Today’s Vehicle Technology Needs to Better Now - PowerPoint PPT Presentation

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Today’s Vehicle Technology Needs to Better Now

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Currently there are many companies who are trying to combat the competition regarding cars. But still there are some cars who are much expensive and looking remarkable but bits not good for the mountain areas. For this purpose, all the Insurance and Credit Hire Vehicles companies need to work together in order to meet the needs of best technology of cars. – PowerPoint PPT presentation

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Title: Today’s Vehicle Technology Needs to Better Now


1
Todays Vehicle Technology Needs to Better Now
2
  • Currently there are many companies who are trying
    to combat the competition regarding cars. But
    still there are some cars who are much expensive
    and looking remarkable but bits not good for the
    mountain areas. For this purpose, all the
    Insurance and Credit Hire Vehicles companies need
    to work together in order to meet the needs of
    best technology of cars. They should create new
    technologies for vehicles with the requirement of
    time, in order to make them more comfortable.

3
  • Same as the technology of mobiles is rising
    speedily, so, the technology of cars should be
    improved as time changes. No doubt the car makers
    are working on it. Engine manufacturers are
    crushing more power out of smaller engines,
    utilizing a blend of turbochargers, enhanced oil,
    and parts, in the mix with advances in software
    technology inside a vehicle's management system.
    Competition is originating from somewhere else as
    well with respect to the technology of cars.

4
Outdated
  • The Association of British Insurers' (ABI) third
    party hire vehicle categorization depends on the
    undercarriage and motor size, as opposed to
    control output and this is making the
    classifications outdated in the age of the
    smaller, incredible engines of today. The ABI
    third party hire system basically demands a
    higher rate to those vehicles in which engine is
    larger in size.
  • Quite a long time ago, this standard appeared
    well and good, because the bigger the engine and
    the vehicle, the costlier the vehicle would be.
    In any case, quick forward today and is a greatly
    improved barometer than the size of the engine.
    For example, Ford's Eco Boost go offers a
    one-litter three-barrel vehicle that conveys more
    power than a 1.8-liter, four-chamber engine of
    the past age.

5
Time for Change
  • It seems that the ABI categorization is out of
    step with the technology right now driving the
    vehicle business. Discussion along these lines
    needs to occur between its subscribing
    individuals including the insurers and the credit
    hire associations, to empower change and, in a
    perfect world make another rating framework that
    reflects todays engine.
  • Justifiably, nonetheless, an entire upgrade might
    be viewed soon, however that doesnt mean an end
    to the discussion. With a little bit of
    turbocharging to the industrys engine, there is
    a possibility to cover the distance between the
    ABI and the present motoring technology, they
    should be connected to provide new technology of
    the vehicle.
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