Automotive suppliers should understand potential pitfalls for a company’s intellectual-property portfolio if joint-venture, engineering-services and contract-manufacturing relationships are not managed carefully....More
Today, the reasons for diversifying into powersports are as strong as ever, with the economic recovery stuck in low gear but some markets such as UTVs enjoying a double-digit annual growth rate....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
This year, Honda’s Odyssey once again has established itself as the minivan of choice, displacing the Dodge Caravan as U.S. market leader. Sales of Honda’s minivan entry were up 5.0% through August; Caravan deliveries have declined 14.8%....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