History shows suppliers that invest in technology to drive innovation have better financial margins, as their solutions are not so easily commoditized. Yet, for innovation to work, suppliers have to take risks to execute new ideas....More
A lot of the heavy brand lifting will have to come from Chrysler’s marketing team and agencies. For Chrysler to be successful in the core of the mainstream market it will need to create a meaningfully different brand persona....More
Dealerships no longer can rely on in-store visits to drive sales. They need a powerful online presence wherever dealer or vehicle selection is happening and work harder to keep customers close throughout the ownership cycle....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
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
In October 2013, trade between NAFTA partners totaled $103.1 billion, up 4.5% from a year earlier, marking the first month in the pact’s history in which trade exceeded $100 billion in a single month....More
Economic recovery is weak and gradual, unemployment remains stubbornly high and Europe faces a growing and acute economic challenge from other global regions. We will only deliver the full potential benefits of the Single Market if we set a genuinely new course for Europe....More