Displaying items by tag: Center for Automotive Research
The topic of the day at this year’s Center for Automotive Research (CAR) Management Briefing Seminars was predictable.
The recent and sudden downturn in the automotive industry is likely to lead to a flurry of bankruptcies and sell-offs by distressed suppliers, not unlike what the industry witnessed on the heels of the Great Recession.
Many domestic manufacturers, including automakers, had started reevaluating their supply chains even before the COVID-19 pandemic hit, but the international health crisis has only accelerated those conversations.
Regardless of when the historic UAW strike against General Motors Co. ultimately ends, the disruptive effect of lost production and earnings will linger, putting further strain on an industry already flagged by slowing sales and tariff disputes with China.
ACME — After a decade of bullish outlooks, automotive suppliers need to buckle up for a period of upcoming disruptions.
Self-driving shuttles may be traveling through downtown Grand Rapids these days, but automakers say broad acceptance for autonomous, connected, electric and shared vehicles will take more patience.
A chorus of manufacturing leaders and trade organizations from Michigan are urging Congress to pass a new trade agreement with Canada and Mexico.
The challenges confronting Michigan’s tool, die and mold makers are deeply rooted. The state hosts more than twice as many tool and die workers compared to any other state, according to data from the Bureau of Labor Statistics. As the undisputed leader of the industry, Michigan also suffers the greatest consequences of its uncertainty.
As the Trump administration prepares to roll back emissions regulations that push cars to be cleaner and more fuel efficient, it may also set the stage for a political battle that could create a rift in the U.S. auto industry. After several months of comment and a possible setback from the 35-day government shutdown last month, the newly finalized fuel economy rules are due from the administration by March 31. However, following the publication of the proposed changes, California and eighteen other states announced that if less-stringent fuel economy rules are enacted, they will sue the government — which may lead to a period of prolonged regulatory uncertainty.