As we close in on two years of a global pandemic and a supply
chain shortage that has drastically cut commercial vehicle
production, we are still seeing an increase of vehicles on the road
and positive new registration trends in the commercial vehicle
industry for GVW 3-8. Vehicles in operation (VIO) for GVW 3-8 has
increased 9% since 2018 and new registrations for the same weight
classes have increased 10% over the same period.
With the increasing trends of new registration and VIO we will
continue to see an increase in demand for replacement parts. The
chip shortage has caused the average age of a vehicles on the road
to increase in parallel with replacement part demand. IHS Markit's
Aftermarket Parts Demand takes VIO data from TIPNet accompanied
with expert analysis to show the demand for 12 parts categories and
95 parts for GVW's 3-8.
Our latest Aftermarket Parts Demand update shows engine parts
and oil demand have risen 5% from 2018. Exhaust and steering parts
have seen double digit growth during that same time at 12%. Filter
replacements have increased 10%, and brake demand has also grown at
16%. Understanding the parts market is crucial for suppliers and
distributers alike to know how many parts need to be produced and
ideal inventory levels.
Did you grow up with “Monica’s Friends”? Founded over 60 years ago, Mauricio de Sousa Productions has become one of Brazil’s most successful comic book and animation publishers. What role has intellectual property played in this success?
Under the USA’s Post Registration Audit Program, a declaration of use must be filed between the fifth and sixth year of the validity of the registration of the trademark. So, the Applicant has the burden of proof to show proper usage of the mark for all the goods and services provided under the relevant classes. However, India being a common law country and a first-to-use jurisdiction, one would assume that the use of a trademark would be of prime importance and would consequently, be a requirement that is constantly monitored. However, the use of a trademark is rarely monitored subsequent to its registration. In fact, it is of little to no consideration as there is no system or database to monitor the post registration audit of trademarks in India. Under current practices, the Registry itself does not undertake suo motu cancellations of unused trademarks, so it theoretically possible for a mark to be registered indefinitely without ever having been used in commerce.
This beginner-friendly tutorial will introduce some Java String basics and teach you how to convert Java int to String, char to String, and array to String.
There is an increasing realisation that a successful economy is also a smart economy, and a smart economy is strengthened by having companies and organisations innovating and commercialising their inventions.
Luckily Australia is full of companies and organisations doing exactly this. But who are these companies, and in what areas are they innovating in?
To answer this question with the most recent yet reliable data, I have looked at patent global publication data for Australian companies filed in the 12 months prior to 31 March 2021. I have chosen this period as it is the latest quarter for which reliable data is available. By coincidence this is also the 12 month period after COVID-19 made its impact known, but maybe it is too soon to fully understand the effect of COVID in this area.