Vehicle stock isn’t the problem for GM dealerships right now
March 1, 2018 • U.S. auto sales are expected to decline for the second year in a row. But analysts say the industry is comparatively wholesome as customers flock to larger-revenue SUVs and vans. A 2018 Ford Expedition goes via the meeting line at a Ford plant Oct. 27, in Louisville, Ky. Higher-profit SUVs and vehicles are making up a larger share of auto sales, boosting the business’s fortunes. May 23, 2018 • President Trump has instructed Commerce Secretary Wilbur Ross to contemplate new protections for the home auto trade.
Auto Industry Waits (And Waits) To See Whether Trump Will Slap New Tariffs On Cars
In the second half of the century the state of affairs altered sharply as western European nations and Japan became main producers and exporters. “Carmakers need to add on common €1,000 of content to automobiles to make them comply with the new guidelines,” says Arndt Ellinghorst, an automotive business analyst at Evercore ISI.
lowered profitability and lower manufacturing throughout the US auto manufacturing sector. provide chain disruptions due to present metal, aluminum and tariffs. Auto manufacturers have cultivated advanced and highly refined global sourcing networks that embody every thing from semi-finished merchandise to parts and raw supplies. Their present vendors are all vetted for high quality, accuracy, and timeliness. Replacing these suppliers with onshore options would mean a radical restructuring that would take 5-10 years.
Carmakers have interaction in research and improvement particularly to entice … Read More