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.
“We can build the entire vehicle in 20 hours vs. 40 hours for a conventional vehicle,” a BMW executive says. That's from the time the vehicle parts are stamped in the body shop until the completed EV rolls off the assembly line....More
A Toyota executive says suppliers should not rely only on automotive but seek out other industries with similar needs. Makers of defense vehicles, for example, may require components like those used by auto makers....More
The plan includes redesigned versions of the S80, V70, XC60, S60 and V60, as well as new V40 and XC40 for the U.S. By the time Volvo’s product offensive is complete four years from now, no vehicle in the lineup will be more than four years old....More
Today’s auto-industry executives must connect Silicon Valley and Detroit, as well as address entirely new dimensions of safety concerns, such as how to protect their customers’ privacy and data....More