MEMA Releases New Study on the Impact of the Parts Supplier Industry
Yesterday in Dearborn, MI, the Motor & Equipment Manufacturers Association (MEMA) in collaboration with the Center for Automotive Research (CAR) released a new study that establishes the U.S. motor vehicle parts supplier industry as the nation’s leading manufacturing sector, contributing approximately 4.5 million jobs nationwide and providing more jobs than any other sector in seven states.
MEMA to Release Study on Impact of Auto Suppliers Tomorrow in Detroit
The Motor & Equipment Manufacturers Association (MEMA) tomorrow will release the findings of a new study that examines the impact of the motor vehicle supplier industry. The study will be released tomorrow at a news conference in Dearborn, MI. The editorial staff of aftermarketNews, which is attending the news conference, will report on the study’s findings on Thursday.
Study Considers Auto Industry, Consumer Behavior in Reducing Greenhouse Gas Emissions
Tougher environmental policies aimed at reducing greenhouse gas emissions from the U.S. transportation sector will affect more than the production of cars and light trucks.Changes throughout the automotive industry will impact consumer behavior and the environment in uncertain ways. In an effort to predict the ripple effect of environmental policies, researchers James Winebrake, from Rochester Institute of Technology, and Steven Skerlos, from the University of Michigan, are creating a computer-based program for policymakers and analysts to evaluate the impact of future scenarios.
Johnson Controls, European Firm Continue Study of Lithium-ion Energy for Autos
A Johnson Controls hybrid battery technology joint venture has won a contract to pursue two more years of research into next-generation automotive batteries. Johnson Controls-Saft Advanced Power Solutions, a joint venture of Johnson Controls and the European battery company Saft, will aim to continue research on lithium-ion batteries, under a contract from the United States Advanced Battery Consortium.
Study Reveals Shipments in the Chinese Brake Parts Market Expected to Increase by 30 Percent
Brake part exports from China have been registering an average growth rate of 43 percent in each of the past two years. Overseas shipments are expected to increase 30 percent, to $1.4 billion in 2006.
Economic Influence of Auto, Heavy Duty Suppliers Subject of Upcoming Landmark Study
The Motor & Equipment Manufacturers Association (MEMA) announced today it will undertake a landmark study documenting the significant economic influence of automotive and heavy duty suppliers. The association said the study will be supported by never before collected facts and figures that will analyze the economic contribution of suppliers to the nation’s economy and will provide data on both a national level and state-by-state breakdown. The data will result in valuable statistics such as direct and intermediate employment; value of goods shipped; value of goods and services purchased; the percentage of sales suppliers dedicate to engineering, research and development; federal, state and local taxes generated from automotive suppliers; and total compensation for both direct and intermediate employment.
Study Shows Chinese Auto Industry Expanding, Facing Challenges
A new study released by IBM and the University of Michigan Transportation Research Institute’s Office for the Study of Automotive Transportation (OSAT) reveals the Chinese automotive industry is facing a number of significant challenges as it continues its expansion. The need to adapt to a market economy, a lack of technology and knowledge transfer from joint ventures, and infrastructure, air quality and oil supply challenges all combine to create an uncertain future for the Chinese automotive industry, according to the study.
Case Study: The DNA Building-Block Approach in Action
NMS Communications, a mid-sized network equipment manufacturer, employed the Thomas Group DNA building-block approach to reengineer the supply chain for its platform business, which accounts for 80 percent of the company’s revenue. NMS realized that to maintain a competitive edge, it needed to create a high-speed, demand-driven supply chain. But developing such a capability in an environment where forecasts traditionally ruled was a challenge.
Auto Part Suppliers Study Jobs
Automotive jobs will continue to leave Michigan, but there are remedies, says a report on the future of manufacturing to be delivered today at the opening session of the Society of Automotive Engineers World Congress in Cobo Center in Detroit. The U.S. is expected to see an 11 percent drop in its automotive production jobs by 2010, according to “The Odyssey of the Auto Industry” a study conducted by Roland Berger Strategy Consultants for the Original Equipment Suppliers Association.
Auto Executives Don’t See Big Profit Rise Until 2006, KPMG Study Reveals
The global automotive industry is not expected to return to peak profitability levels until at least 2006, according to the results of an annual global survey by KPMG, an audit, tax and advisory firm. However, automotive executives indicate the worst is behind them, citing 2003 as the worst year for profits in the half-decade, KPMG said. KPMG’s fifth annual survey, conducted in October and November 2003, polled 100 American, Asian and European automotive executives from 19 automakers and from 49 Tier 1 and 32 Tier 2 suppliers.