A year that began with great optimism soured as months wore on, with sales deflating from a relatively robust 1.6 million units in March to a meager 739,263 in August, according to WardsAuto data....More
Even when running near 100% capacity, auto supplier margins are razor thin, so investing millions in new construction based on OEM sales projections and economic forecasts takes a major leap of faith....More
“The industry is in good shape. We’re not over our skis,” Visteon CEO Tim Leuliette says. “Not just Visteon, but as an industry we are all running pretty good balance sheets and being very conservative.”...More
More than 500 people attended the recent WardsAuto Interiors Conference in Dearborn, MI, to hear two compelling keynote speeches and eight panel sessions. Also honored at the conference were winners of the 2014 Ward's 10 Best Interiors and the College for Creative Studies Student Design Competition.
“Ablation casting was a key concept in order to produce this spaceframe,” Chief Engineer Ted Klaus says of the new NSX. “Without being able to apply castings at all the suspension points, we couldn’t produce a body this rigid.”...More
Many established U.S. suppliers downsized during the market downturn of 2008 and 2009. That left room for new suppliers to get a foothold in the now-booming market, and Chinese firms are taking advantage of that opportunity....More
Group Vice President Doug Murtha says buyer demographics for the iA sedan and iM hatchback basically are the same as those for any car in the Scion lineup: people who want a high-mileage, affordable new small car that isn’t bare-bones....More
The in-vehicle experience continues to evolve rapidly, with both automakers and suppliers ramping up the rate of innovation. Here are a few thoughts on how we can bring a human touch to these connected features....More