Traverse City

VIDEO: Suppliers face stress test as automakers prepare product blitz

12:01 am U.S. ET | Aug. 10, 2015

Partsmakers are already experiencing pressure points in a thriving U.S. auto market. And with automakers set to introduce dozens of new models in the coming years, suppliers are preparing their 'A-Teams' to enhance communication, anticipate demand and ensure smooth launches.  ... Read More »

GM: New 'no-bid' strategy catches on with suppliers

12:01 am U.S. ET | Aug. 10, 2015

For General Motors' suppliers, no-bid contracts have become the norm rather than the exception, now that GM has rolled out a new parts-buying program that forgoes traditional bidding.... Read More »

Lexus: 'Dealers set the price, and that's the price'

12:01 am U.S. ET | Aug. 10, 2015

Lexus will take on one of the car business's most troublesome traditions next year -- haggling with customers over vehicle prices -- as the brand enlists dealer volunteers and allows them to set their own firm prices.... Read More »

Regulator's reminder: 54.5 mpg goal isn't final yet

12:01 am U.S. ET | Aug. 10, 2015

The strict federal fuel economy targets that have triggered furious re-engineering, and some hand-wringing, across the auto industry should be regarded as just a rough draft for now, according to Christopher Grundler, the EPA's top auto industry regulator, who sought to dispel the notion that the Obama administration's 54.5 mpg corporate fleet average targeted for the 2025 model year is set in stone.... Read More »


Fore! A full recovery takes flight

12:01 am U.S. ET | Aug. 9, 2015

The Center for Automotive Research celebrated a half century of its supplier-rich Management Briefing Seminars last week. Fifty years of tradition rest here along Grand Traverse Bay, but there's also the real feel that the industry is stepping into uncharted waters.... Read More »

FCA swaps cudgel for counsel

12:01 am U.S. ET | Aug. 9, 2015

Exactly one year after Fiat Chrysler CEO Sergio Marchionne slammed suppliers for their double-digit profit margins, the company has adopted a more supplier-friendly approach in its purchasing operations.... Read More »

VIDEO: Lexus' Jeff Bracken and his 'groundbreaking' dealers

10:45 am U.S. ET | Aug. 6, 2015

Lexus boss Jeff Bracken calls a special group of U.S. dealers groundbreakers. A dozen stores are helping him pilot a haggle-free pricing program. And more than 50 are set to spend an average of $15 million each to reinvent their facilities. It's all part of an effort to set examples for everyone to follow - instead of dictating behavior.... Read More »

Lear targets acquisitions to enhance electrical unit

2:49 pm U.S. ET | Aug. 6, 2015

Lear is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives consolidation among their suppliers.... Read More »

Lexus plans 2nd 'flagship' model to augment LS sedan

8:00 pm U.S. ET | Aug. 5, 2015

Toyota Motor's Lexus brand is planning to launch a second top-of-the-line "flagship" model to accompany a new generation of its LS sedan, the head of the brand's U.S. operations said.... Read More »

Go big or go home: Supplier mergers accelerate

11:00 am U.S. ET | Aug. 5, 2015

It's a banner year for mergers and acquisitions. In the first six months of the year, the world's automotive suppliers have spent $28 billion to buy other companies - more than in all of last year, when M&A deals totaled $20 billion.... Read More »

VIDEO: Battle of 'The Big Three' in lightweighting

10:45 am U.S. ET | Aug. 5, 2015

Nothing fuels innovation like competition. Just witness the high-cost battle among makers of steel, aluminum and composites for the automotive lightweighting title. Each is scoring significant technological victories and -- if current patterns hold -- earning a role in the vehicle of the future.... Read More »

FCA will free purchasing staff from cost restraints to focus on quality

10:00 pm U.S. ET | Aug. 5, 2015

Fiat Chrysler plans to no longer hold its purchasing staffers to individual cost-saving goals on parts. The goals had effectively tied the staffers' hands when suppliers sought pricing relief. Instead, the automaker says that cost savings goals will be managed by teams, allowing greater flexibility with individual suppliers.... Read More »

At the half: Top 25 N. America models and plants

11:00 am U.S. ET | Aug. 5, 2015

The Wednesday and Thursday issues of the Traverse City Daily feature production highlights for the first half of 2015.... Read More »

Lexus experiments with no-haggle dealer pilot, Bracken says

11:39 am U.S. ET | Aug. 5, 2015

Lexus is piloting a haggle-free pricing program with 12 of its 236 U.S. dealers this year, says Jeff Bracken, general manager of Toyota Motor Sales U.S.A.'s Lexus Division.... Read More »


BLOG: Chris Grundler and the EPA hot seat

11:25 am U.S. ET | Aug. 5, 2015

You think your job is tough? Try walking in Chris Grundler's shoes at the EPA.... Read More »


BLOG: Sergio is right, but industry avoids consolidation

2:07 pm U.S. ET | Aug. 5, 2015

Fiat Chrysler CEO Sergio Marchionne set the industry on its ear recently when he said it has a dangerous problem: a chronic addiction to burning capital at an unsustainable rate.... Read More »

VW plans big role for Chattanooga engineers

3:13 pm U.S. ET | Aug. 5, 2015

Volkswagen's new U.S. engineering office will have critical responsibility when it is fully staffed and operational later in this decade. The office will create new models adapted to U.S. tastes, a key goal for the German automaker.... Read More »

Consumers shrug fuel efficiency goals, McConnell says

5:52 pm U.S. ET | Aug. 5, 2015

Fuel efficiency gains are nice, but the car-buying public does not seem to be interested, a prominent Honda dealer said at the CAR Management Briefing Seminars.... Read More »

Local Motors details plans for street-legal 3-D car

4:55 pm U.S. ET | Aug. 5, 2015

Local Motors, the Arizona start-up company that uses 3-D printing technology to make cars, said it plans to have a street-legal two-seat coupe ready for sale to consumers by the third quarter of 2017.... Read More »

Opportunities grow for U.S. parts suppliers moving into China

4:31 pm U.S. ET | Aug. 5, 2015

The U.S. government would like you to know that China’s automotive market is beckoning, even to small companies who lack the funds to get in.... Read More »

EVs boom in China, but some hesitate to ramp up

3:46 pm U.S. ET | Aug. 5, 2015

Given China's lack of public re-charging stations -- and the lack of garages -- it seems implausible for the world's largest car market to spawn significant demand for electric cars. And yet, it's happening.... Read More »

Michigan governor markets state's automotive high-tech future

12:00 pm U.S. ET | Aug. 5, 2015

Michigan Gov. Rick Snyder has kicked off a new marketing campaign, entitled “We Run on Brainpower.” The goal is to remind engineers that Michigan is the place to go for jobs in automotive high tech innovation.... Read More »

GM goes full speed ahead in China despite slowdown

1:45 pm U.S. ET | Aug. 5, 2015

Unmoved by a sharp sales slowdown in China this year, General Motors is sticking with its $14 billion plan to expand production and introduce new models in that market.... Read More »

JCI boosts production of stop-start batteries

1:17 pm U.S. ET | Aug. 5, 2015

Johnson Controls is betting that the market for stop-start systems in North America is about to take off. By 2020, the supplier expects 40 percent of light vehicles produced in North America will have stop-start systems, up from 10 to 12 percent this year.... Read More »

Key vehicles generate K.C. supplier boom

11:00 am U.S. ET | Aug. 5, 2015

Eleven suppliers have opened plants in the Kansas City area since 2013, generating 1,800 jobs and $75 millioncq in new payroll. Kansas City's supplier community is booming because of a lucky convergence. A trio of big volume vehicles cranked up production in close order.... Read More »

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