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At present, micro-electromechanical constructions (MEMS) are used in various automotive sensors. The potential of nanotechnology on this sector remains nearly untapped as a result of nanotechnology structures are expensive in comparison with conventional structures. The wants of the sensor market are fulfilled by standard products, that are more cost effective. However, a change is foreseen in this predicament, with tire pressure monitoring legislation demanding better sensors than those used at current.
Volvo cars (Sweden) -The transaction between Ford Motor Firm and Geely Car has varied results on Volvo. This is a short time period WIN for Volvo vehicles (Sweden). Volvo can be given middle stage at Geely and the attention it deserves. However, this can be a long run LOSS for Volvo vehicles (Sweden). The long term prediction is that Geely will fully take in Volvo vehicles and assert majority control over the model. Overall, the risk of the enterprise appears to be on the Swedes’ shoulders.
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