Although industry giants OnStar and ATX Group have been offering services such as roadside assistance and hands-free calling for nearly 12 years, the technologies have struggled to catch on with consumers....More
Ask a group of auto designers or engineers to explain what makes an interior irresistible to prospective buyers, and you likely will go through an exercise that sounds like three blind men describing an elephant....More
Ross has reasons to be pessimistic: People are losing jobs and unable to replace their vehicles; the housing market is in shambles; Americans are defaulting on loans; and household debt is up to $13.8 trillion....More
“Most of our suppliers would no longer exist unless we let them raise prices. I believe other Tier 1s are in a similar position,” says Wilbur Ross, who formed International Automotive Components in 2005....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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