While petrol prices cropped by 14-15 paise per litre, diesel became cheaper by 15-16 paise for a litre. This was the second reduction in fuel prices this week. On August 22, petrol price dropped 15 to 20 paise per litre across the country after 35 days.
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A component is a part or element that make up a whole machine. In the automotive industry, a vehicle comprises of a number of different components, which when put together, makes up a whole vehicle. Following is the list of the important automotive components:-
"Other" comprises of components and services that might not be core to automotive segment, but a very important segment. Sub-parts for this are - other ammunition hardware (for automobiles), other auto parts (aftermarket), other automotive components, other sheet metal automotive components, other different components as per drawing and specifications, along with other engineering goods.
A production system is a computer program typically designed to provide artificial intelligence. The production system, in an automobile, refers to the method/procedure/arrangement which includes all the functions required to gather the inputs, process/reprocess the inputs and deliver the end product. In ETAutolytics, a production system includes facility/equipment, machine element, processing machinery and production supplemental materials.
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