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Category Archives: manufacturing
SEAT Sets Profit Record of €143m in 2016
Worldwide sales were nearly 410,000 vehicles. SEAT is a member of the Volkswagen Group, the multinational has its headquarters in Martorell (Barcelona), exporting 81% of its vehicles in over 80 countries through a network of 1,700 dealerships. Continue reading
Posted in financial results, manufacturing, marketing
Tagged autoinformed, autoinformed.com, Ken Zino, seat, SEAT Profit Record, volkswagen group
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2 Millionth Duramax Diesel Engine Built
DMAX has increased its employment during the past few years as the economy recovered from the Republican-induced Great Recession and currently employs 554 I.U.E.-CWA Local 755 hourly, and 114 salaried employees for a total of 668. Continue reading
FCA Dedicates World Class Manufacturing Academy
FCA employees and community members can take classes to earn an Associate’s degree through Ivy Tech, then work toward a Bachelor’s degree from Purdue. Continue reading
U.S. Trade – Three-Year High for Imports
This means a trade deficit of 48.7 billion up $4.2 billion from $44.3 billion in December, including a whopping $10.9 billion in the automotive sectors during January. For NAFTA fans: The deficit with Mexico increased $1.0 billion to $5.5 billion in January. Exports decreased $0.2 billion to $20.5 billion and imports increased $0.8 billion to $26.0 billion. Year-over-year, the goods and services deficit increased $5.1 billion, or 11.8%, from January 2016. Exports increased $13.3 billion or 7.4%. Imports increased $18.4 billion or 8.3%. Continue reading
Posted in economy, manufacturing
Tagged autoinformed, autoinformed.com, census bureau, Ken Zino, U.S. Trade Deficit January 2017
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2017 SAE World Congress – Automated Technology, Autonomous Vehicles Star
Serving as a global forum of industry leaders, inventors, and disruptors from Detroit to Silicon Valley and everywhere in-between, th SAE World Congress promises three days of “active learning, high-powered collaboration, and technological discovery.” Continue reading
General Motors India to End Manufacturing, Sell Halol Plant
GM’s presence in India since 1996 – but going back to 1928 with Opel and forced out by the government in 1954 – revolves around the Chevrolet brand – Cruze, Sail, Sail Hatchback, Beat, Spark. GM is the 5th largest automobile manufacturing company in India after Maruti Suzuki, Hyundai, Tata Motors and Mahindra. Continue reading
General Motors Sells Opel/Vauxhall to PSA Group for €2.2B
The deal includes all of Opel/Vauxhall’s automotive operations, comprising Opel and Vauxhall brands, six assembly and five component manufacturing facilities, one engineering center (Rüsselsheim, Deutschland) and approximately 40,000 employees. GM will retain the engineering center in Torino, Italy. Continue reading
GM to Announce Sale of Opel/Vauxhall this Monday with Investors’ Call and a Press Conference
If the deal goes through, it would mean GM’s presence in Europe would be limited to niche sales of Cadillac, and Chevrolet Camaro and Corvette models – all of them exports. PSA is the third largest automaker in Europe behind Renault. Volkswagen Group leads in Europe PSA Group’s sales were 1,930,000 vehicles and increased by 3.6% in 2016. In 2016, global sales increased by 5.8%, to 3,146,000 units. Continue reading
Jaguar Land Rover Largest Automaker in Britain
How this works out under Brexit rains to be seen. The importance of the UK market varies substantially for different automakers. Jaguar Land Rover, Honda and Ford have “strong exposure to risks,” says LMC. Continue reading
Posted in manufacturing, news analysis, sales
Tagged autoinformed, autoinformed.com, Brexit, jaguar land rover, jlr, Ken Zino, Trump border tax
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GM and Honda to Make Fuel Cells in Michigan
General Motors Co. (NYSE: GM) and Honda (NYSE: HMC) will start the auto industry’s first joint venture to “mass produce” a hydrogen fuel cell system that will be used both companies. It’s the latest example of how increasing capital costs and pressure from stock markets on overall returns are forcing unlikely alliances between competitors within the auto industry. Continue reading
Posted in alternative fuels, auto news, electric vehicles, engineering, environment, global warming, manufacturing, news analysis, shows and events
Tagged autoinformed, autoinformed.com, Chevrolet Colorado ZH2 Fuel Cell, Fuel Cell System Manufacturing, Honda Clarity fuel cell, hydrogen fuel cell, Ken Zino
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General Motors Announces ~7000 US Manufacturing Jobs
GM also said it will begin work on in-sourcing axle production for its next generation full-size pickup trucks, including work previously done in Mexico, to operations in Michigan, creating 450 U.S. jobs. Continue reading
Trump Triumphs? Ford Cancels Mexico Plant
This appears to be a partial victory for the twit tweets of Donald Trump that are centered around U.S. jobs. About 700 jobs will eventually be created. However, Ford will build its next-generation Focus at an existing plant in Hermosillo, Mexico “to improve company profitability.” Continue reading
Posted in labor issues, manufacturing, news analysis
Tagged autoinformed, autoinformed.com, Donald Trump on Jobs, flat rock, Hermosillo, Ken Zino, mexico, nafta, san luis potosi
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Trump Claims Jobs Victory on Minor Tweak in Ford Production
The Louisville plant will continue Ford Escapes, along with the Lincoln MKC for the moment. No jobs were created, and given the overheated compact SUV market, no jobs were saved. Continue reading
Posted in manufacturing, people
Tagged autoinformed, autoinformed.com, donald trump, For Escape, Ken Zino, Lincoln mkc, louisville assembly
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Collision Course – Trump, Mexico, NAFTA
Despite what appears to be Trumps ill-informed trade views – if they are informed at all – CAR using data, not diatribes, observes that the major reason for this rapid growth of the auto industry in Mexico comes from the injection of $13.3 billion in investment to move 3.3 million units of vehicle capacity from Japan, Germany, and South Korea to Mexico Continue reading
