Tsubakimoto Chain Co., a Toyota supplier, expects sales of their auto parts to factories in China to double within the next four years as automakers seek to diversify their supply chains.
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Category: Production
After six consecutive years of falling auto sales, the European automotive industry group ACEA predicts a 2 percent increase for 2014 as demand slowly works its way out of the wilderness, according to a report by Automotive News.
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Appearing before Opel’s best and brightest in Germany, General Motors CEO Mary Barra proclaimed her company’s European brand, though unprofitable, is a vital one for the General.
In an effort to sell their wares to Western markets, Geely and their subsidiary Volvo have teamed up to build a subcompact global car aimed at offerings from Ford, Honda et al.
Reuters is reporting from “a source with direct knowledge of the matter” that General Motors plans to reduce shifts at its South Korean factories by half as it aligns its global manufacturing. The move could eliminate 1,100 jobs. GM had announced last month that it was discontinuing the Chevrolet brand in Europe by the end of next year and GM Korea produces many of the Chevy branded cars sold on the continent.
According to the report, GM Korea has already approached the union representing its production workers about reducing the current two shifts at the Gunsan factory to a single shift. That plant employs 2,200 manufacturing employees. It’s not clear if the surplus employees will be laid off, offered voluntary retirement or relocated to other facilities. Read More >
As the yen weakened against the dollar for a second consecutive year, Honda, Nissan and Toyota all set production records in their North American plants in 2013, according to Automotive News.
Should you happen to be in India two weeks from now, Datsun will unveil the above concept at the 2014 Delhi Auto Expo during a conference held by the offshoot automaker.
At a round-table discussion with reporters during last week’s Detroit Auto Show, Daimler CEO Dieter Zetsche proclaimed that any consumer wanting to be green with fuel cells had better be prepared for a decade of disappointment with the technology.
Last month Hyundai agreed to a union demand to end night shifts in the company’s Korean factories but it added graveyard shifts to their American plants. In Europe and North America third shifts are returning as companies try to wring out the maximum number of vehicles from their existing capacity. In August, Jaguar Land Rover added a third shift at its Liverpool plant to keep up with demand for the Evoque. In North America, the big American car companies shed lots of excess plants as they went through their financial crisis and to keep up with the rebound in sales as the economy starts to grow they have added night shifts to many of their assembly operations. Read More >
Chrysler Group LLC CEO Sergio Marchionne threw down the gauntlet for Jeep during an interview on Detroit’s WJR-AM at the 2014 Detroit Auto Show, proclaiming that the Rubicon-rated brand will move 1 million units onto the trails and highways by the end of this year.
In a sign that the 21st Century could belong to China after all, Porsche’s head of sales and marketing Bernhard Maier predicts that the United States will finish second on the podium to China as far as 911s and Macans are concerned by the end of 2014 at the earliest.
The second of three concepts hinting at Volvo’s new styling direction, the XC Coupe Concept has been unveiled ahead of its official debut at next week’s 2014 Detroit Auto Show.
When the 2015 Corvette Z06 debuts at the 2014 Detroit Auto Show next week, it will do so with enough firepower to level the playing field while throwing massive tree stumps at the competition.
Aimed at the same younger audience the CLA was designed to attract, Mercedes-AMG will debut their GLA45 at the 2014 Detroit Auto Show.
It doesn’t have a name yet, and the prototype that Toyota unveiled at the 2014 Consumer Electronics Show was covered in camo, but the Japanese automaker promises that they will be selling a hydrogen fuel cell vehicle in the United States next year. The company is claiming it will have a range of 300 miles and will refuel in less than five minutes. The Corolla sized sedan has been tested in North America’s hottest and coldest locations and Toyota says that the emissions free car will have an electric motor rated at greater than 100 kW (>130 hp) and be able to accelerate from zero to sixty miles an hour in about 10 seconds.
“We aren’t trying to re-invent the wheel; just everything necessary to make them turn,” said Bob Carter, Toyota’s senior VP in charge of U.S. auto operations. Read More >
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