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Analyst Cecilia Gee "expects greater use of #carbonfiber among #automakers through 2020" Read more at: http://bit.ly/2KupkcU #LuxTake
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The automotive transplant market uses die cut products made of PORON® urethanes and BISCO® silicones. Foreign automakers choose JBC Technologies for die parts that support automotive assembly. https://hubs.ly/H0d3rjp0 #automotive #assembly #cars #automakers #autoparts
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A #steel manufacturer announced that #automakers are the target users for a jointly developed experimental robotic #welding system that will join dissimilar metals. Learn more. https://hubs.ly/H0dbx9r0
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KPMG’s Gary Silberg asks, how do #automakers stay at the leading edge, while having high six sigma capabilities? Explore: http://social.kpmg/46k8a
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#Automakers need to transform their business models to remain competitive. Read our latest blog with Flex: http://social.kpmg/updx6
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The #tradewar is making things difficult for American #automakers. #GeneralMotors and #FiatChrysler reported lower profit Wednesday (July 25) and cut their forecasts. #GM cited rising commodity prices. #Steel and #aluminum prices have gone up since the #Trump administration imposed #tariffs on those imports. That includes domestic steel and aluminum, which are more expensive without the threat of lower-priced imports.

The Trump administration is also considering a tariff on imported cars and trucks, as well as on auto parts. Every car assembled at US auto factories includes parts from foreign manufacturers. Richard Palmer, CFO of Fiat Chrysler, said the company is already seeing some higher prices and is wary about prices later, after existing contracts expire.


#WorldEconomy #Protectionism #America #Globalisation #GlobalTrade #TradeWars #EconomicRisk #Economy #TradePolicy #InternationalTrade #TradeTariffs #Politics #Geopolitics #InternationalRelations #USA #GlobalTradeWar #AutoIndustry
The trade war is starting to hurt American automakers
https://money.cnn.com/2018/07/25/news/companies/gm-fiat-chrysler-earnings/index.html
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It’s incumbent upon #automakers to prepare for what could go wrong through a thorough failure modes and effects analysis (FMEA): http://bitly.com/2K76PzK
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