WardsAuto/AutomotiveCompass data shows this year about a third of the top-volume platforms will cross four or more size segments. By 2019, that percentage will go to half, and those will span up to seven market segments....More
The sub-tier supply chain, Tier 2 and below, is a real strategic challenge for the global automotive industry. There are volume constraints for specific parts and components, and we are beginning to see industry segments facing shortages....More
A $900 million expansion, raising cumulative investment at the facility to nearly $6 billion, will boost capacity once again to 350,000 units in 2015. And with it will be the addition of the new X4 reportedly due out in early 2014....More
For the third consecutive year in 2012, BMW’s Spartanburg plant led the U.S. auto industry in exports. The year’s total rose to $7.4 billion as an estimated 211,000 X3, X5, and X6 CUVs were shipped to 130 countries.