SIAM works closely with various stakeholders in the formulation of the policies, regulations and standards related to automobiles. Just months after a faulty ignition scandal rocked the company, the Michigan automaker was forced to recall a massive 14 million vehicles after it was revealed that a small electronic switch used to deactivate the cruise control function when the brake was applied could overheat and start a fire.
Fourteen automakers are included in BCG’s top 50 innovative companies — only four years ago, BCG put eight auto firms on its list. Chevrolet’s SUV, Suburban, built from 1933 is the longest-living nameplate in the world. Bosch, one of the world’s largest automotive suppliers, has responded to an increase in demand by dedicating more than 2,000 engineers to driver-assistance systems. Chery has a joint venture with Tata Motors called Chery Jaguar Land Rover , both companies hold a 50-50{c0ab263b3175d981033b17d6eec654a369e659a5af23b80a9510e95dedf16ccb} stake. In March 2015 …