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.
Placed side-by-side, the new and old systems present a stunning visual. Despite a small increase in the displacement of the gasoline engine from 1.4L to 1.5L the overall package is reduced markedly in volume and has shed about 130 lbs....More
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