The News Review:
- Detroit Auto Makers Boost Quality Scores
- Struggling auto suppliers could see profits by 2012 experts say
- Foreign Cos Seen ut-Producing Detroit In N America By 2012
- MRNING AUT REPRT Fiat makes quick changes at Chrysler
- Auto rankings: Big Three making better vehicles but Toyota still best
Detroit Auto Makers Boost Quality Scores
Wall Street Journal
led all the makers with its Lexus brand finishing in the top spot while BMW AG’s Mini was last. The results come at a time when quality and brand image are.
Struggling auto suppliers could see profits by 2012 experts say
USA Today
Now suppliers are adjusting their businesses to break even in a market where automakers are building 10 million vehicles in North America. “nce you break through that level you make a lot of money quickly. nce you’re below it you lose a lot of money very quickly” said Larry Denton an auto consultant who once headed Dura Automotive in Rochester Hills Mich. But the ramp-up won’t come quickly. It will take until about the first quarter of 2012 to reach a point where auto production in North America is on track for 12. 6 million vehicles the number of cars and light trucks built in 2008 said Michael Robinet vice president of global vehicle forecasts at CSM Worldwide in Northville Mich. When volumes return in a smaller supply sector the industry will have its best chance at profitability in the last 30 years said Craig Fitzgerald automotive consultant at Plante & Moran.
Foreign Cos Seen ut-Producing Detroit In N America By 2012
CNNMoney.com
As such the company says suppliers will need to increasingly sell themselvesto European- and Asian-based auto makers while the auto-supply industry shakesout from necessary consolidation and deleveraging. Grant Thornton said many suppliers may need to use bankruptcy to fix theirbalance sheets – some have already begun to do so – while ensuring they arewell-diversified on a customer geographic and product basis. The report comes after months of production cuts by global auto makers whohave been battered by sharply contracting demand for new cars as consumerconfidence waned and credit markets turned sour amid the financial crisis. Suppliers which are strongly dependent on Detroit have suffered along with thoseauto makers.
MRNING AUT REPRT Fiat makes quick changes at Chrysler
Detroit Free Press
history • By Tim HigginsAlso see:. Rick Laporte president of a Canadian Auto Workers branch at Chrysler’s minivan plant in Windsor said Fiat is accelerating the previous management’s implementation of Toyota’s world-class manufacturing system. “You will see it and feel it the first day back to work” Laporte told his union members. “Fiat has stressed with us that they will remove the barriers in their way including members of management who do not change their old ways. ” Leon Rideout president of a CAW branch at a Chrysler car plant near Toronto said changes included enlarging assembly-line teams from six to 10 workers.
Related from Zxyangchen: Auto maker’s China arm to be incorporated
Auto rankings: Big Three making better vehicles but Toyota still best
The Post-Standard – Syracuse.com
Power said vehicles like Hyundai’s Genesis Kia’s Borrego Toyota’s Venza and Volkswagen’s CC performed better than their segment averages according to a study released Monday. Ford General Motors and Chrysler made strides last year but still lag behind their foreign competitors according to a study released Monday by.