Identified closely with the K-car, Dodge Viper and minivan while at Chrysler and the GT and Mustang during his days at Ford, engineer Chris Theodore is keeping active consulting and inventing better turbochargers and EVs.
Challenges facing the U.S. manufacturing sector include cost pressures, adapting to new technology, finding and retaining skilled workers and overcoming what the executive calls structural cost burdens.
The brand’s North American chief says deliveries could hit 400,000 in fiscal 2016, as recently introduced models gain a firmer foothold and a new assembly plant in Mexico launches production in the spring.
Lacks’ only customer to date is Audi, which is using the innovation on its flagship ’15 A8 Quattro. The A8 is a low-volume car, but for the privately owned supplier the application marks a significant breakthrough.
Younger consumers face barriers such as higher unemployment, lower income, stiffer insurance rates and the fact new cars and trucks cost more as content and regulations add to sticker prices, Mustafa Mohatarem says.
Industry Minister Ian Macfarlane says the program aims to identify new investment opportunities for Australian industry as it transitions from its traditional base to new, higher value-added and globally linked manufacturing....More
The operation has a lot on its plate, with five new manufacturing plants – and possibly a sixth – in the works, an aggressive new-model launch plan and a bullish short-term sales target for the Cadillac brand. And this with the market slowing overall....More