Ford, the top-ranked Detroit-based automaker in Planning Perspectives’ annual study, climbed to within 30 points of Toyota in 2012 but now trails by more than 50. Chrysler and GM are 70 points behind the Japanese automaker....More
An unprecedented convergence of government and public interest in decreasing pollution has put more pressure on automakers to respond. In the past, the OEMs successfully lobbied to extend compliance deadlines....More
The federal government is boosting its contribution to A$100 million, while another A$55 million comes from the Victorian and South Australian state governments and GM Holden and Toyota, two of the automakers ending local production....More
The supplier’s global automotive portfolio includes its NOK Freudenberg Group China sealing-products joint venture, which grew at about twice the overall auto-industry rate in that country in 2013....More
For years, Taiwan has been a reliable source of auto parts. Now, the region, and three companies in particular, are gearing up production of motors, batteries, controls, chargers, connectors and other necessary components....More
Like the automakers, suppliers are subject to the same business issues that at times can be overwhelming, including concerns about the company’s image, product deadlines, production demands and budgets....More
Under the agreement, Chongqing will provide tax breaks and other incentives for the plant, Beijing Hyundai’s fourth in the country. Construction could begin late this year, with production launching in 2016....More
Industry representative Nico Vermuelen says he believes most automakers are in South Africa to stay, as the country has a relatively developed economy and can be used as a base for selling cars in the rest of Africa....More
As the first reporting deadline approaches, many in the automotive industry are struggling to understand the conflict-minerals regulation and its requirements for due diligence and public reporting to the SEC....More
Nexteer aiding Chinese automakers’ transition to electric power steering; Magna Interiors to supply painted carbon-fiber body panels; Ford says purchases from women-owned suppliers grew 50% in 2013....More
The Henry Ford in Dearborn, MI, hosted its fifth annual Maker Faire Detroit this past weekend in highlighting the importance of grassroots innovation and problem-solving. Some 400 creators participated in this year’s event, including 100 for the first time.
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....More
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business....More
“We must recognize that fully driverless cars require a great deal more comprehensive testing and development before they can be made commercially available in the U.K. – or anywhere in the world,” says a top insurance industry official....More
The Henry Ford in Dearborn will host this weekend’s celebration of creativity in parts of the museum and adjacent parking lot. The family-friendly festival is like a traveling circus, highlighting the works of local tinkerers at each stop....More
Mercedes-Benz launched its first and only U.S. vehicle assembly plant in 1995. Officially known as Mercedes-Benz U.S. International, MBUSI has solely produced SUVs and CUVs for North America and export markets until production of the C-Class luxury sedan began in June.