therefore automakers are forced to outsource production or purchase already finished product parts from second and third level suppliers.
Also considering the individual complexity of the subparts it is a crucial thing to buy in the right parts without loosing the focus on other non competitive technologies but at the same time keep the fundamental differential criteria and intellectual property for the creation and design of unique, competitive and differencing car products.
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The automotive business is a very tough market. The market is fragmented and dominated by a relative small amount of huge global players.The entry barriers are huge due to economy of scale.
Last time I was wondering how much the profit margin would be for a single vehicle sales and I found some interesting numbers. Continue reading »
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