2017, OEM's New Road MAP!
Considering these disparate pressures on costs, there is no easy formula that OEMs or suppliers can use to improve their return on capital. The solution will likely come from a combination of actions. Part of the answer lies in consolidation, which reduces industry capital requirements by eliminating competition and combining two manufacturing and design footprints into one. To a degree, these goals explain 2016’s robust supplier M&A volume, continuing the trend of the previo
Chinese Automotive Industry's Big Picture!
Germans automakers - Audi, BMW, Mercedes - Porsche - continue to dominate China's 1.8 million million per annum luxury market. They take just under 80% of all premium sales. But Cadillac and Lincoln are gaining traction as fresh alternatives to the ubiquitous German marques. GM produces Cadillac XT5s, ATSs and other sedans at a new billion-dollar plant in Shanghai with its Chinese partner the Shanghai Automotive Industry Corporation. Lincoln imports its full set of offerings
Chinese Billionaire Hires Infinity Executive !
Many worldwide automobile manufacturers are branching out into the realm of electric vehicles and electric automobile technologies. Companies including Leshi, Infiniti and Tesla are all converging on the Chinese market to take advantage of the burgeoning sales that occur in the country. Domestic Chinese automobile manufacturers like Leshi are working to increase their own knowledge of electric vehicles as well as bring in experts in the field to increase the chances of succes