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.
The dispute at Wentzville illustrates workers’ concerns over eroding perquisites, imposition of alternative work schedules and other work-rule concessions. Management insists the changes have improved efficiency and competitiveness....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
Electric cars simply are more convenient than gasoline cars and will only become more so. My electric car is always full. This is because I plug it in every night. I almost never have to take it to the garage, because upgrades/fixes are downloaded overnight....More